Company	Price	Valuation					Profitability					Cash & leverage					Quality				Rating
		P/E	P/B	P/S	EV / EBITDA	DCF upside	Gross margin	Operating margin	Net margin	ROE	ROIC	FCF yield	Debt / equity	Net debt / EBITDA	Interest coverage	Current ratio	Dividend yield	Piotroski (0-9)	Altman Z	Rating score (1-5)
FUNCthis companyFirst United Corporation	$46.73	9.9×	1.19×	2.04×	6.35×	56.1%	70.2%	27.3%	20.6%	12.0%	7.0%	6.3%	0.56×	-0.47×	0.99×	0.09×	2.5%	8	-0.48	3	B+
BPRNPrinceton Bancorp Inc.	$44.92	12.71×	0.87×	1.7×	8.42×	9.9%	55.8%	17.0%	13.4%	6.9%	6.2%	8.7%	0.08×	-0.58×	0.43×	0.09×	3.7%	5	1.39	2	C+
CFFIC&F Financial Corporation	$106.65	8.76×	0.9×	1.26×	7.35×	4.6%	69.5%	17.8%	14.4%	10.3%	6.4%	9.4%	0.43×	0.93×	0.73×	0.18×	2.5%	6	-0.43	4	A-
FVCBFVCBankcorp, Inc.	$16.35	11.4×	0.99×	2.07×	5.24×	-9.8%	53.9%	23.1%	18.1%	8.7%	7.5%	9.4%	0.1×	-3.58×	0.52×	0.07×	0.9%	8	-0.64	3	B+
HWBKHawthorn Bancshares, Inc.	$39.45	10.14×	1.4×	2.17×	9.38×	-5.0%	71.3%	26.0%	21.2%	13.7%	7.0%	9.4%	0.89×	1.6×	0.92×	0.11×	2.2%	6	0.5	2	C
ISTRInvestar Holding Corporation	$28.44	12.04×	0.87×	1.71×	12.71×	-84.6%	61.0%	18.1%	14.9%	7.6%	-2.8%	6.4%	0.51×	4.12×	0.44×	0.31×	1.8%	6	-0.58	3	B
Peer median	—	11.4×	0.9×	1.71×	8.42×	-5.0%	61.0%	18.1%	14.9%	8.7%	6.4%	9.4%	0.43×	0.93×	0.52×	0.11×	2.2%	6	-0.43	3	—