People's utah bancorp (PUB)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Dec'14
ASSETS
Cash and cash equivalents:
Cash and due from banks

36

38

45

38

36

39

27

33

32

36

26

28

25

26

29

21

20

19

20

18

30

Interest-bearing deposits

120

171

195

64

106

7

23

17

9

13

173

26

62

37

67

59

20

20

119

113

16

Federal funds sold

1

1

100

90

0

1

4

0

0

1

6

3

2

3

0

5

5

2

1

5

0

Total cash and cash equivalents

157

211

340

192

144

48

54

52

41

51

206

57

90

67

98

86

46

42

142

137

47

Investment securities:
Investment securities - available for sale, at fair value

577

405

319

334

347

280

255

236

249

263

226

325

334

335

326

280

313

332

311

276

295

Held to maturity, at amortized cost

-

-

-

-

-

65

67

67

73

74

75

77

78

73

61

61

64

65

49

37

35

Total investment securities

-

-

319

334

347

346

322

304

323

337

302

402

412

409

387

342

377

398

360

314

330

Non-marketable equity securities

2

2

2

2

2

2

4

6

5

3

1

1

1

1

1

1

1

2

1

1

2

Loans held for sale

21

18

19

18

7

10

8

11

10

10

10

7

13

20

15

11

13

17

9

9

12

Loans:
Loans held for investment

1,642

1,680

1,675

1,672

1,676

1,678

1,718

1,691

1,687

1,627

1,215

1,201

1,152

1,119

1,105

1,095

1,070

1,047

993

991

940

Allowance for credit losses

41

31

30

28

25

25

23

22

20

18

17

17

16

16

16

16

15

15

15

15

15

Total loans held for investment, net

1,601

1,649

1,644

1,644

1,650

1,653

1,695

1,669

1,666

1,609

1,197

1,184

1,135

1,103

1,089

1,079

1,054

1,032

977

975

925

Premises and equipment, net

39

39

37

37

37

36

36

29

29

30

26

23

22

21

22

22

22

22

22

22

21

Goodwill

25

25

25

25

25

25

25

25

25

26

-

-

-

-

-

-

-

-

-

-

-

Bank-owned life insurance

27

27

26

26

26

26

26

26

25

23

20

19

19

19

19

19

19

19

19

6

6

Deferred income tax assets, net

8

9

9

9

10

11

11

10

10

8

10

9

9

9

8

7

7

8

7

7

7

Accrued interest receivable

8

7

8

8

8

8

8

7

7

7

6

5

5

5

5

5

5

5

5

5

5

Other intangibles

2

2

3

3

3

3

3

3

3

3

-

-

-

0

-

-

-

-

-

-

-

Other real estate owned

-

-

-

-

-

-

2

-

-

0

0

0

0

0

0

0

0

0

0

0

1

Other assets

4

4

5

7

6

11

12

14

12

9

6

5

5

5

5

5

5

6

6

7

5

Total assets

2,477

2,406

2,444

2,311

2,270

2,184

2,212

2,161

2,163

2,123

1,790

1,718

1,717

1,665

1,653

1,583

1,555

1,555

1,553

1,488

1,367

LIABILITIES AND SHAREHOLDERS’ EQUITY
Deposits:
Non-interest bearing deposits

737

719

777

707

655

642

677

646

664

641

527

465

462

443

464

429

407

408

428

387

327

Interest bearing deposits

1,385

1,336

1,324

1,274

1,295

1,234

1,194

1,135

1,141

1,173

1,000

995

1,005

981

947

916

916

900

904

886

872

Total deposits

2,122

2,056

2,101

1,981

1,951

1,877

1,871

1,781

1,806

1,814

1,528

1,461

1,468

1,425

1,411

1,346

1,324

1,309

1,332

1,274

1,199

Short-term borrowings

-

-

-

-

-

-

42

90

79

40

3

3

3

3

3

2

2

27

2

2

1

Accrued interest payable

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Dividends payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

Other liabilities

14

17

19

16

17

16

18

17

13

11

12

13

11

8

13

13

13

9

11

9

6

Total liabilities

2,136

2,073

2,121

1,999

1,969

1,894

1,933

1,890

1,899

1,866

1,544

1,478

1,483

1,437

1,428

1,362

1,340

1,346

1,347

1,287

1,209

Commitments and contingencies

-

-

-

-

-

-

-

-

0

-

0

0

0

0

0

0

0

0

0

0

0

Shareholders’ equity:
Preferred shares, $0.01 par value: 3,000,000 shares authorized; no shares issued

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

Common shares, $0.01 par value: 30,000,000 shares authorized; 18,787,810 and 18,870,498 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Additional paid-in capital

86

87

87

87

86

86

86

85

85

84

70

69

69

68

68

68

67

67

66

66

31

Retained earnings

244

242

233

224

216

207

199

190

182

174

175

170

165

160

155

150

146

142

138

134

125

Accumulated other comprehensive income

9

1

1

0

-1

-4

-5

-4

-3

-2

-0

-0

-0

-1

0

1

1

-0

1

0

0

Total shareholders’ equity

340

332

322

312

301

290

279

271

263

257

245

239

234

228

225

220

215

209

206

201

157

Total liabilities and shareholders’ equity

2,477

2,406

2,444

2,311

2,270

2,184

2,212

2,161

2,163

2,123

1,790

1,718

1,717

1,665

1,653

1,583

1,555

1,555

1,553

1,488

1,367