Balance Sheet

Financial Highlights
2020 FQ2 YTD
3/31/2020
2019 FY
9/30/2019
2018 FY
9/30/2018
2017 FY
9/30/2017
2016 FY
9/30/2016
Assets ($000)
Cash and Due from Banks 22,862 25,179 20,238 17,447 16,686
Fed Funds Sold 0 0 0 0 0
Deposits at Financial Institutions 227,758 196,182 191,916 173,775 145,255
Securities Purchased, to Resell 0 0 0 0 0
Other Cash & Cash Equivalents 0 0 0 0 0
Cash and Cash Equivalents 250,620 221,361 212,154 191,222 161,941
Trading Account Securities 0 0 0 0 0
Available for Sale Securities 42,439 23,490 1,154 1,241 1,342
Held to Maturity Securities 36,667 31,102 12,810 7,139 7,511
Other Securities 4,922 4,437 4,190 4,107 2,204
Total Cash & Securities 334,648 280,390 230,308 203,709 172,998
Gross Loans Held for Investment 919,547 896,352 734,921 699,917 672,972
Loan Loss Reserve 11,890 9,690 9,530 9,553 9,826
Loans Held for Sale, before Reserves 5,798 6,071 1,785 3,599 3,604
Total Net Loans 913,455 892,733 727,176 693,963 666,750
Real Estate Owned and Held for Investment 1,623 1,683 1,913 3,301 4,117
Goodwill 15,131 15,131 5,650 5,650 5,650
Core Deposit Intangibles 1,828 2,031 0 0 0
Other Intangibles 0 0 0 0 0
Intangible Assets other than Goodwill 1,828 2,031 0 0 0
Total Intangible Assets 16,959 17,162 5,650 5,650 5,650
Loan Servicing Rights 2,724 2,408 2,028 1,825 1,573
Credit Card Rights 0 0 0 0 0
Other Loan Servicing Rights 0 0 0 0 0
Total Servicing Rights 2,724 2,408 2,028 1,825 1,573
Fixed Assets 25,831 22,830 18,953 18,418 16,159
Interest Receivable 3,595 3,598 2,877 2,520 2,348
Prepaid Expense 1,518 1,451 1,517 1,090 1,203
Bank-owned Life Insurance 21,299 21,005 19,813 19,266 18,721
Other Assets 1,449 3,872 8,055 2,282 1,869
Total Other Assets 53,692 52,756 51,215 43,576 40,300
Total Assets 1,323,101 1,247,132 1,018,290 952,024 891,388
Memo: Consolidated VIE Assets 0 0 0 0 0
Memo: Covered Loans 0 0 0 0 0
Memo: Covered OREO 0 0 0 0 0
Memo: Covered Securities 0 0 0 0 0
Memo: Covered Assets 0 0 0 0 0
Liabilities ($000)
Total Deposits 1,125,648 1,068,227 889,506 837,898 761,534
FHLB Borrowings 10,000 0 0 0 30,000
Senior Debt 12,759 0 0 0 30,000
Trust Preferred (FAS 150) 0 0 0 0 0
Total Subordinated Debt 0 0 0 0 0
Redeemable Financial Instruments (FAS 150) 0 0 0 0 0
Total Debt 12,759 0 0 0 30,000
Total Other Liabilities 6,686 7,838 4,127 3,126 3,020
Total Liabilities 1,145,093 1,076,065 893,633 841,024 794,554
Memo: Consolidated VIE Liabilities 0 0 0 0 0
Mezzanine ($000)
Redeemable Preferred 0 0 0 0 0
Trust Preferred Securities 0 0 0 0 0
Total Minority Interest 0 0 0 0 0
Other Mezzanine Items 0 0 0 0 0
Total Mezzanine Level Items 0 0 0 0 0
Equity ($000)
TARP Preferred Equity 0 0 0 0 0
Other Preferred Equity 0 0 0 0 0
Total Preferred Equity 0 0 0 0 0
Common Equity 178,008 171,067 124,657 111,000 96,834
Equity Attributable to Parent Company 178,008 171,067 124,657 111,000 96,834
Noncontrolling Interests 0 0 0 0 0
Total Equity 178,008 171,067 124,657 111,000 96,834
Net Unrealized Gain (179) 50 (129) (124) (175)
Tot Acc Other Comprehensive Inc (179) 50 (129) (124) (175)
Balance Sheet Analysis (%)
Gross Loans HFI/ Total Assets 69.50 71.87 72.17 73.52 75.50
Loans/ Deposits 81.69 83.91 82.62 83.53 88.37
Loan Loss Reserves/ Gross Loans 1.28 1.07 1.29 1.36 1.45
Reserves/ Loans Held For Investment 1.29 1.08 1.30 1.36 1.46
One Year Gap/ Assets NA NA NA NA NA
1-4 Loans Serviced for Others($000) 405,466 386,357 370,928 358,173 340,308
Level 1 Assets($000) 969 958 917 952 976
Level 2 Assets($000) 41,485 22,534 240 414 386
Level 3 Assets($000) 2,569 2,211 2,139 5,987 9,636
Level 1 Liabilities($000) 0 0 0 0 0
Level 2 Liabilities($000) 0 0 0 0 0
Level 3 Liabilities($000) 0 0 0 0 0
FTE Employees(actual) 281 292 259 262 259
Annualized Growth Rates (%)
Asset Growth 12.18 22.47 6.96 6.80 9.26
Gross Loans HFI Growth 5.18 21.97 5 4 9.57
Deposit Growth 10.75 20.09 6.16 10.03 12.17
Average Balances ($000)
Avg Gross Loans HFI 915,491 862,219 719,305 686,966 642,030
Avg Loans HFS 5,677 3,331 3,100 3,733 2,775
Average Loans, Gross of Reserves 916,931 878,984 721,472 692,278 643,698
Avg Securities 73,893 43,394 13,885 11,717 11,846
Avg Other Int Earn Assets 200,107 214,481 188,080 160,165 139,180
Avg Secs & Other Int Earn Assets 274,000 257,875 201,965 171,882 151,026
Avg Interest Earning Assets 1,190,931 1,136,859 923,437 864,160 794,724
Avg Assets 1,275,242 1,223,353 984,165 922,994 851,693
Avg CDs 168,039 159,397 140,464 143,171 151,072
Avg Other Interest-bearing Deposits 615,270 607,989 500,057 467,091 407,444
Avg Interest-bearing Deposits 783,309 767,386 640,521 610,262 558,516
Avg Debt 1,367 0 0 17,096 44,959
Avg Interest-bearing Liabs 784,676 767,386 640,521 627,358 603,475
Avg Noninterest-bearing Deposits 306,175 290,653 221,953 187,368 152,085
Avg Total Deposits 1,089,484 1,058,039 862,474 797,630 710,601
Avg Preferred Equity 0 0 0 0 0
Avg Common Equity 174,997 161,085 117,142 103,818 92,324
Avg Equity 174,997 161,085 117,142 103,818 92,324
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