Online Banking
| Balance Sheet ($000) | September 30, 2018 (unaudited) |
December 31, 2017 |
December 31, 2016 |
| Total Assets | 306,596 | 294,578 | 288,032 |
| Total Net Loans | 195,529 | 173,681 | 154,225 |
| Total Securities | 90,006 | 99,652 | 112,092 |
| Total Deposits | 267,076 | 267,760 | 255,514 |
| Shareholders' Equity | 22,541 | 22,821 | 21,550 |
| Performance Ratios (%) | September 30, 2018 (unaudited) |
December 31, 2017 |
December 31, 2016 |
| Return on Average Assets | 0.77% | 0.50% | 0.47% |
| Return on Average Shareholders' Equity |
10.25% | 6.31% | 6.10% |
| Net Interest Margin | 3.32% | 3.17% | 3.01% |
| Loans/Deposits | 73.21% | 64.86% | 60.36% |
| Securities/Assets | 29.36% | 33.83% | 38.92% |
| Shareholders' Equity/Assets | 7.35% | 7.75% | 7.48% |
| Efficiency Ratio | 72.28% | 74.44% | 80.54% |
| Summary of Operations ($000) |
Nine Months Ended September 30, 2018 (unaudited) |
Three Months Ended September 30, 2018 (unaudited) |
Year Ended December 31, 2017 |
Year Ended December 31, 2016 |
| Interest Income | 8,159 | 7,105 | 9,637 | 8,997 |
| Interest Expense | 1,120 | 779 | 1,070 | 975 |
| Net Interest Income | 7,039 | 6,326 | 8,567 | 8,022 |
| Provision for Loan Losses | 128 | (7) | 133 | 40 |
| Net Interest Income After Provision for Loan Losses |
6,911 | 6,333 | 8,434 | 7,982 |
| Noninterest Income | 1,397 | 1,409 | 2,024 | 1,823 |
| Noninterest Expense | 6,195 | 6,068 | 8,167 | 8,231 |
| Income Before Income Taxes (Benefit) |
2,113 | 1,674 | 2,291 | 1,574 |
| Income Tax Expense (Benefit) |
378 | 346 | 861 | 229 |
| Net Income | 1,735 | 1,328 | 1,430 | 1,345 |
| Shareholder Information |
Nine Months Ended September 30, 2018 (unaudited) |
Three Months Ended September 30, 2018 (unaudited) |
Year Ended December 31, 2017 |
Year Ended December 31, 2016 |
| Common shares outstanding |
282,246 | 282,246 | 282,246 | 284,246 |
| Basic and Diluted Earnings Per Share ($) |
6.15 | 4.71 | 5.07 | 4.75 |
| Book Value Per Share ($) | 79.86 | 81.55 | 80.85 | 76.35 |
