Financial Highlights
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
2015 FY
12/31/2015
2014 FY
12/31/2014
Balance Sheet ($000)
Total Assets 8,243,272 5,446,675 5,091,383 4,655,380 4,397,132
Total Net Loans 6,540,921 4,278,839 3,896,963 3,469,932 3,100,102
Total Deposits 5,914,880 3,963,662 3,577,544 3,263,730 3,066,509
Equity Attributable to Parent Company 1,067,903 563,816 533,572 524,427 521,751
Total Equity 1,067,903 563,816 533,572 524,427 521,751
Profitability (%)
Net Income($000) 100,864 53,209 48,250 45,355 38,200
Net Income Attributable to Parent($000) 100,864 53,209 48,250 45,355 38,200
ROAA 1.27 1.02 1.02 1.01 0.91
Core ROAA 1.39 1.16 0.99 0.96 1.02
ROAE 9.84 9.66 9.15 8.73 7.43
ROATCE 14.60 11.47 10.92 10.48 9.02
Core ROAE 10.78 11.03 8.92 8.29 8.36
Net Interest Margin 3.61 3.55 3.49 3.44 3.43
Reported: Net Interest Margin 3.60 3.55 3.49 3.44 3.45
Efficiency Ratio 51.07 55.14 59.85 61.05 62.42
Noninterest Inc/ Operating Rev 18.54 22.84 24.72 26.51 26.57
Balance Sheet Ratios (%)
Loans/ Deposits 111.10 108.85 109.79 107.10 101.99
Securities/ Assets 12.26 14.23 15.33 18.10 21.26
Total Equity/ Total Assets 12.95 10.35 10.48 11.26 11.87
Tangible Equity/ Tangible Assets 9.02 8.91 8.93 9.63 10.14
Tang Common Equity/ Tang Assets 9.02 8.91 8.93 9.63 10.14
Asset Quality (%)
NPAs/ Assets 0.45 0.58 0.66 0.80 0.85
NPA Excl Restructured/ Assets 0.43 0.52 0.61 0.70 0.72
NPAs & 90+ PD/ Assets 0.46 0.58 0.66 0.80 0.85
NPAs/ Loans & REO 0.56 0.73 0.85 1.06 1.18
Nonaccrual & 90+ & OREO/ Assets 0.43 0.53 0.62 0.70 0.72
NPAs & 90+ PD/ Loans & REO 0.57 0.73 0.86 1.06 1.18
NPA & Loans 90+/ Tangible Common Equity + LLR 4.92 6.05 6.89 7.74 7.84
NCOs/ Avg Loans 0.01 0.04 0.06 0.07 0.03
Loan Loss Reserves/ Gross Loans 0.81 1.05 1.12 1.16 1.20
Reserves/ NPAs 144.13 144.24 131.11 109.81 101.56
Loan Loss Provision/ NCO NM 166.59 233.61 235.78 (20.35)
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 727,481 485,814 455,923 443,284 439,042
Tier 1 Capital($000) 737,883 485,814 485,923 478,284 474,042
Tier 2 Capital($000) 80,510 45,256 44,067 40,895 NA
Total Capital($000) 818,393 531,070 529,990 519,179 511,845
Total Risk-weighted Assets($000) 6,674,926 4,481,260 4,139,717 3,643,050 3,399,057
Tier 1 Common Capital (CET1) Ratio(%) 10.90 10.84 11.01 12.17 12.92
Tier 1 Ratio(%) 11.06 10.84 11.74 13.13 13.95
Total Capital Ratio(%) 12.26 11.85 12.80 14.25 15.06
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 9.50 9.24 10.14 10.60 11.26
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 35,530,734 23,996,293 23,901,084 24,295,971 25,044,877
Avg Diluted Shares(actual) 35,728,146 24,207,728 24,149,121 24,697,908 25,139,370
Basic Book Value per Share 30.06 23.50 22.32 21.58 20.83
Book Value per Share, As Reported 30.06 23.50 22.32 21.58 20.83
Basic Tangible Book Value per Share 20.01 19.90 18.71 18.11 17.45
Tangible Book Value per Share, As Reported 20.45 20.18 18.98 18.17 17.48
Common Dividends Declared per Share 1.10 1.04 0.98 0.90 0.76
EPS after Extra 2.82 2.20 2 1.84 1.52
EPS after Extra Growth(%) 28.20 10 8.70 21.10 (14.10)
Core EPS 3.09 2.51 1.95 1.75 1.71
Core EPS Growth(%) 22.90 28.70 11.70 2.20 (6.80)
Diluted EPS before Amortization 2.88 2.20 2.01 1.86 1.55
Pre-Provision Earnings per Share 3.35 2.52 2.04 1.82 1.61
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