Financial Highlights Report

Financial Highlights
2017 FY
12/31/2017
2016 FY
12/31/2016
2015 FY
12/31/2015
2014 FY
12/31/2014
2013 FY
12/31/2013
Balance Sheet ($000)
Total Assets 459,332 438,018 405,124 401,812 389,166
Total Net Loans 366,467 354,380 327,226 313,354 306,608
Total Deposits 385,966 338,803 323,622 322,681 310,641
Equity Attributable to Parent Company 43,895 42,641 41,496 40,390 38,871
Total Equity 43,895 42,641 41,496 40,390 38,871
Profitability (%)
Net Income($000) 3,546 3,580 3,224 2,651 2,612
Net Income Attributable to Parent($000) 3,546 3,580 3,224 2,651 2,612
ROAA 0.79 0.85 0.79 0.66 0.63
Core ROAA 0.79 0.85 0.79 0.67 0.50
ROAE 7.98 8.40 8.41 6.67 7.02
ROATCE 7.91 8.32 8.35 6.75 7.14
Core ROAE 7.98 8.39 8.42 6.76 5.56
Net Interest Margin 3.85 3.83 3.64 3.75 3.69
Reported: Net Interest Margin 3.85 3.83 3.64 3.75 3.70
Efficiency Ratio 70.48 69.96 70.01 73.15 78.08
Noninterest Inc/ Operating Rev 17.85 18.94 21.33 20.61 18.88
Balance Sheet Ratios (%)
Loans/ Deposits 95.50 105.29 101.87 97.85 99.63
Securities/ Assets 10.69 10.03 9.59 5.97 8.31
Total Equity/ Total Assets 9.56 9.73 10.24 10.05 9.99
Tangible Equity/ Tangible Assets 9.56 9.73 10.24 10.04 9.95
Tang Common Equity/ Tang Assets 9.56 9.73 10.24 10.04 9.95
Asset Quality (%)
NPAs/ Assets 0.42 NA NA 0.52 2.21
NPA Excl Restructured/ Assets 0.39 0.39 0.35 0.52 1.31
NPAs & 90+ PD/ Assets 0.42 NA NA 0.55 2.25
NPAs/ Loans & REO 0.52 NA NA 0.66 2.75
Nonaccrual & 90+ & OREO/ Assets 0.39 0.44 0.38 0.55 1.35
NPAs & 90+ PD/ Loans & REO 0.52 NA NA 0.70 2.81
NPA & Loans 90+/ Tangible Common Equity + LLR 4.18 NA NA 5.21 21.10
NCOs/ Avg Loans 0.09 0.12 0.16 0.44 0.35
Loan Loss Reserves/ Gross Loans 0.58 0.66 0.74 0.76 0.94
Reserves/ NPAs 110.29 NA NA 114.39 33.72
Loan Loss Provision/ NCO 31.35 75.82 107.17 64.25 117.63
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 43,468 42,088 40,417 NA NA
Tier 1 Capital($000) 47,468 46,088 44,417 44,259 42,868
Tier 2 Capital($000) 2,122 2,341 2,437 NA NA
Total Capital($000) 49,590 48,429 46,854 46,668 45,772
Total Risk-weighted Assets($000) 377,983 356,678 320,770 305,127 303,577
Tier 1 Common Capital (CET1) Ratio(%) 11.50 11.80 12.60 NA NA
Tier 1 Ratio(%) 12.60 12.90 13.90 14.50 14.10
Total Capital Ratio(%) 13.20 13.60 14.70 15.30 15.10
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 10.60 11 10.90 11 10.30
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 5,429,560 5,419,560 5,379,560 5,377,454 5,362,808
Avg Diluted Shares(actual) 4,985,799 5,016,320 4,933,156 4,924,245 4,871,179
Basic Book Value per Share 8.08 7.87 7.71 7.51 7.25
As-reported Book Value per Share 9.02 8.63 8.56 8.34 8.03
Basic Tangible Book Value per Share 8.08 7.87 7.71 7.50 7.21
Common Dividends Declared per Share 0.51 0.47 0.42 0.33 0.29
Diluted EPS before Amortization 0.71 0.71 0.65 0.55 0.55
Pre-Provision Earnings per Share 0.74 0.70 0.65 0.57 0.43
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.