Financial Highlights

Financial Highlights
2019 FQ4 YTD
12/31/2019
2019 FY
12/31/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
Balance Sheet ($000)
Total Assets 3,763,659 3,763,659 3,221,521 2,768,773
Total Net Loans 2,785,492 2,785,492 2,455,220 2,127,118
Total Deposits 3,102,327 3,102,327 2,610,786 2,167,815
Equity Attributable to Parent Company 304,966 304,966 262,830 243,910
Total Equity 304,966 304,966 262,830 243,910
Profitability (%)
Net Income($000) 40,081 40,081 33,719 23,860
Net Income Attributable to Parent($000) 40,081 40,081 33,719 23,860
ROAA 1.17 1.17 1.12 0.89
Core ROAA 1.18 1.18 1.14 0.97
ROAE 14.05 14.05 13.46 9.97
ROATCE 16.46 16.46 16.28 12.37
Core ROAE 14.08 14.08 13.74 10.90
Net Interest Margin NA NA 3.72 3.75
Reported: Net Interest Margin 3.69 3.69 3.77 3.82
Efficiency Ratio 61.30 61.30 61.63 60.47
Noninterest Inc/ Operating Rev 17.92 17.92 16.29 17.01
Balance Sheet Ratios (%)
Loans/ Deposits 90.38 90.38 94.78 98.99
Securities/ Assets 14.97 14.97 17.11 15.86
Total Equity/ Total Assets 8.10 8.10 8.16 8.81
Tangible Equity/ Tangible Assets 7.14 7.14 7.02 7.46
Tang Common Equity/ Tang Assets 7.14 7.14 7.02 7.46
Asset Quality (%)
NPAs/ Assets NA NA 0.70 1
NPA Excl Restructured/ Assets NA NA 0.44 0.69
NPAs & 90+ PD/ Assets NA NA 0.72 1.02
NPAs/ Loans & REO NA NA 0.91 1.28
Nonaccrual & 90+ & OREO/ Assets NA NA 0.47 0.72
NPAs & 90+ PD/ Loans & REO NA NA 0.94 1.32
NPA & Loans 90+/ Tangible Common Equity + LLR NA NA 9.61 12.65
NCOs/ Avg Loans 0.24 0.24 0.26 0.16
Loan Loss Reserves/ Gross Loans 0.69 0.69 0.80 0.92
Reserves/ NPAs NA NA 87.72 71.41
Loan Loss Provision/ NCO 96.31 96.31 100.18 202.16
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA NA 229,636 208,015
Tier 1 Capital($000) NA NA 249,636 228,015
Tier 2 Capital($000) NA NA 69,704 69,693
Total Capital($000) NA NA 319,340 297,708
Total Risk-weighted Assets($000) NA NA 2,418,495 2,079,585
Tier 1 Common Capital (CET1) Ratio(%) 9.32 9.32 9.50 10
Tier 1 Ratio(%) 10.03 10.03 10.33 10.97
Total Capital Ratio(%) 12.51 12.51 13.21 14.32
Liquidity Coverage Ratio(%) NA NA NA NA
Leverage Ratio(%) 7.86 7.86 7.87 8.45
Basel III Leverage Ratio(%) NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 15,247,985 15,247,985 15,207,281 15,264,740
Avg Diluted Shares(actual) 15,164,280 15,164,280 15,210,344 15,131,583
Basic Book Value per Share 20 20 17.28 15.98
Book Value per Share, As Reported 20 20 17.28 15.98
Basic Tangible Book Value per Share 17.45 17.45 14.69 13.33
Tangible Book Value per Share, As Reported 17.45 17.45 14.69 13.33
Common Dividends Declared per Share 0.68 0.68 0.67 0.66
EPS after Extra 2.63 2.63 2.21 1.57
EPS after Extra Growth(%) 19 19 40.80 10.60
Core EPS 2.64 2.64 2.26 1.72
Core EPS Growth(%) 16.80 16.80 31.50 7.80
Diluted EPS before Amortization 2.67 2.67 2.27 1.65
Pre-Provision Earnings per Share 2.81 2.81 2.40 1.73
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