$14.45M
Net Interest Income
$-6.79M
Net Income
100.6%
Efficiency Ratio
2.59%
Net Int. Margin
-7.5%
ROE
| Breakdown | Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
Q4 2021 (Dec 31, 2021) |
Q3 2021 (Sep 30, 2021) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest Income | $6.02M | $6.20M | $6.03M | $5.75M | $5.37M | $5.02M | $4.71M | $4.57M | $4.32M | $3.67M | $3.89M | $3.73M | $3.38M |
| Interest Expense | $3.01M | $3.04M | $2.97M | $2.70M | $2.42M | $1.95M | $1.48M | $883.00K | $398.00K | $370.00K | $341.00K | $337.00K | $349.00K |
| Net Interest Income | $3.00M | $3.16M | $3.06M | $3.06M | $2.95M | $3.07M | $3.23M | $3.69M | $3.92M | $3.30M | $3.54M | $3.39M | $3.03M |
| Provision for Credit Losses | $75.00K | $75.00K | - | - | - | - | - | - | - | - | - | - | $30.00K |
| Net Interest Income After Provision | $2.93M | $3.08M | $2.99M | $2.98M | $2.88M | $2.99M | $3.16M | $3.67M | $3.92M | $3.19M | $3.44M | $3.39M | $3.00M |
| Non-Interest Income | $900.00K | $816.00K | $904.00K | $-1.68M | $-1.38M | $920.00K | $770.00K | $751.00K | $479.00K | $118.00K | $391.00K | $899.00K | $628.00K |
| Non-Interest Expense | $4.29M | $4.58M | $4.30M | $4.20M | $3.71M | $4.69M | $4.44M | $4.40M | $4.25M | $3.68M | $3.95M | $4.67M | $3.80M |
| Compensation & Benefits | $2.54M | $2.55M | $2.37M | $2.35M | $2.26M | $3.06M | $2.91M | $2.93M | $2.53M | $2.03M | $2.29M | $3.13M | $2.14M |
| Technology & Equipment | $281.00K | $267.00K | $299.00K | $234.00K | $285.00K | $299.00K | $338.00K | $314.00K | $326.00K | $330.00K | $354.00K | $334.00K | $341.00K |
| Marketing Expense | $9.00K | $7.00K | $8.00K | $39.00K | $54.00K | $21.00K | $49.00K | $38.00K | $33.00K | $99.00K | $14.00K | $27.00K | $52.00K |
| Other Non-Interest Expense | $920.00K | $1.34M | $981.00K | $922.00K | $979.00K | $1.00M | $880.00K | $864.00K | $1.11M | $976.00K | $1.06M | $925.00K | $1.03M |
| Income Before Tax | $-457.00K | $-675.00K | $-406.00K | $-2.90M | $-2.22M | $-781.00K | $-512.00K | $25.00K | $145.00K | $-374.00K | $-115.00K | $-378.00K | $-172.00K |
| Income Tax Expense | $-298.00K | $-159.00K | $-100.00K | $-613.00K | $1.43M | $-273.00K | $-151.00K | $1.00K | $21.00K | $-133.00K | $-60.00K | $-109.00K | $-57.00K |
| Net Income | $-159.00K | $-516.00K | $-306.00K | $-2.28M | $-3.64M | $-508.00K | $-361.00K | $24.00K | $124.00K | $-241.00K | $-55.00K | $-269.00K | $-115.00K |
| Basic EPS | -0.03 | -0.09 | -0.06 | -0.42 | -0.66 | -0.09 | -0.07 | 0.00 | 0.02 | -0.04 | -0.01 | -0.05 | -0.02 |
| Diluted EPS | -0.03 | -0.09 | -0.06 | -0.42 | -0.66 | -0.09 | -0.07 | 0.00 | 0.02 | -0.04 | -0.01 | -0.05 | -0.02 |
| Breakdown | Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
Q4 2021 (Dec 31, 2021) |
Q3 2021 (Sep 30, 2021) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Due from Banks | $23.11M | $15.18M | $14.03M | $11.22M | $23.24M | $18.78M | $24.66M | $26.03M | $13.00M | $19.10M | $46.09M | $65.30M | $84.43M |
| Investment Securities - AFS | $100.31M | $103.36M | $106.39M | $109.56M | $104.64M | $107.63M | $113.41M | $114.49M | $118.41M | $126.68M | $132.72M | $112.44M | - |
