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Financial Highlights

Financial Highlights
2021 FQ1 YTD
3/31/2021
2020 FY
12/31/2020
2019 FY
12/31/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
Balance Sheet ($000)
Total Assets 1,110,157 1,031,632 818,683 731,722 707,063
Total Net Loans 575,826 602,263 545,238 543,175 511,472
Total Deposits 968,569 891,562 683,546 606,498 583,259
Equity Attributable to Parent Company 93,085 93,859 85,476 76,536 70,532
Total Equity 93,085 93,859 85,476 76,536 70,532
Profitability (%)
Net Income($000) 2,885 10,568 10,414 9,412 7,101
Net Income Attributable to Parent($000) 2,885 10,568 10,414 9,412 7,101
ROAA 1.09 1.13 1.36 1.31 1.02
Core ROAA 1.09 1.14 1.37 1.33 1.05
ROAE 12.16 11.71 12.77 12.89 10.33
ROATCE 12.84 12.42 13.65 13.95 11.27
Core ROAE 12.15 11.77 12.82 13.01 10.59
Net Interest Margin 2.81 3.22 3.97 3.98 3.80
Reported: Net Interest Margin 2.85 3.22 3.97 3.98 3.80
Efficiency Ratio 59.14 57.54 58 58.17 58.96
Noninterest Inc/ Operating Rev 21.02 19.77 16.02 15.12 15.07
Balance Sheet Ratios (%)
Loans/ Deposits 60.16 68.32 80.70 90.52 88.61
Securities/ Assets 18.96 19.79 15.97 15.16 18.12
Total Equity/ Total Assets 8.38 9.10 10.44 10.46 9.98
Tangible Equity/ Tangible Assets 7.99 8.68 9.91 9.86 9.33
Tang Common Equity/ Tang Assets 7.99 8.68 9.91 9.86 9.33
Asset Quality (%)
NPAs/ Assets NA 0.57 0.67 0.43 0.62
NPA Excl Restructured/ Assets NA 0.33 0.40 0.25 0.33
NPAs & 90+ PD/ Assets NA 0.57 0.70 0.46 0.68
NPAs/ Loans & REO NA 0.96 0.99 0.58 0.85
Nonaccrual & 90+ & OREO/ Assets NA 0.33 0.43 0.27 0.39
NPAs & 90+ PD/ Loans & REO NA 0.96 1.04 0.61 0.93
NPA & Loans 90+/ Tangible Common Equity + LLR NA 6.05 6.54 4.33 6.79
NCOs/ Avg Loans (0.02) 0.06 0.01 0.19 0.17
Loan Loss Reserves/ Gross Loans 1.43 1.36 1.27 1.08 1.08
Reserves/ NPAs NA 141.65 127.79 185.64 127.71
Loan Loss Provision/ NCO NM 419.85 NM 129.91 137.62
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA 88,101 80,573 73,053 66,203
Tier 1 Capital($000) NA 88,101 80,573 73,053 66,203
Tier 2 Capital($000) NA 7,048 7,025 5,915 5,612
Total Capital($000) NA 95,149 87,598 78,968 71,815
Total Risk-weighted Assets($000) NA 546,532 565,425 543,954 521,283
Tier 1 Common Capital (CET1) Ratio(%) NA 16.12 14.25 13.43 12.70
Tier 1 Ratio(%) NA 16.12 14.25 13.43 12.70
Total Capital Ratio(%) NA 17.37 15.50 14.52 13.78
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) NA 8.69 9.98 10.07 9.31
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 2,742,350 2,742,350 2,742,350 2,742,242 2,742,242
Avg Diluted Shares(actual) 2,742,350 2,742,350 2,742,296 2,742,242 2,742,242
Basic Book Value per Share 33.94 34.23 31.17 27.91 25.72
Book Value per Share, As Reported 33.94 34.23 31.17 27.91 25.72
Basic Tangible Book Value per Share 32.21 32.49 29.41 26.12 23.90
Tangible Book Value per Share, As Reported NA 32.49 29.41 26.13 23.90
Common Dividends Declared per Share 0.30 1.13 1.08 0.98 0.84
EPS after Extra 1.05 3.85 3.80 3.43 2.59
EPS after Extra Growth(%) 15.40 1.30 10.80 32.40 5.30
Core EPS 1.05 3.87 3.82 3.46 2.65
Core EPS Growth(%) 14.30 1.40 10.20 30.40 6
Diluted EPS before Amortization 1.05 3.87 3.82 3.47 2.63
Pre-Provision Earnings per Share 1.03 4.25 4.05 3.74 2.72
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
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.