Investor Relations

Financial Highlights

Financial Highlights
2014 FY
12/31/2014
2015 FY
12/31/2015
2016 FY
12/31/2016
2017 FY
12/31/2017
2018 FY
12/31/2018
Balance Sheet ($000)
Total Assets 210,358 244,044 303,941 347,180 401,702
Total Net Loans 153,740 189,798 226,059 256,139 294,880
Total Deposits 183,971 217,573 275,347 298,297 349,067
Equity Attributable to Parent Company 22,867 24,933 27,082 46,973 50,820
Total Equity 22,867 24,933 27,082 46,973 50,820
Profitability (%)
Net Income($000) 1,006 1,704 2,220 2,817 4,042
Net Income Attributable to Parent($000) 1,006 1,704 2,220 2,817 4,042
ROAA 0.48 0.74 0.81 0.85 1.07
Core ROAA 0.46 0.71 0.78 0.90 1.07
ROAE 5.21 7.16 8.51 7.17 8.41
ROATCE 5.21 7.16 8.51 7.17 8.41
Core ROAE 5.01 6.90 8.26 7.57 8.41
Net Interest Margin 3.69 3.87 3.74 3.68 3.81
Reported: Net Interest Margin 3.70 3.87 3.74 3.68 3.81
Efficiency Ratio 72.77 69.77 67.23 62.80 61.58
Noninterest Inc/ Operating Rev 8.02 10.21 13.32 8.92 8.57
Balance Sheet Ratios (%)
Loans/ Deposits 83.69 87.12 81.95 84.95 84.16
Securities/ Assets 20.24 15.67 10.96 14.44 11.39
Total Equity/ Total Assets 10.87 10.22 8.91 13.53 12.65
Tangible Equity/ Tangible Assets 10.87 10.22 8.91 13.53 12.65
Tang Common Equity/ Tang Assets 10.87 10.22 8.91 13.53 12.65
Asset Quality (%)
NPAs/ Assets NA NA 0.27 0.09 NA
NPA Excl Restructured/ Assets 0.08 0.06 0.27 0.04 0.09
NPAs & 90+ PD/ Assets NA NA 0.27 0.09 NA
NPAs/ Loans & REO NA NA 0.35 0.11 NA
Nonaccrual & 90+ & OREO/ Assets 0.08 0.06 0.27 0.04 0.09
NPAs & 90+ PD/ Loans & REO NA NA 0.35 0.11 NA
NPA & Loans 90+/ Tangible Common Equity + LLR NA NA 2.71 0.59 NA
NCOs/ Avg Loans 0.28 0.03 0.01 0 0.02
Loan Loss Reserves/ Gross Loans 1.35 1.29 1.26 1.21 1.23
Reserves/ NPAs NA NA 354.62 NM NA
Loan Loss Provision/ NCO 195.04 NM NM NM NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA NA 25,994 NA NA
Tier 1 Capital($000) NA NA 25,994 NA NA
Tier 2 Capital($000) NA NA 2,778 NA NA
Total Capital($000) NA NA 28,772 NA NA
Total Risk-weighted Assets($000) NA NA 222,108 NA NA
Tier 1 Common Capital (CET1) Ratio(%) NA NA 11.70 NA NA
Tier 1 Ratio(%) NA NA 11.70 NA NA
Total Capital Ratio(%) NA NA 12.95 NA NA
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) NA NA 8.73 NA NA
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 1,941,617 1,975,329 2,004,707 3,118,977 3,138,945
Avg Diluted Shares(actual) 1,726,662 1,955,573 1,991,161 2,711,699 3,131,546
Basic Book Value per Share 11.78 12.62 13.51 15.06 16.19
Book Value per Share, As Reported 11.78 12.62 13.51 15.06 16.19
Basic Tangible Book Value per Share 11.78 12.62 13.51 15.06 16.19
Tangible Book Value per Share, As Reported 11.78 12.62 13.51 15.06 16.19
Common Dividends Declared per Share NA 0 0.05 0.07 0.10
EPS after Extra 0.58 0.87 1.11 1.04 1.29
EPS after Extra Growth(%) (23.70) 50 27.60 (6.30) 24
Core EPS 0.56 0.84 1.08 1.10 1.29
Core EPS Growth(%) (26.10) 50.40 28.50 1.90 17.50
Diluted EPS before Amortization 0.58 0.87 1.11 1.04 1.29
Pre-Provision Earnings per Share 0.83 0.96 1.22 1.15 1.48
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.