Financial Highlights Report
Financial Highlights
2018 FQ3 YTD
9/30/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
2015 FY
12/31/2015
2014 FY
12/31/2014
Balance Sheet ($000)
Total Assets 2,150,525 2,083,070 2,076,018 1,339,930 1,320,096
Total Net Loans 1,680,333 1,619,850 1,556,416 809,373 716,738
Total Deposits 1,609,019 1,506,082 1,518,071 900,363 834,218
Equity Attributable to Parent Company 241,285 247,281 238,396 139,466 142,543
Total Equity 241,285 247,281 238,396 139,466 142,543
Profitability (%)
Net Income($000) 12,567 12,320 4,834 5,715 6,162
Net Income Attributable to Parent($000) 12,567 12,320 4,834 5,715 6,162
ROAA 0.80 0.59 0.32 0.42 0.48
Core ROAA 0.80 0.81 0.45 0.35 0.46
ROAE 6.93 4.94 2.95 4.10 4.18
ROATCE 7.56 5.40 3.02 4.10 4.18
Core ROAE 6.93 6.77 4.13 3.36 4.04
Net Interest Margin 3.11 3.12 2.70 2.53 2.60
Reported: Net Interest Margin 3.11 3.12 2.70 2.53 2.60
Efficiency Ratio 65.58 63.74 73.46 77.50 72.44
Noninterest Inc/ Operating Rev 12.86 12.44 11.45 9.25 11.76
Balance Sheet Ratios (%)
Loans/ Deposits 105.19 108.27 103.18 90.88 86.87
Securities/ Assets 12.78 14.59 15.23 32.53 38.54
Total Equity/ Total Assets 11.22 11.87 11.48 10.41 10.80
Tangible Equity/ Tangible Assets 10.54 11.17 10.70 10.41 10.80
Tang Common Equity/ Tang Assets 10.54 11.17 10.70 10.41 10.80
Asset Quality (%)
NPAs/ Assets NA 0.71 0.79 0.64 0.67
NPA Excl Restructured/ Assets NA 0.62 0.69 0.60 0.67
NPAs & 90+ PD/ Assets NA 0.71 0.79 0.64 0.67
NPAs/ Loans & REO NA 0.90 1.05 1.05 1.23
Nonaccrual & 90+ & OREO/ Assets NA 0.62 0.69 0.60 0.67
NPAs & 90+ PD/ Loans & REO NA 0.90 1.05 1.05 1.23
NPA & Loans 90+/ Tangible Common Equity + LLR NA 6.09 7.15 5.78 5.90
NCOs/ Avg Loans 0.02 0.04 (0.06) 0.05 0.16
Loan Loss Reserves/ Gross Loans 0.72 0.66 0.64 1.08 1.10
Reserves/ NPAs NA 73.63 61.19 103.09 89.50
Loan Loss Provision/ NCO NM 227.81 NM 332.90 145.03
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 242,738 244,774 235,261 150,444 NA
Tier 1 Capital($000) 242,738 244,774 235,261 150,444 150,018
Tier 2 Capital($000) 12,235 10,831 10,128 8,942 NA
Total Capital($000) 254,973 255,605 245,389 159,386 158,016
Total Risk-weighted Assets($000) 1,658,046 1,646,384 1,625,468 926,706 845,941
Tier 1 Common Capital (CET1) Ratio(%) 14.64 14.87 14.47 16.23 NA
Tier 1 Ratio(%) 14.64 14.87 14.47 16.23 17.73
Total Capital Ratio(%) 15.38 15.53 15.10 17.20 18.68
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 11.54 11.84 12.19 11.16 11.30
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 29,453,808 30,487,309 30,380,231 18,267,747 18,734,791
Avg Diluted Shares(actual) 29,242,862 30,026,638 19,803,744 17,497,620 18,183,739
Basic Book Value per Share 8.19 8.11 7.85 7.63 7.61
Book Value per Share, As Reported 8.19 8.11 7.85 7.63 7.61
Basic Tangible Book Value per Share 7.64 7.57 7.25 7.63 7.61
Tangible Book Value per Share, As Reported 7.64 7.57 7.25 7.63 7.61
Common Dividends Declared per Share 0.12 0.12 0.12 0.12 0.21
EPS after Extra 0.43 0.41 0.24 0.33 0.34
EPS after Extra Growth(%) 2.40 70.80 (27.30) (2.90) 0
Core EPS 0.43 0.56 0.34 0.27 0.33
Core EPS Growth(%) (1.40) 67 24.30 (17.60) 49.80
Diluted EPS before Amortization 0.44 0.42 0.24 0.33 0.34
Pre-Provision Earnings per Share 0.47 0.51 0.35 0.28 0.33
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.