Financial Highlights
2019 FQ4 YTD
12/31/2019
2019 FY
12/31/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
Balance Sheet ($000)
Total Assets 2,096,779 2,096,779 1,966,457 1,794,066
Total Net Loans 1,700,320 1,700,320 1,602,517 1,485,026
Total Deposits 1,530,379 1,530,379 1,455,299 1,394,331
Equity Attributable to Parent Company 194,156 194,156 180,707 169,278
Total Equity 194,156 194,156 180,707 169,278
Profitability (%)
Net Income($000) 23,324 23,324 16,303 11,905
Net Income Attributable to Parent($000) 23,324 23,324 16,303 11,905
ROAA 1.14 1.14 0.86 0.67
Core ROAA 1.14 1.14 0.86 0.82
ROAE 12.55 12.55 9.41 7.16
ROATCE 13.44 13.44 9.95 7.57
Core ROAE 12.59 12.59 9.43 8.73
Net Interest Margin 3.61 3.61 3.72 3.58
Reported: Net Interest Margin 3.61 3.61 3.72 3.58
Efficiency Ratio 71.18 71.18 72.44 69.80
Noninterest Inc/ Operating Rev 25.15 25.15 21.25 21.97
Balance Sheet Ratios (%)
Loans/ Deposits 112.04 112.04 111.16 107.69
Securities/ Assets NA NA 9.34 9.46
Total Equity/ Total Assets 9.26 9.26 9.19 9.44
Tangible Equity/ Tangible Assets 8.74 8.74 8.63 8.89
Tang Common Equity/ Tang Assets 8.74 8.74 8.63 8.89
Asset Quality (%)
NPAs/ Assets 1.13 1.13 1.43 1.55
NPA Excl Restructured/ Assets 1.12 1.12 1.42 1.53
NPAs & 90+ PD/ Assets NA NA 1.43 1.55
NPAs/ Loans & REO 1.37 1.37 1.72 1.85
Nonaccrual & 90+ & OREO/ Assets NA NA 1.42 1.53
NPAs & 90+ PD/ Loans & REO NA NA 1.72 1.85
NPA & Loans 90+/ Tangible Common Equity + LLR NA NA 14.82 15.68
NCOs/ Avg Loans 0.18 0.18 0.24 0.57
Loan Loss Reserves/ Gross Loans 1.13 1.13 1.26 1.25
Reserves/ NPAs 82.46 82.46 72.87 67.52
Loan Loss Provision/ NCO 69.73 69.73 143.39 74.17
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA NA 171,142 159,157
Tier 1 Capital($000) NA NA 181,175 169,176
Tier 2 Capital($000) NA NA 47,150 45,325
Total Capital($000) NA NA 228,325 214,501
Total Risk-weighted Assets($000) NA NA 1,925,107 1,790,238
Tier 1 Common Capital (CET1) Ratio(%) 9.27 9.27 8.89 8.89
Tier 1 Ratio(%) 9.77 9.77 9.41 9.45
Total Capital Ratio(%) 12.01 12.01 11.85 11.98
Liquidity Coverage Ratio(%) NA NA NA NA
Leverage Ratio(%) 9.27 9.27 9.33 9.54
Basel III Leverage Ratio(%) NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 8,566,044 8,566,044 8,785,480 8,763,539
Avg Diluted Shares(actual) 8,515,375 8,515,375 8,640,198 8,612,770
Basic Book Value per Share 22.67 22.67 20.57 19.32
Book Value per Share, As Reported 22.67 22.67 20.57 19.32
Basic Tangible Book Value per Share 21.27 21.27 19.20 18.08
Tangible Book Value per Share, As Reported 21.27 21.27 19.20 17.87
Common Dividends Declared per Share 0.60 0.60 0.56 0.52
EPS after Extra 2.68 2.68 1.86 1.36
EPS after Extra Growth(%) 44.10 44.10 36.80 (20.50)
Core EPS 2.69 2.69 1.86 1.66
Core EPS Growth(%) 44.10 44.10 12.10 (17.80)
Diluted EPS before Amortization 2.68 2.68 1.87 1.37
Pre-Provision Earnings per Share 2.42 2.42 2.09 1.74
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