As Reported Financial Statements

As Reported Financials

2019 Q3 YTD 2018 Y 2017 Y 2016 Y 2015 Y
2019 Q3 YTD 2018 Y 2017 Y 2016 Y 2015 Y

ASSETS

Cash and due from banks NA NA 471 NA NA
Interest earning deposits NA NA 42,606 NA NA
Cash and cash equivalents 61,676 30,562 43,077 42,993 33,154
Securities available-for-sale, at fair value 139,165 145,698 128,758 92,645 84,239
Securities, restricted, at cost 2,665 2,583 2,183 1,649 1,430
Loans 533,949 468,101 348,978 278,578 224,519
Less - allowance for loan losses (6,741) (5,629) (4,264) (3,413) (2,799)
Loans, net 527,208 462,472 344,714 275,165 221,720
Premises and equipment, net 2,872 2,694 2,546 2,767 329
Accrued interest receivable 3,159 3,855 2,836 1,541 1,418
Deferred tax asset NA NA 2,241 3,108 NA
Other assets 22,993 16,035 7,202 4,965 6,013
Total assets 759,738 663,899 533,557 424,833 352,650
Total cash and cash equivalents NA NA NA NA 33,154

LIABILITIES AND STOCKHOLDERS' EQUITY

Deposits

Demand 225,740 212,721 190,847 124,990 97,291
Savings, NOW and money market 398,812 335,283 230,715 221,843 194,496
Time 19,959 20,417 26,932 23,955 9,900
Total deposits 644,511 568,421 448,494 370,788 301,687
Secured borrowings 87 89 278 371 381
Accrued expenses and other liabilities 8,237 2,615 1,402 1,488 1,157
Total liabilities 652,835 571,125 450,174 372,647 303,225

Stockholders' equity

Preferred stock 0 0 0 1 2
Common stock 75 75 73 50 49
Additional paid-in capital 89,398 88,539 86,660 58,845 58,456
Retained earnings 17,044 6,774 (1,960) (5,826) NA
Accumulated other comprehensive gain (loss) 386 (2,614) (1,390) (884) (434)
Total stockholders' equity 106,903 92,774 83,383 52,186 49,425
Retained deficit NA NA NA NA (8,648)
Total liabilities and stockholders' equity 759,738 663,899 533,557 424,833 352,650
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.