Financial Highlights Report

Financial Highlights
2019 FQ3 YTD
9/30/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
2015 FY
12/31/2015
Balance Sheet ($000)
Total Assets 675,821 593,213 459,332 438,018 405,124
Total Net Loans 419,144 407,640 366,467 354,380 327,226
Total Deposits 549,996 525,443 385,966 338,803 323,622
Equity Attributable to Parent Company 60,055 50,643 43,895 42,641 41,496
Total Equity 60,055 50,643 43,895 42,641 41,496
Profitability (%)
Net Income($000) 5,041 4,282 3,546 3,580 3,224
Net Income Attributable to Parent($000) 5,041 4,282 3,546 3,580 3,224
ROAA 1.05 0.84 0.79 0.85 0.79
Core ROAA 1.07 1.03 0.84 0.85 0.79
ROAE 11.19 9.13 7.98 8.40 8.41
ROATCE 11.31 8.74 7.72 8.32 8.35
Core ROAE 11.39 11.19 8.46 8.39 8.42
Net Interest Margin 3.67 3.84 3.85 3.83 3.64
Reported: Net Interest Margin 3.67 3.84 3.85 3.83 3.64
Efficiency Ratio 67.38 68.72 70.48 69.96 70.01
Noninterest Inc/ Operating Rev 15.75 16.40 17.85 18.94 21.33
Balance Sheet Ratios (%)
Loans/ Deposits 76.59 77.97 95.50 105.29 101.87
Securities/ Assets 30.32 21.62 10.69 10.03 9.59
Total Equity/ Total Assets 8.89 8.54 9.56 9.73 10.24
Tangible Equity/ Tangible Assets 8.67 8.28 9.56 9.73 10.24
Tang Common Equity/ Tang Assets 8.67 8.28 9.56 9.73 10.24
Asset Quality (%)
NPAs/ Assets NA 0.23 0.42 NA NA
NPA Excl Restructured/ Assets 0.39 0.23 0.39 0.39 0.35
NPAs & 90+ PD/ Assets NA 0.26 0.42 NA NA
NPAs/ Loans & REO NA 0.34 0.52 NA NA
Nonaccrual & 90+ & OREO/ Assets 0.39 0.25 0.39 0.44 0.38
NPAs & 90+ PD/ Loans & REO NA 0.38 0.52 NA NA
NPA & Loans 90+/ Tangible Common Equity + LLR NA 3.02 4.18 NA NA
NCOs/ Avg Loans 0.08 0.10 0.09 0.12 0.16
Loan Loss Reserves/ Gross Loans 0.50 0.50 0.58 0.66 0.74
Reserves/ NPAs NA 147.40 110.29 NA NA
Loan Loss Provision/ NCO 130.95 78.99 31.35 75.82 107.17
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 50,436 47,418 43,468 42,088 40,417
Tier 1 Capital($000) 54,436 51,418 47,468 46,088 44,417
Tier 2 Capital($000) 22,121 2,043 2,122 2,341 2,437
Total Capital($000) 76,557 53,461 49,590 48,429 46,854
Total Risk-weighted Assets($000) 450,321 447,340 377,983 356,678 320,770
Tier 1 Common Capital (CET1) Ratio(%) 11.20 10.60 11.50 11.80 12.60
Tier 1 Ratio(%) 12.10 11.50 12.60 12.90 13.90
Total Capital Ratio(%) 17 12 13.20 13.60 14.70
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 8.50 8.80 10.60 11 10.90
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 5,916,942 5,921,107 5,429,560 5,419,560 5,379,560
Avg Diluted Shares(actual) 5,518,500 4,952,471 4,981,942 5,016,320 4,933,156
Basic Book Value per Share 10.15 8.55 8.08 7.87 7.71
Book Value per Share, As Reported 10.24 9.71 9.02 8.63 8.56
Basic Tangible Book Value per Share 9.88 8.27 8.08 7.87 7.71
Common Dividends Declared per Share 0.41 0.57 0.51 0.47 0.42
Diluted EPS before Amortization 0.90 0.82 0.71 0.71 0.65
Pre-Provision Earnings per Share 0.81 1.01 0.74 0.70 0.65
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.