Financial Highlights
2018 FQ3 YTD
9/30/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
2015 FY
12/31/2015
2014 FY
12/31/2014
Balance Sheet ($000)
Total Assets 11,503,881 8,024,501 4,036,311 2,789,599 2,037,731
Total Net Loans 8,778,778 6,190,714 3,228,028 2,245,563 1,616,422
Total Deposits 8,502,145 6,085,886 3,145,581 2,195,123 1,630,826
Equity Attributable to Parent Company 1,916,377 1,241,996 459,740 298,980 199,592
Total Equity 1,916,377 1,241,996 459,740 298,980 199,592
Profitability (%)
Net Income($000) 83,697 60,100 40,103 25,515 16,616
Net Income Attributable to Parent($000) 83,697 60,100 40,103 25,515 16,616
ROAA 1.21 0.99 1.11 0.97 0.91
Core ROAA 1.45 1.34 1.20 1.12 0.96
ROAE 7.52 6.75 9.30 9.31 8.76
ROATCE 13.65 11.07 12.73 12.04 10.71
Core ROAE 9.01 9.16 10.03 10.73 9.28
Net Interest Margin 4.41 4.43 4.48 4.25 4.21
Reported: Net Interest Margin 4.42 4.43 4.48 4.25 4.21
Efficiency Ratio 52.96 50.96 53.64 55.81 60.13
Noninterest Inc/ Operating Rev 7.27 10.26 10.53 11.71 12.69
Balance Sheet Ratios (%)
Loans/ Deposits 103.02 101.81 103.05 102.70 99.86
Securities/ Assets 10.59 10.89 10.58 11.20 10.73
Total Equity/ Total Assets 16.66 15.48 11.39 10.72 9.79
Tangible Equity/ Tangible Assets 9.47 9.42 8.86 8.82 8.51
Tang Common Equity/ Tang Assets 9.47 9.42 8.86 8.82 8.51
Asset Quality (%)
NPAs/ Assets 0.07 0.05 0.04 0.18 0.12
NPA Excl Restructured/ Assets 0.07 0.04 0.04 0.18 0.12
NPAs & 90+ PD/ Assets 0.07 0.07 0.04 0.18 0.12
NPAs/ Loans & REO 0.09 0.06 0.05 0.23 0.15
Nonaccrual & 90+ & OREO/ Assets 0.07 0.07 0.04 0.18 0.12
NPAs & 90+ PD/ Loans & REO 0.09 0.09 0.05 0.23 0.15
NPA & Loans 90+/ Tangible Common Equity + LLR 0.75 0.75 0.43 1.99 1.35
NCOs/ Avg Loans 0.02 0.02 0.17 0.06 0.05
Loan Loss Reserves/ Gross Loans 0.38 0.47 0.66 0.77 0.75
Reserves/ NPAs 429.59 780.58 NM 337.50 491.74
Loan Loss Provision/ NCO NM NM 182.95 491.21 NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 1,042,468 NA 356,658 245,224 169,830
Tier 1 Capital($000) 1,067,391 NA 366,658 254,280 179,881
Tier 2 Capital($000) 122,975 NA 81,492 77,920 NA
Total Capital($000) 1,190,366 NA 448,150 332,200 252,477
Total Risk-weighted Assets($000) 9,836,759 NA 3,523,860 2,474,140 1,742,238
Tier 1 Common Capital (CET1) Ratio(%) 10.55 10.48 10.12 9.91 9.75
Tier 1 Ratio(%) 10.81 10.78 10.41 10.28 10.30
Total Capital Ratio(%) 12.05 12.46 12.72 13.43 14.49
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 10.15 10.61 9.78 9.52 9.17
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 62,472,721 46,245,050 27,798,283 21,570,746 16,903,884
Avg Diluted Shares(actual) 51,965,647 38,511,261 27,439,159 21,488,698 17,343,977
Basic Book Value per Share 30.68 26.86 16.54 13.86 11.81
Book Value per Share, As Reported 30.68 26.86 16.54 13.86 11.81
Basic Tangible Book Value per Share 16.06 15.26 12.51 11.17 10.12
Tangible Book Value per Share, As Reported 16.06 15.26 12.51 11.17 10.12
Common Dividends Declared per Share 0 0 0 0 0
EPS after Extra 1.61 1.56 1.46 1.19 0.96
EPS after Extra Growth(%) 34.20 6.80 22.70 24 77.80
Core EPS 1.93 2.12 1.57 1.37 1.02
Core EPS Growth(%) 29 34.50 14.80 34.80 28.30
Diluted EPS before Amortization 1.78 1.72 1.53 1.25 1.02
Pre-Provision Earnings per Share 1.98 2.18 1.82 1.57 1.22
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