Financial Highlights

Financial Highlights
2018 FQ1
3/31/2018
2017 FQ1
3/31/2017
Y-Y Ch (%)
2017 FQ4
12/31/2017
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 917,118 894,720 2.50 942,949 (10.96)
Total Net Loans NA 493,530 NA 497,280 NA
Total Deposits 730,076 693,964 5.20 756,833 (14.14)
Equity Attributable to Parent Company 87,695 82,901 5.78 86,266 6.63
Total Equity 87,695 82,901 5.78 86,266 6.63
Profitability (%)
Net Income($000) 2,712 2,132 27.20 1,719 231.06
Net Income Attributable to Parent($000) 2,712 2,132 27.20 1,719 231.06
ROAA 1.17 0.94 23 bp 0.74 43 bp
Core ROAA NA 0.95 NA 0.75 NA
ROAE 12.47 10.48 199 bp 7.93 454 bp
ROATCE NA 11.12 NA 8.41 NA
Core ROAE NA 10.61 NA 8.05 NA
Net Interest Margin 3.05 3.01 4 bp 3.10 (5) bp
Reported: Net Interest Margin 3.05 2.93 12 bp 2.99 6 bp
Efficiency Ratio 64.39 65.92 (153) bp 62.32 207 bp
Noninterest Inc/ Operating Rev 39.80 43.24 (344) bp 38.64 116 bp
Balance Sheet Ratios (%)
Loans/ Deposits 67.35 72.37 (502) bp 66.90 45 bp
Securities/ Assets NA 36.43 NA 39.60 NA
Total Equity/ Total Assets 9.56 9.27 29 bp 9.15 41 bp
Tangible Equity/ Tangible Assets NA 8.89 NA 8.80 NA
Tang Common Equity/ Tang Assets NA 8.89 NA 8.80 NA
Asset Quality (%)
NPAs/ Assets NA 0.85 NA 0.97 NA
NPA Excl Restructured/ Assets NA 0.85 NA 0.97 NA
NPAs & 90+ PD/ Assets NA 0.85 NA 0.97 NA
NPAs/ Loans & REO NA 1.50 NA 1.80 NA
Nonaccrual & 90+ & OREO/ Assets NA 0.85 NA 0.97 NA
NPAs & 90+ PD/ Loans & REO NA 1.51 NA 1.80 NA
NPA & Loans 90+/ Tangible Common Equity + LLR NA 8.63 NA 9.96 NA
NCOs/ Avg Loans NA (0.02) NA 1.05 NA
Loan Loss Reserves/ Gross Loans NA 1.74 NA 1.80 NA
Reserves/ NPAs NA 115.28 NA 99.85 NA
Loan Loss Provision/ NCO NA NM NA 87.79 NA
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA 77,963 NA 81,955 NA
Tier 1 Capital($000) NA 87,963 NA 91,955 NA
Tier 2 Capital($000) NA 7,903 NA 7,730 NA
Total Capital($000) NA 95,866 NA 99,685 NA
Total Risk-weighted Assets($000) NA 631,429 NA 617,079 NA
Tier 1 Common Capital (CET1) Ratio(%) NA 12.35 NA 13.28 NA
Tier 1 Ratio(%) NA 13.93 NA 14.90 NA
Total Capital Ratio(%) NA 15.18 NA 16.15 NA
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) NA 9.76 NA 9.94 NA
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 3,087,488 3,085,986 0.05 3,087,488 0
Avg Diluted Shares(actual) 3,087,488 3,085,986 0.05 3,087,488 0
Basic Book Value per Share 28.40 26.86 5.73 27.94 6.59
As-reported Book Value per Share 28.40 26.42 7.49 27.67 10.55
Basic Tangible Book Value per Share NA 25.66 NA 26.76 NA
Reported: Tangible Book Value NA NA NA NA NA
Common Dividends Declared per Share 0.15 0.14 7.14 0.15 0
EPS after Extra 0.88 0.69 27.54 0.56 228.57
EPS after Extra Growth(%) 27.50 (9.20) 3,675 bp (18.80) 4,638 bp
Core EPS NA 0.70 NA 0.57 NA
Core EPS Growth(%) NA (9.10) NA (17.70) NA
Diluted EPS before Amortization NA 0.70 NA 0.57 NA
Pre-Provision Earnings per Share 0.82 0.74 10.81 0.83 (4.82)

   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.


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