Financial Highlights

Financial Highlights
2015 FY
12/31/2015
2016 FY
12/31/2016
2017 FY
12/31/2017
2018 FY
12/31/2018
2019 FQ2 YTD
6/30/2019
Balance Sheet ($000)
Total Assets 549,449 543,048 1,163,607 1,137,603 1,120,198
Total Net Loans 406,574 406,263 949,919 887,473 882,473
Total Deposits 448,342 452,560 1,026,480 1,004,593 979,700
Equity Attributable to Parent Company 42,303 41,920 106,256 113,910 115,678
Total Equity 42,303 41,920 106,256 113,910 115,678
Profitability (%)
Net Income($000) (754) 3,067 (4,911) 10,858 747
Net Income Attributable to Parent($000) (754) 3,067 (4,911) 10,858 747
ROAA (0.17) 0.57 (0.65) 0.94 0.13
Core ROAA 0.28 0.58 0.22 1.04 0.50
ROAE (2.01) 7.06 (6.97) 9.81 1.31
ROATCE (1.74) 8.94 (7.89) 14.07 2.45
Core ROAE 3.38 7.18 2.35 10.79 4.97
Net Interest Margin 3.79 3.83 3.76 4.19 4
Reported: Net Interest Margin 3.79 3.83 3.76 4.19 4.03
Efficiency Ratio 81.19 75.64 80 70.59 80.64
Noninterest Inc/ Operating Rev 14.01 14.83 14.51 16.76 16.30
Balance Sheet Ratios (%)
Loans/ Deposits 91.41 90.45 93.13 88.91 90.77
Securities/ Assets 14.22 13.80 8.12 9.29 9.03
Total Equity/ Total Assets 7.70 7.72 9.13 10.01 10.33
Tangible Equity/ Tangible Assets 6.64 6.55 6.80 7.72 8.04
Tang Common Equity/ Tang Assets 6.64 6.55 6.80 7.72 8.04
Asset Quality (%)
NPAs/ Assets 1.95 1.44 0.64 0.56 0.44
NPA Excl Restructured/ Assets 0.74 0.37 0.17 0.30 0.20
NPAs & 90+ PD/ Assets 1.97 1.51 0.70 0.63 0.45
NPAs/ Loans & REO 2.61 1.90 0.78 0.71 0.56
Nonaccrual & 90+ & OREO/ Assets 0.76 0.44 0.23 0.38 0.21
NPAs & 90+ PD/ Loans & REO 2.63 1.99 0.85 0.81 0.56
NPA & Loans 90+/ Tangible Common Equity + LLR 26.78 21.05 9.77 7.83 5.29
NCOs/ Avg Loans 0.26 0.27 0.03 0.06 0.12
Loan Loss Reserves/ Gross Loans 1.06 0.91 0.66 0.71 0.79
Reserves/ NPAs 40.67 47.75 84.54 99.76 141
Loan Loss Provision/ NCO 163.74 41.71 NM 107.33 219.56
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA NA 77,996 NA NA
Tier 1 Capital($000) NA NA 84,330 NA NA
Tier 2 Capital($000) NA NA 6,373 NA NA
Total Capital($000) NA NA 90,703 NA NA
Total Risk-weighted Assets($000) NA NA 929,147 NA NA
Tier 1 Common Capital (CET1) Ratio(%) NA NA 8.39 NA NA
Tier 1 Ratio(%) NA NA 9.08 NA NA
Total Capital Ratio(%) NA NA 9.76 NA NA
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) NA NA 7.40 NA NA
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 3,205,544 3,237,859 9,069,363 9,121,555 9,167,670
Avg Diluted Shares(actual) 2,719,068 3,241,869 5,260,537 9,148,297 9,167,409
Basic Book Value per Share 13.20 12.95 11.72 12.49 12.62
Book Value per Share, As Reported 13.20 12.95 11.72 12.49 12.62
Basic Tangible Book Value per Share 11.24 10.84 8.50 9.39 9.58
Tangible Book Value per Share, As Reported 11.24 10.84 8.50 9.39 9.58
Common Dividends Declared per Share 0.55 0.55 0.55 0.30 0.20
EPS after Extra (0.28) 0.95 (0.91) 1.19 0.08
EPS after Extra Growth(%) NM NM NM NM (87.10)
Core EPS 0.47 0.97 0.33 1.31 0.30
Core EPS Growth(%) (54.60) 105.30 (65.50) 292.80 (56.30)
Diluted EPS before Amortization (0.18) 1.06 (0.81) 1.29 0.12
Pre-Provision Earnings per Share 0.58 0.85 0.62 1.24 0.35
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.