Severn bancorp inc (SVBI)
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

1,989

2,892

2,478

3,644

3,276

2,880

2,160

2,239

2,291

2,382

1,654

19,759

19,782

39,396

31,451

38,976

39,126

28,366

39,604

35,747

39,102

24,866

25,481

42,508

39,327

44,934

49,534

43,698

45,294

52,781

41,793

49,751

35,223

35,577

32,037

32,825

33,339

Federal funds sold and interest-bearing deposits in other banks

113,647

85,301

62,775

73,693

109,825

185,460

89,156

19,926

16,016

19,471

39,981

14,242

-

27,618

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash and cash equivalents

115,636

88,193

65,253

77,337

113,101

188,340

91,316

22,165

-

21,853

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Federal funds sold and interest-earning deposits in other banks

-

-

-

-

-

-

-

-

-

-

-

-

63,775

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest bearing deposits in other banks

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,042

7,786

9,579

15,225

9,430

13,002

12,542

8,469

6,137

29,480

48,208

41,269

41,315

40,664

40,898

40,611

40,657

40,347

40,559

40,610

40,476

40,548

20,149

Federal funds sold

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,913

4,393

0

6,387

-

-

-

0

0

6,385

12,173

28,946

20,351

16,862

0

5,886

31,970

29,399

11,203

19,275

12,071

17,467

Cash and cash equivalents

-

-

-

-

-

-

-

-

18,307

-

41,635

34,001

83,557

67,014

44,493

48,675

53,098

43,591

55,421

48,749

51,644

33,335

31,618

71,988

93,920

98,376

119,795

104,713

103,054

93,392

88,336

122,068

105,181

87,390

91,788

85,444

70,955

Certificates of deposit held for investment

7,540

7,540

7,540

7,540

8,780

8,780

8,780

8,780

8,780

8,780

-

-

-

100

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Securities available for sale, at fair value

18,842

12,906

9,029

11,031

10,992

11,978

11,950

11,975

12,011

10,119

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Securities available for sale, at fair value

-

-

-

-

-

-

-

-

-

-

3,129

7,171

7,151

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Securities held to maturity (fair value of $23,457 and $26,158 at March 31, 2020 and December 31, 2019, respectively)

22,737

25,960

30,302

33,562

35,793

38,912

43,108

46,487

49,911

54,303

58,764

64,442

59,283

62,757

67,677

72,580

74,757

76,133

76,951

76,824

57,919

59,616

62,297

62,959

43,535

44,661

37,934

30,889

31,940

34,066

36,240

37,293

40,348

40,357

40,325

39,358

27,311

Mortgage loans held for sale, at fair value

21,996

10,910

17,587

17,987

6,660

9,686

9,023

9,444

5,803

4,530

4,871

3,489

2,755

10,307

12,961

13,380

5,724

13,203

12,982

12,945

-

7,165

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans receivable

635,950

645,685

660,879

679,573

-

682,349

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Allowance for loan losses

7,918

7,138

7,431

8,093

8,085

8,044

8,056

8,257

8,169

8,055

7,936

7,718

8,332

8,969

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,059

-

9,601

1,684

6,156

3,726

5,661

11,800

12,037

11,116

6,794

3,851

4,886

4,128

4,998

971

3,426

Loans, net

628,032

638,547

653,448

671,480

674,220

674,305

689,712

686,912

669,912

668,151

650,964

631,444

609,741

610,278

603,473

609,096

592,655

589,656

588,372

602,879

618,627

633,882

620,060

606,128

603,761

602,813

596,499

630,036

638,130

651,709

665,225

663,699

675,801

693,303

711,170

735,340

778,937

Loans, net

-

-

-

-

666,135

-

681,656

678,655

661,743

660,096

643,028

623,726

601,409

601,309

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate acquired through foreclosure

1,684

2,387

1,873

1,430

1,601

1,537

285

295

237

403

1,104

1,015

1,243

973

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted stock investments

2,299

2,431

2,431

2,857

2,856

3,766

3,866

4,227

4,844

4,489

4,699

4,276

4,701

5,103

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Premises and equipment, net

21,731

22,144

22,384

22,452

22,483

22,745

22,931

23,059

23,121

23,139

23,398

23,644

23,792

24,030

24,167

24,007

24,064

24,290

24,550

24,765

24,986

25,159

25,321

25,586

25,812

25,838

26,009

26,361

26,504

26,448

26,587

26,834

26,946

27,218

27,489

27,747

28,327

Accrued interest receivable

2,275

2,458

2,514

2,605

2,632

2,848

2,689

2,604

2,454

2,640

2,503

2,285

2,262

2,249

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

1,691

1,748

1,902

2,167

2,159

2,363

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

3,244

3,993

4,565

5,302

8,002

8,769

9,473

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Foreclosed real estate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,343

1,112

1,737

1,744

1,919

2,092

2,211

1,947

5,024

5,689

5,561

8,972

13,877

13,297

14,895

11,441

13,801

16,329

19,853

19,932

19,158

17,291

20,955

Federal Home Loan Bank stock, at cost

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,230

5,995

5,613

5,626

5,626

5,626

5,583

5,936

5,936

5,936

5,891

6,190

6,190

6,190

6,190

6,520

6,520

6,614

6,943

6,943

7,140

7,322

7,692

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

10,081

10,916

11,239

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Bank owned life insurance

5,414

5,377

5,341

5,303

5,264

5,225

5,186

5,146

5,104

5,064

5,023

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

1,104

1,104

1,104

1,104

1,104

1,104

1,104

1,104

1,104

1,099

-

-

-

334

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

6,374

5,214

5,211

5,257

5,483

2,644

4,185

2,754

3,101

2,970

5,174

2,626

3,114

3,228

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued interest receivable and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,496

