Financial Highlights
2019 FQ3 YTD
9/30/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
2015 FY
12/31/2015
Balance Sheet ($000)
Total Assets 8,437,538 8,243,272 5,446,675 5,091,383 4,655,380
Total Net Loans 6,620,377 6,540,921 4,278,839 3,896,963 3,469,932
Total Deposits 6,493,899 5,914,880 3,963,662 3,577,544 3,263,730
Equity Attributable to Parent Company 1,140,041 1,067,903 563,816 533,572 524,427
Total Equity 1,140,041 1,067,903 563,816 533,572 524,427
Profitability (%)
Net Income($000) 87,976 100,864 53,209 48,250 45,355
Net Income Attributable to Parent($000) 87,976 100,864 53,209 48,250 45,355
ROAA 1.41 1.27 1.02 1.02 1.01
Core ROAA 1.43 1.39 1.16 0.99 0.96
ROAE 10.68 9.84 9.66 9.15 8.73
ROATCE 16.01 14.60 11.47 10.92 10.48
Core ROAE 10.79 10.78 11.03 8.92 8.29
Net Interest Margin 3.55 3.61 3.55 3.49 3.44
Reported: Net Interest Margin 3.55 3.60 3.55 3.49 3.44
Efficiency Ratio 51.48 51.07 55.14 59.85 61.05
Noninterest Inc/ Operating Rev 20.49 18.54 22.84 24.72 26.51
Balance Sheet Ratios (%)
Loans/ Deposits 101.58 111.10 108.85 109.79 107.10
Securities/ Assets 11.21 12.26 14.23 15.33 18.10
Total Equity/ Total Assets 13.51 12.95 10.35 10.48 11.26
Tangible Equity/ Tangible Assets 9.71 9.02 8.91 8.93 9.63
Tang Common Equity/ Tang Assets 9.71 9.02 8.91 8.93 9.63
Asset Quality (%)
NPAs/ Assets 0.48 0.45 0.58 0.66 0.80
NPA Excl Restructured/ Assets 0.45 0.43 0.52 0.61 0.70
NPAs & 90+ PD/ Assets 0.49 0.46 0.58 0.66 0.80
NPAs/ Loans & REO 0.60 0.56 0.73 0.85 1.06
Nonaccrual & 90+ & OREO/ Assets 0.47 0.43 0.53 0.62 0.70
NPAs & 90+ PD/ Loans & REO 0.62 0.57 0.73 0.86 1.06
NPA & Loans 90+/ Tangible Common Equity + LLR 4.96 4.92 6.05 6.89 7.74
NCOs/ Avg Loans 0.03 0.01 0.04 0.06 0.07
Loan Loss Reserves/ Gross Loans 0.82 0.81 1.05 1.12 1.16
Reserves/ NPAs 136.15 144.13 144.24 131.11 109.81
Loan Loss Provision/ NCO 198.88 NM 166.59 233.61 235.78
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 788,292 727,481 485,814 455,923 443,284
Tier 1 Capital($000) 798,690 737,883 485,814 485,923 478,284
Tier 2 Capital($000) 81,912 80,510 45,256 44,067 40,895
Total Capital($000) 880,602 818,393 531,070 529,990 519,179
Total Risk-weighted Assets($000) 6,934,383 6,674,926 4,481,260 4,139,717 3,643,050
Tier 1 Common Capital (CET1) Ratio(%) 11.37 10.90 10.84 11.01 12.17
Tier 1 Ratio(%) 11.52 11.06 10.84 11.74 13.13
Total Capital Ratio(%) 12.70 12.26 11.85 12.80 14.25
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 9.96 9.50 9.24 10.14 10.60
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 35,625,822 35,530,734 23,996,293 23,901,084 24,295,971
Avg Diluted Shares(actual) 35,879,584 35,728,146 24,207,728 24,149,121 24,697,908
Basic Book Value per Share 32 30.06 23.50 22.32 21.58
Book Value per Share, As Reported 32 30.06 23.50 22.32 21.58
Basic Tangible Book Value per Share 22.02 20.01 19.90 18.71 18.11
Tangible Book Value per Share, As Reported 22.10 20.45 20.18 18.98 18.17
Common Dividends Declared per Share 0.88 1.10 1.04 0.98 0.90
EPS after Extra 2.45 2.82 2.20 2 1.84
EPS after Extra Growth(%) 16.10 28.20 10 8.70 21.10
Core EPS 2.48 3.09 2.51 1.95 1.75
Core EPS Growth(%) 4.60 22.90 28.70 11.70 2.20
Diluted EPS before Amortization 2.49 2.88 2.20 2.01 1.86
Pre-Provision Earnings per Share 2.61 3.35 2.52 2.04 1.82
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