Financial Highlights

Financial Highlights
2020 FQ3 YTD
9/30/2020
2019 FY
12/31/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
Balance Sheet ($000)
Total Assets 13,173,665 11,395,165 8,851,592 8,082,029 7,709,375
Total Net Loans 9,344,281 8,839,206 6,848,332 6,299,678 5,944,178
Total Deposits 10,851,308 9,147,367 7,427,120 6,729,253 6,412,253
Equity Attributable to Parent Company 1,689,724 1,708,143 1,073,490 943,809 864,690
Total Equity 1,689,724 1,708,143 1,073,490 943,809 864,690
COVID-19 Financial Disclosure
Paycheck Protection Program Loan($000) NA NA NA NA NA
PPP Loan Ratio(%) NA NA NA NA NA
COVID-19 Loan Modification($000) NA NA NA NA NA
COVID-19 Loan Modification Ratio(%) NA NA NA NA NA
Processing Fees on PPP Loans($000) NA NA NA NA NA
Profitability (%)
Net Income($000) 86,526 165,175 121,622 87,204 76,648
Net Income Attributable to Parent($000) 86,526 165,175 121,622 87,204 76,648
ROAA 0.93 1.52 1.46 1.11 1.04
Core ROAA 0.93 1.73 1.58 1.19 1.11
ROAE 6.79 10.85 12.31 9.55 9.43
ROATCE NA 15.72 16.63 13.26 13.12
Core ROAE 6.80 12.34 13.31 10.30 10.10
Net Interest Margin 3.35 4.04 3.91 3.60 3.40
Reported: Net Interest Margin 3.36 4.04 3.91 3.60 3.40
Efficiency Ratio 55.33 49.59 54.80 57.51 58.96
Noninterest Inc/ Operating Rev 23.18 21.75 22.37 24.27 26.56
Balance Sheet Ratios (%)
Loans/ Deposits 86.67 97.01 92.99 94.45 93.56
Securities/ Assets 8.54 10.60 12.36 11.89 11.23
Total Equity/ Total Assets 12.83 14.99 12.13 11.68 11.22
Tangible Equity/ Tangible Assets 9.17 10.80 9.35 8.96 8.47
Tang Common Equity/ Tang Assets 9.17 10.80 9.35 8.96 8.47
Asset Quality (%)
NPAs/ Assets 0.87 0.57 0.78 0.94 1.14
NPA Excl Restructured/ Assets 0.74 0.40 0.51 0.62 0.79
NPAs & 90+ PD/ Assets 0.87 0.59 0.78 0.94 1.14
NPAs/ Loans & REO 1.21 0.73 1 1.20 1.46
Nonaccrual & 90+ & OREO/ Assets 0.74 0.42 0.51 0.62 0.79
NPAs & 90+ PD/ Loans & REO 1.21 0.75 1 1.20 1.46
NPA & Loans 90+/ Tangible Common Equity + LLR 9 5.39 7.95 9.97 12.66
NCOs/ Avg Loans 0.07 0.03 0.02 0.06 0.01
Loan Loss Reserves/ Gross Loans 1.22 0.76 0.93 0.95 1.03
Reserves/ NPAs 100.76 104.62 93.35 79.73 70.01
Loan Loss Provision/ NCO NM 235.02 424.44 76.17 NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 1,128,182 1,171,963 818,176 718,995 656,080
Tier 1 Capital($000) 1,189,182 1,232,963 892,176 789,992 727,070
Tier 2 Capital($000) 163,315 119,378 100,278 96,815 97,195
Total Capital($000) 1,352,497 1,352,341 992,454 886,807 824,265
Total Risk-weighted Assets($000) 9,093,571 9,116,143 6,866,218 6,417,481 6,061,774
Tier 1 Common Capital (CET1) Ratio(%) 12.41 12.86 11.92 11.20 10.82
Tier 1 Ratio(%) 13.08 13.53 12.99 12.31 11.99
Total Capital Ratio(%) 14.87 14.83 14.45 13.82 13.60
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 9.52 11.28 10.69 10.04 9.77
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 32,955,547 34,377,388 28,080,408 27,450,190 27,005,813
Avg Diluted Shares(actual) 33,386,750 32,856,234 27,653,808 27,372,104 26,455,918
Basic Book Value per Share 51.27 49.69 38.23 34.38 32.02
Book Value per Share, As Reported 51.27 49.69 38.23 34.38 32.02
Basic Tangible Book Value per Share 35.17 34.11 28.57 25.60 23.45
Tangible Book Value per Share, As Reported 35.17 34.11 28.57 25.60 23.45
Common Dividends Declared per Share 1.38 1.76 1.52 1.28 1.16
EPS after Extra 2.59 5.03 4.40 3.19 2.90
EPS after Extra Growth(%) (28.80) 14.30 37.90 10 16
Core EPS 2.59 5.72 4.76 3.44 3.10
Core EPS Growth(%) (39) 20.20 38.30 10.80 9.20
Diluted EPS before Amortization NA 5.24 4.50 3.32 3.01
Pre-Provision Earnings per Share 3.79 5.92 4.87 3.35 3.04
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