Hv bancorp, inc. (HVBC)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16
Assets
Cash and due from banks

2,025

1,473

1,521

1,345

1,501

1,371

1,490

1,345

1,374

1,070

1,722

1,514

37,609

74,349

6,187

1,286

Interest-earning deposits with banks

14,492

19,152

24,419

17,519

11,381

15,621

4,530

12,095

13,568

13,732

13,885

27,063

9,943

14,096

5,778

14,141

Federal funds sold

3,998

-

1,315

1,370

-

-

-

1,305

-

-

-

-

-

-

-

-

Cash and cash equivalents

20,515

20,625

27,255

20,234

12,882

16,992

6,020

14,745

14,942

14,802

15,607

28,577

47,552

88,445

11,965

15,427

Investment securities available-for-sale, at fair value

23,200

21,156

21,588

35,236

26,834

-

-

30,847

-

-

-

-

-

-

-

-

Investment securities available-for-sale, at fair value

-

-

-

-

-

30,439

29,243

-

32,835

32,863

31,166

42,820

46,533

33,727

31,455

33,281

Investment securities held-to-maturity

-

-

-

-

14,279

14,286

13,898

13,905

13,913

12,433

11,802

11,809

9,053

5,688

5,822

5,825

Equity securities

500

500

500

500

500

500

500

-

-

-

-

-

-

-

-

-

Loans held for sale, at fair value

37,368

37,876

39,013

33,748

4,485

15,339

15,853

13,558

8,225

12,266

10,535

12,784

6,050

6,181

24,233

24,676

Loans receivable, net of allowance for loan losses of $1,549 at March 31, 2020 and $1,437 at December 31, 2019

252,704

255,032

248,581

240,786

235,729

231,988

225,177

212,696

182,639

159,702

138,314

111,811

98,588

95,713

94,291

93,450

Bank-owned life insurance

6,293

6,255

6,216

6,175

6,135

6,096

6,056

6,016

5,976

5,936

5,895

4,005

3,978

3,952

3,923

3,895

Restricted investment in bank stock

1,751

1,552

1,553

1,662

733

737

900

1,190

743

749

629

643

650

658

1,102

1,108

Premises and equipment, net

2,618

2,501

2,338

2,254

2,158

2,029

1,976

1,873

1,832

1,834

1,808

1,835

1,788

1,734

1,648

1,652

Operating lease right-of-use assets

6,187

5,979

5,783

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued interest receivable

1,112

967

974

1,111

1,087

1,034

968

940

854

773

654

620

554

525

531

527

Prepaid income taxes

-

-

-

-

316

223

182

-

208

38

16

171

196

69

4

147

Deferred income taxes, net

-

-

-

-

259

454

568

526

512

397

364

257

398

573

92

26

Prepaid expenses

-

-

-

-

373

265

323

-

317

266

348

272

333

284

300

231

Real estate owned

-

-

-

-

-

-

-

-

-

-

127

-

-

65

175

115

Mortgage banking derivatives

2,236

1,204

1,823

1,679

850

391

430

817

752

519

579

1,001

950

369

994

1,492

Other assets

1,102

939

935

810

65

110

216

649

96

78

101

160

299

1,157

580

171

Total Assets

355,586

354,586

356,559

344,195

306,685

320,883

302,310

297,762

263,844

242,656

217,945

216,765

216,922

239,140

177,115

182,023

Liabilities and Shareholders' Equity
Liabilities
Deposits

278,185

283,767

284,576

275,130

259,129

273,461

251,059

235,403

214,794

193,108

171,259

170,481

171,802

213,088

139,474

141,771

Advances from the Federal Home Loan Bank

32,000

27,000

27,000

28,000

10,000

10,000

14,000

22,000

12,000

12,000

9,000

9,000

9,000

9,000

20,000

20,000

Operating lease liabilities

6,296

6,023

5,757

-

-

-

-

-

-

-

-

-

-

-

-

-

Securities sold under agreements to repurchase

-

-

2,104

3,789

2,778

2,463

3,215

5,739

3,296

2,967

3,713

2,883

2,408

1,753

2,100

3,929

Advances from borrowers for taxes and insurance

1,936

2,138

1,376

2,600

1,619

1,961

1,307

2,276

1,643

1,428

797

1,402

1,070

877

588

1,357

Deferred gain on sale - leaseback of building

-

-

-

278

282

285

290

294

298

302

306

310

314

318

322

326

Deferred income taxes, net

317

97

87

112

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

3,039

1,962

2,375

1,606

1,068

1,302

1,436

1,329

1,305

1,138

1,206

1,248

1,255

1,157

1,435

1,669

Total Liabilities

321,773

320,987

323,275

311,515

274,876

289,472

271,307

267,041

233,336

210,943

186,281

185,324

185,849

226,193

163,919

169,052

Shareholders’ Equity
Preferred Stock, $0.01 par value, 2,000,000 shares authorized; no shares issued and outstanding as of March 31, 2020 and December 31, 2019

-

-

-

-

-

-

0

-

0

0

0

0

0

-

-

0

Common Stock, $0.01 par value, 20,000,000 shares authorized; 2,270,725 and 2,269,125 shares issued as of March 31, 2020 and December 31, 2019, respectively; 2,259,052 and 2,268,917 shares outstanding as of March 31, 2020 and December 31, 2019, respectively

23

23

23

23

23

23

23

23

22

22

22

22

22

-

-

-

Treasury Stock, at cost (11,673 shares at March 31, 2020 and 208 shares December 31, 2019)

148

3

3

3

-

-

-

-

-

-

-

-

-

-

-

-

Additional paid-in capital

20,831

20,740

20,676

20,611

20,548

20,487

20,435

20,368

20,369

20,369

20,369

20,369

20,374

-

-

-

Retained earnings

15,122

14,973

14,766

14,156

13,748

13,686

13,547

13,277

13,054

13,962

13,783

13,547

13,368

13,270

13,231

12,978

Accumulated other comprehensive income (loss)

71

-18

-31

70

-302

-548

-734

-648

-618

-301

-148

-111

-282

-323

-35

-7

Unearned Employee Stock Option Plan

2,086

2,116

2,147

2,177

2,208

2,237

2,268

2,299

2,319

2,339

2,362

2,386

2,409

-

-

-

Total Shareholders' Equity

33,813

33,599

33,284

32,680

31,809

31,411

31,003

30,721

30,508

31,713

31,664

31,441

31,073

12,947

13,196

12,971

Total Liabilities and Shareholders' Equity

355,586

354,586

356,559

344,195

306,685

320,883

302,310

297,762

263,844

242,656

217,945

216,765

216,922

239,140

177,115

182,023