Financial Highlights MidCoast Community Bank

Financial Highlights MidCoast Community Bank

Financial Highlights
Period Ended
Last Updated
Regulatory Filter Type
2018 YTD
9/30/2018
10/30/2018
51
2017 Y
12/31/2017
1/29/2018
51
2016 Y
12/31/2016
3/20/2017
41
2015 Y
12/31/2015
3/21/2016
41
2014 Y
12/31/2014
4/21/2015
41
Balance Sheet ($000)
Total Assets 235,202 229,100 202,449 189,538 213,873
Asset Growth Rate (%) 3.55 13.16 6.81 (11.38) (14.99)
Total Loans & Leases (Incl HFI & HFS) 199,614 197,221 173,042 154,979 181,033
Loan Growth Rate (%) 1.62 13.97 11.66 (14.39) (15.38)
Total Loans & Leases/ Assets (%) 84.87 86.09 85.47 81.77 84.65
Total Deposits (Incl Dom & For) 190,273 188,461 171,722 161,728 189,217
Deposit Growth Rate (%) 1.28 9.75 6.18 (14.53) (14.04)
Loans/ Deposits (%) 104.91 104.65 100.77 95.83 95.67
Memo: Full-time Employees 39 39 38 35 36
Performance Measures
Net Income 1,122 566 244 (1704) (4,030)
ROAA (%) 0.65 0.27 0.13 (0.86) (1.68)
ROAE (%) 6.31 2.89 1.44 (10.02) (19.37)
Interest Income/ Avg Assets (%) 4.11 3.92 3.85 3.85 3.88
Interest Expense/ Average Assets (%) 1.04 0.81 0.79 0.81 0.91
Net Interest Income/ Avg Assets (%) 3.08 3.11 3.05 3.04 2.97
Noninterest Income/ Average Assets (%) 0.07 0.04 0.06 0.06 0.34
Noninterest Expense/ Avg Assets (%) 2.51 2.73 3.24 3.09 2.66
Net Interest Margin (%) 3.16 3.21 3.15 3.13 3.07
Yield/ Cost Spread (%) 2.98 3.08 3.03 3.02 2.94
Efficiency Ratio (FTE) (%) 79.72 86.80 104.02 99.82 80.42
Capitalization
GRB: Total Equity Capital 24,107 23,366 16,222 16,049 17,890
Tangible Equity 24,107 23,366 16,222 16,049 17,890
Tangible Common Equity 24,107 23,366 16,222 16,049 17,890
Tier 1 Capital 24,618 23,495 16,429 16,186 17,890
B3 or GRB: Tier 1 Common Capital (CET1) 24,618 23,495 16,429 16,186 17,890
Equity/ Assets (%) 10.25 10.20 8.01 8.47 8.36
Tang Equity/ Tang Assets (%) 10.25 10.20 8.01 8.47 8.36
Tang Common Eqty/ Tang Assts (%) 10.25 10.20 8.01 8.47 8.36
Risk Based Capital Ratio (%) 13.25 13.20 10.85 11.53 11.34
Tier 1 Risk-based Ratio (%) 12.17 11.98 9.63 10.28 10.08
B3 or GRB: Tier 1 Common Capital (CET1) RB Ratio (%) 12.17 11.98 9.63 10.28 10.08
Leverage Ratio (%)10.6410.368.38.688.1
Common Dividends Declared/ Net Income (%)00000
Commercial RE Loans/ Total Risk-Based Capital (%)293.44264.37292.95237248.97
Loan Composition (%)
DOM: Construction & Land Development Loans/ Loans6.917.626.163.334.8
DOM: Tot 1-4 Fam Loans/ Loans27.0225.0424.7123.0825.16
DOM: Multifamily Loans/ Loans6.005.43.942.773.6
DOM: Farm Loans/ Loans5.075.044.624.793.41
DOM: CommRE(Nfarm/NRes)/ Loans47.7045.7650.4455.4449.4
Foreign RE Lns/ Loans00000
CON: Real Estate Loans/ Loans92.7088.8789.8789.4186.38
CON: Total C&I Loans/ Loans6.3710.29.059.5612.41
CON: Total Cons Lns/ Loans00000
CON: Agricultural Prod/ Loans0.930.931.080.940.85
