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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 862,464 793,858 747,503 654,267 542,327
Total Net Loans 703,500 619,116 565,912 517,514 410,569
Total Deposits 758,718 704,153 663,484 579,351 481,692
Equity Attributable to Parent Company 88,660 74,762 67,362 57,553 47,817
Total Equity 88,660 74,762 67,362 57,553 47,817
Profitability (%)
Net Income($000) 11,829 5,477 4,477 2,542 3,146
Net Income Attributable to Parent($000) 11,829 5,477 4,477 2,542 3,146
ROAA 1.42 0.74 0.66 0.43 0.64
Core ROAA 1.42 0.94 0.66 0.43 0.64
ROAE 14.50 7.60 7.08 4.69 6.84
ROATCE 14.50 7.52 7.05 3.82 6.92
Core ROAE 14.50 9.57 7.08 4.69 6.84
Net Interest Margin 4.34 4.05 3.63 3.48 3.88
Reported: Net Interest Margin 4.34 4.05 3.63 3.48 3.88
Efficiency Ratio 55.89 61.12 67.95 74.33 70.73
Noninterest Inc/ Operating Rev 3.37 3.17 2.80 3.40 3.61
Balance Sheet Ratios (%)
Loans/ Deposits 93.70 88.94 86.33 90.41 86.31
Securities/ Assets 6.72 1.55 1.77 2.30 2.65
Total Equity/ Total Assets 10.28 9.42 9.01 8.80 8.82
Tangible Equity/ Tangible Assets 10.28 9.42 9.01 8.80 8.82
Tang Common Equity/ Tang Assets 10.28 9.42 9.01 8.80 7.55
Asset Quality (%)
NPAs/ Assets 0.43 0 0.14 0.19 0.25
NPA Excl Restructured/ Assets 0.43 0 0.14 0.19 0.25
NPAs & 90+ PD/ Assets 0.43 0 0.14 0.19 0.25
NPAs/ Loans & REO 0.53 0 0.18 0.23 0.32
Nonaccrual & 90+ & OREO/ Assets 0.43 0 0.14 0.19 0.25
NPAs & 90+ PD/ Loans & REO 0.53 0 0.18 0.23 0.32
NPA & Loans 90+/ Tangible Common Equity + LLR 3.90 0 1.42 1.90 2.89
NCOs/ Avg Loans 0 0 0 0 0
Loan Loss Reserves/ Gross Loans 1.05 1.14 1.20 1.20 1.24
Reserves/ NPAs 198.59 NM 651 519.46 388.58
Loan Loss Provision/ NCO NM NM NM NM NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 88,661 74,814 67,499 57,696 41,040
Tier 1 Capital($000) 88,661 74,814 67,499 57,696 47,910
Tier 2 Capital($000) 17,857 17,632 17,095 16,837 NA
Total Capital($000) 106,518 92,446 84,594 74,533 63,618
Total Risk-weighted Assets($000) 883,781 763,780 667,203 613,342 479,181
Tier 1 Common Capital (CET1) Ratio(%) 10.03 9.80 10.12 9.41 8.56
Tier 1 Ratio(%) 10.03 9.80 10.12 9.41 10
Total Capital Ratio(%) 12.05 12.10 12.68 12.15 13.28
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 10.34 9.67 9.14 9.04 8.81
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 6,241,000 6,084,059 5,957,265 5,476,695 4,203,391
Avg Diluted Shares(actual) 6,432,000 6,259,101 5,947,351 5,022,218 4,364,838
Basic Book Value per Share 14.21 12.29 11.31 10.51 9.74
Book Value per Share, As Reported 14.21 12.29 11.31 10.51 9.74
Basic Tangible Book Value per Share 14.21 12.29 11.31 10.51 9.74
Tangible Book Value per Share, As Reported 14.21 12.29 11.31 10.51 9.74
Common Dividends Declared per Share 0 0 0 0 0
EPS after Extra 1.82 0.87 0.75 0.41 0.63
EPS after Extra Growth(%) 109.20 16 82.90 (34.90) 31.30
Core EPS 1.82 1.10 0.75 0.41 0.63
Core EPS Growth(%) 65.80 46.30 82.90 (34.90) 31.30
Diluted EPS before Amortization 1.82 0.87 0.75 0.41 0.63
Pre-Provision Earnings per Share 1.94 1.21 0.87 0.59 0.76
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