Online Banking
Menu
Locations

Financial Highlights

Balance Sheet ($000) December 31,
2017
(unaudited)
December 31,
2016
December 31,
2015
Total Assets 294,578 288,032 287,527
Total Net Loans 173,681 154,225 137,160
Total Securities 99,652 112,092 129,110
Total Deposits 267,760 255,514 260,777
Shareholders' Equity 22,821 21,550 20,770
Performance Ratios (%) December 31,
2017
(unaudited)
December 31,
2016
December 31,
2015
Return on Average Assets 0.50 0.47 0.39
Return on Average
Shareholders' Equity
6.31 6.10 5.43
Net Interest Margin 3.17 3.01 2.86
Loans/Deposits 64.86 60.36 52.60
Securities/Assets 33.83 38.92 44.90
Shareholders' Equity/Assets 7.75 7.48 7.22
Efficiency Ratio 74.44 80.54 85.10
Summary of Operations
($000)
Year Ended
December 31,
2017
(unaudited)
Year Ended
December 31,
2016
Year Ended
December 31,
2015
Interest Income 9,637 8,997 8,461
Interest Expense 1,070 975 882
Net Interest Income 8,567 8,022 7,579
Provision for Loan Losses 133 40 15
Net Interest Income After
Provision for Loan Losses
8,434 7,982 7,564
Noninterest Income 2,024 1,823 1,948
Noninterest Expense 8,167 8,231 8,216
Income Before Income
Taxes (Benefit)
2,291 1,574 1,296
Income Tax Expense
(Benefit)
861 229 190
Net Income 1,430 1,345 1,106
Shareholder
Information
Year Ended
December 31,
2017
(unaudited)
Year Ended
December 31,
2016
Year Ended
December 31,
2015
Common shares
outstanding
282,246 282,246 284,246
Basic and Diluted
Earnings Per Share ($)
5.07 4.75 3.87
Book Value Per Share ($) 80.85 76.35 73.07
Back to top