Financial Highlights

Financial Highlights
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
2015 FY
12/31/2015
2014 FY
12/31/2014
Balance Sheet ($000)
Total Assets 1,121,554 986,984 935,366 891,192 855,427
Total Net Loans 909,279 802,372 763,184 699,781 673,898
Total Deposits 926,739 815,495 781,770 754,533 715,426
Equity Attributable to Parent Company 103,459 97,514 94,007 90,574 101,821
Total Equity 103,459 97,514 94,007 90,574 101,821
Profitability (%)
Net Income($000) 8,824 6,256 6,685 8,457 2,521
Net Income Attributable to Parent($000) 8,824 6,256 6,685 8,457 2,521
ROAA 0.83 0.65 0.73 0.96 0.40
Core ROAA 0.84 0.72 0.74 0.99 0.68
ROAE 8.84 6.47 7.21 8.09 3.28
ROATCE 10.75 8.03 8.99 11.85 4.96
Core ROAE 8.96 7.16 7.33 8.37 5.55
Net Interest Margin 3.34 3.58 3.69 3.99 3.64
Reported: Net Interest Margin 3.35 3.58 3.69 3.99 3.64
Efficiency Ratio 69.27 71.53 68.18 63.44 70.24
Noninterest Inc/ Operating Rev 20.03 20.48 19.27 18.32 23.68
Balance Sheet Ratios (%)
Loans/ Deposits 98.96 99.14 98.41 93.40 94.86
Securities/ Assets 8.66 8.40 8.86 8.96 11.09
Total Equity/ Total Assets 9.22 9.88 10.05 10.16 11.90
Tangible Equity/ Tangible Assets 7.98 8.43 8.65 8.64 10.27
Tang Common Equity/ Tang Assets 7.98 8.43 8.65 8.64 8.37
Asset Quality (%)
NPAs/ Assets 1.28 1.50 2.15 2.66 2.41
NPA Excl Restructured/ Assets 0.67 0.74 1.32 1.81 1.27
NPAs & 90+ PD/ Assets 1.35 1.50 2.18 2.67 2.41
NPAs/ Loans & REO 1.56 1.83 2.60 3.36 3.03
Nonaccrual & 90+ & OREO/ Assets 0.74 0.75 1.34 1.83 1.27
NPAs & 90+ PD/ Loans & REO 1.65 1.83 2.63 3.37 3.04
NPA & Loans 90+/ Tangible Common Equity + LLR 15.74 16.74 23.72 29.25 27.30
NCOs/ Avg Loans 0.08 0.05 0.19 0.08 0.10
Loan Loss Reserves/ Gross Loans 0.85 0.84 0.80 0.81 0.79
Reserves/ NPAs 54.65 45.77 30.47 24.10 25.97
Loan Loss Provision/ NCO 256.76 274.93 128.86 164.04 247.06
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 89,738 82,034 79,868 76,120 68,171
Tier 1 Capital($000) 89,738 82,034 79,868 76,120 84,171
Tier 2 Capital($000) 17,921 16,886 16,298 15,910 NA
Total Capital($000) 107,659 98,920 96,166 92,030 89,783
Total Risk-weighted Assets($000) 860,384 764,422 724,965 681,365 629,173
Tier 1 Common Capital (CET1) Ratio(%) 10.43 10.73 11.02 11.17 10.84
Tier 1 Ratio(%) 10.43 10.73 11.02 11.17 13.38
Total Capital Ratio(%) 12.51 12.94 13.26 13.51 14.27
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 8.25 8.53 8.69 8.56 12.31
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 2,806,781 2,785,216 2,758,086 2,733,576 2,720,766
Avg Diluted Shares(actual) 2,780,000 2,774,000 2,749,000 2,723,000 1,765,000
Basic Book Value per Share 36.86 35.01 34.08 33.13 31.54
Book Value per Share, As Reported 36.86 35.01 34.08 33.13 31.54
Basic Tangible Book Value per Share 31.45 29.39 28.90 27.69 25.83
Tangible Book Value per Share, As Reported 31.45 29.39 28.90 27.69 25.83
Common Dividends Declared per Share 1.12 1.12 1.12 1.12 1.12
EPS after Extra 3.13 2.24 2.41 3.02 1.32
EPS after Extra Growth(%) 39.70 (7.10) (20.20) 128.80 (42.60)
Core EPS 3.17 2.48 2.45 3.13 2.31
Core EPS Growth(%) 27.80 1.40 (21.70) 35.60 (7.80)
Diluted EPS before Amortization 3.29 2.43 2.63 3.26 1.49
Pre-Provision Earnings per Share 3.35 2.33 2.50 2.96 2.34
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.