Financial Highlights
2019 FQ3 YTD
9/30/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
Balance Sheet ($000)
Total Assets 2,092,793 1,966,457 1,794,066 1,780,699
Total Net Loans 1,703,442 1,602,517 1,485,026 1,430,874
Total Deposits 1,508,816 1,455,299 1,394,331 1,538,855
Equity Attributable to Parent Company 190,792 180,707 169,278 161,650
Total Equity 190,792 180,707 169,278 161,650
Profitability (%)
Net Income($000) 17,556 16,303 11,905 14,909
Net Income Attributable to Parent($000) 17,556 16,303 11,905 14,909
ROAA 1.15 0.86 0.67 0.82
Core ROAA 1.16 0.86 0.82 0.97
ROAE 12.77 9.41 7.16 9.40
ROATCE 13.42 9.95 7.57 9.98
Core ROAE 12.79 9.43 8.73 11.10
Net Interest Margin 3.57 3.72 3.58 3.64
Reported: Net Interest Margin 3.57 3.72 3.58 3.64
Efficiency Ratio 73.42 72.44 69.80 64.12
Noninterest Inc/ Operating Rev 24.01 21.25 21.97 22.11
Balance Sheet Ratios (%)
Loans/ Deposits 114.03 111.16 107.69 94.27
Securities/ Assets 9.69 9.34 9.46 10.50
Total Equity/ Total Assets 9.12 9.19 9.44 9.08
Tangible Equity/ Tangible Assets 8.59 8.63 8.89 8.52
Tang Common Equity/ Tang Assets 8.59 8.63 8.89 8.52
Asset Quality (%)
NPAs/ Assets 1.23 1.43 1.55 1.54
NPA Excl Restructured/ Assets 1.23 1.42 1.53 1.50
NPAs & 90+ PD/ Assets 1.23 1.43 1.55 1.54
NPAs/ Loans & REO 1.50 1.72 1.85 1.88
Nonaccrual & 90+ & OREO/ Assets 1.23 1.42 1.53 1.50
NPAs & 90+ PD/ Loans & REO 1.50 1.72 1.85 1.88
NPA & Loans 90+/ Tangible Common Equity + LLR 12.98 14.82 15.68 15.95
NCOs/ Avg Loans 0.07 0.24 0.57 0.22
Loan Loss Reserves/ Gross Loans 1.17 1.26 1.25 1.44
Reserves/ NPAs 78.07 72.87 67.52 76.37
Loan Loss Provision/ NCO 70.62 143.39 74.17 242.64
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 180,193 171,142 159,157 150,960
Tier 1 Capital($000) 190,281 181,175 169,176 160,964
Tier 2 Capital($000) NA 47,150 45,325 43,153
Total Capital($000) 235,378 228,325 214,501 204,117
Total Risk-weighted Assets($000) 1,977,970 1,925,107 1,790,238 1,738,759
Tier 1 Common Capital (CET1) Ratio(%) 9.11 8.89 8.89 8.68
Tier 1 Ratio(%) 9.62 9.41 9.45 9.26
Total Capital Ratio(%) 11.90 11.85 11.98 11.74
Liquidity Coverage Ratio(%) NA NA NA NA
Leverage Ratio(%) 9.18 9.33 9.54 9.07
Basel III Leverage Ratio(%) NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 8,636,085 8,785,480 8,763,539 8,715,856
Avg Diluted Shares(actual) 8,546,192 8,640,198 8,612,770 8,573,722
Basic Book Value per Share 22.09 20.57 19.32 18.55
Book Value per Share, As Reported 22.09 20.57 19.32 18.55
Basic Tangible Book Value per Share 20.71 19.20 18.08 17.30
Tangible Book Value per Share, As Reported 20.71 19.20 17.87 17.08
Common Dividends Declared per Share 0.45 0.56 0.52 0.48
EPS after Extra 2.01 1.86 1.36 1.71
EPS after Extra Growth(%) 43.60 36.80 (20.50) (10)
Core EPS 2.01 1.86 1.66 2.02
Core EPS Growth(%) 43.50 12.10 (17.80) 5.70
Diluted EPS before Amortization 2.01 1.87 1.37 1.72
Pre-Provision Earnings per Share 1.59 2.09 1.74 2.17
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