Financial Highlights


Financial Highlights
2020 FY
12/31/2020
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 761,136 507,378 416,468 335,689 281,997
Total Net Loans 572,607 437,449 342,093 276,503 226,968
Total Deposits 657,136 451,467 371,404 298,613 253,710
Equity Attributable to Parent Company 63,134 46,826 40,564 34,534 24,892
Total Equity 63,134 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) 7,933 5,616 5,762 3,283 2,855
Net Income Attributable to Parent($000) 7,933 5,616 5,762 3,283 2,855
ROAA 1.16 1.22 1.52 1.05 1.11
Core ROAA 1.16 1.22 1.52 1.19 1.11
ROAE 14.43 13.01 16.47 10.31 12.28
ROATCE 14.43 13.01 16.47 10.31 12.28
Core ROAE 14.43 13.01 16.47 11.60 12.28
Net Interest Margin 4.26 5.50 5.53 5.40 5.29
Reported: Net Interest Margin NA 5.50 5.53 5.40 5.30
Efficiency Ratio 52.04 58.68 53.24 51.89 55.27
Noninterest Inc/ Operating Rev 5.67 7.13 8.18 7.96 8.24
Balance Sheet Ratios (%)
Loans/ Deposits 88.38 98.36 93.49 93.95 90.79
Securities/ Assets 1.71 1.08 1 1.84 2.33
Total Equity/ Total Assets 8.29 9.23 9.74 10.29 8.83
Tangible Equity/ Tangible Assets 8.29 9.23 9.74 10.29 8.83
Tang Common Equity/ Tang Assets 8.29 9.23 9.74 10.29 8.83
Asset Quality (%)
NPAs/ Assets 0.26 0.25 0.56 0.44 0.53
NPA Excl Restructured/ Assets 0.26 0.17 0.55 0.42 0.52
NPAs & 90+ PD/ Assets 0.26 0.25 0.56 0.44 0.53
NPAs/ Loans & REO 0.34 0.29 0.67 0.52 0.65
Nonaccrual & 90+ & OREO/ Assets 0.26 0.17 0.55 0.42 0.52
NPAs & 90+ PD/ Loans & REO 0.34 0.29 0.67 0.52 0.65
NPA & Loans 90+/ Tangible Common Equity + LLR 2.79 2.42 5.12 3.82 5.32
NCOs/ Avg Loans 0.40 0.39 0.34 0.63 0.38
Loan Loss Reserves/ Gross Loans 1.41 1.49 1.48 1.44 1.47
Reserves/ NPAs 411.01 510.29 219.35 274.49 224.62
Loan Loss Provision/ NCO 171.52 195.14 202.52 142.77 176.60
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 63,117 46,822 40,588 34,542 24,899
Tier 1 Capital($000) 63,117 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($000) NA 478,103 378,929 311,951 243,568
Tier 1 Common Capital (CET1) Ratio(%) NA 9.79 10.71 11.07 10.22
Tier 1 Ratio(%) NA 9.79 10.71 11.07 10.22
Total Capital Ratio(%) NA 11.05 11.96 12.32 11.47
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 8.61 9.39 10.07 10.15 9.34
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 6,024,237 5,192,085 5,149,699 5,119,951 4,437,208
Avg Diluted Shares(actual) 5,748,551 5,230,560 5,215,585 4,955,133 4,486,453
Basic Book Value per Share 10.48 9.02 7.88 6.74 5.61
Book Value per Share, As Reported 10.48 9.02 7.88 6.74 5.61
Basic Tangible Book Value per Share 10.48 9.02 7.88 6.74 5.61
Tangible Book Value per Share, As Reported 10.48 9.02 7.88 6.74 5.61
Common Dividends Declared per Share 0 0 0 0 0
EPS after Extra 1.38 1.07 1.10 0.66 0.63
EPS after Extra Growth(%) 29 (2.70) 66.70 4.80 0
Core EPS 1.38 1.07 1.10 0.74 0.63
Core EPS Growth(%) 28.90 (2.70) 48.10 17.90 0
Diluted EPS before Amortization 1.38 1.07 1.10 0.66 0.63
Pre-Provision Earnings per Share 1.99 1.58 1.50 1.07 0.86
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