Financial Highlights
2017 FQ3 YTD
9/30/2017
2016 FY
12/31/2016
2015 FY
12/31/2015
2014 FY
12/31/2014
2013 FY
12/31/2013
Balance Sheet ($000)
Total Assets 1,864,231 1,848,999 1,706,201 1,573,692 1,533,710
Total Net Loans 1,340,848 1,311,399 1,177,023 1,066,781 930,146
Total Deposits 1,676,918 1,686,038 1,557,224 1,370,536 1,409,047
Equity Attributable to Parent Company 146,051 134,671 125,063 116,258 109,283
Total Equity 146,051 134,671 125,063 116,258 109,283
Profitability (%)
Net Income($000) 13,852 16,896 15,694 14,944 14,140
Net Income Attributable to Parent($000) 13,852 16,896 15,694 14,944 14,140
ROAA 0.99 0.95 0.95 0.98 0.99
Core ROAA 0.99 0.93 0.92 0.93 0.94
ROAE 13.21 12.77 12.91 12.87 13.63
ROATCE 13.11 12.68 12.80 12.91 13.69
Core ROAE 13.21 12.56 12.54 12.27 12.93
Net Interest Margin 3.24 3.21 3.32 3.37 3.41
Reported: Net Interest Margin 3.24 3.21 3.32 3.37 3.38
Efficiency Ratio 66.53 68.03 68.05 67.13 67.47
Noninterest Inc/ Operating Rev 34.59 34.46 32.77 32.64 32.67
Balance Sheet Ratios (%)
Loans/ Deposits 80.86 78.30 76.56 78.86 66.89
Securities/ Assets 23.46 22.30 25.59 27.16 29.61
Total Equity/ Total Assets 7.83 7.28 7.33 7.39 7.13
Tangible Equity/ Tangible Assets 7.81 7.26 7.31 7.36 7.10
Tang Common Equity/ Tang Assets 7.81 7.26 7.31 7.36 7.10
Asset Quality (%)
NPAs/ Assets 0.09 0.08 0.09 0.10 0.10
NPA Excl Restructured/ Assets 0.09 0.08 0.09 0.10 0.10
NPAs & 90+ PD/ Assets 0.09 0.09 0.09 0.10 0.11
NPAs/ Loans & REO 0.13 0.11 0.12 0.15 0.17
Nonaccrual & 90+ & OREO/ Assets 0.09 0.09 0.09 0.10 0.11
NPAs & 90+ PD/ Loans & REO 0.13 0.13 0.12 0.15 0.18
NPA & Loans 90+/ Tangible Common Equity + LLR 1.06 1.12 1.06 1.25 1.40
NCOs/ Avg Loans 0 0 0.01 0 (0.03)
Loan Loss Reserves/ Gross Loans 1.15 1.15 1.27 1.32 1.35
Reserves/ NPAs 917.74 NM NM 880.80 803.29
Loan Loss Provision/ NCO NM 212.90 NM NM NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 154,015 144,003 133,009 122,808 112,881
Tier 1 Capital($000) 154,015 144,003 133,009 122,808 112,881
Tier 2 Capital($000) 15,472 15,138 14,101 NA NA
Total Capital($000) 169,487 159,141 147,110 135,696 123,992
Total Risk-weighted Assets($000) 1,237,558 1,210,907 1,126,993 1,029,674 926,460
Tier 1 Common Capital (CET1) Ratio(%) 12.45 11.89 11.80 11.93 12.18
Tier 1 Ratio(%) 12.45 11.89 11.80 11.93 12.18
Total Capital Ratio(%) 13.70 13.14 13.05 13.18 13.38
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 8.12 7.95 7.75 7.75 7.63
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 4,082,188 4,036,879 4,000,181 3,940,536 3,884,851
Avg Diluted Shares(actual) 4,062,743 4,028,944 3,993,599 3,957,416 3,907,201
Basic Book Value per Share 35.78 33.36 31.26 29.50 28.13
As-reported Book Value per Share 35.78 33.36 31.26 29.50 28.13
Basic Tangible Book Value per Share 35.68 33.26 31.16 29.40 28.02
Reported: Tangible Book Value NA 33.06 31.04 29.31 27.93
Common Dividends Declared per Share 1.39 1.84 1.80 1.68 1.59
EPS after Extra 3.37 4.15 3.93 3.78 3.62
EPS after Extra Growth(%) 9.10 5.60 4 4.40 4.90
Core EPS 3.37 4.08 3.82 3.60 3.43
Core EPS Growth(%) 11.60 6.80 5.90 5 3.90
Diluted EPS before Amortization 3.37 4.15 3.93 3.78 3.62
Pre-Provision Earnings per Share 3.35 4.01 3.85 3.73 3.56
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