As Reported Financial Statements

As Reported Financials

Document Name As Of Date Currency Code (in thousands) 2015 Y 10-K 12/31/2015 USD 2016 Y 10-K 12/31/2016 USD 2017 Y 10-K 12/31/2017 USD 2018 Y 10-Q 12/31/2018 USD 2019 Q1 YTD 10-Q 3/31/2019 USD
Document Name As Of Date Currency Code 2015 Y 10-K 12/31/2015 USD 2016 Y 10-K 12/31/2016 USD 2017 Y 10-K 12/31/2017 USD 2018 Y 10-Q 12/31/2018 USD 2019 Q1 YTD 10-Q 3/31/2019 USD

ASSETS

Cash and due from banks 11,934 11,715 8,903 8,734 12,203
Money market funds 1,605 2,077 3,963 3,387 1,883
Federal funds sold 3,315 0 4,737 3,074 4,072
Cash and cash equivalents 16,854 13,792 17,603 15,195 18,158
Interest-bearing time deposits with other banks NA NA 0 675 675

Investments

Available-for-sale securities, at fair value 45,143 31,831 26,496 25,834 23,751
Equity securities, at fair value NA NA NA 0 2,731
Total Investments NA NA NA 25,834 26,482
Federal Home Loan Bank stock, at cost 437 964 1,800 2,285 1,776
Loans, net of allowance 160,303 213,165 251,317 268,211 267,270
Premises and equipment, net 1,226 1,248 1,993 2,645 2,614
Co-operative Central Bank deposit 881 881 886 881 881
Bank-owned life insurance 5,230 5,874 6,090 6,303 6,343
Accrued interest receivable 440 572 702 778 888
Deferred tax asset, net 0 120 364 266 158
Other assets 195 199 275 881 743
Total assets 230,709 268,646 307,526 323,954 325,988

LIABILITIES AND STOCKHOLDERS' EQUITY

Deposits

Noninterest-bearing 13,400 17,586 16,180 17,475 17,428
Interest-bearing 171,127 197,180 216,741 226,581 237,383
Total deposits 184,527 214,766 232,921 244,056 254,811
Deferred tax liability, net 78 NA NA NA NA
Federal Home Loan Bank advances 0 10,000 29,000 34,000 28,000
Other liabilities 559 576 612 683 669
Total liabilities 185,164 225,342 262,533 278,739 283,480

Stockholders' equity

Common stock 28 26 26 26 24
Additional paid-in capital 25,994 23,292 23,496 23,153 20,701
Retained earnings 20,490 21,912 23,674 24,627 23,980
Unearned compensation - ESOP (2,113) (2,037) (1,961) (1,886) (1,867)
Unearned compensation - restricted stock 0 (585) (451) (317) (283)
Accumulated other comprehensive loss 1,146 696 209 (388) (47)
Total stockholders' equity 45,545 43,304 44,993 45,215 42,508
Total liabilities and stockholders' equity 230,709 268,646 307,526 323,954 325,988
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.