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 6/30/2018 USD 2018 Q2 YTD 6/30/2018 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 6/30/2018 USD 2018 Q2 YTD 6/30/2018 USD

Assets

Cash and cash equivalents 45,574 68,195 62,646 87,537 52,673
Investment securities available for sale 90,320 96,704 101,595 137,466 157,792
Loans, less allowance for loan losses 366,787 396,833 456,580 482,248 511,977
Real estate acquired through foreclosure 3,590 1,756 735 1,344 953
Premises and equipment, net 11,642 12,234 11,768 11,346 13,800
Bank owned life insurance 11,845 12,187 12,528 12,866 12,693
Accrued interest receivable and other assets 9,104 11,377 12,123 12,620 14,830
Total assets 538,862 599,286 657,975 745,427 764,718

Liabilities and Shareholders' Equity

Deposits

Non-interest bearing 180,649 209,044 236,779 282,239 288,068
Interest bearing 287,242 318,232 345,574 380,418 390,998
Total deposits 467,891 527,276 582,353 662,657 679,066
Repurchase agreements 9,626 7,671 7,547 10,074 8,724
Note payable 1,000 4,875 2,375 NA NA
Subordinated debenture 7,454,000 NA NA NA NA
Accrued interest payable and other liabilities 6,084 6,658 7,396 6,686 7,121
Junior subordinated deferrable interest debentures 10,310 10,310 10,310 10,310 10,310
Total liabilities 502,365 556,790 609,981 689,727 705,221

Shareholders' equity

Serial preferred stock 0 0 0 NA NA
Common stock, no par value 6,312 6,475 5,918 6,415 6,776
Retained earnings 30,245 36,063 43,048 49,855 55,660
Accumulated other comprehensive loss, net (60) (42) (972) (570) (2,939)
Total shareholders' equity 36,497 42,496 47,994 55,700 59,497
Total liabilities and shareholders' equity 538,862 599,286 657,975 745,427 764,718
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.