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Balance Sheet

Financial Highlights
2020 FQ3 YTD
9/30/2020
2019 FY
12/31/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
Assets ($000)
Cash and Due from Banks 18,689 16,976 18,292 14,642 13,828
Fed Funds Sold 0 0 0 0 0
Deposits at Financial Institutions 56,795 11,708 15,927 7,316 7,244
Securities Purchased, to Resell 0 0 0 0 0
Other Cash & Cash Equivalents 0 0 0 0 0
Cash and Cash Equivalents 75,484 28,684 34,219 21,958 21,072
Trading Account Securities 0 0 0 0 0
Available for Sale Securities 233,653 186,969 206,726 204,834 216,121
Held to Maturity Securities 23,026 35,733 42,108 46,146 46,608
Other Securities 9,218 9,198 8,143 9,638 8,633
Total Cash & Securities 341,381 260,584 291,196 282,576 292,434
Gross Loans Held for Investment 1,204,855 1,090,851 1,031,990 986,351 888,263
Loan Loss Reserve 12,484 8,585 9,139 9,169 9,693
Loans Held for Sale, before Reserves 1,151 501 146 0 0
Total Net Loans 1,193,522 1,082,767 1,022,997 977,182 878,570
Real Estate Owned and Held for Investment 4,416 4,527 1,099 2,791 4,427
Goodwill 0 0 0 0 0
Core Deposit Intangibles 0 0 0 0 898
Other Intangibles 0 0 0 0 0
Intangible Assets other than Goodwill 0 0 0 0 898
Total Intangible Assets 0 0 0 0 898
Loan Servicing Rights 0 0 0 0 0
Credit Card Rights 0 0 0 0 0
Other Loan Servicing Rights 0 0 0 0 0
Total Servicing Rights 0 0 0 0 0
Fixed Assets 35,552 37,533 32,740 30,198 28,357
Interest Receivable 5,972 4,530 4,841 4,821 4,029
Prepaid Expense NA NA 1,219 936 741
Bank-owned Life Insurance 29,858 29,340 28,834 28,099 27,339
Other Assets 11,536 11,559 10,224 9,587 13,021
Total Other Assets 82,918 82,962 77,858 73,641 73,487
Total Assets 1,622,237 1,430,840 1,393,150 1,336,190 1,249,816
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 1,369,342 1,163,448 1,164,975 1,095,764 1,037,294
FHLB Borrowings 68,000 68,500 59,447 101,429 81,887
Senior Debt 74,967 99,674 78,887 106,278 88,271
Trust Preferred (FAS 150) 4,124 4,124 4,124 4,124 4,124
Total Subordinated Debt 4,124 4,124 4,124 4,124 4,124
Redeemable Financial Instruments (FAS 150) 0 0 0 0 0
Total Debt 79,091 103,798 83,011 110,402 92,395
Total Other Liabilities 8,014 8,115 7,703 6,021 5,591
Total Liabilities 1,456,447 1,275,361 1,255,689 1,212,187 1,135,280
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 165,790 155,479 137,461 124,003 114,536
Equity Attributable to Parent Company 165,790 155,479 137,461 124,003 114,536
Noncontrolling Interests 0 0 0 0 0
Total Equity 165,790 155,479 137,461 124,003 114,536
Net Unrealized Gain 6,980 2,887 (618) 954 (410)
Tot Acc Other Comprehensive Inc 5,559 1,965 (1,279) 43 (1,223)
Balance Sheet Analysis (%)
Gross Loans HFI/ Total Assets 74.27 76.24 74.08 73.82 71.07
Loans/ Deposits 87.99 93.76 88.58 90.01 85.63
Loan Loss Reserves/ Gross Loans 1.04 0.79 0.89 0.93 1.09
Reserves/ Loans Held For Investment 1.04 0.79 0.89 0.93 1.09
One Year Gap/ Assets NA NA NA NA NA
1-4 Loans Serviced for Others($000) 0 0 0 0 0
Level 1 Assets($000) 15,129 11,253 9,797 332 14,352
Level 2 Assets($000) 219,675 176,217 197,328 207,188 207,345
Level 3 Assets($000) 9,246 9,136 11,694 8,197 8,387
Level 1 Liabilities($000) 0 0 0 0 0
Level 2 Liabilities($000) 683 44 0 0 70
Level 3 Liabilities($000) 0 0 0 0 0
FTE Employees(actual) 245 243 255 264 232
Annualized Growth Rates (%)
Asset Growth 17.83 2.71 4.26 6.91 5.87
Gross Loans HFI Growth 13.93 5.70 4.63 11.04 9.98
Deposit Growth 23.60 (0.13) 6.32 5.64 9.71
Average Balances ($000)
Avg Gross Loans HFI 1,150,725 1,056,208 1,002,249 918,241 842,629
Avg Loans HFS 1,231 340 18 0 963
Average Loans, Gross of Reserves 1,156,919 1,059,429 1,001,619 918,241 842,423
Avg Securities 240,227 243,979 253,827 266,781 260,878
Avg Other Int Earn Assets 46,779 16,665 14,237 15,712 17,949
Avg Secs & Other Int Earn Assets 287,006 260,644 268,064 282,493 278,827
Avg Interest Earning Assets 1,443,925 1,320,073 1,269,683 1,200,734 1,121,250
Avg Assets 1,540,958 1,412,842 1,353,106 1,281,207 1,197,062
Avg CDs 629,598 627,913 581,619 574,630 530,531
Avg Other Interest-bearing Deposits 427,726 379,693 387,178 355,769 322,070
Avg Interest-bearing Deposits 1,057,324 1,007,606 968,797 930,399 852,601
Avg Debt 72,301 70,095 93,822 86,683 111,488
Avg Interest-bearing Liabs 1,129,625 1,077,701 1,062,619 1,017,082 964,089
Avg Noninterest-bearing Deposits 237,198 174,163 155,003 136,674 116,215
Avg Total Deposits 1,294,522 1,181,769 1,123,800 1,067,073 968,816
Avg Preferred Equity 0 0 0 0 0
Avg Common Equity 160,286 147,743 129,265 121,901 111,215
Avg Equity 160,286 147,743 129,265 121,901 111,215
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