Financial Highlights


Financial Highlights
2020 FQ3 YTD
9/30/2020
2019 FY
12/31/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
Balance Sheet ($000)
Total Assets 758,725 507,378 416,468 335,689 281,997
Total Net Loans 601,009 437,449 342,093 276,503 226,968
Total Deposits 626,462 451,467 371,404 298,613 253,710
Equity Attributable to Parent Company 59,552 46,826 40,564 34,534 24,892
Total Equity 59,552 46,826 40,564 34,534 24,892
COVID-19 Financial Disclosure
Paycheck Protection Program Loan($000) NA NA NA NA NA
PPP Loan Ratio(%) NA NA NA NA NA
COVID-19 Loan Modification($000) NA NA NA NA NA
COVID-19 Loan Modification Ratio(%) NA NA NA NA NA
Processing Fees on PPP Loans($000) NA NA NA NA NA
Profitability (%)
Net Income($000) 4,444 5,619 5,762 3,283 2,855
Net Income Attributable to Parent($000) 4,444 5,619 5,762 3,283 2,855
ROAA 0.91 1.22 1.52 1.05 1.11
Core ROAA 0.91 1.23 1.52 1.19 1.11
ROAE 11.21 13.01 16.47 10.31 12.28
ROATCE 11.21 13.02 16.47 10.31 12.28
Core ROAE 11.21 13.02 16.47 11.60 12.28
Net Interest Margin 4.12 5.50 5.53 5.40 5.29
Reported: Net Interest Margin NA 5.50 5.53 5.40 5.30
Efficiency Ratio 55.43 58.68 53.24 51.89 55.27
Noninterest Inc/ Operating Rev 4.17 7.13 8.18 7.96 8.24
Balance Sheet Ratios (%)
Loans/ Deposits 97.19 98.36 93.49 93.95 90.79
Securities/ Assets 1.64 1.08 1 1.84 2.33
Total Equity/ Total Assets 7.85 9.23 9.74 10.29 8.83
Tangible Equity/ Tangible Assets 7.85 9.23 9.74 10.29 8.83
Tang Common Equity/ Tang Assets 7.85 9.23 9.74 10.29 8.83
Asset Quality (%)
NPAs/ Assets 0.77 0.25 0.56 0.44 0.53
NPA Excl Restructured/ Assets 0.73 0.17 0.55 0.42 0.52
NPAs & 90+ PD/ Assets 0.77 0.25 0.56 0.44 0.53
NPAs/ Loans & REO 0.97 0.29 0.67 0.52 0.65
Nonaccrual & 90+ & OREO/ Assets 0.73 0.17 0.55 0.42 0.52
NPAs & 90+ PD/ Loans & REO 0.97 0.29 0.67 0.52 0.65
NPA & Loans 90+/ Tangible Common Equity + LLR 8.72 2.42 5.12 3.82 5.32
NCOs/ Avg Loans 0.50 0.39 0.34 0.63 0.38
Loan Loss Reserves/ Gross Loans 1.29 1.49 1.48 1.44 1.47
Reserves/ NPAs 133.66 510.29 219.35 274.49 224.62
Loan Loss Provision/ NCO 162.43 194.88 202.52 142.77 176.60
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 59,537 46,822 40,588 34,542 24,899
Tier 1 Capital($000) 59,537 46,822 40,588 34,542 24,899
Tier 2 Capital($000) NA 5,985 4,743 3,902 3,049
Total Capital($000) NA 52,807 45,331 38,444 27,948
Total Risk-weighted Assets($000) NA 478,103 378,929 311,951 243,568
Tier 1 Common Capital (CET1) Ratio(%) NA 9.79 10.71 11.07 10.22
Tier 1 Ratio(%) NA 9.79 10.71 11.07 10.22
Total Capital Ratio(%) NA 11.05 11.96 12.32 11.47
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 8.49 9.39 10.07 10.15 9.34
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 6,003,226 5,192,085 5,149,699 5,119,951 4,437,208
Avg Diluted Shares(actual) 5,782,851 5,230,560 5,215,585 4,955,133 4,486,453
Basic Book Value per Share 9.92 9.02 7.88 6.74 5.61
Book Value per Share, As Reported 9.92 9.02 7.88 6.74 5.61
Basic Tangible Book Value per Share 9.92 9.02 7.88 6.74 5.61
Tangible Book Value per Share, As Reported 9.92 9.02 7.88 6.74 5.61
Common Dividends Declared per Share 0 0 0 0 0
EPS after Extra 0.79 1.07 1.10 0.66 0.63
EPS after Extra Growth(%) (2.50) (2.70) 66.70 4.80 0
Core EPS 0.79 1.07 1.10 0.74 0.63
Core EPS Growth(%) (2.50) (2.70) 48.10 17.90 0
Diluted EPS before Amortization 0.79 1.07 1.10 0.66 0.63
Pre-Provision Earnings per Share 1.30 1.58 1.50 1.07 0.86
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