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 2,179,070 2,136,081 2,050,579 1,744,863 1,487,732
Total Net Loans 1,726,193 1,575,848 1,386,400 1,160,875 1,113,437
Total Deposits 1,799,293 1,834,962 1,785,209 1,458,021 1,262,168
Equity Attributable to Parent Company 196,559 179,594 168,785 182,821 171,086
Total Equity 196,559 179,594 168,785 182,821 171,086
Profitability (%)
Net Income($000) 25,866 15,001 14,031 17,108 20,770
Net Income Attributable to Parent($000) 25,866 15,001 14,031 17,108 20,770
ROAA 1.21 0.75 0.73 1.12 1.46
Core ROAA NA 1.23 1.19 1.36 1.64
ROAE 13.76 8.49 8.32 9.46 12.65
ROATCE 21.74 15.59 16.56 14.33 17.74
Core ROAE NA 13.96 13.60 11.55 14.24
Net Interest Margin 3.86 3.76 3.60 3.78 3.97
Reported: Net Interest Margin 3.86 3.76 3.63 3.81 3.97
Efficiency Ratio 73.80 73.79 77.21 76.48 72.99
Noninterest Inc/ Operating Rev 57.73 60.36 62.35 63.82 59.88
Balance Sheet Ratios (%)
Loans/ Deposits 96.36 85.80 76.57 77.29 86.79
Securities/ Assets NA 13.19 13.89 11.31 14.20
Total Equity/ Total Assets 9.02 8.41 8.23 10.48 11.50
Tangible Equity/ Tangible Assets 6.89 6.01 5.46 9.37 10.21
Tang Common Equity/ Tang Assets 6.89 6.01 5.46 8.21 8.84
Asset Quality (%)
NPAs/ Assets NA 0.31 0.49 0.62 0.48
NPA Excl Restructured/ Assets 0.33 0.30 0.46 0.60 0.41
NPAs & 90+ PD/ Assets NA 0.31 0.50 0.71 0.51
NPAs/ Loans & REO NA 0.41 0.72 0.92 0.64
Nonaccrual & 90+ & OREO/ Assets 0.33 0.30 0.47 0.69 0.44
NPAs & 90+ PD/ Loans & REO NA 0.41 0.73 1.06 0.67
NPA & Loans 90+/ Tangible Common Equity + LLR NA 4.65 8.17 7.92 5.18
NCOs/ Avg Loans 0.18 0.16 0.15 0.57 (0.06)
Loan Loss Reserves/ Gross Loans 1.27 1.04 1.11 1.25 1.51
Reserves/ NPAs NA 251.12 154.47 136.40 236.76
Loan Loss Provision/ NCO 287 140.71 143.46 63.88 NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 151,293 133,149 124,093 150,873 NA
Tier 1 Capital($000) 159,307 141,037 131,822 170,472 153,855
Tier 2 Capital($000) 71,737 66,064 65,053 64,688 NA
Total Capital($000) 231,044 207,101 196,875 235,160 169,563
Total Risk-weighted Assets($000) 1,801,107 1,701,159 1,602,460 1,382,169 1,305,309
Tier 1 Common Capital (CET1) Ratio(%) 8.40 7.83 7.74 10.92 NA
Tier 1 Ratio(%) 8.84 8.29 8.23 12.33 11.76
Total Capital Ratio(%) 12.83 12.17 12.29 17.01 13.02
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 7.49 7.07 6.85 10.85 10.07
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 13,775,000 13,699,066 13,534,375 13,433,801 13,346,346
Avg Diluted Shares(actual) 14,063,000 14,007,000 14,000,332 13,947,136 13,877,344
Basic Book Value per Share 14.27 13.11 12.47 12.12 11.32
Book Value per Share, As Reported 14.27 13.11 12.47 12.12 10.85
Basic Tangible Book Value per Share 10.65 9.14 8.03 10.54 9.71
Tangible Book Value per Share, As Reported NA NA NA NA NA
Common Dividends Declared per Share 0.53 0.48 0.44 0.42 0.38
EPS after Extra 1.84 1.07 1 1.21 1.48
EPS after Extra Growth(%) 72 7 (17.40) (18.20) 0
Core EPS NA 1.76 1.64 1.48 1.67
Core EPS Growth(%) NA 7.50 10.50 (11.20) 1.70
Diluted EPS before Amortization 2.17 1.47 1.50 1.52 1.78
Pre-Provision Earnings per Share 2.34 1.76 1.43 1.36 1.35
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