8,058

7,786

7,836

8,156

8,043

7,599

9,288

9,456

8,683

8,797

9,027

9,233

15,767

16,848

17,426

18,263

19,956

-

21,892

-

-

-

Accrued interest receivable and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20,513

-

23,945

23,899

24,940

Total assets

857,355

826,919

825,919

862,112

885,043

974,233

889,323

820,688

801,085

804,787

801,330

775,444

798,740

787,485

777,756

794,142

765,434

762,079

773,977

781,923

781,628

776,328

769,313

788,653

793,433

799,603

815,198

839,053

849,598

852,118

861,766

896,644

900,471

901,163

926,013

937,372

962,543

LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities:
Deposits:
Noninterest bearing

165,090

122,901

129,777

133,357

117,811

146,604

86,252

90,031

73,670

72,833

71,515

92,605

77,982

58,145

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest-bearing

525,122

538,148

527,377

552,059

592,062

632,902

607,925

531,584

516,246

529,395

521,977

487,021

515,780

513,801

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total deposits

690,212

661,049

657,154

685,416

709,873

779,506

694,177

621,615

589,916

602,228

593,492

579,626

593,762

571,946

556,610

539,677

524,733

523,771

536,646

544,112

546,535

543,814

537,743

555,780

562,964

571,249

580,915

583,271

593,900

599,394

609,772

643,653

650,473

652,757

678,717

687,842

714,776

Short-term borrowings

-

-

-

-

-

-

-

8,500

8,000

-

4,950

-

-

-

7,000

10,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term borrowings

35,000

35,000

38,498

48,500

48,500

73,500

73,500

73,500

88,500

88,500

88,500

83,500

93,500

103,500

103,500

115,000

115,000

115,000

115,000

115,000

115,000

115,000

115,000

115,000

115,000

115,000

115,000

115,000

115,000

115,000

-

-

115,000

115,000

115,000

115,000

115,000

Long-term borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

115,000

115,000

-

-

-

-

-

Subordinated debentures

20,619

20,619

20,619

20,619

20,619

20,619

20,619

20,619

20,619

20,619

20,619

20,619

20,619

20,619

20,619

24,119

24,119

24,119

24,119

24,119

24,119

24,119

24,119

24,119

24,119

24,119

24,119

24,119

24,119

24,119

24,119

24,119

24,119

24,119

24,119

24,119

24,119

Accrued expenses and other liabilities

5,803

4,779

5,029

4,886

5,223

2,155

5,148

2,413

1,633

2,340

1,759

1,877

2,019

3,490

3,244

5,825

-

12,733

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued interest payable and other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,697

-

12,336

13,547

11,699

9,585

9,712

11,604

8,148

6,466

6,668

7,351

7,230

4,609

5,733

7,006

4,828

2,822

2,962

5,406

2,548

Total liabilities

751,634

721,447

721,300

759,421

784,215

875,780

793,444

726,647

708,668

713,687

709,320

685,622

709,900

699,555

690,973

694,621

678,549

675,623

688,101

696,778

697,353

692,518

686,574

706,503

710,231

716,834

726,702

729,741

740,249

743,122

754,624

789,778

794,420

794,698

820,798

832,367

856,443

Stockholders' Equity:
Preferred stock, $0.01 par value, 1,000,000 shares authorized: Preferred stock series ''A,'' 437,500 shares issued and outstanding and $3,500 liquidation preference at December 31, 2017

-

-

-

-

-

-

-

-

4

4

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock, $0.01 par value, 20,000,000 shares authorized; 12,812,976 and 12,810,926 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively

128

128

128

128

128

128

127

127

122

122

122

121

121

121

121

121

101

101

101

101

101

101

101

101

101

101

101

101

101

101

101

101

101

101

101

101

101

Additional paid-in capital

65,992

65,944

65,744

65,696

65,662

65,538

65,216

65,157

65,060

65,137

65,290

64,214

64,098

64,471

63,778

77,055

76,451

76,335

76,239

76,141

76,043

75,848

75,733

75,618

75,501

75,374

75,271

75,179

75,086

74,996

74,917

74,839

74,761

74,683

74,604

74,516

74,352

Retained earnings

39,497

39,445

38,750

36,878

35,087

32,860

30,642

28,858

27,320

25,872

26,598

25,477

24,632

23,334

22,880

22,341

10,329

10,016

9,532

8,899

8,127

7,857

6,901

6,427

7,596

7,290

13,120

34,028

34,158

33,895

32,120

31,922

31,185

31,677

30,506

30,384

31,643

Accumulated other comprehensive income (loss)

104

-45

-3

-11

-49

-73

-106

-101

-89

-35

-4

6

-15

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total stockholders' equity

105,721

105,472

104,619

102,691

100,828

98,453

95,879

94,041

92,417

91,100

92,010

89,822

88,840

87,930

86,783

99,521

86,885

86,456

85,876

85,145

84,275

83,810

82,739

82,150

83,202

82,769

88,496

109,312

109,349

108,996

107,142

106,866

106,051

106,465

105,215

105,005

106,100

Total liabilities and stockholders' equity

857,355

826,919

825,919

862,112

885,043

974,233

889,323

820,688

801,085

804,787

801,330

775,444

798,740

787,485

777,756

794,142

765,434

762,079

773,977

781,923

781,628

776,328

769,313

788,653

793,433

799,603

815,198

839,053

849,598

852,118

861,766

896,644

900,471

901,163

926,013

937,372

962,543