Balance Sheet

Financial Highlights
3/31/2017
3/31/2018
6/30/2018
9/30/2018
Assets ($000)
Cash and Due from Banks 1,716 1,566 1,447 1,563
Fed Funds Sold 0 0 0 0
Deposits at Financial Institutions 64,036 120,144 45,934 29,271
Securities Purchased, to Resell 0 0 0 0
Other Cash & Cash Equivalents 0 0 0 0
Cash and Cash Equivalents 65,752 121,710 47,381 30,834
Trading Account Securities 0 0 0 0
Available for Sale Securities 61,672 44,341 34,348 24,298
Held to Maturity Securities 37,060 33,052 31,004 30,092
Other Securities 5,397 8,583 8,781 8,537
Total Cash & Securities 169,881 207,686 121,514 93,761
Gross Loans Held for Investment 759,889 845,779 902,379 911,157
Loan Loss Reserve 7,181 8,465 9,024 9,021
Loans Held for Sale, before Reserves 0 0 0 0
Total Net Loans 752,708 837,314 893,355 902,136
Real Estate Owned and Held for Investment 0 0 0 0
Goodwill 0 0 0 0
Core Deposit Intangibles 0 0 0 0
Other Intangibles 0 0 0 0
Intangible Assets other than Goodwill 0 0 0 0
Total Intangible Assets 0 0 0 0
Loan Servicing Rights 297 244 233 223
Credit Card Rights 0 0 0 0
Other Loan Servicing Rights 0 0 0 0
Total Servicing Rights 297 244 233 223
Fixed Assets 6,896 7,357 7,240 7,181
Interest Receivable 3,177 3,583 3,571 3,800
Prepaid Expense 460 NA 447 NA
Bank-owned Life Insurance 18,673 19,163 19,282 19,403
Other Assets 9,723 7,969 7,933 7,447
Total Other Assets 38,929 38,072 38,473 37,831
Total Assets 961,815 1,083,316 1,053,575 1,033,951
Memo: Consolidated VIE Assets 0 NA 0 NA
Memo: Covered Loans 0 0 0 0
Memo: Covered OREO 0 0 0 0
Memo: Covered Securities 0 0 0 0
Memo: Covered Assets 0 0 0 0
Liabilities ($000)
Total Deposits 704,272 825,569 787,932 774,163
FHLB Borrowings 118,000 118,000 123,000 118,000
Senior Debt 128,000 120,500 125,500 120,500
Trust Preferred (FAS 150) 0 0 0 0
Total Subordinated Debt 25,000 24,382 24,421 24,461
Redeemable Financial Instruments (FAS 150) 0 0 0 0
Total Debt 153,000 144,882 149,921 144,961
Total Other Liabilities 5,949 7,503 7,749 4,004
Total Liabilities 863,221 977,954 945,602 923,128
Memo: Consolidated VIE Liabilities 0 NA 0 NA
Mezzanine ($000)
Redeemable Preferred 0 0 0 0
Trust Preferred Securities 0 0 0 0
Total Minority Interest 0 0 0 0
Other Mezzanine Items 0 0 0 0
Total Mezzanine Level Items 0 0 0 0
Equity ($000)
TARP Preferred Equity 0 0 0 0
Other Preferred Equity 0 0 0 0
Total Preferred Equity 0 0 0 0
Common Equity 98,594 105,362 107,973 110,823
Equity Attributable to Parent Company 98,594 105,362 107,973 110,823
Noncontrolling Interests 0 0 0 0
Total Equity 98,594 105,362 107,973 110,823
Net Unrealized Gain (232) (374) (363) (400)
Tot Acc Other Comprehensive Inc 83 285 526 584
Balance Sheet Analysis (%)
Gross Loans HFI/ Total Assets 79.01 78.07 85.65 88.12
Loans/ Deposits 107.90 102.45 114.52 117.70
Loan Loss Reserves/ Gross Loans 0.95 1 1 0.99
Reserves/ Loans Held For Investment 0.95 1 1 0.99
One Year Gap/ Assets NA NA NA 8.83
1-4 Loans Serviced for Others($000) NA NA 0 29,300
Level 1 Assets($000) 250 29,942 19,954 9,986
Level 2 Assets($000) 61,900 15,124 15,269 15,307
Level 3 Assets($000) 146 10,120 16,787 15,861
Level 1 Liabilities($000) 0 NA 0 NA
Level 2 Liabilities($000) 0 NA 0 NA
Level 3 Liabilities($000) 0 NA 0 NA
FTE Employees(actual) 81 86 87 85
Annualized Growth Rates (%)
Asset Growth 37.69 9.90 (10.98) (1.15)
Gross Loans HFI Growth 50.57 15 26.77 8.12
Deposit Growth 27.72 14.29 (18.24) (2.05)
Average Balances ($000)
Avg Gross Loans HFI 717,376 827,483 864,348 856,066
Avg Loans HFS 0 0 0 0
Average Loans, Gross of Reserves 717,376 827,483 864,348 856,066
Avg Securities 107,496 85,033 84,244 76,844
Avg Other Int Earn Assets 55,643 111,793 73,404 89,304
Avg Secs & Other Int Earn Assets 163,139 196,826 157,648 166,148
Avg Interest Earning Assets 880,515 1,024,309 1,021,996 1,022,214
Avg Assets 914,781 1,054,144 1,052,421 1,052,950
Avg CDs 261,582 256,019 235,004 247,029
Avg Other Interest-bearing Deposits 372,632 498,801 511,337 502,893
Avg Interest-bearing Deposits 634,214 754,820 746,341 749,922
Avg Debt 138,111 147,305 145,075 146,245
Avg Interest-bearing Liabs 772,325 902,125 891,416 896,167
Avg Noninterest-bearing Deposits 38,565 40,034 45,124 42,821
Avg Total Deposits 672,779 794,854 791,465 792,743
Avg Preferred Equity 0 0 0 0
Avg Common Equity 98,113 104,702 106,809 106,239
Avg Equity 98,113 104,702 106,809 106,239
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