Financial Statements

As Reported Financials

Source Document Currency Code (in units) 2013 Y 12/31/2014 USD 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2016 USD
Source Document Currency Code 2013 Y 12/31/2014 USD 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2016 USD

Assets

Cash and due from banks 9,382,205 7,171,000 6,473,858 7,681,393
Federal funds sold NA NA 1,808,331 1,674,540
Interest-bearing demand deposits in banks NA NA 27,305,911 40,582,306
Interest-bearing 28,821 30,682 NA NA
Cash and cash equivalents 38,202,830 37,853,000 35,588,100 49,938,239
Certificates of deposit 0 14,197,000 15,449,182 9,298,816
Available-for-sale investment securities 183,532,735 190,707,000 222,916,058 212,481,378
Loans held for sale 453,589 644,000 1,743,431 1,806,618
Loans 664,397 657,114 NA NA
Allowance for loan losses (9,939) (10,057) NA NA
Loans, net of allowance for loan losses 654,457,805 647,057,000 702,243,305 743,286,026
Premises and equipment 13,305,551 12,422,000 12,379,622 11,983,661
Federal Home Loan Bank stock 6,811,200 5,738,000 4,382,800 4,810,000
Interest receivable NA NA 4,690,398 4,830,475
Insurance contracts 23,246,128 25,445,000 26,321,028 26,574,465
Goodwill and core deposits intangible 13,959 13,856 NA NA
Goodwill NA NA 14,638,658 14,638,658
Core deposits intangible NA NA 816,588 726,684
Other assets 14,712,163 12,877,000 8,906,668 7,490,791
Total assets 948,681,358 960,796,000 1,050,075,838 1,087,865,811

Liabilities and Stockholders' Equity

Liabilities

Deposits
Noninterest bearing 147,177,777 175,765,000 204,748,255 239,659,817
Interest bearing 564,462,667 553,582,000 598,831,748 621,336,806
Total deposits 711,640,444 729,347,000 803,580,003 860,996,623
Short-term borrowings 39,901,956 41,331,000 39,559,137 16,882,639
Long-term debt 71,500,000 57,000,000 68,000,000 68,000,000
Junior subordinated debt 10,310,000 10,310,000 10,310,000 10,310,000
Interest payable NA NA 669,769 662,057
Other liabilities 10,573,482 9,924,000 10,079,373 8,868,911
Total liabilities 843,925,882 847,912,000 932,198,282 965,720,230

Stockholders' Equity

Common stock and surplus 35,619,709 37,311,000 37,563,758 37,889,850
Retained earnings 75,948,340 81,834,000 87,896,536 94,532,607
Accumulated other comprehensive income (loss) 1,342,007 2,693,000 1,898,031 (532,261)
Treasury stock (8,154,580) (8,954,000) (9,480,769) (9,744,615)
Total stockholders' equity 104,755,476 112,884,000 117,877,556 122,145,581
Total liabilities and stockholders' equity 948,681,358 960,796,000 1,050,075,838 1,087,865,811
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.