As Reported Financial Statements

As Reported Financials

Source Document Currency Code (in thousands) 2015 Y 9/30/2016 USD 2016 Y 9/30/2017 USD 2017 Y 9/30/2018 USD 2018 Y 3/31/2019 USD 2019 Q2 YTD 3/31/2019 USD
Source Document Currency Code 2015 Y 9/30/2016 USD 2016 Y 9/30/2017 USD 2017 Y 9/30/2018 USD 2018 Y 3/31/2019 USD 2019 Q2 YTD 3/31/2019 USD

ASSETS

Cash and due from depository institutions 16,026 1,297 1,615 1,563 1,370
Interest bearing deposits in depository institutions 24,237 95,465 115,521 29,271 109,450
Cash and Cash Equivalents 40,263 96,762 117,136 30,834 110,820
Investment securities available for sale, at fair value 128,354 66,387 14,587 24,298 19,371
Investment securities held to maturity 57,221 40,551 34,915 30,092 26,789
Restricted stock, at cost 4,765 5,424 5,559 8,537 8,952
Loans receivable, net of allowance for loan losses 391,307 574,160 834,331 902,136 997,114

Other real estate owned

(As Restated) 1,168 NA NA NA NA
Other real estate owned NA NA NA 0 5,796
Accrued interest receivable 2,484 2,558 3,139 3,800 4,344
Property and equipment, net 6,535 6,637 7,507 7,181 6,948
Deferred income taxes 2,874 8,827 6,671 3,195 3,434
Bank-owned life insurance 17,905 18,418 18,923 19,403 19,643
Other assets 2,814 1,548 3,244 4,475 7,029
Total Assets 655,690 821,272 1,046,012 1,033,951 1,210,240

LIABILITIES AND SHAREHOLDERS' EQUITY

Liabilities

Deposits
Deposits-noninterest-bearing 27,010 34,547 42,121 41,677 42,937
Deposits-interest-bearing 438,512 567,499 748,275 732,486 899,437
Total Deposits 465,522 602,046 790,396 774,163 942,374
FHLB advances 103,000 118,000 118,000 118,000 98,000
Other short-term borrowings NA 0 5,000 2,500 0
Subordinated debt NA 0 24,303 24,461 24,540
Advances from borrowers for taxes and insurance 1,806 1,659 1,553 1,305 2,244
Accrued interest payable 396 427 694 784 859
Other liabilities 2,217 2,983 3,546 1,915 4,655
Total Liabilities 572,941 725,115 943,492 923,128 1,072,672
Commitments and Contingencies 0 0 0 0 0

Shareholders' Equity

Preferred stock 0 0 0 0 0
Common stock 66 66 66 66 78
Additional paid-in-capital 60,365 60,461 60,736 61,099 84,559
Retained earnings 25,172 37,322 43,139 50,412 54,389
Unearned Employee Stock Ownership Plan (ESOP) shares (1,775) (1,629) (1,483) (1,338) (1,265)
Accumulated other comprehensive (loss) income (1,079) (63) 62 584 (190)
Treasury stock, at cost NA NA NA 0 (3)
Total Shareholders' Equity 82,749 96,157 102,520 110,823 137,568
Total Liabilities and Shareholders' Equity 655,690 821,272 1,046,012 1,033,951 1,210,240
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.