Skip Navigation Documents in Portable Document Format (PDF) require Adobe Acrobat Reader 5.0 or higher to view,download Adobe® Acrobat Reader.
ir banner

As Reported Financial Statements

As Reported Financials

Document Name As Of Date Currency Code (in units) 2014 Y FIN SUPP 12/31/2014 USD 2015 Y FIN SUPP 12/31/2015 USD 2016 Y FIN SUPP 12/31/2016 USD 2017 Y FIN SUPP 12/31/2017 USD
Document Name As Of Date Currency Code 2014 Y FIN SUPP 12/31/2014 USD 2015 Y FIN SUPP 12/31/2015 USD 2016 Y FIN SUPP 12/31/2016 USD 2017 Y FIN SUPP 12/31/2017 USD

Assets

Cash and due from banks 110,263,158 109,386,709 156,194,325 137,564,503
Available-for-sale investment securities, at fair value 10,640,544 10,626,905 8,417,033 7,073,633
Held-to-maturity investment securities, at amortized cost 664,223 631,450 616,246 595,674
Federal Reserve Bank stock, at cost 1,378,400 1,827,650 1,884,200 1,955,550
Federal Home Loan Bank stock, at cost 1,708,900 1,947,800 2,331,300 2,688,100
Loans, less allowance for loan losses 410,568,585 517,513,593 565,911,668 619,115,610
Premises and equipment, net 1,476,630 1,230,695 1,019,794 2,627,349
Deferred tax assets, net 3,414,000 3,964,347 4,382,463 3,517,265
Bank owned life insurance NA NA 0 12,177,772
Accrued interest receivable and other assets 2,212,475 7,138,292 6,745,620 6,542,341
Total Assets 542,326,915 654,267,441 747,502,649 793,857,797

Liabilities and Shareholders' Equity

Deposits

Non-interest bearing 164,353,390 210,998,103 257,757,439 295,069,565
Interest bearing 317,338,335 368,352,648 405,726,109 409,083,766
Total deposits 481,691,725 579,350,751 663,483,548 704,153,331
Subordinated debt, net 9,574,225 9,617,894 9,661,563 9,705,232
Accrued interest payable and other liabilities 3,243,579 7,745,752 6,995,175 5,237,025

Total Liabilities

Total Liabilities 494,509,529 596,714,397 680,140,286 719,095,588

Shareholders' Equity

Preferred stock
Series A 6,544,000 NA NA NA
Series B 325,000 NA NA NA

Shareholders' Equity

Preferred stock NA 0 0 0
Common stock 44,207,446 58,795,777 64,122,072 65,959,682
Retained earnings (3,166,933) (1,100,407) 3,377,073 8,853,957
Accumulated other comprehensive loss, net of tax (92,127) (142,326) (136,782) (51,430)
Total Shareholders' Equity 47,817,386 57,553,044 67,362,363 74,762,209
Total Liabilities and Shareholders' Equity 542,326,915 654,267,441 747,502,649 793,857,797
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.