Investor Relations

Financial Highlights

Financial Highlights
2016 FY
12/31/2016
2017 FY
12/31/2017
2018 FY
12/31/2018
2019 FY
12/31/2019
2020 FQ1 YTD
3/31/2020
Balance Sheet ($000)
Total Assets 607,371 646,544 670,544 1,386,128 1,398,490
Total Net Loans 366,697 402,731 425,875 852,134 853,593
Total Deposits 512,386 539,853 577,015 1,154,602 1,173,399
Equity Attributable to Parent Company 71,698 76,550 80,477 192,139 195,802
Total Equity 71,698 76,550 80,477 192,139 195,802
Profitability (%)
Net Income($000) 6,090 6,168 7,333 7,171 3,254
Net Income Attributable to Parent($000) 6,090 6,168 7,333 7,171 3,254
ROAA 1.04 0.98 1.15 0.85 0.93
Core ROAA 1.05 0.95 1.14 1.07 1.16
ROAE 8.44 8.22 9.55 6.48 6.60
ROATCE 10.88 10.06 11.63 8.17 10.20
Core ROAE 8.50 7.95 9.44 8.15 8.27
Net Interest Margin 3.72 3.67 3.86 3.71 3.58
Reported: Net Interest Margin 3.72 3.67 3.86 3.71 3.58
Efficiency Ratio 67.59 68.38 70.08 70.08 62.72
Noninterest Inc/ Operating Rev 28.15 25.84 23.39 24.66 29.02
Balance Sheet Ratios (%)
Loans/ Deposits 72.02 75.13 74.47 73.89 72.52
Securities/ Assets 29.30 24.62 25.80 25.17 26.52
Total Equity/ Total Assets 11.80 11.84 12 13.86 14
Tangible Equity/ Tangible Assets 9.77 9.93 10.16 10.04 10.26
Tang Common Equity/ Tang Assets 9.77 9.93 10.16 10.04 10.26
Asset Quality (%)
NPAs/ Assets 0.87 0.63 0.58 0.53 0.50
NPA Excl Restructured/ Assets 0.40 0.19 0.24 0.41 0.36
NPAs & 90+ PD/ Assets 0.91 0.67 0.58 0.53 0.50
NPAs/ Loans & REO 1.42 1.01 0.90 0.86 0.81
Nonaccrual & 90+ & OREO/ Assets 0.44 0.23 0.24 0.41 0.36
NPAs & 90+ PD/ Loans & REO 1.48 1.07 0.90 0.86 0.81
NPA & Loans 90+/ Tangible Common Equity + LLR 8.84 6.46 5.44 5.35 4.90
NCOs/ Avg Loans (0.02) 0.05 (0.02) 0.12 0.02
Loan Loss Reserves/ Gross Loans 1.15 1.12 1.09 0.47 0.56
Reserves/ NPAs 81.11 111.69 120.19 55.26 68.61
Loan Loss Provision/ NCO NM 262.16 NM 0 NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 55,324 62,584 67,481 131,785 134,355
Tier 1 Capital($000) 55,324 62,584 67,481 131,785 134,355
Tier 2 Capital($000) 4,320 4,571 4,667 4,051 4,783
Total Capital($000) 59,644 67,155 72,148 135,836 139,138
Total Risk-weighted Assets($000) 457,223 485,147 522,703 953,582 966,583
Tier 1 Common Capital (CET1) Ratio(%) 12.10 12.90 12.91 13.82 13.90
Tier 1 Ratio(%) 12.10 12.90 12.91 13.82 13.90
Total Capital Ratio(%) 13 13.90 13.80 14.23 14.40
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 9.20 9.90 10.52 9.65 9.90
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 3,613,933 3,620,997 3,616,483 7,245,088 7,249,533
Avg Diluted Shares(actual) 3,629,519 3,629,681 3,628,127 4,539,275 7,262,405
Basic Book Value per Share 19.84 21.14 22.25 26.52 27.01
Book Value per Share, As Reported 19.73 21.14 22.25 26.52 NA
Basic Tangible Book Value per Share 16.04 17.35 18.46 18.39 18.97
Tangible Book Value per Share, As Reported NA NA 18.46 18.39 NA
Common Dividends Declared per Share 0.62 0.64 0.71 1.40 0.20
EPS after Extra 1.68 1.70 2.02 1.58 0.45
EPS after Extra Growth(%) 6.30 1 19.20 (21.80) 0
Core EPS 1.69 1.64 2 1.99 0.56
Core EPS Growth(%) 8.50 (3) 21.80 (0.60) 22.30
Diluted EPS before Amortization 1.78 1.70 2.02 1.66 0.50
Pre-Provision Earnings per Share 1.42 1.50 1.83 1.82 0.58
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.
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