CON:Other Loans/ Loans0.010.0100.090.36
CON: Total Leases/ Loans00000
CON: LESS: Unearn Inc/ Loans00000
Deposit Composition (%)
Nonint-bear Dep/ Deposits8.688.347.868.166.29
Transaction Accounts/ Deposits17.2315.5116.217.816.77
MMDAs+Savings/ Deposits22.8524.3722.1819.9317.22
Retail Time Dep/ Deposits53.6253.8153.6656.1560.17
Jumbo Time Deposits/ Deposits6.296.37.966.115.84
Foreign Deposits/ DepositsNANANANANA
Asset Quality (%)
Noncurrent Loans/ Loans0.590.850.420.584.86
NPLs/ Loans0.751.020.510.814.86
NPAs/ Assets0.640.920.530.764.23
NPA Excluding Restructured Loans/ Total Assets0.500.780.460.574.23
NPAs/ (Loans+OREO)0.751.070.620.924.99
NPAs+90s/ (Loans+OREO)0.751.070.620.924.99
NPAs + 90 Days PD/ Assets0.640.920.530.764.23
Loan Loss Reserves/ Gross Loans1.091.221.21.742.35
Reserves/ NPAs145.24113.96192.88188.3447.02
Net Chargeoffs/ Avg Loans0.15-0.010.1321.94
Loan Loss Prov/ NCOs-4.59NM-191.4352.45117.76
Liquidity (%)
Liquidity Ratio14.0912.8312.6815.3114.67
Earning Assets/ IBL116.96116.97113.07114.7112.56
Secs (FV)/ Secs (Amt Cost)96.8498.8797.9799.43NA
Pledged Secs/ Securities00016.01NA
Brokered Deposits/ Deposits7.967.995.252.470
Jumbo Time Deposits/ Domestic Deposits6.296.37.966.115.84
Yields/Cost (%)
Yield on Total Loans and Leases4.484.334.344.474.51
Yield on Loans4.484.334.344.474.51
Yield on RE Loans: 1-4 Family4.354.34.314.484.37
Yield on RE Loans: Oth RE Loans4.564.374.384.564.52
Yield on RE Loans4.504.354.364.544.48
Yield on C&I Loans4.474.184.014.164.74
Yield on Consumer Loans Excluding Credit CardNANANANA4.38
Yield on LeasesNANANANANA
Yield on Bal in Dep Inst1.801.140.520.20.2
Yield on Debt and Equity Securities2.562.45182.27372.38130.5059
Yield on Earning Assets4.234.0443.96843.97174.0052
Yld on U.S. Treas&Govt Agcy Secs2.592.01NANA0.51
Yield on Mortgage Backed Secs2.552.462.272.38NA
Yield on All Other SecsNANANANANA
Yield on Trading AcctsNANANANANA
Yield on FFSold&RevReposNA0.890.460.230.2
Cost of Int-bearing Deposits1.200.920.940.961.08
Cost of Borrowings1.761.420.870.950.89
Cost of Int-bearing Trans Accts0.160.180.280.190.25
Cost of Svgs Deps (Incl MMDAs)0.840.440.280.310.3
Cost of Time Deposits > $250K1.531.141.211.281.34
Cost of Other Time Deposits1.471.231.271.311.4
Cost of FFPuch&ReposNANANANA0
Cost of Interest-bearing Liabilities1.250.970.940.961.07
Cost of Funds1.150.890.870.891
Yield/ Cost Spread2.983.083.033.022.94
Interest Rate Sensitivity
Rate-sensitive Assets64,25979130558164218074417
Rate-sensitive Liabilities97,08362972887546909875518
Rate-sensitive Time Deposits82,58353972787545759875518
One Year Cumulative Repricing Gap-32,82416158-32938-26918-1101
One Year Gap/ Assets-13.967.05-16.27-14.2-0.51
Rate-sensitive Assets/ Assets27.3234.5427.5722.2534.79
Rate-sensitive Liab/ Assets41.2827.4943.8436.4635.31