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Financial Highlights

Financial Highlights
2020 FQ1 YTD
3/31/2020
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 2,092,444 2,011,587 1,711,159 1,452,327 1,073,294
Total Net Loans 1,738,886 1,706,329 1,447,381 1,215,716 888,603
Total Deposits 1,725,547 1,640,867 1,393,204 1,167,098 894,934
Equity Attributable to Parent Company 226,259 226,393 194,836 163,250 88,806
Total Equity 226,259 226,393 194,836 163,250 88,806
Profitability (%)
Net Income($000) 3,233 13,445 17,589 6,993 6,406
Net Income Attributable to Parent($000) 3,233 13,445 17,589 6,993 6,406
ROAA 0.63 0.72 1.09 0.57 0.66
Core ROAA 0.62 0.90 1.11 0.87 0.63
ROAE 5.66 6.48 9.70 5.60 8.08
ROATCE 6.28 7.23 10.72 5.86 8.15
Core ROAE 5.53 8.05 9.90 8.47 7.65
Net Interest Margin 3.28 3.32 3.57 3.39 3.11
Reported: Net Interest Margin 3.30 3.32 3.57 3.39 3.11
Efficiency Ratio 57.42 57.16 55.18 52.84 59.22
Noninterest Inc/ Operating Rev 6.11 5.23 4.59 4.34 3.50
Balance Sheet Ratios (%)
Loans/ Deposits 101.90 105.04 104.98 105.17 100.39
Securities/ Assets 5.21 5.32 6.61 8.72 10.20
Total Equity/ Total Assets 10.81 11.25 11.39 11.24 8.27
Tangible Equity/ Tangible Assets 10.03 10.44 10.47 10.54 8.26
Tang Common Equity/ Tang Assets 10.03 10.44 10.47 10.54 8.26
Asset Quality (%)
NPAs/ Assets 0.71 1.17 0.43 0.40 0.63
NPA Excl Restructured/ Assets 0.68 1.14 0.43 0.40 0.61
NPAs & 90+ PD/ Assets 0.74 1.22 0.46 0.45 0.70
NPAs/ Loans & REO 0.84 1.36 0.51 0.47 0.75
Nonaccrual & 90+ & OREO/ Assets 0.72 1.20 0.46 0.45 0.68
NPAs & 90+ PD/ Loans & REO 0.88 1.43 0.54 0.53 0.84
NPA & Loans 90+/ Tangible Common Equity + LLR 6.81 10.94 4.09 4.01 7.66
NCOs/ Avg Loans 0.16 0.12 0 0.08 0.10
Loan Loss Reserves/ Gross Loans 1.11 1 1.03 0.95 1.09
Reserves/ NPAs 131.17 73.56 203.45 201.08 144.93
Loan Loss Provision/ NCO 419.46 212.59 NM 332.71 332.55
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 206,593 207,147 177,230 151,825 88,392
Tier 1 Capital($000) 206,593 207,147 177,230 151,825 88,392
Tier 2 Capital($000) 41,650 39,387 37,123 33,556 31,467
Total Capital($000) 248,243 246,534 214,353 185,381 119,859
Total Risk-weighted Assets($000) 1,954,140 1,928,256 1,633,697 1,374,098 1,006,484
Tier 1 Common Capital (CET1) Ratio(%) 10.57 10.74 10.85 11.05 8.78
Tier 1 Ratio(%) 10.57 10.74 10.85 11.05 8.78
Total Capital Ratio(%) 12.70 12.79 13.12 13.49 11.91
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 10.18 10.27 10.40 10.54 8.56
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 20,141,204 20,458,665 18,676,056 17,443,173 11,410,274
Avg Diluted Shares(actual) 20,565,867 19,392,429 18,571,537 14,577,664 10,580,040
Basic Book Value per Share 11.23 11.07 10.43 9.36 7.78
Book Value per Share, As Reported 11.23 11.07 10.43 9.36 7.78
Basic Tangible Book Value per Share 10.33 10.17 9.50 8.70 7.76
Tangible Book Value per Share, As Reported 10.33 10.17 9.50 8.70 7.76
Common Dividends Declared per Share 0.03 0.12 0.12 0.06 0.02
EPS after Extra 0.16 0.69 0.95 0.48 0.61
EPS after Extra Growth(%) (30.40) (27.40) 97.90 (21.30) 48.80
Core EPS 0.16 0.86 0.97 0.73 0.58
Core EPS Growth(%) (32.80) (11.60) 33.60 25.60 58.20
Diluted EPS before Amortization 0.16 0.71 0.96 0.49 0.62
Pre-Provision Earnings per Share 0.27 1.05 1.08 0.83 0.72
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