Financial Highlights
2020 FQ1 YTD
3/31/2020
2019 FY
12/31/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
Balance Sheet ($000)
Total Assets 5,831,458 5,182,879 4,617,858 4,260,547 3,878,633
Total Net Loans 4,352,197 4,368,009 3,894,545 3,669,171 3,281,524
Total Deposits 4,441,233 4,243,511 3,895,340 3,698,354 3,411,837
Equity Attributable to Parent Company 496,440 503,652 469,013 403,678 324,210
Total Equity 496,440 503,652 469,013 403,678 324,210
Profitability (%)
Net Income($000) 1,373 47,434 44,170 36,497 26,477
Net Income Attributable to Parent($000) 1,373 47,434 44,170 36,497 26,477
ROAA 0.11 0.99 1.02 0.89 0.72
Core ROAA 0.11 1.01 1 0.84 0.72
ROAE 1.08 9.70 10.13 10.12 8.92
ROATCE 1.40 10.66 11.05 10.43 9.04
Core ROAE 1.16 9.89 10 9.50 8.92
Net Interest Margin 2.57 2.63 2.75 2.80 2.74
Reported: Net Interest Margin 2.57 2.63 2.75 2.80 2.74
Efficiency Ratio 59.84 58.39 60.62 58.58 59.44
Noninterest Inc/ Operating Rev 31.08 31.21 26.56 23.09 22.99
Balance Sheet Ratios (%)
Loans/ Deposits 99.25 103.55 100.84 100.16 97.08
Securities/ Assets 7.81 8.21 8.69 8 8.23
Total Equity/ Total Assets 8.51 9.72 10.16 9.47 8.36
Tangible Equity/ Tangible Assets 7.86 8.99 9.51 8.97 8.28
Tang Common Equity/ Tang Assets 7.86 8.99 9.51 8.97 8.28
Asset Quality (%)
NPAs/ Assets 0.54 0.60 0.65 0.59 0.76
NPA Excl Restructured/ Assets 0.50 0.56 0.56 0.37 0.30
NPAs & 90+ PD/ Assets 0.54 0.60 0.65 0.59 0.76
NPAs/ Loans & REO 0.72 0.71 0.76 0.68 0.89
Nonaccrual & 90+ & OREO/ Assets 0.50 0.56 0.56 0.37 0.30
NPAs & 90+ PD/ Loans & REO 0.72 0.71 0.76 0.68 0.89
NPA & Loans 90+/ Tangible Common Equity + LLR 6.12 6.19 6.33 6.04 8.37
NCOs/ Avg Loans (0.01) (0.03) 0.04 0.05 0.04
Loan Loss Reserves/ Gross Loans 1.44 0.99 0.98 0.98 0.97
Reserves/ NPAs 200.81 139.59 128.27 144.98 108.88
Loan Loss Provision/ NCO NM NM 238.90 361.56 NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 458,639 463,520 438,238 382,868 323,042
Tier 1 Capital($000) 458,640 463,521 438,240 382,870 323,045
Tier 2 Capital($000) 137,130 127,093 121,697 119,464 80,972
Total Capital($000) 595,770 590,614 559,937 502,334 404,017
Total Risk-weighted Assets($000) 4,282,417 4,159,786 3,725,591 3,385,824 3,048,882
Tier 1 Common Capital (CET1) Ratio(%) 10.71 11.14 11.76 11.31 10.60
Tier 1 Ratio(%) 10.71 11.14 11.76 11.31 10.60
Total Capital Ratio(%) 13.91 14.20 15.03 14.84 13.25
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 8.93 9.33 9.82 9.04 8.35
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 18,852,523 18,926,810 19,337,662 18,619,634 17,257,995
Avg Diluted Shares(actual) 19,079,575 19,411,448 19,148,645 17,943,685 16,514,998
Basic Book Value per Share 26.33 26.61 24.25 21.68 18.79
Book Value per Share, As Reported 26.33 26.61 24.25 21.68 18.79
Basic Tangible Book Value per Share 24.13 24.41 22.54 20.40 18.60
Tangible Book Value per Share, As Reported 24.20 24.47 22.58 20.40 18.60
Common Dividends Declared per Share 0.05 0.20 0.20 0.20 0.20
EPS after Extra 0.07 2.44 2.31 2.03 1.60
EPS after Extra Growth(%) (87.90) 5.60 13.80 26.90 24
Core EPS 0.08 2.49 2.28 1.90 1.60
Core EPS Growth(%) (87.20) 9.10 19.70 19 16.60
Diluted EPS before Amortization 0.09 2.49 2.37 2.05 1.61
Pre-Provision Earnings per Share 0.72 2.85 2.45 2.13 1.97
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.