Financial Highlights

Financial Highlights
2019 FQ4
12/31/2019
2018 FQ4
12/31/2018
Y-Y Ch (%)
2019 FQ3
9/30/2019
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 922,579 930,044 (0.80) 907,619 6.59
Total Net Loans 488,980 468,031 4.48 472,671 13.80
Total Deposits 727,656 733,435 (0.79) 709,596 10.18
Equity Attributable to Parent Company 97,320 89,146 9.17 98,108 (3.21)
Total Equity 97,320 89,146 9.17 98,108 (3.21)
Profitability (%)
Net Income($000) 1,407 2,959 (52.45) 2,231 (147.74)
Net Income Attributable to Parent($000) 1,407 2,959 (52.45) 2,231 (147.74)
ROAA 0.61 1.26 (65) bp 0.97 (36) bp
Core ROAA 0.63 1.27 (64) bp 0.98 (35) bp
ROAE 5.76 13.65 (789) bp 9 (324) bp
ROATCE 6.11 14.39 (828) bp 9.46 (335) bp
Core ROAE 5.89 13.82 (793) bp 9.13 (324) bp
Net Interest Margin 3.05 3.07 (2) bp 3.17 (12) bp
Reported: Net Interest Margin 3.03 3 3 bp 3.10 (7) bp
Efficiency Ratio 69.68 61.82 786 bp 62.89 679 bp
Noninterest Inc/ Operating Rev 21.02 39.31 (1,829) bp 20.22 80 bp
Balance Sheet Ratios (%)
Loans/ Deposits 68.80 65.55 325 bp 68.21 59 bp
Securities/ Assets 37.64 38.67 (103) bp 39.04 (140) bp
Total Equity/ Total Assets 10.55 9.59 96 bp 10.81 (26) bp
Tangible Equity/ Tangible Assets 10.23 9.25 98 bp 10.47 (24) bp
Tang Common Equity/ Tang Assets 10.23 9.25 98 bp 10.47 (24) bp
Asset Quality (%)
NPAs/ Assets 0.98 2.22 (124) bp 0.93 5 bp
NPA Excl Restructured/ Assets 0.85 1.53 (68) bp 0.93 (8) bp
NPAs & 90+ PD/ Assets 0.99 2.22 (123) bp 0.93 6 bp
NPAs/ Loans & REO 1.81 4.27 (246) bp 1.73 8 bp
Nonaccrual & 90+ & OREO/ Assets 0.85 1.53 (68) bp 0.93 (8) bp
NPAs & 90+ PD/ Loans & REO 1.81 4.27 (246) bp 1.74 7 bp
NPA & Loans 90+/ Tangible Common Equity + LLR 8.59 20.93 (1,234) bp 7.95 64 bp
NCOs/ Avg Loans 0.22 1.92 (170) bp 2.58 (236) bp
Loan Loss Reserves/ Gross Loans 2.35 2.66 (31) bp 2.35 0 bp
Reserves/ NPAs 129.72 62.10 6,762 bp 135.05 (533) bp
Loan Loss Provision/ NCO 257.35 22.10 23,525 bp 9.61 24,774 bp
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 88,461 88,548 (0.10) 87,442 4.66
Tier 1 Capital($000) 98,461 98,548 (0.09) 97,442 4.18
Tier 2 Capital($000) 7,437 7,498 (0.81) 7,403 1.84
Total Capital($000) 105,898 106,046 (0.14) 104,845 4.02
Total Risk-weighted Assets($000) 590,573 594,522 (0.66) 588,316 1.53
Tier 1 Common Capital (CET1) Ratio(%) 14.98 14.89 9 bp 14.86 12 bp
Tier 1 Ratio(%) 16.67 16.58 9 bp 16.56 11 bp
Total Capital Ratio(%) 17.93 17.84 9 bp 17.82 11 bp
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 10.79 10.50 29 bp 10.59 20 bp
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
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 31.50 28.87 9.11 31.75 (3.15)
Book Value per Share, As Reported 29.68 29.79 (0.37) 29.39 3.95
Basic Tangible Book Value per Share 30.45 27.75 9.73 30.63 (2.35)
Tangible Book Value per Share, As Reported NA NA NA NA NA
Common Dividends Declared per Share 0.17 0.16 6.25 0.16 25
EPS after Extra 0.46 0.96 (52.08) 0.72 (144.44)
EPS after Extra Growth(%) (52.10) 71.40 (12,351) bp 176.90 (22,900) bp
Core EPS 0.47 0.97 (51.55) 0.73 (142.47)
Core EPS Growth(%) (51.50) 34.70 (8,627) bp 169.90 (22,149) bp
Diluted EPS before Amortization 0.47 0.97 (51.55) 0.73 (142.47)
Pre-Provision Earnings per Share 0.63 1.06 (40.57) 0.78 (76.92)

   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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