Financial Highlights

Financial Highlights
2019 FQ1 YTD
3/31/2019
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 1,038,506 1,005,672 866,470 764,843 652,935
Total Net Loans 877,452 836,131 723,465 619,984 512,497
Total Deposits 871,175 874,254 760,373 650,047 542,184
Equity Attributable to Parent Company 123,657 121,079 84,743 76,570 77,938
Total Equity 123,657 121,079 84,743 76,570 77,938
Profitability (%)
Net Income($000) 1,868 8,713 5,627 5,193 2,268
Net Income Attributable to Parent($000) 1,868 8,713 5,627 5,193 2,268
ROAA 0.75 0.94 0.69 0.74 0.47
Core ROAA 0.75 0.97 0.93 0.82 0.62
ROAE 6.11 8.71 6.92 6.83 3.63
ROATCE NA NA 7.71 7.93 4.26
Core ROAE 6.11 9.04 9.33 7.62 4.79
Net Interest Margin 4.20 4.09 4.15 4.18 3.84
Reported: Net Interest Margin 4.26 4.09 4.15 4.18 3.84
Efficiency Ratio 71.17 65.54 59.55 64.42 73.28
Noninterest Inc/ Operating Rev 8.07 9.17 8.93 10.13 11.99
Balance Sheet Ratios (%)
Loans/ Deposits 102.01 96.87 96.37 96.53 95.61
Securities/ Assets 4.39 4.67 1.87 2.41 5.27
Total Equity/ Total Assets 11.91 12.04 9.78 10.01 11.94
Tangible Equity/ Tangible Assets 11.25 11.36 8.96 9.08 10.86
Tang Common Equity/ Tang Assets 11.25 11.36 8.96 9.08 9.16
Asset Quality (%)
NPAs/ Assets 0.56 0.54 0.25 0.28 0.45
NPA Excl Restructured/ Assets 0.40 0.44 0.06 0.10 0.28
NPAs & 90+ PD/ Assets 0.56 0.54 0.25 0.28 0.49
NPAs/ Loans & REO 0.65 0.64 0.30 0.34 0.57
Nonaccrual & 90+ & OREO/ Assets 0.40 0.44 0.06 0.10 0.32
NPAs & 90+ PD/ Loans & REO 0.65 0.64 0.30 0.34 0.62
NPA & Loans 90+/ Tangible Common Equity + LLR 4.54 4.34 2.55 2.83 4.97
NCOs/ Avg Loans 0.06 (0.01) 0.09 (0.04) (0.01)
Loan Loss Reserves/ Gross Loans 1.27 1.28 1.27 1.20 1.13
Reserves/ NPAs 194.94 200.26 423.30 348.54 198.55
Loan Loss Provision/ NCO 430.37 NM 387.22 NM NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA NA NA 67,410 57,961
Tier 1 Capital($000) NA NA NA 67,410 68,909
Tier 2 Capital($000) NA NA NA 12,571 6,010
Total Capital($000) NA NA NA 79,981 74,919
Total Risk-weighted Assets($000) NA NA NA 752,625 633,145
Tier 1 Common Capital (CET1) Ratio(%) NA NA NA 8.96 9.15
Tier 1 Ratio(%) NA NA NA 8.96 10.88
Total Capital Ratio(%) NA NA NA 10.63 11.83
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) NA NA NA 8.78 13.25
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 8,045,399 7,993,908 6,416,295 6,165,340 5,814,729
Avg Diluted Shares(actual) 8,102,543 7,317,611 6,642,508 6,294,885 4,858,728
Basic Book Value per Share 15.37 15.15 13.21 12.42 11.52
Book Value per Share, As Reported NA NA NA NA 11.52
Basic Tangible Book Value per Share 14.41 14.18 11.99 11.15 10.16
Tangible Book Value per Share, As Reported 14.43 14.20 12.10 11.16 10.19
Common Dividends Declared per Share 0 0 0 0 0
EPS after Extra 0.23 1.19 0.85 0.80 0.45
EPS after Extra Growth(%) (17.90) 40 6.20 78.70 (46)
Core EPS 0.23 1.23 1.15 0.90 0.60
Core EPS Growth(%) (27.30) 7.80 27.90 49.60 (27.40)
Diluted EPS before Amortization NA NA 0.86 0.81 0.45
Pre-Provision Earnings per Share 0.30 1.47 1.37 1.08 0.69
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