Financial Highlights

Financial Highlights
2018 FQ4
12/31/2018
2017 FQ4
12/31/2017
Y-Y Ch (%)
2018 FQ3
9/30/2018
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 1,080,617 970,556 11.34 1,027,440 20.70
Total Net Loans 894,559 760,377 17.65 846,993 22.46
Total Deposits 842,192 761,846 10.55 809,128 16.35
Equity Attributable to Parent Company 117,476 114,554 2.55 116,547 3.19
Total Equity 117,476 114,554 2.55 116,547 3.19
Profitability (%)
Net Income($000) 782 (2,394) NM 1,026 (95.13)
Net Income Attributable to Parent($000) 782 (2,394) NM 1,026 (95.13)
ROAA 0.30 (0.99) 129 bp 0.41 (11) bp
Core ROAA 0.50 (0.17) 67 bp 0.48 2 bp
ROAE 2.69 (8.24) 1,093 bp 3.55 (86) bp
ROATCE 3.59 (8.71) 1,230 bp 4.60 (101) bp
Core ROAE 4.51 (1.38) 589 bp 4.09 42 bp
Net Interest Margin 3.44 3.82 (38) bp 3.57 (13) bp
Reported: Net Interest Margin 3.41 3.82 (41) bp 3.57 (16) bp
Efficiency Ratio 75.06 74.44 62 bp 79.61 (455) bp
Noninterest Inc/ Operating Rev 10.60 6.15 445 bp 10.75 (15) bp
Balance Sheet Ratios (%)
Loans/ Deposits 107.11 100.61 650 bp 105.58 153 bp
Securities/ Assets 8.31 8.55 (24) bp 8.56 (25) bp
Total Equity/ Total Assets 10.87 11.80 (93) bp 11.34 (47) bp
Tangible Equity/ Tangible Assets 9.82 10.57 (75) bp 10.23 (41) bp
Tang Common Equity/ Tang Assets 9.82 10.57 (75) bp 10.23 (41) bp
Asset Quality (%)
NPAs/ Assets NA 1.34 NA 1.20 NA
NPA Excl Restructured/ Assets 0.81 1.11 (30) bp 0.77 4 bp
NPAs & 90+ PD/ Assets NA 1.34 NA 1.20 NA
NPAs/ Loans & REO NA 1.68 NA 1.43 NA
Nonaccrual & 90+ & OREO/ Assets 0.81 1.12 (31) bp 0.77 4 bp
NPAs & 90+ PD/ Loans & REO NA 1.69 NA 1.43 NA
NPA & Loans 90+/ Tangible Common Equity + LLR NA 11.97 NA 11.06 NA
NCOs/ Avg Loans 0.12 0.13 (1) bp 0.16 (4) bp
Loan Loss Reserves/ Gross Loans 0.88 1.01 (13) bp 0.85 3 bp
Reserves/ NPAs NA 59.80 NA 59.33 NA
Loan Loss Provision/ NCO 341.18 NM NM 151.94 18,924 bp
Per Share Information ($)
Common Shares Outstanding(actual) 13,201,682 13,203,605 (0.01) 13,238,716 (1.12)
Avg Diluted Shares(actual) 13,099,707 13,108,400 (0.07) 13,142,549 (1.30)
Basic Book Value per Share 8.90 8.68 2.53 8.80 4.55
Book Value per Share, As Reported 8.90 8.68 2.53 8.80 4.55
Basic Tangible Book Value per Share 7.95 7.66 3.79 7.84 5.61
Tangible Book Value per Share, As Reported 7.98 7.71 3.50 7.88 5.08
Common Dividends Declared per Share 0 0.04 NM 0 0
EPS after Extra 0.06 (0.18) NM 0.08 (100)
EPS after Extra Growth(%) NM NM NM 14.30 NM
Core EPS 0.10 (0.03) NM 0.09 44.44
Core EPS Growth(%) NM NM NM (0.50) NM
Diluted EPS before Amortization 0.07 (0.16) NM 0.10 (120)
Pre-Provision Earnings per Share 0.12 0.10 20 0.11 36.36

   Q-Q Ch(%)= most recent quarter minus prior quarter annualized e.g. [(Q4-Q3)/Q3]*4

  * Percentages presented for individual quarters are annualized by taking the quarter amount and multiplying by four.


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.

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