Financial Highlights

Financial Highlights
2020 FQ1 YTD
3/31/2020
2019 FY
12/31/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
Balance Sheet ($000)
Total Assets 2,299,751 2,231,175 2,077,981 1,170,354 1,032,599
Total Net Loans 1,803,669 1,761,663 1,617,372 903,838 808,700
Total Deposits 1,973,281 1,912,394 1,726,026 1,023,568 935,373
Equity Attributable to Parent Company 239,511 237,874 223,209 75,703 70,467
Total Equity 239,511 237,874 223,209 75,703 70,467
Profitability (%)
Net Income($000) 3,818 17,701 10,596 7,089 7,804
Net Income Attributable to Parent($000) 3,818 17,701 10,596 7,089 7,804
ROAA 0.68 0.82 0.64 0.64 0.78
Core ROAA 0.67 0.80 0.88 0.79 0.72
ROAE 6.39 7.67 6.04 9.48 10.71
ROATCE NA 11.65 8.74 10.13 11.48
Core ROAE 6.30 7.50 8.34 11.62 9.91
Net Interest Margin 3.43 3.57 3.67 3.68 3.82
Reported: Net Interest Margin 3.45 3.57 3.67 3.68 3.82
Efficiency Ratio 75.26 71.55 69.26 68.93 68.15
Noninterest Inc/ Operating Rev 13.69 13.24 10.64 13.10 12.14
Balance Sheet Ratios (%)
Loans/ Deposits 91.12 92.18 94.09 88.94 87.02
Securities/ Assets 8.72 8.02 13.83 17.06 13.18
Total Equity/ Total Assets 10.41 10.66 10.74 6.47 6.82
Tangible Equity/ Tangible Assets 7.67 7.83 7.63 6.13 6.43
Tang Common Equity/ Tang Assets 7.67 7.83 7.63 6.13 6.43
Asset Quality (%)
NPAs/ Assets 0.56 0.54 0.59 0.97 0.56
NPA Excl Restructured/ Assets 0.54 0.52 0.57 0.92 0.47
NPAs & 90+ PD/ Assets 0.56 0.54 0.59 0.97 0.56
NPAs/ Loans & REO 0.71 0.69 0.76 1.24 0.71
Nonaccrual & 90+ & OREO/ Assets 0.54 0.52 0.57 0.92 0.48
NPAs & 90+ PD/ Loans & REO 0.71 0.69 0.76 1.24 0.71
NPA & Loans 90+/ Tangible Common Equity + LLR 7.10 6.80 7.60 14.30 7.93
NCOs/ Avg Loans 0.01 0.02 (0.02) (0.01) 0.11
Loan Loss Reserves/ Gross Loans 0.55 0.54 0.52 0.83 0.88
Reserves/ NPAs 77.80 78.27 68.36 67.26 124.73
Loan Loss Provision/ NCO NM 511.03 NM NM 218.71
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 170,597 168,146 155,662 74,417 70,431
Tier 1 Capital($000) 170,597 168,146 155,662 74,417 70,431
Tier 2 Capital($000) 52,153 36,665 35,638 25,049 14,717
Total Capital($000) 222,750 204,811 191,300 99,466 85,148
Total Risk-weighted Assets($000) 1,777,052 1,715,776 1,556,620 881,059 773,490
Tier 1 Common Capital (CET1) Ratio(%) 9.60 9.80 10 8.45 9.10
Tier 1 Ratio(%) 9.60 9.80 10 8.45 9.10
Total Capital Ratio(%) 12.50 11.90 12.30 11.29 11
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 7.80 7.80 8 6.49 6.80
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 8,484,328 8,480,938 8,459,918 4,242,216 4,233,297
Avg Diluted Shares(actual) 8,485,831 8,492,073 7,091,797 4,252,561 4,239,630
Basic Book Value per Share 28.23 28.05 26.38 17.85 16.65
Book Value per Share, As Reported 28.23 28.05 26.38 17.85 16.65
Basic Tangible Book Value per Share 20.18 19.97 18.12 16.85 15.63
Tangible Book Value per Share, As Reported 20.18 19.96 18.10 16.82 15.59
Common Dividends Declared per Share 0.23 0.79 0.45 0.77 0.68
EPS after Extra 0.45 2.09 1.48 1.67 1.85
EPS after Extra Growth(%) (6.20) 41.20 (11.40) (9.70) 25.90
Core EPS 0.44 2.04 2.05 2.05 1.71
Core EPS Growth(%) NA (0.40) 0.20 19.50 10.30
Diluted EPS before Amortization NA 2.26 1.65 1.69 1.87
Pre-Provision Earnings per Share 0.46 1.95 1.90 1.91 1.69
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