As Reported Financial Statements

As Reported Financials

Source Document Currency Code (in thousands) 2013 Y 12/31/2014 USD 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 3/31/2017 USD 2017 Q1 YTD 3/31/2017 USD
Source Document Currency Code 2013 Y 12/31/2014 USD 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 3/31/2017 USD 2017 Q1 YTD 3/31/2017 USD

ASSETS

Cash and cash equivalents

Cash and due from banks 28,907 13,403 14,302 14,846 16,338
Interest bearing balances with banks 10,936 16,674 14,831 2,494 1,940
Total cash and cash equivalents 39,843 30,077 29,133 17,340 18,278
Certificates of deposit with other banks 9,427 11,907 13,150 14,527 14,527

Investment Securities

Securities available-for-sale 106,411 68,213 70,256 162,368 172,754
Securities held-to-maturity 56,670 54,538 52,859 NA NA
Loans held for sale 90,060 69,527 102,623 90,174 71,921
Loans 622,305 798,297 1,032,170 1,052,865 1,076,782
Less - Allowance for loan losses (4,935) (6,223) (8,006) (9,101) (9,372)
Net Loans 617,370 792,074 1,024,164 1,043,764 1,067,410
Premises and equipment 16,919 25,472 26,275 25,081 26,079
Bank owned life insurance 16,062 21,679 22,332 22,970 23,167
Accrued interest receivable and other assets 16,519 19,193 25,204 24,100 21,335
Goodwill 17,779 17,779 18,480 18,480 18,480
TOTAL ASSETS 987,060 1,110,459 1,384,476 1,418,804 1,433,951

LIABILITIES AND STOCKHOLDERS' EQUITY

Deposits

Noninterest bearing 63,336 67,066 80,423 115,692 119,271
Interest bearing 632,475 756,161 931,891 991,325 1,017,195
Total deposits 695,811 823,227 1,012,314 1,107,017 1,136,466
Accrued interest payable and other liabilities 6,878 10,310 13,291 16,557 12,930
Repurchase agreements 81,578 32,673 27,437 25,160 21,695
FHLB and other borrowings 104,647 101,287 183,198 90,921 90,611
Subordinated debt 4,124 33,524 33,524 33,524 33,524
Total liabilities 893,038 1,001,021 1,269,764 1,273,179 1,295,226

STOCKHOLDERS' EQUITY

Preferred stock 8,500 16,334 16,334 16,334 7,834
Common stock 7,706 8,034 8,113 10,048 10,048
Additional paid-in capital 68,518 74,342 74,228 93,412 93,560
Retained earnings 13,343 14,454 20,054 31,192 32,387
Accumulated other comprehensive loss (2,961) (2,642) (2,933) (4,277) (4,020)
Treasury stock (1,084) (1,084) (1,084) (1,084) (1,084)
Total stockholders' equity 94,022 109,438 114,712 145,625 138,725
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 987,060 1,110,459 1,384,476 1,418,804 1,433,951
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.
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