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Community Heritage Financial, Inc.

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 10,816,268 11,614,638 18,501,217 15,347,455
Federal funds sold 5,297,673 4,003,796 1,551,750 3,198,302
FHLB Stock, at cost 548,900 426,800 254,700 325,200
Securities available for sale, at fair value 47,991,702 45,689,489 47,457,340 47,966,728
Loans held for sale 857,500 929,273 239,000 0
Loans, net of allowance for loan losses 160,277,053 207,648,552 280,182,503 354,149,192
Bank premises and equipment, net 4,918,688 4,859,148 5,614,734 6,285,800
Accrued interest receivable 501,329 634,662 840,373 1,155,631
Deferred income taxes, net 951,740 1,386,910 1,024,207 1,246,329
Income taxes receivable 241,809 NA 0 83,832
Other real estate owned, net 671,117 596,982 166,768 0
Bank owned life insurance 4,404,629 4,514,684 4,620,707 4,720,042
Other assets 609,115 598,608 770,903 1,179,732
TOTAL ASSETS 238,087,523 282,903,542 361,224,202 435,658,243

LIABILITIES

Deposits

Demand 67,774,021 86,076,254 94,853,611 107,387,981
Interest-bearing demand 58,763,415 72,139,166 113,354,909 136,730,984
Savings 39,453,141 46,340,334 48,903,428 49,810,748
IRA savings accounts 5,586,266 NA NA NA
Time and IRA 31,379,471 46,425,516 58,821,608 94,614,527
Total deposits 202,956,314 250,981,270 315,933,556 388,544,240
Borrowings 9,200,000 5,000,000 NA NA
Accrued interest payable 16,659 22,495 43,549 113,379
Income taxes payable 0 334,127 201,876 0
Other liabilities 1,229,679 1,441,581 1,657,389 2,056,136
TOTAL LIABILITIES 213,402,652 257,779,473 317,836,370 390,713,755

SHAREHOLDERS' EQUITY

Preferred stock 0 0 0 0
Common stock 1,285,774 1,285,774 2,233,820 22,338
Surplus 9,834,589 9,834,589 25,926,947 28,138,429
Retained earnings 13,770,760 14,560,869 15,738,683 17,505,373
Accumulated other comprehensive loss (206,252) (557,163) (511,618) (721,652)
TOTAL SHAREHOLDERS' EQUITY 24,684,871 25,124,069 43,387,832 44,944,488
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 238,087,523 282,903,542 361,224,202 435,658,243
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.

Common Stock for 2018 FY (22,338) - Change on sharecount due to conversion to bank holding company and stated par value.

Community Heritage Financial, Inc.

24 West Main Street
Middletown, MD 21769
(844) 533-9211

Transfer Agent

American Stock Transfer & Trust Company, LLC
3rd Floor, 6201 15th Avenue
Brooklyn
New York, NY 11219
(800) 937-5449