Financial Highlights
2018 FQ4 YTD
12/31/2018
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
Balance Sheet ($000)
Total Assets 1,966,457 1,966,457 1,794,066 1,780,699
Total Net Loans 1,602,517 1,602,517 1,485,026 1,430,874
Total Deposits 1,455,299 1,455,299 1,394,331 1,538,855
Equity Attributable to Parent Company 180,707 180,707 169,278 161,650
Total Equity 180,707 180,707 169,278 161,650
Profitability (%)
Net Income($000) 16,303 16,303 11,905 14,909
Net Income Attributable to Parent($000) 16,303 16,303 11,905 14,909
ROAA 0.86 0.86 0.67 0.82
Core ROAA 0.86 0.86 0.82 0.97
ROAE 9.41 9.41 7.16 9.40
ROATCE 10.10 10.10 7.57 9.98
Core ROAE 9.43 9.43 8.73 11.10
Net Interest Margin 3.72 3.72 3.58 3.64
Reported: Net Interest Margin 3.72 3.72 3.58 3.64
Efficiency Ratio 72.87 72.87 69.80 64.12
Noninterest Inc/ Operating Rev 21.25 21.25 21.97 22.11
Balance Sheet Ratios (%)
Loans/ Deposits 111.16 111.16 107.69 94.27
Securities/ Assets NA NA 9.46 10.50
Total Equity/ Total Assets 9.19 9.19 9.44 9.08
Tangible Equity/ Tangible Assets 8.63 8.63 8.89 8.52
Tang Common Equity/ Tang Assets 8.63 8.63 8.89 8.52
Asset Quality (%)
NPAs/ Assets 1.43 1.43 1.55 1.54
NPA Excl Restructured/ Assets 1.42 1.42 1.53 1.50
NPAs & 90+ PD/ Assets NA NA 1.55 1.54
NPAs/ Loans & REO 1.72 1.72 1.85 1.88
Nonaccrual & 90+ & OREO/ Assets NA NA 1.53 1.50
NPAs & 90+ PD/ Loans & REO NA NA 1.85 1.88
NPA & Loans 90+/ Tangible Common Equity + LLR NA NA 15.68 15.95
NCOs/ Avg Loans 0.24 0.24 0.57 0.22
Loan Loss Reserves/ Gross Loans 1.26 1.26 1.25 1.44
Reserves/ NPAs 72.87 72.87 67.52 76.37
Loan Loss Provision/ NCO 143.39 143.39 74.17 242.64
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA NA 159,157 150,960
Tier 1 Capital($000) NA NA 169,176 160,964
Tier 2 Capital($000) NA NA 45,325 43,153
Total Capital($000) NA NA 214,501 204,117
Total Risk-weighted Assets($000) NA NA 1,790,238 1,738,759
Tier 1 Common Capital (CET1) Ratio(%) 8.89 8.89 8.89 8.68
Tier 1 Ratio(%) 9.41 9.41 9.45 9.26
Total Capital Ratio(%) 11.85 11.85 11.98 11.74
Liquidity Coverage Ratio(%) NA NA NA NA
Leverage Ratio(%) 9.33 9.33 9.54 9.07
Basel III Leverage Ratio(%) NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 8,785,480 8,785,480 8,763,539 8,715,856
Avg Diluted Shares(actual) 8,640,198 8,640,198 8,612,770 8,573,722
Basic Book Value per Share 20.57 20.57 19.32 18.55
Book Value per Share, As Reported 20.57 20.57 19.32 18.55
Basic Tangible Book Value per Share 19.20 19.20 18.08 17.30
Tangible Book Value per Share, As Reported 19.20 19.20 17.87 17.08
Common Dividends Declared per Share 0.56 0.56 0.52 0.48
EPS after Extra 1.86 1.86 1.36 1.71
EPS after Extra Growth(%) 36.80 36.80 (20.50) (10)
Core EPS 1.86 1.86 1.66 2.02
Core EPS Growth(%) 12.10 12.10 (17.80) 5.70
Diluted EPS before Amortization 1.87 1.87 1.37 1.72
Pre-Provision Earnings per Share 2.09 2.09 1.74 2.17
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