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 3,357,572 2,182,644 1,759,855 1,220,301 964,788
Total Net Loans 2,646,677 1,846,274 1,405,009 1,042,731 810,356
Total Deposits 2,790,774 1,660,554 1,404,355 993,780 766,039
Equity Attributable to Parent Company 299,124 264,517 236,884 109,491 75,952
Total Equity 299,124 264,517 236,884 109,491 75,952
Profitability (%)
Net Income($000) 30,134 25,554 12,369 5,013 4,269
Net Income Attributable to Parent($000) 30,134 25,554 12,369 5,013 4,269
ROAA 1.06 1.31 0.81 0.46 0.50
Core ROAA 1.06 1.29 0.92 0.45 0.50
ROAE 10.66 10.18 9.27 5.56 6.21
ROATCE 11.10 10.79 10.33 NA NA
Core ROAE 10.64 10.03 10.45 5.53 6.21
Net Interest Margin 3.46 3.70 3.52 3.53 3.33
Reported: Net Interest Margin 3.46 3.70 3.52 3.53 3.36
Efficiency Ratio 55.42 52.42 51.66 63 72.30
Noninterest Inc/ Operating Rev 9.77 14.10 17.65 12.39 14.09
Balance Sheet Ratios (%)
Loans/ Deposits 95.78 112.32 101.11 106.11 107.08
Securities/ Assets 7.80 2.72 2.91 4.62 6.72
Total Equity/ Total Assets 8.91 12.12 13.46 8.97 7.87
Tangible Equity/ Tangible Assets 8.64 11.73 12.98 8.24 6.93
Tang Common Equity/ Tang Assets 8.48 11.47 12.66 7.79 NA
Asset Quality (%)
NPAs/ Assets NA 0.07 0.35 0.95 1.49
NPA Excl Restructured/ Assets 0.12 0 0.19 0.30 0.22
NPAs & 90+ PD/ Assets NA 0.08 0.35 0.95 1.49
NPAs/ Loans & REO NA 0.08 0.43 1.10 1.75
Nonaccrual & 90+ & OREO/ Assets 0.13 0.01 0.19 0.30 0.22
NPAs & 90+ PD/ Loans & REO NA 0.10 0.43 1.10 1.75
NPA & Loans 90+/ Tangible Common Equity + LLR NA 0.67 2.57 10.89 NA
NCOs/ Avg Loans (0.13) (0.06) 0.32 0.66 0
Loan Loss Reserves/ Gross Loans 0.98 1.02 1.05 1.12 1.21
Reserves/ NPAs NA NM 244.53 102.30 69.32
Loan Loss Provision/ NCO NM NM 177.05 130.27 NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA 249,655 221,803 114,421 82,353
Tier 1 Capital($000) NA 275,158 247,305 119,923 86,219
Tier 2 Capital($000) NA 43,895 39,734 11,972 8,347
Total Capital($000) NA 319,053 287,039 131,895 94,566
Total Risk-weighted Assets($000) NA 1,888,464 1,445,913 1,059,454 788,822
Tier 1 Common Capital (CET1) Ratio(%) 10.10 13.22 15.34 10.80 10.44
Tier 1 Ratio(%) 11 14.57 17.09 11.32 10.93
Total Capital Ratio(%) 12.50 16.96 19.86 12.45 11.98
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 9.40 13.72 13.71 10.49 9.34
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 8,312,918 8,217,274 8,196,310 4,539,925 3,095,784
Avg Diluted Shares(actual) 8,339,142 8,288,524 5,202,234 3,673,026 2,719,805
Basic Book Value per Share 35.32 31.52 28.23 22.91 NA
Book Value per Share, As Reported 35.32 31.52 28.23 22.91 NA
Basic Tangible Book Value per Share 34.15 30.34 27.04 20.76 NA
Tangible Book Value per Share, As Reported 34.15 30.34 27.04 20.76 NA
Common Dividends Declared per Share 0 0 0 NA NA
EPS after Extra 3.56 3.06 2.34 0.43 1.54
EPS after Extra Growth(%) 16.30 30.80 444.20 (72.10) NA
Core EPS 3.55 3.02 2.65 0.42 1.54
Core EPS Growth(%) 17.80 13.70 527.10 (72.50) NA
Diluted EPS before Amortization 3.56 3.06 2.34 0.43 1.54
Pre-Provision Earnings per Share 4.51 3.74 3.83 1.93 2.08
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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