Financial Highlights

NASDAQ: CVLY
$ 22.18$ -0.11 0.49 %
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 1,807,480 1,709,205 1,611,587 1,456,334 1,213,846
Total Net Loans 1,470,663 1,384,790 1,257,327 1,111,071 909,392
Total Deposits 1,495,280 1,384,507 1,264,177 1,094,149 954,973
Equity Attributable to Parent Company 178,746 164,219 154,957 159,141 118,440
Total Equity 178,746 164,219 154,957 159,141 118,440
Profitability (%)
Net Income($000) 19,542 12,004 13,102 11,135 11,769
Net Income Attributable to Parent($000) 19,542 12,004 13,102 11,135 11,769
ROAA 1.11 0.72 0.88 0.82 0.98
Core ROAA NA 0.89 0.88 0.82 0.98
ROAE 11.43 7.40 8.47 8.94 10.22
ROATCE 11.59 7.51 8.69 9.98 11.85
Core ROAE NA 9.07 8.39 8.94 10.23
Net Interest Margin 3.84 3.84 3.89 3.79 3.84
Reported: Net Interest Margin 3.84 3.84 3.89 3.79 3.84
Efficiency Ratio 64.49 62.62 64.33 64.97 61.49
Noninterest Inc/ Operating Rev 17.24 16.12 15.51 15.17 15.27
Balance Sheet Ratios (%)
Loans/ Deposits 99.36 101.10 100.52 102.66 96.35
Securities/ Assets 8.60 9.67 12.53 15.02 17.90
Total Equity/ Total Assets 9.89 9.61 9.62 10.93 9.76
Tangible Equity/ Tangible Assets 9.77 9.49 9.48 10.78 9.76
Tang Common Equity/ Tang Assets 9.77 9.49 9.48 9.96 8.77
Asset Quality (%)
NPAs/ Assets NA 0.50 0.59 0.69 1.08
NPA Excl Restructured/ Assets NA 0.31 0.36 0.42 0.92
NPAs & 90+ PD/ Assets NA 0.51 0.63 0.72 1.09
NPAs/ Loans & REO NA 0.61 0.74 0.89 1.43
Nonaccrual & 90+ & OREO/ Assets NA 0.31 0.41 0.46 0.92
NPAs & 90+ PD/ Loans & REO NA 0.62 0.80 0.93 1.43
NPA & Loans 90+/ Tangible Common Equity + LLR NA 4.86 6.09 6.69 11.24
NCOs/ Avg Loans 0.02 0.18 0.06 0.19 0.05
Loan Loss Reserves/ Gross Loans 1.28 1.19 1.18 1.13 1.21
Reserves/ NPAs NA 193.79 158.09 126.42 84.79
Loan Loss Provision/ NCO NM 168.48 421.35 178.75 387.41
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA 162,860 153,762 143,456 103,773
Tier 1 Capital($000) NA 172,860 163,762 165,456 125,773
Tier 2 Capital($000) NA 16,689 14,992 12,704 NA
Total Capital($000) NA 189,549 178,754 178,160 136,935
Total Risk-weighted Assets($000) NA 1,405,956 1,294,046 1,142,119 949,779
Tier 1 Common Capital (CET1) Ratio(%) 12.16 11.58 11.88 12.56 10.93
Tier 1 Ratio(%) 12.84 12.29 12.66 14.49 13.24
Total Capital Ratio(%) 14.09 13.48 13.81 15.60 14.42
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 10.46 10.26 10.76 11.73 10.32
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 9,452,459 9,351,355 9,290,628 9,211,390 7,087,512
Avg Diluted Shares(actual) 9,479,000 9,423,455 9,312,113 6,957,159 6,940,683
Basic Book Value per Share 18.91 17.56 16.68 15.97 15.02
Book Value per Share, As Reported 18.91 17.56 16.68 15.97 15.02
Basic Tangible Book Value per Share 18.66 17.31 16.43 15.72 15.02
Tangible Book Value per Share, As Reported 18.67 17.31 16.43 15.72 15.02
Common Dividends Declared per Share 0.60 0.50 0.45 0.42 0.38
EPS after Extra 2.06 1.28 1.41 1.59 1.67
EPS after Extra Growth(%) 61.40 (9.50) (11.20) (5) 0.10
Core EPS NA 1.56 1.40 1.59 1.67
Core EPS Growth(%) NA 12 (12) (5.10) 0.70
Diluted EPS before Amortization 2.06 1.28 1.41 1.59 1.67
Pre-Provision Earnings per Share 2.28 1.80 1.52 1.80 1.67
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