Financial Highlights

Financial Highlights
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
2015 FY
12/31/2015
2014 FY
12/31/2014
Balance Sheet ($000)
Total Assets 1,005,672 866,470 764,843 652,935 445,613
Total Net Loans 836,131 723,465 619,984 512,497 333,252
Total Deposits 874,254 760,373 650,047 542,184 355,026
Equity Attributable to Parent Company 121,079 84,743 76,570 77,938 58,578
Total Equity 121,079 84,743 76,570 77,938 58,578
Profitability (%)
Net Income($000) 8,713 5,627 5,193 2,268 3,353
Net Income Attributable to Parent($000) 8,713 5,627 5,193 2,268 3,353
ROAA 0.94 0.69 0.74 0.47 0.84
Core ROAA 0.97 0.93 0.82 0.62 0.84
ROAE 8.71 6.92 6.83 3.63 6.82
ROATCE NA 7.71 7.93 4.26 8.49
Core ROAE 9.04 9.33 7.62 4.79 6.79
Net Interest Margin 4.09 4.15 4.18 3.84 3.97
Reported: Net Interest Margin 4.09 4.15 4.18 3.84 3.97
Efficiency Ratio 65.54 59.55 64.42 73.28 69.65
Noninterest Inc/ Operating Rev 9.17 8.93 10.13 11.99 11.85
Balance Sheet Ratios (%)
Loans/ Deposits 96.87 96.37 96.53 95.61 95.43
Securities/ Assets 4.67 1.87 2.41 5.27 7.43
Total Equity/ Total Assets 12.04 9.78 10.01 11.94 13.15
Tangible Equity/ Tangible Assets 11.36 8.96 9.08 10.86 13.15
Tang Common Equity/ Tang Assets 11.36 8.96 9.08 9.16 10.69
Asset Quality (%)
NPAs/ Assets 0.54 0.25 0.28 0.45 1.10
NPA Excl Restructured/ Assets 0.44 0.06 0.10 0.28 0.87
NPAs & 90+ PD/ Assets 0.54 0.25 0.28 0.49 1.10
NPAs/ Loans & REO 0.64 0.30 0.34 0.57 1.44
Nonaccrual & 90+ & OREO/ Assets 0.44 0.06 0.10 0.32 0.87
NPAs & 90+ PD/ Loans & REO 0.64 0.30 0.34 0.62 1.44
NPA & Loans 90+/ Tangible Common Equity + LLR 4.34 2.55 2.83 4.97 9.21
NCOs/ Avg Loans (0.01) 0.09 (0.04) (0.01) (0.13)
Loan Loss Reserves/ Gross Loans 1.28 1.27 1.20 1.13 1.64
Reserves/ NPAs 200.26 423.30 348.54 198.55 113.45
Loan Loss Provision/ NCO NM 387.22 NM NM NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA NA 67,410 57,961 47,538
Tier 1 Capital($000) NA NA 67,410 68,909 58,487
Tier 2 Capital($000) NA NA 12,571 6,010 NA
Total Capital($000) NA NA 79,981 74,919 63,678
Total Risk-weighted Assets($000) NA NA 752,625 633,145 414,853
Tier 1 Common Capital (CET1) Ratio(%) NA NA 8.96 9.15 11.46
Tier 1 Ratio(%) NA NA 8.96 10.88 14.10
Total Capital Ratio(%) NA NA 10.63 11.83 15.35
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) NA NA 8.78 13.25 13
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 7,993,908 6,416,295 6,165,340 5,814,729 4,544,912
Avg Diluted Shares(actual) 7,317,611 6,642,508 6,294,885 4,858,728 3,909,737
Basic Book Value per Share 15.15 13.21 12.42 11.52 10.48
Book Value per Share, As Reported NA NA NA 11.52 10.48
Basic Tangible Book Value per Share 14.18 11.99 11.15 10.16 10.48
Tangible Book Value per Share, As Reported 14.20 12.10 11.16 10.19 10.48
Common Dividends Declared per Share 0 0 0 0 0
EPS after Extra 1.19 0.85 0.80 0.45 0.83
EPS after Extra Growth(%) 40 6.20 78.70 (46) 2.40
Core EPS 1.23 1.15 0.90 0.60 0.82
Core EPS Growth(%) 7.80 27.90 49.60 (27.40) 2.40
Diluted EPS before Amortization NA 0.86 0.81 0.45 0.83
Pre-Provision Earnings per Share 1.47 1.37 1.08 0.69 0.84
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.
Copyright 2019, © S&P Global Market Intelligence  Terms of Use