Financial Highlights
2020 FQ2 YTD
6/30/2020
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 1,118,937 998,465 985,784 929,454 911,382
Total Net Loans 710,099 540,677 494,116 440,278 425,978
Total Deposits 944,204 835,048 823,648 765,558 741,521
Equity Attributable to Parent Company 117,280 108,607 91,901 87,622 84,951
Total Equity 117,280 108,607 91,901 87,622 84,951
Profitability (%)
Net Income($000) 8,463 10,662 10,426 4,369 8,961
Net Income Attributable to Parent($000) 8,463 10,662 10,426 4,369 8,961
ROAA 1.64 1.07 1.09 0.47 1
Core ROAA 1.37 1.10 1.12 0.42 0.99
ROAE 15.05 10.58 12.09 4.98 10.34
ROATCE NA 13.09 15.63 6.59 13.52
Core ROAE 12.56 10.89 12.40 4.43 10.17
Net Interest Margin 3.58 3.48 3.37 3.40 3.45
Reported: Net Interest Margin 3.69 3.48 3.37 3.40 3.45
Efficiency Ratio 62.09 68.29 67.50 86.11 67.67
Noninterest Inc/ Operating Rev 38.14 34.43 35.97 36.13 35.44
Balance Sheet Ratios (%)
Loans/ Deposits 73.86 64.50 60.12 57.37 57.42
Securities/ Assets NA 36.54 39.15 41.40 41.89
Total Equity/ Total Assets 10.48 10.88 9.32 9.43 9.32
Tangible Equity/ Tangible Assets NA 9.25 7.62 7.60 7.42
Tang Common Equity/ Tang Assets NA 9.25 7.62 7.60 7.42
Asset Quality (%)
NPAs/ Assets NA 0.90 0.89 1.10 0.88
NPA Excl Restructured/ Assets 0.76 0.58 0.53 0.70 0.44
NPAs & 90+ PD/ Assets NA 0.90 0.89 1.10 0.88
NPAs/ Loans & REO NA 1.64 1.75 2.29 1.85
Nonaccrual & 90+ & OREO/ Assets 0.76 0.58 0.53 0.70 0.44
NPAs & 90+ PD/ Loans & REO NA 1.64 1.75 2.29 1.85
NPA & Loans 90+/ Tangible Common Equity + LLR NA 9.23 10.97 13.65 11.18
NCOs/ Avg Loans 0.10 0.13 0.24 0.08 0.25
Loan Loss Reserves/ Gross Loans 1.08 1.18 1.15 1.22 1.24
Reserves/ NPAs NA 72.10 66.07 53.54 66.73
Loan Loss Provision/ NCO 500 200.57 127.97 134.33 46.38
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA 85,938 78,150 68,269 68,263
Tier 1 Capital($000) NA 106,938 99,150 88,605 88,819
Tier 2 Capital($000) NA 6,607 5,905 5,603 5,777
Total Capital($000) NA 113,545 105,055 94,208 94,596
Total Risk-weighted Assets($000) NA 656,461 595,793 532,007 512,480
Tier 1 Common Capital (CET1) Ratio(%) NA 13.09 13.12 12.83 13.32
Tier 1 Ratio(%) NA 16.29 16.64 16.65 17.33
Total Capital Ratio(%) NA 17.30 17.63 17.71 18.46
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) NA 10.94 10.34 9.80 10.04
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 4,493,638 4,597,396 4,590,721 4,500,029 4,477,783
Avg Diluted Shares(actual) 4,556,058 4,606,496 4,584,113 4,559,864 4,482,392
Basic Book Value per Share 26.10 23.62 20.02 19.47 18.97
Book Value per Share, As Reported 26.10 23.62 20.02 19.48 18.96
Basic Tangible Book Value per Share NA 19.73 16.07 15.39 14.80
Common Dividends Declared per Share 0.40 0.76 0.73 0.69 0.66
EPS after Extra 1.86 2.31 2.27 0.96 2
EPS after Extra Growth(%) 79.20 1.80 136.10 (51.90) (16.50)
Core EPS 1.55 2.38 2.33 0.85 1.97
Core EPS Growth(%) 43.50 2.10 172.60 (56.60) (19.40)
Diluted EPS before Amortization NA 2.36 2.32 1.03 2.07
Pre-Provision Earnings per Share 1.81 2.34 2.23 0.49 1.63
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