Online Banking

As-Reported Financials

As Reported Financials

Source Document Currency Code (in thousands) 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 9/30/2018 USD 2018 Q3 YTD 9/30/2018 USD
Source Document Currency Code 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 9/30/2018 USD 2018 Q3 YTD 9/30/2018 USD

Assets

Cash and due from banks 12,504 21,119 22,103 10,917 10,702
Federal Funds Sold 0 NA NA NA NA
Cash and cash equivalents 12,504 21,119 22,103 10,917 10,702
Available-for-sale investment securities at fair value 172,202 152,379 115,184 111,783 99,161
Held-to-maturity investment securities 59,454 67,829 67,022 62,390 62,069
Total investment securities 231,656 220,208 182,206 174,173 161,230
Loans held for sale 617 NA 0 651 0
Loans 455,603 481,758 817,529 845,897 908,293
Allowance for credit losses (4,906) (4,935) (5,373) (5,843) (6,559)
Net loans 450,697 476,823 812,156 840,054 901,734
Restricted stock 2,587 3,447 5,381 7,641 5,864
Office property and equipment, net 7,668 6,806 9,243 8,649 7,881
Accrued interest receivable 2,253 2,410 3,567 3,822 4,210
Other real estate owned & other repossessed property 901 2,581 2,767 5,012 5,077
Bank owned life insurance (BOLI) 9,098 9,326 9,552 9,314 9,472
Core deposit intangible 82 66 537 435 364
Goodwill NA 0 15,590 15,525 15,525
Net deferred taxes 3,446 3,733 5,250 2,980 3,084
Other assets 1,821 2,299 2,333 2,742 2,972
Total assets 723,330 748,818 1,070,685 1,081,915 1,128,115

Liabilities and Stockholders' Equity

Liabilities

Non-interest-bearing deposits 102,107 125,581 173,467 176,815 168,311
Interest-bearing deposits
NOW 205,816 185,973 224,219 199,310 213,707
Money market 143,483 137,555 184,783 221,726 227,797
Savings 66,634 72,660 86,176 81,050 78,996
Time 76,805 66,018 187,256 140,490 154,021
Brokered deposits 10,238 18,488 29,286 41,812 97,049
Total deposits 605,083 606,275 885,187 861,203 939,881
Federal Home Loan Bank of Pittsburgh (FHLBP) advances 20,000 30,000 55,332 79,013 36,952
Repurchase agreements 19,221 32,416 11,889 12,023 4,089
Junior subordinated debentures 9,279 9,279 9,279 9,279 9,279
Subordinated debt 0 9,750 9,750 9,750 9,750
Other borrowings 505 464 418 2,738 13,554
Total borrowings 49,005 81,909 86,668 112,803 73,624
Accrued interest payable 351 345 534 554 557
Other liabilities 4,983 4,801 3,456 5,413 5,994
Total liabilities 659,422 693,330 975,845 979,973 1,020,056
Commitments and contingencies 0 0 0 NA NA

Stockholders' Equity

Preferred stock 13,000 NA NA NA NA
Common stock 2,931 2,955 4,351 4,379 4,393
Treasury stock (2,301) (2,015) (1,730) (1,429) (1,196)
Surplus 34,745 35,097 68,973 69,110 69,316
Retained earnings 17,132 21,436 25,520 32,272 39,523
Accumulated other comprehensive loss (1,599) (1,985) (2,274) (2,390) (3,977)
Total stockholders' equity 63,908 55,488 94,840 101,942 108,059
Total liabilities and stockholders' equity 723,330 748,818 1,070,685 1,081,915 1,128,115
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.