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As Reported Financials

As Reported Financials

Document Name As Of Date Currency Code (in thousands) 2016 Y 10-K 6/30/2016 USD 2017 Y 10-K 6/30/2017 USD 2018 Y 10-K 6/30/2018 USD 2019 Y 10-K 6/30/2019 USD 2020 Q1 YTD 10-Q 9/30/2019 USD
Document Name As Of Date Currency Code 2016 Y 10-K 6/30/2016 USD 2017 Y 10-K 6/30/2017 USD 2018 Y 10-K 6/30/2018 USD 2019 Y 10-K 6/30/2019 USD 2020 Q1 YTD 10-Q 9/30/2019 USD

Cash flows from operating activities

Net income 2,147 2,994 3,581 5,566 NA

Adjustments to reconcile net income to net cash flows from operating activities

Depreciation 647 781 771 797 NA
Securities amortization and accretion, net 1,092 1,087 963 784 NA
Provision for loan losses 1,498 596 310 (440) NA
Gain on disposal of fixed assets 7 2 (6) (11) NA
Loss on disposition or direct write-down of other real estate owned (2) 35 2 0 NA
Net gain on sale of loans (186) (258) (367) (458) NA
Deferred income tax expense (142) 128 462 173 NA
Gain on sale of securities (202) (209) (33) (561) NA
Origination of loans held for sale (13,495) (24,379) (22,336) (29,473) NA
Proceeds from loans held for sale 13,095 24,775 22,760 29,797 NA
Increase in cash surrender value of life insurance (193) (246) (270) (271) NA
Change in other assets and other liabilities (415) 73 14 483 NA
Net cash from operating activities 3,851 5,379 5,851 6,386 806

Cash flow from investing activities

Securities available-for-sale

Purchases (29,739) (41,752) (23,878) (22,914) (2,318)
Maturities, calls and principal pay downs 24,285 21,869 15,618 19,091 4,893
Proceeds from sales 10,596 7,342 2,644 7,670 4,460

Securities held-to-maturity

Purchases 0 (1,000) NA NA NA
Principal pay downs 161 235 235 238 100
Net decrease in certificate of deposit in other financial institutions (1,436) 1,985 948 990 490
Purchase of Federal Home Loan Stock 0 (29) (34) (264) NA
Net increase in loans (28,161) (18,120) (45,869) (49,935) (14,654)
Purchase of Bank owned life insurance 0 (2,000) NA NA NA
Proceeds from BOLI death benefit NA NA NA NA 753
Acquisition of premises and equipment (2,634) (598) (688) (1,671) (48)
Disposal of premises and equipment 0 2 6 45 NA
Proceeds from sale of other real estate owned 40 7 69 0 NA
Net cash from investing activities (26,888) (32,059) (50,949) (46,750) (6,324)

Cash flow from financing activities

Net increase in deposit accounts 13,652 27,823 55,492 42,211 15,260
Net change in short-term borrowings (709) 4,857 (10,619) (9,681) 68
Proceeds from Federal Home Loan Bank advances 16,300 19,325 2,700 13,000 1,500
Repayments of Federal Home Loan Bank advances (5,259) (24,286) (3,264) (2,056) (7,900)
Dividends paid (1,310) (1,308) (1,351) (1,421) (369)
Net cash from financing activities 22,674 26,411 42,958 42,053 8,559
Increase in cash or cash equivalents (363) (269) (2,140) 1,689 3,041
Cash and cash equivalents, beginning of period 10,544 10,181 9,912 7,772 9,461
Cash and cash equivalents, end of period 10,181 9,912 7,772 9,461 12,502

Supplemental disclosure of cash flow information

Cash paid during the period

Interest 903 1,108 1,643 3,092 1,050
Federal income taxes 725 300 730 820 0

Non-cash items

Transfer from loans to repossessed assets 38 113 0 0 NA
Transfer from loans held for sale to portfolio 0 342 253 75 0
Issuance of treasury stock for stock awards NA 0 90 59 89
Expired and forfeited dividend reinvestment plan shares associated with restricted stock awards that were retired to treasury stock 6 4 4 0 NA
Right of use assets obtained in exchange for lease liabilities NA NA NA NA 582
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.