Balance Sheet

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Financial Highlights
2020 FQ1 YTD
3/31/2020
2019 FY
12/31/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
Assets ($000)
Cash and Due from Banks 37,474 21,922 25,835 38,851 42,052
Fed Funds Sold 292 260 266 321 1,198
Deposits at Financial Institutions 2,375 2,375 2,175 1,830 5,029
Securities Purchased, to Resell 0 0 0 0 0
Other Cash & Cash Equivalents 0 0 0 0 0
Cash and Cash Equivalents 40,141 24,557 28,276 41,002 48,279
Trading Account Securities 0 0 0 0 5,592
Available for Sale Securities 247,187 265,330 315,369 318,177 273,770
Held to Maturity Securities 0 0 0 0 0
Other Securities 7,034 7,034 7,034 7,034 7,034
Total Cash & Securities 294,362 296,921 350,679 366,213 334,675
Gross Loans Held for Investment 778,327 744,313 686,144 648,535 656,007
Loan Loss Reserve 9,916 8,460 8,127 7,720 7,541
Loans Held for Sale, before Reserves 4,990 2,144 1,203 1,231 724
Total Net Loans 773,401 737,997 679,220 642,046 649,190
Real Estate Owned and Held for Investment 2,110 2,148 830 2,404 1,824
Goodwill 14,001 14,001 14,001 14,001 14,001
Core Deposit Intangibles 114 136 238 369 529
Other Intangibles 0 0 0 0 0
Intangible Assets other than Goodwill 114 136 238 369 529
Total Intangible Assets 14,115 14,137 14,239 14,370 14,530
Loan Servicing Rights 1,504 1,573 1,536 1,511 1,321
Credit Card Rights 0 0 0 0 0
Other Loan Servicing Rights 0 0 0 0 0
Total Servicing Rights 1,504 1,573 1,536 1,511 1,321
Fixed Assets 28,021 27,624 17,349 16,539 15,750
Interest Receivable 4,010 4,166 4,150 3,951 3,715
Prepaid Expense 1,573 2,159 1,365 NA NA
Bank-owned Life Insurance 18,308 18,165 10,198 0 0
Other Assets 5,974 5,900 6,446 6,159 7,442
Total Other Assets 57,886 58,014 39,508 26,649 26,907
Total Assets 1,143,378 1,110,790 1,086,012 1,053,193 1,028,447
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 853,217 842,653 850,442 815,273 802,981
FHLB Borrowings 138,925 116,418 100,452 98,732 92,500
Senior Debt 152,545 130,762 111,247 121,953 117,463
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 159,762 137,979 118,464 129,170 124,680
Total Other Liabilities 12,612 10,895 10,313 8,421 7,814
Total Liabilities 1,025,591 991,527 979,219 952,864 935,475
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 117,787 119,263 106,793 100,329 92,972
Equity Attributable to Parent Company 117,787 119,263 106,793 100,329 92,972
Noncontrolling Interests 0 0 0 0 0
Total Equity 117,787 119,263 106,793 100,329 92,972
Net Unrealized Gain 1,057 867 (3,478) (997) (956)
Tot Acc Other Comprehensive Inc (1,568) 913 (3,478) (997) (956)
Balance Sheet Analysis (%)
Gross Loans HFI/ Total Assets 68.07 67.01 63.18 61.58 63.79
Loans/ Deposits 91.22 88.33 80.68 79.55 81.70
Loan Loss Reserves/ Gross Loans 1.27 1.13 1.18 1.19 1.15
Reserves/ Loans Held For Investment 1.27 1.14 1.18 1.19 1.15
One Year Gap/ Assets NA NA NA NA NA
1-4 Loans Serviced for Others($000) 232,903 227,241 216,541 217,477 206,825
Level 1 Assets($000) 296 292 284 340 1,948
Level 2 Assets($000) 247,424 265,424 315,369 317,837 277,414
Level 3 Assets($000) 2,851 3,068 1,669 2,616 6,230
Level 1 Liabilities($000) 0 0 0 0 0
Level 2 Liabilities($000) 3,525 212 0 0 0
Level 3 Liabilities($000) 0 0 0 0 0
FTE Employees(actual) 235 233 232 233 241
Annualized Growth Rates (%)
Asset Growth 11.74 2.28 3.12 2.41 5.52
Gross Loans HFI Growth 18.28 8.48 5.80 (1.14) 5.11
Deposit Growth 5.01 (0.92) 4.31 1.53 5.80
Average Balances ($000)
Avg Gross Loans HFI 761,320 710,740 667,925 652,365 647,274
Avg Loans HFS 3,567 2,644 2,036 1,350 1,673
Average Loans, Gross of Reserves 762,389 707,559 668,141 650,233 646,167
Avg Securities NA NA NA 307,746 275,876
Avg Other Int Earn Assets NA NA NA 25,151 21,489
Avg Secs & Other Int Earn Assets 295,642 313,277 329,035 332,897 297,365
Avg Interest Earning Assets 1,058,031 1,020,836 997,176 983,130 943,532
Avg Assets 1,127,084 1,094,681 1,059,183 1,034,726 1,000,292
Avg CDs NA 201,111 182,967 197,914 202,924
Avg Other Interest-bearing Deposits NA 405,035 407,498 386,310 363,193
Avg Interest-bearing Deposits NA 606,146 590,465 584,224 566,117
Avg Debt NA 119,104 122,183 131,124 129,662
Avg Interest-bearing Liabs NA 725,250 712,648 715,348 695,779
Avg Noninterest-bearing Deposits NA 240,284 232,479 213,921 201,395
Avg Total Deposits 847,935 846,430 822,944 798,145 767,512
Avg Preferred Equity 0 0 0 0 0
Avg Common Equity 118,525 114,138 100,579 98,042 94,161
Avg Equity 118,525 114,138 100,579 98,042 94,161
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