As Reported Financial Statements

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 cash equivalents

Cash and due from banks 17,341 13,590 17,255 23,214 15,214
Interest-earning deposits in other banks 20,931 23,248 19,165 22,350 42,063
Total cash and cash equivalents 38,272 36,838 36,420 45,564 57,277

Securities

Available-for-sale, at fair value 127,969 103,875 97,663 85,528 86,297
Held-to-maturity 33,819 23,883 25,758 20,688 19,657
Equity Securities NA NA 89 83 87
Restricted stock, at cost 4,614 4,614 4,614 4,614 4,614
Total securities 166,402 132,372 128,124 110,913 110,655
Loans held for sale 47 0 246 108 409
Loans 422,871 475,449 516,830 548,974 550,612
Less allowance for loan losses 4,662 5,291 5,604 5,907 6,537
Net loans 418,209 470,158 511,226 543,067 544,075
Premises and equipment, net 8,209 8,749 9,244 9,961 11,638
Core deposit intangible 504 383 268 167 135
Goodwill 4,728 4,728 4,728 4,728 4,728
Bank-owned life insurance 10,085 10,361 13,218 13,554 16,760
Accrued interest receivable and other assets 3,858 6,389 3,589 3,660 4,575
TOTAL ASSETS 650,314 669,978 707,063 731,722 750,252

LIABILITIES AND SHAREHOLDERS' EQUITY

LIABILITIES

Deposits
Noninterest-bearing 151,549 167,824 173,671 185,871 180,766
Interest-bearing 373,493 372,961 409,588 420,627 442,562
Total deposits 525,042 540,785 583,259 606,498 623,328
Short-term borrowings 48,598 48,742 39,480 37,415 35,474
Other borrowings 13,465 12,385 11,409 8,525 6,576
Accrued interest payable and other liabilities 1,943 2,651 2,383 2,748 3,416
Total liabilities 589,048 604,563 636,531 655,186 668,794

SHAREHOLDERS' EQUITY

Common stock 18,629 18,629 18,629 18,629 18,629
Additional paid-in capital 9,846 9,815 9,815 9,815 9,815
Retained earnings 38,030 42,629 47,535 54,288 57,988
Treasury stock at cost (4,822) (4,784) (4,784) (4,784) (4,780)
Accumulated other comprehensive loss (417) (874) (663) (1,412) (194)
Total shareholders' equity 61,266 65,415 70,532 76,536 81,458
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 650,314 669,978 707,063 731,722 750,252
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.