| Allowance for Loan Losses | $3.97M | $3.87M | - | - | - | - | - | - | - | - | - | - | - |
| Loans & Leases (Net) | - | - | $393.44M | $394.83M | $382.68M | $380.52M | $366.70M | $359.57M | $354.74M | $349.62M | $323.69M | $323.79M | $330.31M |
| Premises & Equipment | $4.98M | $5.07M | $5.09M | $5.18M | $5.24M | $5.31M | $5.40M | $5.45M | $5.56M | $5.68M | $5.81M | $5.86M | $5.97M |
| Other Assets | $9.01M | $9.65M | $9.62M | $8.99M | $9.91M | $11.98M | $11.58M | $11.24M | $11.40M | $10.20M | $9.12M | $6.11M | $5.89M |
| Total Assets | $564.54M | $561.45M | $564.25M | $557.61M | $554.58M | $553.38M | $551.59M | $543.02M | $529.32M | $535.63M | $546.28M | $539.64M | $541.19M |
| Total Deposits | $395.31M | $398.85M | $399.29M | $403.68M | $386.97M | $371.19M | $371.97M | $387.72M | $379.30M | $383.06M | $390.95M | $384.50M | $374.31M |
| Other Liabilities | $9.27M | $8.52M | $8.28M | $7.82M | $7.58M | $7.73M | $7.23M | $7.15M | $6.80M | $6.30M | $6.83M | $6.83M | $6.64M |
| Total Liabilities | $491.37M | $490.39M | $492.74M | $484.85M | $484.42M | $479.25M | $475.65M | $467.65M | $453.41M | $454.66M | $461.08M | $448.75M | $448.98M |
| Common Stock | $60.00K | $60.00K | $60.00K | $61.00K | $62.00K | $62.00K | $62.00K | $62.00K | $63.00K | $64.00K | $64.00K | $64.00K | $64.00K |
| Retained Earnings | $32.91M | $33.07M | $33.59M | $33.89M | $36.17M | $39.82M | $40.32M | $41.47M | $41.44M | $41.32M | $41.56M | $41.62M | $41.88M |
| Treasury Stock | $295.00K | $295.00K | $295.00K | $295.00K | $295.00K | $295.00K | $301.00K | $301.00K | $301.00K | $301.00K | $301.00K | $301.00K | $311.00K |
| AOCI | $-4.83M | $-6.96M | $-7.15M | $-6.55M | $-11.52M | $-11.21M | $-9.86M | $-11.49M | $-11.89M | $-8.57M | $-5.07M | $142.00K | $842.00K |
| Total Stockholders Equity | $73.17M | $71.06M | $71.51M | $72.76M | $70.16M | $74.13M | $75.94M | $75.36M | $75.90M | $80.97M | $85.20M | $90.89M | $92.21M |
| Total Liabilities & Equity | $564.54M | $561.45M | $564.25M | $557.61M | $554.58M | $553.38M | $551.59M | $543.02M | $529.32M | $535.63M | $546.28M | $539.64M | $541.19M |
| Breakdown | Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
Q4 2021 (Dec 31, 2021) |
Q3 2021 (Sep 30, 2021) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-981.00K | $-516.00K | $-306.00K | $-2.28M | $-4.51M | $-508.00K | $-361.00K | $24.00K | $124.00K | $-241.00K | $-55.00K | $-269.00K | $-115.00K |
| Provision for Credit Losses | $75.00K | $150.00K | - | - | - | - | - | - | - | - | - | - | $30.00K |
| Deferred Taxes | $-557.00K | $-259.00K | $-100.00K | $-613.00K | $1.00M | $-424.00K | $-151.00K | $1.00K | $-172.00K | $-192.00K | $-60.00K | $-109.00K | $45.00K |
| Stock-based Compensation | $116.00K | $73.00K | $37.00K | $20.00K | $109.00K | $77.00K | $47.00K | $49.00K | $151.00K | $101.00K | $51.00K | $187.00K | $59.00K |
| Net Change in Loans HFS | $17.11M | $9.46M | $2.15M | $3.50M | $8.95M | $4.04M | $2.30M | $2.94M | $19.01M | $13.76M | $6.50M | $30.69M | $68.56M |
