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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 6,711,236 5,806,093 5,405,639 5,093,131 3,869,550
Total Net Loans 5,099,563 4,420,158 4,117,721 3,841,095 2,935,559
Total Deposits 5,293,779 4,620,670 4,368,748 4,092,835 2,995,572
Equity Attributable to Parent Company 725,263 623,739 583,122 550,044 400,516
Total Equity 725,263 623,739 583,122 550,044 400,516
Profitability (%)
Net Income($000) 70,672 63,401 52,580 41,518 32,481
Net Income Attributable to Parent($000) 70,672 63,401 52,580 41,518 32,481
ROAA 1.12 1.15 1 0.90 0.89
Core ROAA 1.17 1.17 1.01 0.95 0.92
ROAE 10.14 10.59 9.25 8.75 8.28
ROATCE 13.16 13.76 12.22 12.09 11.58
Core ROAE 10.58 10.83 9.35 9.24 8.52
Net Interest Margin 3.33 3.36 3.38 3.41 3.47
Reported: Net Interest Margin 3.33 3.36 3.38 3.41 3.47
Efficiency Ratio 54.95 55.88 53.68 57.03 61.14
Noninterest Inc/ Operating Rev 11.83 11.72 11.71 12.12 13.79
Balance Sheet Ratios (%)
Loans/ Deposits 97.05 96.45 95.06 94.57 98.99
Securities/ Assets 13.69 14.17 14.79 15.13 14.84
Total Equity/ Total Assets 10.81 10.74 10.79 10.80 10.35
Tangible Equity/ Tangible Assets 8.62 8.57 8.44 8.30 7.69
Tang Common Equity/ Tang Assets 8.62 8.57 8.44 8.30 7.69
Asset Quality (%)
NPAs/ Assets 0.41 0.38 0.48 0.59 0.87
NPA Excl Restructured/ Assets 0.32 0.22 0.27 0.42 0.61
NPAs & 90+ PD/ Assets 0.41 0.38 0.48 0.59 0.88
NPAs/ Loans & REO 0.53 0.50 0.62 0.78 1.14
Nonaccrual & 90+ & OREO/ Assets 0.32 0.22 0.27 0.42 0.62
NPAs & 90+ PD/ Loans & REO 0.53 0.50 0.63 0.78 1.15
NPA & Loans 90+/ Tangible Common Equity + LLR 4.52 4.25 5.45 6.85 10.67
NCOs/ Avg Loans 0 0.05 0.05 0.11 0.06
Loan Loss Reserves/ Gross Loans 0.78 0.85 0.85 0.81 1.04
Reserves/ NPAs 146.26 169.36 136.58 103.19 91.38
Loan Loss Provision/ NCO NM 202.43 323.94 109.63 110.84
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA 493,577 447,453 412,124 288,867
Tier 1 Capital($000) NA 523,577 477,453 442,124 318,867
Tier 2 Capital($000) NA 113,800 111,594 107,267 32,912
Total Capital($000) NA 637,377 589,047 549,391 351,779
Total Risk-weighted Assets($000) NA 4,647,616 4,394,345 4,074,564 3,028,742
Tier 1 Common Capital (CET1) Ratio(%) 10.46 10.62 10.18 10.11 9.54
Tier 1 Ratio(%) 11.02 11.27 10.87 10.85 10.53
Total Capital Ratio(%) 13.40 13.71 13.40 13.48 11.61
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 9.41 9.39 9.12 9.07 8.70
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 50,498,410 47,486,250 47,353,864 47,222,914 37,906,481
Avg Diluted Shares(actual) 50,642,000 47,766,000 47,674,000 43,114,000 37,993,000
Basic Book Value per Share 14.36 13.14 12.31 11.65 10.57
Book Value per Share, As Reported 14.36 13.14 12.31 11.65 10.57
Basic Tangible Book Value per Share 11.18 10.22 9.38 8.70 7.62
Tangible Book Value per Share, As Reported 11.18 10.22 9.38 8.70 7.62
Common Dividends Declared per Share 0.49 0.45 0.40 0.37 0.33
EPS after Extra 1.38 1.32 1.09 0.95 0.85
EPS after Extra Growth(%) 4.50 21.10 14.70 11.80 3.70
Core EPS 1.44 1.35 1.10 1 0.88
Core EPS Growth(%) 6.70 22.40 9.80 14.70 5.30
Diluted EPS before Amortization 1.40 1.33 1.10 0.97 0.86
Pre-Provision Earnings per Share 1.52 1.41 1.15 1.04 0.88
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.