Financial Highlights

Financial Highlights
2018 FQ3
9/30/2018
2017 FQ3
9/30/2017
Y-Y Ch (%)
2018 FQ2
6/30/2018
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 986,969 944,766 4.47 936,454 21.58
Total Net Loans 477,946 492,575 (2.97) 495,345 (14.05)
Total Deposits 776,089 748,566 3.68 734,765 22.50
Equity Attributable to Parent Company 89,496 87,148 2.69 85,035 20.98
Total Equity 89,496 87,148 2.69 85,035 20.98
Profitability (%)
Net Income($000) 804 1,489 (46) 1,907 (231.36)
Net Income Attributable to Parent($000) 804 1,489 (46) 1,907 (231.36)
ROAA 0.32 0.64 (32) bp 0.83 (51) bp
Core ROAA 0.34 0.66 (32) bp 0.85 (51) bp
ROAE 3.69 6.86 (317) bp 8.83 (514) bp
ROATCE 4 7.29 (329) bp 9.37 (537) bp
Core ROAE 3.84 7.05 (321) bp 8.99 (515) bp
Net Interest Margin 2.99 3.10 (11) bp 2.99 0 bp
Reported: Net Interest Margin 2.89 2.98 (9) bp 2.97 (8) bp
Efficiency Ratio 60.11 75.12 (1,501) bp 57.93 218 bp
Noninterest Inc/ Operating Rev 38.55 39.66 (111) bp 40.72 (217) bp
Balance Sheet Ratios (%)
Loans/ Deposits 63.47 67.03 (356) bp 68.92 (545) bp
Securities/ Assets 37.04 38.38 (134) bp 38.51 (147) bp
Total Equity/ Total Assets 9.07 9.22 (15) bp 9.08 (1) bp
Tangible Equity/ Tangible Assets 8.75 8.87 (12) bp 8.74 1 bp
Tang Common Equity/ Tang Assets 8.75 8.87 (12) bp 8.74 1 bp
Asset Quality (%)
NPAs/ Assets 2.32 1.04 128 bp 1.62 70 bp
NPA Excl Restructured/ Assets 1.67 0.98 69 bp 0.93 74 bp
NPAs & 90+ PD/ Assets 2.32 1.05 127 bp 1.63 69 bp
NPAs/ Loans & REO 4.63 1.95 268 bp 3 163 bp
Nonaccrual & 90+ & OREO/ Assets 1.67 1 67 bp 0.94 73 bp
NPAs & 90+ PD/ Loans & REO 4.63 1.97 266 bp 3.01 162 bp
NPA & Loans 90+/ Tangible Common Equity + LLR 22.73 10.70 1,203 bp 16.47 626 bp
NCOs/ Avg Loans 0.04 0.14 (10) bp 0.29 (25) bp
Loan Loss Reserves/ Gross Loans 2.97 1.85 112 bp 2.22 75 bp
Reserves/ NPAs 64.01 94.60 (3,059) bp 73.85 (984) bp
Loan Loss Provision/ NCO NM 223.46 NM 602.49 NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 86,115 80,768 6.62 85,641 2.21
Tier 1 Capital($000) 96,115 90,768 5.89 95,641 1.98
Tier 2 Capital($000) 7,695 7,829 (1.71) 7,771 (3.91)
Total Capital($000) 103,810 98,597 5.29 103,412 1.54
Total Risk-weighted Assets($000) 608,048 625,255 (2.75) 618,220 (6.58)
Tier 1 Common Capital (CET1) Ratio(%) 14.16 12.92 124 bp 13.85 31 bp
Tier 1 Ratio(%) 15.81 14.52 129 bp 15.47 34 bp
Total Capital Ratio(%) 17.07 15.77 130 bp 16.73 34 bp
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 9.72 9.85 (13) bp 10.45 (73) bp
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
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 28.99 28.24 2.66 27.54 21.06
Book Value per Share, As Reported 28.99 27.30 6.19 28.87 1.66
Basic Tangible Book Value per Share 27.87 27.06 2.99 26.41 22.11
Tangible Book Value per Share, As Reported NA NA NA NA NA
Common Dividends Declared per Share 0.15 0.14 7.14 0.15 0
EPS after Extra 0.26 0.48 (45.83) 0.62 (232.26)
EPS after Extra Growth(%) (45.80) (35.10) (1,069) bp (6.10) (3,977) bp
Core EPS 0.27 0.49 (44.90) 0.63 (228.57)
Core EPS Growth(%) (45.10) (34.20) (1,096) bp (5.60) (3,949) bp
Diluted EPS before Amortization 0.27 0.49 (44.90) 0.63 (228.57)
Pre-Provision Earnings per Share 1.12 0.53 111.32 1.16 (13.79)

   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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