Statement of Condition
 

September 30, 2018 (In Thousands)

Assets

  Cash and Investments $268,432
  Loans Receivable 1,575,292
  Federal Home Loan Bank Stock 4,170
  Premises and Equipment 48,289
  Other Assets 53,830
Total Assets $1,950,013
     

Liabilities

  Deposits $1,646,957
  Borrowed Funds 0
  Escrow 21,275
  Other Liabilities 36,795
    $1,705,027

Net Worth

244,986
Total Liabilities and Net Worth $1,950,013
 

 
 

 
 

 
Statement of Operations

September 30, 2018 (In Thousands)

Interest Income

  Interest on Investments $6,181
  Interest on Loans 64,171
    $70,352
     

Interest Expense

  Interest on Deposits $6,833
  Interest on Borrowed Funds 21
    $6,854
     
Net Interest Income $63,498
     

Non-Interest Income

  Service Charges and Fees $12,970
  Gain on Sale of Loans 1,454
  Other 1,337
    $15,761
     

Non-Interest Expense

  Salaries & Benefits $36,196
  Occupancy and Equipment 10,104
  Advertising and Promotion 2,612
  Data Processing 3,265
  Other 9,984
    $62,161
     
Income Before Taxes 17,098
Income Taxes 7,741
Net Income $9,357

Still have questions?

Contact us with additional questions: Email | 877.672.2265