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 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

ASSETS

Cash and cash equivalents

Cash and due from banks 17,341 13,590 17,255 23,214 15,110
Interest-earning deposits in other banks 20,931 23,248 19,165 22,350 29,133
Total cash and cash equivalents 38,272 36,838 36,420 45,564 44,243

Securities

Available-for-sale, at fair value 127,969 103,875 97,663 85,528 86,378
Held-to-maturity 33,819 23,883 25,758 20,688 20,218
Equity Securities NA NA 89 83 89
Restricted stock, at cost 4,614 4,614 4,614 4,614 4,614
Total securities 166,402 132,372 128,124 110,913 111,299
Loans held for sale 47 0 246 108 140
Loans 422,871 475,449 516,830 548,974 548,220
Less allowance for loan losses 4,662 5,291 5,604 5,907 6,287
Net loans 418,209 470,158 511,226 543,067 541,933
Premises and equipment, net 8,209 8,749 9,244 9,961 10,800
Core deposit intangible 504 383 268 167 151
Goodwill 4,728 4,728 4,728 4,728 4,728
Bank-owned life insurance 10,085 10,361 13,218 13,554 16,638
Accrued interest receivable and other assets 3,858 6,389 3,589 3,660 4,913
TOTAL ASSETS 650,314 669,978 707,063 731,722 734,845

LIABILITIES AND SHAREHOLDERS' EQUITY

LIABILITIES

Deposits
Noninterest-bearing 151,549 167,824 173,671 185,871 177,404
Interest-bearing 373,493 372,961 409,588 420,627 429,938
Total deposits 525,042 540,785 583,259 606,498 607,342
Short-term borrowings 48,598 48,742 39,480 37,415 36,324
Other borrowings 13,465 12,385 11,409 8,525 8,373
Accrued interest payable and other liabilities 1,943 2,651 2,383 2,748 3,839
Total liabilities 589,048 604,563 636,531 655,186 655,878

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 56,115
Treasury stock (4,822) (4,784) (4,784) (4,784) (4,784)
Accumulated other comprehensive loss (417) (874) (663) (1,412) (808)
Total shareholders' equity 61,266 65,415 70,532 76,536 78,967
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 650,314 669,978 707,063 731,722 734,845
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.