Financial Highlights

Financial Highlights
2016 FY
12/31/2016
2017 FY
12/31/2017
2018 FY
12/31/2018
2019 FY
12/31/2019
2020 FQ1 YTD
3/31/2020
Balance Sheet ($000)
Total Assets 543,048 1,163,607 1,137,603 1,079,954 1,117,043
Total Net Loans 406,263 949,919 887,473 844,674 879,470
Total Deposits 452,560 1,026,480 1,004,593 940,480 958,503
Equity Attributable to Parent Company 41,920 106,256 113,910 118,110 118,441
Total Equity 41,920 106,256 113,910 118,110 118,441
Profitability (%)
Net Income($000) 3,067 (4,911) 10,858 4,286 633
Net Income Attributable to Parent($000) 3,067 (4,911) 10,858 4,286 633
ROAA 0.57 (0.65) 0.94 0.38 0.23
Core ROAA 0.58 0.22 1.04 0.65 0.05
ROAE 7.06 (6.97) 9.81 3.69 2.12
ROATCE 8.94 (7.89) 14.07 5.55 3.35
Core ROAE 7.18 2.35 10.79 6.22 0.41
Net Interest Margin 3.83 3.76 4.19 4.07 3.59
Reported: Net Interest Margin 3.83 3.76 4.19 4.07 3.60
Efficiency Ratio 75.64 80 70.59 76.95 82.59
Noninterest Inc/ Operating Rev 14.83 14.51 16.76 17.25 19.43
Balance Sheet Ratios (%)
Loans/ Deposits 90.45 93.13 88.91 90.60 92.59
Securities/ Assets 13.80 8.12 9.29 8.54 6.29
Total Equity/ Total Assets 7.72 9.13 10.01 10.94 10.60
Tangible Equity/ Tangible Assets 6.55 6.80 7.72 8.61 8.36
Tang Common Equity/ Tang Assets 6.55 6.80 7.72 8.61 8.36
Asset Quality (%)
NPAs/ Assets 1.44 0.64 0.56 0.47 0.45
NPA Excl Restructured/ Assets 0.37 0.17 0.30 0.22 0.21
NPAs & 90+ PD/ Assets 1.51 0.70 0.63 0.47 0.51
NPAs/ Loans & REO 1.90 0.78 0.71 0.59 0.57
Nonaccrual & 90+ & OREO/ Assets 0.44 0.23 0.38 0.22 0.28
NPAs & 90+ PD/ Loans & REO 1.99 0.85 0.81 0.60 0.65
NPA & Loans 90+/ Tangible Common Equity + LLR 21.05 9.77 7.83 5.18 5.77
NCOs/ Avg Loans 0.27 0.03 0.06 0.14 0.49
Loan Loss Reserves/ Gross Loans 0.91 0.66 0.71 0.88 0.93
Reserves/ NPAs 47.75 84.54 99.76 149.28 163.71
Loan Loss Provision/ NCO 41.71 NM 107.33 194.35 169.01
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA 77,996 NA NA NA
Tier 1 Capital($000) NA 84,330 NA NA NA
Tier 2 Capital($000) NA 6,373 NA NA NA
Total Capital($000) NA 90,703 NA NA NA
Total Risk-weighted Assets($000) NA 929,147 NA NA NA
Tier 1 Common Capital (CET1) Ratio(%) NA 8.39 NA NA NA
Tier 1 Ratio(%) NA 9.08 NA NA NA
Total Capital Ratio(%) NA 9.76 NA NA NA
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) NA 7.40 NA NA NA
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 3,237,859 9,069,363 9,121,555 9,216,616 9,236,039
Avg Diluted Shares(actual) 3,241,869 5,260,537 9,148,297 9,181,752 9,233,060
Basic Book Value per Share 12.95 11.72 12.49 12.81 12.82
Book Value per Share, As Reported 12.95 11.72 12.49 12.81 12.82
Basic Tangible Book Value per Share 10.84 8.50 9.39 9.83 9.87
Tangible Book Value per Share, As Reported 10.84 8.50 9.39 9.83 9.87
Common Dividends Declared per Share 0.55 0.55 0.30 0.35 0.08
EPS after Extra 0.95 (0.91) 1.19 0.47 0.07
EPS after Extra Growth(%) NM NM NM (60.50) NM
Core EPS 0.97 0.33 1.31 0.79 0.01
Core EPS Growth(%) 105.30 (65.50) 292.80 (39.60) (90.70)
Diluted EPS before Amortization 1.06 (0.81) 1.29 0.55 0.09
Pre-Provision Earnings per Share 0.85 0.62 1.24 0.89 0.15
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