Financial Highlights

Financial Highlights
2016 FY
12/31/2016
2017 FY
12/31/2017
2018 FY
12/31/2018
2019 FY
12/31/2019
2020 FQ2 YTD
6/30/2020
Balance Sheet ($000)
Total Assets 3,850,094 3,991,417 4,408,432 5,055,302 5,041,575
Total Net Loans 2,943,489 3,114,659 3,217,673 3,408,378 3,550,839
Total Deposits 2,713,587 2,836,979 3,286,512 3,408,233 3,621,658
Equity Attributable to Parent Company 621,196 638,877 666,439 695,853 712,576
Total Equity 621,196 638,877 666,439 695,853 712,576
Profitability (%)
Net Income($000) 26,130 24,768 40,079 40,235 15,344
Net Income Attributable to Parent($000) 26,130 24,768 40,079 40,235 15,344
ROAA 0.70 0.63 0.95 0.86 0.61
Core ROAA 0.77 0.88 0.96 0.82 0.62
ROAE 4.26 3.88 6.17 5.89 4.35
ROATCE 4.58 4.18 6.61 6.28 4.63
Core ROAE 4.70 5.38 6.21 5.60 4.44
Net Interest Margin 2.98 2.99 2.81 2.55 2.54
Reported: Net Interest Margin 2.98 2.99 2.81 2.55 2.55
Efficiency Ratio 60.53 56.36 55.79 58.82 51.27
Noninterest Inc/ Operating Rev 8.64 8.39 6.67 8.88 6.65
Balance Sheet Ratios (%)
Loans/ Deposits 109.38 110.71 98.74 100.85 99.11
Securities/ Assets 14.08 14.02 19.29 23.76 21.56
Total Equity/ Total Assets 16.13 16.01 15.12 13.76 14.13
Tangible Equity/ Tangible Assets 15.25 15.16 14.35 13.09 13.46
Tang Common Equity/ Tang Assets 15.25 15.16 14.35 13.09 13.46
Asset Quality (%)
NPAs/ Assets 0.75 0.61 0.58 0.47 0.44
NPA Excl Restructured/ Assets 0.21 0.16 0.21 0.19 0.17
NPAs & 90+ PD/ Assets 0.75 0.61 0.58 0.48 0.46
NPAs/ Loans & REO 0.97 0.78 0.79 0.69 0.62
Nonaccrual & 90+ & OREO/ Assets 0.21 0.16 0.21 0.20 0.19
NPAs & 90+ PD/ Loans & REO 0.97 0.78 0.79 0.70 0.64
NPA & Loans 90+/ Tangible Common Equity + LLR 4.77 3.90 3.91 3.52 3.24
NCOs/ Avg Loans 0.03 (0.01) 0.04 (0.04) 0.02
Loan Loss Reserves/ Gross Loans 0.83 0.83 0.85 0.84 1.07
Reserves/ NPAs 85.40 107.38 107.61 121.76 174.29
Loan Loss Provision/ NCO 78.40 NM 204.62 NM NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 586,055 604,208 636,141 651,974 658,831
Tier 1 Capital($000) 586,055 604,208 636,141 651,974 658,831
Tier 2 Capital($000) 25,113 26,645 28,049 29,493 NA
Total Capital($000) 611,168 630,853 664,190 681,467 NA
Total Risk-weighted Assets($000) 3,118,421 3,353,702 3,704,381 3,987,521 NA
Tier 1 Common Capital (CET1) Ratio(%) 18.79 18.02 17.17 16.35 NA
Tier 1 Ratio(%) 18.79 18.02 17.17 16.35 NA
Total Capital Ratio(%) 19.60 18.81 17.93 17.09 NA
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 15.40 15.27 14.82 13.37 13.03
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 48,526,658 48,803,885 49,635,673 49,175,347 49,263,377
Avg Diluted Shares(actual) 45,717,887 46,875,730 47,107,433 47,163,804 46,927,504
Basic Book Value per Share 12.80 13.09 13.43 14.15 14.46
Book Value per Share, As Reported NA NA NA 14.15 14.46
Basic Tangible Book Value per Share 11.97 12.28 12.63 13.35 13.67
Tangible Book Value per Share, As Reported 11.97 12.28 12.63 13.35 13.67
Common Dividends Declared per Share 0.31 0.34 0.40 0.43 0.22
EPS after Extra 0.57 0.53 0.85 0.85 0.33
EPS after Extra Growth(%) 26.70 (7) 60.40 0 (8.30)
Core EPS 0.63 0.74 0.86 0.81 0.34
Core EPS Growth(%) 36.10 16.90 16.40 (5.70) (5.90)
Diluted EPS before Amortization 0.58 0.54 0.86 0.86 0.33
Pre-Provision Earnings per Share 0.63 0.72 0.88 0.84 0.53
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