Balance Sheet

Financial Highlights
3/31/2017
3/31/2018
6/30/2018
12/31/2018
Assets ($000)
Cash and Due from Banks 6,376 5,781 5,953 7,238
Fed Funds Sold 0 0 0 0
Deposits at Financial Institutions 34,916 39,198 71,520 51,207
Securities Purchased, to Resell 0 0 0 0
Other Cash & Cash Equivalents 0 0 0 0
Cash and Cash Equivalents 41,292 44,979 77,473 58,445
Trading Account Securities 0 0 0 0
Available for Sale Securities 76,849 79,906 85,057 91,818
Held to Maturity Securities 0 0 0 0
Other Securities 3,510 4,972 5,813 5,332
Total Cash & Securities 121,651 129,857 168,343 155,595
Gross Loans Held for Investment 770,950 837,428 880,177 917,110
Loan Loss Reserve 6,285 7,058 7,381 7,831
Loans Held for Sale, before Reserves 53 0 206 0
Total Net Loans 764,718 830,370 873,002 909,279
Real Estate Owned and Held for Investment 3,833 667 478 1,810
Goodwill 12,552 13,815 13,815 13,815
Core Deposit Intangibles 1,611 1,716 1,601 1,383
Other Intangibles 0 0 0 0
Intangible Assets other than Goodwill 1,611 1,716 1,601 1,383
Total Intangible Assets 14,163 15,531 15,416 15,198
Loan Servicing Rights 271 228 217 228
Credit Card Rights 0 0 0 0
Other Loan Servicing Rights 0 0 0 0
Total Servicing Rights 271 228 217 228
Fixed Assets 14,574 18,197 18,811 18,175
Interest Receivable 2,431 2,704 3,025 3,148
Prepaid Expense 1,567 1,346 1,049 NA
Bank-owned Life Insurance 14,126 14,462 14,544 14,438
Other Assets 2,215 1,572 1,895 3,683
Total Other Assets 34,913 38,281 39,324 39,444
Total Assets 939,549 1,014,934 1,096,780 1,121,554
Memo: Consolidated VIE Assets 0 0 0 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 772,416 831,837 897,481 926,739
FHLB Borrowings 52,745 62,480 79,538 67,154
Senior Debt 55,847 69,926 84,673 74,619
Trust Preferred (FAS 150) 0 0 0 0
Total Subordinated Debt 9,794 9,817 9,823 9,835
Redeemable Financial Instruments (FAS 150) 0 0 0 0
Total Debt 65,641 79,743 94,496 84,454
Total Other Liabilities 6,271 5,257 5,623 6,902
Total Liabilities 844,328 916,837 997,600 1,018,095
Memo: Consolidated VIE Liabilities 0 0 0 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 95,221 98,097 99,180 103,459
Equity Attributable to Parent Company 95,221 98,097 99,180 103,459
Noncontrolling Interests 0 0 0 0
Total Equity 95,221 98,097 99,180 103,459
Net Unrealized Gain 487 (612) (846) (220)
Tot Acc Other Comprehensive Inc 487 (612) (846) (220)
Balance Sheet Analysis (%)
Gross Loans HFI/ Total Assets 82.06 82.51 80.25 81.77
Loans/ Deposits 99.81 100.67 98.07 98.96
Loan Loss Reserves/ Gross Loans 0.82 0.84 0.84 0.85
Reserves/ Loans Held For Investment 0.82 0.84 0.84 0.85
One Year Gap/ Assets NA NA NA NA
1-4 Loans Serviced for Others($000) NA NA NA NA
Level 1 Assets($000) 994 826 825 836
Level 2 Assets($000) 75,855 79,906 85,057 91,818
Level 3 Assets($000) 8,972 5,836 5,458 6,048
Level 1 Liabilities($000) 0 0 0 NA
Level 2 Liabilities($000) 0 0 0 NA
Level 3 Liabilities($000) 0 0 0 NA
FTE Employees(actual) 172 179 179 185
Annualized Growth Rates (%)
Asset Growth 1.79 11.33 32.26 13.63
Gross Loans HFI Growth 0.85 14.32 20.42 13.44
Deposit Growth (4.79) 8.02 31.57 13.64
Average Balances ($000)
Avg Gross Loans HFI 770,131 822,954 858,803 871,692
Avg Loans HFS 27 335 103 282
Average Loans, Gross of Reserves 769,187 820,809 860,575 871,557
Avg Securities 79,451 84,321 89,581 92,628
Avg Other Int Earn Assets 32,363 35,073 36,648 41,348
Avg Secs & Other Int Earn Assets 111,814 119,394 126,229 133,976
Avg Interest Earning Assets 881,001 940,203 986,804 1,005,533
Avg Assets 935,541 992,938 1,041,121 1,059,163
Avg CDs 116,015 122,100 126,246 134,057
Avg Other Interest-bearing Deposits 453,929 484,767 506,211 515,154
Avg Interest-bearing Deposits 569,944 606,867 632,457 649,211
Avg Debt 55,396 65,465 90,274 80,548
Avg Interest-bearing Liabs 625,340 672,332 722,731 729,759
Avg Noninterest-bearing Deposits 209,061 216,788 213,926 223,329
Avg Total Deposits 779,005 823,655 846,383 872,540
Avg Preferred Equity 0 0 0 0
Avg Common Equity 95,201 97,935 98,992 99,809
Avg Equity 95,201 97,935 98,992 99,809
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