As Reported Financials

As Reported Financials

Source Document Currency Code (in thousands) 2016 Y 3/31/2017 USD 2017 Y 3/31/2018 USD 2018 Y 3/31/2019 USD 2019 Y 6/30/2019 USD 2020 Q1 YTD 6/30/2019 USD
Source Document Currency Code 2016 Y 3/31/2017 USD 2017 Y 3/31/2018 USD 2018 Y 3/31/2019 USD 2019 Y 6/30/2019 USD 2020 Q1 YTD 6/30/2019 USD

ASSETS

Cash and cash equivalents 55,400 64,613 44,767 22,950 24,112
Certificates of deposit held for investment 16,769 11,042 5,967 747 747
Loans held for sale 503 478 210 909 0

Investment securities

Available for sale, at estimated fair value 150,690 200,214 213,221 178,226 170,762
Held to maturity, at amortized cost 75 64 42 35 33
Loans receivable 614,934 768,904 800,610 864,659 876,535
Real estate owned ("REO") 595 298 298 NA NA
Prepaid expenses and other assets 3,405 3,815 3,870 4,596 8,705
Accrued interest receivable 2,384 2,941 3,477 3,919 3,989
Federal Home Loan Bank stock (“FHLB”), at cost 1,060 1,181 1,353 3,644 3,658
Premises and equipment, net 14,595 16,232 15,783 15,458 15,453
Deferred income taxes, net 9,189 7,610 4,813 4,195 3,520
Mortgage servicing rights, net 380 398 388 296 280
Goodwill 25,572 27,076 27,076 27,076 27,076
Core deposit intangible (“CDI”), net 0 1,335 1,103 920 880
Bank owned life insurance (“BOLI”) 25,678 27,738 28,557 29,291 29,484
TOTAL ASSETS 921,229 1,133,939 1,151,535 1,156,921 1,165,234

LIABILITIES AND SHAREHOLDERS' EQUITY

LIABILITIES

Deposits 779,803 980,058 995,691 925,068 922,274
Accrued expenses and other liabilities 7,388 13,080 9,391 12,536 17,675
Advanced payments by borrowers for taxes and insurance 609 693 637 631 689
FHLB advances NA NA 0 56,586 56,941
Junior subordinated debentures 22,681 26,390 26,484 26,575 26,597
Finance lease liability 2,475 2,454 2,431 2,403 2,395
Total liabilities 812,956 1,022,675 1,034,634 1,023,799 1,026,571

SHAREHOLDERS' EQUITY

Serial preferred stock 0 0 0 0 0
Common stock 225 225 226 226 226
Additional paid-in capital 64,418 64,468 64,871 65,094 65,326
Retained earnings 42,728 48,335 56,552 70,428 73,602
Unearned shares issued to employee stock ownership plan ("ESOP") (181) (77) NA NA NA
Accumulated other comprehensive loss 1,083 (1,687) (4,748) (2,626) (491)
Total shareholders' equity 108,273 111,264 116,901 133,122 138,663
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 921,229 1,133,939 1,151,535 1,156,921 1,165,234
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.