Financial Highlights
2017 FQ1 YTD
3/31/2017
2016 FY
12/31/2016
2015 FY
12/31/2015
2014 FY
12/31/2014
2013 FY
12/31/2013
Balance Sheet ($000)
Total Assets 1,736,100 1,657,179 1,619,964 1,524,539 1,476,143
Total Net Loans 1,219,311 1,186,449 1,155,449 1,108,553 983,785
Total Deposits 1,544,251 1,456,343 1,400,295 1,280,014 1,266,256
Equity Attributable to Parent Company 148,257 143,748 137,242 133,628 138,578
Total Equity 148,257 143,748 137,242 133,628 138,578
Profitability (%)
Net Income($000) 2,979 10,027 9,433 8,157 8,731
Net Income Attributable to Parent($000) 2,979 10,027 9,433 8,157 8,731
ROAA 0.70 0.60 0.60 0.54 0.67
Core ROAA 0.74 0.65 0.63 0.49 0.76
ROAE 8.13 7.02 6.84 5.74 6.50
ROATCE 10.25 9.07 9.12 7.87 8.68
Core ROAE 8.53 7.56 7.20 5.20 7.40
Net Interest Margin 3.40 3.37 3.46 3.59 3.91
Reported: Net Interest Margin 3.45 3.37 3.46 3.59 3.91
Efficiency Ratio 69.22 74.21 75.12 77.75 72.22
Noninterest Inc/ Operating Rev 26.36 27.79 28.30 28.70 27.39
Balance Sheet Ratios (%)
Loans/ Deposits 79.93 82.42 83.46 87.62 78.65
Securities/ Assets 17.90 18.88 21.91 19.18 24.21
Total Equity/ Total Assets 8.54 8.67 8.47 8.77 9.39
Tangible Equity/ Tangible Assets 7.23 7.29 6.99 7.13 7.62
Tang Common Equity/ Tang Assets 7.23 7.29 6.99 7.13 7.62
Asset Quality (%)
NPAs/ Assets 1.10 1.10 1.32 1.28 1.08
NPA Excl Restructured/ Assets 0.76 0.75 0.85 0.71 0.61
NPAs & 90+ PD/ Assets 1.10 1.10 1.32 1.38 1.18
NPAs/ Loans & REO 1.55 1.52 1.82 1.74 1.59
Nonaccrual & 90+ & OREO/ Assets 0.76 0.75 0.85 0.81 0.71
NPAs & 90+ PD/ Loans & REO 1.55 1.52 1.83 1.87 1.74
NPA & Loans 90+/ Tangible Common Equity + LLR 13.82 13.72 17.01 17.44 14.10
NCOs/ Avg Loans 0.11 0.20 0.09 0.29 0.04
Loan Loss Reserves/ Gross Loans 1.21 1.19 1.22 1.22 1.28
Reserves/ NPAs 78.16 78.01 66.73 70.01 80.42
Loan Loss Provision/ NCO 312.31 99.71 157.57 129.63 NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 133,013 130,911 124,787 115,483 110,260
Tier 1 Capital($000) 133,013 130,911 124,787 115,483 110,260
Tier 2 Capital($000) 15,069 14,358 14,263 NA NA
Total Capital($000) 148,082 145,269 139,050 129,211 126,299
Total Risk-weighted Assets($000) 1,224,582 1,196,857 1,133,827 1,090,483 1,043,546
Tier 1 Common Capital (CET1) Ratio(%) 10.87 10.94 11.01 10.59 10.57
Tier 1 Ratio(%) 10.87 10.94 11.01 10.59 10.57
Total Capital Ratio(%) 12.10 12.14 12.26 11.84 12.10
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 7.95 7.81 7.83 7.78 8.08
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 4,730,936 4,712,233 4,668,355 4,629,128 4,602,402
Avg Diluted Shares(actual) 4,790,000 4,762,000 4,719,278 4,683,067 4,659,685
Basic Book Value per Share 31.34 30.51 29.40 28.87 30.11
As-reported Book Value per Share 30.93 30.07 28.96 28.44 29.67
Basic Tangible Book Value per Share 26.15 25.25 23.88 23.06 23.98
Reported: Tangible Book Value 25.81 24.89 23.53 22.71 23.63
Common Dividends Declared per Share 0.26 1.04 1.04 1.04 1.04
EPS after Extra 0.62 2.11 2 1.74 1.87
EPS after Extra Growth(%) 8.80 5.50 14.90 (7) (21.40)
Core EPS 0.65 2.27 2.11 1.57 2.13
Core EPS Growth(%) 27.70 8 33.70 (26) (10.50)
Diluted EPS before Amortization 0.67 2.32 2.24 2.02 2.07
Pre-Provision Earnings per Share 0.72 2.34 2.11 1.85 2.26
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