Balance Sheet

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Financial Highlights
2019 FY
12/31/2019
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 21,922 25,835 38,851 42,052 26,546
Fed Funds Sold 260 266 321 1,198 1,502
Deposits at Financial Institutions 2,375 2,175 1,830 5,029 4,874
Securities Purchased, to Resell 0 0 0 0 0
Other Cash & Cash Equivalents 0 0 0 0 0
Cash and Cash Equivalents 24,557 28,276 41,002 48,279 32,922
Trading Account Securities 0 0 0 5,592 5,531
Available for Sale Securities 265,330 315,369 318,177 273,770 264,212
Held to Maturity Securities 0 0 0 0 0
Other Securities 7,034 7,034 7,034 7,034 7,034
Total Cash & Securities 296,921 350,679 366,213 334,675 309,699
Gross Loans Held for Investment 744,313 686,144 648,535 656,007 624,121
Loan Loss Reserve 8,460 8,127 7,720 7,541 6,521
Loans Held for Sale, before Reserves 2,144 1,203 1,231 724 624
Total Net Loans 737,997 679,220 642,046 649,190 618,224
Real Estate Owned and Held for Investment 2,148 830 2,404 1,824 2,347
Goodwill 14,001 14,001 14,001 14,001 14,001
Core Deposit Intangibles 136 238 369 529 773
Other Intangibles 0 0 0 0 0
Intangible Assets other than Goodwill 136 238 369 529 773
Total Intangible Assets 14,137 14,239 14,370 14,530 14,774
Loan Servicing Rights 1,573 1,536 1,511 1,321 1,277
Credit Card Rights 0 0 0 0 0
Other Loan Servicing Rights 0 0 0 0 0
Total Servicing Rights 1,573 1,536 1,511 1,321 1,277
Fixed Assets 27,624 17,349 16,539 15,750 16,597
Interest Receivable 4,166 4,150 3,951 3,715 3,681
Prepaid Expense 2,159 1,365 NA NA NA
Bank-owned Life Insurance 18,165 10,198 0 0 0
Other Assets 5,900 6,446 6,159 7,442 8,085
Total Other Assets 58,014 39,508 26,649 26,907 28,363
Total Assets 1,110,790 1,086,012 1,053,193 1,028,447 974,684
Memo: Consolidated VIE Assets 0 0 0 0 0
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 842,653 850,442 815,273 802,981 758,981
FHLB Borrowings 116,418 100,452 98,732 92,500 87,833
Senior Debt 130,762 111,247 121,953 117,463 111,141
Trust Preferred (FAS 150) 7,217 7,217 7,217 7,217 7,217
Total Subordinated Debt 7,217 7,217 7,217 7,217 7,217
Redeemable Financial Instruments (FAS 150) 0 0 0 0 0
Total Debt 137,979 118,464 129,170 124,680 118,358
Total Other Liabilities 10,895 10,313 8,421 7,814 7,932
Total Liabilities 991,527 979,219 952,864 935,475 885,271
Memo: Consolidated VIE Liabilities 0 0 0 0 0
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 119,263 106,793 100,329 92,972 89,413
Equity Attributable to Parent Company 119,263 106,793 100,329 92,972 89,413
Noncontrolling Interests 0 0 0 0 0
Total Equity 119,263 106,793 100,329 92,972 89,413
Net Unrealized Gain 867 (3,478) (997) (956) 359
Tot Acc Other Comprehensive Inc 913 (3,478) (997) (956) 359
Balance Sheet Analysis (%)
Gross Loans HFI/ Total Assets 67.01 63.18 61.58 63.79 64.03
Loans/ Deposits 88.33 80.68 79.55 81.70 82.23
Loan Loss Reserves/ Gross Loans 1.13 1.18 1.19 1.15 1.04
Reserves/ Loans Held For Investment 1.14 1.18 1.19 1.15 1.04
One Year Gap/ Assets NA NA NA NA NA
1-4 Loans Serviced for Others($000) 227,241 216,541 217,477 206,825 196,200
Level 1 Assets($000) 292 284 340 1,948 1,961
Level 2 Assets($000) 265,593 315,369 317,837 277,414 267,782
Level 3 Assets($000) 3,068 1,669 2,616 6,230 2,416
Level 1 Liabilities($000) 0 0 0 0 0
Level 2 Liabilities($000) 0 0 0 0 0
Level 3 Liabilities($000) 0 0 0 0 0
FTE Employees(actual) 233 232 233 241 243
Annualized Growth Rates (%)
Asset Growth 2.28 3.12 2.41 5.52 13.97
Gross Loans HFI Growth 8.48 5.80 (1.14) 5.11 15.94
Deposit Growth (0.92) 4.31 1.53 5.80 15.90
Average Balances ($000)
Avg Gross Loans HFI 710,740 667,925 652,365 647,274 569,612
Avg Loans HFS 2,644 2,036 1,350 1,673 1,220
Average Loans, Gross of Reserves 707,559 668,141 650,233 646,167 574,141
Avg Securities NA NA 307,746 275,876 256,831
Avg Other Int Earn Assets NA NA 25,151 21,489 14,651
Avg Secs & Other Int Earn Assets 313,277 329,035 332,897 297,365 271,482
Avg Interest Earning Assets 1,020,836 997,176 983,130 943,532 845,623
Avg Assets 1,094,681 1,059,183 1,034,726 1,000,292 901,643
Avg CDs 201,111 182,967 197,914 202,924 196,409
Avg Other Interest-bearing Deposits 405,035 407,498 386,310 363,193 303,821
Avg Interest-bearing Deposits 606,146 590,465 584,224 566,117 500,230
Avg Debt 119,104 122,183 131,124 129,662 116,952
Avg Interest-bearing Liabs 725,250 712,648 715,348 695,779 617,182
Avg Noninterest-bearing Deposits 240,284 232,479 213,921 201,395 194,538
Avg Total Deposits 846,430 822,944 798,145 767,512 694,768
Avg Preferred Equity 0 0 0 0 0
Avg Common Equity 114,138 100,579 98,042 94,161 83,726
Avg Equity 114,138 100,579 98,042 94,161 83,726
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