Financial Highlights Report
Financial Highlights
2019 FQ1 YTD
3/31/2019
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 2,115,697 2,118,822 2,083,070 2,076,018 1,339,930
Total Net Loans 1,668,787 1,684,804 1,619,850 1,556,416 809,373
Total Deposits 1,629,834 1,595,993 1,506,082 1,518,071 900,363
Equity Attributable to Parent Company 227,317 237,029 247,281 238,396 139,466
Total Equity 227,317 237,029 247,281 238,396 139,466
Profitability (%)
Net Income($000) 3,430 16,408 12,320 4,834 5,715
Net Income Attributable to Parent($000) 3,430 16,408 12,320 4,834 5,715
ROAA 0.65 0.78 0.59 0.32 0.42
Core ROAA 0.65 0.79 0.81 0.45 0.35
ROAE 5.97 6.82 4.94 2.95 4.10
ROATCE 6.56 7.45 5.40 3.02 4.10
Core ROAE 5.95 6.84 6.77 4.13 3.36
Net Interest Margin 2.93 3.08 3.12 2.70 2.53
Reported: Net Interest Margin 2.97 3.08 3.12 2.70 2.53
Efficiency Ratio 72.22 66.07 63.74 73.46 77.50
Noninterest Inc/ Operating Rev 12.60 12.91 12.44 11.45 9.25
Balance Sheet Ratios (%)
Loans/ Deposits 103.12 106.32 108.27 103.18 90.88
Securities/ Assets 12.47 12.97 14.59 15.23 32.53
Total Equity/ Total Assets 10.74 11.19 11.87 11.48 10.41
Tangible Equity/ Tangible Assets 10.06 10.50 11.17 10.70 10.41
Tang Common Equity/ Tang Assets 10.06 10.50 11.17 10.70 10.41
Asset Quality (%)
NPAs/ Assets 0.82 0.75 0.71 0.79 0.64
NPA Excl Restructured/ Assets 0.72 0.64 0.62 0.69 0.60
NPAs & 90+ PD/ Assets 0.82 0.75 0.71 0.79 0.64
NPAs/ Loans & REO 1.04 0.94 0.90 1.05 1.05
Nonaccrual & 90+ & OREO/ Assets 0.72 0.64 0.62 0.69 0.60
NPAs & 90+ PD/ Loans & REO 1.04 0.94 0.90 1.05 1.05
NPA & Loans 90+/ Tangible Common Equity + LLR 7.81 6.82 6.09 7.15 5.78
NCOs/ Avg Loans 0.05 0.04 0.04 (0.06) 0.05
Loan Loss Reserves/ Gross Loans 0.71 0.71 0.66 0.64 1.08
Reserves/ NPAs 68.14 75.88 73.63 61.19 103.09
Loan Loss Provision/ NCO 22.32 280.24 227.81 NM 332.90
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 222,443 235,308 244,774 235,261 150,444
Tier 1 Capital($000) 222,443 235,308 244,774 235,261 150,444
Tier 2 Capital($000) 11,879 12,053 10,831 10,128 8,942
Total Capital($000) 234,322 247,361 255,605 245,389 159,386
Total Risk-weighted Assets($000) 1,640,435 1,661,145 1,646,384 1,625,468 926,706
Tier 1 Common Capital (CET1) Ratio(%) 13.56 14.14 14.87 14.47 16.23
Tier 1 Ratio(%) 13.56 14.14 14.87 14.47 16.23
Total Capital Ratio(%) 14.28 14.87 15.53 15.10 17.20
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 10.58 11.14 11.84 12.19 11.16
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 26,953,429 28,393,348 30,487,309 30,380,231 18,267,747
Avg Diluted Shares(actual) 27,153,160 29,029,394 30,026,638 19,803,744 17,497,620
Basic Book Value per Share 8.43 8.35 8.11 7.85 7.63
Book Value per Share, As Reported 8.43 8.35 8.11 7.85 7.63
Basic Tangible Book Value per Share 7.84 7.78 7.57 7.25 7.63
Tangible Book Value per Share, As Reported 7.84 7.78 7.57 7.25 7.63
Common Dividends Declared per Share 0.05 0.16 0.12 0.12 0.12
EPS after Extra 0.13 0.57 0.41 0.24 0.33
EPS after Extra Growth(%) 8.30 39 70.80 (27.30) (2.90)
Core EPS 0.13 0.57 0.56 0.34 0.27
Core EPS Growth(%) (0.90) 1.90 67 24.30 (17.60)
Diluted EPS before Amortization 0.13 0.58 0.42 0.24 0.33
Pre-Provision Earnings per Share 0.13 0.62 0.51 0.35 0.28
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.