Financial Highlights
2019 FQ4
12/31/2019
2018 FQ3
9/30/2018
Y-Y Ch (%)
2019 FQ2
6/30/2019
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 1,492,962 1,451,664 2.84 1,470,914 6
Total Net Loans 1,156,748 1,104,407 4.74 1,145,060 4.08
Total Deposits 1,186,521 1,182,734 0.32 1,186,109 0.14
Equity Attributable to Parent Company 115,038 94,872 21.26 109,380 20.69
Total Equity 115,038 94,872 21.26 109,380 20.69
Profitability (%)
Net Income($000) 4,068 3,098 31.31 3,520 62.27
Net Income Attributable to Parent($000) 4,068 3,098 31.31 3,520 62.27
ROAA 1.11 0.85 26 bp 0.95 16 bp
Core ROAA 1.11 0.84 27 bp 0.95 16 bp
ROAE 14.28 13.13 115 bp 13.16 112 bp
ROATCE 14.28 13.13 115 bp 13.16 112 bp
Core ROAE 14.28 12.96 132 bp 13.16 112 bp
Net Interest Margin 3.63 3.34 29 bp 3.49 14 bp
Reported: Net Interest Margin 3.63 3.31 32 bp 3.50 13 bp
Efficiency Ratio 64.35 71.36 (701) bp 67.07 (272) bp
Noninterest Inc/ Operating Rev 15.45 17.29 (184) bp 14.86 59 bp
Balance Sheet Ratios (%)
Loans/ Deposits NA 94.33 NA 97.53 NA
Securities/ Assets 12.12 15.81 (369) bp 14.86 (274) bp
Total Equity/ Total Assets 7.71 6.54 117 bp 7.44 27 bp
Tangible Equity/ Tangible Assets 7.71 6.54 117 bp 7.44 27 bp
Tang Common Equity/ Tang Assets 7.71 6.54 117 bp 7.44 27 bp
Asset Quality (%)
NPAs/ Assets NA 1.56 NA 1.47 NA
NPA Excl Restructured/ Assets NA 1.34 NA 1.27 NA
NPAs & 90+ PD/ Assets NA 1.58 NA 1.48 NA
NPAs/ Loans & REO NA 2.01 NA 1.85 NA
Nonaccrual & 90+ & OREO/ Assets NA 1.35 NA 1.29 NA
NPAs & 90+ PD/ Loans & REO NA 2.03 NA 1.86 NA
NPA & Loans 90+/ Tangible Common Equity + LLR NA 21.57 NA 17.99 NA
NCOs/ Avg Loans 0 0.04 (4) bp 0.07 (7) bp
Loan Loss Reserves/ Gross Loans 1.07 1.02 5 bp 1.03 4 bp
Reserves/ NPAs NA 50.08 NA 55.01 NA
Loan Loss Provision/ NCO NM 240.38 NM 117.92 NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA 103,498 NA 112,371 NA
Tier 1 Capital($000) NA 136,124 NA 148,831 NA
Tier 2 Capital($000) NA 26,865 NA 23,583 NA
Total Capital($000) NA 162,989 NA 172,414 NA
Total Risk-weighted Assets($000) NA 1,203,942 NA 1,254,595 NA
Tier 1 Common Capital (CET1) Ratio(%) NA 8.60 NA 8.96 NA
Tier 1 Ratio(%) NA 11.31 NA 11.86 NA
Total Capital Ratio(%) 14.70 13.54 116 bp 13.74 96 bp
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 10.73 9.35 138 bp 10.03 70 bp
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 6,275,941 6,276,237 0 6,276,237 (0.02)
Avg Diluted Shares(actual) 6,258,462 6,270,817 (0.20) 6,276,236 (1.13)
Basic Book Value per Share 18.33 15.12 21.23 17.43 20.65
Book Value per Share, As Reported 18.33 15.14 21.07 17.43 20.65
Basic Tangible Book Value per Share 18.33 15.12 21.23 17.43 20.65
Tangible Book Value per Share, As Reported 18.33 15.14 21.07 17.43 20.65
Common Dividends Declared per Share 0.12 0.10 20 0.12 0
EPS after Extra 0.65 0.49 32.65 0.56 64.29
EPS after Extra Growth(%) 53.60 76.80 (2,316) bp 21.30 3,231 bp
Core EPS 0.65 0.48 35.42 0.56 64.29
Core EPS Growth(%) 76.70 74.60 214 bp 25 5,172 bp
Diluted EPS before Amortization 0.65 0.49 32.65 0.56 64.29
Pre-Provision Earnings per Share 0.67 0.47 42.55 0.58 62.07

   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.


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.