Financial Highlights
2018 FY
12/31/2018
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 11,487,387 8,024,501 4,036,311 2,789,599 2,037,731
Total Net Loans 8,806,465 6,190,714 3,228,028 2,245,563 1,616,422
Total Deposits 8,658,351 6,085,886 3,145,581 2,195,123 1,630,826
Equity Attributable to Parent Company 1,969,697 1,241,996 459,740 298,980 199,592
Total Equity 1,969,697 1,241,996 459,740 298,980 199,592
Profitability (%)
Net Income($000) 123,340 60,100 40,103 25,515 16,616
Net Income Attributable to Parent($000) 123,340 60,100 40,103 25,515 16,616
ROAA 1.26 0.99 1.11 0.97 0.91
Core ROAA 1.49 1.34 1.20 1.12 0.96
ROAE 7.72 6.75 9.30 9.31 8.76
ROATCE NA 11.07 12.73 12.04 10.71
Core ROAE 9.12 9.16 10.03 10.73 9.28
Net Interest Margin 4.38 4.43 4.48 4.25 4.21
Reported: Net Interest Margin NA 4.43 4.48 4.25 4.21
Efficiency Ratio 51.63 51.03 53.64 55.81 60.13
Noninterest Inc/ Operating Rev 6.93 10.26 10.53 11.71 12.69
Balance Sheet Ratios (%)
Loans/ Deposits 102.06 101.81 103.05 102.70 99.86
Securities/ Assets NA 10.89 10.58 11.20 10.73
Total Equity/ Total Assets 17.15 15.48 11.39 10.72 9.79
Tangible Equity/ Tangible Assets NA 9.42 8.86 8.82 8.51
Tang Common Equity/ Tang Assets NA 9.42 8.86 8.82 8.51
Asset Quality (%)
NPAs/ Assets NA 0.05 0.04 0.18 0.12
NPA Excl Restructured/ Assets 0.04 0.04 0.04 0.18 0.12
NPAs & 90+ PD/ Assets NA 0.07 0.04 0.18 0.12
NPAs/ Loans & REO NA 0.06 0.05 0.23 0.15
Nonaccrual & 90+ & OREO/ Assets NA 0.07 0.04 0.18 0.12
NPAs & 90+ PD/ Loans & REO NA 0.09 0.05 0.23 0.15
NPA & Loans 90+/ Tangible Common Equity + LLR NA 0.75 0.43 1.99 1.35
NCOs/ Avg Loans 0.01 0.02 0.17 0.06 0.05
Loan Loss Reserves/ Gross Loans 0.41 0.47 0.66 0.77 0.75
Reserves/ NPAs NA 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) NA NA 356,658 245,224 169,830
Tier 1 Capital($000) NA NA 366,658 254,280 179,881
Tier 2 Capital($000) NA NA 81,492 77,920 NA
Total Capital($000) NA NA 448,150 332,200 252,477
Total Risk-weighted Assets($000) NA NA 3,523,860 2,474,140 1,742,238
Tier 1 Common Capital (CET1) Ratio(%) 10.88 10.48 10.12 9.91 9.75
Tier 1 Ratio(%) 11.13 10.78 10.41 10.28 10.30
Total Capital Ratio(%) 12.39 12.46 12.72 13.43 14.49
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 10.38 10.61 9.78 9.52 9.17
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 62,480,755 46,245,050 27,798,283 21,570,746 16,903,884
Avg Diluted Shares(actual) 54,613,057 38,511,261 27,439,159 21,488,698 17,343,977
Basic Book Value per Share 31.52 26.86 16.54 13.86 11.81
Book Value per Share, As Reported 31.52 26.86 16.54 13.86 11.81
Basic Tangible Book Value per Share NA 15.26 12.51 11.17 10.12
Tangible Book Value per Share, As Reported 16.97 15.26 12.51 11.17 10.12
Common Dividends Declared per Share 0 0 0 0 0
EPS after Extra 2.26 1.56 1.46 1.19 0.96
EPS after Extra Growth(%) 44.90 6.80 22.70 24 77.80
Core EPS 2.67 2.12 1.57 1.37 1.02
Core EPS Growth(%) 26 34.50 14.80 34.80 28.30
Diluted EPS before Amortization 2.51 1.72 1.53 1.25 1.02
Pre-Provision Earnings per Share 2.76 2.18 1.82 1.57 1.22
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