Financial Highlights

Financial Highlights
2016 FY
12/31/2016
2015 FY
12/31/2015
2014 FY
12/31/2014
2013 FY
12/31/2013
2012 FY
12/31/2012
Balance Sheet ($000)
Total Assets 787,677 725,644 663,169 635,929 648,877
Total Net Loans 561,932 505,663 446,824 384,025 388,249
Total Deposits 676,629 621,805 565,373 542,489 563,287
Equity Attributable to Parent Company 96,359 89,635 82,826 76,543 69,441
Total Equity 96,359 89,635 82,826 76,543 69,441
Profitability (%)
Net Income($000) 7,385 6,810 6,216 7,269 6,069
Net Income Attributable to Parent($000) 7,385 6,810 6,216 7,269 6,069
ROAA 0.98 0.98 0.93 1.13 0.97
Core ROAA 0.99 0.97 0.86 1.15 0.87
ROAE 7.88 7.88 7.80 10.09 9.23
ROATCE 8.28 8.31 8.32 10.97 10.29
Core ROAE 7.97 7.83 7.27 10.26 8.28
Net Interest Margin 4.11 4.22 4.01 3.86 4.40
Reported: Net Interest Margin 4.11 4.22 4.01 3.86 4.40
Efficiency Ratio 61.26 61.62 66.22 73.45 68.52
Noninterest Inc/ Operating Rev 13.86 15.16 15.84 15.65 15.43
Balance Sheet Ratios (%)
Loans/ Deposits 84.36 82.88 80.94 72.81 71.02
Securities/ Assets NA NA 7.97 7.58 5.74
Total Equity/ Total Assets 12.23 12.35 12.49 12.04 10.70
Tangible Equity/ Tangible Assets 11.73 11.81 11.89 11.40 10.05
Tang Common Equity/ Tang Assets 11.73 11.81 11.89 11.40 10.05
Asset Quality (%)
NPAs/ Assets 2.40 4.42 4.46 5.04 7.25
NPA Excl Restructured/ Assets 1.74 2.90 3.61 4.13 5.76
NPAs & 90+ PD/ Assets 2.40 4.42 4.46 5.04 7.25
NPAs/ Loans & REO 3.27 6.08 6.27 7.84 11.10
Nonaccrual & 90+ & OREO/ Assets 1.74 2.90 3.61 4.13 5.76
NPAs & 90+ PD/ Loans & REO 3.27 6.08 6.27 7.84 11.10
NPA & Loans 90+/ Tangible Common Equity + LLR 18.74 33.83 33.20 38.62 61.54
NCOs/ Avg Loans 0.15 0.21 (0.15) (0.08) 0.74
Loan Loss Reserves/ Gross Loans 1.56 1.88 2.35 2.78 2.95
Reserves/ NPAs 47.15 30.26 36.41 34.29 25.03
Loan Loss Provision/ NCO (2.66) (4.03) NM NM 35.35
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA 85,237 75,584 NA NA
Tier 1 Capital($000) NA 93,073 85,234 71,827 65,742
Tier 2 Capital($000) NA 7,586 NA NA NA
Total Capital($000) NA 100,659 91,935 77,530 71,436
Total Risk-weighted Assets($000) NA 604,518 531,696 450,824 461,099
Tier 1 Common Capital (CET1) Ratio(%) 14.68 14.10 14.22 NA NA
Tier 1 Ratio(%) 16.01 15.40 16.03 15.93 14.26
Total Capital Ratio(%) 17.26 16.65 17.29 17.20 15.49
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 12.97 12.95 12.49 11.19 10.66
Supplementary Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 16,705,294 16,703,157 16,703,157 16,676,885 16,670,906
Avg Diluted Shares(actual) 16,710,808 16,704,937 16,692,189 16,675,468 16,664,617
Basic Book Value per Share 5.77 5.37 4.96 4.59 4.17
As-reported Book Value per Share 5.77 5.37 4.97 4.57 4.29
Basic Tangible Book Value per Share 5.50 5.10 4.69 4.32 3.88
Reported: Tangible Book Value 5.50 5.10 4.68 4.31 4.02
Common Dividends Declared per Share 0 0 0 0 0
EPS after Extra 0.44 0.41 0.37 0.43 0.37
EPS after Extra Growth(%) 7.30 9.40 (13.80) 18.60 NM
Core EPS 0.44 0.41 0.35 0.44 0.33
Core EPS Growth(%) 9.20 16.70 (21) 34.40 NM
Diluted EPS before Amortization 0.44 0.41 0.38 0.45 0.39
Pre-Provision Earnings per Share 0.48 0.44 0.35 0.24 0.29
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