| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 |
|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||
Cash and due from banks | |||||||||
91 | 62 | 79 | 75 | 66 | 71 | 60 | 71 | 52 | 78 |
Interest-bearing deposits in banks | |||||||||
469 | 229 | 229 | 124 | 44 | 45 | 59 | 97 | 194 | 108 |
Federal funds sold | |||||||||
- | - | - | - | - | - | 20 | - | - | - |
Total cash and cash equivalents | |||||||||
560 | 291 | 308 | 199 | 111 | 116 | 140 | 169 | 247 | 187 |
Securities: | |||||||||
Available for sale | |||||||||
601 | 501 | 492 | 548 | 563 | 575 | 585 | 507 | 414 | 404 |
Held to maturity, net of allowance for credit losses of $96 at March 31, 2020 (fair value of $29,400 and $29,523 at March 31, 2020, and December 31, 2019, respectively) | |||||||||
28 | 28 | - | - | - | - | - | - | - | - |
Held to maturity | |||||||||
- | - | 28 | 28 | 19 | 19 | 19 | 19 | 19 | 20 |
Securities carried at fair value through income | |||||||||
12 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 12 |
Non-marketable equity securities held in other financial institutions | |||||||||
642 | 541 | 532 | 589 | 594 | 606 | 616 | 538 | 445 | 436 |
Non-marketable equity securities held in other financial institutions | |||||||||
52 | 39 | 49 | 49 | 42 | 42 | 39 | 25 | 22 | 22 |
Loans held for sale ($46,348 and $36,977 at fair value, respectively) | |||||||||
75 | 64 | 67 | 58 | 42 | 52 | 50 | 62 | 48 | 65 |
Loans, net of allowance for credit losses of $56,063 and $37,520, respectively ($17,589 and $17,670 at fair value, respectively) | |||||||||
4,425 | 4,105 | - | - | - | - | - | - | - | - |
Loans, net of allowance for loan losses of $37,520 and $34,203, respectively ($17,670 and $18,571 at fair value, respectively) | |||||||||
- | - | 4,151 | 3,947 | 3,802 | 3,754 | 3,565 | 3,337 | 3,211 | 3,203 |
Premises and equipment, net | |||||||||
80 | 80 | 80 | 80 | 78 | 75 | 74 | 77 | 76 | 77 |
Mortgage servicing rights | |||||||||
16 | 20 | 19 | 21 | 23 | 25 | 26 | 25 | 25 | 24 |
Cash surrender value of bank-owned life insurance | |||||||||
36 | 37 | 37 | 33 | 32 | 32 | 32 | 28 | 28 | 27 |
Goodwill and other intangible assets, net | |||||||||
31 | 31 | 31 | 32 | 32 | 32 | 33 | 24 | 24 | 24 |
Accrued interest receivable and other assets | |||||||||
130 | 110 | 117 | 107 | 111 | 83 | 88 | 83 | 83 | 83 |
Total assets | |||||||||
6,049 | 5,324 | 5,396 | 5,119 | 4,872 | 4,821 | 4,667 | 4,371 | 4,214 | 4,153 |
Liabilities and Stockholders' Equity | |||||||||
Noninterest-bearing deposits | |||||||||
1,115 | 1,077 | 1,154 | 1,003 | 977 | 951 | 976 | 950 | 885 | 832 |
Interest-bearing deposits | |||||||||
2,673 | 2,360 | 2,309 | 2,011 | 2,101 | 2,027 | 1,985 | 1,995 | 2,071 | 2,060 |
Time deposits | |||||||||
766 | 790 | 820 | 839 | 818 | 804 | 765 | 726 | 623 | 619 |
Total deposits | |||||||||
4,556 | 4,228 | 4,284 | 3,855 | 3,898 | 3,783 | 3,727 | 3,672 | 3,580 | 3,512 |
FHLB advances and other borrowings | |||||||||
716 | 417 | 419 | 601 | 335 | 445 | 358 | 139 | 132 | 144 |
Subordinated debentures, net | |||||||||
78 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
Accrued expenses and other liabilities | |||||||||
91 | 69 | 94 | 69 | 61 | 33 | 40 | 31 | 29 | 32 |
Total liabilities | |||||||||
5,443 | 4,725 | 4,808 | 4,535 | 4,304 | 4,271 | 4,135 | 3,852 | 3,752 | 3,698 |
Commitments and contingencies | |||||||||
0 | 0 | - | - | 0 | 0 | 0 | 0 | 34 | 34 |
Stockholders' equity: | |||||||||
Preferred stock, no par value, 2,000,000 shares authorized | |||||||||
0 | 0 | - | 0 | 0 | 0 | - | - | - | - |
Common stock ($5.00 par value; 50,000,000 shares authorized; 23,475,948 and 23,480,945 shares issued at March 31, 2020, and December 31, 2019, respectively) | |||||||||
117 | 117 | 117 | 118 | 118 | 118 | 118 | 117 | 97 | 97 |
Additional paid‑in capital | |||||||||
235 | 235 | 235 | 243 | 242 | 242 | 240 | 238 | 146 | 146 |
Retained earnings | |||||||||
237 | 239 | 229 | 216 | 205 | 191 | 179 | 167 | 156 | 145 |
Accumulated other comprehensive income | |||||||||
15 | 6 | 6 | 5 | 1 | -2 | -6 | -4 | -2 | 1 |
Total stockholders' equity | |||||||||
- | - | - | - | - | - | 531 | 519 | 462 | 455 |
Unearned Defined Contribution Plan Shares | |||||||||
- | - | - | - | - | - | 0 | 0 | 34 | 34 |
Total stockholders' equity | |||||||||
606 | 599 | 588 | 584 | 568 | 549 | 531 | 519 | 427 | 420 |
Total liabilities and stockholders' equity | |||||||||
6,049 | 5,324 | 5,396 | 5,119 | 4,872 | 4,821 | 4,667 | 4,371 | 4,214 | 4,153 |
Preferred Stock Series SBLF | |||||||||
Preferred stock | |||||||||
- | - | - | - | - | - | - | - | - | 48 |
Preferred Stock Series D | |||||||||
Preferred stock | |||||||||
- | - | - | - | - | - | - | - | - | 16 |