Annual Review 2019

financial summary

Consolidated statements of income

12/31/19

12/31/18

INTEREST INCOME

Loans, Including Fees Investment Securities Other

$94,852

$78,033

7,773 1,153

6,694

499

Total Interest Income

103,778

85,226

Interest expense Deposits Notes Payable Federal Home Loan Bank Advances

23,996

15,972 594 1,718 1,568

501

3,407 1,556

Subordinated Debentures Federal Funds Purchased Total Interest Expense NET INTEREST INCOME Provision for loan losses net interest income after provision for loan losses noninterest income Customer Services Fees Net Gain (Loss) on Sales of Available for Sale Securities Net Gain (Loss) on Sales of Foreclosed Assets Other Income Total Noninterest Income Noninterest expense Salaries and Employee Benefits Occupancy and Equipment Other Expense

186

636

29,646

20,488

74,132

64,738

2,700

3,575

Locally founded. locally led.

71,432

61,163

760 516

745

(125) (225) 2,148

69

2,481

3,826

2,543

22,076 3,085

18,620

2,351

11,771

10,591

Total Noninterest Expense

36,932

31,562

income before income taxes provision for income taxes

38,326

32,144

6,923

5,224

Contents Consolidated statements of income consolidated balance sheets consolidated shareholders’ equity

net income

$

$

31,403

26,920

19 20

*Dollars in thousands

21

board of directors

22-23 24-25

Strategic leadership team

18

19