| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 |
|---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Cash and due from banks | |||||||||
40 | 23 | 25 | 27 | 20 | 20 | 116 | 17 | 13 | 14 |
Federal funds sold | |||||||||
234 | 271 | 311 | 324 | 312 | 302 | 197 | 300 | 241 | 235 |
Cash and cash equivalents | |||||||||
274 | 295 | 337 | 351 | 332 | 323 | 313 | 318 | 255 | 249 |
Interest bearing deposits in banks | |||||||||
16 | 1 | 2 | 3 | - | 3 | - | - | - | - |
Investment securities available-for-sale,fair value | |||||||||
123 | 119 | 99 | - | - | 99 | - | - | - | - |
Interest bearing deposits in banks | |||||||||
- | - | - | - | 3 | - | 1 | 1 | 1 | 1 |
Investment securities available-for-sale | |||||||||
- | - | - | 100 | 97 | - | 69 | 54 | 36 | 40 |
Federal Home Loan Bank ("FHLB") stock, at par | |||||||||
7 | 7 | 7 | 7 | 5 | 5 | 5 | 5 | 4 | 4 |
Federal Reserve Bank ("FRB") stock, at par | |||||||||
7 | 6 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 2 |
Loans held for sale | |||||||||
0 | 2 | 5 | 1 | 4 | 0 | 0 | 0 | 0 | 3 |
Loans, net of allowance for loan losses of $9,100 and $7,400 at March 31, 2020 and December 31, 2019, respectively | |||||||||
1,617 | 1,450 | 1,225 | - | - | 970 | - | - | - | - |
Loans | |||||||||
- | - | - | - | - | - | 902 | 913 | - | - |
Deferred fees, net | |||||||||
- | - | - | - | - | - | 0 | 0 | - | - |
Loans | |||||||||
- | - | - | - | - | - | - | - | 891 | - |
Deferred fees, net | |||||||||
- | - | - | - | - | - | - | - | -0 | - |
Allowance for loan losses | |||||||||
- | - | - | - | - | - | 5 | 4 | -4 | - |
Loans, net of allowance for loan losses of $5,880 and $5,140 at June 30,2019 and December 31, 2018, respectively | |||||||||
- | - | - | 1,213 | 959 | - | 896 | 908 | 885 | 886 |
Premises and equipment, net | |||||||||
14 | 10 | 6 | 6 | 6 | 11 | 7 | 7 | 8 | 8 |
Other real estate owned ("OREO") | |||||||||
0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | 0 |
Core deposit intangible | |||||||||
9 | 9 | 6 | 6 | 6 | 7 | 3 | 4 | 4 | 4 |
Cash surrender value of bank owned life insurance ("BOLI") policies, net | |||||||||
20 | 20 | 20 | 19 | 19 | 19 | 16 | 16 | 17 | 17 |
Right-of-use assets ("ROU") | |||||||||
14 | 15 | 10 | 10 | 7 | - | - | - | - | - |
Goodwill | |||||||||
38 | 35 | 26 | 26 | 14 | 14 | 10 | 10 | 10 | 10 |
Interest receivable and other assets | |||||||||
22 | 19 | 19 | 19 | 20 | 17 | 15 | 15 | 13 | 15 |
Total Assets | |||||||||
2,168 | 1,994 | 1,770 | 1,771 | 1,482 | 1,478 | 1,344 | 1,345 | 1,241 | 1,245 |
LIABILITIES AND SHAREHOLDERS' EQUITY | |||||||||
Noninterest and interest bearing deposits | |||||||||
1,778 | 1,701 | 1,498 | 1,505 | 1,250 | 1,257 | 349 | 346 | 320 | 1,104 |
Lease liabilities | |||||||||
14 | 15 | 10 | 10 | 7 | - | - | - | - | - |
Salary continuation plan | |||||||||
3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 |
Interest payable and other liabilities | |||||||||
9 | 11 | 9 | 9 | 6 | 8 | 7 | 5 | 4 | 7 |
Long-term borrowings | |||||||||
- | - | - | - | - | - | - | - | - | 6 |
Interest bearing deposits | |||||||||
- | - | - | - | - | - | 781 | 792 | 778 | - |
Total deposits | |||||||||
- | - | - | - | - | - | 1,130 | 1,138 | 1,098 | - |
Other borrowings | |||||||||
100 | - | - | - | - | - | 0 | 0 | 6 | - |
Junior subordinated deferrable interest debentures, net | |||||||||
8 | 8 | 8 | 8 | 8 | 8 | 5 | 5 | 5 | 5 |
Total liabilities | |||||||||
1,915 | 1,739 | 1,529 | 1,537 | 1,276 | 1,277 | 1,146 | 1,152 | 1,119 | 1,127 |
Shareholders' equity | |||||||||
Preferred stock - no par value; 10,000,000 shares authorized; no shares issued and outstanding at both March 31, 2020 and December 31, 2019 | |||||||||
- | - | - | - | 0 | - | 0 | 0 | 0 | 0 |
Common stock - no par value; 100,000,000 shares authorized; 12,229,848 and 12,444,632 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively | |||||||||
179 | 184 | 174 | 174 | 149 | 149 | 148 | 148 | 81 | 81 |
Additional paid in capital | |||||||||
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accumulated other comprehensive income, net of tax | |||||||||
2 | 1 | 1 | 1 | 0 | -0 | -0 | -0 | -0 | 0 |
Retained earnings | |||||||||
71 | 68 | 64 | 58 | 56 | 51 | 48 | 45 | - | 36 |
Retained earnings | |||||||||
- | - | - | - | - | - | - | - | 40 | - |
Total shareholders' equity | |||||||||
253 | 254 | 240 | 234 | 206 | 200 | 197 | 193 | 122 | 118 |
Total Liabilities and Shareholders' Equity | |||||||||
2,168 | 1,994 | 1,770 | 1,771 | 1,482 | 1,478 | 1,344 | 1,345 | 1,241 | 1,245 |