Financial Highlights

Financial Highlights
2019 FQ3
9/30/2019
2018 FQ3
9/30/2018
Y-Y Ch (%)
2019 FQ2
6/30/2019
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 907,619 986,969 (8.04) 956,468 (20.43)
Total Net Loans 472,671 477,946 (1.10) 476,428 (3.15)
Total Deposits 709,596 776,089 (8.57) 739,436 (16.14)
Equity Attributable to Parent Company 98,108 84,282 16.40 100,231 (8.47)
Total Equity 98,108 84,282 16.40 100,231 (8.47)
Profitability (%)
Net Income($000) 2,231 804 177.49 2,221 1.80
Net Income Attributable to Parent($000) 2,231 804 177.49 2,221 1.80
ROAA 0.97 0.32 65 bp 0.97 0 bp
Core ROAA 0.98 0.34 64 bp 1.22 (24) bp
ROAE 9 3.80 520 bp 9.14 (14) bp
ROATCE 9.46 4.13 533 bp 9.62 (16) bp
Core ROAE 9.13 3.95 518 bp 11.47 (234) bp
Net Interest Margin 3.17 2.99 18 bp 2.96 21 bp
Reported: Net Interest Margin 3.10 2.89 21 bp 2.95 15 bp
Efficiency Ratio 62.89 60.11 278 bp 64.66 (177) bp
Noninterest Inc/ Operating Rev 20.22 38.55 (1,833) bp 43.33 (2,311) bp
Balance Sheet Ratios (%)
Loans/ Deposits 68.21 63.47 474 bp 66.33 188 bp
Securities/ Assets 39.04 37.04 200 bp 37.86 118 bp
Total Equity/ Total Assets 10.81 8.54 227 bp 10.48 33 bp
Tangible Equity/ Tangible Assets 10.47 8.22 225 bp 10.17 30 bp
Tang Common Equity/ Tang Assets 10.47 8.22 225 bp 10.17 30 bp
Asset Quality (%)
NPAs/ Assets 0.93 2.32 (139) bp 2.17 (124) bp
NPA Excl Restructured/ Assets 0.93 1.67 (74) bp 1.52 (59) bp
NPAs & 90+ PD/ Assets 0.93 2.32 (139) bp 2.18 (125) bp
NPAs/ Loans & REO 1.73 4.63 (290) bp 4.22 (249) bp
Nonaccrual & 90+ & OREO/ Assets 0.93 1.67 (74) bp 1.52 (59) bp
NPAs & 90+ PD/ Loans & REO 1.74 4.63 (289) bp 4.23 (249) bp
NPA & Loans 90+/ Tangible Common Equity + LLR 7.95 23.98 (1,603) bp 18.76 (1,081) bp
NCOs/ Avg Loans 2.58 0.04 254 bp 0.06 252 bp
Loan Loss Reserves/ Gross Loans 2.35 2.97 (62) bp 2.89 (54) bp
Reserves/ NPAs 135.05 64.01 7,104 bp 68.21 6,684 bp
Loan Loss Provision/ NCO 9.61 NM NM 563.38 (55,377) bp
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 87,442 86,115 1.54 92,413 (21.52)
Tier 1 Capital($000) 97,442 96,115 1.38 102,413 (19.42)
Tier 2 Capital($000) 7,410 7,695 (3.70) 7,510 (5.33)
Total Capital($000) 104,852 103,810 1 109,923 (18.45)
Total Risk-weighted Assets($000) 588,853 608,048 (3.16) 594,124 (3.55)
Tier 1 Common Capital (CET1) Ratio(%) 14.85 14.16 69 bp 15.55 (70) bp
Tier 1 Ratio(%) 16.55 15.81 74 bp 17.24 (69) bp
Total Capital Ratio(%) 17.81 17.07 74 bp 18.50 (69) bp
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 10.59 9.72 87 bp 11.21 (62) bp
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 3,089,773 3,087,488 0.07 3,089,773 0
Avg Diluted Shares(actual) 3,089,773 3,087,488 0.07 3,089,773 0
Basic Book Value per Share 31.75 27.30 16.30 32.44 (8.51)
Book Value per Share, As Reported 29.39 28.99 1.38 30.99 (20.65)
Basic Tangible Book Value per Share 30.63 26.18 17 31.36 (9.31)
Tangible Book Value per Share, As Reported NA NA NA NA NA
Common Dividends Declared per Share 0.16 0.15 6.67 0.16 0
EPS after Extra 0.72 0.26 176.92 0.72 0
EPS after Extra Growth(%) 176.90 (45.80) 22,275 bp 16.10 16,079 bp
Core EPS 0.73 0.27 170.37 0.90 (75.56)
Core EPS Growth(%) 169.90 (45.10) 21,506 bp 43.10 12,682 bp
Diluted EPS before Amortization 0.73 0.27 170.37 0.73 0
Pre-Provision Earnings per Share 0.78 1.12 (30.36) 1.01 (91.09)

   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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