As Reported Financial Statements

As Reported Financials

Document Name As Of Date Currency Code (in units) 2015 Y AR 12/31/2015 USD 2016 Y AR 12/31/2016 USD 2017 Y AR 12/31/2017 USD 2018 Y AR 12/31/2018 USD
Document Name As Of Date Currency Code 2015 Y AR 12/31/2015 USD 2016 Y AR 12/31/2016 USD 2017 Y AR 12/31/2017 USD 2018 Y AR 12/31/2018 USD

ASSETS

Cash and Due from Banks 1,266,818 1,251,102 1,164,368 1,270,559
Interest Bearing Deposits with Banks 5,617,821 4,358,332 33,936,870 14,376,684
Federal Funds Sold 15,000,000 24,108,000 127,000 0
Securities Available-for-Sale 46,315,581 29,074,040 61,989,669 48,204,339
Securities Held-to-Maturity 0 15,035,844 14,869,181 0
Restricted Stock Investments 1,602,550 3,718,400 2,533,500 3,076,000
Loans Held for Sale 7,634,844 7,488,194 7,772,501 4,415,520
Loans Receivable 319,069,610 407,564,141 407,332,772 394,080,457
Allowance for Loan Losses (3,133,420) (4,150,081) (4,562,370) (4,572,393)
Net Loans 315,936,190 403,414,060 402,770,402 389,508,064
Bank Premises and Equipment, net 720,200 1,438,880 1,595,575 1,748,935
Accrued Interest Receivable 963,995 1,351,819 1,643,427 1,229,534
Deferred Tax Asset 1,604,000 2,288,271 974,614 1,247,513
Bank-Owned Life Insurance 2,221,695 2,281,726 2,338,146 12,401,317
Other Assets 1,553,830 1,078,706 1,407,079 1,336,522
TOTAL ASSETS 400,437,524 496,887,374 533,122,332 478,814,987

LIABILITIES

Deposits

Demand Deposits
Non-Interest Bearing 51,849,383 62,941,221 69,942,247 67,012,857
Interest Bearing 88,182,669 114,549,659 184,271,412 128,403,358
Savings Deposits 2,573,038 2,921,102 2,273,760 3,023,239
Time Deposits 206,959,651 218,980,247 209,493,201 202,292,311
Total Deposits 349,564,741 399,392,229 465,980,620 400,731,765
Federal Home Loan Bank Advances 6,200,000 43,714,286 10,428,571 17,142,857
Other Accrued Expenses 1,994,642 1,598,943 1,256,202 1,607,491
Accrued Interest Payable 97,216 175,072 162,749 218,537
TOTAL LIABILITIES 357,856,599 444,880,530 477,828,142 419,700,650

STOCKHOLDERS' EQUITY

Preferred Stock 0 0 0 0

Common Stock

Voting Common Stock 17,227,330 55,506 58,668 63,086
Non-Voting Common Stock 0 6,287 6,601 6,730
Additional Paid-in Capital 24,282,805 48,708,431 53,241,342 57,416,068
Accumulated Other Comprehensive Loss, net (371,695) (523,402) (573,698) (1,124,101)
Retained Earnings 1,442,485 3,760,022 2,561,277 2,752,554
Total Stockholders' Equity 42,580,925 52,006,844 55,294,190 59,114,337
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 400,437,524 496,887,374 533,122,332 478,814,987
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.

Suite 100, 10555 Main Street,
Fairfax, VA 22030
(703) 242-5300
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502 Maple Avenue West
Vienna, VA 22180
(703) 667-4170
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Suite 110, 11700 Plaza America Dr Reston, VA 20190
(703)-663-2300
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Suite 240, 4500 Daly Drive
Chantilly, VA 20151
(571) 395-4000
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4211 Pleasant Valley Road
Chantilly, VA 20151
(703) 766-6400
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