Financial Highlights

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 1,304,508 1,245,779 1,069,692 970,801 945,177
Total Net Loans 965,531 917,895 756,364 703,983 630,269
Total Deposits 1,124,788 1,026,975 894,231 847,024 849,925
Equity Attributable to Parent Company 109,056 105,750 92,097 72,673 32,733
Total Equity 109,056 105,750 92,097 72,673 32,733
Profitability (%)
Net Income($000) 3,822 10,518 8,794 38,453 (2,753)
Net Income Attributable to Parent($000) 3,822 10,518 8,794 38,453 (2,753)
ROAA 0.59 0.95 0.86 4.06 (0.30)
Core ROAA 0.61 1 0.83 6.18 0.27
ROAE 7.11 10.50 10.36 101.59 (6.98)
ROATCE 7.88 10.51 10.15 96.61 (7)
Core ROAE 7.31 11.12 10.01 154.85 6.40
Net Interest Margin 3.30 3.39 3.52 3.48 3.42
Reported: Net Interest Margin 3.32 3.40 3.53 3.48 3.42
Efficiency Ratio 70.27 70.57 72.33 78.49 86.22
Noninterest Inc/ Operating Rev 14.35 14.35 13.81 14.12 14.45
Balance Sheet Ratios (%)
Loans/ Deposits 86.75 90.19 85.58 84.07 75.21
Securities/ Assets 16 17.28 19.48 16.49 21.36
Total Equity/ Total Assets 8.36 8.49 8.61 7.49 3.46
Tangible Equity/ Tangible Assets 7.75 7.84 8.61 7.49 3.45
Tang Common Equity/ Tang Assets 7.75 7.84 8.61 7.20 3.16
Asset Quality (%)
NPAs/ Assets 0.27 0.42 0.60 1.14 2.26
NPA Excl Restructured/ Assets 0.23 0.38 0.51 1.02 1.70
NPAs & 90+ PD/ Assets 0.27 0.42 0.60 1.14 2.26
NPAs/ Loans & REO 0.36 0.56 0.83 1.55 3.31
Nonaccrual & 90+ & OREO/ Assets 0.23 0.38 0.51 1.02 1.70
NPAs & 90+ PD/ Loans & REO 0.36 0.56 0.83 1.55 3.31
NPA & Loans 90+/ Tangible Common Equity + LLR 3.16 4.96 6.32 14.19 55.09
NCOs/ Avg Loans 0.06 0.06 (0.16) (0.01) 0.10
Loan Loss Reserves/ Gross Loans 1.05 0.90 1.16 1.15 1.40
Reserves/ NPAs 292.48 160.21 139.05 74.01 41.93
Loan Loss Provision/ NCO NM 0 NM NM NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 87,292 83,683 80,219 54,535 36,199
Tier 1 Capital($000) 102,562 93,731 94,153 66,487 48,713
Tier 2 Capital($000) 27,228 25,455 9,825 16,585 22,396
Total Capital($000) 129,790 119,186 103,978 83,072 71,109
Total Risk-weighted Assets($000) 1,033,041 1,005,805 849,778 787,674 696,429
Tier 1 Common Capital (CET1) Ratio(%) 8.45 8.32 9.44 6.92 5.20
Tier 1 Ratio(%) 9.93 9.32 11.08 8.44 6.99
Total Capital Ratio(%) 12.57 11.85 12.23 10.55 10.21
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 8.05 8.30 9 7.11 5.27
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 7,485,872 7,471,975 7,462,720 6,259,864 6,224,533
Avg Diluted Shares(actual) 7,427,234 7,393,131 7,042,693 6,091,932 5,788,713
Basic Book Value per Share 14.57 14.15 12.34 11.17 4.81
Book Value per Share, As Reported 14.57 14.15 12.34 11.17 4.81
Basic Tangible Book Value per Share 13.42 12.98 12.34 11.17 4.80
Tangible Book Value per Share, As Reported 13.42 12.98 12.34 11.17 4.79
Common Dividends Declared per Share 0 0 0 0 0
EPS after Extra 0.51 1.41 1.23 6.15 (0.46)
EPS after Extra Growth(%) (41.40) 14.60 (80) NM NM
Core EPS 0.52 1.49 1.19 9.46 0.45
Core EPS Growth(%) (39.80) 25.80 (87.40) NM NM
Diluted EPS before Amortization 0.53 1.41 1.23 6.17 (0.40)
Pre-Provision Earnings per Share 0.71 1.25 1.10 0.42 0.31
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