Howard bancorp inc (HBMD)
Balance Sheet / Quarterly
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'11
ASSETS
Cash and due from banks

15,951

12,992

74,655

124,868

97,054

14,860

101,292

107,598

76,570

28,856

50,715

41,536

48,170

29,675

33,553

24,618

50,725

31,818

17,264

28,107

26,933

23,598

17,361

21,151

19,222

23,282

17,397

18,657

28,743

25,739

11,858

20,648

32,641

17,926

Interest-bearing deposits with banks

179,999

96,985

-

-

-

86,638

-

-

3,920

-

494

9,633

14,326

19,513

19,513

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Federal funds sold

-

-

354

193

408

-

366

363

968

116

495

294

314

9,691

10,325

8,190

4,246

6,522

1,083

899

1,613

919

310

5,420

5,754

12,454

2,017

5,150

6,448

10,622

6,478

462

279

279

Total cash and cash equivalents

195,950

109,977

75,009

125,061

97,462

101,498

101,658

107,961

77,538

28,972

51,210

41,830

48,484

39,366

43,878

32,808

54,971

38,340

18,347

29,006

28,546

24,517

17,671

26,571

24,976

35,736

19,414

23,807

35,191

36,361

18,336

21,110

32,920

18,205

Securities available for sale, at fair value

275,252

215,505

164,026

151,685

191,860

223,858

125,673

127,530

87,613

74,256

67,883

52,151

46,059

38,728

37,718

57,693

70,150

49,573

39,178

34,581

30,611

41,079

27,112

16,130

20,673

28,688

21,205

15,235

17,318

26,875

35,952

30,001

20,561

13,376

Securities held to maturity, at amortized cost

7,750

7,750

9,750

9,750

9,250

9,250

9,250

9,250

9,250

9,250

9,250

9,250

8,750

6,250

-

-

-

3,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Nonmarketable equity securities

16,757

14,152

13,642

11,220

11,050

11,786

10,511

14,485

12,700

6,492

5,982

5,196

2,943

5,103

4,741

3,934

3,849

4,163

3,185

3,385

2,535

2,571

2,700

2,565

2,475

2,282

2,282

1,922

1,742

1,475

1,205

1,097

1,348

1,313

Loans held for sale, at fair value

3,795

30,710

46,713

37,680

26,815

21,261

28,253

55,956

69,886

42,153

52,683

53,872

35,666

51,054

46,342

51,010

40,027

49,677

64,427

65,759

-

42,881

-

-

-

-

-

-

-

-

-

-

-

-

Loans held for sale, at fair value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

