Financial Highlights
2017 FQ3
9/30/2017
2016 FQ3
9/30/2016
Y-Y Ch (%)
2017 FQ2
6/30/2017
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 1,791,967 1,706,498 5.01 1,777,298 3.30
Total Net Loans 1,071,081 982,251 9.04 1,042,379 11.01
Total Deposits 1,216,062 1,175,833 3.42 1,210,152 1.95
Equity Attributable to Parent Company 196,463 195,184 0.66 195,070 2.86
Total Equity 196,463 195,184 0.66 195,070 2.86
Profitability (%)
Net Income($000) 3,536 3,593 (1.59) 3,844 (32.05)
Net Income Attributable to Parent($000) 3,536 3,593 (1.59) 3,844 (32.05)
ROAA 0.79 0.85 (6) bp 0.87 (8) bp
Core ROAA 0.80 0.86 (6) bp 0.85 (5) bp
ROAE 7.11 7.27 (16) bp 7.85 (74) bp
ROATCE 9.46 9.72 (26) bp 10.50 (104) bp
Core ROAE 7.15 7.32 (17) bp 7.70 (55) bp
Net Interest Margin 3.08 3.05 3 bp 3.03 5 bp
Reported: Net Interest Margin 3.08 3.05 3 bp 3.03 5 bp
Efficiency Ratio 65.78 63.86 192 bp 63.10 268 bp
Noninterest Inc/ Operating Rev 18.64 21.34 (270) bp 18.74 (10) bp
Balance Sheet Ratios (%)
Loans/ Deposits 88.61 84.14 447 bp 86.64 197 bp
Securities/ Assets 32.16 34.39 (223) bp 33.27 (111) bp
Total Equity/ Total Assets 10.96 11.44 (48) bp 10.98 (2) bp
Tangible Equity/ Tangible Assets 8.48 8.84 (36) bp 8.47 1 bp
Tang Common Equity/ Tang Assets 8.48 8.84 (36) bp 8.47 1 bp
Asset Quality (%)
NPAs/ Assets 1.54 1.20 34 bp 1.51 3 bp
NPA Excl Restructured/ Assets 0.10 0.06 4 bp 0.10 0 bp
NPAs & 90+ PD/ Assets 1.57 1.25 32 bp 1.57 0 bp
NPAs/ Loans & REO 2.56 2.06 50 bp 2.55 1 bp
Nonaccrual & 90+ & OREO/ Assets 0.14 0.11 3 bp 0.17 (3) bp
NPAs & 90+ PD/ Loans & REO 2.62 2.15 47 bp 2.66 (4) bp
NPA & Loans 90+/ Tangible Common Equity + LLR 18.14 13.79 435 bp 18.14 0 bp
NCOs/ Avg Loans (0.02) (0.08) 6 bp (0.04) 2 bp
Loan Loss Reserves/ Gross Loans 0.71 0.79 (8) bp 0.72 (1) bp
Reserves/ NPAs 27.92 38.17 (1,025) bp 28.41 (49) bp
Loan Loss Provision/ NCO NM NM NM NM NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 147,783 140,635 5.08 146,444 3.66
Tier 1 Capital($000) 147,783 140,635 5.08 146,444 3.66
Tier 2 Capital($000) NA 7,800 NA 7,600 NA
Total Capital($000) 155,536 148,435 4.78 154,044 3.87
Total Risk-weighted Assets($000) 1,211,337 1,132,780 1,211,337 1,178,581 1,211,337
Tier 1 Common Capital (CET1) Ratio(%) 12.20 12.41 (21) bp 12.43 (23) bp
Tier 1 Ratio(%) 12.20 12.41 (21) bp 12.43 (23) bp
Total Capital Ratio(%) 12.84 13.10 (26) bp 13.07 (23) bp
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 8.50 8.59 (9) bp 8.50 0 bp
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 7,828,117 7,811,185 0.22 7,838,628 (0.54)
Avg Diluted Shares(actual) 8,040,889 8,011,418 0.37 8,032,350 0.43
Basic Book Value per Share 25.10 24.99 0.44 24.89 3.37
As-reported Book Value per Share 25.01 24.92 0.36 24.81 3.22
Basic Tangible Book Value per Share 18.89 18.75 0.75 18.69 4.28
Common Dividends Declared per Share 0.26 0.25 4 0.25 16
EPS after Extra 0.44 0.45 (2.22) 0.48 (33.33)
EPS after Extra Growth(%) (2.20) (11.80) 954 bp 11.60 (1,385) bp
Core EPS 0.44 0.45 (2.22) 0.47 (25.53)
Core EPS Growth(%) (2.40) (11.80) 932 bp 13.90 (1,635) bp
Diluted EPS before Amortization 0.44 0.46 (4.35) 0.48 (33.33)
Pre-Provision Earnings per Share 0.35 0.36 (2.78) 0.37 (21.62)

   Q-Q Ch(%)= most recent quarter minus prior quarter annualized e.g. [(Q4-Q3)/Q3]*4

  * Percentages presented for individual quarters are annualized by taking the quarter amount and multiplying by four.


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