Financial Highlights

Financial Highlights
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
2015 FY
12/31/2015
2014 FY
12/31/2014
Balance Sheet ($000)
Total Assets 3,541,692 2,767,687 1,854,335 1,269,870 970,503
Total Net Loans 2,716,660 2,127,630 1,266,909 982,026 761,297
Total Deposits 2,671,351 2,084,941 1,462,867 956,054 758,598
Equity Attributable to Parent Company 288,735 224,127 153,942 104,330 96,785
Total Equity 288,735 224,127 153,942 104,330 96,785
Profitability (%)
Net Income($000) 21,900 15,226 12,074 8,929 4,324
Net Income Attributable to Parent($000) 21,900 15,226 12,074 8,929 4,324
ROAA 0.72 0.66 0.74 0.81 0.50
Core ROAA 0.72 0.74 0.73 0.81 0.46
ROAE 8.44 8.54 9.74 8.89 4.61
ROATCE 8.60 8.77 10.12 9.33 4.85
Core ROAE 8.44 9.58 9.64 8.89 4.24
Net Interest Margin 2.25 2.57 2.55 2.87 2.65
Reported: Net Interest Margin 2.25 2.57 2.53 2.87 2.65
Efficiency Ratio 56.93 53.54 57.52 61.58 77.98
Noninterest Inc / Operating Rev 12.33 16.35 25.94 24.80 22.94
Balance Sheet Ratios (%)
Gross Amortised Loans / Deposits 101.68 100.30 85.50 99.77 96.55
Securities / Assets 14.90 18.50 26.01 17.51 14.72
Total Equity / Total Assets 8.15 8.10 8.30 8.22 9.97
Tangible Equity / Tangible Assets 8.03 7.94 8.07 7.88 9.54
Tangible Ordinary Equity / Tangible Assets 8.03 7.94 8.07 7.88 9.54
Asset Quality (%)
NPAs / Assets 0.11 0.23 0.35 0.46 0.61
NPA Excl Restructured / Assets 0.10 0.21 0.31 0.37 0.50
NPAs & 90+ PD / Assets 0.11 0.23 0.35 0.46 0.62
NPAs / Loans & REO 0.14 0.30 0.50 0.59 0.77
Nonaccrual & 90+ & OREO / Assets 0.10 0.21 0.31 0.37 0.50
NPAs & 90+ PD / Loans & REO 0.14 0.30 0.50 0.59 0.78
NPA & Loans 90+ / Tangible Common Equity + LLR 1.30 2.72 4.03 5.42 6.12
NCOs / Avg Loans 0.04 0.05 0.15 (0.07) 0
Loan Loss Reserves / Gross Loans 0.65 0.70 0.86 0.84 0.76
Reserves / NPAs 468.36 235.19 170.04 142.63 97.81
Loan Loss Provision / NCO 402.90 551.76 254.71 NM NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 300,589 224,407 158,479 100,839 92,233
Tier 1 Capital($000) 300,589 224,407 158,479 100,839 92,233
Tier 2 Capital($000) 51,771 51,696 47,559 21,351 NA
Total Capital($000) 352,360 276,103 206,038 122,190 101,033
Total Risk-weighted Assets($000) 2,425,298 1,962,879 1,373,000 997,364 734,708
Tier 1 Common Capital (CET1) Ratio(%) 12.39 11.43 11.54 10.11 12.55
Tier 1 Ratio(%) 12.39 11.43 11.54 10.11 12.55
Total Capital Ratio(%) 14.53 14.07 15.01 12.25 13.75
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 9 8.45 8.65 8.28 9.87
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 10,170,778 8,411,077 6,478,050 4,481,347 4,439,575
Avg Diluted Shares(actual) 9,508,653 7,149,302 5,239,082 4,554,219 4,507,995
Basic Book Value per Share 28.39 26.65 23.76 23.28 21.80
Book Value per Share, As Reported 28.39 26.65 23.76 23.28 21.80
Basic Tangible Book Value per Share 27.93 26.09 23.04 22.24 20.74
Tangible Book Value per Share, As Reported 27.93 26.09 23.04 22.24 20.74
Common Dividends Declared per Share 0.24 0.24 0.24 0.24 0.24
EPS after Extra 2.30 2.13 2.30 1.96 0.96
EPS after Extra Growth(%) 8 (7.40) 17.30 104.20 (36.40)
Core EPS 2.30 2.39 2.28 1.96 0.88
Core EPS Growth(%) (3.70) 4.90 16.20 122.10 (44)
Diluted EPS before Amortization 2.30 2.13 2.30 1.96 0.96
Pre-Provision Earnings per Share 2.31 2.53 2.74 2.23 0.90
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