Financial Highlights
2020 FQ2 YTD
6/30/2020
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 1,288,454 1,131,355 1,040,131 938,927 569,537
Total Net Loans 1,083,176 939,475 873,260 771,351 441,815
Total Deposits 1,041,070 958,367 808,760 720,854 510,163
Equity Attributable to Parent Company 137,681 132,251 120,066 108,518 41,579
Total Equity 137,681 132,251 120,066 108,518 41,579
Profitability (%)
Net Income($000) 7,484 14,588 12,900 2,288 6,909
Net Income Attributable to Parent($000) 7,484 14,588 12,900 2,288 6,909
ROAA 1.27 1.34 1.30 0.36 1.27
Core ROAA NA 1.36 1.34 1.21 1.30
ROAE 11.09 11.54 11.31 4.20 17.96
ROATCE NA 16.66 17.31 4.74 18.16
Core ROAE NA 11.74 11.72 14.25 18.47
Net Interest Margin NA 6.10 5.97 5.34 4.44
Reported: Net Interest Margin NA 6.10 5.97 5.34 4.44
Efficiency Ratio 67.01 68.01 68.91 70.22 71.74
Noninterest Inc/ Operating Rev 14.21 11.05 13.61 22.03 36.41
Balance Sheet Ratios (%)
Loans/ Deposits 50.11 51.78 58.91 57.77 30.06
Securities/ Assets NA 1.04 1.08 1.42 1.32
Total Equity/ Total Assets 10.69 11.69 11.54 11.56 7.30
Tangible Equity/ Tangible Assets NA 8.69 8.24 7.85 7.30
Tang Common Equity/ Tang Assets NA 8.69 8.24 7.85 7.30
Asset Quality (%)
NPAs/ Assets NA NA NA NA NA
NPA Excl Restructured/ Assets NA 0.18 0.28 0.26 0.30
NPAs & 90+ PD/ Assets NA NA NA NA NA
NPAs/ Loans & REO NA NA NA NA NA
Nonaccrual & 90+ & OREO/ Assets NA 0.18 0.28 0.26 0.30
NPAs & 90+ PD/ Loans & REO NA NA NA NA NA
NPA & Loans 90+/ Tangible Common Equity + LLR NA NA NA NA NA
NCOs/ Avg Loans (0.04) 0.03 0.02 0 0
Loan Loss Reserves/ Gross Loans 0.65 0.64 0.56 0.58 1.01
Reserves/ NPAs NA NA NA NA NA
Loan Loss Provision/ NCO NM 512.63 314.29 NA NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA 95,590 83,142 71,594 40,445
Tier 1 Capital($000) NA 95,590 83,142 71,594 40,445
Tier 2 Capital($000) NA 6,167 4,981 4,606 3,341
Total Capital($000) NA 101,757 88,123 76,200 43,786
Total Risk-weighted Assets($000) NA 683,274 638,571 560,203 264,866
Tier 1 Common Capital (CET1) Ratio(%) 14.02 13.99 13.02 12.78 15.27
Tier 1 Ratio(%) 14.02 13.99 13.02 12.78 15.27
Total Capital Ratio(%) 15.03 14.89 13.80 13.60 16.53
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 8.96 8.85 8.63 7.96 6.99
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 9,635,000 9,563,936 9,353,334 9,128,572 5,885,670
Avg Diluted Shares(actual) NA 9,885,948 9,797,578 7,363,391 6,393,152
Basic Book Value per Share 14.29 13.83 12.84 11.89 7.06
Book Value per Share, As Reported 14.29 13.83 12.84 11.89 7.06
Basic Tangible Book Value per Share NA 9.95 8.84 7.74 7.06
Tangible Book Value per Share, As Reported 10.45 9.95 8.84 7.74 7.06
Common Dividends Declared per Share 0.24 0.44 0.34 0.32 0.15
EPS after Extra 0.77 1.48 1.32 0.31 1.08
EPS after Extra Growth(%) 4.10 12.10 325.80 (71.30) 17.40
Core EPS NA 1.50 1.37 1.05 1.11
Core EPS Growth(%) NA 10 30 (5.20) 20.70
Diluted EPS before Amortization NA 1.51 1.36 0.32 1.08
Pre-Provision Earnings per Share NA 1.73 1.47 1.14 1.03
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