Balance Sheet

Financial Highlights
3/31/2017
3/31/2018
6/30/2018
12/31/2018
Assets ($000)
Cash and Due from Banks 9,354 11,512 10,536 8,734
Fed Funds Sold 3,867 4,459 3,865 3,074
Deposits at Financial Institutions 886 891 891 1,556
Securities Purchased, to Resell 0 0 0 0
Other Cash & Cash Equivalents 2,464 3,184 3,072 3,387
Cash and Cash Equivalents 16,571 20,046 18,364 16,751
Trading Account Securities 0 0 0 0
Available for Sale Securities 30,950 26,945 26,953 25,834
Held to Maturity Securities 0 0 0 0
Other Securities 1,099 2,200 2,285 2,285
Total Cash & Securities 48,620 49,191 47,602 44,870
Gross Loans Held for Investment 220,200 252,865 263,422 269,534
Loan Loss Reserve 870 1,175 1,307 1,323
Loans Held for Sale, before Reserves 0 0 0 0
Total Net Loans 219,330 251,690 262,115 268,211
Real Estate Owned and Held for Investment 0 NA NA 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 0 0 0 0
Credit Card Rights 0 0 0 0
Other Loan Servicing Rights 0 0 0 0
Total Servicing Rights 0 0 0 0
Fixed Assets 1,230 2,645 2,664 2,645
Interest Receivable 614 743 803 778
Prepaid Expense NA NA NA NA
Bank-owned Life Insurance 5,910 6,132 6,169 6,303
Other Assets 396 704 761 1,147
Total Other Assets 8,150 10,224 10,397 10,873
Total Assets 276,100 311,105 320,114 323,954
Memo: Consolidated VIE Assets NA NA NA 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 218,554 227,069 235,972 244,056
FHLB Borrowings 13,000 39,000 39,000 34,000
Senior Debt 13,000 39,000 39,000 34,000
Trust Preferred (FAS 150) 0 0 0 0
Total Subordinated Debt 0 0 0 0
Redeemable Financial Instruments (FAS 150) 0 0 0 0
Total Debt 13,000 39,000 39,000 34,000
Total Other Liabilities 697 600 419 683
Total Liabilities 232,251 266,669 275,391 278,739
Memo: Consolidated VIE Liabilities NA NA NA 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 43,849 44,436 44,723 45,215
Equity Attributable to Parent Company 43,849 44,436 44,723 45,215
Noncontrolling Interests 0 0 0 0
Total Equity 43,849 44,436 44,723 45,215
Net Unrealized Gain 606 (58) (179) (388)
Tot Acc Other Comprehensive Inc 606 (58) (179) (388)
Balance Sheet Analysis (%)
Gross Loans HFI/ Total Assets 79.75 81.28 82.29 83.20
Loans/ Deposits 100.75 111.36 111.63 110.44
Loan Loss Reserves/ Gross Loans 0.40 0.46 0.50 0.49
Reserves/ Loans Held For Investment 0.40 0.46 0.50 0.49
One Year Gap/ Assets NA NA NA NA
1-4 Loans Serviced for Others($000) NA NA NA NA
Level 1 Assets($000) 8,952 4,293 4,117 3,591
Level 2 Assets($000) 21,998 22,652 22,836 22,243
Level 3 Assets($000) 0 0 0 0
Level 1 Liabilities($000) 0 0 0 0
Level 2 Liabilities($000) 0 0 0 0
Level 3 Liabilities($000) 0 0 0 0
FTE Employees(actual) 30 27 29 28
Annualized Growth Rates (%)
Asset Growth 11.10 4.66 11.58 5.34
Gross Loans HFI Growth 11.48 0.66 16.70 6.77
Deposit Growth 7.06 (10.05) 15.68 4.78
Average Balances ($000)
Avg Gross Loans HFI 214,946 250,895 256,374 257,566
Avg Loans HFS 0 0 0 0
Average Loans, Gross of Reserves 214,946 250,895 256,374 257,566
Avg Securities 31,388 26,541 27,097 26,299
Avg Other Int Earn Assets 17,075 18,259 19,646 20,828
Avg Secs & Other Int Earn Assets 48,463 44,800 46,743 47,127
Avg Interest Earning Assets 263,409 295,695 303,117 304,693
Avg Assets 272,284 305,572 314,576 315,493
Avg CDs 115,791 121,184 125,994 126,989
Avg Other Interest-bearing Deposits 82,030 90,118 87,552 89,600
Avg Interest-bearing Deposits 197,821 211,302 213,546 216,589
Avg Debt 12,600 33,494 39,000 36,247
Avg Interest-bearing Liabs 210,421 244,796 252,546 252,836
Avg Noninterest-bearing Deposits 17,565 15,698 17,265 17,565
Avg Total Deposits 215,386 227,000 230,811 234,154
Avg Preferred Equity 0 0 0 0
Avg Common Equity 43,795 44,811 44,765 44,941
Avg Equity 43,795 44,811 44,765 44,941
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