Severn Bancorp Inc (SVBI) financial statements (2020 and earlier)

Company profile

Business Address 200 WESTGATE CIRCLE
ANNAPOLIS, MD 21404
State of Incorp. MD
Fiscal Year End December 31
SIC 6021 - National Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments332267443398
Cash and cash equivalents332267443398
Disposal group, including discontinued operation     7 
Total current assets:332267444198
Noncurrent Assets
Operating lease, right-of-use asset3
Property, plant and equipment22232324242526
Intangible assets, net (including goodwill)111   
Goodwill111    
Deferred income tax assets2
Deferred tax assets, net 510   
Total noncurrent assets:28243034242526
Other undisclosed assets796948753686694711675
TOTAL ASSETS:827974805787762776800
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities721876714700676693717
Total liabilities:721876714700676693717
Stockholders' equity
Stockholders' equity attributable to parent, including:105989188868483
Common stock0000000
Additional paid in capital66666564767675
Accumulated other comprehensive loss(0)(0)(0)    
Retained earnings393326241087
Other undisclosed stockholders' equity attributable to parent  00000
Total stockholders' equity:105989188868483
TOTAL LIABILITIES AND EQUITY:827974805787762776800

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues4440343434341
Revenue, net   11
Net investment income403832313132 
Cost of revenue
(Financial Services Costs)
     (1)(17)
Gross profit:444034343434(16)
Operating expenses(6)(4)(18)(20)(19)(18)(16)
Other operating income, net
(Noninterest Income, Other Operating Income)
0011111
Operating income (loss):383617161616(31)
Nonoperating income (expense)0    0(0)
Gains (losses) on sales of other real estate     0(0)
Bank owned life insurance income0      
Interest and debt expense(9)(9)(8)(9)(9)(9)(9)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(17)(16)(1)(2)(2)(5)24
Income (loss) from continuing operations before income taxes:12128653(16)
Income tax expense (benefit)(3)(3)(5)10(0)(0)(9)
Net income (loss) attributable to parent:8931653(25)
Other undisclosed net loss available to common stockholders, basic (0)(0)(2)(2)(2)(1)
Net income (loss) available to common stockholders, diluted:8831421(27)

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):8931653(25)
Other comprehensive income (loss)0(0)(0)    
Comprehensive income (loss), net of tax, attributable to parent:8931653(25)

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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