Financial Highlights
2019 FQ2
6/30/2019
2018 FQ2
6/30/2018
Y-Y Ch (%)
2019 FQ1
3/31/2019
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 1,470,914 1,448,650 1.54 1,538,311 (17.52)
Total Net Loans 1,145,060 1,082,983 5.73 1,142,807 0.79
Total Deposits 1,186,109 1,183,386 0.23 1,250,572 (20.62)
Equity Attributable to Parent Company 109,380 93,133 17.44 104,870 17.20
Total Equity 109,380 93,133 17.44 104,870 17.20
Profitability (%)
Net Income($000) 3,520 2,907 21.09 4,666 (98.24)
Net Income Attributable to Parent($000) 3,520 2,907 21.09 4,666 (98.24)
ROAA 0.95 0.80 15 bp 1.21 (26) bp
Core ROAA 0.95 0.77 18 bp 0.79 16 bp
ROAE 13.16 12.60 56 bp 18.15 (499) bp
ROATCE 13.16 12.60 56 bp 18.15 (499) bp
Core ROAE 13.16 12.23 93 bp 11.78 138 bp
Net Interest Margin 3.49 3.24 25 bp 3.23 26 bp
Reported: Net Interest Margin 3.50 3.25 25 bp 3.26 24 bp
Efficiency Ratio 67.07 72.66 (559) bp 70.96 (389) bp
Noninterest Inc/ Operating Rev 14.86 17.81 (295) bp 15.24 (38) bp
Balance Sheet Ratios (%)
Loans/ Deposits 97.53 92.41 512 bp 92.25 528 bp
Securities/ Assets 14.86 16.35 (149) bp 14.58 28 bp
Total Equity/ Total Assets 7.44 6.43 101 bp 6.82 62 bp
Tangible Equity/ Tangible Assets 7.44 6.43 101 bp 6.82 62 bp
Tang Common Equity/ Tang Assets 7.44 6.43 101 bp 6.82 62 bp
Asset Quality (%)
NPAs/ Assets 1.47 1.62 (15) bp 1.43 4 bp
NPA Excl Restructured/ Assets 1.27 1.35 (8) bp 1.23 4 bp
NPAs & 90+ PD/ Assets 1.48 1.62 (14) bp 1.44 4 bp
NPAs/ Loans & REO 1.85 2.12 (27) bp 1.89 (4) bp
Nonaccrual & 90+ & OREO/ Assets 1.29 1.35 (6) bp 1.24 5 bp
NPAs & 90+ PD/ Loans & REO 1.86 2.12 (26) bp 1.90 (4) bp
NPA & Loans 90+/ Tangible Common Equity + LLR 17.99 22.55 (456) bp 19.02 (103) bp
NCOs/ Avg Loans 0.07 0.07 0 bp (0.02) 9 bp
Loan Loss Reserves/ Gross Loans 1.03 1.02 1 bp 1.03 0 bp
Reserves/ NPAs 55.01 47.74 727 bp 53.69 132 bp
Loan Loss Provision/ NCO 117.92 243.24 (12,532) bp NM NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 112,371 100,867 11.41 109,576 10.20
Tier 1 Capital($000) 148,831 132,937 11.96 144,533 11.89
Tier 2 Capital($000) 23,583 27,302 (13.62) 25,048 (23.40)
Total Capital($000) 172,414 160,239 7.60 169,581 6.68
Total Risk-weighted Assets($000) 1,254,595 1,194,663 5.02 1,266,859 (3.87)
Tier 1 Common Capital (CET1) Ratio(%) 8.96 8.44 52 bp 8.65 31 bp
Tier 1 Ratio(%) 11.86 11.13 73 bp 11.41 45 bp
Total Capital Ratio(%) 13.74 13.41 33 bp 13.39 35 bp
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 10.03 9.09 94 bp 9.38 65 bp
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 6,276,237 6,261,751 0.23 6,276,237 0
Avg Diluted Shares(actual) 6,276,236 6,269,038 0.11 6,276,237 0
Basic Book Value per Share 17.43 14.87 17.22 16.71 17.24
Book Value per Share, As Reported 17.43 14.86 17.29 16.71 17.24
Basic Tangible Book Value per Share 17.43 14.87 17.22 16.71 17.24
Tangible Book Value per Share, As Reported 17.43 14.86 17.29 16.71 17.24
Common Dividends Declared per Share 0.12 0.18 (33.33) 0.10 80
EPS after Extra 0.56 0.46 21.74 0.74 (97.30)
EPS after Extra Growth(%) 21.30 51.30 (2,994) bp 122.40 (10,111) bp
Core EPS 0.56 0.45 24.44 0.48 66.67
Core EPS Growth(%) 25 46.80 (2,186) bp 49.80 (2,484) bp
Diluted EPS before Amortization 0.56 0.46 21.74 0.74 (97.30)
Pre-Provision Earnings per Share 0.58 0.44 31.82 0.48 83.33

   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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