Financial Highlights

Financial Highlights
2020 FQ1
3/31/2020
2019 FQ1
3/31/2019
Y-Y Ch (%)
2019 FQ4
12/31/2019
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 919,405 921,021 (0.18) 922,579 (1.38)
Total Net Loans 479,094 462,990 3.48 488,980 (8.09)
Total Deposits 724,901 732,226 (1) 727,656 (1.51)
Equity Attributable to Parent Company 100,051 94,100 6.32 97,319 11.23
Total Equity 100,051 94,100 6.32 97,319 11.23
Profitability (%)
Net Income($000) 2,075 2,460 (15.65) 1,407 189.91
Net Income Attributable to Parent($000) 2,075 2,460 (15.65) 1,407 189.91
ROAA 0.90 1.05 (15) bp 0.61 29 bp
Core ROAA 0.92 1.07 (15) bp 0.63 29 bp
ROAE 8.41 10.74 (233) bp 5.76 265 bp
ROATCE 8.84 11.31 (247) bp 6.12 272 bp
Core ROAE 8.54 10.88 (234) bp 5.91 263 bp
Net Interest Margin 3.03 2.99 4 bp 3.05 (2) bp
Reported: Net Interest Margin 3.05 2.94 11 bp 3.03 2 bp
Efficiency Ratio 65.28 61.84 344 bp 69.39 (411) bp
Noninterest Inc/ Operating Rev 19.99 42.72 (2,273) bp 20.40 (41) bp
Balance Sheet Ratios (%)
Loans/ Deposits 67.73 65.11 262 bp 68.80 (107) bp
Securities/ Assets 39.48 39.28 20 bp 37.64 184 bp
Total Equity/ Total Assets 10.88 10.22 66 bp 10.55 33 bp
Tangible Equity/ Tangible Assets 10.57 9.89 68 bp 10.23 34 bp
Tang Common Equity/ Tang Assets 10.57 9.89 68 bp 10.23 34 bp
Asset Quality (%)
NPAs/ Assets NA 2.18 NA 0.98 NA
NPA Excl Restructured/ Assets 0.99 1.49 (50) bp 0.85 14 bp
NPAs & 90+ PD/ Assets NA 2.18 NA 0.99 NA
NPAs/ Loans & REO NA 4.19 NA 1.81 NA
Nonaccrual & 90+ & OREO/ Assets 0.99 1.49 (50) bp 0.85 14 bp
NPAs & 90+ PD/ Loans & REO NA 4.19 NA 1.81 NA
NPA & Loans 90+/ Tangible Common Equity + LLR NA 19.18 NA 8.59 NA
NCOs/ Avg Loans 0.21 (0.04) 25 bp 0.22 (1) bp
Loan Loss Reserves/ Gross Loans 2.43 2.90 (47) bp 2.35 8 bp
Reserves/ NPAs NA 69.08 NA 129.81 NA
Loan Loss Provision/ NCO 156.86 NM NM 257.35 (10,049) bp
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 90,213 90,635 (0.47) 88,461 7.92
Tier 1 Capital($000) 100,213 100,635 (0.42) 98,461 7.12
Tier 2 Capital($000) 7,348 7,404 (0.76) 7,437 (4.79)
Total Capital($000) 107,561 108,039 (0.44) 105,898 6.28
Total Risk-weighted Assets($000) 583,267 585,908 (0.45) 590,322 (4.78)
Tier 1 Common Capital (CET1) Ratio(%) 15.47 15.47 0 bp 14.98 49 bp
Tier 1 Ratio(%) 17.18 17.18 0 bp 16.67 51 bp
Total Capital Ratio(%) 18.44 18.44 0 bp 17.93 51 bp
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 10.93 10.79 14 bp 10.79 14 bp
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 3,094,598 3,089,773 0.16 3,089,773 0.62
Avg Diluted Shares(actual) 3,097,014 3,075,000 0.72 3,089,773 0.94
Basic Book Value per Share 32.33 30.46 6.14 31.50 10.54
Book Value per Share, As Reported 30.19 30.43 (0.79) 29.68 6.87
Basic Tangible Book Value per Share 31.29 29.36 6.57 30.43 11.30
Tangible Book Value per Share, As Reported NA NA NA NA NA
Common Dividends Declared per Share 0.17 0.16 6.25 0.17 0
EPS after Extra 0.67 0.80 (16.25) 0.46 182.61
EPS after Extra Growth(%) (16.30) (9.10) (716) bp (52.10) 3,583 bp
Core EPS 0.68 0.81 (16.05) 0.47 178.72
Core EPS Growth(%) (16) (8.70) (729) bp (33.70) 1,762 bp
Diluted EPS before Amortization 0.68 0.81 (16.05) 0.48 166.67
Pre-Provision Earnings per Share 0.72 1.07 (32.71) 0.63 57.14

   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.


Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.