As Reported Financials

Document Name As Of Date Currency Code (in thousands) 2015 Y 10-K 12/31/2015 USD 2016 Y 10-K 12/31/2016 USD 2017 Y 10-K 12/31/2017 USD 2018 Y 10-K 12/31/2018 USD 2019 Q3 YTD 10-Q 9/30/2019 USD
Document Name As Of Date Currency Code 2015 Y 10-K 12/31/2015 USD 2016 Y 10-K 12/31/2016 USD 2017 Y 10-K 12/31/2017 USD 2018 Y 10-K 12/31/2018 USD 2019 Q3 YTD 10-Q 9/30/2019 USD

Interest income

Loans

Taxable 21,077 21,010 20,952 23,642 20,358
Tax-exempt 268 244 134 244 78

Investment securities

Taxable 4,584 4,551 4,686 5,299 4,430
Tax-exempt 3,068 3,425 3,928 3,968 2,756
Total interest income 28,997 29,230 29,700 33,153 27,622

Interest expense

Deposits 1,071 1,134 1,569 3,056 4,144
Subordinated debentures 699 787 898 1,079 NA
Borrowings 1,311 1,270 1,118 1,230 1,142
Total interest expense 3,081 3,191 3,585 5,365 5,286
Net interest income 25,916 26,039 26,115 27,788 22,336
Provision for loan losses (700) 500 450 1,400 1,000
Net interest income after provision for loan losses 26,616 25,539 25,665 26,388 21,336

Non-interest income

Fees and service charges 7,331 7,268 7,358 7,289 5,677
Gains on sales of loans, net 7,993 5,476 5,390 5,023 4,943
Bank owned life insurance 514 508 912 644 478
(Losses) gains on sales of investment securities, net (119) 558 498 20 (146)
Other 1,291 1,040 1,126 2,595 847
Total non-interest income 17,010 14,850 15,284 15,571 11,799

Non-interest expense

Compensation and benefits 15,230 15,313 15,141 16,042 13,072
Occupancy and equipment 4,252 4,334 4,283 4,333 3,369
Professional fees 1,048 1,081 1,695 1,677 1,285
Data processing 1,391 1,419 1,402 1,525 1,233
Amortization of intangibles 1,355 1,397 1,258 1,111 887
Advertising 618 573 589 589 501
Federal deposit insurance (credits) premiums 433 369 292 291 71
Foreclosure and real estate owned expense 65 258 238 100 142
Deposit-related loss 0 0 8,082 0 NA
Other 4,814 4,370 4,497 4,697 3,751
Total non-interest expense 29,206 29,114 37,477 30,365 24,311
Earnings before income taxes 14,420 11,275 3,472 11,594 8,824
Income tax expense 3,914 2,314 (897) 1,168 1,430
Net earnings 10,506 8,961 4,369 10,426 7,394

Earnings per share

Basic 2.71 2.13 1.02 2.40 1.69
Diluted 2.64 2.10 1.01 2.39 1.69

COMPREHENSIVE INCOME

Net earnings 10,506 8,961 4,369 10,426 7,394
Net unrealized holding (gains) losses on available-for-sale securities 437 (5,021) 2,131 (4,721) 11,995
Reclassification adjustment for net losses (gains) included in earnings 119 (558) (498) (20) 146
Net unrealized gains (losses) 556 (5,579) 1,633 (4,741) 12,141
Income tax effect on net (losses) gains included in earnings (44) 206 184 5 (36)
Income tax effect on net unrealized holding (gains) losses (155) 1,850 (807) 1,157 (2,938)
Other comprehensive income (loss) 357 (3,523) 1,010 (3,579) 9,167
Total comprehensive income 10,863 5,438 5,379 6,847 16,561
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