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Financial Highlights

Financial Highlights
2019 FQ4
12/31/2019
2018 FQ3
9/30/2018
Y-Y Ch (%)
2019 FQ2
6/30/2019
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 12,457,254 9,787,282 27.28 10,737,857 64.05
Total Net Loans 8,388,063 7,012,687 19.61 7,435,950 51.22
Total Deposits 9,839,956 7,633,152 28.91 8,319,328 73.11
Equity Attributable to Parent Company 1,786,437 1,361,426 31.22 1,501,636 75.86
Total Equity 1,786,437 1,361,426 31.22 1,501,636 75.86
Profitability (%)
Net Income($000) 47,830 41,113 16.34 41,056 66
Net Income Attributable to Parent($000) 47,830 41,113 16.34 41,056 66
ROAA 1.53 1.69 (16) bp 1.56 (3) bp
Core ROAA 1.60 1.70 (10) bp 1.61 (1) bp
ROAE 10.82 12.10 (128) bp 11.10 (28) bp
ROATCE 16.52 19.14 (262) bp 16.71 (19) bp
Core ROAE 11.25 12.19 (94) bp 11.43 (18) bp
Net Interest Margin 3.62 4.05 (43) bp 3.71 (9) bp
Reported: Net Interest Margin 3.62 4.05 (43) bp 3.71 (9) bp
Efficiency Ratio 49.54 49.25 29 bp 49.26 28 bp
Noninterest Inc/ Operating Rev 19.21 17.42 179 bp 18.81 40 bp
Balance Sheet Ratios (%)
Loans/ Deposits 85.97 92.86 (689) bp 90.29 (432) bp
Securities/ Assets 21.07 16.88 419 bp 19.74 133 bp
Total Equity/ Total Assets 14.34 13.91 43 bp 13.98 36 bp
Tangible Equity/ Tangible Assets 10.17 9.55 62 bp 10.08 9 bp
Tang Common Equity/ Tang Assets 10.16 9.55 61 bp 10.07 9 bp
Asset Quality (%)
NPAs/ Assets 0.20 0.31 (11) bp 0.26 (6) bp
NPA Excl Restructured/ Assets 0.19 0.30 (11) bp 0.25 (6) bp
NPAs & 90+ PD/ Assets 0.20 0.31 (11) bp 0.26 (6) bp
NPAs/ Loans & REO 0.29 0.43 (14) bp 0.36 (7) bp
Nonaccrual & 90+ & OREO/ Assets 0.19 0.30 (11) bp 0.25 (6) bp
NPAs & 90+ PD/ Loans & REO 0.29 0.43 (14) bp 0.37 (8) bp
NPA & Loans 90+/ Tangible Common Equity + LLR 1.89 3.13 (124) bp 2.47 (58) bp
NCOs/ Avg Loans 0.04 0.03 1 bp 0.01 3 bp
Loan Loss Reserves/ Gross Loans 0.95 1.11 (16) bp 1.08 (13) bp
Reserves/ NPAs 330.16 259.21 7,095 bp 296.56 3,360 bp
Loan Loss Provision/ NCO 63.53 260.71 (19,718) bp 390.63 (32,709) bp
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 1,188,970 930,941 27.72 1,023,437 64.70
Tier 1 Capital($000) 1,255,333 997,027 25.91 1,089,689 60.80
Tier 2 Capital($000) 145,284 143,406 1.31 146,274 (2.71)
Total Capital($000) 1,400,617 1,140,433 22.81 1,235,963 53.29
Total Risk-weighted Assets($000) 9,799,329 8,001,191 22.47 8,491,188 61.62
Tier 1 Common Capital (CET1) Ratio(%) 12.13 11.64 49 bp 12.05 8 bp
Tier 1 Ratio(%) 12.81 12.46 35 bp 12.83 (2) bp
Total Capital Ratio(%) 14.29 14.25 4 bp 14.56 (27) bp
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 10.54 10.73 (19) bp 10.86 (32) bp
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 55,368,482 49,304,542 12.30 49,456,594 47.81
Avg Diluted Shares(actual) 55,520,000 49,492,019 12.18 49,549,887 48.19
Basic Book Value per Share 32.26 27.61 16.84 30.36 25.03
Book Value per Share, As Reported NA 27.61 NA 30.36 NA
Basic Tangible Book Value per Share 21.81 18.05 20.83 20.92 17.02
Tangible Book Value per Share, As Reported 21.94 18.16 20.81 21.01 17.71
Common Dividends Declared per Share 0.26 0.22 18.18 0.26 0
EPS after Extra 0.87 0.83 4.82 0.83 19.28
EPS after Extra Growth(%) 2.40 66 (6,365) bp 3.70 (140) bp
Core EPS 0.91 0.84 8.33 0.85 28.24
Core EPS Growth(%) 3.80 35.50 (3,172) bp 5.80 (201) bp
Diluted EPS before Amortization 0.90 0.86 4.65 0.86 18.60
Pre-Provision Earnings per Share 0.83 0.79 5.06 0.79 20.25

   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.


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.