As Reported Financials

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

ASSETS

Cash and due from depository institutions 27,970 26,234 25,107 23,443
Interest bearing deposits 2,740 2,698 3,066 6,960
Short-term investments in money market funds 4,184 5,256 5,900 18,107
Cash and cash equivalents 34,894 34,188 34,073 48,510

Investment securities

Available for sale 146,731 129,138 127,077 119,467
Held to maturity 40,760 38,752 30,665 21,419
Loans held for sale 847 3,125 3,094 3,003
Loans 862,604 890,032 884,240 881,541
Less - Unearned income 322 399 476 557
Allowance for loan losses 8,671 10,214 9,932 9,921
Net loans 853,611 879,419 873,832 871,063
Premises and equipment, net 13,348 12,734 11,694 12,108
Accrued interest income receivable 3,489 3,603 3,116 3,057
Goodwill 11,944 11,944 11,944 11,944
Bank owned life insurance 38,395 37,860 37,903 37,228
Net deferred tax asset 3,637 5,963 10,655 8,993
Federal Home Loan Bank stock 4,520 4,675 3,359 4,628
Federal Reserve Bank stock 2,125 2,125 2,125 2,125
Other assets 6,379 4,129 4,243 4,952
TOTAL ASSETS 1,160,680 1,167,655 1,153,780 1,148,497

LIABILITIES

Non-interest bearing deposits 150,627 183,603 188,808 188,947
Interest bearing deposits 798,544 764,342 778,978 714,347
Total deposits 949,171 947,945 967,786 903,294
Short-term borrowings 41,029 49,084 12,754 48,748
Advances from Federal Home Loan Bank 46,721 46,229 45,542 48,000
Guaranteed junior subordinated deferrable interest debentures 12,939 12,923 12,908 12,892
Subordinated debt 7,488 7,465 7,441 7,418
Total borrowed funds 108,177 115,701 78,645 117,058
Other liabilities 5,355 8,907 11,954 9,172
TOTAL LIABILITIES 1,062,703 1,072,553 1,058,385 1,029,524

STOCKHOLDERS' EQUITY

Preferred stock NA NA NA 21,000
Common stock 266 266 265 265
Treasury stock at cost (80,579) (78,233) (74,829) (74,829)
Capital surplus 145,782 145,707 145,535 145,441
Retained earnings 46,733 40,312 36,001 34,651
Accumulated other comprehensive loss, net (14,225) (12,950) (11,577) (7,555)
TOTAL STOCKHOLDERS' EQUITY 97,977 95,102 95,395 118,973
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 1,160,680 1,167,655 1,153,780 1,148,497
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.