As Reported Financials

Source Document Currency Code (in thousands) 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 12/31/2018 USD 2018 Y 6/30/2019 USD 2019 Q2 YTD 6/30/2019 USD
Source Document Currency Code 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 12/31/2018 USD 2018 Y 6/30/2019 USD 2019 Q2 YTD 6/30/2019 USD

ASSETS

Cash and due from banks 21,566 19,844 29,575 24,067 19,798
Interest-bearing deposits in bank 25,161 22,233 18,644 24,059 50,242
Cash and cash equivalents 46,727 42,077 48,219 48,126 70,040
Securities available for sale, at fair value 33,530 34,464 28,684 24,407 23,604
Securities held to maturity, at amortized cost 43,167 57,843 58,002 47,455 43,774
Equity securities, at fair value NA NA 2,448 2,451 2,548
Restricted investments, at cost 3,596 4,805 5,430 6,082 6,447
Loans held for sale 3,050 4,537 2,581 1,496 1,093
Loans 693,150 753,092 850,874 921,301 953,080
Allowance for loan losses (8,713) (9,565) (10,668) (11,398) (11,684)
Net loans 684,437 743,527 840,206 909,903 941,396
Other real estate owned ("OREO") 411 259 0 585 2,912
Bank owned life insurance 17,294 21,029 21,573 22,098 22,188
Premises and equipment, net 5,083 4,662 6,239 5,917 6,505
Operating lease right-of-use assets NA NA NA 0 5,004
Accrued interest receivable 1,912 2,234 2,554 2,583 2,929
Goodwill 18,109 18,109 18,109 18,109 18,109
Other intangible assets, net of accumulated amortization 9 NA NA NA NA
Other assets 6,371 6,665 5,753 7,207 7,248
Total Assets 863,696 940,211 1,039,798 1,096,419 1,153,797

LIABILITIES AND SHAREHOLDERS' EQUITY

Deposits

Non-interest-bearing 144,627 160,104 167,297 176,655 179,886
Interest-bearing 563,809 616,463 694,260 740,699 792,706
Total Deposits 708,436 776,567 861,557 917,354 972,592
Securities sold under agreements to repurchase 19,545 19,915 27,120 19,402 14,162
FHLB and other borrowings 26,500 25,300 25,800 22,500 20,700
Subordinated debt 9,824 9,855 9,888 9,923 9,942
Accrued interest payable 118 100 70 119 94
Operating lease liabilities NA NA NA 0 5,137
Other liabilities 6,271 7,758 8,792 10,623 9,754
Total Liabilities 770,694 839,495 933,227 979,921 1,032,381

Shareholders' Equity

Preferred stock 0 0 0 0 0
Common stock 72,890 79,056 79,678 80,481 80,954
Retained earnings 22,759 24,447 29,593 39,109 43,857
Treasury stock (2,248) (2,396) (2,396) (2,647) (3,129)
Accumulated other comprehensive loss (399) (391) (304) (445) (266)
Total Shareholders' Equity 93,002 100,716 106,571 116,498 121,416
Total Liabilities and Shareholders' Equity 863,696 940,211 1,039,798 1,096,419 1,153,797
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.

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