Financial Highlights
2020 FQ3 YTD
9/30/2020
2019 FY
12/31/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
Balance Sheet ($000)
Total Assets 1,492,055 1,378,779 1,521,027 1,397,045 1,242,670
Total Net Loans 1,059,870 1,022,657 1,193,739 1,142,279 1,019,003
Total Deposits 1,050,171 1,101,442 1,223,347 1,110,077 977,518
Equity Attributable to Parent Company 169,910 172,029 152,284 140,986 131,288
Total Equity 169,910 172,029 152,284 140,986 131,288
COVID-19 Financial Disclosure
Paycheck Protection Program Loan($000) NA NA NA NA NA
PPP Loan Ratio(%) NA NA NA NA NA
COVID-19 Loan Modification($000) NA NA NA NA NA
COVID-19 Loan Modification Ratio(%) NA NA NA NA NA
Processing Fees on PPP Loans($000) NA NA NA NA NA
Profitability (%)
Net Income($000) 961 16,452 14,251 10,425 10,694
Net Income Attributable to Parent($000) 961 16,452 14,251 10,425 10,694
ROAA 0.09 1.13 0.96 0.80 0.98
Core ROAA 0.44 1.19 0.98 0.93 1.16
ROAE 0.75 10.10 9.50 7.58 8.83
ROATCE 3.99 10.84 10.72 8.51 9.75
Core ROAE 3.73 10.63 9.71 8.72 10.41
Net Interest Margin 2.54 2.93 2.91 3.11 3.35
Reported: Net Interest Margin 2.55 2.93 2.91 3.11 3.35
Efficiency Ratio 66.04 56.71 52.67 52.43 46.60
Noninterest Inc/ Operating Rev 26.03 24.24 17.39 16.50 19.68
Balance Sheet Ratios (%)
Loans/ Deposits 102.45 94.04 98.69 103.50 105.42
Securities/ Assets 20.39 11.63 13.08 9.38 10.46
Total Equity/ Total Assets 11.39 12.48 10.01 10.09 10.56
Tangible Equity/ Tangible Assets 11.38 12.14 9.68 9.71 10.10
Tang Common Equity/ Tang Assets 10.85 11.56 9.15 9.13 9.45
Asset Quality (%)
NPAs/ Assets 4.25 4.23 3.22 1.80 2.19
NPA Excl Restructured/ Assets 2.98 2.65 1.94 1.15 1.84
NPAs & 90+ PD/ Assets NA 4.23 3.22 1.80 2.19
NPAs/ Loans & REO 5.87 5.58 4.02 2.17 2.63
Nonaccrual & 90+ & OREO/ Assets NA 2.65 1.94 1.15 1.84
NPAs & 90+ PD/ Loans & REO NA 5.58 4.02 2.17 2.63
NPA & Loans 90+/ Tangible Common Equity + LLR NA 33.48 31.53 17.92 20.99
NCOs/ Avg Loans 0.01 0.15 (0.01) 0.16 0.08
Loan Loss Reserves/ Gross Loans 1.73 1.47 1.36 1.15 1.23
Reserves/ NPAs 29.39 26.20 33.72 52.69 46.54
Loan Loss Provision/ NCO NM 25.47 NM 134.84 411.54
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 154,733 156,969 141,085 127,840 117,755
Tier 1 Capital($000) 178,426 180,620 164,675 151,363 141,206
Tier 2 Capital($000) 66,332 44,474 46,093 13,811 13,129
Total Capital($000) 244,758 225,094 210,768 165,174 154,335
Total Risk-weighted Assets($000) 1,200,411 1,159,298 1,331,529 1,262,432 1,135,638
Tier 1 Common Capital (CET1) Ratio(%) 12.89 13.54 10.58 10.13 10.37
Tier 1 Ratio(%) 14.86 15.58 12.35 11.99 12.43
Total Capital Ratio(%) 20.39 19.41 15.81 13.08 13.59
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 12.86 12.42 11.09 11.03 11.48
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 6,294,675 6,734,132 6,709,480 6,673,381 6,586,335
Avg Diluted Shares(actual) 6,563,874 6,768,925 6,772,927 6,746,846 6,415,204
Basic Book Value per Share 25.72 24.36 21.50 19.93 18.72
Book Value per Share, As Reported 25.72 24.32 21.48 19.93 18.72
Basic Tangible Book Value per Share 25.71 23.58 20.68 19.04 17.74
Tangible Book Value per Share, As Reported 25.71 23.58 20.65 19.04 17.74
Common Dividends Declared per Share 0.21 0.20 0.28 0.24 0.20
EPS after Extra 0.10 2.36 2.04 1.49 1.61
EPS after Extra Growth(%) (94.70) 15.70 36.90 (7.50) (11.50)
Core EPS 0.66 2.49 2.09 1.72 1.91
Core EPS Growth(%) (64.70) 19.20 21.20 (9.80) 4.90
Diluted EPS before Amortization 0.87 2.40 2.10 1.57 1.67
Pre-Provision Earnings per Share 0.61 2.53 2.56 1.96 2.25
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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