Financial Highlights
2020 FQ2
6/30/2020
2019 FQ2
6/30/2019
Y-Y Ch (%)
2020 FQ1
3/31/2020
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 1,683,736 1,470,914 14.47 1,526,498 41.20
Total Net Loans 1,273,034 1,145,060 11.18 1,169,115 35.55
Total Deposits 1,327,633 1,186,109 11.93 1,179,571 50.21
Equity Attributable to Parent Company 120,031 109,380 9.74 116,670 11.52
Total Equity 120,031 109,380 9.74 116,670 11.52
Profitability (%)
Net Income($000) 3,282 3,520 (6.76) 868 1,112.44
Net Income Attributable to Parent($000) 3,282 3,520 (6.76) 868 1,112.44
ROAA 0.80 0.95 (15) bp 0.23 57 bp
Core ROAA 0.80 0.95 (15) bp 0.23 57 bp
ROAE 11.06 13.16 (210) bp 2.95 811 bp
ROATCE 11.06 13.16 (210) bp 2.95 811 bp
Core ROAE 11.04 13.16 (212) bp 2.96 808 bp
Net Interest Margin 3.45 3.49 (4) bp 3.53 (8) bp
Reported: Net Interest Margin 3.46 3.50 (4) bp 3.55 (9) bp
Efficiency Ratio 68.25 67.07 118 bp 69.91 (166) bp
Noninterest Inc/ Operating Rev 16.49 14.86 163 bp 15.22 127 bp
Balance Sheet Ratios (%)
Loans/ Deposits 96.46 97.53 (107) bp 100.08 (362) bp
Securities/ Assets 11.82 14.86 (304) bp 13.45 (163) bp
Total Equity/ Total Assets 7.13 7.44 (31) bp 7.64 (51) bp
Tangible Equity/ Tangible Assets 7.13 7.44 (31) bp 7.64 (51) bp
Tang Common Equity/ Tang Assets 7.13 7.44 (31) bp 7.64 (51) bp
Asset Quality (%)
NPAs/ Assets 1.42 1.47 (5) bp 1.51 (9) bp
NPA Excl Restructured/ Assets 1.27 1.27 0 bp 1.35 (8) bp
NPAs & 90+ PD/ Assets 1.42 1.48 (6) bp 1.53 (11) bp
NPAs/ Loans & REO 1.83 1.85 (2) bp 1.93 (10) bp
Nonaccrual & 90+ & OREO/ Assets 1.27 1.29 (2) bp 1.36 (9) bp
NPAs & 90+ PD/ Loans & REO 1.84 1.86 (2) bp 1.95 (11) bp
NPA & Loans 90+/ Tangible Common Equity + LLR 17.50 17.99 (49) bp 17.64 (14) bp
NCOs/ Avg Loans (0.01) 0.07 (8) bp 0.03 (4) bp
Loan Loss Reserves/ Gross Loans 1.29 1.03 26 bp 1.32 (3) bp
Reserves/ NPAs 69.67 55.01 1,466 bp 67.86 181 bp
Loan Loss Provision/ NCO NM 117.92 NM NM NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 120,635 112,371 7.35 118,192 8.27
Tier 1 Capital($000) 160,645 148,831 7.94 157,082 9.07
Tier 2 Capital($000) 23,744 23,583 0.68 24,371 (10.29)
Total Capital($000) 184,389 172,414 6.95 181,453 6.47
Total Risk-weighted Assets($000) 1,259,287 1,254,595 0.37 1,226,248 10.78
Tier 1 Common Capital (CET1) Ratio(%) 9.58 8.96 62 bp 9.64 (6) bp
Tier 1 Ratio(%) 12.76 11.86 90 bp 12.81 (5) bp
Total Capital Ratio(%) 14.64 13.74 90 bp 14.80 (16) bp
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 9.82 10.03 (21) bp 10.43 (61) bp
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 6,236,200 6,276,237 (0.64) 6,510,603 (16.86)
Avg Diluted Shares(actual) 6,485,648 6,525,684 (0.61) 6,676,923 (11.46)
Basic Book Value per Share 19.25 17.43 10.44 17.92 29.69
Book Value per Share, As Reported 18.47 17.43 5.97 17.92 12.28
Basic Tangible Book Value per Share 19.25 17.43 10.44 17.92 29.69
Tangible Book Value per Share, As Reported 18.47 17.43 5.97 17.92 12.28
Common Dividends Declared per Share 0.12 0.11 9.09 0.12 0
EPS after Extra 0.51 0.54 (5.56) 0.13 1,169.23
EPS after Extra Growth(%) (5.60) 17 (2,256) bp (82.40) 7,688 bp
Core EPS 0.51 0.54 (5.56) 0.13 1,169.23
Core EPS Growth(%) (5.70) 20.50 (2,625) bp (72.90) 6,717 bp
Diluted EPS before Amortization 0.51 0.54 (5.56) 0.13 1,169.23
Pre-Provision Earnings per Share 0.60 0.56 7.14 0.51 70.59

   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.


Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.