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As Reported Financial Statements

As Reported Financials

Source Document Currency Code (in thousands) 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 12/31/2017 USD
Source Document Currency Code 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 12/31/2017 USD

Assets

Cash and cash equivalents

Cash and due from banks and interest-bearing deposits 66,445 91,479 43,204 23,691
Total cash and cash equivalents 66,445 91,479 43,204 23,691
Restricted cash NA 0 1,650 1,400
Interest-bearing time deposits with other banks 248 248 NA NA
Securities available-for-sale, at fair value 221,647 254,476 261,008 258,109
Federal Home Loan Bank of Boston stock 3,939 3,158 1,398 1,421
Loans held-for-sale 433 249 242 616
Loans, net before allowance for loan losses 603,593 555,922 553,472 572,525
Less - allowance for loan losses 8,806 8,623 7,878 7,231
Net loans 594,787 547,299 545,594 565,294
Premises and equipment, net 13,870 12,893 12,796 11,733
Other real estate owned 1,138 463 118 142
Goodwill 9,934 9,934 9,934 9,934
Core deposit intangibles, net 194 132 82 44
Other assets 13,078 13,273 13,572 11,700
Total assets 925,713 933,604 889,598 884,084

Liabilities and Shareholders ' Equity

Liabilities

Deposits
Demand 94,237 115,672 126,488 132,530
Regular savings, NOW and money market deposit accounts 401,334 432,473 454,292 479,779
Certificates of deposit 18,901 16,660 11,923 7,291
Other time 212,158 193,117 145,029 103,155
Total deposits 726,630 757,922 737,732 722,755
Short-term borrowings 34,850 44,042 50,528 53,380
Long-term debt 65,434 55,527 20,620 20,620
Other liabilities 7,881 5,806 6,315 6,140
Total liabilities 834,795 863,297 815,195 802,895

Shareholders' equity

Preferred stock 24 NA NA NA
Common stock 3,800 3,800 3,800 3,800
Additional paid-in-capital 27,672 4,140 4,140 4,140
Retained earnings 76,438 80,889 83,143 88,647
Treasury stock (15,470) (15,470) (15,470) (15,470)
Accumulated other comprehensive income/(loss), net of tax (1,546) (3,052) (1,210) 72
Total shareholders' equity 90,918 70,307 74,403 81,189
Total liabilities and shareholders' equity 925,713 933,604 889,598 884,084
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.