| Assets |
| Cash and due from banks |
$ |
42,970 |
| Certificates of Deposit |
  |
300 |
| Investment securities available for sale,
at fair value |
|
230,757 |
| Federal Home Loan Bank ("FHLB") stock, at cost |
|
18,669 |
Loans and leases receivable, net of allowance
for loan and lease losses of $17,339 |
|
780,006 |
| Loans held for sale |
|
136,068 |
Other real estate owned |
|
5,773 |
| Premises and equipment, net |
|
6,372 |
Accrued interest receivable and other assets |
|
10,661 |
| Total assets |
$ |
1,231,576
 |
| |
| Liabilities
and Shareholder's Equity |
| Deposits |
$ |
774,093 |
| Securities sold under repurchase agreements |
|
45,000 |
| FHLB advances |
|
324,466 |
| Accrued
interest payable and other liabilities |
|
7,418 |
| Total liabilities |
|
1,150,977 |
| Common
stock |
|
1,358 |
| Paid-in
surplus |
|
43,191 |
| Retained
earnings |
|
38,553 |
| Accumulated
other comprehensive income |
|
(2,503) |
| Total
shareholder's equity |
|
80,599 |
| Total
liabilities and shareholder's equity |
$ |
1,231,576
|
| |
| Capital Ratios
and Current Year Financial Results |
| Tier 1 leverage ratio (4.00% required) |
|
6.86% |
| Tier 1 risk-based capital ratio (4.00%
required) |
|
8.96% |
| Total risk-based capital ratio (8.00% required) |
|
10.21% |
| Year-to-date net loss |
$ |
(10,622) |
| Provision for credit losses year-to-date |
$ |
15,025 |
| |
