Financial Highlights
2020 FQ3 YTD
9/30/2020
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 1,073,260 877,320 799,617 765,751 700,149
Total Net Loans 799,040 639,787 601,371 564,406 512,437
Total Deposits 955,238 771,544 703,104 663,414 603,877
Equity Attributable to Parent Company 103,883 96,326 87,599 83,817 79,416
Total Equity 103,883 96,326 87,599 83,817 79,416
COVID-19 Financial Disclosure
Paycheck Protection Program Loan($000) NA NA NA NA NA
PPP Loan Ratio(%) NA NA NA NA NA
COVID-19 Loan Modification($000) NA NA NA NA NA
COVID-19 Loan Modification Ratio(%) NA NA NA NA NA
Processing Fees on PPP Loans($000) NA NA NA NA NA
Profitability (%)
Net Income($000) 8,666 9,759 9,001 7,786 6,370
Net Income Attributable to Parent($000) 8,666 9,759 9,001 7,786 6,370
ROAA 1.17 1.18 1.16 1.08 0.96
Core ROAA 1.10 1.16 1.16 1.11 0.95
ROAE 11.51 10.60 10.67 9.50 7.98
ROATCE 11.51 10.60 10.67 9.50 7.98
Core ROAE 10.79 10.49 10.66 9.78 7.90
Net Interest Margin 3.79 4 4.06 4.06 4.04
Reported: Net Interest Margin 3.81 4.02 4.07 4.10 4.07
Efficiency Ratio 67.02 67.01 65.87 67.47 70.23
Noninterest Inc/ Operating Rev 17.70 19.64 18.92 19.34 21
Balance Sheet Ratios (%)
Loans/ Deposits 84.35 83.57 86.31 85.74 85.60
Securities/ Assets 14.32 18.94 18.19 17.46 17.19
Total Equity/ Total Assets 9.68 10.98 10.96 10.95 11.34
Tangible Equity/ Tangible Assets 9.68 10.98 10.96 10.95 11.34
Tang Common Equity/ Tang Assets 9.68 10.98 10.96 10.95 11.34
Asset Quality (%)
NPAs/ Assets 0.69 0.57 0.74 1.41 1.88
NPA Excl Restructured/ Assets 0.44 0.27 0.28 0.84 1.05
NPAs & 90+ PD/ Assets 0.69 0.57 0.83 1.41 1.88
NPAs/ Loans & REO 0.92 0.77 0.97 1.90 2.54
Nonaccrual & 90+ & OREO/ Assets 0.44 0.27 0.37 0.84 1.05
NPAs & 90+ PD/ Loans & REO 0.92 0.77 1.09 1.90 2.54
NPA & Loans 90+/ Tangible Common Equity + LLR 6.72 4.90 7.09 12.27 15.67
NCOs/ Avg Loans (0.17) 0.18 (0.05) (0.10) 0.05
Loan Loss Reserves/ Gross Loans 0.83 0.77 0.90 0.78 0.87
Reserves/ NPAs 89.67 100.12 92.38 40.75 34.27
Loan Loss Provision/ NCO NM 56.56 NM NM (70.68)
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA 90,775 85,763 83,507 79,440
Tier 1 Capital($000) NA 90,775 85,763 83,507 79,440
Tier 2 Capital($000) NA 4,997 5,474 4,452 4,537
Total Capital($000) NA 95,772 91,237 87,959 83,977
Total Risk-weighted Assets($000) NA 665,141 613,247 577,845 506,632
Tier 1 Common Capital (CET1) Ratio(%) 12.75 13.65 13.99 14.45 15.68
Tier 1 Ratio(%) 12.75 13.65 13.99 14.45 15.68
Total Capital Ratio(%) 13.64 14.40 14.88 15.22 16.58
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 9.31 10.61 10.92 11.21 11.84
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 3,416,013 3,430,103 3,445,914 3,449,027 3,468,243
Avg Diluted Shares(actual) 3,420,002 3,438,410 3,467,667 3,468,275 3,518,848
Basic Book Value per Share 30.41 28.08 25.42 24.30 22.90
Book Value per Share, As Reported 30.65 28.08 25.42 24.30 22.90
Basic Tangible Book Value per Share 30.41 28.08 25.42 24.30 22.90
Tangible Book Value per Share, As Reported 30.65 28.08 25.42 24.30 22.90
Common Dividends Declared per Share 0.78 1 0.94 0.88 0.82
EPS after Extra 2.53 2.84 2.60 2.24 1.81
EPS after Extra Growth(%) 25.90 9.20 16.10 23.80 (8.10)
Core EPS 2.37 2.81 2.60 2.31 1.79
Core EPS Growth(%) 19.80 8.20 12.60 28.70 12.40
Diluted EPS before Amortization 2.53 2.84 2.60 2.24 1.81
Pre-Provision Earnings per Share 2.43 2.77 2.53 1.97 1.60
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.

Member FDIC   


Equal Opportunity Employer.
Equal Housing Lender.
Member FDIC.

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