Financial Highlights Report

Financial Highlights
2019 FY
12/31/2019
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 1,720,253 1,647,724 1,595,432 1,206,320 1,147,925
Total Net Loans 1,261,172 1,288,909 1,231,930 895,486 840,048
Total Deposits 1,412,260 1,348,092 1,298,492 967,621 912,980
Equity Attributable to Parent Company 189,516 168,137 153,966 120,061 114,715
Total Equity 189,516 168,137 153,966 120,061 114,715
Profitability (%)
Net Income($000) 23,721 21,748 9,788 10,869 11,017
Net Income Attributable to Parent($000) 23,721 21,748 9,788 10,869 11,017
ROAA 1.40 1.34 0.69 0.93 0.99
Core ROAA 1.46 1.39 1.06 0.95 0.99
ROAE 13.33 13.62 7.12 9.17 9.77
ROATCE 15.74 16.29 8.12 9.97 10.67
Core ROAE 13.83 14.07 10.93 9.36 9.81
Net Interest Margin 3.81 3.81 3.61 3.45 3.55
Reported: Net Interest Margin 3.81 3.81 3.51 3.35 3.45
Efficiency Ratio 59.78 59.87 62.37 67.99 67.21
Noninterest Inc/ Operating Rev 23.15 22 23.39 25.83 25.43
Balance Sheet Ratios (%)
Loans/ Deposits 90.11 96.62 95.82 93.83 93.43
Securities/ Assets 12.55 11.84 13.08 16.98 17.74
Total Equity/ Total Assets 11.02 10.20 9.65 9.95 9.99
Tangible Equity/ Tangible Assets 9.76 8.88 8.38 9.43 9.41
Tang Common Equity/ Tang Assets 9.76 8.88 8.38 9.43 9.41
Asset Quality (%)
NPAs/ Assets 0.47 0.45 0.68 1.01 0.96
NPA Excl Restructured/ Assets 0.25 0.22 0.43 0.39 0.37
NPAs & 90+ PD/ Assets 0.54 0.66 0.77 1.12 1.15
NPAs/ Loans & REO 0.63 0.57 0.86 1.34 1.29
Nonaccrual & 90+ & OREO/ Assets 0.32 0.42 0.52 0.51 0.56
NPAs & 90+ PD/ Loans & REO 0.73 0.83 0.99 1.49 1.54
NPA & Loans 90+/ Tangible Common Equity + LLR 5.18 6.83 8.42 10.64 10.81
NCOs/ Avg Loans 0.06 0.13 0.02 0.06 0.05
Loan Loss Reserves/ Gross Loans 1.09 1.07 1.12 1.56 1.73
Reserves/ NPAs 171.52 187.31 129.73 116.33 133.20
Loan Loss Provision/ NCO 82.30 99.26 0 0 0
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 176,403 158,404 144,376 121,650 115,005
Tier 1 Capital($000) 176,403 158,404 144,376 121,650 115,005
Tier 2 Capital($000) 13,916 14,045 14,103 10,383 9,670
Total Capital($000) 190,319 172,449 158,479 132,033 124,675
Total Risk-weighted Assets($000) 1,216,572 1,200,940 1,128,795 826,773 766,735
Tier 1 Common Capital (CET1) Ratio(%) 14.50 13.19 12.79 14.71 15
Tier 1 Ratio(%) 14.50 13.19 12.79 14.71 15
Total Capital Ratio(%) 15.64 14.36 14.04 15.97 16.26
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 10.19 9.66 9.04 10.06 10.08
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 7,079,359 7,046,020 7,023,658 6,064,138 6,039,724
Avg Diluted Shares(actual) 7,061,524 7,035,818 6,543,756 6,051,579 6,026,224
Basic Book Value per Share 26.77 23.86 21.92 19.80 18.99
Book Value per Share, As Reported 26.77 23.86 21.92 19.80 18.99
Basic Tangible Book Value per Share 23.38 20.46 18.77 18.64 17.78
Tangible Book Value per Share, As Reported NA 20.46 18.77 NA 17.78
Common Dividends Declared per Share 0.98 0.89 0.80 0.80 0.80
EPS after Extra 3.36 3.09 1.50 1.80 1.83
EPS after Extra Growth(%) 8.70 106 (16.70) (1.60) 7
Core EPS 3.49 3.19 2.30 1.84 1.84
Core EPS Growth(%) 9.20 38.60 25.30 (0.10) 3.60
Diluted EPS before Amortization 3.45 3.20 1.58 1.86 1.89
Pre-Provision Earnings per Share 3.41 3.20 2.12 1.58 1.57
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.