Financial Highlights Report

Financial Highlights
2020 FQ1 YTD
3/31/2020
2019 FY
12/31/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
Balance Sheet ($000)
Total Assets 715,281 685,706 593,213 459,332 438,018
Total Net Loans 445,629 439,317 407,640 366,467 354,380
Total Deposits 555,518 548,069 525,443 385,966 338,803
Equity Attributable to Parent Company 62,948 59,922 50,643 43,895 42,641
Total Equity 62,948 59,922 50,643 43,895 42,641
Profitability (%)
Net Income($000) 1,579 6,810 4,282 3,546 3,580
Net Income Attributable to Parent($000) 1,579 6,810 4,282 3,546 3,580
ROAA 0.91 1.07 0.84 0.79 0.85
Core ROAA 0.90 1.09 1.03 0.84 0.85
ROAE 10.03 12.52 9.13 7.98 8.40
ROATCE 10.03 12.64 8.74 7.72 8.32
Core ROAE 9.87 12.74 11.19 8.46 8.39
Net Interest Margin 3.76 3.67 3.84 3.85 3.83
Reported: Net Interest Margin 3.76 3.67 3.84 3.85 3.83
Efficiency Ratio 66.17 63.32 68.72 70.48 69.96
Noninterest Inc/ Operating Rev 14.75 15.68 16.40 17.85 18.94
Balance Sheet Ratios (%)
Loans/ Deposits 80.71 80.56 77.97 95.50 105.29
Securities/ Assets 28.22 28.12 21.62 10.69 10.03
Total Equity/ Total Assets 8.80 8.74 8.54 9.56 9.73
Tangible Equity/ Tangible Assets 8.61 8.53 8.28 9.56 9.73
Tang Common Equity/ Tang Assets 8.61 8.53 8.28 9.56 9.73
Asset Quality (%)
NPAs/ Assets NA NA 0.23 0.42 NA
NPA Excl Restructured/ Assets 0.37 0.33 0.23 0.39 0.39
NPAs & 90+ PD/ Assets NA NA 0.26 0.42 NA
NPAs/ Loans & REO NA NA 0.34 0.52 NA
Nonaccrual & 90+ & OREO/ Assets 0.37 0.36 0.25 0.39 0.44
NPAs & 90+ PD/ Loans & REO NA NA 0.38 0.52 NA
NPA & Loans 90+/ Tangible Common Equity + LLR NA NA 3.02 4.18 NA
NCOs/ Avg Loans 0.08 0.17 0.10 0.09 0.12
Loan Loss Reserves/ Gross Loans 0.60 0.51 0.50 0.58 0.66
Reserves/ NPAs NA NA 147.40 110.29 NA
Loan Loss Provision/ NCO NM 126.11 78.99 31.35 75.82
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA 57,422 47,418 43,468 42,088
Tier 1 Capital($000) NA 61,422 51,418 47,468 46,088
Tier 2 Capital($000) NA 22,231 2,043 2,122 2,341
Total Capital($000) NA 83,653 53,461 49,590 48,429
Total Risk-weighted Assets($000) NA 499,322 447,340 377,983 356,678
Tier 1 Common Capital (CET1) Ratio(%) 11.48 11.50 10.60 11.50 11.80
Tier 1 Ratio(%) 12.27 12.30 11.50 12.60 12.90
Total Capital Ratio(%) 16.81 16.70 12 13.20 13.60
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 8.93 9.50 8.80 10.60 11
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 5,889,758 5,916,951 5,921,107 5,429,560 5,419,560
Avg Diluted Shares(actual) 5,463,739 5,525,965 4,952,471 4,981,942 5,016,320
Basic Book Value per Share 10.69 10.13 8.55 8.08 7.87
Book Value per Share, As Reported 10.75 10.24 9.71 9.02 8.63
Basic Tangible Book Value per Share 10.43 9.87 8.27 8.08 7.87
Common Dividends Declared per Share 0.14 0.55 0.57 0.51 0.47
Diluted EPS before Amortization 0.29 1.22 0.82 0.71 0.71
Pre-Provision Earnings per Share 0.31 1.15 1.01 0.74 0.70
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.