Balance Sheet

Financial Highlights
12/31/2014
12/31/2015
12/31/2016
3/31/2017
Assets ($000)
Cash and Due from Banks 5,170 4,954 4,233 4,658
Fed Funds Sold 0 0 0 0
Deposits at Financial Institutions 33,994 7,747 7,308 11,725
Securities Purchased, to Resell 0 0 0 0
Other Cash & Cash Equivalents 0 0 0 0
Cash and Cash Equivalents 39,164 12,701 11,541 16,383
Trading Account Securities 0 0 0 0
Available for Sale Securities 19,348 34,623 39,766 39,001
Held to Maturity Securities 450 0 0 0
Other Securities 4,210 4,210 4,164 4,165
Total Cash & Securities 63,172 51,534 55,471 59,549
Gross Loans Held for Investment 315,754 329,663 356,721 354,755
Loan Loss Reserve 2,400 2,437 2,341 2,333
Loans Held for Sale, before Reserves 0 0 0 0
Total Net Loans 313,354 327,226 354,380 352,422
Real Estate Owned and Held for Investment 1,140 357 335 335
Goodwill 0 0 0 0
Core Deposit Intangibles 66 0 0 0
Other Intangibles 0 0 0 0
Intangible Assets other than Goodwill 66 0 0 0
Total Intangible Assets 66 0 0 0
Loan Servicing Rights 72 60 NA 46
Credit Card Rights 0 0 0 0
Other Loan Servicing Rights 0 0 0 0
Total Servicing Rights 72 60 NA 46
Fixed Assets 10,071 10,446 11,884 11,932
Interest Receivable 829 803 840 832
Prepaid Expense NA NA NA NA
Bank-owned Life Insurance 10,747 11,509 11,822 11,903
Other Assets 2,361 3,189 3,286 3,829
Total Other Assets 24,008 25,947 27,832 28,496
Total Assets 401,812 405,124 438,018 440,848
Memo: Consolidated VIE Assets 0 NA NA NA
Memo: Covered Loans 0 0 0 0
Memo: Covered OREO 0 0 0 0
Memo: Covered Securities 0 0 0 0
Memo: Covered Assets 0 0 0 0
Liabilities ($000)
Total Deposits 322,681 323,622 338,803 359,811
FHLB Borrowings 26,719 26,530 39,855 15,317
Senior Debt 31,817 32,221 49,248 30,884
Trust Preferred (FAS 150) 4,124 4,124 4,124 4,124
Total Subordinated Debt 4,124 4,124 4,124 4,124
Redeemable Financial Instruments (FAS 150) 0 0 0 0
Total Debt 35,941 36,345 53,372 35,008
Total Other Liabilities 2,800 3,661 3,202 2,910
Total Liabilities 361,422 363,628 395,377 397,729
Memo: Consolidated VIE Liabilities 0 NA NA NA
Mezzanine ($000)
Redeemable Preferred 0 0 0 0
Trust Preferred Securities 0 0 0 0
Total Minority Interest 0 0 0 0
Other Mezzanine Items 0 0 0 0
Total Mezzanine Level Items 0 0 0 0
Equity ($000)
TARP Preferred Equity 0 0 0 0
Other Preferred Equity 0 0 0 0
Total Preferred Equity 0 0 0 0
Common Equity 40,390 41,496 42,641 43,119
Equity Attributable to Parent Company 40,390 41,496 42,641 43,119
Noncontrolling Interests 0 0 0 0
Total Equity 40,390 41,496 42,641 43,119
Net Unrealized Gain 44 (9) (319) (164)
Tot Acc Other Comprehensive Inc 57 (181) (454) (299)
Balance Sheet Analysis (%)
Gross Loans HFI/ Total Assets 78.58 81.37 81.44 80.47
Loans/ Deposits 97.85 101.87 105.29 98.59
Loan Loss Reserves/ Gross Loans 0.76 0.74 0.66 0.66
Reserves/ Loans Held For Investment 0.76 0.74 0.66 0.66
One Year Gap/ Assets NA NA NA NA
1-4 Loans Serviced for Others($000) 10,700 7,100 6,300 6,100
Level 1 Assets($000) 22 0 0 0
Level 2 Assets($000) 19,326 34,623 39,766 39,001
Level 3 Assets($000) 1,292 968 3,684 607
Level 1 Liabilities($000) NA NA NA NA
Level 2 Liabilities($000) NA NA NA NA
Level 3 Liabilities($000) NA NA NA NA
FTE Employees(actual) 129 122 123 119
Annualized Growth Rates (%)
Asset Growth 3.25 0.82 8.12 2.58
Gross Loans HFI Growth 2.02 4.41 8.21 (2.20)
Deposit Growth 3.88 0.29 4.69 24.80
Average Balances ($000)
Avg Gross Loans HFI 313,691 318,337 343,243 354,272
Avg Loans HFS 0 0 0 0
Average Loans, Gross of Reserves 313,691 318,337 343,243 354,272
Avg Securities 29,848 37,566 37,464 40,243
Avg Other Int Earn Assets 31,080 25,523 8,547 2,939
Avg Secs & Other Int Earn Assets 60,928 63,089 46,011 43,182
Avg Interest Earning Assets 374,619 381,426 389,254 397,454
Avg Assets 403,387 407,351 418,769 436,738
Avg CDs 73,498 63,149 54,954 NA
Avg Other Interest-bearing Deposits 180,722 192,364 201,862 NA
Avg Interest-bearing Deposits 254,220 255,513 256,816 NA
Avg Debt 38,754 40,516 46,103 NA
Avg Interest-bearing Liabs 292,974 296,029 302,919 NA
Avg Noninterest-bearing Deposits 67,374 69,427 70,723 NA
Avg Total Deposits 321,594 324,940 327,539 354,717
Avg Preferred Equity 0 0 0 0
Avg Common Equity 39,735 38,341 42,634 43,119
Avg Equity 39,735 38,341 42,634 43,119
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