Financial Highlights
Financial Highlights
2019 FQ3 YTD
9/30/2019
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 997,413 928,677 528,917 447,653 296,883
Total Net Loans 651,235 645,774 349,956 305,022 206,133
Total Deposits 843,326 791,018 466,901 388,986 256,677
Equity Attributable to Parent Company 145,726 133,037 60,817 57,291 39,331
Total Equity 145,726 133,037 60,817 57,291 39,331
Profitability (%)
Net Income($000) 8,873 9,857 3,386 1,733 909
Net Income Attributable to Parent($000) 8,873 9,857 3,386 1,733 909
ROAA 1.26 1.30 0.69 0.54 0.41
Core ROAA 1.32 1.53 1.04 0.69 0.49
ROAE 8.47 9.51 5.67 4.19 3
ROATCE 12.90 13.89 6.48 4.40 NA
Core ROAE 8.83 11.16 8.49 5.44 3.61
Net Interest Margin 4.48 4.64 4.71 4.44 4.08
Efficiency Ratio 52.04 49.49 56.72 71.24 73.12
Noninterest Inc/ Operating Rev 4.27 4.70 5.20 7.59 4.86
Balance Sheet Ratios (%)
Loans/ Deposits 77.93 82.19 75.68 79.06 81.18
Securities/ Assets 19.23 15.42 17.68 12.67 18.80
Total Equity/ Total Assets 14.61 14.33 11.50 12.80 13.25
Tangible Equity/ Tangible Assets 10.82 10.17 10.72 11.83 13.12
Tang Common Equity/ Tang Assets 10.82 10.17 10.72 11.83 13.12
Asset Quality (%)
NPAs/ Assets 0.74 0.12 0.18 0.42 1.24
NPA Excl Restructured/ Assets 0.74 0.12 0.18 0.42 1.24
NPAs & 90+ PD/ Assets 0.74 0.12 0.18 0.42 1.24
NPAs/ Loans & REO 1.13 0.17 0.27 0.61 1.76
Nonaccrual & 90+ & OREO/ Assets 0.74 0.12 0.18 0.42 1.24
NPAs & 90+ PD/ Loans & REO 1.13 0.17 0.27 0.61 1.76
NPA & Loans 90+/ Tangible Common Equity + LLR 6.79 1.16 1.63 3.42 8.95
NCOs/ Avg Loans 0 0.06 0.01 (0.01) 0
Loan Loss Reserves/ Gross Loans 0.91 0.67 0.97 0.81 1.08
Reserves/ NPAs 80.70 398.27 351.49 132.84 61.02
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA 90,579 55,775 52,095 39,103
Tier 1 Capital($000) NA 90,579 55,775 52,095 39,103
Tier 2 Capital($000) NA 4,418 3,438 2,504 2,254
Total Capital($000) NA 94,997 59,213 54,599 41,357
Total Risk-weighted Assets($000) NA 723,187 409,116 375,923 243,300
Tier 1 Common Capital (CET1) Ratio(%) 13.50 12.53 13.63 13.86 16.07
Tier 1 Ratio(%) 13.50 12.53 13.63 13.86 16.07
Total Capital Ratio(%) 14.32 13.14 14.47 14.52 17
Leverage Ratio(%) 10.90 10.57 10.58 11.70 13.16
Per Share Information ($)
Common Shares Outstanding(actual) 12,434,800 12,420,300 7,007,594 6,979,497 4,999,895
Avg Diluted Shares(actual) 12,619,692 10,477,997 7,057,173 5,117,787 3,707,758
Basic Book Value per Share 11.72 10.71 8.68 8.21 7.87
Book Value per Share, As Reported 11.72 10.71 8.68 8.21 7.88
Basic Tangible Book Value per Share 8.31 7.25 8.02 7.51 7.78
Tangible Book Value per Share, As Reported 8.31 7.25 8.02 7.51 7.78
EPS after Extra 0.71 0.94 0.48 0.34 0.25
EPS after Extra Growth(%) 9.20 95.80 41.20 36 38.90
Core EPS 0.74 1.10 0.72 0.44 0.30
Core EPS Growth(%) (8.30) 53.50 63 46.40 70.30
Diluted EPS before Amortization 0.76 1 0.52 0.35 NA
Pre-Provision Earnings per Share 0.87 1.24 0.87 0.53 0.44
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.