As Reported Financials

Document Name As Of Date Currency Code (in units)	2014 Y AR 12/31/2014 USD	2015 Y AR 12/31/2015 USD	2016 Y AR 12/31/2016 USD	2017 Y AR 12/31/2017 USD
Document Name As Of Date Currency Code	2014 Y AR 12/31/2014 USD	2015 Y AR 12/31/2015 USD	2016 Y AR 12/31/2016 USD	2017 Y AR 12/31/2017 USD
Cash flows from operating activities
Net income	4,337,769	5,778,544	6,909,144	2,288,481	Column Line
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Adjustments to reconcile net income to net cash from operating activities
Depreciation and amortization	204,107	238,470	235,915	279,763	Column Line
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Amortization of core deposit intangible	NA	NA	0	107,715	Column Line
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Stock-based compensation	526,727	693,928	859,524	947,925	Column Line
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Excess tax benefit related to share based compensation	NA	0	(292,331)	(546,563)	Column Line
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Income from cash surrender value officer life insurance	(195,273)	(225,885)	(310,567)	(360,203)	Column Line
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Net decrease in fair value of assets measured at fair value	(139,228)	333,950	158,777	119,475	Column Line
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Gain on sale of other real estate owned	(109,920)	45,839	0	(231,882)	Column Line
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Gain on sale of loans	(7,564,284)	(11,380,410)	(10,707,075)	(6,918,643)	Column Line
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Loss on disposal of premises and equipment	12,978	19,194	664	0	Column Line
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Loss on sale of investments and impairment on restricted stock	44,415	NA	NA	NA	Column Line
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Provision for loan losses	450,000	500,000	(1,000,000)	0	Column Line
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Provision (recovery) for losses on unfunded commitments	0	45,150	(30,495)	60,000	Column Line
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Proceeds from sale of SBA loans held for sale	91,202,711	148,605,215	139,472,372	95,810,044	Column Line
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Net cash disbursed on SBA loans originated for sale	(119,062,094)	(140,833,469)	(132,325,167)	(132,423,311)	Column Line
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Amortization of net premiums on investment securities	37,923	40,744	30,261	52,020	Column Line
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Amortization and impairment of servicing assets	691,862	923,936	1,069,328	1,676,831	Column Line
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Deferred loan premiums and origination costs, net of amortization and accretion of deferred costs, fees, premiums and discounts	(3,477,265)	(4,281,396)	(3,665,802)	(3,962,819)	Column Line
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Net accretion of acquisition accounting fair value adjustments	NA	NA	0	(417,894)	Column Line
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Net change in deferred tax asset	(2,092,053)	(175,846)	(811,670)	(22,496)	Column Line
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Decrease in accrued interest and other assets	347,412	(1,746,618)	127,534	625,532	Column Line
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Increase in income tax payable	NA	NA	627,860	2,566,200	Column Line
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Increase (decrease) in accrued interest and other liabilities	1,320,100	1,738,441	1,155,900	(1,103,335)	Column Line
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Net cash from operating activities	(33,464,113)	319,787	1,504,172	(41,453,160)	Column Line
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Cash flows from investing activities
Purchase of FHLB, FRB and other restricted stock	(2,017,150)	(580,050)	(292,750)	(980,150)	Column Line
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Purchase of available for sale securities	(2,350,390)	NA	0	(4,742,451)	Column Line
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Proceeds from sales of available for sale securities	1,210,777	NA	NA	NA	Column Line
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Principal paydowns/maturities of available for sale securities	892,809	1,030,316	779,502	1,433,686	Column Line
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Purchase of officer life insurance	(1,800,000)	(1,427,161)	(4,000,000)	0	Column Line
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Net funding of loans held for investment	(31,127,349)	(34,665,364)	(45,302,678)	(28,464,067)	Column Line
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Cash acquired in business combination	NA	NA	0	11,597,431	Column Line
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Proceeds from sale of OREO	240,365	892,674	0	410,135	Column Line
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Purchases of premises and equipment	(242,762)	(328,824)	0	(285,391)	Column Line
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Proceeds from sale of premises and equipment	NA	0	68,000	0	Column Line
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Net cash flows from investing activities	(35,193,700)	(35,078,409)	(48,747,926)	(21,030,807)	Column Line
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Cash flows from financing activities
(Decrease) increase in demand deposits and savings accounts	86,107,157	124,813,476	57,269,902	(16,151,364)	Column Line
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Net decrease in time deposits	(34,141,279)	(23,648,242)	(10,415,987)	(14,629,383)	Column Line
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Repayment of FHLB Advances	(101,900,000)	(12,000,000)	NA	NA	Column Line
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Net proceeds of FHLB Advances	113,900,000	NA	0	70,000,000	Column Line
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Proceeds from other borrowed money	NA	7,000,000	4,000,000	7,000,000	Column Line
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Repayment of other borrowed money	NA	(538,522)	(1,162,386)	(1,630,233)	Column Line
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Redemption of preferred stock	NA	0	(4,000,000)	0	Column Line
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Proceeds from sale of common stock, net of expenses	NA	NA	0	9,963,801	Column Line
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Dividends paid on common and preferred stock	(40,000)	(40,000)	(926,443)	(2,216,396)	Column Line
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Proceeds from exercise of stock options	116,584	678,861	349,500	479,316	Column Line
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Net cash flows from financing activities	64,042,462	96,265,573	45,114,586	52,815,741	Column Line
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Net (decrease) increase in cash and cash equivalents	(4,615,351)	61,506,951	(2,129,168)	(9,668,226)	Column Line
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Beginning cash and cash equivalents	32,193,197	27,577,846	89,084,797	86,955,629	Column Line
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Ending cash and cash equivalents	27,577,846	89,084,797	86,955,629	77,287,403	Column Line
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Supplemental cash flow information
Interest paid	2,003,554	1,808,890	1,624,087	2,109,351	Column Line
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Taxes paid	3,978,164	5,900,763	2,807,862	6,750,284	Column Line
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Transfer of loans to OREO	130,445	938,513	0	810,387	Column Line
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Loans transferred to held for investment from held for sale	1,130,684	NA	0	1,724,797	Column Line
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Loans transferred to held for sale from held for investment	16,973,517	45,468,158	19,842,447	19,822,430	Column Line
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Net accretion of issue discount on perferred stock	5,473	5,473	913	0	Column Line
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Change in unrealized gains on available for sale securities net of income taxes recorded in other comprehensive income	NA	(18,615)	(6,663)	(44,561)	Column Line
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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.