Malvern bancorp, inc. (MLVF)
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'12Sep'11
ASSETS
Cash and due from depository institutions

1,829

1,337

1,400

1,535

1,370

1,377

1,563

1,447

1,566

1,636

1,615

1,622

1,716

1,598

1,297

1,331

1,304

16,334

16,026

3,460

1,056

1,404

1,203

1,155

1,336

1,126

1,251

1,275

1,414

1,273

1,413

1,447

Interest bearing deposits in depository institutions

124,239

158,465

152,143

148,501

109,450

98,499

29,271

45,934

120,144

127,006

115,521

111,805

64,036

61,683

95,465

77,052

56,739

40,036

24,237

20,833

50,587

46,648

17,984

41,300

12,909

21,544

22,436

66,108

86,203

114,647

130,497

32,049

Cash and Cash Equivalents

126,068

159,802

153,543

150,036

110,820

99,876

30,834

47,381

121,710

128,642

117,136

113,427

65,752

63,281

96,762

78,383

58,043

56,370

40,263

24,293

51,643

48,052

19,187

42,455

14,245

22,670

23,687

67,383

87,617

115,920

131,910

33,496

Investment securities available for sale, at fair value (amortized cost of $21,994 and $18,522, respectively)

21,839

23,723

18,411

23,552

19,371

19,231

24,298

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

125,451

103,536

85,208

-

74,389

Investment securities available for sale, at fair value

-

-

-

-

-

-

-

34,348

44,341

44,503

14,587

16,811

61,672

65,108

66,387

80,555

100,895

116,767

128,354

130,509

113,557

135,786

100,943

104,985

122,208

123,826

124,667

-

-

-

80,508

-

Investment securities held to maturity (fair value of $18,434 and $22,609, respectively)

18,046

20,578

22,485

23,323

26,789

29,323

30,092

31,004

33,052

33,893

34,915

36,027

37,060

38,160

40,551

45,834

52,272

54,914

57,221

59,243

50,697

-

0

-

-

-

-

-

-

-

-

3,797

Restricted stock, at cost

10,913

11,115

11,129

10,404

8,952

9,493

8,537

8,781

8,583

5,930

5,559

5,458

5,397

5,416

5,424

5,548

5,553

4,762

4,765

4,369

4,602

3,805

3,503

3,495

3,376

3,236

3,038

3,718

3,711

3,654

4,147

5,349

Loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

304

-

-

-

657

-

-

-

-

-

-

-

-

-

-

-

-

Loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,367

-

-

-

-

-

Loans receivable, net of allowance for loan losses of $10,556 and $10,095, respectively

