Financial Highlights
2020 FQ1
3/31/2020
2019 FQ1
3/31/2019
Y-Y Ch (%)
2019 FQ4
12/31/2019
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 1,526,498 1,538,311 (0.77) 1,492,962 8.99
Total Net Loans 1,169,115 1,142,807 2.30 1,156,748 4.28
Total Deposits 1,179,571 1,250,572 (5.68) 1,186,521 (2.34)
Equity Attributable to Parent Company 116,670 104,870 11.25 115,038 5.67
Total Equity 116,670 104,870 11.25 115,038 5.67
Profitability (%)
Net Income($000) 868 4,666 (81.40) 4,068 (314.65)
Net Income Attributable to Parent($000) 868 4,666 (81.40) 4,068 (314.65)
ROAA 0.23 1.21 (98) bp 1.11 (88) bp
Core ROAA 0.23 0.79 (56) bp 1.11 (88) bp
ROAE 2.95 18.15 (1,520) bp 14.28 (1,133) bp
ROATCE 2.95 18.15 (1,520) bp 14.28 (1,133) bp
Core ROAE 2.96 11.78 (882) bp 14.29 (1,133) bp
Net Interest Margin 3.53 3.22 31 bp 3.67 (14) bp
Reported: Net Interest Margin 3.55 3.27 28 bp 3.63 (8) bp
Efficiency Ratio 69.91 71.14 (123) bp 63.71 620 bp
Noninterest Inc/ Operating Rev 15.22 15.24 (2) bp 15.45 (23) bp
Balance Sheet Ratios (%)
Loans/ Deposits 100.08 92.25 783 bp 98.51 157 bp
Securities/ Assets 13.45 14.58 (113) bp 12.12 133 bp
Total Equity/ Total Assets 7.64 6.82 82 bp 7.71 (7) bp
Tangible Equity/ Tangible Assets 7.64 6.82 82 bp 7.71 (7) bp
Tang Common Equity/ Tang Assets 7.64 6.82 82 bp 7.71 (7) bp
Asset Quality (%)
NPAs/ Assets 1.51 1.43 8 bp 1.34 17 bp
NPA Excl Restructured/ Assets 1.35 1.23 12 bp 1.17 18 bp
NPAs & 90+ PD/ Assets 1.53 1.44 9 bp 1.37 16 bp
NPAs/ Loans & REO 1.93 1.89 4 bp 1.70 23 bp
Nonaccrual & 90+ & OREO/ Assets 1.36 1.24 12 bp 1.20 16 bp
NPAs & 90+ PD/ Loans & REO 1.95 1.90 5 bp 1.72 23 bp
NPA & Loans 90+/ Tangible Common Equity + LLR 17.64 19.02 (138) bp 15.99 165 bp
NCOs/ Avg Loans 0.03 (0.02) 5 bp 0 3 bp
Loan Loss Reserves/ Gross Loans 1.32 1.03 29 bp 1.07 25 bp
Reserves/ NPAs 67.86 53.69 1,417 bp 62.17 569 bp
Loan Loss Provision/ NCO NM NM NM NM NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 118,192 109,576 7.86 118,793 (2.02)
Tier 1 Capital($000) 157,082 144,533 8.68 157,139 (0.15)
Tier 2 Capital($000) 24,371 25,048 (2.70) 22,291 37.32
Total Capital($000) 181,453 169,581 7 179,430 4.51
Total Risk-weighted Assets($000) 1,226,248 1,266,859 (3.21) 1,204,867 7.10
Tier 1 Common Capital (CET1) Ratio(%) 9.64 8.65 99 bp 9.86 (22) bp
Tier 1 Ratio(%) 12.81 11.41 140 bp 13.04 (23) bp
Total Capital Ratio(%) 14.80 13.39 141 bp 14.89 (9) bp
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 10.43 9.38 105 bp 10.73 (30) bp
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 6,241,302 6,276,237 (0.56) 6,276,236 (2.23)
Avg Diluted Shares(actual) 6,260,741 6,276,236 (0.25) 6,258,462 0.15
Basic Book Value per Share 18.69 16.71 11.85 18.33 7.86
Book Value per Share, As Reported 18.64 16.75 11.28 18.33 6.76
Basic Tangible Book Value per Share 18.69 16.71 11.85 18.33 7.86
Tangible Book Value per Share, As Reported 18.64 16.75 11.28 18.33 6.76
Common Dividends Declared per Share 0.12 0.10 20 0.12 0
EPS after Extra 0.14 0.74 (81.08) 0.65 (313.85)
EPS after Extra Growth(%) (81.10) 117.80 (19,885) bp 53.60 (13,473) bp
Core EPS 0.14 0.48 (70.83) 0.65 (313.85)
Core EPS Growth(%) (70.80) 46.70 (11,749) bp 76.80 (14,758) bp
Diluted EPS before Amortization 0.14 0.74 (81.08) 0.65 (313.85)
Pre-Provision Earnings per Share 0.55 0.48 14.58 0.67 (71.64)

   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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