Financial Highlights Report

Trend Analysis--Annual (click here for Quarterly Analysis) For the definition of a financial field, click on the field name. Balance Sheet ($000)   2019Y 2018Y 2019/ 2018 Ch (%) 2017Y 2018/ 2017 Ch (%) Loans Held for Investment, before Reserves 11,983,943 8,340,504 43.68 4,773,221 74.74 Loans Held for Sale, before Reserves 142,801 40,399 253.48 19,647 105.62 Loan Loss Reserve 40,655 39,770 2.23 32,825 21.16 Net Loans Receivable 12,086,089 8,341,133 44.90 4,760,043 75.23 Intangible Assets 1,298,749 870,493 49.20 282,297 208.36 Total Assets 17,142,025 12,337,588 38.94 7,123,975 73.18 Deposits 13,136,392 9,477,336 38.61 5,560,523 70.44 Debt, Senior and Subordinated 739,162 745,547 (0.86) 584,762 27.50 Common Equity 2,896,718 1,971,344 46.94 904,750 117.89 Total Shareholders' Equity 2,896,718 1,971,344 46.94 904,750 117.89 Shares Outstanding (actual) 125,173,597 95,679,596 30.83 60,161,334 59.04 Income Statement ($000)   2019Y 2018Y 2019/ 2018 Ch (%) 2017Y 2018/ 2017 Ch (%) Net Interest Income 585,728 413,082 41.79 235,543 75.37 Provision for Loan Losses 10,585 8,283 27.79 4,958 67.06 Noninterest Income 166,035 104,538 58.83 63,958 63.45 Noninterest Expense 405,914 273,859 48.22 172,920 58.37 Net Income Before Taxes 294,296 197,459 49.04 109,275 80.70 Provision for Taxes 67,698 41,024 65.02 53,480 (23.29) Net Income 226,598 156,435 44.85 55,795 180.37 Per Share Items ($)   2019Y 2018Y 2019/ 2018 Ch (%) 2017Y 2018/ 2017 Ch (%) Book Value per Share 23.14 20.60 12.32 15.04 37.00 Tangible Book Value 12.77 11.51 10.95 10.35 11.20 Diluted EPS Before Extra 1.87 1.76 6.25 0.95 85.26 Diluted EPS After Extra 1.87 1.76 6.25 0.95 85.26 Dividends Declared 0.4400 0.4000 10.00 0.2400 66.67 Performance Ratios (%)   2019Y 2018Y 2019/ 2018 Ch (bp) 2017Y 2018/ 2017 Ch (bp) ROAA 1.42 1.43 (1) 0.88 55 ROAE 8.47 9.41 (94) 6.81 260 Net Interest Margin 4.31 4.39 (8) 4.28 11 Loans / Deposits 91.23 88.00 322 85.84 216 Efficiency Ratio 51.90 51.40 50 55.50 (410) Balance Sheet Ratios (%)   2019Y 2018Y 2019/ 2018 Ch (bp) 2017Y 2018/ 2017 Ch (bp) Tangible Equity/ Tangible Assets 10.09 9.60 49 9.10 50 Equity/ Assets 16.90 15.98 92 12.70 328 Asset Quality Ratios (%)   2019Y 2018Y 2019/ 2018 Ch (bp) 2017Y 2018/ 2017 Ch (bp) Nonperforming Assets/ Assets 0.26 0.22 4 0.30 (8) Loan Loss Reserves/ Gross Loans 0.34 0.47 (14) 0.68 (21) Loan Loss Reserves/ NPAs 81.00 113.31 (3,231) 97.98 1,533 Net Charge-offs/ Avg Loans 0.09 0.02 7 (0.02) 4 Regulatory Capital Ratios (%)   2019Y 2018Y 2019/ 2018 Ch (bp) 2017Y 2018/ 2017 Ch (bp) Tier 1 Capital Ratio 11.34 12.27 (93) 11.96 31

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