Financial Highlights Report

Financial Highlights
2020 FQ2 YTD
6/30/2020
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 2,412,303 1,720,253 1,647,724 1,595,432 1,206,320
Total Net Loans 1,721,058 1,261,172 1,288,909 1,231,930 895,486
Total Deposits 2,032,801 1,412,260 1,348,092 1,298,492 967,621
Equity Attributable to Parent Company 252,190 189,516 168,137 153,966 120,061
Total Equity 252,190 189,516 168,137 153,966 120,061
Profitability (%)
Net Income($000) 4,574 23,721 21,748 9,788 10,869
Net Income Attributable to Parent($000) 4,574 23,721 21,748 9,788 10,869
ROAA 0.43 1.40 1.34 0.69 0.93
Core ROAA 0.95 1.46 1.39 1.06 0.95
ROAE 3.91 13.33 13.62 7.12 9.17
ROATCE 5.32 15.74 16.29 8.12 9.97
Core ROAE 8.64 13.83 14.07 10.93 9.36
Net Interest Margin 3.51 3.81 3.81 3.61 3.45
Reported: Net Interest Margin 3.53 3.81 3.81 3.51 3.35
Efficiency Ratio 58.33 59.78 59.87 62.37 67.99
Noninterest Inc/ Operating Rev 20.90 23.15 22 23.39 25.83
Balance Sheet Ratios (%)
Loans/ Deposits 85.28 90.11 96.62 95.82 93.83
Securities/ Assets 11.53 12.55 11.84 13.08 16.98
Total Equity/ Total Assets 10.45 11.02 10.20 9.65 9.95
Tangible Equity/ Tangible Assets 8.56 9.76 8.88 8.38 9.43
Tang Common Equity/ Tang Assets 8.56 9.76 8.88 8.38 9.43
Asset Quality (%)
NPAs/ Assets 0.39 0.47 0.45 0.68 1.01
NPA Excl Restructured/ Assets 0.24 0.25 0.22 0.43 0.39
NPAs & 90+ PD/ Assets 0.51 0.54 0.66 0.77 1.12
NPAs/ Loans & REO 0.54 0.63 0.57 0.86 1.34
Nonaccrual & 90+ & OREO/ Assets 0.36 0.32 0.42 0.52 0.51
NPAs & 90+ PD/ Loans & REO 0.71 0.73 0.83 0.99 1.49
NPA & Loans 90+/ Tangible Common Equity + LLR 5.61 5.18 6.83 8.42 10.64
NCOs/ Avg Loans 0.26 0.06 0.13 0.02 0.06
Loan Loss Reserves/ Gross Loans 1.06 1.09 1.07 1.12 1.56
Reserves/ NPAs 194.07 171.52 187.31 129.73 116.33
Loan Loss Provision/ NCO 322.34 82.30 99.26 0 0
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA 176,403 158,404 144,376 121,650
Tier 1 Capital($000) NA 176,403 158,404 144,376 121,650
Tier 2 Capital($000) NA 13,916 14,045 14,103 10,383
Total Capital($000) NA 190,319 172,449 158,479 132,033
Total Risk-weighted Assets($000) NA 1,216,572 1,200,940 1,128,795 826,773
Tier 1 Common Capital (CET1) Ratio(%) NA 14.50 13.19 12.79 14.71
Tier 1 Ratio(%) NA 14.50 13.19 12.79 14.71
Total Capital Ratio(%) NA 15.64 14.36 14.04 15.97
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) NA 10.19 9.66 9.04 10.06
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 8,695,839 7,079,359 7,046,020 7,023,658 6,064,138
Avg Diluted Shares(actual) 8,575,911 7,061,524 7,035,818 6,543,756 6,051,579
Basic Book Value per Share 29 26.77 23.86 21.92 19.80
Book Value per Share, As Reported 29 26.77 23.86 21.92 19.80
Basic Tangible Book Value per Share 23.25 23.38 20.46 18.77 18.64
Tangible Book Value per Share, As Reported NA NA 20.46 18.77 NA
Common Dividends Declared per Share 0.50 0.98 0.89 0.80 0.80
EPS after Extra 0.53 3.36 3.09 1.50 1.80
EPS after Extra Growth(%) (69.70) 8.70 106 (16.70) (1.60)
Core EPS 1.17 3.49 3.19 2.30 1.84
Core EPS Growth(%) (33.70) 9.20 38.60 25.30 (0.10)
Diluted EPS before Amortization 0.60 3.45 3.20 1.58 1.86
Pre-Provision Earnings per Share 1.68 3.41 3.20 2.12 1.58
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.