Financial Highlights

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 1,750,969 1,534,302 1,418,804 1,384,476 1,110,459
Total Net Loans 1,369,234 1,162,857 1,133,938 1,126,787 861,601
Total Deposits 1,309,154 1,159,580 1,107,017 1,012,314 823,227
Equity Attributable to Parent Company 176,773 150,192 145,625 114,712 109,438
Total Equity 176,773 150,192 145,625 114,712 109,438
Profitability (%)
Net Income($000) 12,003 7,575 12,912 6,816 2,079
Net Income Attributable to Parent($000) 12,003 7,575 12,912 6,816 2,079
ROAA 0.73 0.52 0.90 0.56 0.20
Core ROAA 0.69 0.55 0.61 0.57 0.29
ROAE 7.46 5.23 10.50 6.08 2.01
ROATCE 8.65 6.06 13.57 8.09 2.38
Core ROAE 7.06 5.47 7.05 6.25 2.94
Net Interest Margin 3.41 3.27 3.22 3.07 3.01
Reported: Net Interest Margin 3.41 3.27 3.22 3.07 3.01
Efficiency Ratio 81.26 83.26 80.60 82.85 88.04
Noninterest Inc/ Operating Rev 42.02 47.22 49.49 49.96 42.99
Balance Sheet Ratios (%)
Loans/ Deposits 99.63 95.37 95.11 101.96 96.97
Securities/ Assets 13.85 15.58 11.86 9.51 11.52
Total Equity/ Total Assets 10.10 9.79 10.26 8.29 9.86
Tangible Equity/ Tangible Assets 9.11 8.65 9.03 6.99 8.39
Tang Common Equity/ Tang Assets 8.66 8.13 7.86 5.79 6.89
Asset Quality (%)
NPAs/ Assets 0.65 1.02 0.85 1.17 1.20
NPA Excl Restructured/ Assets 0.41 0.63 0.44 0.68 0.36
NPAs & 90+ PD/ Assets 0.65 1.02 0.85 1.23 1.68
NPAs/ Loans & REO 0.82 1.33 1.06 1.43 1.54
Nonaccrual & 90+ & OREO/ Assets 0.41 0.63 0.44 0.74 0.83
NPAs & 90+ PD/ Loans & REO 0.82 1.33 1.06 1.50 2.15
NPA & Loans 90+/ Tangible Common Equity + LLR 7.03 11.72 10.18 19.57 22.86
NCOs/ Avg Loans 0.11 0.12 0.22 0.07 0.17
Loan Loss Reserves/ Gross Loans 0.79 0.84 0.80 0.71 0.72
Reserves/ NPAs 96.78 63.32 75.04 49.45 46.66
Loan Loss Provision/ NCO 176.94 155.66 143.16 351.13 199.54
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 156,714 126,350 114,642 82,494 77,824
Tier 1 Capital($000) 168,672 138,308 135,100 102,952 98,158
Tier 2 Capital($000) 24,823 39,839 38,993 37,424 NA
Total Capital($000) 193,495 178,147 174,093 140,376 133,780
Total Risk-weighted Assets($000) 1,403,738 1,198,102 1,133,743 1,086,877 815,616
Tier 1 Common Capital (CET1) Ratio(%) 11.16 10.55 10.11 7.59 9.54
Tier 1 Ratio(%) 12.02 11.54 11.92 9.47 12.03
Total Capital Ratio(%) 13.78 14.87 15.36 12.91 16.40
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 9.87 9.27 9.54 7.77 8.98
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 11,607,293 10,444,627 9,996,544 8,061,921 7,983,285
Avg Diluted Shares(actual) 12,722,003 10,440,228 10,068,733 8,140,116 8,102,117
Basic Book Value per Share 14.55 13.63 12.93 12.20 11.66
Book Value per Share, As Reported 14.55 13.63 12.93 12.20 11.59
Basic Tangible Book Value per Share 12.92 11.80 11.01 9.81 9.44
Tangible Book Value per Share, As Reported 12.92 11.80 11.01 9.81 9.44
Common Dividends Declared per Share 0.11 0.10 0.08 0.08 0.08
EPS after Extra 1 0.68 1.31 0.77 0.22
EPS after Extra Growth(%) 47.10 (48.10) 70.10 250 (61.40)
Core EPS 0.95 0.71 0.89 0.79 0.34
Core EPS Growth(%) 33 (19.60) 11.80 132 (39.20)
Diluted EPS before Amortization 1.01 0.69 1.32 0.77 0.22
Pre-Provision Earnings per Share 1.11 0.82 1.09 0.94 0.46
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.
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