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Customize Items
$48.44M
Net Interest Income
$4.07M
Net Income
81.7%
Efficiency Ratio
3.38%
Net Int. Margin
2.7%
ROE
Financial Statements Annual (10-K)
Showing 5 of 14 annual reports available (2011 - 2024)
Breakdown TTM
(Sep 30, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
Interest Income $65.83M $68.57M $66.16M $55.30M $46.57M $52.88M
Interest Expense $19.76M $20.13M $14.33M $4.48M $2.79M $6.99M
Net Interest Income $46.08M $48.44M $51.83M $50.81M $43.77M $45.89M
Provision for Credit Losses $6.34M $5.03M $313.00K $1.83M - -
Net Interest Income After Provision $39.74M $43.42M $51.52M $48.99M $45.01M $45.83M
Non-Interest Income $6.87M $5.79M $4.42M $5.98M $5.69M $5.37M
Non-Interest Expense $44.74M $44.18M $43.18M $41.13M $40.94M $38.44M
Compensation & Benefits $21.37M $23.15M $22.23M $21.58M $22.64M $21.32M
Occupancy Expense $7.50M $7.32M $8.05M $7.98M $7.52M $7.36M
Technology & Equipment $3.94M $3.96M $3.73M $3.57M $3.08M $3.19M
Marketing Expense $672.00K $496.00K $762.00K $690.00K $742.00K $564.00K
Professional Fees $2.76M $1.54M $1.33M $1.29M $1.34M $1.36M
Other Non-Interest Expense $6.73M $5.97M $4.95M $4.16M $3.11M $2.86M
Income Before Tax $1.86M $5.02M $12.75M $13.84M $9.76M $12.76M
Income Tax Expense $-452.00K $948.00K $3.36M $3.34M $2.35M $3.60M
Net Income $2.32M $4.07M $9.39M $10.49M $7.41M $9.16M
Basic EPS 0.19 0.33 0.74 0.80 0.53 nan
Breakdown FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
Cash & Due from Banks $20.65M $19.78M $12.05M $9.10M $14.12M
Interest-Bearing Deposits $64.18M $158.70M $54.73M $493.07M $489.38M
Total Investment Securities $360.53M $182.72M $210.34M $85.69M $23.83M
Allowance for Loan Losses $7.57M $8.35M $8.13M $6.71M -
Loans & Leases (Net) - - $1.23B $1.04B $1.00B
Premises & Equipment $22.89M $22.95M $24.96M $25.04M $24.68M
Other Assets $7.48M $11.16M $7.04M $8.82M $8.92M
Total Assets $1.43B $1.49B $1.58B $1.70B $1.60B
Total Deposits $1.22B $1.26B $1.37B $1.49B $1.39B
Total Liabilities $1.28B $1.33B $1.42B $1.54B $1.42B
Common Stock $125.00K $125.00K $127.00K $132.00K $148.00K
Retained Earnings $73.51M $74.43M $71.81M $66.55M $64.75M
AOCI $-562.00K $-2.62M $-6.11M $80.00K $213.00K
Total Stockholders Equity $156.38M $155.38M $151.67M $157.47M $172.93M
Total Liabilities & Equity $1.43B $1.49B $1.58B $1.70B $1.60B
Breakdown TTM
(Sep 30, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
Net Income $2.32M $4.07M $9.39M $10.49M $7.41M $9.16M
Provision for Credit Losses $6.34M $5.03M $313.00K $1.83M - -
Depreciation & Amortization - $163.00K $1.54M $1.26M $2.07M $1.79M
Operating Cash Flow $4.59M $7.56M $9.22M $9.29M $7.77M $13.52M
Sales of Securities - - $42.63M - - -
Maturities of Securities $1.35B $327.18M $33.74M $2.89M $20.23M $77.76M
Investing Cash Flow $-4.95M $-46.14M $197.92M $-316.77M $-101.13M $199.07M
Net Change in Deposits $56.18M $-44.08M $-113.31M $-113.50M $94.89M $108.79M
Common Stock Repurchased - $156.00K $2.39M $4.87M $17.12M $4.61M
Dividends Paid $8.72M $4.99M $5.06M $5.23M $5.62M $5.98M
Financing Cash Flow $31.81M $-55.08M $-95.43M $-127.91M $92.03M $100.58M
Net Change in Cash $31.45M $-93.66M $111.71M $-435.39M $-1.33M $313.17M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $1.00M $915.00K $2.86M $2.56M
Interest Expense $5.07M $5.22M $14.64M $14.97M
Income Before Tax $2.83M $2.57M $4.47M $7.62M
Income Tax Expense $471.00K $581.00K $386.00K $1.79M
Net Income $2.36M $1.99M $4.08M $5.84M
Basic EPS 0.19 0.16 0.33 0.47
Basic Shares Outstanding $12.46M $12.46M $12.46M $12.46M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $82.74M $84.83M
Short-term Investments $11.84M $34.16M
Property Plant & Equipment $22.13M $22.89M
Total Assets $1.45B $1.43B
Total Liabilities $1.30B $1.28B
Common Stock $125.00K $125.00K
Retained Earnings $73.86M $73.51M
Total Stockholders Equity $157.35M $156.38M
Total Liabilities & Equity $1.45B $1.43B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $2.36M $1.99M $4.08M $5.84M
Operating Cash Flow - - $-830.00K $3.30M
Purchases of Investments - - $798.84M $274.01M
Sales of Investments - - $633.40M $169.46M
Investing Cash Flow - - $-16.93M $6.23M
Stock Repurchased - - - $156.00K
Dividends Paid - - $3.74M $3.74M
Financing Cash Flow - - $15.67M $-72.80M
Net Change in Cash - - $-2.09M $-63.27M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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