Select bancorp, inc. (SLCT)
Balance Sheet / Yearly
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'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
ASSETS
Cash and due from banks

20,030

19,110

20,052

20,397

15,586

17,059

18,719

20,997

14,477

16,554

15,518

13,791

13,619

14,372

15,538

14,896

10,795

12,567

11,926

13,210

9,495

14,417

33,641

23,678

23,075

20,151

11,711

22,065

15,665

13,498

18,832

15,731

14,360

18,478

15,857

8,349

7,071

Interest-earning deposits in other banks

35,544

50,920

53,093

100,584

44,894

121,303

103,674

62,498

69,666

37,996

36,793

43,512

46,169

40,342

57,456

54,582

56,401

49,842

37,629

14,326

24,187

22,810

37,064

46,740

47,729

49,690

71,920

77,784

91,547

97,081

75,971

56,558

64,019

55,590

55,637

36,921

21,648

Certificates of deposit

-

-

500

500

1,000

1,000

1,000

1,000

1,500

1,500

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

1,000

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Federal funds sold

11,673

9,047

10,728

21,961

9,809

0

0

0

15,125

6,645

-

-

-

0

-

-

-

-

0

0

2,006

20,183

23,029

3,028

3,028

3,028

3,028

3,029

3,029

3,029

3,028

3,028

3,028

3,028

3,028

19,529

7,183

Investment securities available for sale, at fair value

64,738

72,367

76,941

-

-

51,533

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment securities available for sale, at fair value

-

-

-

83,102

86,727

-

52,264

55,733

59,326

63,774

53,705

56,852

60,408

62,257

65,662

69,879

77,122

80,709

84,124

86,938

101,265

102,235

103,437

79,904

79,367

83,836

86,476

68,738

74,674

81,491

67,339

71,808

72,901

67,854

74,735

76,813

89,899

Loans held for sale

1,606

928

1,714

826

354

580

1,297

349

442

98

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans held for sale, at fair value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

406

432

-

-

-

1,552

-

-

-

-

Loans

1,039,514

1,029,975

1,014,928

997,062

991,801

986,040

992,805

992,885

978,275

982,626

763,432

738,021

706,758

677,195

651,743

632,187

629,619

617,398

597,969

573,729

558,923

552,038

546,475

333,868

345,827

346,500

349,087

355,651

360,431

367,892

386,096

390,403

399,760

417,624

439,410

458,523

470,484

Allowance for loan losses

10,586

8,324

8,056

8,303

8,510

8,669

9,089

9,528

8,957

8,835

8,647

8,488

8,022

8,411

7,889

7,692

7,527

7,021

7,032

6,842

6,919

6,844

6,529

6,447

7,025

7,054

6,858

7,218

7,775

7,897

8,588

8,510

9,568

10,034

10,338

10,378

10,015

NET LOANS

1,028,928

1,021,651

1,006,872

988,759

983,291

977,371

983,716

983,357

969,318

973,791

754,785

729,533

698,736

668,784

643,854

624,495

622,092

610,377

590,937

566,887

552,004

545,194

539,946

327,421

338,802

339,446

342,229

348,433

352,656

359,995

377,508

381,893

390,192

407,590

429,072

448,145

460,469

Accrued interest receivable

3,839

4,189

3,902

4,028

4,120

3,889

4,023

3,888

3,763

3,997

2,949

2,646

2,524

2,768

2,484

2,406

2,408

2,350

2,308

2,268

2,273

2,416

2,258

1,466

1,587

1,650

1,753

1,530

1,557

1,636

1,909

1,628

1,797

2,003

2,212

2,352

2,488

Stock in Federal Home Loan Bank of Atlanta ("FHLB"), at cost

3,059

3,045

3,045

3,045

3,342

3,283

3,454

3,882

3,674

2,490

1,712

2,141

2,147

2,251

2,340

2,318

2,318

2,112

2,049

2,049

1,487

1,524

1,626

562

562

796

796

796

796

973

973

1,034

1,248

1,248

1,325

1,365

1,448

Other non-marketable securities

718

719

719

718

738

762

800

876

905

1,019

630

666

703

703

750

757

753

705

763

845

832

896

1,021

1,041

1,055

1,055

1,040

1,040

973

1,105

1,143

1,075

1,118

1,080

1,132

1,082

1,082

Foreclosed real estate

3,737

3,533

1,442

1,468

1,046

1,100

1,020

1,497

1,525

1,258

2,093

2,702

883

599

548

716

1,888

1,401

1,007

1,030

1,187

1,585

1,687

1,169

1,233

2,008

2,164

2,370

2,340

2,833

2,849

3,859

2,391

3,031

3,230

3,380

3,655

Premises and equipment held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1,113

