Financial Highlights

Financial Highlights
2012 FY
12/31/2012
2013 FY
12/31/2013
2014 FY
12/31/2014
2015 FY
12/31/2015
2016 FQ3 YTD
9/30/2016
Balance Sheet ($000)
Total Assets 1,270,477 1,423,870 1,503,786 1,517,774 1,584,082
Total Net Loans 914,219 1,134,790 1,208,845 1,219,649 1,240,357
Total Deposits 949,341 1,088,092 1,152,714 1,157,352 1,141,710
Equity Attributable to Parent Company 129,494 149,257 139,836 136,708 142,389
Total Equity 129,494 149,257 139,836 136,708 142,389
Profitability (%)
Net Income($000) 7,759 8,414 10,040 9,029 7,144
Net Income Attributable to Parent($000) 7,759 8,414 10,040 9,029 7,144
ROAA 0.69 0.66 0.68 0.61 0.60
Core ROAA 0.54 0.66 0.71 0.66 0.64
ROAE 6.99 5.86 6.81 6.33 6.78
ROATCE 12.11 13.01 14.65 12.10 11.64
Core ROAE 5.42 5.86 7.14 6.90 7.24
Net Interest Margin 2.85 2.97 3.08 2.99 3.02
Reported: Net Interest Margin 2.85 2.97 3.08 2.99 3.02
Efficiency Ratio 70.53 73.35 74.91 74.89 74.46
Noninterest Inc/ Operating Rev 26.45 27.94 30.14 30.86 30.25
Balance Sheet Ratios (%)
Loans/ Deposits 96.08 105.13 105.50 105.96 109.11
Securities/ Assets 17.85 9.48 8.41 8.58 10.58
Total Equity/ Total Assets 10.19 10.48 9.30 9.01 8.99
Tangible Equity/ Tangible Assets 7.36 6.84 5.93 5.75 5.94
Tang Common Equity/ Tang Assets 5.50 5.16 5.37 5.75 5.94
Asset Quality (%)
NPAs/ Assets 2.02 1.57 1.09 0.91 0.73
NPA Excl Restructured/ Assets 1.35 0.75 0.50 0.46 0.34
NPAs & 90+ PD/ Assets 2.02 1.57 1.09 0.91 0.73
NPAs/ Loans & REO 2.78 1.95 1.34 1.13 0.92
Nonaccrual & 90+ & OREO/ Assets 1.35 0.75 0.50 0.46 0.34
NPAs & 90+ PD/ Loans & REO 2.78 1.95 1.34 1.13 0.92
NPA & Loans 90+/ Tangible Common Equity + LLR 33.07 27.75 18.77 14.87 11.51
NCOs/ Avg Loans 0.24 0.12 0.12 0.12 0.05
Loan Loss Reserves/ Gross Loans 1.07 0.85 0.76 0.72 0.72
Reserves/ NPAs 38.66 43.75 56.63 64.24 78.04
Loan Loss Provision/ NCO 141.40 85.21 64.97 74.37 117.32
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA NA NA 97,270 100,857
Tier 1 Capital($000) NA NA NA 117,270 120,857
Tier 2 Capital($000) NA NA NA 9,082 26,152
Total Capital($000) NA NA NA 126,352 147,009
Total Risk-weighted Assets($000) NA NA NA 1,033,809 1,065,690
Tier 1 Common Capital (CET1) Ratio(%) NA NA NA 9.41 9.46
Tier 1 Ratio(%) NA NA NA 11.34 11.34
Total Capital Ratio(%) NA NA NA 12.22 13.79
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) NA NA NA 8.03 7.83
Supplementary Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 7,055,946 8,216,747 8,258,031 8,376,841 8,388,079
Avg Diluted Shares(actual) 5,912,051 7,301,861 8,246,528 8,255,826 8,303,310
Basic Book Value per Share 15.09 15.37 15.96 16.32 16.98
As-reported Book Value per Share 15.09 15.37 15.97 16.32 16.98
Basic Tangible Book Value per Share 9.59 8.59 9.44 10.06 10.85
Reported: Tangible Book Value 9.59 8.59 9.44 10.76 11.51
Common Dividends Declared per Share 0.52 0.52 0.52 0.54 0.42
EPS after Extra 1.20 1.11 1.19 1.08 0.85
EPS after Extra Growth(%) 0 (7.50) 7.20 (9.20) 3.70
Core EPS 0.91 1.11 1.25 1.18 0.91
Core EPS Growth(%) 1.50 22.40 12.50 (5.60) 3
Diluted EPS before Amortization 1.27 1.25 1.39 1.26 0.97
Pre-Provision Earnings per Share 1.10 0.98 1.04 1.04 0.83
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