$33.49M
Net Interest Income
$9.62M
Net Income
74.8%
Efficiency Ratio
2.53%
Net Int. Margin
8.0%
ROE
| Breakdown | 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) |
Q2 2021 (Jun 30, 2021) |
Q1 2021 (Mar 31, 2021) |
Q4 2020 (Dec 31, 2020) |
Q3 2020 (Sep 30, 2020) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest Income | $14.27M | $12.82M | $11.16M | $11.03M | $10.96M | $10.12M | $9.56M | $9.05M | $9.85M | $9.76M | $9.82M | $9.08M | $10.15M | $10.58M |
| Interest Expense | $6.92M | $5.39M | $3.74M | $3.35M | $2.15M | $1.07M | $797.00K | $767.00K | $1.09M | $1.16M | $1.32M | $1.45M | $1.65M | $1.67M |
| Net Interest Income | $7.35M | $7.43M | $7.41M | $7.68M | $8.81M | $9.05M | $8.76M | $8.29M | $8.77M | $8.60M | $8.49M | $7.63M | $8.49M | $8.91M |
| Provision for Credit Losses | $107.00K | $98.00K | $417.00K | $47.00K | $28.00K | - | - | - | - | - | - | - | - | - |
| Net Interest Income After Provision | $7.25M | $7.33M | $7.00M | $7.63M | $8.78M | $9.10M | $8.71M | $8.19M | $8.64M | $7.63M | $8.26M | $7.55M | $8.19M | $8.66M |
| Non-Interest Income | $919.00K | $3.21M | $2.26M | $2.36M | $2.71M | $2.88M | $2.76M | $2.53M | $2.67M | $3.29M | $2.99M | $3.23M | $2.97M | $2.64M |
| Other Non-Interest Income | $680.00K | $1.10M | $300.00K | $412.00K | $709.00K | - | - | - | - | - | - | - | - | - |
| Non-Interest Expense | $9.36M | $9.08M | $9.04M | $8.70M | $8.50M | $8.94M | $8.43M | $8.30M | $9.16M | $8.74M | $8.98M | $8.47M | $8.36M | $8.65M |
| Compensation & Benefits | $4.52M | $4.66M | $4.71M | $4.70M | $4.29M | $4.51M | $4.41M | $4.44M | $4.59M | $4.72M | $4.58M | $4.57M | $4.34M | $4.39M |
| Occupancy Expense | $-2.49M | $1.94M | $1.86M | $1.84M | $-2.26M | $1.97M | $1.71M | $1.77M | $-2.15M | $1.74M | $1.79M | $1.82M | $-1.40M | $1.86M |
| Other Non-Interest Expense | $2.63M | $2.49M | $2.47M | $2.16M | $2.21M | $2.46M | $2.31M | $2.09M | $1.86M | $2.29M | $2.61M | $2.08M | $2.21M | $2.40M |
| Income Before Tax | $-1.19M | $1.46M | $221.00K | $1.29M | $2.99M | $3.04M | $3.04M | $2.43M | $2.16M | $2.19M | $2.27M | $2.31M | $2.80M | $2.64M |
| Income Tax Expense | $-397.00K | $248.00K | $-79.00K | $154.00K | $531.00K | $463.00K | $497.00K | $390.00K | $349.00K | $307.00K | $362.00K | $413.00K | $575.00K | $560.00K |
| Net Income | $-793.00K | $1.21M | $300.00K | $1.14M | $2.46M | $2.58M | $2.54M | $2.04M | $1.81M | $1.88M | $1.91M | $1.90M | $2.23M | $2.08M |
| Basic EPS | -0.14 | 0.22 | 0.05 | 0.20 | 0.44 | 0.46 | 0.45 | 0.36 | 0.32 | 0.34 | 0.34 | 0.34 | 0.40 | 0.37 |
| Diluted EPS | -0.14 | 0.22 | 0.05 | 0.20 | 0.44 | 0.46 | 0.45 | 0.36 | 0.32 | 0.34 | 0.34 | 0.34 | 0.40 | 0.37 |
| Breakdown | 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) |
Q2 2021 (Jun 30, 2021) |
Q1 2021 (Mar 31, 2021) |
Q4 2020 (Dec 31, 2020) |
Q3 2020 (Sep 30, 2020) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Due from Banks | $14.55M | $14.06M | $17.09M | $15.60M | $26.95M | $13.26M | $14.27M | $13.23M | $10.67M | $17.80M | $16.05M | $26.67M | $16.84M | $13.71M |
