Balance Sheet

Financial Highlights
2019 FQ3 YTD
9/30/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
2015 FY
12/31/2015
Assets ($000)
Cash and Due from Banks 4,031 1,552 1,588 2,039 1,474
Fed Funds Sold 0 0 0 0 0
Deposits at Financial Institutions 12,529 8,383 8,758 5,610 5,363
Securities Purchased, to Resell 0 0 0 0 0
Other Cash & Cash Equivalents 0 0 0 0 0
Cash and Cash Equivalents 16,560 9,935 10,346 7,649 6,837
Trading Account Securities 0 0 0 0 0
Available for Sale Securities 15,129 19,796 20,297 23,728 28,101
Held to Maturity Securities 0 0 0 0 0
Other Securities 2,633 2,436 2,436 1,329 1,323
Total Cash & Securities 34,322 32,167 33,078 32,706 36,261
Gross Loans Held for Investment 247,178 247,995 243,603 234,926 220,202
Loan Loss Reserve 2,808 3,040 2,745 2,277 2,193
Loans Held for Sale, before Reserves 242 133 2,877 346 1,668
Total Net Loans 244,612 245,088 243,736 232,996 219,677
Real Estate Owned and Held for Investment 0 16 39 2,503 808
Goodwill 0 0 0 0 0
Core Deposit Intangibles 0 0 0 0 0
Other Intangibles 0 0 0 0 0
Intangible Assets other than Goodwill 0 0 0 0 0
Total Intangible Assets 0 0 0 0 0
Loan Servicing Rights 623 801 731 719 646
Credit Card Rights 0 0 0 0 0
Other Loan Servicing Rights 0 0 0 0 0
Total Servicing Rights 623 801 731 719 646
Fixed Assets 8,582 8,898 9,128 6,112 3,583
Interest Receivable 967 1,128 1,104 1,037 1,080
Prepaid Expense NA NA NA NA NA
Bank-owned Life Insurance 6,196 7,136 6,960 6,783 5,279
Other Assets 4,140 4,917 4,638 4,249 3,688
Total Other Assets 19,885 22,079 21,829 18,180 13,631
Total Assets 299,442 300,151 299,414 287,104 271,023
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 217,882 217,914 226,981 224,898 215,278
FHLB Borrowings 48,500 50,500 41,500 32,000 27,000
Senior Debt 48,500 50,500 41,500 32,000 27,000
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 48,500 50,500 41,500 32,000 27,000
Total Other Liabilities 1,719 1,576 1,904 2,004 1,340
Total Liabilities 268,101 269,990 270,384 258,902 243,618
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 31,341 30,161 29,029 28,202 27,404
Equity Attributable to Parent Company 31,341 30,161 29,029 28,202 27,404
Noncontrolling Interests 0 0 0 0 0
Total Equity 31,341 30,161 29,029 28,202 27,404
Net Unrealized Gain (91) (584) (288) (345) (158)
Tot Acc Other Comprehensive Inc (91) (584) (288) (345) (158)
Balance Sheet Analysis (%)
Gross Loans HFI/ Total Assets 82.55 82.62 81.36 81.83 81.25
Loans/ Deposits 113.45 113.80 107.32 104.46 102.29
Loan Loss Reserves/ Gross Loans 1.13 1.23 1.11 0.97 0.99
Reserves/ Loans Held For Investment 1.14 1.23 1.13 0.97 1
One Year Gap/ Assets NA NA NA NA NA
1-4 Loans Serviced for Others($000) NA NA 71,626 69,605 67,652
Level 1 Assets($000) NA 0 0 0 0
Level 2 Assets($000) NA 19,796 20,297 23,728 28,101
Level 3 Assets($000) NA 1,462 1,492 5,471 2,503
Level 1 Liabilities($000) NA NA NA 0 0
Level 2 Liabilities($000) NA NA NA 0 0
Level 3 Liabilities($000) NA NA NA 0 0
FTE Employees(actual) 78 80 79 75 70
Annualized Growth Rates (%)
Asset Growth (0.31) 0.25 4.29 5.93 4.50
Gross Loans HFI Growth (0.44) 1.80 3.69 6.69 13.42
Deposit Growth (0.02) (3.99) 0.93 4.47 5.67
Average Balances ($000)
Avg Gross Loans HFI 246,483 249,565 238,304 229,281 209,924
Avg Loans HFS 63 1,008 635 881 858
Average Loans, Gross of Reserves 245,176 247,549 236,507 228,328 208,602
Avg Securities NA 21,094 22,106 25,023 36,099
Avg Other Int Earn Assets NA 13,273 10,523 9,970 9,824
Avg Secs & Other Int Earn Assets 31,076 34,367 32,629 34,993 45,923
Avg Interest Earning Assets 276,252 281,916 269,136 263,321 254,525
Avg Assets 298,900 305,973 293,944 281,558 268,874
Avg CDs NA 109,107 103,651 107,484 101,386
Avg Other Interest-bearing Deposits NA 92,711 97,020 91,851 88,077
Avg Interest-bearing Deposits NA 201,818 200,671 199,335 189,463
Avg Debt NA 48,872 38,175 30,418 29,340
Avg Interest-bearing Liabs NA 250,690 238,846 229,753 218,803
Avg Noninterest-bearing Deposits NA 24,425 24,302 21,757 18,661
Avg Total Deposits 218,099 226,243 224,973 221,092 208,124
Avg Preferred Equity 0 0 0 0 0
Avg Common Equity 30,880 29,276 28,796 28,666 29,937
Avg Equity 30,880 29,276 28,796 28,666 29,937
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