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Financial Highlights

Financial Highlights
2020 FQ3 YTD
9/30/2020
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 2,309,897 2,011,587 1,711,159 1,452,327 1,073,294
Total Net Loans 1,981,844 1,706,329 1,447,381 1,215,716 888,603
Total Deposits 1,835,427 1,640,867 1,393,204 1,167,098 894,934
Equity Attributable to Parent Company 232,300 226,393 194,836 163,250 88,806
Total Equity 232,300 226,393 194,836 163,250 88,806
Profitability (%)
Net Income($000) 13,253 13,445 17,589 6,993 6,406
Net Income Attributable to Parent($000) 13,253 13,445 17,589 6,993 6,406
ROAA 0.80 0.72 1.09 0.57 0.66
Core ROAA 0.76 0.90 1.11 0.87 0.63
ROAE 7.74 6.48 9.70 5.60 8.08
ROATCE NA 7.23 10.72 5.86 8.15
Core ROAE 7.29 8.05 9.90 8.47 7.65
Net Interest Margin 3.19 3.32 3.57 3.39 3.11
Reported: Net Interest Margin 3.19 3.32 3.57 3.39 3.11
Efficiency Ratio 54.41 57.16 55.18 52.84 59.22
Noninterest Inc/ Operating Rev 7.54 5.23 4.59 4.34 3.50
Balance Sheet Ratios (%)
Loans/ Deposits 109.22 105.04 104.98 105.17 100.39
Securities/ Assets 5.39 5.32 6.61 8.72 10.20
Total Equity/ Total Assets 10.06 11.25 11.39 11.24 8.27
Tangible Equity/ Tangible Assets 9.35 10.44 10.47 10.54 8.26
Tang Common Equity/ Tang Assets 9.35 10.44 10.47 10.54 8.26
Asset Quality (%)
NPAs/ Assets NA 1.17 0.43 0.40 0.63
NPA Excl Restructured/ Assets NA 1.14 0.43 0.40 0.61
NPAs & 90+ PD/ Assets NA 1.22 0.46 0.45 0.70
NPAs/ Loans & REO NA 1.36 0.51 0.47 0.75
Nonaccrual & 90+ & OREO/ Assets NA 1.20 0.46 0.45 0.68
NPAs & 90+ PD/ Loans & REO NA 1.43 0.54 0.53 0.84
NPA & Loans 90+/ Tangible Common Equity + LLR NA 10.94 4.09 4.01 7.66
NCOs/ Avg Loans 0.17 0.12 0 0.08 0.10
Loan Loss Reserves/ Gross Loans 1.14 1 1.03 0.95 1.09
Reserves/ NPAs NA 73.56 203.45 201.08 144.93
Loan Loss Provision/ NCO 337 212.59 NM 332.71 332.55
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA 207,147 177,230 151,825 88,392
Tier 1 Capital($000) NA 207,147 177,230 151,825 88,392
Tier 2 Capital($000) NA 39,387 37,123 33,556 31,467
Total Capital($000) NA 246,534 214,353 185,381 119,859
Total Risk-weighted Assets($000) NA 1,928,256 1,633,697 1,374,098 1,006,484
Tier 1 Common Capital (CET1) Ratio(%) 10.53 10.74 10.85 11.05 8.78
Tier 1 Ratio(%) 10.53 10.74 10.85 11.05 8.78
Total Capital Ratio(%) 13.13 12.79 13.12 13.49 11.91
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 9.53 10.27 10.40 10.54 8.56
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 19,694,892 20,458,665 18,676,056 17,443,173 11,410,274
Avg Diluted Shares(actual) 20,016,732 19,392,429 18,571,537 14,577,664 10,580,040
Basic Book Value per Share 11.79 11.07 10.43 9.36 7.78
Book Value per Share, As Reported 11.79 11.07 10.43 9.36 7.78
Basic Tangible Book Value per Share 10.88 10.17 9.50 8.70 7.76
Tangible Book Value per Share, As Reported 10.88 10.17 9.50 8.70 7.76
Common Dividends Declared per Share 0.09 0.12 0.12 0.06 0.02
EPS after Extra 0.66 0.69 0.95 0.48 0.61
EPS after Extra Growth(%) 53.50 (27.40) 97.90 (21.30) 48.80
Core EPS 0.62 0.86 0.97 0.73 0.58
Core EPS Growth(%) 9.90 (11.60) 33.60 25.60 58.20
Diluted EPS before Amortization NA 0.71 0.96 0.49 0.62
Pre-Provision Earnings per Share 0.97 1.05 1.08 0.83 0.72
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