As Reported Financial Statements

Document Name As Of Date Currency Code (in thousands) 2016 Y S-1/A 12/31/2016 USD 2017 Y 10-K 12/31/2017 USD 2018 Y 10-K 12/31/2018 USD 2019 Y 10-Q 12/31/2019 USD 2020 Q1 YTD 10-Q 3/31/2020 USD
Document Name As Of Date Currency Code 2016 Y S-1/A 12/31/2016 USD 2017 Y 10-K 12/31/2017 USD 2018 Y 10-K 12/31/2018 USD 2019 Y 10-Q 12/31/2019 USD 2020 Q1 YTD 10-Q 3/31/2020 USD

Assets

Cash and due from banks
Interest-bearing deposits in other financial institutions
Total cash and cash equivalents
Securities available-for-sale, at fair value
Securities held-to-maturity, at amortized cost
Total investment securities
Loans held-for-sale
Loans held-for-investment, net of deferred loan costs (fees)
Allowance for loan losses
Net loans held-for-investment
Premises and equipment, net
Federal Home Loan Bank and other restricted stock, at cost
Other real estate owned, net NA
0
Deferred tax assets, net
Servicing assets
Operating lease assets NA NA
0
Accrued interest receivable and other assets
Total assets

Liabilities and Shareholders' Equity

Deposits

Noninterest-bearing demand
Savings, NOW and money market accounts
Time deposits of $250,000 or less
Time deposits of more than $250,000
Total deposits
Federal Home Loan Bank advances
0
Operating lease liabilities NA NA
0
Accrued interest payable and other liabilities
Total liabilities
Commitments and contingent liabilities
0
NA NA NA NA
Preferred stock NA
0
0
0
0
Common stock
Additional paid-in capital NA NA NA
Retained earnings
0
Accumulated other comprehensive income (loss), net
Total shareholders' equity
Total liabilities and shareholders' equity
Document Name As Of Date Currency Code (in thousands) 2016 Y 10-K 12/31/2016 USD 2017 Y 10-K 12/31/2017 USD 2018 Y 10-K 12/31/2018 USD 2019 Y 10-K 12/31/2019 USD 2020 Q1 YTD 10-Q 3/31/2020 USD
Document Name As Of Date Currency Code 2016 Y 10-K 12/31/2016 USD 2017 Y 10-K 12/31/2017 USD 2018 Y 10-K 12/31/2018 USD 2019 Y 10-K 12/31/2019 USD 2020 Q1 YTD 10-Q 3/31/2020 USD

Interest income

Interest and fees on loans
Interest on tax-exempt investment securities
Interest on investment securities
Interest and dividends on other interest-earning assets
Total interest income

Interest expense

Interest on deposits
Interest on borrowings
5
Total interest expense
Net interest income
Provision (reversal) for loan losses
Net interest income after provision for loan losses

Noninterest income

Service charges and fees on deposits
Loan servicing income
Gain on sale of loans
Gain on sale of securities available-for-sale
8
0
0
NA
Other income
Total noninterest income

Noninterest expense

Salaries and employee benefits
Occupancy and equipment
Professional fees
Marketing and business promotion
Data processing
Director fees and expenses
Loan related expenses NA NA NA NA
Regulatory assessments
Other expenses
Total noninterest expense
Income before income taxes
Income tax expense
Net income
Earnings per common share, basic
Earnings per common share, diluted
Weighted-average common shares outstanding, basic
Weighted-average common shares outstanding, diluted

Consolidated Statements of Comprehensive Income

Net income

Other comprehensive income

Unrealized gain on securities available-for-sale arising during the period
Reclassification adjustment for net gain included in net income
8
0
0
NA
Income tax benefit related to items of other comprehensive income
Total other comprehensive income, net of tax
Total comprehensive income
Document Name As Of Date Currency Code (in thousands) 2016 Y 10-K 12/31/2016 USD 2017 Y 10-K 12/31/2017 USD 2018 Y 10-K 12/31/2018 USD 2019 Y 10-K 12/31/2019 USD 2020 Q1 YTD 10-Q 3/31/2020 USD
Document Name As Of Date Currency Code 2016 Y 10-K 12/31/2016 USD 2017 Y 10-K 12/31/2017 USD 2018 Y 10-K 12/31/2018 USD 2019 Y 10-K 12/31/2019 USD 2020 Q1 YTD 10-Q 3/31/2020 USD

Cash flows from operating activities

Net income

Adjustments to reconcile net income to net cash provided by (used in) operating activities

Depreciation of premises and equipment
Net amortization of premiums on securities
Net accretion of discounts on loans NA
Net accretion of deferred loan costs (fees)
Amortization of servicing assets
Provision (reversal) for loan losses
Deferred tax benefit
Stock-based compensation
Gain on sale of securities available-for-sale
0
0
NA
Gain on sale of loans
Originations of loans held-for-sale
Proceeds from sales of and principal collected on loans held-for-sale
Change in accrued interest receivable and other assets
Change in accrued interest payable and other liabilities
Net cash provided by (used in) operating activities

Cash flows from investing activities

Purchase of securities available-for-sale
Proceeds from sale of securities available-for-sale
0
0
NA
Proceeds from maturities, calls, and paydowns of securities available-for-sale
Purchase of securities held-to-maturity
0
Proceeds from maturities and paydowns of securities held-to-maturity
Proceeds from sale of loans held-for-sale previously classified as held-for-investment
0
0
Net increase in loans held-for-investment NA
Purchase of loans held-for-investment NA
0
0
NA
Purchase of Federal Home Loan Bank and other restricted stock NA
Proceeds from sale of other real estate owned
0
NA
Net change in loans held-for-investment NA NA NA NA
Purchases of premises and equipment
Net cash used in investing activities

Cash flows from financing activities

Net increase (decrease) in deposits
Proceeds from long-term Federal Home Loan Bank advances
0
0
0
Repayment of long-term Federal Home Loan Bank advances
0
0
NA
Stock options exercised
Stock issued under stock offering, net of expenses
0
0
NA
Repurchase of common stock NA
0
0
Cash dividends paid on common stock
Net cash provided by financing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period

Supplemental disclosures of cash flow information

Interest paid
Income taxes paid

Supplemental disclosures of non-cash investment activities

Loans transferred to loans held-for-sale
0
Loans transferred to other real estate owned
0
0
Right of use assets obtained in exchange for lease obligations NA
0
0
Copyright © 2020, S&P Global Market Intelligence (and its affiliates as applicable). Reproduction of any information, opinions, views, data or material, including ratings (“Content”) in any form is prohibited except with the prior written permission of the relevant party. Such party, its affiliates and suppliers (“Content Providers”) do not guarantee the accuracy, adequacy, completeness, timeliness or availability of any Content and are not responsible for any errors or omissions (negligent or otherwise), regardless of the cause, or for the results obtained from the use of such Content. In no event shall Content Providers be liable for any damages, costs, expenses, legal fees, or losses (including lost income or lost profit and opportunity costs) in connection with any use of the Content. A reference to a particular investment or security, a rating or any observation concerning an investment that is part of the Content is not a recommendation to buy, sell or hold such investment or security, does not address the suitability of an investment or security and should not be relied on as investment advice. Credit ratings are statements of opinions and are not statements of fact.