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Essa Bank & Trust

Investor Relations

Balance Sheet

Financial Highlights
9/30/2015
9/30/2016
3/31/2017
9/30/2017
Assets ($000)
Cash and Due from Banks 15,905 31,815 26,495 36,008
Fed Funds Sold 0 0 0 0
Deposits at Financial Institutions 4,603 13,093 10,948 6,175
Securities Purchased, to Resell 0 0 0 0
Other Cash & Cash Equivalents 0 0 0 0
Cash and Cash Equivalents 20,508 44,908 37,443 42,183
Trading Account Securities 0 0 0 0
Available for Sale Securities 379,407 390,410 395,315 390,452
Held to Maturity Securities 0 0 0 0
Other Securities 13,831 15,463 13,961 13,832
Total Cash & Securities 413,746 450,781 446,719 446,467
Gross Loans Held for Investment 1,111,037 1,228,269 1,217,863 1,246,046
Loan Loss Reserve 8,919 9,056 9,366 9,365
Loans Held for Sale, before Reserves 0 0 0 0
Total Net Loans 1,102,118 1,219,213 1,208,497 1,236,681
Real Estate Owned and Held for Investment 2,480 2,659 3,315 1,424
Goodwill 10,259 13,801 13,801 13,801
Core Deposit Intangibles NA NA NA NA
Other Intangibles NA NA NA NA
Intangible Assets other than Goodwill 1,759 2,487 2,160 1,844
Total Intangible Assets 12,018 16,288 15,961 15,645
Loan Servicing Rights 412 398 321 232
Credit Card Rights 0 0 0 0
Other Loan Servicing Rights 0 0 0 0
Total Servicing Rights 412 398 321 232
Fixed Assets 16,553 16,844 16,539 16,234
Interest Receivable 5,068 5,769 5,929 6,149
Prepaid Expense 1,817 1,600 1,961 3,417
Bank-owned Life Insurance 30,655 36,593 37,112 37,626
Other Assets 21,677 22,334 22,375 21,343
Total Other Assets 75,770 83,140 83,916 84,769
Total Assets 1,606,544 1,772,479 1,758,729 1,785,218
Memo: Consolidated VIE Assets 0 0 0 0
Memo: Covered Loans 0 0 0 0
Memo: Covered OREO 0 0 0 0
Memo: Covered Securities 0 0 0 0
Memo: Covered Assets 0 0 0 0
Liabilities ($000)
Total Deposits 1,096,754 1,214,820 1,238,375 1,274,861
FHLB Borrowings 320,440 360,061 320,119 311,614
Senior Debt 320,440 360,061 320,119 311,614
Trust Preferred (FAS 150) 0 0 0 0
Total Subordinated Debt 0 0 0 0
Redeemable Financial Instruments (FAS 150) 0 0 0 0
Total Debt 320,440 360,061 320,119 311,614
Total Other Liabilities 18,070 21,254 21,466 16,016
Total Liabilities 1,435,264 1,596,135 1,579,960 1,602,491
Memo: Consolidated VIE Liabilities 0 0 0 0
Mezzanine ($000)
Redeemable Preferred 0 0 0 0
Trust Preferred Securities 0 0 0 0
Total Minority Interest 0 0 0 0
Other Mezzanine Items 0 0 0 0
Total Mezzanine Level Items 0 0 0 0
Equity ($000)
TARP Preferred Equity 0 0 0 0
Other Preferred Equity 0 0 0 0
Total Preferred Equity 0 0 0 0
Common Equity 171,280 176,344 178,769 182,727
Equity Attributable to Parent Company 171,280 176,344 178,769 182,727
Noncontrolling Interests 0 0 0 0
Total Equity 171,280 176,344 178,769 182,727
Net Unrealized Gain 2,930 3,952 (2,020) (927)
Tot Acc Other Comprehensive Inc (2,395) (1,832) (2,364) (754)
Balance Sheet Analysis (%)
Gross Loans HFI/ Total Assets 69.16 69.30 69.25 69.80
Loans/ Deposits 101.30 101.11 98.34 97.74
Loan Loss Reserves/ Gross Loans 0.80 0.74 0.77 0.75
Reserves/ Loans Held For Investment 0.80 0.74 0.77 0.75
One Year Gap/ Assets NA NA NA NA
1-4 Loans Serviced for Others($000) 81,659 78,497 NA 61,167
Level 1 Assets($000) 25 25 25 25
Level 2 Assets($000) 375,171 383,353 387,952 384,418
Level 3 Assets($000) 35,244 32,760 32,201 24,111
Level 1 Liabilities($000) 0 0 0 0
Level 2 Liabilities($000) 0 0 0 0
Level 3 Liabilities($000) 0 0 0 0
FTE Employees(actual) 275 306 304 304
Annualized Growth Rates (%)
Asset Growth 2.01 10.33 (4.47) 0.72
Gross Loans HFI Growth 4.14 10.55 (5.03) 1.45
Deposit Growth (3.28) 10.77 15.23 4.94
Average Balances ($000)
Avg Gross Loans HFI 1,083,475 1,215,702 1,221,133 1,227,590
Avg Loans HFS 0 0 0 0
Average Loans, Gross of Reserves 1,083,475 1,215,702 1,221,133 1,227,590
Avg Securities 394,587 403,580 406,213 406,225
Avg Other Int Earn Assets 3,366 3,848 9,170 8,100
Avg Secs & Other Int Earn Assets 397,953 407,428 415,383 414,325
Avg Interest Earning Assets 1,481,428 1,623,130 1,636,516 1,641,915
Avg Assets 1,580,889 1,732,496 1,762,076 1,763,409
Avg CDs 584,684 596,143 522,956 517,569
Avg Other Interest-bearing Deposits 416,931 444,184 541,566 548,544
Avg Interest-bearing Deposits 1,001,615 1,040,327 1,064,522 1,066,113
Avg Debt 300,035 356,741 354,863 349,513
Avg Interest-bearing Liabs 1,301,650 1,397,068 1,419,385 1,415,626
Avg Noninterest-bearing Deposits 89,333 138,070 143,626 147,554
Avg Total Deposits 1,090,948 1,178,397 1,208,148 1,213,667
Avg Preferred Equity 0 0 0 0
Avg Common Equity 172,290 175,487 173,857 178,629
Avg Equity 172,290 175,487 173,857 178,629
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.