Financial Highlights Report

Financial Highlights
2020 FQ2 YTD
6/30/2020
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 1,528,867 1,277,358 1,100,613 807,951 575,711
Total Net Loans 1,259,012 1,030,425 917,125 654,339 463,926
Total Deposits 1,342,332 1,071,623 920,137 667,655 473,567
Equity Attributable to Parent Company 140,170 137,034 121,251 68,801 46,395
Total Equity 140,170 137,034 121,251 68,801 46,395
Profitability (%)
Net Income($000) 2,835 13,950 9,209 3,882 3,875
Net Income Attributable to Parent($000) 2,835 13,950 9,209 3,882 3,875
ROAA 0.40 1.19 0.97 0.60 0.75
Core ROAA 0.40 1.19 0.97 0.72 0.75
ROAE 4.03 10.79 10.38 7.45 8.76
ROATCE 4.03 10.79 10.38 7.45 8.76
Core ROAE 4.03 10.79 10.38 8.87 8.76
Net Interest Margin 3.14 3.50 3.41 3.48 3.78
Reported: Net Interest Margin 3.14 3.50 3.41 3.48 3.78
Efficiency Ratio 61.05 57.29 58.06 65.69 69.47
Noninterest Inc/ Operating Rev 11.50 10.97 9.41 9.59 7.60
Balance Sheet Ratios (%)
Loans/ Deposits 94.82 97.05 100.63 98.86 98.80
Securities/ Assets 7.90 9.62 8 10.28 11.72
Total Equity/ Total Assets 9.17 10.73 11.02 8.52 8.06
Tangible Equity/ Tangible Assets 9.17 10.73 11.02 8.52 8.06
Tang Common Equity/ Tang Assets 9.17 10.73 11.02 8.52 8.06
Asset Quality (%)
NPAs/ Assets NA 0.21 0.31 0.44 NA
NPA Excl Restructured/ Assets NA 0.09 0.18 0.25 0.05
NPAs & 90+ PD/ Assets NA 0.21 0.31 0.44 NA
NPAs/ Loans & REO NA 0.26 0.37 0.54 NA
Nonaccrual & 90+ & OREO/ Assets NA 0.09 0.18 0.25 0.06
NPAs & 90+ PD/ Loans & REO NA 0.26 0.37 0.54 NA
NPA & Loans 90+/ Tangible Common Equity + LLR NA 1.83 2.66 4.81 NA
NCOs/ Avg Loans 0.31 0.09 0 0.03 0.08
Loan Loss Reserves/ Gross Loans 1.08 0.92 0.95 0.86 0.85
Reserves/ NPAs NA 356.42 256.05 159.71 NA
Loan Loss Provision/ NCO 333.24 187.05 NM NM 185.88
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA NA 121,621 68,834 46,603
Tier 1 Capital($000) NA NA 121,254 68,834 46,603
Tier 2 Capital($000) NA NA 22,474 19,453 17,280
Total Capital($000) NA NA 143,728 88,287 63,883
Total Risk-weighted Assets($000) NA NA 1,035,072 729,947 502,729
Tier 1 Common Capital (CET1) Ratio(%) NA NA 11.75 9.43 9.27
Tier 1 Ratio(%) NA NA 11.71 9.43 9.27
Total Capital Ratio(%) NA NA 13.89 12.09 12.71
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) NA NA 11.30 9.23 8.65
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 8,263,941 8,260,259 8,177,978 5,745,487 4,488,994
Avg Diluted Shares(actual) 8,275,344 8,251,302 6,652,979 4,778,748 4,469,264
Basic Book Value per Share 16.96 16.59 14.83 11.97 10.34
Book Value per Share, As Reported 16.96 16.59 14.83 11.99 10.33
Basic Tangible Book Value per Share 16.96 16.59 14.83 11.97 10.34
Tangible Book Value per Share, As Reported 16.96 16.59 14.83 11.99 10.33
Common Dividends Declared per Share 0 0 0 0 0
EPS after Extra 0.34 1.69 1.38 0.81 0.87
EPS after Extra Growth(%) (58) 22.50 70.40 (6.50) 78.40
Core EPS 0.34 1.69 1.38 0.96 0.87
Core EPS Growth(%) (58) 22.40 43.10 11.30 90.60
Diluted EPS before Amortization 0.34 1.69 1.38 0.81 0.87
Pre-Provision Earnings per Share 0.88 1.81 1.71 1.10 0.89
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.
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