Balance Sheet

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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 25,063 25,835 38,851 42,052 26,546
Fed Funds Sold 227 266 321 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 27,665 28,276 41,002 48,279 32,922
Trading Account Securities 0 0 0 5,592 5,531
Available for Sale Securities 246,542 315,369 318,177 273,770 264,212
Held to Maturity Securities 0 0 0 0 0
Other Securities 7,034 7,034 7,034 7,034 7,034
Total Cash & Securities 281,241 350,679 366,213 334,675 309,699
Gross Loans Held for Investment 732,267 686,144 648,535 656,007 624,121
Loan Loss Reserve 8,266 8,127 7,720 7,541 6,521
Loans Held for Sale, before Reserves 5,232 1,203 1,231 724 624
Total Net Loans 729,233 679,220 642,046 649,190 618,224
Real Estate Owned and Held for Investment 925 830 2,404 1,824 2,347
Goodwill 14,001 14,001 14,001 14,001 14,001
Core Deposit Intangibles 157 238 369 529 773
Other Intangibles 0 0 0 0 0
Intangible Assets other than Goodwill 157 238 369 529 773
Total Intangible Assets 14,158 14,239 14,370 14,530 14,774
Loan Servicing Rights 1,410 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 1,410 1,536 1,511 1,321 1,277
Fixed Assets 26,770 17,349 16,539 15,750 16,597
Interest Receivable 4,028 4,150 3,951 3,715 3,681
Prepaid Expense 1,945 1,365 NA NA NA
Bank-owned Life Insurance 18,020 10,198 0 0 0
Other Assets 5,285 6,446 6,159 7,442 8,085
Total Other Assets 56,048 39,508 26,649 26,907 28,363
Total Assets 1,083,015 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 829,201 850,442 815,273 802,981 758,981
FHLB Borrowings 100,677 100,452 98,732 92,500 87,833
Senior Debt 117,223 111,247 121,953 117,463 111,141
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 124,440 118,464 129,170 124,680 118,358
Total Other Liabilities 12,198 10,313 8,421 7,814 7,932
Total Liabilities 965,839 979,219 952,864 935,475 885,271
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 117,176 106,793 100,329 92,972 89,413
Equity Attributable to Parent Company 117,176 106,793 100,329 92,972 89,413
Noncontrolling Interests 0 0 0 0 0
Total Equity 117,176 106,793 100,329 92,972 89,413
Net Unrealized Gain 1,361 (3,478) (997) (956) 359
Tot Acc Other Comprehensive Inc 1,361 (3,478) (997) (956) 359
Balance Sheet Analysis (%)
Gross Loans HFI/ Total Assets 67.61 63.18 61.58 63.79 64.03
Loans/ Deposits 88.31 80.68 79.55 81.70 82.23
Loan Loss Reserves/ Gross Loans 1.12 1.18 1.19 1.15 1.04
Reserves/ Loans Held For Investment 1.13 1.18 1.19 1.15 1.04
One Year Gap/ Assets NA NA NA NA NA
1-4 Loans Serviced for Others($000) 219,490 216,541 217,477 206,825 196,200
Level 1 Assets($000) 293 284 340 1,948 1,961
Level 2 Assets($000) 246,832 315,369 317,837 277,414 267,782
Level 3 Assets($000) 2,374 1,669 2,616 6,230 2,416
Level 1 Liabilities($000) 0 0 0 0 0
Level 2 Liabilities($000) 287 0 0 0 0
Level 3 Liabilities($000) 0 0 0 0 0
FTE Employees(actual) 234 232 233 241 243
Annualized Growth Rates (%)
Asset Growth (0.37) 3.12 2.41 5.52 13.97
Gross Loans HFI Growth 8.96 5.80 (1.14) 5.11 15.94
Deposit Growth (3.33) 4.31 1.53 5.80 15.90
Average Balances ($000)
Avg Gross Loans HFI 701,557 667,925 652,365 647,274 569,612
Avg Loans HFS 2,296 2,036 1,350 1,673 1,220
Average Loans, Gross of Reserves 701,505 668,141 650,233 646,167 574,141
Avg Securities NA 304,373 307,746 275,876 256,831
Avg Other Int Earn Assets NA 17,357 25,151 21,489 14,651
Avg Secs & Other Int Earn Assets 285,209 321,730 332,897 297,365 271,482
Avg Interest Earning Assets 986,714 989,871 983,130 943,532 845,623
Avg Assets 1,084,995 1,051,878 1,034,726 1,000,292 901,643
Avg CDs NA 182,967 197,914 202,924 196,409
Avg Other Interest-bearing Deposits NA 407,498 386,310 363,193 303,821
Avg Interest-bearing Deposits NA 590,465 584,224 566,117 500,230
Avg Debt NA 122,183 131,124 129,662 116,952
Avg Interest-bearing Liabs NA 712,648 715,348 695,779 617,182
Avg Noninterest-bearing Deposits NA 232,479 213,921 201,395 194,538
Avg Total Deposits 838,943 822,944 798,145 767,512 694,768
Avg Preferred Equity 0 0 0 0 0
Avg Common Equity 113,280 100,579 98,042 94,161 83,726
Avg Equity 113,280 100,579 98,042 94,161 83,726
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