1,002,907

992,629

1,007,714

1,009,959

997,114

924,639

902,136

893,355

837,314

806,764

834,331

800,337

752,708

668,427

574,160

553,971

515,094

461,491

391,307

371,897

377,340

383,389

386,074

392,582

409,058

407,306

401,857

423,943

446,142

446,271

457,001

506,019

Other real estate owned

5,796

5,796

5,796

5,796

5,796

5,796

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

700

700

1,168

1,168

1,366

1,430

1,494

1,964

1,645

2,358

2,472

3,962

5,134

4,339

3,788

4,594

8,321

Accrued interest receivable

4,121

4,061

4,253

4,237

4,344

3,724

3,800

3,571

3,583

3,344

3,139

2,837

3,177

2,899

2,558

2,714

2,622

2,722

2,484

2,404

2,168

1,623

1,322

1,300

1,380

1,438

1,404

1,501

1,373

1,440

1,521

1,897

Operating lease right-of-use assets

2,959

3,119

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property and equipment, net

6,476

6,594

6,678

6,795

6,948

7,067

7,181

7,240

7,357

7,374

7,507

7,182

6,896

6,769

6,637

6,654

6,490

6,486

6,535

6,502

6,592

6,718

6,823

6,897

7,031

7,140

7,259

7,380

7,452

7,571

7,675

8,165

Deferred income taxes

2,974

2,806

2,840

3,542

3,434

3,367

3,195

3,920

3,713

3,791

6,671

7,912

7,881

8,449

8,827

1,598

2,202

2,874

2,874

2,816

2,940

2,419

2,376

2,575

2,532

2,510

2,464

8,791

7,429

6,881

6,775

7,465

Bank-owned life insurance

20,144

20,018

19,891

19,766

19,643

19,524

19,403

19,282

19,163

19,045

18,923

18,798

18,673

18,548

18,418

18,289

18,161

18,033

17,905

18,659

18,527

18,397

18,264

21,003

20,863

21,486

21,341

21,196

21,035

14,890

15,286

14,760

Other assets

13,869

8,341

12,482

8,468

7,029

6,452

4,475

4,693

4,500

3,872

3,244

2,119

2,599

1,945

1,548

1,755

1,954

1,561

2,814

1,529

1,610

1,487

1,808

1,151

1,503

1,957

1,508

1,410

1,542

2,407

2,395

2,910

Total Assets

1,236,112

1,258,582

1,265,222

1,265,878

1,210,240

1,128,492

1,033,951

1,053,575

1,083,316

1,057,158

1,046,012

1,010,908

961,815

879,002

821,272

796,305

763,986

727,148

655,690

624,244

631,106

603,170

542,264

578,088

584,554

594,041

601,554

665,907

684,176

688,030

711,812

666,568

LIABILITIES AND SHAREHOLDERS’ EQUITY
Liabilities
Deposits:
Deposits-non-interest-bearing

42,874

41,273

55,684

48,580

42,937

39,734

41,677

48,296

38,444

45,756

42,121

50,097

45,303

35,184

34,547

29,416

30,720

28,260

27,010

26,877

25,111

22,342

23,059

22,782

24,756

24,638

24,761

21,895

26,061

23,823

23,062

19,833

Deposits-interest-bearing

873,026

902,546

898,127

908,619

899,437

803,466

732,486

739,636

787,125

751,343

748,275

709,582

658,969

623,439

567,499

549,627

518,070

506,441

438,512

416,341

419,035

418,283

389,894

423,254

433,967

446,363

459,835

495,243

508,036

511,253

517,926

534,622

Total Deposits

915,900

943,819

953,811

957,199

942,374

843,200

774,163

787,932

825,569

797,099

790,396

759,679

704,272

658,623

602,046

579,043

548,790

534,701

465,522

443,218

444,146

440,625

412,953

446,036

458,723

471,001

484,596

517,138

534,097

535,076

540,988

554,455

Federal Home Loan Bank (FHLB) line of credit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,000

-

-

-

-

-

-

-

FHLB advances

133,000

133,000

133,000

133,000

98,000

118,000

118,000

123,000

118,000

118,000

118,000

118,000

118,000

118,000

118,000

123,000

123,000

103,000

103,000

93,000

98,000

78,000

48,000

48,000

43,000

43,000

38,000

48,000

48,000

48,000

48,085

49,098

Other short-term borrowings

-

-

-

-

-

-

2,500

2,500

2,500

5,000

5,000

-

10,000

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Subordinated debt

24,697

24,658

24,619

24,579

24,540

24,500

24,461

24,421

24,382

24,342

24,303

24,263

25,000

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Advances from borrowers for taxes and insurance

