As Reported Financial Statements

As Reported Financials

Source Document Currency Code (in units) 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 Due from Banks 4,917,099 1,266,818 1,251,102 1,164,368
Interest Bearing Deposits with Banks 1,024,155 5,617,821 4,358,332 33,936,870
Federal Funds Sold 24,837,000 15,000,000 24,108,000 127,000
Securities Available-for-Sale 27,294,953 46,315,581 29,074,040 61,989,669
Securities Held-to-Maturity 5,610 0 15,035,844 14,869,181
Federal Reserve Bank Stock, at Cost 829,200 NA NA NA
Federal Home Loan Bank Stock, at Cost 274,800 NA NA NA
Community Bankers Bank Stock, at Cost 0 NA NA NA
Restricted Stock Investments NA 1,602,550 3,718,400 2,533,500
Loans Held for Sale 649,975 7,634,844 7,488,194 7,772,501
Loans Receivable 278,989,586 319,069,610 407,564,141 407,332,772
Allowance for Loan Losses (2,685,807) (3,133,420) (4,150,081) (4,562,370)
Net Loans 276,303,779 315,936,190 403,414,060 402,770,402
Bank Premises and Equipment, net 830,770 720,200 1,438,880 1,595,575
Accrued Interest Receivable 864,224 963,995 1,351,819 1,643,427
Deferred Tax Asset 1,320,000 1,604,000 2,288,271 974,614
Bank-Owned Life Insurance 2,160,567 2,221,695 2,281,726 2,338,146
Other Assets 1,299,512 1,553,830 1,078,706 1,407,079
TOTAL ASSETS 342,611,644 400,437,524 496,887,374 533,122,332

LIABILITIES AND STOCKHOLDERS' EQUITY

LIABILITIES

Non-interest Bearing 51,431,344 51,849,383 62,941,221 69,942,247
Interest Bearing 65,959,271 88,182,669 114,549,659 184,271,412
Savings Deposits 2,637,231 2,573,038 2,921,102 2,273,760
Time Deposits 191,660,138 206,959,651 218,980,247 209,493,201
Total Deposits 311,687,984 349,564,741 399,392,229 465,980,620
Federal Home Loan Bank Advances 0 6,200,000 43,714,286 10,428,571
Other Accrued Expenses 1,062,136 1,994,642 1,598,943 1,256,202
Accrued Interest Payable 92,304 97,216 175,072 162,749
Total Liabilities 312,842,424 357,856,599 444,880,530 477,828,142

STOCKHOLDERS' EQUITY

Preferred stock NA 0 0 0
Common stock
Voting Common Stock NA 17,227,330 55,506 58,668
Non-Voting Common Stock NA 0 6,287 6,601
Common stock 12,707,042 NA NA NA
Additional Paid-in Capital 17,457,152 24,282,805 48,708,431 53,241,342
Accumulated Other Comprehensive loss, net (118,889) (371,695) (523,402) (573,698)
Retained Earnings (276,085) 1,442,485 3,760,022 2,561,277
Total Stockholders' Equity 29,769,220 42,580,925 52,006,844 55,294,190
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 342,611,644 400,437,524 496,887,374 533,122,332
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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