As Reported Financials

Source Document Currency Code (in thousands) 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 9/30/2018 USD 2018 Q3 YTD 9/30/2018 USD
Source Document Currency Code 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 9/30/2018 USD 2018 Q3 YTD 9/30/2018 USD

ASSETS

Cash and due from banks 18,349 21,566 19,844 29,575 17,880
Interest-bearing deposits in bank 17,761 25,161 22,233 18,644 29,733
Cash and cash equivalents 36,110 46,727 42,077 48,219 47,613
Securities available for sale 45,431 33,530 34,464 28,684 25,281
Securities held to maturity 25,280 43,167 57,843 58,002 57,606
Equity securities NA NA NA 2,448 2,412
Restricted investments, at cost 3,029 3,596 4,805 5,430 5,997
Loans held for sale 1,589 3,050 4,537 2,581 1,461
Loans 627,614 693,150 753,092 850,874 900,895
Allowance for loan losses (8,069) (8,713) (9,565) (10,668) (11,390)
Net loans 619,545 684,437 743,527 840,206 889,505
Other real estate owned ("OREO") 1,603 411 259 0 585
Bank owned life insurance 16,849 17,294 21,029 21,573 21,968
Premises and equipment, net 5,696 5,083 4,662 6,239 6,011
Accrued interest receivable 1,636 1,912 2,234 2,554 2,982
Goodwill 18,109 18,109 18,109 18,109 18,109
Other intangible assets, net of accumulated amortization 57 9 NA NA NA
Other assets 6,262 6,371 6,665 5,753 6,769
Total Assets 781,196 863,696 940,211 1,039,798 1,086,299

LIABILITIES AND SHAREHOLDERS' EQUITY

Deposits

Non-interest-bearing 140,459 144,627 160,104 167,297 173,906
Interest-bearing 501,931 563,809 616,463 694,260 731,839
Total Deposits 642,390 708,436 776,567 861,557 905,745
Securities sold under agreements to repurchase 23,290 19,545 19,915 27,120 22,153
FHLB and other borrowings 16,000 26,500 25,300 25,800 24,500
Subordinated debt 0 9,824 9,855 9,888 9,914
Accrued interest payable 46 118 100 70 97
Other liabilities 5,538 6,271 7,758 8,792 9,999
Total Liabilities 687,264 770,694 839,495 933,227 972,408

Shareholders' Equity

Preferred stock NA 0 0 0 0
Preferred stock, Series C 6,000 NA NA NA NA
Common stock 72,527 72,890 79,056 79,678 80,294
Retained earnings 17,501 22,759 24,447 29,593 36,535
Treasury stock (1,751) (2,248) (2,396) (2,396) (2,396)
Accumulated other comprehensive loss (345) (399) (391) (304) (542)
Total Shareholders' Equity 93,932 93,002 100,716 106,571 113,891
Total Liabilities and Shareholders' Equity 781,196 863,696 940,211 1,039,798 1,086,299
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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