Financial Highlights Report
Financial Highlights
2017 FQ1 YTD
3/31/2017
2016 FY
12/31/2016
2015 FY
12/31/2015
2014 FY
12/31/2014
2013 FY
12/31/2013
Balance Sheet ($000)
Total Assets 2,086,546 2,076,018 1,339,930 1,320,096 1,276,841
Total Net Loans 1,589,380 1,556,416 809,373 716,738 629,968
Total Deposits 1,521,219 1,518,071 900,363 834,218 817,112
Equity Attributable to Parent Company 245,804 238,396 139,466 142,543 154,144
Total Equity 245,804 238,396 139,466 142,543 154,144
Profitability (%)
Net Income($000) 5,103 4,834 5,715 6,162 6,756
Net Income Attributable to Parent($000) 5,103 4,834 5,715 6,162 6,756
ROAA 0.98 0.32 0.42 0.48 0.53
Core ROAA 1.06 0.45 0.35 0.46 0.34
ROAE 8.39 2.95 4.10 4.18 4.04
ROATCE 9.15 3.02 4.10 4.18 4.04
Core ROAE 9 4.13 3.36 4.04 2.60
Net Interest Margin 3.03 2.70 2.53 2.60 2.58
Reported: Net Interest Margin 3.08 2.70 2.53 2.60 2.58
Efficiency Ratio 62.23 73.46 77.50 72.44 83.24
Noninterest Inc/ Operating Rev 12.61 11.47 9.25 11.76 1.86
Balance Sheet Ratios (%)
Loans/ Deposits 105.15 103.18 90.88 86.87 78.01
Securities/ Assets 15.42 15.23 32.53 38.54 43.38
Total Equity/ Total Assets 11.78 11.48 10.41 10.80 12.07
Tangible Equity/ Tangible Assets 11.06 10.70 10.41 10.80 12.07
Tang Common Equity/ Tang Assets 11.06 10.70 10.41 10.80 12.07
Asset Quality (%)
NPAs/ Assets 0.79 0.78 0.63 0.67 1.33
NPA Excl Restructured/ Assets 0.71 0.69 0.60 0.67 0.20
NPAs & 90+ PD/ Assets 0.79 0.78 0.63 0.67 1.33
NPAs/ Loans & REO 1.04 1.04 1.03 1.22 2.67
Nonaccrual & 90+ & OREO/ Assets 0.71 0.69 0.60 0.67 0.20
NPAs & 90+ PD/ Loans & REO 1.04 1.04 1.03 1.22 2.67
NPA & Loans 90+/ Tangible Common Equity + LLR 6.93 7.06 5.70 5.87 10.54
NCOs/ Avg Loans 0.04 (0.06) 0.05 0.16 0.01
Loan Loss Reserves/ Gross Loans 0.64 0.64 1.08 1.10 1.17
Reserves/ NPAs 61.71 61.93 104.55 90.01 43.77
Loan Loss Provision/ NCO 212.77 NM 332.90 145.03 NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 242,018 235,261 150,444 NA NA
Tier 1 Capital($000) 242,018 235,261 150,444 150,018 157,119
Tier 2 Capital($000) 10,287 10,128 8,942 NA NA
Total Capital($000) 252,305 245,389 159,386 158,016 164,605
Total Risk-weighted Assets($000) 1,618,239 1,625,468 926,706 845,941 777,590
Tier 1 Common Capital (CET1) Ratio(%) 14.96 14.47 16.23 NA NA
Tier 1 Ratio(%) 14.96 14.47 16.23 17.73 20.21
Total Capital Ratio(%) 15.59 15.10 17.20 18.68 21.17
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 11.72 12.19 11.16 11.30 12.28
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 30,778,690 30,380,231 18,267,747 18,734,791 20,140,669
Avg Diluted Shares(actual) 29,878,421 19,803,744 17,497,620 18,183,739 20,079,265
Basic Book Value per Share 7.99 7.85 7.63 7.61 7.65
As-reported Book Value per Share 7.99 7.85 7.63 7.61 7.65
Basic Tangible Book Value per Share 7.44 7.25 7.63 7.61 7.65
Reported: Tangible Book Value 7.44 7.25 7.63 7.61 7.65
Common Dividends Declared per Share 0.03 0.12 0.12 0.21 0.29
EPS after Extra 0.17 0.24 0.33 0.34 0.34
EPS after Extra Growth(%) 54.50 (27.30) (2.90) 0 30.80
Core EPS 0.18 0.34 0.27 0.33 0.22
Core EPS Growth(%) 101 24.30 (17.60) 49.80 19.20
Diluted EPS before Amortization 0.17 0.24 0.33 0.34 0.34
Pre-Provision Earnings per Share 0.13 0.35 0.28 0.33 0.15
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.