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 12/31/2016 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 12/31/2016 USD

ASSETS

Cash and cash equivalents

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

Investment Securities

Securities available-for-sale 106,411 68,213 70,256 162,368
Securities held-to-maturity 56,670 54,538 52,859 0
Loans held for sale 90,060 69,527 102,623 90,174
Loans 622,305 798,297 1,032,170 1,052,865
Less - Allowance for loan losses (4,935) (6,223) (8,006) (9,101)
Net Loans 617,370 792,074 1,024,164 1,043,764
Premises and equipment 16,919 25,472 26,275 25,081
Bank owned life insurance 16,062 21,679 22,332 22,970
Accrued interest receivable and other assets 16,519 19,193 25,204 24,100
Goodwill 17,779 17,779 18,480 18,480
TOTAL ASSETS 987,060 1,110,459 1,384,476 1,418,804

LIABILITIES AND STOCKHOLDERS' EQUITY

Deposits

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

STOCKHOLDERS' EQUITY

Preferred stock 8,500 16,334 16,334 16,334
Common stock 7,706 8,034 8,113 10,048
Additional paid-in capital 68,518 74,342 74,228 93,412
Retained earnings 13,343 14,454 20,054 31,192
Accumulated other comprehensive loss (2,961) (2,642) (2,933) (4,277)
Treasury Stock (1,084) (1,084) (1,084) (1,084)
Total stockholders' equity 94,022 109,438 114,712 145,625
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 987,060 1,110,459 1,384,476 1,418,804
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.
Copyright 2017, © S&P Global Market Intelligence  Terms of Use