Emclaire financial corp (EMCF)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Assets
Cash and due from banks

3,839

3,750

3,742

3,074

2,999

3,623

2,776

2,648

2,529

3,072

3,216

2,455

2,489

2,758

2,532

3,015

2,465

2,359

2,668

2,684

2,889

2,386

2,615

2,426

2,127

2,485

2,184

1,992

1,673

2,468

2,165

2,460

2,359

2,516

2,387

3,040

2,507

Interest earning deposits with banks

6,250

11,236

45,560

28,382

4,728

7,332

19,904

27,928

14,648

11,302

37,040

32,260

12,711

14,810

24,272

35,546

14,437

9,187

9,597

9,225

19,385

9,470

32,703

35,068

26,639

14,173

12,452

9,413

21,772

17,956

20,862

24,371

27,601

25,677

24,643

42,612

16,520

Total cash and cash equivalents

10,089

14,986

49,302

31,456

7,727

10,955

22,680

30,576

17,177

14,374

40,256

34,715

15,200

17,568

26,804

38,561

16,902

11,546

12,265

11,909

22,274

11,856

35,318

37,494

28,766

16,658

14,636

11,405

23,445

20,424

23,027

26,831

29,960

28,193

27,030

45,652

19,027

Interest earning time deposits

8,948

9,698

10,198

9,958

6,238

6,738

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Securities - available-for-sale

114,419

120,107

117,899

100,398

98,992

97,718

97,509

99,886

96,216

99,350

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Securities - equity investments

9

19

23

16

17

7

473

474

-

1,817

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Securities - equity investments

9

19

23

16

17

7

473

474

659

1,817

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans held for sale

-

-

154

134

212

-

120

0

239

504

0

0

0

68

58

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Securities available for sale

