InvestorRelations

Financial Highlights Report

Financial Highlights
2019 FQ4
12/31/2019
2018 FQ4
12/31/2018
Y-Y Ch (%)
2019 FQ3
9/30/2019
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 2,478,550 1,862,866 33.05 2,454,529 3.91
Total Net Loans 1,819,690 1,345,311 35.26 1,797,335 4.98
Total Deposits 2,060,547 1,566,227 31.56 2,041,862 3.66
Equity Attributable to Parent Company 320,258 222,542 43.91 317,246 3.80
Total Equity 320,258 222,542 43.91 317,246 3.80
Profitability (%)
Net Income($000) 7,441 5,002 48.76 8,692 (57.57)
Net Income Attributable to Parent($000) 7,441 5,002 48.76 8,692 (57.57)
ROAA 1.20 1.08 12 bp 1.43 (23) bp
Core ROAA 1.35 1.28 7 bp 1.48 (13) bp
ROAE 9.31 9.16 15 bp 11.04 (173) bp
ROATCE 13.68 11.63 205 bp 16.30 (262) bp
Core ROAE 10.46 10.89 (43) bp 11.38 (92) bp
Net Interest Margin 3.63 3.48 15 bp 3.75 (12) bp
Reported: Net Interest Margin 3.62 3.48 14 bp 3.75 (13) bp
Efficiency Ratio 57.26 58.12 (86) bp 53.69 357 bp
Noninterest Inc/ Operating Rev 16.85 17.88 (103) bp 16.47 38 bp
Balance Sheet Ratios (%)
Loans/ Deposits 88.85 86.67 218 bp 88.37 48 bp
Securities/ Assets 16.03 18.71 (268) bp 13.28 275 bp
Total Equity/ Total Assets 12.92 11.95 97 bp 12.92 0 bp
Tangible Equity/ Tangible Assets 9.57 9.78 (21) bp 9.50 7 bp
Tang Common Equity/ Tang Assets 9.57 9.78 (21) bp 9.50 7 bp
Asset Quality (%)
NPAs/ Assets 0.17 0.15 2 bp 0.15 2 bp
NPA Excl Restructured/ Assets 0.13 0.11 2 bp 0.11 2 bp
NPAs & 90+ PD/ Assets 0.18 0.15 3 bp 0.19 (1) bp
NPAs/ Loans & REO 0.23 0.21 2 bp 0.21 2 bp
Nonaccrual & 90+ & OREO/ Assets 0.15 0.11 4 bp 0.15 0 bp
NPAs & 90+ PD/ Loans & REO 0.25 0.21 4 bp 0.26 (1) bp
NPA & Loans 90+/ Tangible Common Equity + LLR 1.90 1.51 39 bp 1.97 (7) bp
NCOs/ Avg Loans 0.01 0.23 (22) bp 0 1 bp
Loan Loss Reserves/ Gross Loans 0.72 0.94 (22) bp 0.70 2 bp
Reserves/ NPAs 311.66 456.18 (14,452) bp 336.71 (2,505) bp
Loan Loss Provision/ NCO NM (0.77) NM (75) NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 228,554 183,579 24.50 225,087 6.16
Tier 1 Capital($000) 256,583 211,506 21.31 253,090 5.52
Tier 2 Capital($000) 20,998 13,022 61.25 20,586 8.01
Total Capital($000) 277,581 224,528 23.63 273,676 5.71
Total Risk-weighted Assets($000) 1,977,074 1,463,179 35.12 1,934,607 8.78
Tier 1 Common Capital (CET1) Ratio(%) 11.56 12.55 (99) bp 11.63 (7) bp
Tier 1 Ratio(%) 12.98 14.46 (148) bp 13.08 (10) bp
Total Capital Ratio(%) 14.04 15.35 (131) bp 14.15 (11) bp
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 10.75 11.62 (87) bp 10.85 (10) bp
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 11,071,540 8,720,337 26.96 11,116,250 (1.61)
Avg Diluted Shares(actual) 11,103,905 8,722,645 27.30 11,138,008 (1.22)
Basic Book Value per Share 28.93 25.52 13.36 28.54 5.47
Book Value per Share, As Reported 28.93 25.52 13.36 28.54 5.47
Basic Tangible Book Value per Share 20.64 20.38 1.28 20.19 8.92
Tangible Book Value per Share, As Reported 20.64 20.38 1.28 20.19 8.92
Common Dividends Declared per Share 0.27 0.25 8 0.27 0
EPS after Extra 0.67 0.57 17.54 0.78 (56.41)
EPS after Extra Growth(%) 17.50 128 (11,046) bp 18.20 (64) bp
Core EPS 0.75 0.68 10.29 0.80 (25)
Core EPS Growth(%) 11.20 20.40 (921) bp 20.70 (950) bp
Diluted EPS before Amortization 0.71 0.58 22.41 0.82 (53.66)
Pre-Provision Earnings per Share 0.71 0.68 4.41 0.77 (31.17)

   Q-Q Ch(%)= most recent quarter minus prior quarter annualized e.g. [(Q4-Q3)/Q3]*4

  * Percentages presented for individual quarters are annualized by taking the quarter amount and multiplying by four.


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.