Financial Highlights

Financial Highlights
2018 FQ1 YTD
3/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
2015 FY
12/31/2015
2014 FY
12/31/2014
Balance Sheet ($000)
Total Assets 1,391,217 1,170,354 1,032,599 931,638 755,657
Total Net Loans 1,000,820 903,838 808,700 733,023 564,817
Total Deposits 1,212,423 1,023,568 935,373 777,043 637,922
Equity Attributable to Parent Company 139,124 75,703 70,467 70,068 59,130
Total Equity 139,124 75,703 70,467 70,068 59,130
Profitability (%)
Net Income($000) 1,004 7,089 7,804 6,528 5,701
Net Income Attributable to Parent($000) 1,004 7,089 7,804 6,528 5,701
ROAA 0.29 0.64 0.78 0.74 0.78
Core ROAA 0.71 0.79 0.72 0.78 0.81
ROAE 2.74 9.48 10.71 9.16 9.95
ROATCE 3.66 10.13 11.48 9.83 10.55
Core ROAE 6.71 11.62 9.91 9.64 10.45
Net Interest Margin 3.47 3.68 3.82 4.03 3.99
Reported: Net Interest Margin 3.52 3.68 3.82 4.03 3.99
Efficiency Ratio 73.23 68.92 68.14 67.94 63.47
Noninterest Inc/ Operating Rev 12.46 13.07 12.09 10.62 10.63
Balance Sheet Ratios (%)
Loans/ Deposits 83.07 88.94 87.02 94.78 89.57
Securities/ Assets 18.44 17.02 13.18 15.03 19.16
Total Equity/ Total Assets 10 6.47 6.82 7.52 7.82
Tangible Equity/ Tangible Assets 8.18 6.13 6.43 7.08 7.70
Tang Common Equity/ Tang Assets 8.18 6.13 6.43 7.08 7.04
Asset Quality (%)
NPAs/ Assets 0.98 0.97 0.56 0.65 1.52
NPA Excl Restructured/ Assets 0.94 0.92 0.47 0.60 1.25
NPAs & 90+ PD/ Assets 0.98 0.97 0.56 0.66 1.52
NPAs/ Loans & REO 1.35 1.24 0.71 0.82 2.01
Nonaccrual & 90+ & OREO/ Assets 0.94 0.92 0.48 0.61 1.25
NPAs & 90+ PD/ Loans & REO 1.35 1.24 0.71 0.83 2.01
NPA & Loans 90+/ Tangible Common Equity + LLR 11.42 14.30 7.93 8.52 19.23
NCOs/ Avg Loans 0.03 (0.01) 0.11 0.23 0.22
Loan Loss Reserves/ Gross Loans 0.76 0.83 0.88 0.83 1.18
Reserves/ NPAs 56.31 67.26 124.73 101.75 58.36
Loan Loss Provision/ NCO 192.31 NM 218.71 66.03 132.76
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 115,484 74,417 70,431 64,089 51,560
Tier 1 Capital($000) 115,484 74,417 70,431 64,089 56,560
Tier 2 Capital($000) 25,108 25,049 14,717 13,763 NA
Total Capital($000) 140,592 99,466 85,148 77,852 63,336
Total Risk-weighted Assets($000) 996,646 881,059 773,490 704,275 557,372
Tier 1 Common Capital (CET1) Ratio(%) 11.59 8.45 9.10 9.10 9.25
Tier 1 Ratio(%) 11.59 8.45 9.10 9.10 10.15
Total Capital Ratio(%) 14.11 11.29 11 11 11.36
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 8.52 6.49 6.80 7.10 7.43
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 6,122,717 4,242,216 4,233,297 4,226,717 3,497,829
Avg Diluted Shares(actual) 5,974,949 4,236,616 4,229,284 4,106,548 3,495,705
Basic Book Value per Share 22.72 17.85 16.65 16.58 15.48
As-reported Book Value per Share 22.72 17.85 16.65 16.58 15.48
Basic Tangible Book Value per Share 18.22 16.85 15.63 15.53 15.18
Reported: Tangible Book Value 18.21 16.82 15.59 15.49 15.13
Common Dividends Declared per Share 0 0.77 0.68 0.44 0.45
EPS after Extra 0.17 1.67 1.85 1.47 1.53
EPS after Extra Growth(%) (63.80) (9.70) 25.90 (3.90) 15.90
Core EPS 0.42 2.05 1.71 1.55 1.61
Core EPS Growth(%) (17.70) 19.50 10.30 (3.60) 25
Diluted EPS before Amortization 0.21 1.69 1.87 1.49 1.54
Pre-Provision Earnings per Share 0.39 1.91 1.69 1.41 1.61
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