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As-Reported Financials

As Reported Financials

Source Document Currency Code (in thousands) 2012 Y 12/31/2013 USD 2013 Y 12/31/2014 USD 2014 Y 12/31/2015 USD 2015 Y 9/30/2016 USD 2016 Q3 YTD 9/30/2016 USD
Source Document Currency Code 2012 Y 12/31/2013 USD 2013 Y 12/31/2014 USD 2014 Y 12/31/2015 USD 2015 Y 9/30/2016 USD 2016 Q3 YTD 9/30/2016 USD

Assets

Cash and due from banks 17,149 32,710 12,504 21,119 30,442
Federal Funds Sold 0 1,350 0 NA NA
Cash and cash equivalents 17,149 34,060 12,504 21,119 30,442
Available-for-sale investment securities at fair value 135,288 121,659 172,202 152,379 121,688
Held-to-maturity investment securities 66,024 65,299 59,454 67,829 73,789
Total investment securities 201,312 186,958 231,656 220,208 195,477
Loans held for sale NA 0 617 NA NA
Loans 396,498 415,354 455,603 481,758 509,475
Allowance for credit losses (6,838) (4,623) (4,906) (4,935) (5,303)
Net loans 389,660 410,731 450,697 476,823 504,172
Restricted stock 3,426 2,903 2,587 3,447 3,623
Office property and equipment, net 8,456 8,218 7,668 6,806 9,033
Accrued interest receivable 2,470 2,297 2,253 2,410 2,639
Other real estate owned & other repossessed property 1,237 1,096 901 2,581 2,939
Bank owned life insurance (BOLI) 8,625 8,863 9,098 9,326 9,492
Core deposit intangible 181 111 82 66 56
Net deferred taxes 3,561 3,788 3,446 3,733 3,592
Other assets 3,491 2,448 1,821 2,299 8,807
Total assets 639,568 661,473 723,330 748,818 770,272

Liabilities and Stockholders' Equity

Liabilities

Non-interest-bearing deposits 85,055 101,853 102,107 125,581 146,731
Interest-bearing deposits
NOW 161,844 170,427 205,816 185,973 169,400
Money market 122,953 130,835 143,483 137,555 160,312
Savings 58,256 60,090 66,634 72,660 73,867
Time 102,316 95,542 76,805 66,018 71,920
Brokered deposits NA 0 10,238 18,488 23,313
Total deposits 530,424 558,747 605,083 606,275 645,543
Federal Home Loan Bank of Pittsburgh (FHLBP) advances 20,000 10,000 20,000 30,000 20,000
Repurchase agreements 17,014 19,854 19,221 32,416 19,483
Junior subordinated debentures 9,279 9,279 9,279 9,279 9,279
Subordinated debt NA NA 0 9,750 9,750
Other borrowings 571 541 505 464 431
Total borrowings 46,864 39,674 49,005 81,909 58,943
Accrued interest payable 421 376 351 345 329
Other liabilities 5,154 4,093 4,983 4,801 6,240
Total liabilities 582,863 602,890 659,422 693,330 711,055
Commitments and contingencies 0 0 0 NA NA

Stockholders' Equity

Preferred stock 12,978 12,995 13,000 0 0
Common stock 2,899 2,910 2,931 2,955 2,975
Treasury stock (2,999) (2,629) (2,301) (2,015) (1,805)
Surplus 34,274 34,441 34,745 35,097 35,614
Retained earnings 10,236 13,239 17,132 21,436 23,504
Accumulated other comprehensive loss (683) (2,373) (1,599) (1,985) (1,071)
Total stockholders' equity 56,705 58,583 63,908 55,488 59,217
Total liabilities and stockholders' equity 639,568 661,473 723,330 748,818 770,272
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.