2017	2016
Net income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	$114,000	$103,000
Common share dividends. . . . . . . . . . . . . . . . . . . . . . . . .	30,000	26,000
Total shareholders' equity at year-end (includes 80,000 common shares). . . . . . . . . . . . . . . . . .	600,000	580,000
Preferred shares, $9; 1,300 shares issued. . . . . . . . . . .	160,000	160,000
Market price per common share at year-end. . . . . . . . .	$23.75	$18.50

Ratio	Formula	2017	2016
P/E ratio	Market price per share / Earnings per share
Dividend yield	Dividend per common share / Market price per common share
BV per share	(Total shareholders' equity Preferred equity) / Common shares outstanding

P/E should be around 20.5 and 19.6

Div Yield should be around 0.02 and 0.015

Bv should be around 5.7 and 5

Thanks