Investor Relations

As Reported Financial Statements

As Reported Financials

Source Document Currency Code (in thousands) 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 12/31/2017 USD
Source Document Currency Code 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 12/31/2017 USD

Assets

Cash and due from banks 8,775 11,695 34,923 22,799
Interest bearing transaction accounts with other banks 2,274 456 3,086 14,290
Federal funds sold 4,393 3,701 5,309 4,368
Cash and cash equivalents 15,442 15,852 43,318 41,457
Certificates of deposit with other banks 2,250 2,000 2,500 13,500
Securities available-for-sale 29,525 14,885 25,543 21,440
Other investments, at cost 1,341 1,276 1,319 1,271
Loans, net of allowance for loan losses 303,457 365,035 413,633 543,980
Premises and equipment, net 7,220 8,814 10,211 12,215
Bank owned life insurance 6,097 6,226 6,390 6,543
Assets acquired in settlement of loans 7,615 5,275 4,902 4,923
Interest receivable 2,915 3,133 3,755 4,728
Deferred income taxes 1,205 1,274 1,530 1,664
Goodwill 737 737 737 737
Other assets 1,722 1,983 1,676 1,275
Total assets 379,526 426,490 515,514 653,733

Liabilities and Shareholders' Equity

Deposits

Noninterest bearing 30,473 45,515 69,878 89,688
Interest bearing 275,112 304,746 360,449 480,310
Total deposits 305,585 350,261 430,327 569,998
Federal Home Loan Bank advances 22,000 22,000 22,000 19,000
Other borrowings NA NA 0 550
Junior subordinated debentures 8,247 8,247 8,247 8,247
Interest payable 82 98 111 208
Other liabilities 3,230 3,138 4,140 5,097
Total liabilities 339,144 383,744 464,825 603,100

Shareholders' equity

Preferred stock - Series A 1,298 1,298 1,298 1,298
Preferred stock - Series T-3 7,895 3,895 NA NA
Common stock - no par value 19,470 20,996 32,058 32,650
Retained earnings 11,338 16,310 17,528 16,921
Accumulated other comprehensive loss 381 247 (195) (236)
Total shareholders' equity 40,382 42,746 50,689 50,633
Total liabilities and shareholders' equity 379,526 426,490 515,514 653,733
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.