Financial Highlights


Financial Highlights
2019 FQ2 YTD
6/30/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
2015 FY
12/31/2015
Balance Sheet ($000)
Total Assets 461,827 416,468 335,689 281,997 236,305
Total Net Loans 389,714 342,093 276,503 226,968 184,410
Total Deposits 408,950 371,404 298,613 253,710 209,729
Equity Attributable to Parent Company 43,572 40,564 34,534 24,892 21,754
Total Equity 43,572 40,564 34,534 24,892 21,754
Profitability (%)
Net Income($000) 2,591 5,762 3,283 2,855 2,740
Net Income Attributable to Parent($000) 2,591 5,762 3,283 2,855 2,740
ROAA 1.19 1.51 1.05 1.11 1.33
Core ROAA NA 1.51 1.19 1.11 1.33
ROAE 12.33 15.51 10.31 12.28 14.33
ROATCE NA 15.51 10.31 12.28 14.33
Core ROAE NA 15.51 11.60 12.28 14.33
Net Interest Margin NA 5.23 5.56 5.29 5.52
Reported: Net Interest Margin NA NA NA 5.30 5.50
Efficiency Ratio 58.19 53.24 51.89 55.27 54.39
Noninterest Inc/ Operating Rev 9.10 8.18 7.96 8.24 12.52
Balance Sheet Ratios (%)
Loans/ Deposits NA 93.49 93.95 90.79 89.26
Securities/ Assets 1.17 1 1.84 2.33 2.66
Total Equity/ Total Assets 9.43 9.74 10.29 8.83 9.21
Tangible Equity/ Tangible Assets NA 9.74 10.29 8.83 9.21
Tang Common Equity/ Tang Assets NA 9.74 10.29 8.83 9.21
Asset Quality (%)
NPAs/ Assets NA 0.56 0.44 0.53 0.47
NPA Excl Restructured/ Assets NA 0.55 0.42 0.52 0.45
NPAs & 90+ PD/ Assets NA 0.56 0.44 0.53 0.47
NPAs/ Loans & REO NA 0.67 0.52 0.65 0.59
Nonaccrual & 90+ & OREO/ Assets NA 0.55 0.42 0.52 0.45
NPAs & 90+ PD/ Loans & REO NA 0.67 0.52 0.65 0.59
NPA & Loans 90+/ Tangible Common Equity + LLR NA 5.12 3.82 5.32 4.49
NCOs/ Avg Loans NA 0.34 0.63 0.38 0.24
Loan Loss Reserves/ Gross Loans NA 1.48 1.44 1.47 1.49
Reserves/ NPAs NA 219.35 274.49 224.62 253.72
Loan Loss Provision/ NCO NA 202.52 142.77 176.60 234.24
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA 40,588 34,542 24,899 21,746
Tier 1 Capital($000) NA 40,588 34,542 24,899 21,746
Tier 2 Capital($000) NA 4,743 3,902 3,049 2,560
Total Capital($000) NA 45,331 38,444 27,948 24,306
Total Risk-weighted Assets($000) NA 378,929 311,951 243,568 204,520
Tier 1 Common Capital (CET1) Ratio(%) NA 10.71 11.07 10.22 10.63
Tier 1 Ratio(%) NA 10.71 11.07 10.22 10.63
Total Capital Ratio(%) NA 11.96 12.32 11.47 11.88
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) NA 10.07 10.15 9.34 9.41
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) NA 5,149,699 5,119,951 4,437,208 4,387,799
Avg Diluted Shares(actual) 5,182,000 5,215,585 4,955,133 4,486,453 4,282,578
Basic Book Value per Share NA 7.88 6.74 5.61 4.96
Book Value per Share, As Reported 8.39 7.80 6.74 5.61 5.02
Basic Tangible Book Value per Share NA 7.88 6.74 5.61 4.96
Tangible Book Value per Share, As Reported 8.39 7.80 6.74 5.61 5.02
Common Dividends Declared per Share 0 0 0 0 0
EPS after Extra 0.50 1.10 0.66 0.64 0.64
EPS after Extra Growth(%) 8.70 66.70 3.10 0 9.10
Core EPS NA 1.10 0.74 0.64 0.64
Core EPS Growth(%) NA 48.10 16.10 0 9.40
Diluted EPS before Amortization 0.50 1.10 0.66 0.64 0.64
Pre-Provision Earnings per Share 0.78 1.50 1.07 0.87 0.81
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