| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 |
|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||
Cash and cash equivalents | |||||||||
104 | 103 | 49 | 50 | 35 | 33 | 77 | 34 | 39 | 63 |
Securities available-for-sale | |||||||||
230 | 180 | 205 | 218 | 226 | 204 | 199 | 196 | 160 | 150 |
Federal Home Loan Bank stock | |||||||||
12 | 11 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 |
Mortgage loans held for sale, at fair value | |||||||||
18 | 13 | 26 | 22 | - | 5 | - | - | - | - |
Mortgage loans held for sale, at fair value | |||||||||
- | - | - | - | 14 | - | 9 | 3 | 1 | 4 |
Loans: | |||||||||
Total loans | |||||||||
1,466 | 1,227 | 1,168 | 1,166 | 1,131 | 1,126 | 1,114 | 1,045 | 1,051 | 1,034 |
Less: Allowance for loan losses | |||||||||
12 | 12 | 12 | 12 | 11 | 11 | 11 | 11 | 11 | 11 |
Net loans | |||||||||
1,453 | 1,214 | 1,156 | 1,154 | 1,119 | 1,114 | 1,103 | 1,034 | 1,039 | 1,023 |
Premises and equipment, net | |||||||||
16 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
Goodwill | |||||||||
36 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
Other intangible assets, net | |||||||||
3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other real estate owned | |||||||||
2 | 0 | - | - | - | - | - | - | - | - |
Bank-owned life insurance | |||||||||
17 | 12 | 12 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
Income tax benefit | |||||||||
0 | 1 | 0 | 0 | 1 | 2 | 3 | 2 | 3 | 3 |
Interest receivable and other assets | |||||||||
39 | 21 | - | - | - | - | - | - | - | - |
Other assets | |||||||||
- | - | 27 | 16 | 15 | 12 | 10 | 8 | 12 | 12 |
Total assets | |||||||||
1,936 | 1,584 | 1,509 | 1,505 | 1,456 | 1,416 | 1,446 | 1,322 | 1,300 | 1,301 |
Liabilities | |||||||||
Deposits: | |||||||||
Noninterest-bearing demand deposits | |||||||||
410 | 325 | 322 | 317 | 293 | 309 | 380 | 320 | 298 | 324 |
Interest-bearing demand deposits | |||||||||
105 | 62 | 66 | 50 | 53 | 52 | 50 | 57 | 68 | 62 |
Money market and savings deposits | |||||||||
401 | 313 | 332 | 315 | 319 | 287 | 238 | 247 | 278 | 289 |
Time deposits | |||||||||
554 | 433 | 473 | 545 | 485 | 484 | 461 | 440 | 467 | 443 |
Total deposits | |||||||||
1,470 | 1,135 | 1,194 | 1,229 | 1,151 | 1,134 | 1,130 | 1,065 | 1,112 | 1,120 |
Borrowings | |||||||||
211 | 212 | 111 | 76 | 117 | 99 | 146 | 86 | 52 | 47 |
Subordinated notes | |||||||||
44 | 44 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
Other liabilities | |||||||||
34 | 22 | 20 | 21 | 16 | 15 | 9 | 12 | 9 | 10 |
Total liabilities | |||||||||
1,761 | 1,414 | 1,341 | 1,342 | 1,300 | 1,264 | 1,300 | 1,179 | 1,190 | 1,193 |
Shareholders' equity | |||||||||
Common stock, no par value per share: | |||||||||
Authorized—20,000,000 shares Issued and outstanding—7,730,822 shares at March 31, 2020 and 7,750,216 shares at December 31, 2019 | |||||||||
88 | 89 | 89 | 89 | 89 | 90 | 90 | 90 | 60 | 59 |
Retained earnings | |||||||||
81 | 77 | 73 | 69 | 66 | 62 | 59 | 56 | 52 | 49 |
Accumulated other comprehensive income, net of tax | |||||||||
5 | 3 | 5 | 4 | 0 | -1 | -4 | -3 | -2 | -0 |
Stockholders' Equity Attributable to Parent | |||||||||
175 | 170 | 167 | 162 | 156 | 151 | 145 | 143 | 110 | 107 |
Total liabilities and shareholders' equity | |||||||||
1,936 | 1,584 | 1,509 | 1,505 | 1,456 | 1,416 | 1,446 | 1,322 | 1,300 | 1,301 |
Originated | |||||||||
Total loans | |||||||||
1,188 | 1,158 | 1,093 | 1,088 | 1,051 | 1,041 | - | - | - | 920 |
Acquired | |||||||||
Total loans | |||||||||
278 | 69 | 75 | 78 | 79 | 84 | - | - | - | 114 |