Financial Highlights

Financial Highlights
2019 FQ1 YTD
3/31/2019
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 964,040 933,058 805,836 787,972 725,644
Total Net Loans 571,200 579,419 593,123 561,931 505,663
Total Deposits 831,577 805,643 687,693 676,629 621,805
Equity Attributable to Parent Company 111,193 109,240 101,352 96,654 89,635
Total Equity 111,193 109,240 101,352 96,654 89,635
Profitability (%)
Net Income($000) 4,007 14,017 8,640 7,385 6,810
Net Income Attributable to Parent($000) 4,007 14,017 8,640 7,385 6,810
ROAA 1.69 1.61 1.07 0.98 0.98
Core ROAA 1.71 1.59 1.20 0.99 0.97
ROAE 14.41 13.23 8.63 7.88 7.88
ROATCE 15.02 13.82 9.03 8.28 8.31
Core ROAE 14.56 13.14 9.61 7.97 7.83
Net Interest Margin 4.39 4.27 4.27 4.11 4.22
Reported: Net Interest Margin 4.45 4.28 4.27 4.11 4.22
Efficiency Ratio 47.87 54.14 56.20 61.26 61.62
Noninterest Inc/ Operating Rev 14.27 11.68 12.12 13.86 15.16
Balance Sheet Ratios (%)
Loans/ Deposits 69.70 72.96 87.60 84.36 82.88
Securities/ Assets 6.91 7.51 5.67 NA NA
Total Equity/ Total Assets 11.53 11.71 12.58 12.27 12.35
Tangible Equity/ Tangible Assets 11.12 11.28 12.09 11.76 11.81
Tang Common Equity/ Tang Assets 11.12 11.28 12.09 11.76 11.81
Asset Quality (%)
NPAs/ Assets 2.17 2.32 2.13 2.40 4.42
NPA Excl Restructured/ Assets 1.80 1.91 1.37 1.74 2.90
NPAs & 90+ PD/ Assets 2.18 2.37 2.19 2.55 4.42
NPAs/ Loans & REO 3.57 3.64 2.82 3.27 6.08
Nonaccrual & 90+ & OREO/ Assets 1.82 1.96 1.43 1.90 2.90
NPAs & 90+ PD/ Loans & REO 3.60 3.73 2.90 3.49 6.08
NPA & Loans 90+/ Tangible Common Equity + LLR 18.28 19.54 16.59 19.92 33.83
NCOs/ Avg Loans (0.01) (0.15) (0.06) 0.15 0.21
Loan Loss Reserves/ Gross Loans 1.45 1.43 1.54 1.56 1.88
Reserves/ NPAs 40.25 38.81 54.11 47.15 30.26
Loan Loss Provision/ NCO NM NM NM (2.66) (4.03)
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA 105,157 97,313 92,600 85,237
Tier 1 Capital($000) NA 114,848 107,043 100,968 93,073
Tier 2 Capital($000) NA 8,677 8,222 7,900 7,586
Total Capital($000) NA 123,525 115,265 108,868 100,659
Total Risk-weighted Assets($000) NA 694,106 657,076 630,790 604,518
Tier 1 Common Capital (CET1) Ratio(%) 15.08 15.15 14.81 14.68 14.10
Tier 1 Ratio(%) 16.50 16.55 16.29 16.01 15.40
Total Capital Ratio(%) 17.75 17.80 17.54 17.26 16.65
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 12.30 12.15 13.01 12.97 12.95
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 16,949,122 16,946,622 16,885,615 16,705,594 16,870,189
Avg Diluted Shares(actual) 16,972,630 16,938,772 16,904,915 16,889,028 16,882,787
Basic Book Value per Share 6.56 6.45 6 5.79 5.31
Book Value per Share, As Reported 6.56 6.45 6 5.79 5.32
Basic Tangible Book Value per Share 6.30 6.18 5.74 5.52 5.05
Tangible Book Value per Share, As Reported NA NA NA 5.52 5.05
Common Dividends Declared per Share 0.11 0.39 0.24 0 0
EPS after Extra 0.24 0.83 0.51 0.44 0.40
EPS after Extra Growth(%) 26.30 62.70 15.90 10 7.80
Core EPS 0.24 0.82 0.57 0.44 0.40
Core EPS Growth(%) 31.30 45.10 27.70 11.90 15
Diluted EPS before Amortization 0.24 0.83 0.51 0.44 0.40
Pre-Provision Earnings per Share 0.27 0.82 0.60 0.48 0.43
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.