49,159

-

38,669

28,851

17,034

3,298

804

1,650

1,221

1,639

573

309

970

646

Loans and leases, net of unearned income

1,761,419

1,745,513

1,729,880

1,701,020

1,647,178

1,649,751

1,624,484

1,609,978

1,605,478

936,608

892,213

880,137

845,945

821,524

816,590

797,146

774,229

757,002

755,500

582,702

570,437

552,917

461,232

433,336

416,632

403,875

401,508

351,643

331,005

322,218

298,814

291,059

279,691

276,531

Allowance for credit losses

13,384

10,401

9,598

9,120

8,754

9,873

7,224

6,619

6,148

6,159

5,661

5,385

5,360

6,428

5,634

5,744

5,256

4,869

4,317

4,199

3,839

3,602

3,018

3,053

2,700

2,506

3,145

2,951

2,980

2,764

2,733

3,076

3,521

3,433

Net loans and leases

1,748,035

1,735,112

1,720,282

1,691,900

1,638,424

1,639,878

1,617,260

1,603,359

1,599,330

930,449

886,552

874,752

840,585

815,096

810,956

791,402

768,973

752,133

751,183

578,503

566,598

549,315

458,214

430,283

413,932

401,369

398,363

348,692

328,025

319,454

296,081

287,983

276,170

273,098

Bank premises and equipment, net

42,543

42,724

42,693

42,876

44,721

45,137

49,765

51,668

51,125

19,189

19,556

19,599

19,864

20,080

20,287

20,481

20,758

20,765

20,428

16,108

12,098

12,122

11,521

11,521

11,263

10,842

10,385

9,337

9,438

9,573

9,659

9,786

9,612

9,484

Goodwill

65,949

65,949

65,949

65,949

65,949

70,697

71,824

71,278

72,001

603

603

603

603

603

603

603

603

603

1,132

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Core deposit intangible

7,770

8,469

9,186

9,932

10,698

11,482

12,282

13,116

13,972

1,743

1,849

1,977

2,113

2,248

2,384

2,550

2,726

2,903

3,117

1,224

1,308

1,391

798

302

322

342

363

-

-

0

-

-

-

-

Bank owned life insurance

76,275

75,830

75,364

75,060

74,601

74,153

73,699

73,245

72,824

28,631

28,427

28,216

21,517

21,371

21,208

21,053

20,899

18,548

16,618

11,834

11,745

11,659

11,563

11,468

11,375

11,282

8,210

8,137

8,067

0

-

-

-

-

Other real estate owned

2,322

3,098

3,926

4,702

4,392

4,392

4,097

4,115

5,135

1,549

2,133

2,135

2,350

2,350

2,543

2,286

2,369

2,369

1,764

2,480

2,472

2,472

2,472

2,377

2,377

2,377

2,377

2,725

2,725

2,903

2,903

1,396

1,436

1,885

Deferred tax assets, net

33,529

36,010

36,049

37,803

38,512

35,285

31,405

31,023

34,430

813

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,018

1,302

1,377

1,125

1,458

1,242

1,283

1,160

1,208

1,578

1,765

1,679

Interest receivable and other assets

31,967

29,333

30,886

32,016

36,825

17,837

17,742

19,263

14,977

5,850

5,911

5,108

5,492

5,195

4,614

4,998

5,113

4,685

5,114

4,001

5,408

3,409

2,630

2,165

2,207

2,577

2,057

2,149

2,311

2,235

2,564

2,882

3,038

3,396

Total assets

2,507,894

2,374,619

2,293,475

2,295,634

2,250,559

2,266,514

2,153,419

2,182,249

2,124,701

1,149,950

1,132,533

1,104,322

1,048,752

1,026,957

1,014,787

988,818

990,438

946,759

924,493

746,881

710,480

691,416

574,368

533,535

508,011

499,918

466,918

414,896

407,321

401,675

368,481

356,142

347,820

323,082

LIABILITIES
Noninterest-bearing deposits

483,499

468,975

442,549

422,117

418,431

429,200

420,220

469,832

414,528

218,139

212,519

215,124

244,408

182,880

183,118

179,699

177,621

173,689

171,349

148,928

137,287

142,727

106,237

97,540

93,833

89,759

91,189

83,123

89,866

95,875

79,934

72,778

72,201

62,044

Interest-bearing deposits

1,305,400

1,245,390

1,213,074

1,295,099

1,255,037

1,256,606

1,204,409

1,095,812

1,135,431

645,769

649,566

639,585

607,564

625,854

620,655

618,419

625,555

573,719

571,417

426,788

443,368

411,312

345,673

324,795

307,465

299,190

268,699

242,420

233,551

218,983

207,492

209,788

212,698

200,598

Total deposits

1,788,899

1,714,365

1,655,623

1,717,216

1,673,468

1,685,806

1,624,629

1,565,644

1,549,959

863,908

862,085

854,709

851,972

808,734

803,773

798,118