1,113

-

-

-

Premises and equipment, net

17,868

17,791

18,150

18,274

17,715

17,920

17,984

18,141

18,183

18,268

17,353

17,517

17,703

17,931

18,118

18,614

18,979

19,078

17,974

18,401

17,391

17,599

17,608

10,930

10,909

10,900

10,882

10,894

10,879

10,939

11,044

11,096

11,175

11,243

12,501

12,650

12,930

Right of use lease asset

8,414

8,596

8,776

8,953

8,750

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Bank owned life insurance

29,950

29,789

29,621

29,451

29,282

29,117

28,944

28,772

28,600

28,431

22,610

22,466

22,324

22,183

22,036

21,888

21,740

21,592

21,435

21,277

21,121

20,966

10,883

8,578

8,521

8,463

8,404

8,345

8,286

8,228

8,167

8,106

8,044

7,981

7,917

7,854

7,727

Goodwill

24,579

24,579

24,579

24,579

24,579

24,579

24,579

24,579

24,579

24,904

6,931

6,931

6,931

6,931

6,931

6,931

6,931

6,931

6,931

6,931

7,077

6,931

5,003

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Core deposit intangible ("CDI")

1,431

1,610

1,803

2,011

1,866

2,085

2,318

2,564

2,826

3,101

547

629

716

810

909

1,014

1,125

1,241

1,196

1,320

1,470

1,625

-

-

-

182

-

-

-

-

-

-

-

-

-

-

-

Assets held for sale

-

-

0

0

668

668

668

796

796

846

846

846

846

846

1,214

1,246

846

846

1,056

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Core deposit intangible

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,786

124

153

-

211

240

269

298

327

356

516

545

583

622

699

Other assets

7,380

7,202

7,697

8,141

8,310

6,288

7,696

7,802

7,846

9,463

5,277

5,292

4,915

4,863

5,934

5,846

5,997

6,264

6,160

5,961

5,567

6,740

5,994

3,641

4,255

4,441

4,404

4,338

4,414

4,347

8,743

7,510

7,542

8,867

9,351

10,073

10,597

TOTAL ASSETS

1,263,494

1,275,076

1,269,634

1,316,797

1,242,077

1,258,525

1,252,156

1,216,731

1,222,551

1,194,135

922,749

906,524

879,624

846,640

844,774

826,588

830,395

817,015

786,495

742,443

748,362

766,121

784,983

508,282

520,276

525,646

545,018

550,008

567,517

585,453

577,833

563,682

580,996

589,651

616,580

629,135

626,896

LIABILITIES AND SHAREHOLDERS' EQUITY
Deposits:
Demand

250,031

240,305

243,889

252,666

240,262

247,007

242,266

236,793

233,689

227,066

173,231

168,635

167,316

163,569

177,237

156,640

153,732

148,304

147,162

133,545

132,520

129,831

128,402

82,030

83,491

85,347

81,259

78,581

83,591

92,265

76,821

72,683

77,151

74,569

76,120

75,986

70,363

Savings

41,815

43,128

43,355

46,037

48,080

51,811

51,403

55,906

62,970

69,503

34,214

35,162

37,621

38,394

37,859

39,870

39,696

37,353

36,444

38,221

38,448

37,000

38,698

17,315

17,753

16,597

17,543

19,277

22,919

22,139

23,374

23,985

25,472

24,461

25,491

24,708

22,541

Money market and NOW

306,051

280,145

283,414

292,629

262,169

254,482

259,109

259,689

264,846

250,864

192,685

174,169

180,080

174,205

169,996

172,241

173,694

179,450

171,322

162,040

169,248

166,511

177,592

118,833

123,839

124,635

129,328

128,833

128,317

122,727

-

-

-

92,600

-

-

-

Money market and NOW

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

108,935

95,374

94,148

-

95,793

96,099

97,096

Time

384,754

429,260

417,015

438,918

400,455

427,127

421,383

441,096

447,976

447,611

374,892

361,687

328,121

303,493

292,029

292,523

300,532

286,054

265,007

245,803

260,304

285,560

299,401

210,556

216,215

221,879

231,682

238,798

248,156

261,428

272,190

279,142

293,195

309,747

329,768

342,019

344,599

TOTAL DEPOSITS

982,651

992,838

987,673

1,030,250

950,966

980,427

974,161

993,484

1,009,481

995,044

775,022

739,653

713,138

679,661

677,121

661,274

667,654

651,161

619,935

579,609

600,520

618,902

644,093

428,734

441,298

448,458

459,812

465,489

482,983

498,559

481,320

471,184

489,966

501,377

527,172

538,812

534,599

Short-term debt

20,000

0

0

0

7,000

7,000

11,002

21,071

32,173

28,279

22,366

33,559

33,306

37,090

38,175

30,505

31,218

29,673

30,722

32,884

18,943

20,733

18,077

7,179

7,624

6,305

14,207

13,858

14,658

17,848

26,195

22,953

23,301

21,877

23,850

-

23,666

Other short term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23,746

-

Long-term debt

37,372

57,372

57,372

57,372

57,372

57,372

57,372

57,372

39,372

19,372

12,372

22,839

22,939

