As Reported Financial Statements

As Reported Financials

Source Document Currency Code (in units) 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 12/31/2018 USD 2018 Y 12/31/2018 USD
Source Document Currency Code 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 12/31/2018 USD 2018 Y 12/31/2018 USD

ASSETS

Cash and cash equivalents 68,195,000 62,646,000 87,537,000 46,686,000
Investment securities available for sale 96,704,000 101,595,000 137,466,000 171,507,000
Loans, less allowance for loan losses 396,833,000 456,580,000 482,248,000 562,498,000
Real estate acquired through foreclosure 1,756,000 735,000 1,344,000 1,170,000
Premises and equipment, net 12,234,000 11,768,000 11,346,000 14,287,000
Bank owned life insurance 12,187,000 12,528,000 12,866,000 12,856,000
Accrued interest receivable and other assets 11,377,000 12,123,000 12,620,000 15,394,000
Total assets 599,286,000 657,975,000 745,427,000 824,398,000

LIABILITIES AND SHAREHOLDERS' EQUITY

Deposits

Non-interest bearing 209,044,000 236,779,000 282,239,000 304,039,000
Interest bearing 318,232,000 345,574,000 380,418,000 422,526,000
Total deposits 527,276,000 582,353,000 662,657,000 726,565,000
Repurchase agreements 7,671,000 7,547,000 10,074,000 13,058,000
Note payable 4,875,000 2,375,000 NA NA
Accrued interest payable and other liabilities 6,658,000 7,396,000 6,686,000 7,533,000
Junior subordinated deferrable interest debentures 10,310,000 10,310,000 10,310,000 10,310,000
Total liabilities 556,790,000 609,981,000 689,727,000 757,466,000

Shareholders' equity

Serial preferred stock 0 0 0 0
Common stock - no par value 6,475,000 5,918,000 6,415,000 6,944,000
Retained earnings 36,063,000 43,048,000 49,855,000 62,005,000
Accumulated other comprehensive loss, net of taxes (42,000) (972,000) (570,000) (2,017,000)
Total shareholders' equity 42,496,000 47,994,000 55,700,000 66,932,000
Total liabilities and shareholders' equity 599,286,000 657,975,000 745,427,000 824,398,000
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.