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 3/31/2019 USD 2019 Q1 YTD 3/31/2019 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 3/31/2019 USD 2019 Q1 YTD 3/31/2019 USD
Cash and due from banks 9,891 23,297 21,607 20,616 19,782
Federal Funds Sold 100 4,388 322 1,246 1,275
Interest-bearing deposits and other short-term investments 3,712 42,549 5,203 4,927 23,425
Cash and cash equivalents 13,703 70,234 27,132 26,789 44,482

Securities available-for-sale, at fair value

Securities available-for-sale, at fair value 182,590 300,115 288,416 253,748 244,878
SECURITIES HELD-TO-MATURITY 238,219 NA NA NA NA
Marketable equity securities, at fair value NA NA 0 6,408 6,518
Federal Home Loan Bank stock and other restricted stock, at cost 15,074 16,124 15,553 14,695 12,407
Loans, net of allowance for loan losses 809,373 1,556,416 1,619,850 1,684,804 1,668,787
Premises and equipment, net 13,564 20,885 23,500 24,624 24,432
Accrued interest receivable 3,878 5,782 5,946 5,652 5,640
Bank-owned life insurance 50,230 66,938 68,762 69,252 69,677

Deferred tax asset, net

Deferred tax asset, net 10,881 16,159 8,784 9,872 8,753
Goodwill 0 13,747 12,487 12,487 12,487

Core deposit intangible

Core deposit intangible 0 4,438 4,063 3,688 3,594
Other real estate owned 0 298 155 NA NA
Other assets 2,418 4,882 8,422 6,803 14,042
Total Assets 1,339,930 2,076,018 2,083,070 2,118,822 2,115,697

LIABILITIES AND SHAREHOLDERS' EQUITY

LIABILITIES

Deposits
Non-interest-bearing 157,844 303,993 311,851 355,389 345,077
Interest-bearing 742,519 1,214,078 1,194,231 1,240,604 1,284,757
Total deposits 900,363 1,518,071 1,506,082 1,595,993 1,629,834
Short-term borrowings 128,407 172,351 144,650 59,250 35,000
Long-term debt 153,358 124,836 164,786 208,018 196,039
SECURITIES PENDING SETTLEMENT 0 455 304 NA NA
Other liabilities 18,336 21,909 19,967 18,532 27,507
Total liabilities 1,200,464 1,837,622 1,835,789 1,881,793 1,888,380

SHAREHOLDERS' EQUITY

Preferred stock 0 0 0 0 0
Common stock 183 304 305 284 270
Additional paid-in capital 108,210 205,996 203,527 182,096 167,812
Unearned compensation - ESOP (6,952) (6,418) (5,786) (5,171) (5,022)
Unearned compensation - Equity Incentive Plan (313) (536) (791) (872) (1,702)
Retained earnings 49,316 51,711 62,578 74,108 76,156
Accumulated other comprehensive loss (10,978) (12,661) (12,552) (13,416) (10,197)
TOTAL SHAREHOLDERS' EQUITY 139,466 238,396 247,281 237,029 227,317
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 1,339,930 2,076,018 2,083,070 2,118,822 2,115,697
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.