Financial Highlights
2017 FQ3
9/30/2017
2017 FQ4
12/31/2017
2018 FQ1
3/31/2018
2018 FQ2
6/30/2018
2018 FQ3
9/30/2018
Balance Sheet ($000)
Total Assets 1,585,000 1,580,956 1,598,318 1,595,799 1,607,135
Total Net Loans 1,229,316 1,238,009 1,264,103 1,257,215 1,277,741
Total Deposits 1,214,089 1,208,047 1,222,520 1,225,770 1,250,093
Equity Attributable to Parent Company 171,002 168,481 168,919 168,257 170,012
Total Equity 171,002 168,481 168,919 168,257 170,012
Profitability (%)
Net Income($000) 2,244 (1,563) 2,006 3,353 2,704
Net Income Attributable to Parent($000) 2,244 (1,563) 2,006 3,353 2,704
ROAA 0.57 (0.39) 0.51 0.84 0.68
Core ROAA 0.59 0.63 0.54 0.73 0.71
ROAE 5.24 (3.68) 4.73 7.90 6.35
ROATCE 6.08 (3.84) 5.56 9.06 7.34
Core ROAE 5.47 5.90 5.01 6.90 6.63
Net Interest Margin 2.92 2.95 2.96 2.96 3.06
Reported: Net Interest Margin 2.90 2.92 3 2.97 3.04
Efficiency Ratio 69.62 69.50 72.92 70.24 67.11
Noninterest Inc/ Operating Rev 18.80 18.70 17.97 19.23 20.29
Balance Sheet Ratios (%)
Loans/ Deposits 102.11 103.43 104.39 103.33 103.24
Securities/ Assets 11.51 10.61 9.96 10.06 9.99
Total Equity/ Total Assets 10.79 10.66 10.57 10.54 10.58
Tangible Equity/ Tangible Assets 9.82 9.69 9.62 9.60 9.65
Tang Common Equity/ Tang Assets 9.82 9.69 9.62 9.60 9.65
Asset Quality (%)
NPAs/ Assets 0.95 1.07 1.12 1.15 1.17
NPA Excl Restructured/ Assets 0.32 0.47 0.55 0.52 0.56
NPAs & 90+ PD/ Assets 0.95 1.07 1.12 1.15 1.17
NPAs/ Loans & REO 1.21 1.35 1.40 1.44 1.45
Nonaccrual & 90+ & OREO/ Assets 0.32 0.47 0.55 0.52 0.56
NPAs & 90+ PD/ Loans & REO 1.21 1.35 1.40 1.44 1.45
NPA & Loans 90+/ Tangible Common Equity + LLR 9.03 10.29 10.87 11.10 11.16
NCOs/ Avg Loans 0.03 0.01 0.02 0.02 0.01
Loan Loss Reserves/ Gross Loans 0.98 0.99 1.02 1.04 1.10
Reserves/ NPAs 81.46 73.09 72.45 72.28 75.96
Loan Loss Provision/ NCO 169.31 372.09 NM 505.26 NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 156,252 154,532 155,175 155,041 NA
Tier 1 Capital($000) 164,252 162,532 163,175 163,041 NA
Tier 2 Capital($000) 12,671 12,794 13,518 13,776 NA
Total Capital($000) 176,923 175,326 176,693 176,817 NA
Total Risk-weighted Assets($000) 1,031,132 1,063,164 1,098,796 1,129,120 NA
Tier 1 Common Capital (CET1) Ratio(%) 15.15 14.54 14.12 13.73 NA
Tier 1 Ratio(%) 15.93 15.29 14.85 14.44 NA
Total Capital Ratio(%) 17.16 16.49 16.08 15.66 NA
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 10.46 10.36 10.44 10.32 NA
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 12,230,680 12,242,434 12,242,434 12,032,734 12,033,734
Avg Diluted Shares(actual) 11,962,825 11,886,618 11,995,298 11,954,990 11,802,822
Basic Book Value per Share 13.98 13.76 13.80 13.98 14.13
Book Value per Share, As Reported 13.98 13.76 13.80 13.98 14.13
Basic Tangible Book Value per Share 12.59 12.38 12.43 12.60 12.76
Tangible Book Value per Share, As Reported 12.59 12.38 12.43 12.60 12.76
Common Dividends Declared per Share 0.05 0.05 0.06 0.06 0.06
EPS after Extra 0.19 (0.13) 0.17 0.28 0.23
EPS after Extra Growth(%) 46.20 NM 21.40 16.70 21.10
Core EPS 0.20 0.21 0.18 0.24 0.24
Core EPS Growth(%) 46.70 (22.30) 21.70 19.60 21.10
Diluted EPS before Amortization 0.20 (0.12) 0.18 0.29 0.24
Pre-Provision Earnings per Share 0.20 0.19 0.22 0.25 0.30
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.