Financial Highlights

Financial Highlights
2013 FY
12/31/2013
2014 FY
12/31/2014
2015 FY
12/31/2015
2016 FY
12/31/2016
2017 FQ3 YTD
9/30/2017
Balance Sheet ($000)
Total Assets 2,928,636 3,089,521 3,381,024 3,710,340 4,021,591
Total Net Loans 1,810,264 1,885,120 2,058,107 2,310,277 2,584,295
Total Deposits 2,320,056 2,450,527 2,730,531 2,995,222 3,281,508
Equity Attributable to Parent Company 254,839 279,532 293,844 320,054 366,002
Total Equity 254,839 279,532 293,844 320,054 366,002
Profitability (%)
Net Income($000) 25,530 29,355 28,337 31,931 22,468
Net Income Attributable to Parent($000) 25,530 29,355 28,337 31,931 22,468
ROAA 0.91 0.98 0.87 0.90 0.78
Core ROAA 0.87 0.93 0.85 0.89 0.82
ROAE 10.10 10.80 9.78 10.01 8.82
ROATCE 13.14 14.32 13.69 13.80 12.36
Core ROAE 9.67 10.19 9.58 9.90 9.26
Net Interest Margin 3.64 3.50 3.28 3.24 3.19
Reported: Net Interest Margin 3.64 3.50 3.28 3.24 3.19
Efficiency Ratio 59.02 60.37 61.49 59.05 58.84
Noninterest Inc/ Operating Rev 19.90 19.15 22.36 23.68 23.22
Balance Sheet Ratios (%)
Loans/ Deposits 79.03 78.02 76.31 78.13 79.73
Securities/ Assets 30.01 30.29 31.06 29.78 27.63
Total Equity/ Total Assets 8.70 9.05 8.69 8.63 9.10
Tangible Equity/ Tangible Assets 7.12 6.98 6.85 6.72 7.37
Tang Common Equity/ Tang Assets 6.51 6.41 6.32 6.25 6.93
Asset Quality (%)
NPAs/ Assets 0.49 0.23 0.13 0.12 0.22
NPA Excl Restructured/ Assets 0.49 0.23 0.13 0.12 0.20
NPAs & 90+ PD/ Assets 0.49 0.23 0.13 0.12 0.22
NPAs/ Loans & REO 0.79 0.37 0.22 0.19 0.34
Nonaccrual & 90+ & OREO/ Assets 0.49 0.23 0.13 0.12 0.20
NPAs & 90+ PD/ Loans & REO 0.79 0.37 0.22 0.19 0.34
NPA & Loans 90+/ Tangible Common Equity + LLR 6.74 3.17 1.91 1.73 2.87
NCOs/ Avg Loans 0.40 0.37 0.40 0.26 0.32
Loan Loss Reserves/ Gross Loans 1.46 1.44 1.30 1.32 1.31
Reserves/ NPAs 185.15 393.69 597.90 692.66 388.10
Loan Loss Provision/ NCO 128.65 113.08 93.04 166.49 156.86
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 197,682 202,564 226,413 247,906 290,182
Tier 1 Capital($000) 215,024 219,904 243,452 265,246 307,516
Tier 2 Capital($000) NA NA 66,075 69,995 73,461
Total Capital($000) 239,878 246,166 309,527 335,241 380,977
Total Risk-weighted Assets($000) 1,986,473 2,099,626 2,318,536 2,584,161 2,877,061
Tier 1 Common Capital (CET1) Ratio(%) 9.95 9.65 9.77 9.59 10.09
Tier 1 Ratio(%) 10.82 10.47 10.50 10.26 10.69
Total Capital Ratio(%) 12.08 11.72 13.35 12.97 13.24
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 7.63 7.35 7.41 7.36 7.91
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 13,829,355 14,118,048 14,190,192 14,537,597 15,626,294
Avg Diluted Shares(actual) 13,784,000 13,946,000 14,135,000 14,491,000 14,847,000
Basic Book Value per Share 17.17 18.57 19.49 20.82 22.31
As-reported Book Value per Share 17.17 18.57 19.49 20.82 22.31
Basic Tangible Book Value per Share 13.56 13.71 14.77 15.62 17.51
Reported: Tangible Book Value 13.56 13.71 14.77 15.62 17.51
Common Dividends Declared per Share 0.74 0.77 0.80 0.81 0.63
EPS after Extra 1.75 2 1.90 2.10 1.44
EPS after Extra Growth(%) 9.40 14.30 (5) 10.50 (5.90)
Core EPS 1.67 1.88 1.86 2.08 1.52
Core EPS Growth(%) (3.40) 12.70 (1.20) 11.60 0.80
Diluted EPS before Amortization 1.78 2.04 2.02 2.19 1.61
Pre-Provision Earnings per Share 2.02 1.93 1.90 2.23 1.70
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