Financial Highlights
2018 FQ2
6/30/2018
2017 FQ2
6/30/2017
Y-Y Ch (%)
2018 FQ1
3/31/2018
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 1,448,650 1,383,550 4.71 1,452,908 (1.17)
Total Net Loans 1,082,983 1,024,475 5.71 1,073,379 3.58
Total Deposits 1,183,386 1,082,687 9.30 1,180,380 1.02
Equity Attributable to Parent Company 93,133 95,147 (2.12) 91,271 8.16
Total Equity 93,133 95,147 (2.12) 91,271 8.16
Profitability (%)
Net Income($000) 2,907 1,919 51.49 2,090 156.36
Net Income Attributable to Parent($000) 2,907 1,919 51.49 2,090 156.36
ROAA 0.80 0.57 23 bp 0.59 21 bp
Core ROAA 0.78 0.57 21 bp 0.57 21 bp
ROAE 12.61 8.08 453 bp 9.19 342 bp
ROATCE 12.61 8.08 453 bp 9.19 342 bp
Core ROAE 12.27 8.08 419 bp 8.85 342 bp
Net Interest Margin 3.21 3.49 (28) bp 3.25 (4) bp
Reported: Net Interest Margin NA 3.50 NA 3.29 NA
Efficiency Ratio 74.04 72.42 162 bp 77.93 (389) bp
Noninterest Inc/ Operating Rev 17.79 16.25 154 bp 17 79 bp
Balance Sheet Ratios (%)
Loans/ Deposits NA 95.46 NA 91.82 NA
Securities/ Assets 16.35 16.42 (7) bp 15.52 83 bp
Total Equity/ Total Assets 6.43 6.88 (45) bp 6.28 15 bp
Tangible Equity/ Tangible Assets 6.43 6.88 (45) bp 6.28 15 bp
Tang Common Equity/ Tang Assets 6.43 6.88 (45) bp 6.28 15 bp
Asset Quality (%)
NPAs/ Assets NA 1.67 NA 1.61 NA
NPA Excl Restructured/ Assets NA 1.29 NA 1.29 NA
NPAs & 90+ PD/ Assets NA 1.69 NA 1.61 NA
NPAs/ Loans & REO NA 2.20 NA 2.13 NA
Nonaccrual & 90+ & OREO/ Assets NA 1.31 NA 1.29 NA
NPAs & 90+ PD/ Loans & REO NA 2.23 NA 2.13 NA
NPA & Loans 90+/ Tangible Common Equity + LLR NA 22.11 NA 22.86 NA
NCOs/ Avg Loans 0.07 0.02 5 bp 0.08 (1) bp
Loan Loss Reserves/ Gross Loans 1.02 1.02 0 bp 1.01 1 bp
Reserves/ NPAs NA 45.70 NA 46.92 NA
Loan Loss Provision/ NCO 243.24 NM NM 146.34 9,690 bp
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA 98,021 NA 98,606 NA
Tier 1 Capital($000) NA 130,349 NA 130,070 NA
Tier 2 Capital($000) NA 26,377 NA 27,643 NA
Total Capital($000) NA 156,726 NA 157,713 NA
Total Risk-weighted Assets($000) NA 1,163,348 NA 1,225,858 NA
Tier 1 Common Capital (CET1) Ratio(%) NA 8.43 NA 8.04 NA
Tier 1 Ratio(%) NA 11.20 NA 10.61 NA
Total Capital Ratio(%) 13.41 13.47 (6) bp 12.87 54 bp
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 9.09 9.77 (68) bp 9.17 (8) bp
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) NA 6,069,823 NA 6,024,243 NA
Avg Diluted Shares(actual) 6,062,090 6,077,172 (0.25) 6,034,968 1.80
Basic Book Value per Share NA 15.68 NA 15.15 NA
As-reported Book Value per Share 15.46 15.67 (1.34) 15.14 8.45
Basic Tangible Book Value per Share NA 15.68 NA 15.15 NA
Reported: Tangible Book Value 15.46 15.67 (1.34) 15.14 8.45
Common Dividends Declared per Share 0.10 0.06 66.67 0.07 171.43
EPS after Extra 0.48 0.32 50 0.35 148.57
EPS after Extra Growth(%) 51.30 37.50 1,377 bp 1.20 5,008 bp
Core EPS 0.47 0.32 46.87 0.33 169.70
Core EPS Growth(%) 47.20 38.70 848 bp (2.50) 4,970 bp
Diluted EPS before Amortization 0.48 0.32 50 0.35 148.57
Pre-Provision Earnings per Share 0.45 0.35 28.57 0.35 114.29

   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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