Financial Highlights
2018 FQ4
12/31/2018
2017 FQ4
12/31/2017
Y-Y Ch (%)
2018 FQ3
9/30/2018
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 1,481,682 1,429,216 3.67 1,451,664 8.27
Total Net Loans 1,134,975 1,057,580 7.32 1,104,407 11.07
Total Deposits 1,198,468 1,125,812 6.45 1,182,734 5.32
Equity Attributable to Parent Company 99,414 91,371 8.80 94,872 19.15
Total Equity 99,414 91,371 8.80 94,872 19.15
Profitability (%)
Net Income($000) 2,619 (2,372) NM 3,098 (61.85)
Net Income Attributable to Parent($000) 2,619 (2,372) NM 3,098 (61.85)
ROAA 0.71 (0.68) 139 bp 0.85 (14) bp
Core ROAA 0.71 0.22 49 bp 0.84 (13) bp
ROAE 10.78 (9.81) 2,059 bp 13.13 (235) bp
ROATCE 10.78 (9.81) 2,059 bp 13.13 (235) bp
Core ROAE 10.79 3.16 763 bp 12.96 (217) bp
Net Interest Margin 3.30 3.36 (6) bp 3.33 (3) bp
Reported: Net Interest Margin NA 3.33 NA 3.30 NA
Efficiency Ratio 73.59 74.81 (122) bp 71.46 213 bp
Noninterest Inc/ Operating Rev 17.47 17.23 24 bp 17.05 42 bp
Balance Sheet Ratios (%)
Loans/ Deposits NA 94.87 NA 94.33 NA
Securities/ Assets 15.11 16.62 (151) bp 15.81 (70) bp
Total Equity/ Total Assets 6.71 6.39 32 bp 6.54 17 bp
Tangible Equity/ Tangible Assets 6.71 6.39 32 bp 6.54 17 bp
Tang Common Equity/ Tang Assets 6.71 6.39 32 bp 6.54 17 bp
Asset Quality (%)
NPAs/ Assets NA 1.65 NA 1.56 NA
NPA Excl Restructured/ Assets NA 1.32 NA 1.34 NA
NPAs & 90+ PD/ Assets NA 1.67 NA 1.58 NA
NPAs/ Loans & REO NA 2.18 NA 2.01 NA
Nonaccrual & 90+ & OREO/ Assets NA 1.34 NA 1.35 NA
NPAs & 90+ PD/ Loans & REO NA 2.21 NA 2.03 NA
NPA & Loans 90+/ Tangible Common Equity + LLR NA 23.35 NA 21.57 NA
NCOs/ Avg Loans 0.06 0.26 (20) bp 0.04 2 bp
Loan Loss Reserves/ Gross Loans 1.02 1.02 0 bp 1.02 0 bp
Reserves/ NPAs NA 46.10 NA 50.08 NA
Loan Loss Provision/ NCO 262.43 78.17 18,426 bp 240.38 2,205 bp
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA 97,033 NA 103,498 NA
Tier 1 Capital($000) NA 129,369 NA 136,124 NA
Tier 2 Capital($000) NA 26,676 NA 26,865 NA
Total Capital($000) NA 156,045 NA 162,989 NA
Total Risk-weighted Assets($000) NA 1,207,212 NA 1,203,942 NA
Tier 1 Common Capital (CET1) Ratio(%) NA 8.04 NA 8.60 NA
Tier 1 Ratio(%) NA 10.72 NA 11.31 NA
Total Capital Ratio(%) 13.55 12.93 62 bp 13.54 1 bp
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 9.78 9.33 45 bp 9.35 43 bp
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 6,028,745 6,029,929 (0.02) 6,034,843 (0.40)
Avg Diluted Shares(actual) 5,958,671 6,039,480 (1.34) 6,029,632 (4.71)
Basic Book Value per Share 16.49 15.15 8.84 15.72 19.59
Book Value per Share, As Reported 16.49 15.08 9.35 15.75 18.79
Basic Tangible Book Value per Share 16.49 15.15 8.84 15.72 19.59
Tangible Book Value per Share, As Reported 16.49 15.08 9.35 15.75 18.79
Common Dividends Declared per Share 0.10 0.07 42.86 0.10 0
EPS after Extra 0.44 (0.39) NM 0.51 (54.90)
EPS after Extra Growth(%) NM NM NM 76.80 NM
Core EPS 0.44 0.13 238.46 0.50 (48)
Core EPS Growth(%) 246.60 (60.80) 30,741 bp 74.60 17,208 bp
Diluted EPS before Amortization 0.44 (0.39) NM 0.51 (54.90)
Pre-Provision Earnings per Share 0.49 0.34 44.12 0.49 0

   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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