Financial Highlights
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
2015 FY
12/31/2015
2014 FY
12/31/2014
Balance Sheet ($000)
Total Assets 1,160,680 1,167,655 1,153,780 1,148,497 1,089,263
Total Net Loans 854,458 882,544 876,926 874,066 822,508
Total Deposits 949,171 947,945 967,786 903,294 869,881
Equity Attributable to Parent Company 97,977 95,102 95,395 118,973 114,407
Total Equity 97,977 95,102 95,395 118,973 114,407
Profitability (%)
Net Income($000) 7,768 3,293 2,310 5,997 3,023
Net Income Attributable to Parent($000) 7,768 3,293 2,310 5,997 3,023
ROAA 0.67 0.28 0.20 0.54 0.29
ROAE 8.08 3.42 2.30 5.10 2.61
ROATCE 9.22 3.91 2.65 6.84 3.94
Net Interest Margin 3.30 3.31 3.25 3.49 3.51
Reported: Net Interest Margin 3.31 3.32 3.26 3.49 3.52
Efficiency Ratio 81.62 81.59 84.98 82.54 88.26
Noninterest Inc/ Operating Rev 29.23 28.77 29.76 28.83 29.35
Balance Sheet Ratios (%)
Loans/ Deposits NA 93.85 91.32 97.53 95.08
Securities/ Assets NA 14.96 14.15 12.85 14.06
Total Equity/ Total Assets 8.44 8.14 8.27 10.36 10.50
Tangible Equity/ Tangible Assets 7.49 7.20 7.31 9.42 9.51
Tang Common Equity/ Tang Assets 7.49 7.20 7.31 7.57 7.56
Asset Quality (%)
NPAs/ Assets NA 0.26 0.14 0.55 0.27
NPA Excl Restructured/ Assets NA 0.26 0.14 0.53 0.25
NPAs & 90+ PD/ Assets NA 0.26 0.14 0.55 0.27
NPAs/ Loans & REO NA 0.34 0.18 0.71 0.35
Nonaccrual & 90+ & OREO/ Assets NA 0.26 0.14 0.53 0.25
NPAs & 90+ PD/ Loans & REO NA 0.34 0.18 0.71 0.35
NPA & Loans 90+/ Tangible Common Equity + LLR NA 3.25 1.74 6.56 3.20
NCOs/ Avg Loans 0.11 0.06 0.44 0.11 0.11
Loan Loss Reserves/ Gross Loans 1 1.14 1.12 1.12 1.16
Reserves/ NPAs NA 336.65 611.58 157.55 329.89
Loan Loss Provision/ NCO (63.63) 154.44 100.28 131.30 43.81
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA 95,882 95,028 93,202 87,973
Tier 1 Capital($000) NA 107,682 106,868 125,648 120,992
Tier 2 Capital($000) NA 18,594 18,263 18,448 NA
Total Capital($000) NA 126,276 125,131 144,096 131,497
Total Risk-weighted Assets($000) NA 956,096 951,273 926,749 888,330
Tier 1 Common Capital (CET1) Ratio(%) NA 10.03 9.99 10.06 9.90
Tier 1 Ratio(%) NA 11.26 11.23 13.56 13.62
Total Capital Ratio(%) 13.53 13.21 13.15 15.55 14.80
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) NA 9.32 9.35 11.41 11.34
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 17,619,303 18,128,247 18,903,472 18,870,811 18,784,888
Avg Diluted Shares(actual) 18,037,000 18,600,000 18,955,000 18,933,000 18,908,000
Basic Book Value per Share 5.56 5.25 5.05 5.19 4.97
Book Value per Share, As Reported 5.56 5.25 5.05 5.19 4.97
Basic Tangible Book Value per Share 4.88 4.59 4.41 4.56 4.34
Tangible Book Value per Share, As Reported 4.88 4.59 4.41 4.56 4.33
Common Dividends Declared per Share 0.08 0.06 0.05 0.04 0.04
EPS after Extra 0.43 0.18 0.12 0.31 0.15
EPS after Extra Growth(%) 138.90 50 (61.30) 106.70 (42.30)
Core EPS 0.45 0.31 0.12 0.28 0.17
Core EPS Growth(%) 43.30 152.70 (55.30) 61 (28.50)
Diluted EPS before Amortization 0.43 0.18 0.12 0.31 0.19
Pre-Provision Earnings per Share 0.40 0.33 0.25 0.29 0.16
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