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Financial Highlights
Trend Analysis--Quarterly (click here for Annual Analysis)

For the definition of a financial field, click on the field name.

Balance Sheet ($000)
 2017 Q42016 Q4Y-Y
Ch (%)
2017 Q3Q-Q
Ch (%)
Loans Held for Investment, before Reserves1,582,6671,502,6075.331,565,9504.27
Loans Held for Sale, before Reserves3,4195,705(40.07)4,602(102.82)
Loan Loss Reserve19,65819,0892.9819,748(1.82)
Net Loans Receivable1,566,4281,489,2235.181,550,8044.03
Intangible Assets51,25352,614(2.59)51,531(2.16)
Total Assets2,843,4522,570,88010.602,843,948(0.07)
Debt, Senior and Subordinated39,1830NM39,1370.47
Common Equity271,239259,8504.38275,445(6.11)
Total Shareholders' Equity271,239259,8504.38275,445(6.11)
Shares Outstanding (actual)38,200,88337,941,0070.6838,199,0060.02
Income Statement ($000)
 2017 Q42016 Q4Y-Y
Ch (%)
2017 Q3Q-Q
Ch (%)
Net Interest Income26,44423,12414.3626,3211.87
Provision for Loan Losses(291)240NM115NM
Noninterest Income2,5642,3678.322,46016.91
Noninterest Expense14,65114,2772.6214,834(4.93)
Net Income Before Taxes13,97711,64620.0213,8324.19
Provision for Taxes12,7194,431187.055,249569.25
Net Income1,2587,215(82.56)8,583(341.37)
Per Share Items ($)
 2017 Q42016 Q4Y-Y
Ch (%)
2017 Q3Q-Q
Ch (%)
Book Value per Share7.106.853.677.21(6.13)
Tangible Book Value5.765.465.435.86(7.04)
Diluted EPS Before Extra0.030.19(84.21)0.22(345.45)
Diluted EPS After Extra0.030.19(84.21)0.22(345.45)
Dividends Declared0.10000.090011.110.10000.00
Performance Ratios (%)
 2017 Q42016 Q4Y-Y
Ch (bp)
2017 Q3Q-Q
Ch (bp)
Net Interest Margin3.873.91(4)3.98(11)
Loans / Deposits63.7466.42(268)63.1361
Efficiency Ratio52.8254.57(175)51.54128
Balance Sheet Ratios (%)
 2017 Q42016 Q4Y-Y
Ch (bp)
2017 Q3Q-Q
Ch (bp)
Tangible Equity/ Tangible Assets7.888.23(35)8.02(14)
Equity/ Assets9.5410.11(57)9.69(15)
Asset Quality Ratios (%)
 2017 Q42016 Q4Y-Y
Ch (bp)
2017 Q3Q-Q
Ch (bp)
Nonperforming Assets/ Assets0.090.13(4)0.12(3)
Loan Loss Reserves/ Gross Loans1.241.27(3)1.26(2)
Loan Loss Reserves/ NPAs774.24558.3221,592680.269,398
Net Charge-offs/ Avg Loans(0.05)0.32(38)(0.06)1
Regulatory Capital Ratios (%)
 2017 Q42016 Q4Y-Y
Ch (bp)
2017 Q3Q-Q
Ch (bp)
Tier 1 Capital Ratio11.4011.45(5)11.56(16)
   Q-Q Ch(%)= most recent quarter minus prior quarter annualized e.g. [(Q4-Q3)/Q3]*4

  * Percentages presented for individual quarters are annualized by taking the quarter amount and multiplying by four.

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