CKB Annual Report 2018

2018 Annual Reports Comparative Statement of Condition

RESOURCES AT YEAR END

2014

2015

2016

2017

2018

(Audited)

(Audited)

(Audited)

(Audited)

(Unaudited)

Cash and Due from Banks

$9,824,213

$11,117,109

$22,183,952

$21,068,098

$28,732,375

Investment Securities*

$137,557,254 $112,478,712 $108,923,049

$91,260,612

$88,090,935

Loans

$166,309,457 $186,728,820 $196,451,052 $227,047,190 $233,461,570

Provision For Loan Loss

($1,192,343)

($1,179,112)

($1,604,303)

$2,151,607

$1,639,860

Loans Net of Provisions For Loss

$165,117,114 $185,549,708 $194,846,749 $224,895,583 $231,821,710

Fed Funds Sold

$0

$0

$0

$0

$15,000,000

Bank Buildings/Equipment

$5,366,833

$5,359,314

$5,111,211

$5,584,527

$7,314,628

Interest Earned —Not Collected

$1,982,899

$1,710,101

$2,006,431

$1,981,367

$2,163,299

Other Assets

$4,251,756

$4,575,863

$4,326,864

$9,377,344

$9,741,456

Total Assets

$324,100,069 $320,790,807 $337,398,256

$354,167,531 $382,864,403

LIABILITIES AT YEAR END

2014

2015

2016

2017

2018

Deposits

$250,735,248 $242,858,812 $256,580,851

$268,079,293

$300,920,897

Repurchase Agreements

$0

$0 $1,435,811 $1,143,166 $1,620,989

FHLB Borrowings

$31,959,130

$34,375,806

$36,542,513

$38,574,152

$33,710,418

Other Liabilities

$954,313

$1,549,663

$1,511,430

$2,922,361

$2,065,723

Total Liabilities

$283,648,691 $278,784,281 $296,070,605 $310,718,972

$338,318,027

Capital

$42,100,119

$39,672,945

$40,561,062

$42,596,509

$44,641,027

Treasury Stock

($4,269,059)

$0

$0

$0

$0

Number of Shares Treasury Stock

55,669

0

0

0

0

Unrealized Gain (Loss) on Sec

$2,620,318

$2,333,581

$766,589

$852,049

($94,651)

Total Stockholders Equity

$40,451,378

$42,006,526

$41,327,651

$43,448,559

$44,546,376

Total Liabilities and Capital

$324,100,069 $320,790,807 $337,398,256 $354,167,531 $382,864,403

RETURN ON AVERAGE ASSETS & RETURN ON EQUITY

14.00% 12.00% 10.00%

Return On Average Assets Return On Equity

11.21%

10.38%

8.00% 6.00% 4.00% 2.00% 0.00%

9.30%

1.25%

1.11%

2014

2015

2016

2017

2018

pg. 30 Cross Keys Bank 2019