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 1,349,338 1,322,604 1,140,689 1,062,389 1,099,610
Total Net Loans 1,083,240 1,053,201 931,525 849,733 824,197
Total Deposits 1,136,002 1,139,393 1,001,300 893,840 916,309
Equity Attributable to Parent Company 141,374 112,876 99,719 133,916 119,281
Total Equity 141,374 112,876 99,719 133,916 119,281
Profitability (%)
Net Income($000) 27,339 10,449 (34,643) 12,441 357
Net Income Attributable to Parent($000) 27,339 10,449 (34,643) 12,441 357
ROAA 2.04 0.88 (3.13) 1.17 0.03
Core ROAA 2.04 0.39 (3.13) 1.17 (0.08)
ROAE 21.40 9.78 (27.56) 10.23 0.30
ROATCE NA 9.74 (27.37) 9.57 (0.76)
Core ROAE 21.37 4.35 (27.56) 10.22 (0.74)
Net Interest Margin 3.74 3.74 3.30 3.25 3.23
Reported: Net Interest Margin 3.74 3.74 3.30 3.25 3.23
Efficiency Ratio 68.86 78.47 94.83 96.61 94.61
Noninterest Inc/ Operating Rev 8.57 9.10 7.64 7.35 11.87
Balance Sheet Ratios (%)
Loans/ Deposits 96.54 93.68 94.71 96.49 91.46
Securities/ Assets 3.06 3.72 4.63 5.74 6.52
Total Equity/ Total Assets 10.48 8.53 8.74 12.61 10.85
Tangible Equity/ Tangible Assets NA 8.53 8.74 12.61 10.85
Tang Common Equity/ Tang Assets NA 8.53 8.74 12.61 9.79
Asset Quality (%)
NPAs/ Assets 0.41 0.48 2.18 2.44 3.32
NPA Excl Restructured/ Assets 0.41 0.45 2.18 2.37 2.31
NPAs & 90+ PD/ Assets 0.50 0.48 2.18 2.44 3.32
NPAs/ Loans & REO 0.50 0.60 2.62 3 4.35
Nonaccrual & 90+ & OREO/ Assets 0.50 0.45 2.18 2.37 2.31
NPAs & 90+ PD/ Loans & REO 0.62 0.60 2.62 3 4.35
NPA & Loans 90+/ Tangible Common Equity + LLR NA 5.03 21.35 17.65 30.07
NCOs/ Avg Loans 0.06 0.26 1.84 0.13 (0.12)
Loan Loss Reserves/ Gross Loans 1.23 1.33 1.77 1.47 1.65
Reserves/ NPAs 246.01 221.95 67.54 49.12 37.88
Loan Loss Provision/ NCO 0 0 125.88 0 NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA 116,005 101,199 131,188 102,854
Tier 1 Capital($000) NA 133,005 118,199 143,260 131,532
Tier 2 Capital($000) NA 14,546 12,844 11,624 NA
Total Capital($000) NA 147,551 131,043 154,884 142,039
Total Risk-weighted Assets($000) NA 1,208,385 1,022,962 923,384 836,577
Tier 1 Common Capital (CET1) Ratio(%) NA 9.60 9.89 14.21 12.29
Tier 1 Ratio(%) NA 11 11.55 15.51 15.72
Total Capital Ratio(%) NA 12.20 12.81 16.77 16.98
Leverage Ratio(%) NA 10.50 10.52 13.30 12.22
Per Share Information ($)
Common Shares Outstanding(actual) 21,916,195 23,232,515 23,004,668 22,820,332 19,462,561
Avg Diluted Shares(actual) 23,527,183 23,312,292 22,958,644 20,675,279 19,230,913
Basic Book Value per Share 6.06 4.86 4.33 5.87 5.53
Book Value per Share, As Reported 6.06 4.33 4.33 5.87 5.53
Basic Tangible Book Value per Share NA 4.86 4.33 5.87 5.53
Tangible Book Value per Share, As Reported 6.06 4.33 4.33 5.87 5.53
EPS after Extra 1.16 0.45 (1.51) 0.53 (0.04)
EPS after Extra Growth(%) 157.80 NM NM NM NM
Core EPS 1.16 0.20 (1.51) 0.53 (0.10)
Core EPS Growth(%) 481.60 NM NM NM NM
Diluted EPS before Amortization 1.16 0.45 (1.51) 0.53 (0.04)
Pre-Provision Earnings per Share 0.54 0.29 0.07 (0.04) (0.06)
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.