-

-

-

-

-

-

-

-

-

-

101,301

99,828

99,096

101,560

102,463

106,145

112,469

112,981

121,324

146,715

151,553

149,861

150,321

146,527

122,196

117,304

125,325

146,281

116,435

120,206

143,621

159,265

134,984

123,154

129,681

134,884

125,820

Loans receivable, net of allowance for loan losses of $7,220 and $6,556

734,730

695,348

688,357

691,807

700,352

708,664

592,125

587,258

584,242

577,234

574,736

545,766

535,204

515,435

508,183

498,724

433,824

429,891

406,044

396,643

376,179

379,648

368,219

360,469

344,915

352,430

347,729

334,291

339,192

333,801

331,431

325,927

320,095

312,545

306,653

305,346

306,152

Federal bank stocks, at cost

6,866

5,790

5,856

5,764

5,799

6,351

4,466

4,403

4,329

4,662

4,906

4,862

4,626

4,861

3,854

3,764

3,049

4,240

2,182

2,512

2,114

2,406

2,791

2,791

2,752

3,977

3,707

3,440

2,817

2,885

3,171

3,403

-

3,664

-

-

-

Federal bank stocks, at cost

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,530

-

3,805

3,886

4,129

Bank-owned life insurance

15,161

15,287

15,194

15,098

14,976

14,881

11,974

11,890

11,808

11,724

11,639

11,555

11,473

11,390

11,304

11,221

11,138

11,056

10,973

10,890

10,810

10,728

10,644

10,562

10,484

10,401

10,319

10,236

10,154

10,072

9,989

5,916

5,862

5,809

5,755

5,701

5,596

Accrued interest receivable

2,861

2,600

2,754

2,504

2,735

2,570

2,302

2,250

2,236

2,217

2,228

1,827

1,935

1,815

1,969

1,837

1,712

1,501

1,595

1,548

1,710

1,543

1,674

1,530

1,553

1,466

1,607

1,582

1,704

1,533

1,736

1,683

1,680

1,630

1,658

1,635

1,763

Premises and equipment, net

18,999

19,041

20,685

20,690

20,709

18,911

17,722

17,768

17,911

18,010

18,405

17,908

18,076

18,282

18,382

17,125

15,924

16,114

15,042

15,048

15,078

15,144

14,294

14,114

12,839

12,310

11,369

11,095

9,305

9,180

8,952

8,904

8,890

9,026

9,086

9,009

9,241

Goodwill

19,460

19,460

19,460

19,460

19,448

19,448

10,288

10,288

10,288

10,288

10,288

10,288

10,288

10,288

10,291

10,291

3,664

3,664

3,664

3,664

3,664

3,664

3,664

3,664

3,664

3,664

3,664

3,664

3,664

3,664

3,664

3,664

3,664

3,664

3,664

3,664

3,664

Core deposit intangible, net

1,205

1,247

1,289

1,333

1,378

1,423

278

345

413

481

550

441

500

560

621

681

505

554

603

652

700

749

798

852

908

965

1,022

1,090

1,162

1,235

1,308

1,394

1,487

1,580

1,673

1,783

2,021

Prepaid expenses and other assets

11,487

11,713

10,259

10,332

11,060

11,209

12,867

10,181

10,290

9,423

9,631

9,675

9,919

10,308

9,743

9,276

8,420

9,048

8,716

9,565

6,170

6,310

5,814

5,699

6,800

6,667

6,822

6,540

6,105

6,014

3,274

2,949

2,686

2,617

2,924

3,509

4,472

Total Assets

944,234

915,296

941,430

908,950

889,643

898,875

772,804

775,319

755,808

750,084

773,940

736,865

706,317

692,135

693,672

697,625

607,607

600,595

582,408

599,146

590,252

581,909

593,537

583,702

534,877

525,842

526,200

529,624

513,983

509,014

530,173

539,936

512,838

491,882

491,929

515,069

481,885

Liabilities and Stockholders' Equity
Non-interest bearing

149,131

148,842

155,923

149,138

151,398

148,893

133,311

129,301

129,159

126,263

129,870

129,230

132,635

123,717

124,144

122,793

120,878

119,790

117,466

115,551

119,066

111,282

112,732

115,362

111,318

104,269

100,389

106,433

106,761

98,559

102,790

100,050

95,848

84,871

86,843

86,707

75,941

Interest bearing

633,585

638,282

652,102

628,468

608,029

612,653

549,050

556,250

537,576

528,380

532,682

499,944

473,471

461,223

468,456

474,093

389,801

370,097

387,693

396,861

396,958

390,537

407,176

399,041

355,844

327,737

329,053

343,064

330,477

333,900

350,707

363,360

341,611

331,597

331,212

354,623

333,717

Total deposits

782,716

787,124

808,025

777,606

759,427

761,546

682,361

685,551

666,735

654,643

662,552

629,174

606,106

584,940

592,600

596,886

510,679

489,887

505,159

512,412

516,024

501,819

519,908

514,403

467,162

432,006

429,442

449,497

437,238

432,459

453,497

463,410

437,459

416,468

418,055

441,330

409,658

Borrowed funds

-

-

-

-

-

-

-

-

-

-

-

-

-

44,000

-

-

-

49,250

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term borrowed funds

14,300

2,050

2,050

2,050

3,050

12,850

2,050

2,050

2,050

2,500

2,500

2,500

2,500

-

2,500

2,500

0

-

1,400

7,500

3,000

-

2,150

2,150

2,150

-

26,650

5,500

-

-

-

-

-

-

0

5,000

5,000

Long-term borrowed funds

-

-

-

32,000

32,250

-

17,750

18,000

18,250

23,500

38,750

39,000

34,250

-

34,750

35,000

35,000

-

15,000

15,000

15,000

21,500

15,000

15,000

-

44,150

-

-

-

-

-

-

-

-

-

-

-

Long-term borrowed funds

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,000

-

20,000

20,000

20,000

20,000

-

-

-

20,000

-

-

30,000

Long-term borrowed funds

46,250

26,500

31,750

-

-

32,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20,000

20,000

20,000

-

20,000

20,000

25,000

Accrued interest payable

661

616

652

643

603

495

460

410

367

413

399

359

253

239

236

254

220

179

186

187

197

199

217

253

255

292

305

377

388

442

516

526

537

541

544

573

649

Accrued expenses and other liabilities

12,762

13,148

13,022

12,294

12,224

11,476

10,573

9,815

9,529

9,937

9,986

9,185

8,447

8,883

8,370

8,134

7,701

8,440

7,259

7,146

6,970

10,401

8,321

4,439

-

4,322

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses and other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,365

