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Financial Highlights

Financial Highlights
2019 FY
12/31/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
2015 FY
12/31/2015
Balance Sheet ($000)
Total Assets 818,683 731,722 707,063 669,978 650,314
Total Net Loans 545,238 543,175 511,472 470,158 418,256
Total Deposits 683,546 606,498 583,259 540,785 525,042
Equity Attributable to Parent Company 85,476 76,536 70,532 65,415 61,266
Total Equity 85,476 76,536 70,532 65,415 61,266
Profitability (%)
Net Income($000) 10,414 9,412 7,101 6,738 6,022
Net Income Attributable to Parent($000) 10,414 9,412 7,101 6,738 6,022
ROAA 1.36 1.31 1.02 1.03 0.95
Core ROAA 1.37 1.33 1.05 1.05 0.96
ROAE 12.77 12.89 10.33 10.44 10.07
ROATCE 13.65 13.95 11.27 11.49 11.20
Core ROAE 12.82 13.01 10.59 10.63 10.15
Net Interest Margin 3.97 3.98 3.80 3.67 3.48
Reported: Net Interest Margin 3.97 3.98 3.80 3.67 3.48
Efficiency Ratio 58 58.17 58.96 59.98 62.37
Noninterest Inc/ Operating Rev 16.02 15.12 15.07 16.44 17.61
Balance Sheet Ratios (%)
Loans/ Deposits 80.70 90.52 88.61 87.92 80.54
Securities/ Assets 15.97 15.16 18.12 19.76 25.59
Total Equity/ Total Assets 10.44 10.46 9.98 9.76 9.42
Tangible Equity/ Tangible Assets 9.91 9.86 9.33 9.07 8.69
Tang Common Equity/ Tang Assets 9.91 9.86 9.33 9.07 8.69
Asset Quality (%)
NPAs/ Assets NA 0.43 0.62 1.72 1.34
NPA Excl Restructured/ Assets NA 0.25 0.33 0.22 0.24
NPAs & 90+ PD/ Assets NA 0.46 0.68 1.76 1.36
NPAs/ Loans & REO NA 0.58 0.85 2.43 2.06
Nonaccrual & 90+ & OREO/ Assets NA 0.27 0.39 0.25 0.26
NPAs & 90+ PD/ Loans & REO NA 0.61 0.93 2.48 2.09
NPA & Loans 90+/ Tangible Common Equity + LLR NA 4.33 6.79 17.95 14.55
NCOs/ Avg Loans 0.01 0.19 0.17 (0.03) 0.03
Loan Loss Reserves/ Gross Loans 1.27 1.08 1.08 1.11 1.10
Reserves/ NPAs NA 185.64 127.71 45.86 53.43
Loan Loss Provision/ NCO NM 129.91 137.62 NM 360.19
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA 73,053 66,203 61,246 56,540
Tier 1 Capital($000) NA 73,053 66,203 61,246 56,540
Tier 2 Capital($000) NA 5,915 5,612 5,299 4,670
Total Capital($000) NA 78,968 71,815 66,545 61,210
Total Risk-weighted Assets($000) NA 543,954 521,283 486,852 452,682
Tier 1 Common Capital (CET1) Ratio(%) NA 13.43 12.70 12.58 12.49
Tier 1 Ratio(%) NA 13.43 12.70 12.58 12.49
Total Capital Ratio(%) NA 14.52 13.78 13.67 13.52
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) NA 10.07 9.31 9.30 8.74
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 2,742,350 2,742,242 2,742,242 2,742,242 2,740,996
Avg Diluted Shares(actual) 2,742,296 2,742,242 2,742,242 2,742,028 2,742,108
Basic Book Value per Share 31.17 27.91 25.72 23.85 22.35
Book Value per Share, As Reported 31.17 27.91 25.72 23.85 22.35
Basic Tangible Book Value per Share 29.41 26.12 23.90 21.99 20.44
Tangible Book Value per Share, As Reported NA 26.13 23.90 21.99 20.44
Common Dividends Declared per Share 1.08 0.98 0.84 0.78 0.76
EPS after Extra 3.80 3.43 2.59 2.46 2.20
EPS after Extra Growth(%) 10.80 32.40 5.30 11.80 2.30
Core EPS 3.82 3.46 2.65 2.50 2.22
Core EPS Growth(%) 10.20 30.40 6 13 3.10
Diluted EPS before Amortization 3.82 3.47 2.63 2.50 2.25
Pre-Provision Earnings per Share 4.05 3.74 2.72 2.44 2.14
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.