two businessmen chatting while walking.

Financial Highlights

Financial Highlights
2019 FQ3 YTD
9/30/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
2015 FY
12/31/2015
Balance Sheet ($000)
Total Assets 2,047,373 1,711,159 1,452,327 1,073,294 856,106
Total Net Loans 1,726,667 1,447,381 1,215,716 888,603 681,947
Total Deposits 1,652,608 1,393,204 1,167,098 894,934 739,021
Equity Attributable to Parent Company 223,303 194,836 163,250 88,806 68,763
Total Equity 223,303 194,836 163,250 88,806 68,763
Profitability (%)
Net Income($000) 9,992 17,589 6,993 6,406 3,887
Net Income Attributable to Parent($000) 9,992 17,589 6,993 6,406 3,887
ROAA 0.74 1.09 0.57 0.66 0.51
Core ROAA 0.79 1.11 0.87 0.63 0.45
ROAE 6.62 9.70 5.60 8.08 5.74
ROATCE 7.39 10.72 5.86 8.15 5.84
Core ROAE 7.06 9.90 8.47 7.65 5.11
Net Interest Margin 3.31 3.57 3.39 3.11 3.27
Reported: Net Interest Margin 3.32 3.57 3.39 3.11 3.27
Efficiency Ratio 58.96 55.18 52.84 59.22 67.65
Noninterest Inc/ Operating Rev 4.35 4.59 4.34 3.50 3.59
Balance Sheet Ratios (%)
Loans/ Deposits 105.52 104.98 105.17 100.39 93.35
Securities/ Assets 5.37 6.61 8.72 10.20 12.32
Total Equity/ Total Assets 10.91 11.39 11.24 8.27 8.03
Tangible Equity/ Tangible Assets 9.98 10.47 10.54 8.26 8
Tang Common Equity/ Tang Assets 9.98 10.47 10.54 8.26 8
Asset Quality (%)
NPAs/ Assets 0.81 0.43 0.40 0.63 0.68
NPA Excl Restructured/ Assets 0.78 0.43 0.40 0.61 0.63
NPAs & 90+ PD/ Assets 0.89 0.46 0.45 0.70 0.70
NPAs/ Loans & REO 0.95 0.51 0.47 0.75 0.85
Nonaccrual & 90+ & OREO/ Assets 0.86 0.46 0.45 0.68 0.64
NPAs & 90+ PD/ Loans & REO 1.04 0.54 0.53 0.84 0.86
NPA & Loans 90+/ Tangible Common Equity + LLR 8.31 4.09 4.01 7.66 7.81
NCOs/ Avg Loans 0.14 0 0.08 0.10 0.14
Loan Loss Reserves/ Gross Loans 0.99 1.03 0.95 1.09 1.15
Reserves/ NPAs 103.83 203.45 201.08 144.93 135.43
Loan Loss Provision/ NCO 235.25 NM 332.71 332.55 320.41
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 201,184 177,230 151,825 88,392 68,224
Tier 1 Capital($000) 201,184 177,230 151,825 88,392 68,224
Tier 2 Capital($000) 39,319 37,123 33,556 31,467 29,473
Total Capital($000) 240,503 214,353 185,381 119,859 97,697
Total Risk-weighted Assets($000) 1,942,726 1,633,697 1,374,098 1,006,484 795,045
Tier 1 Common Capital (CET1) Ratio(%) 10.36 10.85 11.05 8.78 8.58
Tier 1 Ratio(%) 10.36 10.85 11.05 8.78 8.58
Total Capital Ratio(%) 12.38 13.12 13.49 11.91 12.29
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 10.95 10.40 10.54 8.56 8.22
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 20,460,078 18,676,056 17,443,173 11,410,274 9,470,157
Avg Diluted Shares(actual) 18,961,434 18,571,537 14,577,664 10,580,040 9,492,289
Basic Book Value per Share 10.91 10.43 9.36 7.78 7.26
Book Value per Share, As Reported 10.91 10.43 9.36 7.78 7.26
Basic Tangible Book Value per Share 9.89 9.50 8.70 7.76 7.23
Tangible Book Value per Share, As Reported 9.88 9.50 8.70 7.76 7.23
Common Dividends Declared per Share 0.09 0.12 0.06 0.02 0
EPS after Extra 0.53 0.95 0.48 0.61 0.41
EPS after Extra Growth(%) (27.40) 97.90 (21.30) 48.80 (34.90)
Core EPS 0.57 0.97 0.73 0.58 0.37
Core EPS Growth(%) (25.30) 33.60 25.60 58.20 (6.50)
Diluted EPS before Amortization 0.54 0.96 0.49 0.62 0.42
Pre-Provision Earnings per Share 0.74 1.08 0.83 0.72 0.48
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.