Financial Highlights

Financial Highlights
2019 FQ1 YTD
3/31/2019
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 1,632,387 1,636,927 1,295,638 1,306,799 1,280,531
Total Net Loans 1,203,008 1,194,577 845,657 816,228 767,809
Total Deposits 1,347,857 1,300,919 1,085,821 1,110,905 1,087,160
Equity Attributable to Parent Company 224,018 218,985 150,271 142,944 140,108
Total Equity 224,018 218,985 150,271 142,944 140,108
Profitability (%)
Net Income($000) 4,627 14,845 12,972 12,482 11,474
Net Income Attributable to Parent($000) 4,627 14,845 12,972 12,482 11,474
ROAA 1.13 1 0.99 0.96 0.94
Core ROAA 1.18 1.19 1 0.95 0.98
ROAE 8.36 7.90 8.74 8.60 8.43
ROATCE 12.22 11.49 11.75 11.73 11.68
Core ROAE 8.71 9.46 8.86 8.56 8.83
Net Interest Margin 3.66 3.63 3.58 3.51 3.64
Reported: Net Interest Margin 3.71 3.63 3.58 3.51 3.64
Efficiency Ratio 63.90 61.42 62.43 61.22 60.60
Noninterest Inc/ Operating Rev 16.76 18.77 19.82 19.52 19.67
Balance Sheet Ratios (%)
Loans/ Deposits 89.56 92.14 78.20 73.80 70.91
Securities/ Assets 16.16 17.22 24.50 28.16 31.78
Total Equity/ Total Assets 13.72 13.38 11.60 10.94 10.94
Tangible Equity/ Tangible Assets 10.23 9.87 9.25 8.54 8.43
Tang Common Equity/ Tang Assets 10.23 9.87 9.25 8.54 8.43
Asset Quality (%)
NPAs/ Assets 0.69 0.84 1.04 1.34 1.27
NPA Excl Restructured/ Assets 0.19 0.20 0.23 0.44 0.20
NPAs & 90+ PD/ Assets 0.70 0.85 1.04 1.34 1.32
NPAs/ Loans & REO 0.93 1.14 1.58 2.13 2.11
Nonaccrual & 90+ & OREO/ Assets 0.20 0.20 0.23 0.44 0.24
NPAs & 90+ PD/ Loans & REO 0.94 1.16 1.58 2.13 2.18
NPA & Loans 90+/ Tangible Common Equity + LLR 6.93 8.70 11.19 15.58 15.58
NCOs/ Avg Loans (0.06) 0.03 0.05 0.06 0.18
Loan Loss Reserves/ Gross Loans 0.34 0.34 0.40 0.44 0.41
Reserves/ NPAs 36.76 29.51 25.33 20.48 19.21
Loan Loss Provision/ NCO NM 329.64 55.56 195.50 100.59
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 158,486 156,326 120,193 112,885 107,706
Tier 1 Capital($000) 158,486 156,326 120,193 112,885 107,706
Tier 2 Capital($000) 4,126 4,046 3,403 3,575 3,129
Total Capital($000) 162,612 160,372 123,596 116,460 110,835
Total Risk-weighted Assets($000) 1,241,544 1,235,502 904,480 868,579 800,465
Tier 1 Common Capital (CET1) Ratio(%) 12.77 12.65 13.29 13 13.46
Tier 1 Ratio(%) 12.77 12.65 13.29 13 13.46
Total Capital Ratio(%) 13.10 12.98 13.66 13.41 13.85
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 10.09 9.96 9.51 8.81 8.62
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 13,314,148 13,295,276 10,023,059 9,998,025 9,925,547
Avg Diluted Shares(actual) 13,287,338 11,942,253 10,012,511 9,976,370 9,811,467
Basic Book Value per Share 16.83 16.47 14.99 14.30 14.12
Book Value per Share, As Reported 16.83 16.47 14.99 14.30 14.12
Basic Tangible Book Value per Share 12.05 11.67 11.64 10.86 10.58
Tangible Book Value per Share, As Reported 12.05 11.67 11.64 10.86 10.58
Common Dividends Declared per Share 0.17 0.65 0.64 0.64 0.64
EPS after Extra 0.35 1.24 1.29 1.25 1.17
EPS after Extra Growth(%) 29.60 (3.90) 3.20 6.80 11.40
Core EPS 0.36 1.48 1.31 1.24 1.23
Core EPS Growth(%) 5.50 13.50 5.10 1.50 4.30
Diluted EPS before Amortization 0.37 1.32 1.36 1.33 1.24
Pre-Provision Earnings per Share 0.33 1.42 1.12 1.11 1.14
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