Financial Highlights Report

Financial Highlights
2019 FQ2 YTD
6/30/2019
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 519,520 482,918 441,289 396,716 359,642
Total Net Loans 417,598 391,800 358,867 320,620 268,595
Total Deposits 419,054 395,179 363,089 322,317 294,492
Equity Attributable to Parent Company 54,099 50,080 45,319 32,223 29,506
Total Equity 54,099 50,080 45,319 32,223 29,506
Profitability (%)
Net Income($000) 2,593 4,728 3,394 2,900 1,996
Net Income Attributable to Parent($000) 2,593 4,728 3,394 2,900 1,996
ROAA 1.06 1.03 0.81 0.77 0.60
Core ROAA 1.06 1.05 0.84 0.76 0.60
ROAE 9.98 10.01 9.01 9.23 6.84
ROATCE 9.98 10.01 9.01 9.23 6.95
Core ROAE 9.99 10.18 9.37 9.08 6.84
Net Interest Margin 3.65 3.54 3.49 3.31 3.30
Reported: Net Interest Margin 3.65 3.54 3.49 3.31 3.30
Efficiency Ratio 70.14 70.23 70.88 71.17 78.01
Noninterest Inc/ Operating Rev 25.70 26.23 28.77 33.23 29.93
Balance Sheet Ratios (%)
Loans/ Deposits 94.01 95.89 95.99 94.71 87.90
Securities/ Assets 12.98 12.50 13.03 13.33 19.23
Total Equity/ Total Assets 10.41 10.37 10.27 8.12 8.20
Tangible Equity/ Tangible Assets 10.41 10.37 10.27 8.12 8.20
Tang Common Equity/ Tang Assets 10.41 10.37 10.27 8.12 8.20
Asset Quality (%)
NPAs/ Assets 0.59 0.80 0.78 1.04 1.46
NPA Excl Restructured/ Assets 0.24 0.41 0.64 0.81 0.90
NPAs & 90+ PD/ Assets 0.59 0.80 0.78 1.04 1.46
NPAs/ Loans & REO 0.73 0.97 0.95 1.27 1.93
Nonaccrual & 90+ & OREO/ Assets 0.24 0.41 0.64 0.81 0.90
NPAs & 90+ PD/ Loans & REO 0.73 0.97 0.95 1.27 1.93
NPA & Loans 90+/ Tangible Common Equity + LLR 5.30 7.14 7.02 11.66 16.43
NCOs/ Avg Loans 0.03 0.01 0.01 0.09 0.23
Loan Loss Reserves/ Gross Loans 0.91 0.94 0.98 0.96 0.88
Reserves/ NPAs 125.41 97.19 103.47 75.46 45.48
Loan Loss Provision/ NCO 279.10 611.11 NM 370.90 68.99
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 53,302 50,570 45,543 32,521 29,439
Tier 1 Capital($000) 53,302 50,570 45,543 32,521 29,439
Tier 2 Capital($000) 8,865 8,745 8,561 8,118 7,392
Total Capital($000) 62,167 59,315 54,104 40,639 36,831
Total Risk-weighted Assets($000) 411,793 382,480 350,889 314,563 270,124
Tier 1 Common Capital (CET1) Ratio(%) 12.94 13.22 12.98 10.34 10.90
Tier 1 Ratio(%) 12.94 13.22 12.98 10.34 10.90
Total Capital Ratio(%) 15.10 15.51 15.42 12.92 13.63
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 10.71 10.66 10.38 8.21 8.55
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 3,107,030 3,102,988 3,087,702 2,407,095 2,393,206
Basic Book Value per Share 17.41 16.14 14.68 13.39 12.33
Book Value per Share, As Reported 17.16 16.30 14.75 13.51 12.30
Basic Tangible Book Value per Share 17.41 16.14 14.68 13.39 12.33
Tangible Book Value per Share, As Reported 17.16 16.30 14.75 13.51 12.30
Common Dividends Declared per Share 0 0 0 0 0
EPS after Extra 0.83 1.52 1.30 1.21 0.83
EPS after Extra Growth(%) 15.30 16.80 7.50 46.20 4.60
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.