803,176

747,408

742,766

575,716

580,655

554,039

451,910

422,335

401,298

388,949

359,888

325,543

323,417

314,858

287,426

282,566

284,899

262,642

Customer repurchase agreements and federal funds purchased

5,321

6,127

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

FHLB advances

344,000

285,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Subordinated debt

28,290

28,241

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term borrowings

-

-

274,161

220,669

122,269

134,576

100,357

189,112

199,427

130,385

128,471

109,770

55,299

107,056

93,263

62,147

50,149

69,121

52,708

52,025

41,032

48,628

51,956

36,616

35,627

45,658

39,934

19,009

21,752

26,987

27,619

29,726

19,180

12,984

Long-term borrowings

-

-

28,191

28,142

128,094

142,077

127,596

127,575

72,555

18,535

6,552

6,541

9,029

20,517

26,643

39,226

36,185

29,707

27,851

27,500

19,500

19,000

19,000

23,500

21,500

16,000

18,000

22,000

14,000

12,000

6,000

6,000

6,000

10,000

Deferred tax liability

-

-

-

-

-

-

-

-

-

-

464

520

643

-

881

1,443

1,572

1,667

2,552

3,330

4,249

4,686

-

-

-

0

-

-

-

-

-

-

-

-

Accrued expenses and other liabilities

26,026

26,738

26,748

26,080

26,199

9,372

7,287

10,448

11,052

4,869

4,648

4,394

5,798

4,860

5,336

4,816

5,410

5,957

6,536

3,683

4,660

5,420

1,123

1,455

698

687

1,060

711

1,025

1,109

1,114

747

876

826

Total liabilities

2,192,536

2,060,471

1,984,723

1,992,107

1,950,030

1,971,831

1,859,869

1,892,779

1,832,993

1,017,697

1,002,220

975,934

922,741

941,167

929,896

905,750

896,492

853,860

832,413

662,254

650,096

631,773

523,989

483,906

459,123

451,294

418,882

367,263

360,194

354,954

322,159

319,039

310,955

286,452

COMMITMENTS AND CONTINGENCIES

-

-

-

-

-

-

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?par value $0.01 (liquidation preference of $1,000 per share) authorized 5,000,000; shares issued and outstanding 12,562 series AA at December 31, 2015

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

12,562

12,562

12,562

12,562

12,562

12,562

12,562

12,562

12,562

12,562

12,562

12,562

12,562

12,562

12,562

12,562

12,562

12,562

Common stock - par value of $0.01 authorized 20,000,000 shares; issued and outstanding 18,714,844 shares at March 31, 2020 and 19,066,913 at December 31, 2019

187

191

191

191

191

190

190

190

190

98

98

98

98

70

70

70

70

70

69

64

41

41

41

41

41

41

40

40

40

40

40

26

26

26

Capital surplus

269,918

276,156

276,431

276,218

276,128

275,843

275,770

275,581

275,489

110,387

110,183

109,956

109,647

71,021

70,897

70,824

70,698

70,587

70,173

61,919

38,454

38,360

38,217

37,672

37,634

37,607

37,541

37,513

37,484

37,484

37,379

28,413

28,413

28,413

Retained earnings

38,501

35,158

29,258

24,621

22,533

18,277

18,131

14,152

16,430

22,105

20,166

18,453

16,415

14,849

13,895

12,147

10,615

9,712

9,257

10,073

9,314

8,696

-445

-652

-1,355

-1,590

-2,116

-2,491

-2,973

-3,386

-3,681

-3,911

-4,149

-4,391

Accumulated other comprehensive income

6,752

2,643

2,872

2,497

1,677

373

-541

-453

-401

-337

-134

-119

-149

-150

29

27

1

-32

19

9

13

-16

4

6

6

4

9

9

14

21

22

13

13

20

Total stockholders' equity

315,358

314,148

308,752

303,527

300,529

294,683

293,550

289,470

291,708

132,253

130,313

128,388

126,011

85,790

84,891

83,068

93,946

92,899

92,080

84,627

60,384

59,643

50,379

49,629

48,888

48,624

48,036

47,633

47,127

46,721

46,322

37,103

36,865

36,630

Total liabilities and stockholders' equity

2,507,894

2,374,619

2,293,475

2,295,634

2,250,559

2,266,514

2,153,419

2,182,249

2,124,701

1,149,950

1,132,533

1,104,322

1,048,752

1,026,957

1,014,787

988,818

990,438

946,759

924,493

746,881

710,480

691,416

574,368

533,535

508,011

499,918

466,918

414,896

407,321

401,675

368,481

356,142

347,820

323,082