As Reported Financial Statements


As Reported Financials

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

ASSETS

Cash and cash equivalents

Cash and due from banks 16,979,714 11,595,785 10,289,330 14,821,609
Interest-bearing deposits with other banks 2,349,455 1,835,887 2,173,218 2,349,021
Deposits with Federal Reserve Bank 15,060,000 23,217,004 28,502,391 39,348,682
Total cash and cash equivalents 34,389,169 36,648,676 40,964,939 56,519,312
Investment securities available-for-sale, at estimated fair value 5,639,918 5,833,268 5,388,179 3,312,446
Loans, less allowance for loan losses 184,409,963 226,967,658 276,502,843 342,092,865
Interest receivable 675,759 827,948 1,034,066 1,398,211
FHLB and PCBB stock, at cost 655,200 723,600 778,400 842,900
Premises and equipment, net of accumulated depreciation 5,157,732 4,926,904 4,834,430 5,771,693
Deferred income taxes, net 1,076,967 1,079,967 924,195 1,204,990
Repossessed assets, net 988,141 1,016,304 1,031,060 764,670
Cash surrender value of bank-owned life insurance 3,088,422 3,655,538 3,708,474 3,800,680
Other assets 223,631 316,979 522,852 760,049
Total 201,915,733 245,348,166 294,724,499 359,948,504
Total assets 236,304,902 281,996,842 335,689,438 416,467,816

LIABILITIES and STOCKHOLDERS' EQUITY

Liabilities

Deposits
Noninterest-bearing demand 59,410,270 89,511,363 86,498,040 92,610,276
Savings and interest-bearing demand 132,600,590 136,743,287 185,881,945 259,137,037
Time deposits 17,717,840 27,454,953 26,232,634 19,657,014
Total deposits 209,728,700 253,709,603 298,612,619 371,404,327
Interest payable 74,699 78,706 89,591 107,633
Other liabilities 3,305,369 1,684,865 2,317,001 2,782,628
Repurchase agreements 1,442,296 1,631,664 136,378 1,608,776
Total liabilities 214,551,064 257,104,838 301,155,589 375,903,364

Stockholders' equity

Preferred stock 0 0 0 0
Common stock 13,231,581 13,529,594 19,888,805 20,172,918
Retained earnings 8,514,065 11,369,466 14,652,721 20,414,916
Accumulated other comprehensive loss 8,192 (7,056) (7,677) (23,382)
Total stockholders' equity 21,753,838 24,892,004 34,533,849 40,564,452
Total liabilities and stockholders' equity 236,304,902 281,996,842 335,689,438 416,467,816
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.