| Operating Cash Flow | $342.00K | $-1.19M | $-398.00K | $-385.00K | $-324.00K | $-836.00K | $-1.09M | $831.00K | $1.75M | $533.00K | $-433.00K | $-8.24M | $1.48M |
| Purchases of Securities | $2.00M | $2.00M | $14.00K | $28.94M | $21.41M | - | - | $-1.00K | $37.14M | $37.14M | $31.16M | $29.55M | - |
| Sales of Securities | - | - | - | $24.94M | $19.50M | - | - | - | - | - | - | - | - |
| Maturities of Securities | $13.56M | $7.62M | $2.39M | $2.73M | $9.75M | $7.21M | $3.29M | $4.45M | $14.56M | $10.88M | $3.69M | $3.15M | $9.30M |
| Net Change in Loans | $2.94M | $3.99M | $-1.46M | $12.23M | $23.50M | $21.37M | $7.62M | $4.84M | $31.49M | $26.04M | $2.00K | $-15.97M | $1.27M |
| Investing Cash Flow | $8.10M | $1.08M | $3.41M | $-12.89M | $-16.43M | $-15.03M | $-5.82M | $-670.00K | $-54.47M | $-52.49M | $-27.60M | $-10.63M | $-30.36M |
| Net Change in Deposits | $-8.37M | $-4.83M | $-4.40M | $16.71M | $-748.00K | $-16.53M | $-15.76M | $8.42M | $-5.20M | $-1.44M | $6.45M | $10.19M | $-5.53M |
| Financing Cash Flow | $4.00M | $3.68M | $6.74M | $-79.00K | $15.01M | $10.32M | $7.57M | $12.48M | $1.62M | $5.37M | $11.82M | $-1.18M | $23.21M |
| Net Change in Cash | $12.44M | $3.57M | $9.75M | $-13.35M | $-1.74M | $-5.55M | $671.00K | $12.64M | $-51.10M | $-46.58M | $-16.22M | $-20.05M | $-5.67M |
SEC Filing Format - Data shown as it appears in the Q3 2024 (10-Q) filing
Period ended: Sep 30, 2024
Condensed Consolidated Statements of Operations
| Description | Sep 30, 2024 | Sep 30, 2024 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Interest Expense | $3.01M | $2.42M | $8.91M | $5.04M |
| Income Before Tax | $-457.00K | $-2.22M | $-1.54M | $-3.51M |
| Income Tax Expense | $-298.00K | $1.43M | $-557.00K | $1.00M |
| Net Income | $-159.00K | $-3.64M | $-981.00K | $-4.51M |
| Basic EPS | -0.03 | -0.66 | -0.18 | -0.81 |
| Diluted EPS | -0.03 | -0.66 | -0.18 | -0.81 |
| Basic Shares Outstanding | $5.43M | $5.53M | $5.45M | $5.54M |
| Diluted Shares Outstanding | $5.43M | $5.53M | $5.45M | $5.54M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2024 | Dec 31, 2023 |
|---|---|---|
| Property Plant & Equipment | $4.98M | $5.18M |
| Total Assets | $564.54M | $557.61M |
| Total Liabilities | $491.37M | $484.85M |
| Common Stock | $60.00K | $61.00K |
| Retained Earnings | $32.91M | $33.89M |
| Treasury Stock | $295.00K | $295.00K |
| Total Stockholders Equity | $73.17M | $72.76M |
| Total Liabilities & Equity | $564.54M | $557.61M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2024 | Sep 30, 2024 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-159.00K | $-3.64M | $-981.00K | $-4.51M |
| Stock-based Compensation | - | - | $116.00K | $109.00K |
| Deferred Income Tax | - | - | $-557.00K | $1.00M |
| Operating Cash Flow | - | - | $342.00K | $-324.00K |
| Sales of Investments | - | - | $13.56M | $9.75M |
| Investing Cash Flow | - | - | $8.10M | $-16.43M |
| Financing Cash Flow | - | - | $4.00M | $15.01M |
| Net Change in Cash | - | - | $12.44M | $-1.74M |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.