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 1,418,804 1,384,476 1,110,459 987,060 726,769
Total Net Loans 1,133,938 1,126,787 861,601 707,430 527,896
Total Deposits 1,107,017 1,012,314 823,227 695,811 486,519
Equity Attributable to Parent Company 145,625 114,712 109,438 94,022 67,549
Total Equity 145,625 114,712 109,438 94,022 67,549
Profitability (%)
Net Income($000) 12,912 6,816 2,079 4,020 4,168
Net Income Attributable to Parent($000) 12,912 6,816 2,079 4,020 4,168
ROAA 0.90 0.56 0.20 0.51 0.71
Core ROAA 0.29 0.57 0.29 0.50 0.64
ROAE 10.50 6.08 2.01 5.11 8.33
ROATCE 13.57 8.09 2.38 7.49 10.48
Core ROAE 3.39 6.25 2.94 5.04 7.51
Net Interest Margin 3.22 3.07 3.01 3.10 3.11
Reported: Net Interest Margin 3.22 3.07 3.01 2.99 3.12
Efficiency Ratio 87.74 82.85 88.04 84.58 67.20
Noninterest Inc/ Operating Rev 45.02 49.96 42.99 52.90 29.10
Balance Sheet Ratios (%)
Loans/ Deposits 95.11 101.96 96.97 89.44 91.76
Securities/ Assets 11.86 9.51 11.52 17.16 16.17
Total Equity/ Total Assets 10.26 8.29 9.86 9.53 9.29
Tangible Equity/ Tangible Assets 9.03 6.99 8.39 7.86 7.04
Tang Common Equity/ Tang Assets 7.86 5.79 6.89 6.99 5.84
Asset Quality (%)
NPAs/ Assets 0.88 1.17 1.20 0.57 0.46
NPA Excl Restructured/ Assets 0.44 0.68 0.36 0.08 0.46
NPAs & 90+ PD/ Assets 0.88 1.23 1.68 0.62 0.50
NPAs/ Loans & REO 1.09 1.43 1.54 0.79 0.63
Nonaccrual & 90+ & OREO/ Assets 0.44 0.74 0.83 0.12 0.50
NPAs & 90+ PD/ Loans & REO 1.09 1.50 2.15 0.85 0.69
NPA & Loans 90+/ Tangible Common Equity + LLR 10.49 19.57 22.86 8.37 8.05
NCOs/ Avg Loans 0.22 0.07 0.17 0.25 0.41
Loan Loss Reserves/ Gross Loans 0.80 0.71 0.72 0.69 0.77
Reserves/ NPAs 72.82 49.45 46.66 87.72 122.33
Loan Loss Provision/ NCO 143.22 351.13 199.54 161.31 158.28
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 114,642 82,494 77,824 NA NA
Tier 1 Capital($000) 135,100 102,952 98,158 79,342 51,451
Tier 2 Capital($000) 38,993 37,424 NA NA NA
Total Capital($000) 174,093 140,376 133,780 84,361 55,527
Total Risk-weighted Assets($000) 1,133,743 1,086,877 815,616 610,115 451,382
Tier 1 Common Capital (CET1) Ratio(%) 10.11 7.59 9.54 NA NA
Tier 1 Ratio(%) 11.92 9.47 12.03 13.03 11.40
Total Capital Ratio(%) 15.36 12.91 16.40 13.80 12.30
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 9.54 7.77 8.98 9.28 8.40
Supplementary Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 9,996,544 8,061,921 7,983,285 7,603,740 5,763,648
Avg Diluted Shares(actual) 10,068,733 8,140,116 8,102,117 6,939,028 4,509,234
Basic Book Value per Share 12.93 12.20 11.66 11.25 10.25
As-reported Book Value per Share 12.93 12.20 11.59 11.10 10.07
Basic Tangible Book Value per Share 11.01 9.81 9.44 8.91 7.19
Reported: Tangible Book Value 11.01 9.81 9.44 8.85 7.19
Common Dividends Declared per Share 0.08 0.08 0.08 0.08 0.07
EPS after Extra 1.31 0.77 0.22 0.57 0.90
EPS after Extra Growth(%) 70.10 250 (61.40) (36.30) 47.90
Core EPS 0.44 0.79 0.34 0.56 0.80
Core EPS Growth(%) (44.60) 132 (39.20) (30) 66.30
Diluted EPS before Amortization 1.32 0.77 0.22 0.57 0.90
Pre-Provision Earnings per Share 0.64 0.94 0.46 0.68 1.12
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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