Financial Highlights

Financial Highlights
2013 FY
12/31/2013
2014 FY
12/31/2014
2015 FY
12/31/2015
2016 FY
12/31/2016
2017 FQ2 YTD
6/30/2017
Balance Sheet ($000)
Total Assets 693,453 775,044 864,893 913,626 921,243
Total Net Loans 430,768 484,705 567,380 578,145 596,548
Total Deposits 572,893 633,946 714,875 779,771 786,981
Equity Attributable to Parent Company 66,761 76,165 80,909 84,108 89,308
Total Equity 66,761 76,165 80,909 84,108 89,308
Profitability (%)
Net Income($000) 7,118 7,394 7,852 9,142 4,827
Net Income Attributable to Parent($000) 7,118 7,394 7,852 9,142 4,827
ROAA 1.03 0.97 0.96 1.03 1.06
Core ROAA 0.97 0.93 0.95 0.97 0.99
ROAE 10.17 10.14 9.90 10.65 11.15
ROATCE 10.17 10.30 10.25 11.12 11.64
Core ROAE 9.59 9.67 9.81 10.08 10.39
Net Interest Margin 4.25 3.82 3.83 3.63 3.83
Reported: Net Interest Margin 3.98 3.81 3.82 3.85 3.83
Efficiency Ratio 61.41 64.36 65.01 66.75 63.75
Noninterest Inc/ Operating Rev 16.17 17.82 18.66 18.20 17
Balance Sheet Ratios (%)
Loans/ Deposits 76.42 77 80 74.85 76.36
Securities/ Assets 28.66 28.87 27.33 25.90 26.46
Total Equity/ Total Assets 9.63 9.83 9.35 9.21 9.69
Tangible Equity/ Tangible Assets 9.63 9.63 9.03 8.88 9.37
Tang Common Equity/ Tang Assets 9.63 9.63 9.03 8.88 9.37
Asset Quality (%)
NPAs/ Assets 2.06 1.63 1.53 1.10 1.05
NPA Excl Restructured/ Assets 0.88 1.03 1.01 1.09 1.02
NPAs & 90+ PD/ Assets 2.08 1.54 1.57 1.15 1.10
NPAs/ Loans & REO 3.24 2.56 2.28 1.70 1.60
Nonaccrual & 90+ & OREO/ Assets 0.91 1.15 1.05 1.14 1.06
NPAs & 90+ PD/ Loans & REO 3.28 2.42 2.35 1.78 1.66
NPA & Loans 90+/ Tangible Common Equity + LLR 19.52 16.80 16.01 11.88 10.84
NCOs/ Avg Loans 0.39 0.35 0.07 0.09 0.40
Loan Loss Reserves/ Gross Loans 1.64 1.30 1.21 1.31 1.17
Reserves/ NPAs 50.40 50.32 52.69 76.83 72.95
Loan Loss Provision/ NCO 26.75 51.38 263.54 242.45 47.12
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 69,008 72,033 76,402 82,386 85,864
Tier 1 Capital($000) 69,008 72,033 76,402 82,386 85,864
Tier 2 Capital($000) NA NA 6,953 7,698 7,073
Total Capital($000) 75,043 78,394 83,355 90,084 92,937
Total Risk-weighted Assets($000) 481,739 528,213 613,091 631,547 659,496
Tier 1 Common Capital (CET1) Ratio(%) 14.32 13.63 12.46 13.05 13.02
Tier 1 Ratio(%) 14.32 13.63 12.46 13.05 13.02
Total Capital Ratio(%) 15.58 14.84 13.60 14.26 14.09
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 9.97 9.18 9.02 9.16 9.49
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 2,841,164 2,844,167 2,851,417 2,860,157 2,864,007
Avg Diluted Shares(actual) 2,841,990 2,844,033 2,850,801 2,858,556 2,863,847
Basic Book Value per Share 23.50 26.78 28.38 29.41 31.18
As-reported Book Value per Share 23.50 26.78 28.37 29.41 31.18
Basic Tangible Book Value per Share 23.50 26.18 27.29 28.26 30.05
Reported: Tangible Book Value 23.50 NA NA NA NA
Common Dividends Declared per Share 0.85 0.97 1.06 1.11 0.57
EPS after Extra 2.50 2.60 2.75 3.20 1.69
EPS after Extra Growth(%) 3.70 4 5.80 16.40 7.60
Core EPS 2.36 2.48 2.72 3.03 1.57
Core EPS Growth(%) 16.60 5.20 9.90 11.10 6.20
Diluted EPS before Amortization 2.50 2.60 2.76 3.22 1.70
Pre-Provision Earnings per Share 2.13 2.26 2.38 2.76 1.38
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