Financial Highlights


Financial Highlights
2019 FQ2
6/30/2019
2018 FQ2
6/30/2018
Y-Y Ch (%)
2019 FQ1
3/31/2019
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 2,623,606 2,649,748 (0.99) 2,623,531 0.01
Total Net Loans 1,888,713 1,835,047 2.92 1,885,964 0.58
Total Deposits 2,077,774 2,161,851 (3.89) 2,123,512 (8.62)
Equity Attributable to Parent Company 257,264 209,814 22.62 243,255 23.04
Total Equity 257,264 209,814 22.62 243,255 23.04
Profitability (%)
Net Income($000) 9,278 6,261 48.19 8,468 38.26
Net Income Attributable to Parent($000) 9,278 6,261 48.19 8,468 38.26
ROAA 1.41 0.97 44 bp 1.29 12 bp
Core ROAA 1.30 1.32 (2) bp 1.30 0 bp
ROAE 14.83 12.07 276 bp 14.40 43 bp
ROATCE 16.40 13.07 333 bp 16.07 33 bp
Core ROAE 13.73 16.45 (272) bp 14.55 (82) bp
Net Interest Margin 4.14 3.98 16 bp 4.03 11 bp
Reported: Net Interest Margin 4.15 3.99 16 bp 4.09 6 bp
Efficiency Ratio 60.82 58.28 254 bp 61.22 (40) bp
Noninterest Inc/ Operating Rev 22.43 26.13 (370) bp 21.17 126 bp
Balance Sheet Ratios (%)
Loans/ Deposits 91.59 85.54 605 bp 89.62 197 bp
Securities/ Assets 19.16 20.93 (177) bp 19.83 (67) bp
Total Equity/ Total Assets 9.81 7.92 189 bp 9.27 54 bp
Tangible Equity/ Tangible Assets 9.06 7.14 192 bp 8.52 54 bp
Tang Common Equity/ Tang Assets 9.06 7.14 192 bp 8.52 54 bp
Asset Quality (%)
NPAs/ Assets 0.83 0.85 (2) bp 0.90 (7) bp
NPA Excl Restructured/ Assets 0.77 0.80 (3) bp 0.84 (7) bp
NPAs & 90+ PD/ Assets 0.83 0.90 (7) bp 0.90 (7) bp
NPAs/ Loans & REO 1.13 1.21 (8) bp 1.23 (10) bp
Nonaccrual & 90+ & OREO/ Assets 0.77 0.85 (8) bp 0.84 (7) bp
NPAs & 90+ PD/ Loans & REO 1.13 1.28 (15) bp 1.23 (10) bp
NPA & Loans 90+/ Tangible Common Equity + LLR 8.50 11.51 (301) bp 9.77 (127) bp
NCOs/ Avg Loans 0.08 0.07 1 bp 0.03 5 bp
Loan Loss Reserves/ Gross Loans 1.02 1.04 (2) bp 1.01 1 bp
Reserves/ NPAs 89.34 85.45 389 bp 82.09 725 bp
Loan Loss Provision/ NCO 114.21 457.41 (34,320) bp 321.43 (20,722) bp
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 226,851 185,044 22.59 216,215 19.68
Tier 1 Capital($000) 283,476 239,538 18.34 272,840 15.59
Tier 2 Capital($000) 19,368 19,316 0.27 19,311 1.18
Total Capital($000) 302,844 258,854 16.99 292,151 14.64
Total Risk-weighted Assets($000) 2,209,976 2,179,946 1.38 2,217,590 (1.37)
Tier 1 Common Capital (CET1) Ratio(%) 10.26 8.49 177 bp 9.75 51 bp
Tier 1 Ratio(%) 12.83 10.99 184 bp 12.30 53 bp
Total Capital Ratio(%) 13.70 11.87 183 bp 13.17 53 bp
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 10.85 9.37 148 bp 10.44 41 bp
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 29,896,529 29,747,078 0.50 29,895,022 0.02
Avg Diluted Shares(actual) 30,389,892 30,337,282 0.17 30,343,631 0.61
Basic Book Value per Share 8.61 7.05 22.13 8.14 23.10
Book Value per Share, As Reported NA NA NA NA NA
Basic Tangible Book Value per Share 7.88 6.31 24.88 7.41 25.37
Tangible Book Value per Share, As Reported NA 6.31 NA NA NA
Common Dividends Declared per Share 0.01 0.01 0 0.01 0
EPS after Extra 0.31 0.21 47.62 0.28 42.86
EPS after Extra Growth(%) 47.60 23.50 2,409 bp (9.70) 5,730 bp
Core EPS 0.29 0.29 0 0.28 14.29
Core EPS Growth(%) 0.30 59.30 (5,898) bp (2.30) 267 bp
Diluted EPS before Amortization 0.31 0.21 47.62 0.28 42.86
Pre-Provision Earnings per Share 0.31 0.33 (6.06) 0.30 13.33

   Q-Q Ch(%)= most recent quarter minus prior quarter annualized e.g. [(Q4-Q3)/Q3]*4

  * Percentages presented for individual quarters are annualized by taking the quarter amount and multiplying by four.


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