Balance Sheet

Financial Highlights
3/31/2017
12/31/2017
3/31/2018
6/30/2018
Assets ($000)
Cash and Due from Banks 9,354 8,903 11,512 10,536
Fed Funds Sold 3,867 4,737 4,459 3,865
Deposits at Financial Institutions 886 886 891 891
Securities Purchased, to Resell 0 0 0 0
Other Cash & Cash Equivalents 2,464 3,963 3,184 3,072
Cash and Cash Equivalents 16,571 18,489 20,046 18,364
Trading Account Securities 0 0 0 0
Available for Sale Securities 30,950 26,496 26,945 26,953
Held to Maturity Securities 0 0 0 0
Other Securities 1,099 1,800 2,200 2,285
Total Cash & Securities 48,620 46,785 49,191 47,602
Gross Loans Held for Investment 220,200 252,451 252,865 263,422
Loan Loss Reserve 870 1,134 1,175 1,307
Loans Held for Sale, before Reserves 0 0 0 0
Total Net Loans 219,330 251,317 251,690 262,115
Real Estate Owned and Held for Investment 0 0 NA NA
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 1,993 2,645 2,664
Interest Receivable 614 702 743 803
Prepaid Expense NA NA NA NA
Bank-owned Life Insurance 5,910 6,090 6,132 6,169
Other Assets 396 639 704 761
Total Other Assets 8,150 9,424 10,224 10,397
Total Assets 276,100 307,526 311,105 320,114
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 218,554 232,921 227,069 235,972
FHLB Borrowings 13,000 29,000 39,000 39,000
Senior Debt 13,000 29,000 39,000 39,000
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 29,000 39,000 39,000
Total Other Liabilities 697 612 600 419
Total Liabilities 232,251 262,533 266,669 275,391
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 44,993 44,436 44,723
Equity Attributable to Parent Company 43,849 44,993 44,436 44,723
Noncontrolling Interests 0 0 0 0
Total Equity 43,849 44,993 44,436 44,723
Net Unrealized Gain 606 209 (58) (179)
Tot Acc Other Comprehensive Inc 606 209 (58) (179)
Balance Sheet Analysis (%)
Gross Loans HFI/ Total Assets 79.75 82.09 81.28 82.29
Loans/ Deposits 100.75 108.38 111.36 111.63
Loan Loss Reserves/ Gross Loans 0.40 0.45 0.46 0.50
Reserves/ Loans Held For Investment 0.40 0.45 0.46 0.50
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 5,548 4,293 4,117
Level 2 Assets($000) 21,998 20,948 22,652 22,836
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 27 29
Annualized Growth Rates (%)
Asset Growth 11.10 14.47 4.66 11.58
Gross Loans HFI Growth 11.48 17.94 0.66 16.70
Deposit Growth 7.06 8.45 (10.05) 15.68
Average Balances ($000)
Avg Gross Loans HFI 214,946 228,656 250,895 256,374
Avg Loans HFS 0 0 0 0
Average Loans, Gross of Reserves 214,946 228,656 250,895 256,374
Avg Securities 31,388 30,622 26,541 27,097
Avg Other Int Earn Assets 17,075 20,285 18,259 19,646
Avg Secs & Other Int Earn Assets 48,463 50,907 44,800 46,743
Avg Interest Earning Assets 263,409 279,563 295,695 303,117
Avg Assets 272,284 288,992 305,572 314,576
Avg CDs 115,791 120,372 121,184 125,994
Avg Other Interest-bearing Deposits 82,030 85,399 90,118 87,552
Avg Interest-bearing Deposits 197,821 205,771 211,302 213,546
Avg Debt 12,600 21,129 33,494 39,000
Avg Interest-bearing Liabs 210,421 226,900 244,796 252,546
Avg Noninterest-bearing Deposits 17,565 17,147 15,698 17,265
Avg Total Deposits 215,386 222,918 227,000 230,811
Avg Preferred Equity 0 0 0 0
Avg Common Equity 43,795 44,514 44,811 44,765
Avg Equity 43,795 44,514 44,811 44,765
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