Financial Highlights

Financial Highlights
2020 FQ1 YTD
3/31/2020
2019 FY
12/31/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
Balance Sheet ($000)
Total Assets 3,779,138 3,763,659 3,221,521 2,768,773
Total Net Loans 2,830,560 2,785,492 2,455,220 2,127,118
Total Deposits 3,100,216 3,102,327 2,610,786 2,167,815
Equity Attributable to Parent Company 324,802 304,966 262,830 243,910
Total Equity 324,802 304,966 262,830 243,910
Profitability (%)
Net Income($000) 8,813 40,081 33,719 23,860
Net Income Attributable to Parent($000) 8,813 40,081 33,719 23,860
ROAA 0.94 1.17 1.12 0.89
Core ROAA 0.95 1.18 1.14 0.97
ROAE 11.26 14.05 13.46 9.97
ROATCE 12.90 16.40 16.28 12.37
Core ROAE 11.41 14.08 13.74 10.90
Net Interest Margin 3.38 3.61 3.72 3.75
Reported: Net Interest Margin 3.49 3.69 3.77 3.85
Efficiency Ratio 60.52 60.82 61.87 60.66
Noninterest Inc/ Operating Rev 15.17 17.70 16.29 17.01
Balance Sheet Ratios (%)
Loans/ Deposits 91.95 90.38 94.78 98.99
Securities/ Assets 16 15.43 17.11 15.86
Total Equity/ Total Assets 8.59 8.10 8.16 8.81
Tangible Equity/ Tangible Assets 7.65 7.14 7.02 7.46
Tang Common Equity/ Tang Assets 7.65 7.14 7.02 7.46
Asset Quality (%)
NPAs/ Assets 1.03 0.77 0.70 1
NPA Excl Restructured/ Assets 0.84 0.58 0.44 0.69
NPAs & 90+ PD/ Assets 1.03 0.77 0.72 1.02
NPAs/ Loans & REO 1.37 1.04 0.91 1.28
Nonaccrual & 90+ & OREO/ Assets 0.84 0.58 0.47 0.72
NPAs & 90+ PD/ Loans & REO 1.37 1.04 0.94 1.32
NPA & Loans 90+/ Tangible Common Equity + LLR 12.70 10.21 9.61 12.65
NCOs/ Avg Loans 0.09 0.24 0.26 0.16
Loan Loss Reserves/ Gross Loans 0.77 0.69 0.80 0.92
Reserves/ NPAs 56.08 66.93 87.72 71.41
Loan Loss Provision/ NCO 483.36 96.31 100.18 202.16
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 271,209 261,333 229,636 208,015
Tier 1 Capital($000) 291,209 281,333 249,636 228,015
Tier 2 Capital($000) 71,915 69,473 69,704 69,693
Total Capital($000) 363,124 350,806 319,340 297,708
Total Risk-weighted Assets($000) 2,868,629 2,803,880 2,418,495 2,079,585
Tier 1 Common Capital (CET1) Ratio(%) 9.45 9.32 9.50 10
Tier 1 Ratio(%) 10.15 10.03 10.33 10.97
Total Capital Ratio(%) 12.66 12.51 13.21 14.32
Liquidity Coverage Ratio(%) NA NA NA NA
Leverage Ratio(%) 7.85 7.86 7.87 8.45
Basel III Leverage Ratio(%) NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 15,396,617 15,247,985 15,207,281 15,264,740
Avg Diluted Shares(actual) 15,281,613 15,164,280 15,210,344 15,131,583
Basic Book Value per Share 21.10 20 17.28 15.98
Book Value per Share, As Reported 21.10 20 17.28 15.98
Basic Tangible Book Value per Share 18.58 17.45 14.69 13.33
Tangible Book Value per Share, As Reported 18.58 17.45 14.69 13.33
Common Dividends Declared per Share 0.17 0.68 0.67 0.66
EPS after Extra 0.57 2.63 2.21 1.57
EPS after Extra Growth(%) (8.10) 19 40.80 10.60
Core EPS 0.58 2.64 2.26 1.72
Core EPS Growth(%) (6.90) 16.80 31.50 7.80
Diluted EPS before Amortization 0.58 2.67 2.27 1.65
Pre-Provision Earnings per Share 0.70 2.81 2.40 1.73
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