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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 23,056 18,292 14,642 13,828 7,393
Fed Funds Sold 0 0 0 0 0
Deposits at Financial Institutions 13,742 15,927 7,316 7,244 9,576
Securities Purchased, to Resell 0 0 0 0 0
Other Cash & Cash Equivalents 0 0 0 0 0
Cash and Cash Equivalents 36,798 34,219 21,958 21,072 16,969
Trading Account Securities 0 0 0 0 0
Available for Sale Securities 190,159 206,726 204,834 216,121 243,270
Held to Maturity Securities 38,213 42,108 46,146 46,608 36,478
Other Securities 9,272 8,143 9,638 8,633 8,766
Total Cash & Securities 274,442 291,196 282,576 292,434 305,483
Gross Loans Held for Investment 1,068,480 1,031,990 986,351 888,263 807,679
Loan Loss Reserve 8,549 9,139 9,169 9,693 10,043
Loans Held for Sale, before Reserves 0 146 0 0 2,101
Total Net Loans 1,059,931 1,022,997 977,182 878,570 799,737
Real Estate Owned and Held for Investment 4,740 1,099 2,791 4,427 5,490
Goodwill 0 0 0 0 0
Core Deposit Intangibles 0 0 0 898 2,805
Other Intangibles 0 0 0 0 0
Intangible Assets other than Goodwill 0 0 0 898 2,805
Total Intangible Assets 0 0 0 898 2,805
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 38,011 32,740 30,198 28,357 27,488
Interest Receivable 5,201 4,841 4,821 4,029 4,243
Prepaid Expense 1,218 1,219 936 741 937
Bank-owned Life Insurance 29,161 28,834 28,099 27,339 21,620
Other Assets 9,977 10,224 9,587 13,021 12,754
Total Other Assets 83,568 77,858 73,641 73,487 67,042
Total Assets 1,422,681 1,393,150 1,336,190 1,249,816 1,180,557
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 1,177,241 1,164,975 1,095,764 1,037,294 945,519
FHLB Borrowings 73,667 59,447 101,429 81,887 95,656
Senior Debt 80,705 78,887 106,278 88,271 120,252
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 84,829 83,011 110,402 92,395 124,376
Total Other Liabilities 7,973 7,703 6,021 5,591 6,175
Total Liabilities 1,270,043 1,255,689 1,212,187 1,135,280 1,076,070
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 152,638 137,461 124,003 114,536 104,487
Equity Attributable to Parent Company 152,638 137,461 124,003 114,536 104,487
Noncontrolling Interests 0 0 0 0 0
Total Equity 152,638 137,461 124,003 114,536 104,487
Net Unrealized Gain 3,707 (618) 954 (410) 443
Tot Acc Other Comprehensive Inc 2,737 (1,279) 43 (1,223) (589)
Balance Sheet Analysis (%)
Gross Loans HFI/ Total Assets 75.10 74.08 73.82 71.07 68.42
Loans/ Deposits 90.76 88.58 90.01 85.63 85.42
Loan Loss Reserves/ Gross Loans 0.80 0.89 0.93 1.09 1.24
Reserves/ Loans Held For Investment 0.80 0.89 0.93 1.09 1.24
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) 0 9,797 332 14,352 40,435
Level 2 Assets($000) 190,174 197,328 207,188 207,345 206,949
Level 3 Assets($000) 9,471 11,694 8,197 8,387 12,324
Level 1 Liabilities($000) 0 0 0 0 0
Level 2 Liabilities($000) 157 0 0 70 199
Level 3 Liabilities($000) 0 0 0 0 0
FTE Employees(actual) 248 255 264 232 236
Annualized Growth Rates (%)
Asset Growth 2.83 4.26 6.91 5.87 2.15
Gross Loans HFI Growth 4.71 4.63 11.04 9.98 11.02
Deposit Growth 1.40 6.32 5.64 9.71 2.89
Average Balances ($000)
Avg Gross Loans HFI 1,048,389 1,002,249 918,241 842,629 752,088
Avg Loans HFS 369 18 0 963 2,831
Average Loans, Gross of Reserves 1,052,362 1,001,619 918,241 842,423 751,015
Avg Securities 249,010 253,827 266,781 260,878 297,169
Avg Other Int Earn Assets 16,642 14,237 15,712 17,949 16,403
Avg Secs & Other Int Earn Assets 265,652 268,064 282,493 278,827 313,572
Avg Interest Earning Assets 1,318,014 1,269,683 1,200,734 1,121,250 1,064,587
Avg Assets 1,409,310 1,353,106 1,281,207 1,197,062 1,149,796
Avg CDs 634,434 581,619 574,630 530,531 523,726
Avg Other Interest-bearing Deposits 377,203 387,178 355,769 322,070 312,834
Avg Interest-bearing Deposits 1,011,637 968,797 930,399 852,601 836,560
Avg Debt 68,758 93,822 86,683 111,488 106,160
Avg Interest-bearing Liabs 1,080,395 1,062,619 1,017,082 964,089 942,720
Avg Noninterest-bearing Deposits 170,919 155,003 136,674 116,215 94,476
Avg Total Deposits 1,182,556 1,123,800 1,067,073 968,816 931,036
Avg Preferred Equity 0 0 0 0 0
Avg Common Equity 145,187 129,265 121,901 111,215 108,110
Avg Equity 145,187 129,265 121,901 111,215 108,110
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