HV Bancorp, Inc. (HVBC) financial statements (2022 and earlier)

Company profile

Business Address 2005 SOUTH EASTON ROAD, SUITE 304
DOYLESTOWN, PA 18901
State of Incorp. PA
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
12/31/2020
6/30/2019
6/30/2018
6/30/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments121,288415,09020,73414,74528,577
Cash and cash equivalents120,788414,59020,23414,74528,577
Short-term investments500500500  
Prepaid expense  414254171
Total current assets:121,288415,09021,14814,99928,748
Noncurrent Assets
Operating lease, right-of-use asset8,6697,685
Property, plant and equipment3,1602,8342,2541,8731,835
Total noncurrent assets:11,82910,5192,2541,8731,835
Other undisclosed assets427,007435,998320,793280,890186,182
TOTAL ASSETS:560,124861,607344,195297,762216,765
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt17333,7925,7702,888
Total current liabilities:17333,7925,7702,888
Noncurrent Liabilities
Other undisclosed liabilities517,471822,647307,723261,271182,436
Total liabilities:517,488822,680311,515267,041185,324
Stockholders' equity
Stockholders' equity attributable to parent42,63638,92732,68030,72131,441
Common stock2323232322
Treasury stock, value(1,483)(1,092)(3)  
Additional paid in capital21,32421,01120,61120,36820,369
Accumulated other comprehensive income (loss)(148)23870(648)(111)
Retained earnings24,79320,74114,15613,27713,547
Unearned esop shares(1,873)(1,994)(2,177)(2,299)(2,386)
Total stockholders' equity:42,63638,92732,68030,72131,441
TOTAL LIABILITIES AND EQUITY:560,124861,607344,195297,762216,765

Income statement (P&L) ($ in thousands)

12/31/2021
12/31/2020
6/30/2019
6/30/2018
6/30/2017
Revenues31,42726,99613,37711,06111,197
Gain on disposition of assets for financial service operations14,85313,3152,7893,467
Net investment income16,57413,68110,5887,5945,460
Financial services revenue 5,737
Cost of revenue(553)(1,108)(611)(266)(201)
Provision for loan, lease, and other losses(553)(1,108)(611)(266)
Financial services costs (201)
Gross profit:30,87425,88812,76610,79510,996
Operating expenses(5,293)(4,284)(2,639)(2,324)(7,315)
Other operating income, net
(Noninterest Income, Other Operating Income)
377195111410
Operating income:25,95821,79910,1388,4853,691
Nonoperating income14915315915198
Bank owned life insurance income149153159154110
Interest and debt expense(2,213)(3,143)(2,927)(1,351)(891)
Income from continuing operations before equity method investments, income taxes:23,89418,8097,3707,2852,898
Other undisclosed loss from continuing operations before income taxes(18,378)(10,837)(6,297)(6,271)(2,134)
Income from continuing operations before income taxes:5,5167,9721,0731,014764
Income tax expense(1,464)(2,204)(194)(244)(195)
Net income available to common stockholders, diluted:4,0525,768879770569

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
6/30/2019
6/30/2018
6/30/2017
Net income:4,0525,768879770569
Other comprehensive income (loss)(386)256718(486)(104)
Comprehensive income, net of tax, attributable to parent:3,6666,0241,597284465

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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