Financial Highlights
2016 FY
12/31/2016
2015 FY
12/31/2015
2014 FY
12/31/2014
2013 FY
12/31/2013
2012 FY
12/31/2012
Balance Sheet ($000)
Total Assets 1,657,179 1,619,964 1,524,539 1,476,143 1,248,160
Total Net Loans 1,186,449 1,155,449 1,108,553 983,785 884,142
Total Deposits 1,456,343 1,400,295 1,280,014 1,266,256 1,047,497
Equity Attributable to Parent Company 143,748 137,242 133,628 138,578 131,115
Total Equity 143,748 137,242 133,628 138,578 131,115
Profitability (%)
Net Income($000) 10,027 9,433 8,157 8,731 11,022
Net Income Attributable to Parent($000) 10,027 9,433 8,157 8,731 11,022
ROAA 0.60 0.60 0.54 0.67 0.88
Core ROAA 0.60 0.63 0.49 0.76 0.88
ROAE 7.02 6.84 5.74 6.50 8.41
ROATCE 9.07 9.12 7.87 8.68 11.29
Core ROAE 7.01 7.20 5.20 7.40 8.40
Net Interest Margin 3.37 3.46 3.59 3.91 4.14
Reported: Net Interest Margin 3.37 3.46 3.59 3.91 4.14
Efficiency Ratio 75.85 75.12 77.75 72.22 71.24
Noninterest Inc/ Operating Rev 27.79 28.30 28.70 27.39 25.63
Balance Sheet Ratios (%)
Loans/ Deposits 82.42 83.46 87.62 78.65 85.30
Securities/ Assets 18.88 21.91 19.18 24.21 20.07
Total Equity/ Total Assets 8.67 8.47 8.77 9.39 10.50
Tangible Equity/ Tangible Assets 7.29 6.99 7.13 7.62 8.53
Tang Common Equity/ Tang Assets 7.29 6.99 7.13 7.62 8.53
Asset Quality (%)
NPAs/ Assets NA 1.32 1.28 1.08 0.96
NPA Excl Restructured/ Assets 0.75 0.85 0.71 0.61 0.53
NPAs & 90+ PD/ Assets NA 1.32 1.38 1.18 1.32
NPAs/ Loans & REO NA 1.82 1.74 1.59 1.34
Nonaccrual & 90+ & OREO/ Assets NA 0.85 0.81 0.71 0.89
NPAs & 90+ PD/ Loans & REO NA 1.83 1.87 1.74 1.84
NPA & Loans 90+/ Tangible Common Equity + LLR NA 17.01 17.44 14.10 14.35
NCOs/ Avg Loans 0.20 0.09 0.29 0.04 0.02
Loan Loss Reserves/ Gross Loans 1.19 1.22 1.22 1.28 1.17
Reserves/ NPAs NA 66.73 70.01 80.42 87.23
Loan Loss Provision/ NCO 99.71 157.57 129.63 NM 465.17
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA 124,787 115,483 110,260 106,924
Tier 1 Capital($000) NA 124,787 115,483 110,260 106,925
Tier 2 Capital($000) NA 14,263 NA NA NA
Total Capital($000) NA 139,050 129,211 126,299 119,894
Total Risk-weighted Assets($000) NA 1,133,827 1,090,483 1,043,546 915,106
Tier 1 Common Capital (CET1) Ratio(%) NA 11.01 10.59 10.57 11.68
Tier 1 Ratio(%) NA 11.01 10.59 10.57 11.68
Total Capital Ratio(%) NA 12.26 11.84 12.10 13.10
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) NA 7.83 7.78 8.08 8.74
Supplementary Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 4,781,000 4,668,355 4,629,128 4,602,402 4,581,396
Avg Diluted Shares(actual) 4,762,000 4,719,278 4,683,067 4,659,685 4,640,912
Basic Book Value per Share 30.07 29.40 28.87 30.11 28.62
As-reported Book Value per Share 30.07 28.96 28.44 29.67 28.20
Basic Tangible Book Value per Share 24.89 23.88 23.06 23.98 22.73
Reported: Tangible Book Value 24.89 23.53 22.71 23.63 22.40
Common Dividends Declared per Share 1.04 1.04 1.04 1.04 1
EPS after Extra 2.11 2 1.74 1.87 2.38
EPS after Extra Growth(%) 5.50 14.90 (7) (21.40) (0.80)
Core EPS 2.11 2.11 1.57 2.13 2.38
Core EPS Growth(%) 0.20 33.70 (26) (10.50) (13)
Diluted EPS before Amortization 2.32 2.24 2.02 2.07 2.61
Pre-Provision Earnings per Share 2.17 2.11 1.85 2.26 2.27
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