23,039

22,372

28,415

28,559

28,703

28,846

24,914

25,258

25,591

26,049

12,372

12,372

12,372

12,372

12,372

12,372

12,372

12,372

12,372

12,372

14,372

14,372

14,372

16,372

Lease liability

8,669

8,813

8,951

9,086

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease liability

-

-

-

-

8,842

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued interest payable

536

578

596

637

519

667

579

528

499

427

302

241

212

221

190

251

252

232

204

197

224

276

290

207

217

225

235

241

261

281

293

281

307

330

321

378

395

Accrued expenses and other liabilities

2,181

2,700

2,993

2,607

3,927

3,448

4,337

3,574

3,353

14,898

2,868

2,215

3,467

2,356

3,725

4,612

3,502

2,544

3,243

3,287

3,326

2,934

2,479

2,239

2,242

2,282

2,401

2,645

2,403

2,214

3,982

3,938

3,273

2,149

1,916

2,862

2,172

TOTAL LIABILITIES

1,051,409

1,062,301

1,057,585

1,099,952

1,028,626

1,048,914

1,047,451

1,076,029

1,084,878

1,058,020

812,930

798,507

773,062

742,367

741,583

725,057

731,185

712,313

682,950

640,891

648,271

668,436

690,988

450,731

463,753

469,642

489,027

494,605

512,677

531,274

524,162

510,728

529,219

540,105

567,631

580,170

577,204

Shareholders' Equity:
Preferred stock, no par value, 5,000,000 shares authorized; 0 shares issued and outstanding at March 31, 2020 and December 31, 2019

-

-

-

-

0

0

0

0

0

0

0

0

0

0

0

0

0

7,645

7,645

7,645

7,645

7,645

7,645

0

0

0

0

0

0

0

0

-

-

0

-

-

-

Common stock, $1.00 par value, 50,000,000 shares authorized; 18,055,692 and 18,330,058 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively

18,056

18,330

18,513

19,262

19,326

19,312

19,296

14,025

14,014

14,009

11,663

11,662

11,662

11,645

11,632

11,619

11,584

11,583

11,577

11,499

11,459

11,378

11,349

6,931

6,922

6,922

6,921

6,922

6,917

6,914

6,914

6,914

6,914

6,860

6,860

6,914

6,914

Common stock receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

242

-

Additional paid-in capital

138,788

140,870

142,878

150,275

150,877

150,718

150,615

96,032

95,916

95,850

69,753

69,725

69,702

69,597

69,475

69,405

69,251

69,061

69,024

68,814

68,685

68,406

66,199

42,132

42,069

42,062

42,058

42,051

42,021

42,000

41,993

41,985

41,975

41,851

41,836

42,072

41,887

Retained earnings

53,779

52,675

49,634

46,395

42,947

39,640

35,186

30,865

27,755

25,858

27,903

26,124

24,788

22,673

21,068

19,329

17,422

15,923

14,305

12,973

11,171

9,447

8,188

8,013

7,400

7,128

6,889

6,239

4,980

4,187

3,452

2,820

1,662

-450

-1,049

-1,026

-287

Common stock issued to deferred compensation trust, at cost; 317,756 and 319,753 shares outstanding at March 31, 2020 and December 31, 2019, respectively

2,791

2,815

2,730

2,652

2,652

2,615

2,557

2,477

2,477

2,518

2,413

2,397

2,300

2,340

2,261

2,224

2,170

2,139

2,139

2,060

2,082

2,121

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Directors' Deferred Compensation Plan Rabbi Trust

2,791

2,815

2,730

2,652

2,652

2,615

2,557

2,477

2,477

2,518

2,413

2,397

2,300

2,340

2,261

2,224

-

2,139

-

-

-

-

-

-

-

-1,976

-

-

-

-

-

-

-

-

-

-

-

Directors Deferred Compensation Plan Rabbi Trust

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,170

-

-2,139

-2,060

-2,082

-2,121

-

-

-

-1,976

-

-

-

-

-

-

-

-

-

-

-

Accumulated other comprehensive income

1,462

900

1,024

913

301

-59

-392

-220

-12

398

500

506

410

358

1,016

1,178

953

490

994

621

1,131

809

614

475

132

-108

123

191

922

1,078

1,312

1,235

1,226

1,285

1,302

1,247

1,178

TOTAL SHAREHOLDERS' EQUITY

212,085

212,775

212,049

216,845

213,451

209,611

204,705

140,702

137,673

136,115

109,819

108,017

106,562

104,273

103,191

101,531

99,210

104,702

103,545

101,552

100,091

97,685

93,995

57,551

56,523

56,004

55,991

55,403

54,840

54,179

53,671

52,954

51,777

49,546

48,949

48,965

49,692

TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY

1,263,494

1,275,076

1,269,634

1,316,797

1,242,077

1,258,525

1,252,156

1,216,731

1,222,551

1,194,135

922,749

906,524

879,624

846,640

844,774

826,588

830,395

817,015

786,495

742,443

748,362

766,121

784,983

508,282

520,276

525,646

545,018

550,008

567,517

585,453

577,833

563,682

580,996

589,651

616,580

629,135

626,896