Investor Relations

Financial Highlights

Trend Analysis--Quarterly (click here for Annual Analysis)

For the definition of a financial field, click on the field name.

Balance Sheet ($000)
	2013 Q1	2012 Q1	Y-Y Ch (%)	2012 Q4	Q-Q Ch (%)^†
Loans Held for Investment, before Reserves	909,894	746,108	21.95	912,159	(0.99)
Loans Held for Sale, before Reserves	8,556	4,387	95.03	11,983	(114.40)
Loan Loss Reserve	9,770	8,971	8.91	9,923	(6.17)
Net Loans Receivable	908,680	741,524	22.54	914,219	(2.42)
Intangible Assets	38,660	30,238	27.85	38,811	(1.56)
Total Assets	1,231,214	1,094,327	12.51	1,270,477	(12.36)
Deposits	912,407	810,564	12.56	949,341	(15.56)
Debt, Senior and Subordinated	172,156	160,037	7.57	177,969	(13.07)
Common Equity	107,288	88,714	20.94	106,494	2.98
Total Shareholders' Equity	130,288	108,714	19.84	129,494	2.45
Shares Outstanding (actual)	7,064,489	5,835,360	21.06	7,055,946	0.48

Income Statement ($000)
	2013 Q1	2012 Q1	Y-Y Ch (%)	2012 Q4	Q-Q Ch (%)^†
Net Interest Income	8,148	7,108	14.63	7,320	45.25
Provision for Loan Losses	414	155	167.10	444	(27.03)
Noninterest Income	2,915	2,257	29.15	3,247	(40.90)
Noninterest Expense	8,031	7,504	7.02	7,004	58.65
Net Income Before Taxes	2,883	2,968	(2.86)	2,702	26.79
Provision for Taxes	831	886	(6.21)	1,067	(88.47)
Net Income	2,052	2,082	(1.44)	1,635	102.02

Per Share Items ($)
	2013 Q1	2012 Q1	Y-Y Ch (%)	2012 Q4	Q-Q Ch (%)^†
Book Value per Share	15.19	15.20	(0.10)	15.09	2.50
Tangible Book Value	9.71	10.02	(3.06)	9.59	5.09
Diluted EPS Before Extra	0.27	0.31	(12.90)	0.27	0.00
Diluted EPS After Extra	0.27	0.31	(12.90)	0.27	0.00
Dividends Declared	0.1300	0.1300	0.00	0.1300	0.00

Performance Ratios (%)
	2013 Q1	2012 Q1	Y-Y Ch (bp)	2012 Q4	Q-Q Ch (bp)
ROAA	0.66	0.78	(12)	0.55	11
ROAE	6.32	7.66	(134)	5.42	90
Net Interest Margin	2.88	3.05	(17)	2.62	26
Loans / Deposits	99.72	92.05	768	96.08	364
Efficiency Ratio	71.23	76.98	(575)	64.86	637

Balance Sheet Ratios (%)
	2013 Q1	2012 Q1	Y-Y Ch (bp)	2012 Q4	Q-Q Ch (bp)
Tangible Equity/ Tangible Assets	7.68	7.37	31	7.36	32
Equity/ Assets	10.58	9.93	65	10.19	39
Asset Quality Ratios (%)
	2013 Q1	2012 Q1	Y-Y Ch (bp)	2012 Q4	Q-Q Ch (bp)
Nonperforming Assets/ Assets	0.89	1.58	(69)	1.35	(46)
Loan Loss Reserves/ Gross Loans	1.06	1.20	(13)	1.07	(1)
Loan Loss Reserves/ NPAs	49.79	52.05	(226)	38.66	1,112
Net Charge-offs/ Avg Loans	0.25	0.17	8	0.14	10

Regulatory Capital Ratios (%)
	2013 Q1	2012 Q1	Y-Y Ch (bp)	2012 Q4	Q-Q Ch (bp)
Tier 1 Capital Ratio	NA	NA	NA	NA	NA

^† 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.


Copyright 2013, © SNL Financial LC Terms of Use