-

5,140

4,637

4,491

4,388

3,995

4,138

3,897

4,143

3,202

3,045

2,460

Total Liabilities

856,689

829,438

855,499

824,593

807,554

818,867

713,194

715,826

696,931

690,993

714,187

680,218

651,556

638,062

638,456

642,774

553,600

547,756

529,004

542,245

541,191

533,919

545,596

536,245

488,932

480,770

481,537

480,011

462,117

457,289

478,008

488,074

461,893

441,152

441,801

469,948

442,767

Commitments and Contingent Liabilities (Note 11)

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Stockholders' Equity
Preferred stock, $1.00 par value, 3,000,000 shares authorized; Series C, non-cumulative preferred stock, $2.9 million liquidation value, 286,888 shares issued and outstanding; Series D, non-cumulative preferred stock, $1.3 million liquidation value, 133,705 shares issued and outstanding

4,206

4,206

4,206

4,206

4,206

4,206

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,456

-

Warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

88

88

88

Common stock, $1.25 par value, 12,000,000 shares authorized; 2,810,729 shares issued; 2,708,712 shares outstanding

3,513

3,513

3,501

3,501

3,501

3,501

2,966

2,966

2,966

2,966

2,958

2,879

2,818

2,818

2,810

2,810

2,808

2,808

2,800

2,795

2,355

2,353

2,341

2,340

2,340

2,338

2,331

2,330

2,330

2,327

2,317

2,317

2,317

2,317

2,312

2,312

1,949

Additional paid-in capital

46,869

46,757

46,672

46,581

46,491

46,401

31,218

31,181

31,106

31,031

30,974

29,211

27,955

27,900

27,853

27,809

27,747

27,701

27,648

27,573

19,795

19,740

19,650

19,586

19,544

19,478

19,418

19,385

19,322

19,270

19,247

19,215

19,184

19,155

19,097

19,084

14,812

Treasury stock, at cost; 102,017 shares

2,114

2,114

2,114

2,114

2,114

2,114

2,114

2,114

2,114

2,114

2,114

2,114

2,114

2,114

2,114

2,114

2,114

2,114

2,114

2,114

2,114

2,114

2,114

2,114

2,114

2,114

2,114

2,114

2,114

2,114

-2,114

-2,114

2,114

2,114

2,114

2,114

2,114

Retained earnings

39,209

38,831

38,142

36,756

35,489

34,371

34,940

34,416

33,639

32,726

31,901

30,790

30,335

29,960

29,322

28,822

28,450

28,206

27,794

26,811

26,338

26,009

25,148

24,541

24,077

23,650

23,129

22,514

22,052

21,672

21,598

21,362

20,547

19,948

19,196

18,627

17,705

Accumulated other comprehensive loss

-4,138

-5,335

-4,476

-4,573

-5,484

-6,357

-7,400

-6,956

-6,720

-5,518

-3,966

-4,119

-4,233

-4,491

-2,655

-2,476

-2,884

-3,762

-2,724

-3,164

-2,313

-2,998

-2,084

-1,896

-2,902

-3,280

-3,101

-2,502

276

570

1,117

1,082

1,011

1,424

1,549

-332

-769

Total Stockholders' Equity

87,545

85,858

85,931

84,357

82,089

80,008

59,610

59,493

58,877

59,091

59,753

56,647

54,761

54,073

55,216

54,851

54,007

52,839

53,404

56,901

49,061

47,990

47,941

47,457

45,945

45,072

44,663

49,613

51,866

51,725

52,165

51,862

50,945

50,730

50,128

45,121

39,118

Total Liabilities and Stockholders' Equity

944,234

915,296

941,430

908,950

889,643

898,875

772,804

775,319

755,808

750,084

773,940

736,865

706,317

692,135

693,672

697,625

607,607

600,595

582,408

599,146

590,252

581,909

593,537

583,702

534,877

525,842

526,200

529,624

513,983

509,014

530,173

539,936

512,838

491,882

491,929

515,069

481,885