Financial Highlights

Financial Highlights
2019 FQ2 YTD
6/30/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
Balance Sheet ($000)
Total Assets 3,400,974 3,221,521 2,768,773 2,573,821
Total Net Loans 2,602,953 2,455,220 2,127,118 1,864,734
Total Deposits 2,734,762 2,610,786 2,167,815 2,017,522
Equity Attributable to Parent Company 286,615 262,830 243,910 211,784
Total Equity 286,615 262,830 243,910 211,784
Profitability (%)
Net Income($000) 19,240 33,719 23,860 20,540
Net Income Attributable to Parent($000) 19,240 33,719 23,860 20,540
ROAA 1.17 1.12 0.89 0.85
Core ROAA 1.18 1.14 0.97 0.95
ROAE 14.09 13.46 9.97 9.69
ROATCE 16.61 16.28 12.37 11.88
Core ROAE 14.19 13.74 10.90 10.85
Net Interest Margin 3.66 3.72 3.75 3.71
Reported: Net Interest Margin 3.77 3.76 3.82 3.78
Efficiency Ratio 61.09 61.63 60.47 61.61
Noninterest Inc/ Operating Rev 18.45 16.29 17.01 16.92
Balance Sheet Ratios (%)
Loans/ Deposits 95.89 94.78 98.99 92.86
Securities/ Assets 16.70 17.11 15.86 20.22
Total Equity/ Total Assets 8.43 8.16 8.81 8.23
Tangible Equity/ Tangible Assets 7.36 7.02 7.46 6.72
Tang Common Equity/ Tang Assets 7.36 7.02 7.46 6.72
Asset Quality (%)
NPAs/ Assets 0.66 0.70 1 0.93
NPA Excl Restructured/ Assets 0.44 0.44 0.69 0.60
NPAs & 90+ PD/ Assets 0.67 0.72 1.02 0.93
NPAs/ Loans & REO 0.85 0.91 1.28 1.28
Nonaccrual & 90+ & OREO/ Assets 0.45 0.47 0.72 0.60
NPAs & 90+ PD/ Loans & REO 0.87 0.94 1.32 1.28
NPA & Loans 90+/ Tangible Common Equity + LLR 8.50 9.61 12.65 12.89
NCOs/ Avg Loans 0.11 0.26 0.16 0.27
Loan Loss Reserves/ Gross Loans 0.82 0.80 0.92 0.87
Reserves/ NPAs 95.71 87.72 71.41 67.93
Loan Loss Provision/ NCO 227.33 100.18 202.16 91.07
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 243,673 229,636 208,015 175,200
Tier 1 Capital($000) 263,673 249,636 228,015 195,200
Tier 2 Capital($000) 71,437 69,704 69,693 66,330
Total Capital($000) 335,110 319,340 297,708 261,530
Total Risk-weighted Assets($000) 2,577,505 2,418,495 2,079,585 1,860,881
Tier 1 Common Capital (CET1) Ratio(%) 9.45 9.50 10 9.41
Tier 1 Ratio(%) 10.23 10.33 10.97 10.49
Total Capital Ratio(%) 13 13.21 14.32 14.05
Liquidity Coverage Ratio(%) NA NA NA NA
Leverage Ratio(%) 8 7.87 8.45 7.85
Basel III Leverage Ratio(%) NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 15,197,983 15,207,281 15,264,740 14,467,815
Avg Diluted Shares(actual) 15,168,000 15,210,000 15,131,583 14,375,000
Basic Book Value per Share 18.86 17.28 15.98 14.64
Book Value per Share, As Reported 18.86 17.28 15.98 14.64
Basic Tangible Book Value per Share 16.28 14.69 13.33 11.76
Tangible Book Value per Share, As Reported 16.28 14.69 13.33 11.76
Common Dividends Declared per Share 0.34 0.67 0.66 0.66
EPS after Extra 1.26 2.21 1.57 1.42
EPS after Extra Growth(%) 23.50 40.80 10.60 (7.80)
Core EPS 1.27 2.26 1.72 1.59
Core EPS Growth(%) 21.40 31.50 7.80 1.10
Diluted EPS before Amortization 1.28 2.27 1.65 1.50
Pre-Provision Earnings per Share 1.36 2.40 1.73 1.55
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