two friends smiling while sitting in back of car

As Reported Financial Statements

As Reported Financials

Source Document Currency Code (in thousands) 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 12/31/2018 USD 2018 Y 12/31/2018 USD
Source Document Currency Code 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 12/31/2018 USD 2018 Y 12/31/2018 USD

ASSETS

Cash and amounts due from depository institutions 11,808 12,121 16,460 18,970
Interest-earning deposits 120,827 52,917 107,775 176,294
Total cash and cash equivalents 132,635 65,038 124,235 195,264
Interest-earning time deposits 1,238 980 980 735
Securities available for sale 9,623 94,765 NA NA
Debt securities available for sale NA NA 114,295 119,335
Equity investments NA NA 8,294 7,672
Loans held for sale 1,983 4,153 1,295 1,153
Loans receivable, net of allowance for loan losses 1,420,118 1,485,159 1,643,677 2,278,492
Federal Home Loan Bank of New York stock, at cost 10,711 9,306 10,211 13,405
Premises and equipment, net 15,727 19,382 18,768 20,293
Accrued interest receivable 5,595 5,573 6,153 8,378
Other real estate owned 1,564 3,525 532 1,333
Deferred income taxes 9,881 9,953 5,144 13,601
Goodwill and other intangibles NA NA 0 5,604
Other assets 9,331 10,374 9,253 9,466
Total Assets 1,618,406 1,708,208 1,942,837 2,674,731

LIABILITIES

Non-interest bearing deposits 130,920 183,821 201,043 263,960
Interest bearing deposits 1,143,009 1,208,384 1,368,327 1,916,764
Total deposits 1,273,929 1,392,205 1,569,370 2,180,724
Short-term debt 0 20,000 NA NA
FHLB Advances 200,000 155,000 185,000 245,800
Subordinated debentures 4,124 4,124 4,124 36,577
Other liabilities 6,809 5,798 7,889 11,415
Total Liabilities 1,484,862 1,577,127 1,766,383 2,474,516

STOCKHOLDERS' EQUITY

Preferred stock 0 0 0 0
Additional paid-in capital preferred stock 17,174 15,464 13,241 19,706
Common stock 0 0 0 0
Additional paid-in capital common stock 119,682 120,417 164,230 175,500
Retained earnings 27,382 28,159 31,241 38,405
Accumulated other comprehensive (loss) (1,598) (3,856) (3,142) (5,076)
Treasury stock, at cost (29,096) (29,103) (29,116) (28,320)
Total Stockholders' Equity 133,544 131,081 176,454 200,215
Total Liabilities and Stockholders' Equity 1,618,406 1,708,208 1,942,837 2,674,731
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.