Financial Highlights

Financial Highlights
2019 FQ2 YTD
6/30/2019
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 2,136,122 2,077,981 1,170,354 1,032,599 931,638
Total Net Loans 1,687,541 1,617,372 903,838 808,700 733,023
Total Deposits 1,778,401 1,726,026 1,023,568 935,373 777,043
Equity Attributable to Parent Company 231,262 223,209 75,703 70,467 70,068
Total Equity 231,262 223,209 75,703 70,467 70,068
Profitability (%)
Net Income($000) 8,480 10,596 7,089 7,804 6,528
Net Income Attributable to Parent($000) 8,480 10,596 7,089 7,804 6,528
ROAA 0.80 0.64 0.64 0.78 0.74
Core ROAA 0.85 0.88 0.79 0.72 0.78
ROAE 7.47 6.04 9.48 10.71 9.16
ROATCE 11.50 8.74 10.13 11.48 9.83
Core ROAE 7.95 8.34 11.62 9.91 9.64
Net Interest Margin 3.66 3.67 3.68 3.82 4.03
Reported: Net Interest Margin 3.69 3.67 3.68 3.82 4.03
Efficiency Ratio 70.16 69.23 68.93 68.15 67.94
Noninterest Inc/ Operating Rev 12.26 10.54 13.10 12.14 10.62
Balance Sheet Ratios (%)
Loans/ Deposits 94.93 94.09 88.94 87.02 94.78
Securities/ Assets 11.73 13.83 17.06 13.18 15.03
Total Equity/ Total Assets 10.83 10.74 6.47 6.82 7.52
Tangible Equity/ Tangible Assets 7.84 7.63 6.13 6.43 7.08
Tang Common Equity/ Tang Assets 7.84 7.63 6.13 6.43 7.08
Asset Quality (%)
NPAs/ Assets 0.33 0.59 0.97 0.56 0.65
NPA Excl Restructured/ Assets 0.31 0.57 0.92 0.47 0.60
NPAs & 90+ PD/ Assets 0.33 0.59 0.97 0.56 0.66
NPAs/ Loans & REO 0.42 0.76 1.24 0.71 0.82
Nonaccrual & 90+ & OREO/ Assets 0.31 0.57 0.92 0.48 0.61
NPAs & 90+ PD/ Loans & REO 0.42 0.76 1.24 0.71 0.83
NPA & Loans 90+/ Tangible Common Equity + LLR 4.13 7.60 14.30 7.93 8.52
NCOs/ Avg Loans 0.03 (0.02) (0.01) 0.11 0.23
Loan Loss Reserves/ Gross Loans 0.52 0.52 0.83 0.88 0.83
Reserves/ NPAs 124.27 68.36 67.26 124.73 101.75
Loan Loss Provision/ NCO 273.15 NM NM 218.71 66.03
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 160,616 155,662 74,417 70,431 64,089
Tier 1 Capital($000) 160,616 155,662 74,417 70,431 64,089
Tier 2 Capital($000) 35,978 35,638 25,049 14,717 13,763
Total Capital($000) 196,594 191,300 99,466 85,148 77,852
Total Risk-weighted Assets($000) 1,638,939 1,556,620 881,059 773,490 704,275
Tier 1 Common Capital (CET1) Ratio(%) 9.80 10 8.45 9.10 9.10
Tier 1 Ratio(%) 9.80 10 8.45 9.10 9.10
Total Capital Ratio(%) 12 12.30 11.29 11 11
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 7.80 8 6.49 6.80 7.10
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 8,465,178 8,459,918 4,242,216 4,233,297 4,226,717
Avg Diluted Shares(actual) 8,461,269 7,071,091 4,236,616 4,229,284 4,106,548
Basic Book Value per Share 27.32 26.38 17.85 16.65 16.58
Book Value per Share, As Reported 27.32 26.38 17.85 16.65 16.58
Basic Tangible Book Value per Share 19.14 18.11 16.85 15.63 15.53
Tangible Book Value per Share, As Reported 19.13 18.10 16.82 15.59 15.49
Common Dividends Declared per Share 0.43 0.45 0.77 0.68 0.44
EPS after Extra 1 1.48 1.67 1.85 1.47
EPS after Extra Growth(%) 58.70 (11.40) (9.70) 25.90 (3.90)
Core EPS 1.06 2.05 2.05 1.71 1.55
Core EPS Growth(%) 19.10 0.20 19.50 10.30 (3.60)
Diluted EPS before Amortization 1.08 1.65 1.69 1.87 1.49
Pre-Provision Earnings per Share 1.01 1.90 1.91 1.69 1.41
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