Financial Highlights
2017 FQ3 YTD
9/30/2017
2016 FY
12/31/2016
2015 FY
12/31/2015
2014 FY
12/31/2014
2013 FY
12/31/2013
Balance Sheet ($000)
Total Assets 930,129 911,382 878,376 863,470 828,755
Total Net Loans 437,022 425,978 434,388 426,861 421,880
Total Deposits 733,010 741,521 714,727 704,555 687,486
Equity Attributable to Parent Company 87,003 84,951 80,570 71,645 62,692
Total Equity 87,003 84,951 80,570 71,645 62,692
Profitability (%)
Net Income($000) 1,927 8,961 10,506 8,049 4,655
Net Income Attributable to Parent($000) 1,927 8,961 10,506 8,049 4,655
ROAA 0.28 1 1.21 0.96 0.70
Core ROAA 0.27 0.99 1.23 1 0.91
ROAE 2.92 10.34 13.81 11.89 7.33
ROATCE 3.98 13.52 18.96 17.49 9.94
Core ROAE 2.78 10.17 14.08 12.31 9.61
Net Interest Margin 3.39 3.45 3.51 3.47 3.40
Reported: Net Interest Margin 3.40 3.45 3.51 3.47 3.40
Efficiency Ratio 92.20 67.67 64.55 66.70 67.45
Noninterest Inc/ Operating Rev 36.84 35.44 39.46 37.77 36
Balance Sheet Ratios (%)
Loans/ Deposits 59.18 57.42 59.58 59.83 61.03
Securities/ Assets 41.52 41.89 39.72 40.32 35.85
Total Equity/ Total Assets 9.35 9.32 9.17 8.30 7.56
Tangible Equity/ Tangible Assets 7.52 7.42 7.16 6.19 5.28
Tang Common Equity/ Tang Assets 7.52 7.42 7.16 6.19 5.28
Asset Quality (%)
NPAs/ Assets 1.07 0.88 0.89 1.27 2.07
NPA Excl Restructured/ Assets 0.66 0.44 0.36 0.73 1.24
NPAs & 90+ PD/ Assets 1.07 0.88 0.89 1.27 2.07
NPAs/ Loans & REO 2.24 1.85 1.78 2.53 4.01
Nonaccrual & 90+ & OREO/ Assets 0.66 0.44 0.36 0.73 1.24
NPAs & 90+ PD/ Loans & REO 2.24 1.85 1.78 2.53 4.01
NPA & Loans 90+/ Tangible Common Equity + LLR 13.44 11.18 11.61 19.04 35.54
NCOs/ Avg Loans 0.07 0.25 (0.30) 0.19 (0.05)
Loan Loss Reserves/ Gross Loans 1.22 1.24 1.34 1.23 1.30
Reserves/ NPAs 54.14 66.73 75.56 48.55 32.29
Loan Loss Provision/ NCO 116.28 46.38 NM 73.17 NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 66,634 68,263 60,375 50,421 43,940
Tier 1 Capital($000) 87,030 88,819 80,401 67,228 58,605
Tier 2 Capital($000) 5,592 5,777 6,813 NA NA
Total Capital($000) 92,622 94,596 87,214 76,864 69,888
Total Risk-weighted Assets($000) 528,198 512,480 546,322 507,042 504,722
Tier 1 Common Capital (CET1) Ratio(%) 12.62 13.32 11.05 9.94 8.71
Tier 1 Ratio(%) 16.48 17.33 14.72 13.26 11.61
Total Capital Ratio(%) 17.54 18.46 15.96 15.16 13.85
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 9.71 10.04 9.43 8.06 7.89
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 3,873,781 3,868,077 3,707,588 3,674,900 3,635,610
Avg Diluted Shares(actual) 3,945,209 3,872,059 3,792,646 3,730,052 3,625,063
Basic Book Value per Share 22.46 21.96 21.73 19.50 17.24
As-reported Book Value per Share 22.46 21.96 21.73 19.50 17.24
Basic Tangible Book Value per Share 17.70 17.14 16.61 14.21 11.75
Common Dividends Declared per Share 0.60 0.76 0.69 0.66 0.63
EPS after Extra 0.49 2.31 2.77 2.16 1.29
EPS after Extra Growth(%) (72.50) (16.60) 28.40 67.70 (27.60)
Core EPS 0.47 2.27 2.82 2.24 1.69
Core EPS Growth(%) (73) (19.60) 26.40 32.50 (5.80)
Diluted EPS before Amortization 0.55 2.39 2.88 2.30 1.38
Pre-Provision Earnings per Share 0.12 1.88 2.33 2.02 1.45
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