Financial Highlights


Financial Highlights
2019 FQ3
9/30/2019
2018 FQ3
9/30/2018
Y-Y Ch (%)
2019 FQ2
6/30/2019
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 2,614,315 2,612,473 0.07 2,623,606 (1.42)
Total Net Loans 1,885,752 1,818,532 3.70 1,888,713 (0.63)
Total Deposits 2,074,491 2,132,370 (2.71) 2,077,774 (0.63)
Equity Attributable to Parent Company 270,021 218,130 23.79 257,264 19.83
Total Equity 270,021 218,130 23.79 257,264 19.83
Profitability (%)
Net Income($000) 12,173 9,642 26.25 9,278 124.81
Net Income Attributable to Parent($000) 12,173 9,642 26.25 9,278 124.81
ROAA 1.87 1.47 40 bp 1.41 46 bp
Core ROAA 1.47 1.48 (1) bp 1.30 17 bp
ROAE 18.34 17.98 36 bp 14.83 351 bp
ROATCE 20.15 20.25 (10) bp 16.40 375 bp
Core ROAE 14.40 18.03 (363) bp 13.73 67 bp
Net Interest Margin 4.17 4.03 14 bp 4.14 3 bp
Reported: Net Interest Margin 4.14 4 14 bp 4.15 (1) bp
Efficiency Ratio 58.65 59.29 (64) bp 60.82 (217) bp
Noninterest Inc/ Operating Rev 25.47 24.73 74 bp 22.43 304 bp
Balance Sheet Ratios (%)
Loans/ Deposits 91.58 86.05 553 bp 91.59 (1) bp
Securities/ Assets 19.09 21.16 (207) bp 19.16 (7) bp
Total Equity/ Total Assets 10.33 8.35 198 bp 9.81 52 bp
Tangible Equity/ Tangible Assets 9.59 7.57 202 bp 9.06 53 bp
Tang Common Equity/ Tang Assets 9.59 7.57 202 bp 9.06 53 bp
Asset Quality (%)
NPAs/ Assets 0.76 0.80 (4) bp 0.83 (7) bp
NPA Excl Restructured/ Assets 0.70 0.74 (4) bp 0.77 (7) bp
NPAs & 90+ PD/ Assets 0.76 0.81 (5) bp 0.83 (7) bp
NPAs/ Loans & REO 1.04 1.14 (10) bp 1.13 (9) bp
Nonaccrual & 90+ & OREO/ Assets 0.70 0.74 (4) bp 0.77 (7) bp
NPAs & 90+ PD/ Loans & REO 1.04 1.14 (10) bp 1.13 (9) bp
NPA & Loans 90+/ Tangible Common Equity + LLR 7.41 9.76 (235) bp 8.50 (109) bp
NCOs/ Avg Loans 0.06 0 6 bp 0.08 (2) bp
Loan Loss Reserves/ Gross Loans 1.03 1.05 (2) bp 1.02 1 bp
Reserves/ NPAs 98.94 92.20 674 bp 89.34 960 bp
Loan Loss Provision/ NCO 202.95 NM NM 114.21 8,874 bp
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 240,643 196,632 22.38 226,851 24.32
Tier 1 Capital($000) 297,268 251,653 18.13 283,476 19.46
Tier 2 Capital($000) 19,646 19,323 1.67 19,368 5.74
Total Capital($000) 316,914 270,976 16.95 302,844 18.58
Total Risk-weighted Assets($000) 2,210,293 2,156,215 2.51 2,209,976 0.06
Tier 1 Common Capital (CET1) Ratio(%) 10.89 9.12 177 bp 10.26 63 bp
Tier 1 Ratio(%) 13.45 11.67 178 bp 12.83 62 bp
Total Capital Ratio(%) 14.34 12.57 177 bp 13.70 64 bp
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 11.54 9.72 182 bp 10.85 69 bp
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 29,903,154 29,747,078 0.52 29,896,529 0.09
Avg Diluted Shares(actual) 30,438,333 30,383,891 0.18 30,389,892 0.64
Basic Book Value per Share 9.03 7.33 23.19 8.61 19.51
Book Value per Share, As Reported NA 7.33 NA NA NA
Basic Tangible Book Value per Share 8.31 6.60 25.91 7.88 21.83
Tangible Book Value per Share, As Reported NA 6.62 NA NA NA
Common Dividends Declared per Share 0.01 0.01 0 0.01 0
EPS after Extra 0.40 0.32 25 0.31 116.13
EPS after Extra Growth(%) 25 18.50 648 bp 47.60 (2,262) bp
Core EPS 0.31 0.32 (3.13) 0.29 27.59
Core EPS Growth(%) (2.10) 19.70 (2,182) bp 0.30 (248) bp
Diluted EPS before Amortization 0.41 0.32 28.12 0.31 129.03
Pre-Provision Earnings per Share 0.35 0.33 6.06 0.31 51.61

   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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