Excel download Email page PDF view Print view Email Alert Social Media Sharing

As Reported Financials

Source Document Currency Code (in thousands) 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 3/31/2018 USD 2018 Q1 YTD 3/31/2018 USD
Source Document Currency Code 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 3/31/2018 USD 2018 Q1 YTD 3/31/2018 USD

ASSETS

Cash and due from banks 10,799 1,708 3,590 3,043 3,532
Interest-bearing deposits at other financial institutions 4,756 22,747 32,866 15,872 22,108
Total cash and cash equivalents 15,555 24,455 36,456 18,915 25,640
Certificates of deposit at other financial institutions 4,543 12,421 15,248 18,108 17,611
Securities available-for-sale, at fair value 48,744 55,217 81,875 82,480 91,371
Loans held for sale, at fair value 25,983 44,925 52,553 53,463 51,315
Loans receivable, net 387,174 502,535 593,317 761,558 805,632
Accrued interest receivable 1,558 2,107 2,524 3,566 3,693
Premises and equipment, net 13,584 13,856 16,012 15,458 15,798
Federal Home Loan Bank (“FHLB”) stock, at cost 1,650 4,551 2,719 2,871 4,308
Bank owned life insurance (“BOLI”), net 6,556 9,772 10,054 10,328 13,410
Servicing rights, held at the lower of cost or fair value 3,061 5,811 8,459 6,795 7,515
Goodwill NA 0 2,312 2,312 2,312
Core deposit intangible, net NA 0 1,717 1,317 1,240
Other assets 1,346 1,911 4,680 4,612 3,767
TOTAL ASSETS 509,754 677,561 827,926 981,783 1,043,612

LIABILITIES

Deposits

Noninterest-bearing accounts 56,734 72,247 155,053 186,890 190,301
Interest-bearing accounts 363,710 412,931 557,540 642,952 667,177
Total deposits 420,444 485,178 712,593 829,842 857,478
Borrowings 17,034 98,769 12,670 7,529 39,529

Subordinated note

Principal amount 0 10,000 10,000 10,000 10,000
Unamortized debt issuance costs 0 (195) (175) (155) (150)
Total subordinated note less unamortized debt issuance costs 0 9,805 9,825 9,845 9,850
Deferred tax liability, net 809 1,293 1,161 607 137
Other liabilities 5,631 7,176 10,644 11,958 11,176
Total liabilities 443,918 602,221 746,893 859,781 918,170

COMMITMENTS AND CONTINGENCIES

STOCKHOLDERS' EQUITY

Preferred stock 0 0 0 0 0
Common stock 32 32 31 37 37
Additional paid-in capital 29,450 30,692 27,334 55,135 55,823
Retained earnings 38,125 46,175 55,584 68,422 72,349
Accumulated other comprehensive loss, net of tax 117 78 (536) (475) (1,716)
Unearned shares - Employee Stock Ownership Plan (“ESOP”) (1,888) (1,637) (1,380) (1,117) (1,051)
Total stockholders' equity 65,836 75,340 81,033 122,002 125,442
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 509,754 677,561 827,926 981,783 1,043,612
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.
Copyright 2018, © S&P Global Market Intelligence  Terms of Use