| Interest-Bearing Deposits | $79.92M | $130.32M | $862.00K | $606.00K | $1.65M | - | - | - | $68.56M | - | - | - | - | - |
| Investment Securities - AFS | $177.79M | $183.53M | $196.87M | $201.74M | $201.32M | $198.55M | $563.80M | $600.77M | $631.84M | $574.19M | $542.67M | $774.25M | $678.75M | $582.70M |
| Loans & Leases (Gross) | - | - | - | - | $585.59M | - | - | - | $571.85M | - | - | - | - | - |
| Allowance for Loan Losses | $6.55M | $6.39M | $6.40M | $6.02M | $5.26M | - | - | - | $4.51M | - | - | - | - | - |
| Loans & Leases (Net) | - | - | - | - | $580.33M | $573.60M | $584.50M | $578.42M | $567.33M | $605.71M | $629.69M | $634.40M | $647.52M | $651.14M |
| Premises & Equipment | $27.07M | $27.35M | $27.38M | $27.56M | $27.70M | $27.80M | $26.44M | $26.63M | $26.66M | $26.57M | $25.45M | $25.63M | $25.63M | $25.14M |
| Other Assets | $8.97M | $9.11M | $7.31M | $6.35M | $4.68M | $4.77M | $5.37M | $4.93M | $4.09M | $4.17M | $5.82M | $6.39M | $6.41M | $22.05M |
| Total Assets | $1.40B | $1.41B | $1.29B | $1.29B | $1.32B | $1.33B | $1.30B | $1.35B | $1.36B | $1.36B | $1.34B | $1.55B | $1.45B | $1.37B |
| Total Deposits | $1.17B | $1.19B | $1.10B | $1.12B | $1.13B | $1.13B | $1.12B | $1.15B | $1.11B | $1.11B | $1.13B | $1.23B | $1.10B | $1.05B |
| Short-term Borrowings | $158.09M | - | - | $1.73M | $127.57M | - | - | - | - | - | - | - | - | - |
| Other Liabilities | $4.49M | $5.76M | $4.50M | $4.28M | $2.40M | $2.69M | $2.90M | $2.38M | $2.89M | $3.46M | $5.58M | $4.37M | $4.50M | $5.44M |
| Total Liabilities | $1.36B | $1.38B | $1.25B | $1.25B | $1.28B | $1.30B | $1.27B | $1.29B | $1.26B | $1.25B | $1.23B | $1.44B | $1.33B | $1.26B |
| Common Stock | $1.12M | $1.12M | $1.12M | $1.12M | $1.12M | $1.12M | $1.12M | $1.12M | $1.12M | $1.12M | $1.12M | $1.12M | $1.12M | $1.12M |
| Retained Earnings | $99.35M | $101.05M | $100.74M | $101.33M | $102.53M | $101.41M | $100.17M | $98.97M | $98.28M | $97.81M | $97.28M | $96.71M | $96.16M | $95.27M |
| AOCI | $-76.29M | $-86.38M | $-80.24M | $-79.82M | $-83.07M | $-88.30M | $-93.74M | $-55.48M | $-11.79M | $-9.81M | $-7.04M | $-9.53M | $4.14M | $3.02M |
| Total Stockholders Equity | $42.77M | $34.34M | $40.14M | $41.12M | $39.02M | $32.64M | $25.93M | $62.95M | $105.90M | $107.38M | $109.57M | $106.48M | $119.55M | $117.50M |
| Total Liabilities & Equity | $1.40B | $1.41B | $1.29B | $1.29B | $1.32B | $1.33B | $1.30B | $1.35B | $1.36B | $1.36B | $1.34B | $1.55B | $1.45B | $1.37B |
| Breakdown | 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) |
Q2 2021 (Jun 30, 2021) |
Q1 2021 (Mar 31, 2021) |
Q4 2020 (Dec 31, 2020) |
Q3 2020 (Sep 30, 2020) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-793.00K | $1.21M | $1.44M | $1.14M | $2.46M | $2.58M | $2.54M | $2.04M | $1.81M | $1.88M | $3.80M | $1.90M | $2.23M | $4.71M |
| Provision for Credit Losses | $107.00K | $98.00K | $417.00K | - | $28.00K | - | - | - | - | - | - | - | - | - |
