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 981,003 985,784 929,454 911,382 878,376
Total Net Loans 497,280 494,116 440,278 425,978 434,388
Total Deposits 821,801 823,648 765,558 741,521 714,727
Equity Attributable to Parent Company 96,847 91,901 87,622 84,951 80,570
Total Equity 96,847 91,901 87,622 84,951 80,570
Profitability (%)
Net Income($000) 2,183 10,426 4,369 8,961 10,506
Net Income Attributable to Parent($000) 2,183 10,426 4,369 8,961 10,506
ROAA 0.89 1.09 0.47 1 1.21
Core ROAA 0.91 1.12 0.42 0.99 1.23
ROAE 9.39 12.09 4.98 10.34 13.81
ROATCE 11.89 15.63 6.59 13.52 18.96
Core ROAE 9.57 12.40 4.43 10.17 14.08
Net Interest Margin 3.37 3.37 3.40 3.45 3.51
Reported: Net Interest Margin 3.41 3.37 3.40 3.45 3.51
Efficiency Ratio 71.39 67.50 86.11 67.67 64.55
Noninterest Inc/ Operating Rev 31.15 35.97 36.13 35.44 39.46
Balance Sheet Ratios (%)
Loans/ Deposits 60.43 60.12 57.37 57.42 59.58
Securities/ Assets 39.10 39.15 41.40 41.89 39.72
Total Equity/ Total Assets 9.87 9.32 9.43 9.32 9.17
Tangible Equity/ Tangible Assets 8.18 7.62 7.60 7.42 7.16
Tang Common Equity/ Tang Assets 8.18 7.62 7.60 7.42 7.16
Asset Quality (%)
NPAs/ Assets 1.02 0.89 1.10 0.88 0.89
NPA Excl Restructured/ Assets 0.69 0.53 0.70 0.44 0.36
NPAs & 90+ PD/ Assets 1.02 0.89 1.10 0.88 0.89
NPAs/ Loans & REO 1.99 1.75 2.29 1.85 1.78
Nonaccrual & 90+ & OREO/ Assets 0.69 0.53 0.70 0.44 0.36
NPAs & 90+ PD/ Loans & REO 1.99 1.75 2.29 1.85 1.78
NPA & Loans 90+/ Tangible Common Equity + LLR 11.85 10.97 13.65 11.18 11.61
NCOs/ Avg Loans 0.02 0.24 0.08 0.25 (0.30)
Loan Loss Reserves/ Gross Loans 1.18 1.15 1.22 1.24 1.34
Reserves/ NPAs 59.15 66.07 53.54 66.73 75.56
Loan Loss Provision/ NCO NM 127.97 134.33 46.38 NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 79,607 78,150 68,269 68,263 60,375
Tier 1 Capital($000) 100,607 99,150 88,605 88,819 80,401
Tier 2 Capital($000) 6,078 5,905 5,603 5,777 6,813
Total Capital($000) 106,685 105,055 94,208 94,596 87,214
Total Risk-weighted Assets($000) 603,736 595,793 532,007 512,480 546,322
Tier 1 Common Capital (CET1) Ratio(%) 13.19 13.12 12.83 13.32 11.05
Tier 1 Ratio(%) 16.66 16.64 16.65 17.33 14.72
Total Capital Ratio(%) 17.67 17.63 17.71 18.46 15.96
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 10.46 10.34 9.80 10.04 9.43
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 4,372,116 4,372,116 4,285,742 4,264,555 4,087,615
Avg Diluted Shares(actual) 4,386,293 4,365,822 4,342,728 4,268,945 4,181,393
Basic Book Value per Share 22.15 21.02 20.45 19.92 19.71
Book Value per Share, As Reported 22.15 21.02 20.45 19.91 19.71
Basic Tangible Book Value per Share 18.02 16.87 16.16 15.54 15.06
Common Dividends Declared per Share 0.20 0.76 0.73 0.69 0.63
EPS after Extra 0.50 2.39 1.01 2.10 2.51
EPS after Extra Growth(%) 4.20 136.70 (51.80) (16.60) 28.40
Core EPS 0.51 2.45 0.90 2.06 2.56
Core EPS Growth(%) 5 173.40 (56.50) (19.60) 26.40
Diluted EPS before Amortization 0.51 2.45 1.08 2.17 2.62
Pre-Provision Earnings per Share 0.49 2.35 0.51 1.70 2.12
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