2,593

2,344

1,761

3,345

2,244

2,142

1,305

3,148

2,463

2,895

1,553

3,546

3,224

2,534

1,659

3,935

3,213

2,790

1,806

4,245

4,367

3,134

1,786

4,416

3,132

2,911

1,118

3,571

2,483

4,663

1,006

651

Accrued interest payable

873

1,271

978

1,443

859

1,251

784

1,095

713

1,099

694

1,060

649

448

427

436

436

398

396

346

307

251

149

148

128

133

139

269

264

238

266

233

Operating lease liabilities

2,976

3,128

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock subscription escrow

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

56,677

0

Other liabilities

12,923

6,827

8,545

6,644

4,655

3,720

1,915

3,506

4,327

5,527

3,546

3,927

2,076

2,293

2,983

3,241

3,857

3,601

2,217

3,623

4,260

3,275

2,604

2,821

2,302

2,383

2,295

2,380

2,398

1,983

2,154

1,847

Total Liabilities

1,092,962

1,115,047

1,122,714

1,126,210

1,072,672

992,813

923,128

945,602

977,954

953,962

943,492

910,475

863,221

781,898

725,115

709,655

679,296

644,490

572,941

544,432

551,080

525,285

465,492

501,421

509,285

519,428

526,148

571,358

587,242

589,960

649,176

606,284

Commitments and Contingencies

-

-

-

-

-

-

-

0

0

0

0

-

0

0

0

-

-

-

-

0

0

0

0

0

0

0

0

0

0

0

0

0

Shareholders’ Equity
Preferred stock, $0.01 par value, 10,000,000 shares authorized, none issued

-

-

-

-

-

-

-

0

0

0

0

-

0

0

0

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock, $0.01 par value, 50,000,000 shares authorized; 7,798,769 and 7,668,571 shares issued and outstanding, respectively, at March 31, 2020 and 7,782,258 and 7,765,395 shares issued and outstanding, respectively, at September 30, 2019

77

78

78

78

78

78

66

66

66

66

66

66

66

66

66

66

66

66

66

66

66

66

66

66

66

66

66

66

66

66

62

62

Additional paid-in-capital

84,939

84,860

84,783

84,705

84,559

84,481

61,099

60,985

60,886

60,811

60,736

60,670

60,536

60,495

60,461

60,437

60,412

60,387

60,365

60,346

60,331

60,322

60,317

60,314

60,313

60,311

60,302

60,296

60,291

60,286

25,846

25,889

Retained earnings

62,437

60,529

59,744

57,045

54,389

52,423

50,412

47,770

45,536

43,542

43,139

41,184

39,465

38,295

37,322

28,013

26,424

25,158

25,172

22,650

21,445

20,437

20,116

19,822

19,431

19,857

19,793

38,563

38,422

-

38,596

-

Unearned Employee Stock Ownership Plan (ESOP) shares

1,120

1,156

1,192

1,229

1,265

1,302

1,338

1,374

1,411

1,447

1,483

1,520

1,556

1,592

1,629

1,665

1,702

1,739

1,775

1,811

1,848

1,885

1,922

1,958

1,994

2,030

2,067

2,103

2,140

2,176

2,032

2,178

Accumulated other comprehensive loss

-1,071

-440

-569

-595

-190

-1

584

526

285

224

62

33

83

-160

-63

-201

-510

-1,214

-1,079

-1,439

32

-1,055

-1,805

-1,577

-2,547

-3,591

-2,688

-2,273

295

627

641

351

Retained earnings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

39,267

-

36,637

Treasury stock, at cost: 130,198 shares and 16,863 shares at March 31, 2020 and September 30, 2019, respectively

2,112

336

336

336

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

477

477

Total Shareholders’ Equity

143,150

143,535

142,508

139,668

137,568

135,679

110,823

107,973

105,362

103,196

102,520

100,433

98,594

97,104

96,157

86,650

84,690

82,658

82,749

79,812

80,026

77,885

76,772

76,667

75,269

74,613

75,406

94,549

96,934

98,070

62,636

60,284

Total Liabilities and Shareholders’ Equity

1,236,112

1,258,582

1,265,222

1,265,878

1,210,240

1,128,492

1,033,951

1,053,575

1,083,316

1,057,158

1,046,012

1,010,908

961,815

879,002

821,272

796,305

763,986

727,148

655,690

624,244

631,106

603,170

542,264

578,088

584,554

594,041

601,554

665,907

684,176

688,030

711,812

666,568