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Community Heritage Financial, Inc.
Financial Highlights
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 516,996 435,658 361,224 282,904 238,088
Total Net Loans 428,874 354,149 280,422 208,578 161,135
Total Deposits 446,707 388,544 315,934 250,981 202,956
Equity Attributable to Parent Company 48,635 44,944 43,388 25,124 24,685
Total Equity 48,635 44,944 43,388 25,124 24,685
Profitability (%)
Net Income($000) 2,631 1,968 1,217 893 366
Net Income Attributable to Parent($000) 2,631 1,968 1,217 893 366
ROAA 0.55 0.50 0.39 0.34 0.18
Core ROAA NA 0.50 0.53 0.37 0.30
ROAE 5.60 4.48 4.17 3.54 1.54
ROATCE 5.77 4.48 4.17 3.54 1.54
Core ROAE NA 4.48 5.68 3.87 2.57
Net Interest Margin 3.62 3.62 3.59 3.45 3.50
Reported: Net Interest Margin 3.70 3.62 3.59 3.45 3.50
Efficiency Ratio 78.48 78.06 73.81 79.49 83.57
Noninterest Inc/ Operating Rev 21.90 7.92 9.04 11.25 12.80
Balance Sheet Ratios (%)
Loans/ Deposits 96.13 92.07 89.65 83.74 80.03
Securities/ Assets 8.32 11.08 13.21 16.30 20.39
Total Equity/ Total Assets 9.41 10.32 12.01 8.88 10.37
Tangible Equity/ Tangible Assets 9.11 10.32 12.01 8.88 10.37
Tang Common Equity/ Tang Assets 9.11 10.32 12.01 8.88 10.37
Asset Quality (%)
NPAs/ Assets 0.36 0.73 1.12 1.44 1.41
NPA Excl Restructured/ Assets 0.22 0.56 0.91 0.80 0.96
NPAs & 90+ PD/ Assets 0.36 0.73 1.12 1.44 1.41
NPAs/ Loans & REO 0.43 0.89 1.42 1.92 2.04
Nonaccrual & 90+ & OREO/ Assets 0.22 0.56 0.91 0.80 0.96
NPAs & 90+ PD/ Loans & REO 0.43 0.89 1.42 1.92 2.04
NPA & Loans 90+/ Tangible Common Equity + LLR 3.62 6.56 8.68 14.69 12.49
NCOs/ Avg Loans 0.04 0.01 0.05 0.07 (0.10)
Loan Loss Reserves/ Gross Loans 1 1 1.08 1.20 1.32
Reserves/ NPAs 233.08 112.85 75.71 62.20 64.14
Loan Loss Provision/ NCO 602.58 NM 563.72 338.35 NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA NA 43,900 25,681 24,891
Tier 1 Capital($000) NA NA 43,900 25,681 24,891
Tier 2 Capital($000) NA NA 3,335 2,476 1,948
Total Capital($000) NA NA 47,235 28,157 26,839
Total Risk-weighted Assets($000) NA NA 266,707 197,662 155,367
Tier 1 Common Capital (CET1) Ratio(%) 14.34 12.98 16.46 12.99 16.02
Tier 1 Ratio(%) 14.34 12.98 16.46 12.99 16.02
Total Capital Ratio(%) 15.54 14.23 17.71 14.25 17.27
Leverage Ratio(%) NA NA 12.65 9.25 10.87
Per Share Information ($)
Common Shares Outstanding(actual) 2,251,320 2,233,820 2,233,820 1,285,774 1,285,774
Avg Diluted Shares(actual) 2,249,320 2,233,820 1,481,593 1,285,774 1,265,057
Basic Book Value per Share 21.60 20.12 19.42 19.54 19.20
Book Value per Share, As Reported 21.60 20.12 19.42 19.54 19.20
Basic Tangible Book Value per Share 20.86 20.12 19.42 19.54 19.20
Tangible Book Value per Share, As Reported 20.86 20.12 19.42 19.54 19.20
Common Dividends Declared per Share 0.12 0.09 NA NA NA
EPS after Extra 1.17 0.88 0.82 0.69 0.29
EPS after Extra Growth(%) 33 7.30 18.80 137.90 (43.10)
Core EPS NA 0.88 1.12 0.75 0.48
Core EPS Growth(%) NA (21.20) 48 56 (6.50)
Diluted EPS before Amortization 1.17 0.88 0.82 0.69 0.29
Pre-Provision Earnings per Share 1.61 1.15 1.37 0.93 0.64
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.

Community Heritage Financial, Inc.

24 West Main Street
Middletown, MD 21769
(844) 533-9211

Transfer Agent

American Stock Transfer & Trust Company, LLC
3rd Floor, 6201 15th Avenue
Brooklyn
New York, NY 11219
(800) 937-5449