Financial Highlights
2020 FQ3
9/30/2020
2019 FQ2
6/30/2019
Y-Y Ch (%)
2020 FQ1
3/31/2020
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 1,522,917 1,330,723 14.44 1,356,381 49.11
Total Net Loans 1,138,493 1,055,397 7.87 1,038,885 38.35
Total Deposits 1,280,887 1,114,853 14.89 1,095,381 67.74
Equity Attributable to Parent Company 166,168 157,840 5.28 160,060 15.26
Total Equity 166,168 157,840 5.28 160,060 15.26
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) 3,324 3,669 (9.40) 3,051 35.79
Net Income Attributable to Parent($000) 3,324 3,669 (9.40) 3,051 35.79
ROAA 0.87 1.11 (24) bp 0.92 (5) bp
Core ROAA 0.92 1.15 (23) bp 0.96 (4) bp
ROAE 8.04 9.38 (134) bp 7.50 54 bp
ROATCE 9.79 11.56 (177) bp 9.22 57 bp
Core ROAE 8.51 9.72 (121) bp 7.83 68 bp
Net Interest Margin 4.04 4.77 (73) bp 4.60 (56) bp
Reported: Net Interest Margin 4.02 4.78 (76) bp 4.63 (61) bp
Efficiency Ratio 69.65 66.04 361 bp 72.66 (301) bp
Noninterest Inc/ Operating Rev 19.27 7.35 1,192 bp 12.63 664 bp
Balance Sheet Ratios (%)
Loans/ Deposits 89.34 95.14 (580) bp 95.33 (599) bp
Securities/ Assets 7.34 8.66 (132) bp 8.82 (148) bp
Total Equity/ Total Assets 10.91 11.86 (95) bp 11.80 (89) bp
Tangible Equity/ Tangible Assets 9.48 10.18 (70) bp 10.18 (70) bp
Tang Common Equity/ Tang Assets 9.48 10.18 (70) bp 10.18 (70) bp
Asset Quality (%)
NPAs/ Assets NA 0.89 NA 1.10 NA
NPA Excl Restructured/ Assets 0.48 0.51 (3) bp 0.64 (16) bp
NPAs & 90+ PD/ Assets NA 0.89 NA 1.10 NA
NPAs/ Loans & REO NA 1.11 NA 1.42 NA
Nonaccrual & 90+ & OREO/ Assets 0.48 0.51 (3) bp 0.64 (16) bp
NPAs & 90+ PD/ Loans & REO NA 1.11 NA 1.42 NA
NPA & Loans 90+/ Tangible Common Equity + LLR NA 8.55 NA 10.57 NA
NCOs/ Avg Loans (0.03) 0.02 (5) bp 0.04 (7) bp
Loan Loss Reserves/ Gross Loans 0.51 0.50 1 bp 0.51 0 bp
Reserves/ NPAs NA 44.88 NA 35.53 NA
Loan Loss Provision/ NCO NM 416.67 NM 86.21 NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 138,700 126,133 9.96 132,717 18.03
Tier 1 Capital($000) 138,700 126,133 9.96 132,717 18.03
Tier 2 Capital($000) 5,832 5,306 9.91 5,292 40.82
Total Capital($000) 144,532 131,439 9.96 138,009 18.91
Total Risk-weighted Assets($000) 997,842 1,033,877 (3.49) 1,029,612 (12.34)
Tier 1 Common Capital (CET1) Ratio(%) 13.90 12.20 170 bp 12.89 101 bp
Tier 1 Ratio(%) 13.90 12.20 170 bp 12.89 101 bp
Total Capital Ratio(%) 14.49 12.72 177 bp 13.41 108 bp
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 9.20 9.74 (54) bp 10.20 (100) bp
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 10,533,589 10,740,712 (1.93) 10,533,589 0
Avg Diluted Shares(actual) 10,533,589 10,752,070 (2.03) 10,814,791 (10.40)
Basic Book Value per Share 15.78 14.70 7.35 15.20 15.26
Book Value per Share, As Reported 15.78 14.70 7.35 15.20 15.26
Basic Tangible Book Value per Share 13.49 12.37 9.05 12.87 19.27
Tangible Book Value per Share, As Reported 13.49 12.40 8.79 12.87 19.27
Common Dividends Declared per Share 0.14 0.12 16.67 0.14 0
EPS after Extra 0.32 0.34 (5.88) 0.28 57.14
EPS after Extra Growth(%) (8.60) 580 (58,857) bp (6.70) (190) bp
Core EPS 0.34 0.35 (2.86) 0.29 68.97
Core EPS Growth(%) (6.50) 37.80 (4,432) bp (6.60) 6 bp
Diluted EPS before Amortization 0.34 0.36 (5.56) 0.30 53.33
Pre-Provision Earnings per Share 0.36 0.35 2.86 0.29 96.55

   Q-Q Ch(%)= most recent quarter minus prior quarter annualized e.g. [(Q4-Q3)/Q3]*4

  * Percentages presented for individual quarters are annualized by taking the quarter amount and multiplying by four.


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