Financial Highlights

Financial Highlights
2019 FY
12/31/2019
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 5,244,363 4,246,688 3,964,303 3,141,156 2,652,401
Total Net Loans 3,623,262 2,996,550 2,821,880 2,129,236 1,742,514
Total Deposits 3,931,002 3,139,376 2,881,003 2,471,210 1,880,153
Equity Attributable to Parent Company 656,023 491,992 457,078 340,855 266,832
Total Equity 656,023 491,992 457,078 340,855 266,832
Profitability (%)
Net Income($000) 66,538 53,117 33,117 23,912 20,549
Net Income Attributable to Parent($000) 66,538 53,117 33,117 23,912 20,549
ROAA 1.35 1.31 0.97 0.81 0.87
Core ROAA 1.49 1.36 1.13 0.94 1.02
ROAE 10.98 11.22 8.74 7.90 9.36
ROATCE 16 15.99 12.09 10.65 12.36
Core ROAE 12.12 11.69 10.18 9.24 11
Net Interest Margin 3.60 3.64 3.81 3.34 3.45
Reported: Net Interest Margin 3.69 3.71 3.75 3.29 3.56
Efficiency Ratio 55.50 59.04 59.82 64.06 64.36
Noninterest Inc/ Operating Rev 20.93 20.40 22.51 28.26 27.12
Balance Sheet Ratios (%)
Loans/ Deposits 92.52 95.99 98.41 86.43 93.03
Securities/ Assets 20.43 19.54 18.41 21.11 24.42
Total Equity/ Total Assets 12.51 11.59 11.53 10.85 10.06
Tangible Equity/ Tangible Assets 9.44 8.79 8.48 8.33 8.09
Tang Common Equity/ Tang Assets 9.44 8.79 8.48 8.33 7.60
Asset Quality (%)
NPAs/ Assets 0.47 0.39 0.43 0.43 0.75
NPA Excl Restructured/ Assets 0.41 0.35 0.38 0.39 0.70
NPAs & 90+ PD/ Assets 0.48 0.41 0.44 0.44 0.75
NPAs/ Loans & REO 0.68 0.55 0.60 0.64 1.13
Nonaccrual & 90+ & OREO/ Assets 0.41 0.36 0.39 0.39 0.70
NPAs & 90+ PD/ Loans & REO 0.68 0.57 0.61 0.65 1.13
NPA & Loans 90+/ Tangible Common Equity + LLR 5.02 4.54 5.06 5.16 9.39
NCOs/ Avg Loans 0.06 0.05 0.04 0.08 0.32
Loan Loss Reserves/ Gross Loans 0.49 0.59 0.58 0.69 0.83
Reserves/ NPAs 71.34 106.82 95.96 108.63 73.19
Loan Loss Provision/ NCO 92.81 196.35 270.54 119.69 61.65
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA 371,297 329,892 263,313 204,350
Tier 1 Capital($000) NA 409,760 368,355 301,739 249,918
Tier 2 Capital($000) NA 17,856 16,445 14,837 14,534
Total Capital($000) NA 427,616 384,800 316,576 264,452
Total Risk-weighted Assets($000) NA 3,192,747 2,981,795 2,283,035 1,889,985
Tier 1 Common Capital (CET1) Ratio(%) NA 11.63 11.06 11.50 10.81
Tier 1 Ratio(%) NA 12.83 12.35 13.22 13.22
Total Capital Ratio(%) NA 13.39 12.91 13.87 13.99
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) NA 10.12 9.92 10.44 9.82
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 44,975,771 38,375,407 38,294,729 33,257,394 26,864,747
Avg Diluted Shares(actual) 43,598,373 38,495,231 34,760,438 30,123,614 24,295,968
Basic Book Value per Share 14.59 12.82 11.94 10.25 9.47
Book Value per Share, As Reported 14.59 12.82 11.93 10.25 9.47
Basic Tangible Book Value per Share 10.63 9.43 8.48 7.65 7.35
Tangible Book Value per Share, As Reported 10.63 9.43 8.48 7.65 7.35
Common Dividends Declared per Share 0.46 0.40 0.33 0.27 0.26
EPS after Extra 1.53 1.38 0.95 0.79 0.84
EPS after Extra Growth(%) 10.90 44.80 20.20 (5.60) (1.20)
Core EPS 1.69 1.44 1.11 0.93 0.99
Core EPS Growth(%) 17.40 29.50 19.60 (6.10) 11.30
Diluted EPS before Amortization 1.61 1.43 1 0.83 0.88
Pre-Provision Earnings per Share 1.58 1.38 1 0.85 0.94
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