As Reported Financials

As Reported Financials

Source Document Currency Code (in thousands) 2015 Y 3/31/2016 USD 2016 Y 3/31/2017 USD 2017 Y 3/31/2018 USD 2018 Y 6/30/2018 USD 2019 Q1 YTD 6/30/2018 USD
Source Document Currency Code 2015 Y 3/31/2016 USD 2016 Y 3/31/2017 USD 2017 Y 3/31/2018 USD 2018 Y 6/30/2018 USD 2019 Q1 YTD 6/30/2018 USD

CONSOLIDATED BALANCE SHEETS

ASSETS

Cash and cash equivalents 58,659 55,400 64,613 44,767 33,268
Certificates of deposit held for investment 25,969 16,769 11,042 5,967 4,971
Loans held for sale 778 503 478 210 0
Investment securities
Available for sale, at estimated fair value 112,463 150,690 200,214 213,221 200,100
Held to maturity, at amortized cost 86 75 64 42 40
Loans receivable 569,010 614,934 768,904 800,610 815,237
Real estate owned ("REO") 1,603 595 298 298 0
Prepaid expenses and other assets 3,238 3,405 3,815 3,870 3,759
Accrued interest receivable 2,139 2,384 2,941 3,477 3,578
Federal Home Loan Bank stock, at cost 5,924 1,060 1,181 1,353 1,353
Premises and equipment, net 15,434 14,595 16,232 15,783 15,674
Deferred income taxes, net 12,568 9,189 7,610 4,813 5,039
Mortgage servicing rights, net 399 380 398 388 380
Goodwill 25,572 25,572 27,076 27,076 27,076
Core deposit intangible ("CDI"), net NA 0 1,335 1,103 1,057
Bank owned life insurance ("BOLI") 24,908 25,678 27,738 28,557 28,736
TOTAL ASSETS 858,750 921,229 1,133,939 1,151,535 1,140,268

LIABILITIES AND SHAREHOLDERS' EQUITY

LIABILITIES
Deposits 720,850 779,803 980,058 995,691 982,350
Accrued expenses and other liabilities 8,111 7,388 13,080 9,391 8,579
Advanced payments by borrowers for taxes and insurance 495 609 693 637 580
Junior subordinated debentures 22,681 22,681 26,390 26,484 26,507
Capital lease obligation 2,276 2,475 2,454 2,431 2,424
Total liabilities 754,413 812,956 1,022,675 1,034,634 1,020,440
SHAREHOLDERS' EQUITY
Serial preferred stock 0 0 0 0 0
Common stock 225 225 225 226 226
Additional paid-in capital 65,268 64,418 64,468 64,871 64,882
Retained earnings 37,830 42,728 48,335 56,552 60,204
Unearned shares issued to employee stock ownership plan ("ESOP") (284) (181) (77) NA NA
Accumulated other comprehensive loss 762 1,083 (1,687) (4,748) (5,484)
Total shareholders' equity 103,801 108,273 111,264 116,901 119,828
Noncontrolling interest 536 NA NA NA NA
Total equity 104,337 NA NA NA NA
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 858,750 921,229 1,133,939 1,151,535 1,140,268
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.