Financial Highlights
2020 FQ1 YTD
3/31/2020
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 989,074 998,465 985,784 929,454 911,382
Total Net Loans 563,489 540,677 494,116 440,278 425,978
Total Deposits 830,480 835,048 823,648 765,558 741,521
Equity Attributable to Parent Company 111,134 108,607 91,901 87,622 84,951
Total Equity 111,134 108,607 91,901 87,622 84,951
Profitability (%)
Net Income($000) 3,363 10,662 10,426 4,369 8,961
Net Income Attributable to Parent($000) 3,363 10,662 10,426 4,369 8,961
ROAA 1.34 1.07 1.09 0.47 1
Core ROAA 0.80 1.10 1.12 0.42 0.99
ROAE 12.14 10.58 12.09 4.98 10.34
ROATCE 14.64 13.09 15.63 6.59 13.52
Core ROAE 7.23 10.89 12.40 4.43 10.17
Net Interest Margin 3.65 3.48 3.37 3.40 3.45
Reported: Net Interest Margin 3.67 3.48 3.37 3.40 3.45
Efficiency Ratio 67.48 68.29 67.50 86.11 67.67
Noninterest Inc/ Operating Rev 30.67 34.43 35.97 36.13 35.44
Balance Sheet Ratios (%)
Loans/ Deposits 67.58 64.50 60.12 57.37 57.42
Securities/ Assets 32.01 36.54 39.15 41.40 41.89
Total Equity/ Total Assets 11.24 10.88 9.32 9.43 9.32
Tangible Equity/ Tangible Assets 9.60 9.25 7.62 7.60 7.42
Tang Common Equity/ Tang Assets 9.60 9.25 7.62 7.60 7.42
Asset Quality (%)
NPAs/ Assets 1.13 0.90 0.89 1.10 0.88
NPA Excl Restructured/ Assets 0.82 0.58 0.53 0.70 0.44
NPAs & 90+ PD/ Assets 1.13 0.90 0.89 1.10 0.88
NPAs/ Loans & REO 1.95 1.64 1.75 2.29 1.85
Nonaccrual & 90+ & OREO/ Assets 0.82 0.58 0.53 0.70 0.44
NPAs & 90+ PD/ Loans & REO 1.95 1.64 1.75 2.29 1.85
NPA & Loans 90+/ Tangible Common Equity + LLR 11.09 9.23 10.97 13.65 11.18
NCOs/ Avg Loans 0.14 0.13 0.24 0.08 0.25
Loan Loss Reserves/ Gross Loans 1.31 1.18 1.15 1.22 1.24
Reserves/ NPAs 66.97 72.10 66.07 53.54 66.73
Loan Loss Provision/ NCO 638.30 200.57 127.97 134.33 46.38
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 86,546 85,938 78,150 68,269 68,263
Tier 1 Capital($000) 107,546 106,938 99,150 88,605 88,819
Tier 2 Capital($000) 7,619 6,607 5,905 5,603 5,777
Total Capital($000) 115,165 113,545 105,055 94,208 94,596
Total Risk-weighted Assets($000) 669,075 656,461 595,793 532,007 512,480
Tier 1 Common Capital (CET1) Ratio(%) 12.94 13.09 13.12 12.83 13.32
Tier 1 Ratio(%) 16.07 16.29 16.64 16.65 17.33
Total Capital Ratio(%) 17.21 17.30 17.63 17.71 18.46
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 11.20 10.94 10.34 9.80 10.04
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 4,509,395 4,597,396 4,590,721 4,500,029 4,477,783
Avg Diluted Shares(actual) 4,597,803 4,606,496 4,584,113 4,559,864 4,482,392
Basic Book Value per Share 24.64 23.62 20.02 19.47 18.97
Book Value per Share, As Reported 24.64 23.62 20.02 19.48 18.96
Basic Tangible Book Value per Share 20.68 19.73 16.07 15.39 14.80
Common Dividends Declared per Share 0.20 0.76 0.73 0.69 0.66
EPS after Extra 0.73 2.31 2.27 0.96 2
EPS after Extra Growth(%) 55.30 1.80 136.10 (51.90) (16.50)
Core EPS 0.43 2.38 2.33 0.85 1.97
Core EPS Growth(%) (9.30) 2.10 172.60 (56.60) (19.40)
Diluted EPS before Amortization 0.74 2.36 2.32 1.03 2.07
Pre-Provision Earnings per Share 0.61 2.34 2.23 0.49 1.63
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