Financial Highlights

Financial Highlights
2016 FY
12/31/2016
2017 FY
12/31/2017
2018 FY
12/31/2018
2019 FY
12/31/2019
2020 FQ2 YTD
6/30/2020
Balance Sheet ($000)
Total Assets 710,572 833,315 877,291 913,870 1,060,847
Total Net Loans 623,355 726,189 759,552 766,846 846,021
Total Deposits 612,236 699,684 716,006 750,934 750,158
Equity Attributable to Parent Company 65,336 70,070 76,151 81,978 84,093
Total Equity 65,336 70,070 76,151 81,978 84,093
Profitability (%)
Net Income($000) 5,229 4,915 7,409 7,963 2,758
Net Income Attributable to Parent($000) 5,229 4,915 7,409 7,963 2,758
ROAA 0.81 0.64 0.88 0.91 0.59
Core ROAA 0.81 0.81 0.88 0.91 0.59
ROAE 8.19 7.16 10.02 10.15 6.62
ROATCE 8.19 7.16 10.03 10.18 NA
Core ROAE 8.19 9.05 10.02 10.15 6.62
Net Interest Margin 4.60 4.34 4.07 4.06 3.82
Reported: Net Interest Margin 4.60 4.34 4.07 4.06 3.84
Efficiency Ratio 71.89 69.72 71.62 70.39 72.91
Noninterest Inc/ Operating Rev 7.19 7.78 7.25 9.50 8.44
Balance Sheet Ratios (%)
Loans/ Deposits 93 97.12 100.54 97.68 109.44
Securities/ Assets 4.94 4.81 4.15 3.24 NA
Total Equity/ Total Assets 9.19 8.41 8.68 8.97 7.93
Tangible Equity/ Tangible Assets 9.19 8.41 8.67 8.89 NA
Tang Common Equity/ Tang Assets 9.19 8.41 8.67 8.89 NA
Asset Quality (%)
NPAs/ Assets 1.15 1.22 0.93 0.76 NA
NPA Excl Restructured/ Assets 0.35 0.58 0.39 0.54 0.50
NPAs & 90+ PD/ Assets 1.15 1.22 0.93 0.76 NA
NPAs/ Loans & REO 1.30 1.38 1.07 0.89 NA
Nonaccrual & 90+ & OREO/ Assets 0.35 0.58 0.39 0.54 NA
NPAs & 90+ PD/ Loans & REO 1.30 1.38 1.07 0.89 NA
NPA & Loans 90+/ Tangible Common Equity + LLR 11.26 12.95 9.67 7.70 NA
NCOs/ Avg Loans (0.10) (0.08) (0.03) (0.02) (0.03)
Loan Loss Reserves/ Gross Loans 1.18 1.15 1.13 1.12 1.17
Reserves/ NPAs 91.07 82.84 106.01 125.95 NA
Loan Loss Provision/ NCO NM NM NM NM NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA NA NA NA NA
Tier 1 Capital($000) NA NA NA NA NA
Tier 2 Capital($000) NA NA NA NA NA
Total Capital($000) NA NA NA NA NA
Total Risk-weighted Assets($000) NA NA NA NA NA
Tier 1 Common Capital (CET1) Ratio(%) 10.57 9.96 10.10 10.60 NA
Tier 1 Ratio(%) 10.57 9.96 10.10 10.60 10.38
Total Capital Ratio(%) 11.80 11.17 11.26 11.73 11.63
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 9.64 8.72 8.96 9.33 8.94
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 8,096,039 8,193,339 8,533,346 8,472,463 8,472,000
Avg Diluted Shares(actual) 8,444,000 8,589,000 8,451,000 8,579,000 8,618,750
Basic Book Value per Share 8.07 8.55 8.92 9.68 9.93
Book Value per Share, As Reported 8.07 8.55 8.92 9.68 9.93
Basic Tangible Book Value per Share 8.07 8.55 8.91 9.58 NA
Tangible Book Value per Share, As Reported 8.07 8.55 NA NA NA
Common Dividends Declared per Share 0.14 0.16 0.19 0.22 0.10
EPS after Extra 0.62 0.57 0.88 0.93 0.32
EPS after Extra Growth(%) 106.70 (8.10) 54.40 5.70 (11.10)
Core EPS 0.62 0.72 0.88 0.93 0.32
Core EPS Growth(%) (25) 16.30 22.10 5.70 (11.10)
Diluted EPS before Amortization 0.62 0.57 0.88 0.93 NA
Pre-Provision Earnings per Share 0.68 0.82 0.96 1.03 0.47
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