Financial Highlights
Custom Periods
Period Ended
2019 FY
12/31/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
2015 FY
12/31/2015
Balance Sheet ($000)
Total Assets 2,798,847 2,244,374 2,388,460 2,386,398 2,462,276
Total Net Loans 2,096,298 1,756,817 1,797,908 1,835,000 1,686,308
Total Deposits 2,329,912 1,855,750 1,929,891 1,841,338 1,873,259
Equity Attributable to Parent Company 428,819 332,857 350,714 339,057 343,017
Total Equity 428,819 332,857 350,714 339,057 343,017
Profitability (%)
Net Income($000) 38,802 36,340 21,485 25,126 24,540
Net Income Attributable to Parent($000) 38,802 36,340 21,485 25,126 24,540
ROAA 1.75 1.56 0.91 1.02 0.97
Core ROAA 1.61 1.59 1.22 1.07 0.97
ROAE 11.54 10.64 6.14 7.42 7.05
ROATCE 16.94 15.92 8.97 11.13 10.53
Core ROAE 10.64 10.88 8.25 7.74 7.03
Net Interest Margin 4.59 4.41 4.23 4.01 3.93
Reported: Net Interest Margin 4.59 4.41 4.23 4.01 3.93
Efficiency Ratio 56.95 55.29 56.75 60.50 62.41
Noninterest Inc/ Operating Rev 23 22.95 22.12 22.97 23.95
Balance Sheet Ratios (%)
Loans/ Deposits 90.75 95.65 94.16 100.63 91.10
Securities/ Assets 6.51 8.38 8.43 9.41 18.29
Total Equity/ Total Assets 15.32 14.83 14.68 14.21 13.93
Tangible Equity/ Tangible Assets 10.93 10.95 10.88 10.34 10.07
Tang Common Equity/ Tang Assets 10.93 10.95 10.88 10.34 10.07
Asset Quality (%)
NPAs/ Assets 0.95 1.33 1.22 1.42 1.49
NPA Excl Restructured/ Assets 0.72 1.04 0.90 0.88 0.92
NPAs & 90+ PD/ Assets 0.96 1.33 1.22 1.42 1.49
NPAs/ Loans & REO 1.27 1.69 1.63 1.88 2.25
Nonaccrual & 90+ & OREO/ Assets 0.72 1.04 0.90 0.88 0.92
NPAs & 90+ PD/ Loans & REO 1.27 1.70 1.63 1.88 2.25
NPA & Loans 90+/ Tangible Common Equity + LLR 8.67 11.79 10.87 13.35 14.24
NCOs/ Avg Loans 0.20 0.19 0.08 0.21 0.14
Loan Loss Reserves/ Gross Loans 0.87 1.03 1.06 0.97 1.19
Reserves/ NPAs 69.12 61.27 66.15 52.92 55.16
Loan Loss Provision/ NCO 104.63 70.34 192.03 35.46 101.62
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 292,241 236,544 251,052 241,671 246,237
Tier 1 Capital($000) 292,241 236,544 251,052 256,671 249,436
Tier 2 Capital($000) 18,491 18,333 19,342 18,282 20,562
Total Capital($000) 310,732 254,877 270,394 274,953 269,998
Total Risk-weighted Assets($000) 2,042,793 1,723,777 1,795,906 1,741,389 1,693,228
Tier 1 Common Capital (CET1) Ratio(%) 14.31 13.72 13.98 13.88 14.54
Tier 1 Ratio(%) 14.31 13.72 13.98 14.74 14.73
Total Capital Ratio(%) 15.21 14.79 15.06 15.79 15.95
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 14.02 10.95 11.06 11.07 10.62
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 18,376,991 16,007,263 16,998,226 16,994,208 18,098,141
Avg Diluted Shares(actual) 15,756,093 16,666,385 17,077,842 17,365,524 18,727,464
Basic Book Value per Share 23.33 20.79 20.63 19.95 18.95
Book Value per Share, As Reported 23.33 20.79 20.63 19.95 18.95
Basic Tangible Book Value per Share 15.82 14.69 14.64 13.89 13.11
Tangible Book Value per Share, As Reported 15.82 14.69 14.64 13.89 13.11
Common Dividends Declared per Share 0.96 1.26 0.68 0.60 0.54
EPS after Extra 2.46 2.18 1.26 1.45 1.31
EPS after Extra Growth(%) 12.80 73 (13.10) 10.70 0
Core EPS 2.27 2.23 1.69 1.51 1.31
Core EPS Growth(%) 1.80 31.70 12 15.60 (6.10)
Diluted EPS before Amortization 2.52 2.33 1.32 1.52 1.37
Pre-Provision Earnings per Share 2.43 2.28 1.72 1.49 1.28
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.

CONNECT WITH US

Copyright © First Community Bank 2020

PO Box 989
Bluefield, VA 24605

(800) 971-4671

Copyright © First Community Bankshares, Inc.