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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

Interest and dividend income

Loans, including fees 11,211 12,333 13,937 16,590 4,761
Securities, taxable 1,880 1,678 1,916 2,192 510
Securities, tax-exempt 1,399 1,434 1,472 1,584 399
Federal bank and other restricted stocks NA NA 81 86 20
Federal funds sold and other interest-bearing deposits 117 122 151 93 26
Total interest and dividend income 14,607 15,567 17,557 20,545 5,716

Interest expense

Deposits 679 792 1,210 2,786 945
Short-term borrowings 39 90 240 51 11
Federal Home Loan Bank advances 184 226 221 319 79
Total interest expense 902 1,108 1,671 3,156 1,035
Net interest income 13,705 14,459 15,886 17,389 4,681
Provision for loan losses 1,498 596 310 (440) 130
Net interest income after provision for loan losses 12,207 13,863 15,576 17,829 4,551

Noninterest income

Service charges on deposit accounts 1,269 1,245 1,200 1,264 373
Debit card interchange income 948 1,161 1,333 1,454 391
Bank owned life insurance death benefit NA NA NA NA 324
Bank owned life insurance income 193 246 270 271 68
Gain on sale of mortgage loans 186 258 367 458 NA
Securities gains, net 202 209 33 561 106
Loss on disposition of other real estate owned 2 (35) NA NA NA
Other 188 166 188 260 207
Total noninterest income 2,988 3,250 3,391 4,268 1,469

Noninterest expenses

Salaries and employee benefits 6,933 7,136 7,692 8,355 2,173
Occupancy and equipment 1,612 1,888 1,867 2,096 532
Data processing expenses 578 583 601 621 385
Debit card processing expenses 463 636 754 765 201
Professional and director fees 447 608 523 799 257
FDIC assessments 268 175 168 149 (7)
Franchise taxes 334 336 343 361 95
Marketing and advertising 302 267 308 424 181
Loan and collection expenses 197 155 117 101 NA
Telephone and network communications 321 305 307 268 74
Other 1,314 1,389 1,557 1,579 414
Total noninterest expenses 12,769 13,478 14,237 15,518 4,305
Income before income taxes 2,426 3,635 4,730 6,579 1,715
Income tax expense 279 641 1,149 1,013 212
Net income 2,147 2,994 3,581 5,566 1,503
Basic and diluted earnings per share 0.79 1.10 1.31 2.04 0.55

Consolidated statements of comprehensive income

Net income 2,147 2,994 3,581 5,566 1,503

Other comprehensive income (loss), net of tax

Net change in unrealized gains (losses) on securities available-for-sale
Unrealized gains (losses) arising during the period 2,460 (2,737) (2,711) 4,612 818
Reclassification adjustment for gains included in income (202) (209) (33) (561) (106)
Net unrealized gains (losses) 2,258 (2,946) (2,744) 4,051 712
Income tax effect (768) 1,002 650 (850) (149)
Other comprehensive income (loss) 1,490 (1,944) (2,094) 3,201 563
Total comprehensive income 3,637 1,050 1,487 8,767 2,066
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.