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 1,047,177 900,935 781,302 729,497 649,682
Total Net Loans 816,783 703,542 617,861 540,958 498,585
Total Deposits 880,441 776,806 664,674 622,954 556,157
Equity Attributable to Parent Company 114,985 78,556 71,400 66,661 60,709
Total Equity 114,985 78,556 71,400 66,661 60,709
Profitability (%)
Net Income($000) 11,415 8,873 7,988 8,128 6,081
Net Income Attributable to Parent($000) 11,415 8,873 7,988 8,128 6,081
ROAA 1.16 1.05 1.05 1.19 0.98
Core ROAA 1.17 1.09 1.03 1.10 0.97
ROAE 13.54 11.81 11.43 12.90 10.57
ROATCE 13.68 11.88 11.50 12.99 10.64
Core ROAE 13.60 12.27 11.25 11.98 10.41
Net Interest Margin 3.90 4 3.94 4.02 4
Reported: Net Interest Margin 3.90 3.87 3.94 4.02 4
Efficiency Ratio 62.45 61.42 62.78 61.61 63.78
Noninterest Inc/ Operating Rev 12.88 11.96 10.80 10.69 10.77
Balance Sheet Ratios (%)
Loans/ Deposits 93.63 91.36 93.78 87.76 90.59
Securities/ Assets 13.91 13.84 14.26 16.89 17.02
Total Equity/ Total Assets 10.98 8.72 9.14 9.14 9.34
Tangible Equity/ Tangible Assets 10.85 8.68 9.09 9.09 9.29
Tang Common Equity/ Tang Assets 10.85 8.68 9.09 9.09 9.29
Asset Quality (%)
NPAs/ Assets 0.20 0.40 0.60 0.95 0.71
NPA Excl Restructured/ Assets 0.17 0.21 0.36 0.35 0.40
NPAs & 90+ PD/ Assets 0.21 0.40 0.60 1.14 0.82
NPAs/ Loans & REO 0.25 0.50 0.75 1.26 0.92
Nonaccrual & 90+ & OREO/ Assets 0.18 0.21 0.36 0.55 0.52
NPAs & 90+ PD/ Loans & REO 0.27 0.50 0.75 1.52 1.06
NPA & Loans 90+/ Tangible Common Equity + LLR 1.81 4.25 6.13 11.58 8.15
NCOs/ Avg Loans 0.02 0.09 0.11 0.08 0.13
Loan Loss Reserves/ Gross Loans 0.92 0.88 0.91 1.05 1.06
Reserves/ NPAs 361.10 173.69 121.26 82.74 115.65
Loan Loss Provision/ NCO NM 192.44 97.43 192.41 216.01
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 115,399 78,354 71,723 65,447 59,298
Tier 1 Capital($000) 115,399 78,354 71,723 65,447 59,298
Tier 2 Capital($000) 13,007 11,685 11,159 11,176 NA
Total Capital($000) 128,406 90,039 82,882 76,623 64,649
Total Risk-weighted Assets($000) 837,511 725,244 629,694 547,834 466,459
Tier 1 Common Capital (CET1) Ratio(%) 13.78 10.80 11.39 11.95 12.71
Tier 1 Ratio(%) 13.78 10.80 11.39 11.95 12.71
Total Capital Ratio(%) 15.33 12.42 13.16 13.99 13.86
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 11.14 8.71 9.14 9.20 9.11
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 2,013,572 1,610,628 1,583,228 1,564,581 1,554,457
Avg Diluted Shares(actual) 1,711,394 1,641,554 1,608,218 1,585,879 1,572,084
Basic Book Value per Share 57.10 48.77 45.10 42.61 39.05
Book Value per Share, As Reported 57.06 48.77 45.10 42.61 39.05
Basic Tangible Book Value per Share 56.35 48.51 44.83 42.34 38.79
Tangible Book Value per Share, As Reported 56.30 48.51 44.83 42.40 38.79
Common Dividends Declared per Share 1.89 1.72 1.55 1.47 1.42
EPS after Extra 6.67 5.40 4.97 5.13 3.87
EPS after Extra Growth(%) 23.50 8.70 (3.10) 32.60 15.90
Core EPS 6.70 5.61 4.89 4.76 3.81
Core EPS Growth(%) 19.50 14.70 2.70 24.90 24.90
Diluted EPS before Amortization 6.67 5.40 4.97 5.13 3.87
Pre-Provision Earnings per Share 7.16 5.43 4.68 4.49 3.92
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