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 1,046,106 984,898 928,677 528,917 447,653
Total Net Loans 673,833 661,990 645,774 349,956 305,022
Total Deposits 884,272 828,559 791,018 466,901 388,986
Equity Attributable to Parent Company 154,742 148,178 133,037 60,817 57,291
Total Equity 154,742 148,178 133,037 60,817 57,291
Profitability (%)
Net Income($000) 2,885 11,909 9,857 3,386 1,733
Net Income Attributable to Parent($000) 2,885 11,909 9,857 3,386 1,733
ROAA 1.13 1.25 1.30 0.69 0.54
Core ROAA 1.19 1.31 1.53 1.04 0.69
ROAE 7.59 8.41 9.51 5.67 4.19
ROATCE 11.01 12.68 13.89 6.48 4.40
Core ROAE 7.96 8.78 11.16 8.49 5.44
Net Interest Margin 4.14 4.48 4.64 4.71 4.44
Efficiency Ratio 52.96 51.85 49.49 56.72 71.24
Noninterest Inc/ Operating Rev 4.43 3.61 4.70 5.20 7.59
Balance Sheet Ratios (%)
Loans/ Deposits 76.89 80.56 82.19 75.68 79.06
Securities/ Assets 23.25 20.44 15.42 17.68 12.67
Total Equity/ Total Assets 14.79 15.05 14.33 11.50 12.80
Tangible Equity/ Tangible Assets 11.23 11.24 10.17 10.72 11.83
Tang Common Equity/ Tang Assets 11.23 11.24 10.17 10.72 11.83
Asset Quality (%)
NPAs/ Assets 0.42 0.56 0.12 0.18 0.42
NPA Excl Restructured/ Assets 0.42 0.56 0.12 0.18 0.42
NPAs & 90+ PD/ Assets 0.42 0.56 0.12 0.18 0.42
NPAs/ Loans & REO 0.65 0.82 0.17 0.27 0.61
Nonaccrual & 90+ & OREO/ Assets 0.42 0.56 0.12 0.18 0.42
NPAs & 90+ PD/ Loans & REO 0.65 0.82 0.17 0.27 0.61
NPA & Loans 90+/ Tangible Common Equity + LLR 3.73 4.93 1.16 1.63 3.42
NCOs/ Avg Loans 0.32 0.15 0.06 0.01 (0.01)
Loan Loss Reserves/ Gross Loans 0.89 0.82 0.67 0.97 0.81
Reserves/ NPAs 136.91 99.82 398.27 351.49 132.84
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 107,549 103,887 90,579 55,775 52,095
Tier 1 Capital($000) 107,549 103,887 90,579 55,775 52,095
Tier 2 Capital($000) 6,121 5,539 4,418 3,438 2,504
Total Capital($000) 113,670 109,426 94,997 59,213 54,599
Total Risk-weighted Assets($000) 779,197 741,004 723,187 409,116 375,923
Tier 1 Common Capital (CET1) Ratio(%) 13.80 14.02 12.53 13.63 13.86
Tier 1 Ratio(%) 13.80 14.02 12.53 13.63 13.86
Total Capital Ratio(%) 14.59 14.77 13.14 14.47 14.52
Leverage Ratio(%) 11 10.91 10.57 10.58 11.70
Per Share Information ($)
Common Shares Outstanding(actual) 12,442,800 12,442,800 12,420,300 7,007,594 6,979,497
Avg Diluted Shares(actual) 13,018,385 12,471,220 10,477,997 7,057,173 5,117,787
Basic Book Value per Share 12.44 11.91 10.71 8.68 8.21
Book Value per Share, As Reported 12.44 11.91 10.71 8.68 8.21
Basic Tangible Book Value per Share 9.06 8.52 7.25 8.02 7.51
Tangible Book Value per Share, As Reported 9.05 8.52 7.25 8.02 7.51
EPS after Extra 0.23 0.95 0.94 0.48 0.34
EPS after Extra Growth(%) (4.20) 1.10 95.80 41.20 36
Core EPS 0.24 0.99 1.10 0.72 0.44
Core EPS Growth(%) (4.80) (10.10) 53.50 63 46.40
Diluted EPS before Amortization 0.24 1.01 1 0.52 0.35
Pre-Provision Earnings per Share 0.29 1.17 1.24 0.87 0.53
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.