| Operating Cash Flow | $1.14M | $4.39M | $2.08M | $1.31M | $2.90M | $10.86M | $6.78M | $2.98M | $2.58M | $14.91M | $12.39M | $4.84M | $3.80M | $10.24M |
| Purchases of Securities | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Maturities of Securities | $2.68M | $8.65M | $5.49M | $2.60M | $2.71M | $36.69M | $28.26M | $15.80M | $18.11M | $132.77M | $114.33M | $77.73M | $58.68M | $179.03M |
| Net Change in Loans | $55.00M | $1.74M | $-10.89M | $-18.46M | $6.81M | $6.36M | $17.31M | $11.18M | $-38.25M | $-37.28M | $-14.26M | $-11.16M | $-3.30M | $80.54M |
| Capital Expenditures | $85.00K | $633.00K | $328.00K | $179.00K | $431.00K | $2.21M | $479.00K | $250.00K | $367.00K | $2.23M | $329.00K | $259.00K | $748.00K | $1.27M |
| Investing Cash Flow | $-32.52M | $22.73M | $26.89M | $25.54M | $2.13M | $-90.48M | $-59.54M | $-39.15M | $-23.54M | $122.16M | $93.32M | $-104.55M | $-74.66M | $-180.26M |
| Net Change in Deposits | $-24.62M | $68.30M | $-23.33M | $-10.58M | $-8.53M | $23.04M | $6.09M | $37.69M | $-2.09M | $18.79M | $32.17M | $134.43M | $46.03M | $150.16M |
| Net Change in Short-term Borrowings | - | - | - | $1.73M | - | - | - | - | - | - | - | - | - | - |
| Dividends Paid | $899.00K | $3.14M | $2.24M | $1.35M | $1.34M | $4.03M | $2.69M | $1.34M | $1.34M | $4.03M | $2.68M | $1.34M | $1.34M | $4.02M |
| Financing Cash Flow | $-18.52M | $88.67M | $-39.62M | $-39.24M | $-12.22M | $36.17M | $14.81M | $29.38M | $6.27M | $-85.45M | $-106.50M | $109.53M | $73.98M | $167.79M |
| Net Change in Cash | $-49.91M | $115.79M | $-10.65M | $-12.39M | $-7.19M | - | - | - | - | - | - | - | - | - |
SEC Filing Format - Data shown as it appears in the Q3 2023 (10-Q) filing
Period ended: Sep 30, 2023
Condensed Consolidated Statements of Operations
| Description | Sep 30, 2023 | Sep 30, 2023 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Interest Expense | $5.39M | - | $12.49M | - |
| Income Before Tax | $1.46M | - | $2.97M | - |
| Income Tax Expense | $248.00K | - | $323.00K | - |
| Net Income | $1.21M | $2.54M | $2.65M | - |
| Basic EPS | 0.22 | - | 0.47 | - |
| Diluted EPS | 0.22 | - | 0.47 | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2023 | Dec 31, 2022 |
|---|---|---|
| Cash & Cash Equivalents | $144.38M | $28.59M |
| Property Plant & Equipment | $27.35M | $27.70M |
| Total Assets | $1.41B | $1.32B |
| Total Liabilities | $1.38B | $1.28B |
| Common Stock | $1.12M | $1.12M |
| Retained Earnings | $101.05M | $102.53M |
| Total Stockholders Equity | $34.34M | $39.02M |
| Total Liabilities & Equity | $1.41B | $1.32B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2023 | Sep 30, 2023 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $1.21M | $2.54M | $2.65M | - |
| Operating Cash Flow | - | - | $4.39M | - |
| Capital Expenditure | - | - | $633.00K | - |
| Sales of Investments | - | - | $8.65M | - |
| Investing Cash Flow | - | - | $22.73M | - |
| Dividends Paid | - | - | $3.14M | - |
| Financing Cash Flow | - | - | $88.67M | - |
| Net Change in Cash | - | - | $115.79M | - |
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.