Investor Relations

Financial Highlights

Financial Highlights
2015 FY
12/31/2015
2016 FY
12/31/2016
2017 FY
12/31/2017
2018 FY
12/31/2018
2019 FQ3 YTD
9/30/2019
Balance Sheet ($000)
Total Assets 244,044 303,941 347,180 401,702 484,066
Total Net Loans 189,798 226,059 256,139 294,880 323,714
Total Deposits 217,573 275,347 298,297 349,067 421,197
Equity Attributable to Parent Company 24,933 27,082 46,973 50,820 55,027
Total Equity 24,933 27,082 46,973 50,820 55,027
Profitability (%)
Net Income($000) 1,704 2,220 2,817 4,042 2,595
Net Income Attributable to Parent($000) 1,704 2,220 2,817 4,042 2,595
ROAA 0.74 0.81 0.85 1.07 0.78
Core ROAA 0.71 0.78 0.90 1.07 0.82
ROAE 7.16 8.51 7.17 8.43 6.60
ROATCE 7.16 8.51 7.17 8.43 6.60
Core ROAE 6.90 8.26 7.57 8.43 6.92
Net Interest Margin 3.87 3.74 3.68 3.81 3.65
Reported: Net Interest Margin 3.87 3.74 3.68 3.81 3.65
Efficiency Ratio 69.77 67.23 62.79 61.58 67.02
Noninterest Inc/ Operating Rev 10.21 13.32 8.93 8.57 9.78
Balance Sheet Ratios (%)
Loans/ Deposits 87.12 81.95 84.95 84.16 75.92
Securities/ Assets 15.67 10.96 14.44 11.39 11.61
Total Equity/ Total Assets 10.22 8.91 13.53 12.65 11.37
Tangible Equity/ Tangible Assets 10.22 8.91 13.53 12.65 11.37
Tang Common Equity/ Tang Assets 10.22 8.91 13.53 12.65 11.37
Asset Quality (%)
NPAs/ Assets NA 0.27 0.09 NA NA
NPA Excl Restructured/ Assets 0.06 0.27 0.04 0.09 0.54
NPAs & 90+ PD/ Assets NA 0.27 0.09 NA NA
NPAs/ Loans & REO NA 0.35 0.11 NA NA
Nonaccrual & 90+ & OREO/ Assets 0.06 0.27 0.04 0.09 0.54
NPAs & 90+ PD/ Loans & REO NA 0.35 0.11 NA NA
NPA & Loans 90+/ Tangible Common Equity + LLR NA 2.71 0.59 NA NA
NCOs/ Avg Loans 0.03 0.01 0 0.02 0.11
Loan Loss Reserves/ Gross Loans 1.29 1.26 1.21 1.23 1.22
Reserves/ NPAs NA 354.62 NM NA NA
Loan Loss Provision/ NCO NM NM NM NM 221.59
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA 25,994 NA NA NA
Tier 1 Capital($000) NA 25,994 NA NA NA
Tier 2 Capital($000) NA 2,778 NA NA NA
Total Capital($000) NA 28,772 NA NA NA
Total Risk-weighted Assets($000) NA 222,108 NA NA NA
Tier 1 Common Capital (CET1) Ratio(%) NA 11.70 NA NA NA
Tier 1 Ratio(%) NA 11.70 NA NA NA
Total Capital Ratio(%) NA 12.95 NA NA NA
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) NA 8.73 NA 12.61 11.73
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 1,975,329 2,004,707 3,118,977 3,138,945 3,190,031
Avg Diluted Shares(actual) 1,955,573 1,991,161 2,711,699 3,131,546 3,147,767
Basic Book Value per Share 12.62 13.51 15.06 16.19 17.25
Book Value per Share, As Reported 12.62 13.51 15.06 16.19 17.25
Basic Tangible Book Value per Share 12.62 13.51 15.06 16.19 17.25
Tangible Book Value per Share, As Reported 12.62 13.51 15.06 16.19 17.25
Common Dividends Declared per Share 0 0.05 0.07 0.10 0.12
EPS after Extra 0.87 1.11 1.04 1.29 0.83
EPS after Extra Growth(%) 50 27.60 (6.30) 24 (6.70)
Core EPS 0.84 1.08 1.10 1.29 0.87
Core EPS Growth(%) 50.40 28.50 1.90 17.50 (2.10)
Diluted EPS before Amortization 0.87 1.11 1.04 1.29 0.83
Pre-Provision Earnings per Share 0.96 1.22 1.15 1.48 1.06
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.