Balance Sheet

Financial Highlights
2019 FQ3 YTD
9/30/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
2015 FY
12/31/2015
Assets ($000)
Cash and Due from Banks NA 8,734 8,903 11,715 11,934
Fed Funds Sold NA 3,074 4,737 0 3,315
Deposits at Financial Institutions NA 1,556 886 881 881
Securities Purchased, to Resell NA 0 0 0 0
Other Cash & Cash Equivalents NA 3,387 3,963 2,077 1,605
Cash and Cash Equivalents NA 16,751 18,489 14,673 17,735
Trading Account Securities 0 0 0 0 0
Available for Sale Securities NA 25,834 26,496 31,831 45,143
Held to Maturity Securities 0 0 0 0 0
Other Securities NA 2,285 1,800 964 437
Total Cash & Securities NA 44,870 46,785 47,468 63,315
Gross Loans Held for Investment 281,443 269,534 252,451 214,055 160,883
Loan Loss Reserve 1,498 1,323 1,134 890 580
Loans Held for Sale, before Reserves 0 0 0 0 0
Total Net Loans 279,945 268,211 251,317 213,165 160,303
Real Estate Owned and Held for Investment NA 0 0 0 0
Goodwill 0 0 0 0 0
Core Deposit Intangibles 0 0 0 0 0
Other Intangibles 0 0 0 0 0
Intangible Assets other than Goodwill 0 0 0 0 0
Total Intangible Assets 0 0 0 0 0
Loan Servicing Rights 0 0 0 0 0
Credit Card Rights 0 0 0 0 0
Other Loan Servicing Rights 0 0 0 0 0
Total Servicing Rights 0 0 0 0 0
Fixed Assets NA 2,645 1,993 1,248 1,226
Interest Receivable NA 778 702 572 440
Prepaid Expense NA NA NA NA NA
Bank-owned Life Insurance NA 6,303 6,090 5,874 5,230
Other Assets NA 1,147 639 319 195
Total Other Assets NA 10,873 9,424 8,013 7,091
Total Assets 340,813 323,954 307,526 268,646 230,709
Memo: Consolidated VIE Assets NA NA NA NA NA
Memo: Covered Loans 0 0 0 0 0
Memo: Covered OREO 0 0 0 0 0
Memo: Covered Securities 0 0 0 0 0
Memo: Covered Assets 0 0 0 0 0
Liabilities ($000)
Total Deposits 270,134 244,056 232,921 214,766 184,527
FHLB Borrowings NA 34,000 29,000 10,000 0
Senior Debt 30,000 34,000 29,000 10,000 0
Trust Preferred (FAS 150) 0 0 0 0 0
Total Subordinated Debt 0 0 0 0 0
Redeemable Financial Instruments (FAS 150) 0 0 0 0 0
Total Debt 30,000 34,000 29,000 10,000 0
Total Other Liabilities 32 683 612 576 637
Total Liabilities 300,166 278,739 262,533 225,342 185,164
Memo: Consolidated VIE Liabilities NA NA NA NA NA
Mezzanine ($000)
Redeemable Preferred 0 0 0 0 0
Trust Preferred Securities 0 0 0 0 0
Total Minority Interest 0 0 0 0 0
Other Mezzanine Items 0 0 0 0 0
Total Mezzanine Level Items 0 0 0 0 0
Equity ($000)
TARP Preferred Equity 0 0 0 0 0
Other Preferred Equity 0 0 0 0 0
Total Preferred Equity 0 0 0 0 0
Common Equity 40,647 45,215 44,993 43,304 45,545
Equity Attributable to Parent Company 40,647 45,215 44,993 43,304 45,545
Noncontrolling Interests 0 0 0 0 0
Total Equity 40,647 45,215 44,993 43,304 45,545
Net Unrealized Gain NA (388) 209 696 1,146
Tot Acc Other Comprehensive Inc NA (388) 209 696 1,146
Balance Sheet Analysis (%)
Gross Loans HFI/ Total Assets 82.58 83.20 82.09 79.68 69.73
Loans/ Deposits 104.19 110.44 108.38 99.67 87.19
Loan Loss Reserves/ Gross Loans 0.53 0.49 0.45 0.42 0.36
Reserves/ Loans Held For Investment 0.53 0.49 0.45 0.42 0.36
One Year Gap/ Assets NA NA NA NA 0
1-4 Loans Serviced for Others($000) NA NA NA NA 0
Level 1 Assets($000) NA 3,591 5,548 9,562 18,301
Level 2 Assets($000) NA 22,243 20,948 22,269 26,842
Level 3 Assets($000) NA 0 0 0 0
Level 1 Liabilities($000) NA 0 0 0 0
Level 2 Liabilities($000) NA 0 0 0 0
Level 3 Liabilities($000) NA 0 0 0 0
FTE Employees(actual) 29 28 27 27 26
Annualized Growth Rates (%)
Asset Growth 6.94 5.34 14.47 16.44 8.14
Gross Loans HFI Growth 5.89 6.77 17.94 33.05 19.68
Deposit Growth 14.25 4.78 8.45 16.39 10.45
Average Balances ($000)
Avg Gross Loans HFI 271,772 257,566 228,656 186,169 142,717
Avg Loans HFS 0 0 0 0 0
Average Loans, Gross of Reserves 271,772 257,566 228,656 186,169 142,717
Avg Securities NA 26,299 30,622 36,976 44,714
Avg Other Int Earn Assets NA 20,828 20,285 20,905 23,236
Avg Secs & Other Int Earn Assets 43,862 47,127 50,907 57,881 67,950
Avg Interest Earning Assets 315,633 304,693 279,563 244,050 210,667
Avg Assets 333,062 315,493 288,992 252,320 234,422
Avg CDs NA 126,989 120,372 106,624 77,231
Avg Other Interest-bearing Deposits NA 89,600 85,399 82,441 80,606
Avg Interest-bearing Deposits NA 216,589 205,771 189,065 157,837
Avg Debt NA 36,247 21,129 2,363 0
Avg Interest-bearing Liabs NA 252,836 226,900 191,428 157,837
Avg Noninterest-bearing Deposits NA 17,565 17,147 16,280 13,604
Avg Total Deposits 257,417 234,154 222,918 205,345 171,441
Avg Preferred Equity 0 0 0 0 0
Avg Common Equity 42,165 44,941 44,514 44,016 62,225
Avg Equity 42,165 44,941 44,514 44,016 62,225
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