Financial Highlights
2020 FQ3 YTD
9/30/2020
2019 FY
12/31/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
Balance Sheet ($000)
Total Assets 2,947,928 2,798,847 2,244,374 2,388,460 2,386,398
Total Net Loans 2,167,718 2,096,298 1,756,817 1,797,908 1,835,000
Total Deposits 2,492,239 2,329,912 1,855,750 1,929,891 1,841,338
Equity Attributable to Parent Company 419,917 428,819 332,857 350,714 339,057
Total Equity 419,917 428,819 332,857 350,714 339,057
COVID-19 Financial Disclosure
Paycheck Protection Program Loan($000) NA NA NA NA NA
PPP Loan Ratio(%) NA NA NA NA NA
COVID-19 Loan Modification($000) NA NA NA NA NA
COVID-19 Loan Modification Ratio(%) NA NA NA NA NA
Processing Fees on PPP Loans($000) NA NA NA NA NA
Profitability (%)
Net Income($000) 24,376 38,802 36,340 21,485 25,126
Net Income Attributable to Parent($000) 24,376 38,802 36,340 21,485 25,126
ROAA 1.14 1.75 1.56 0.91 1.02
Core ROAA 1.23 1.61 1.59 1.22 1.07
ROAE 7.75 11.54 10.64 6.14 7.42
ROATCE 11.93 16.94 15.92 8.97 11.13
Core ROAE 8.40 10.61 10.88 8.25 7.74
Net Interest Margin 4.32 4.59 4.41 4.23 4.01
Reported: Net Interest Margin 4.33 4.59 4.41 4.23 4.01
Efficiency Ratio 55.07 55.67 55.29 56.75 60.50
Noninterest Inc/ Operating Rev 21.17 23 22.95 22.12 22.97
Balance Sheet Ratios (%)
Loans/ Deposits 88.07 90.75 95.65 94.16 100.63
Securities/ Assets 3.57 6.51 8.38 8.43 9.41
Total Equity/ Total Assets 14.24 15.32 14.83 14.68 14.21
Tangible Equity/ Tangible Assets 10.06 10.93 10.95 10.88 10.34
Tang Common Equity/ Tang Assets 10.06 10.93 10.95 10.88 10.34
Asset Quality (%)
NPAs/ Assets 1.27 0.95 1.33 1.22 1.42
NPA Excl Restructured/ Assets 0.90 0.72 1.04 0.90 0.88
NPAs & 90+ PD/ Assets 1.27 0.96 1.33 1.22 1.42
NPAs/ Loans & REO 1.71 1.27 1.69 1.63 1.88
Nonaccrual & 90+ & OREO/ Assets 0.90 0.72 1.04 0.90 0.88
NPAs & 90+ PD/ Loans & REO 1.72 1.27 1.70 1.63 1.88
NPA & Loans 90+/ Tangible Common Equity + LLR 12.09 8.67 11.79 10.87 13.35
NCOs/ Avg Loans 0.20 0.20 0.19 0.08 0.21
Loan Loss Reserves/ Gross Loans 1.24 0.87 1.03 1.06 0.97
Reserves/ NPAs 72.81 69.12 61.27 66.15 52.92
Loan Loss Provision/ NCO 378.19 104.63 70.34 192.03 35.46
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 284,163 292,241 236,544 251,052 241,671
Tier 1 Capital($000) 284,163 292,241 236,544 251,052 256,671
Tier 2 Capital($000) 25,597 18,491 18,333 19,342 18,282
Total Capital($000) 309,760 310,732 254,877 270,394 274,953
Total Risk-weighted Assets($000) 2,046,012 2,042,793 1,723,777 1,795,906 1,741,389
Tier 1 Common Capital (CET1) Ratio(%) 13.89 14.31 13.72 13.98 13.88
Tier 1 Ratio(%) 13.89 14.31 13.72 13.98 14.74
Total Capital Ratio(%) 15.14 15.21 14.79 15.06 15.79
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 10.06 14.01 10.95 11.06 11.07
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 17,716,522 18,376,991 16,007,263 16,998,226 16,994,208
Avg Diluted Shares(actual) 17,836,963 15,756,093 16,666,385 17,077,842 17,365,524
Basic Book Value per Share 23.70 23.33 20.79 20.63 19.95
Book Value per Share, As Reported 23.70 23.33 20.79 20.63 19.95
Basic Tangible Book Value per Share 15.97 15.82 14.69 14.64 13.89
Tangible Book Value per Share, As Reported 15.97 15.82 14.69 14.64 13.89
Common Dividends Declared per Share 0.75 0.96 1.26 0.68 0.60
EPS after Extra 1.37 2.46 2.18 1.26 1.45
EPS after Extra Growth(%) (25.90) 12.80 73 (13.10) 10.70
Core EPS 1.49 2.26 2.23 1.69 1.51
Core EPS Growth(%) (12.10) 1.50 31.70 12 15.60
Diluted EPS before Amortization 1.43 2.52 2.33 1.32 1.52
Pre-Provision Earnings per Share 1.99 2.43 2.28 1.72 1.49
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