Financial Highlights

Financial Highlights
Custom Periods
Period Ended
2020 FQ1
3/31/2020
2019 FQ1
3/31/2019
Y-Y Ch (%)
2019 FQ4
12/31/2019
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 7,500,643 6,932,757 8.19 7,333,791 9.10
Total Net Loans 5,373,760 4,974,636 8.02 5,276,619 7.36
Total Deposits 5,989,906 5,537,113 8.18 5,771,023 15.17
Equity Attributable to Parent Company 846,436 797,835 6.09 867,185 (9.57)
Total Equity 846,436 797,835 6.09 867,185 (9.57)
Profitability (%)
Net Income($000) 12,868 16,156 (20.35) 29,090 (223.06)
Net Income Attributable to Parent($000) 12,868 16,156 (20.35) 29,090 (223.06)
ROAA 0.70 1.09 (39) bp 1.59 (89) bp
Core ROAA 0.76 1.53 (77) bp 1.65 (89) bp
ROAE 5.95 9.76 (381) bp 13.54 (759) bp
ROATCE 8.93 14.01 (508) bp 19.49 (1,056) bp
Core ROAE 6.49 13.76 (727) bp 14.03 (754) bp
Net Interest Margin 3.76 3.82 (6) bp 3.71 5 bp
Reported: Net Interest Margin 3.79 3.87 (8) bp 3.68 11 bp
Efficiency Ratio 48.08 51.03 (295) bp 48.16 (8) bp
Noninterest Inc/ Operating Rev 17.52 15.30 222 bp 18.69 (117) bp
Balance Sheet Ratios (%)
Loans/ Deposits 91.11 90.61 50 bp 92.09 (98) bp
Securities/ Assets 18.43 17.29 114 bp 18.47 (4) bp
Total Equity/ Total Assets 11.28 11.51 (23) bp 11.82 (54) bp
Tangible Equity/ Tangible Assets 8.42 8.35 7 bp 8.89 (47) bp
Tang Common Equity/ Tang Assets 8.42 8.35 7 bp 8.89 (47) bp
Asset Quality (%)
NPAs/ Assets 0.56 0.24 32 bp 0.44 12 bp
NPA Excl Restructured/ Assets 0.51 0.23 28 bp 0.44 7 bp
NPAs & 90+ PD/ Assets 0.56 0.24 32 bp 0.45 11 bp
NPAs/ Loans & REO 0.77 0.33 44 bp 0.61 16 bp
Nonaccrual & 90+ & OREO/ Assets 0.51 0.23 28 bp 0.45 6 bp
NPAs & 90+ PD/ Loans & REO 0.77 0.33 44 bp 0.62 15 bp
NPA & Loans 90+/ Tangible Common Equity + LLR 6.01 2.72 329 bp 4.86 115 bp
NCOs/ Avg Loans (0.04) 0.16 (20) bp 0.19 (23) bp
Loan Loss Reserves/ Gross Loans 1.69 0.86 83 bp 0.81 88 bp
Reserves/ NPAs 218.71 262.60 (4,389) bp 133.12 8,559 bp
Loan Loss Provision/ NCO NM 80.83 NM 52.71 NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 615,552 561,131 9.70 616,825 (0.83)
Tier 1 Capital($000) 709,207 654,788 8.31 710,480 (0.72)
Tier 2 Capital($000) 116,598 93,600 24.57 93,793 97.26
Total Capital($000) 825,805 748,388 10.34 804,273 10.71
Total Risk-weighted Assets($000) 6,427,799 5,821,223 10.42 6,232,354 12.54
Tier 1 Common Capital (CET1) Ratio(%) 9.58 9.64 (6) bp 9.90 (32) bp
Tier 1 Ratio(%) 11.03 11.25 (22) bp 11.40 (37) bp
Total Capital Ratio(%) 12.85 12.86 (1) bp 12.90 (5) bp
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 9.94 11.43 (149) bp 10.05 (11) bp
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 26,160,509 26,877,800 (2.67) 26,543,245 (5.77)
Avg Diluted Shares(actual) 26,539,000 24,083,000 10.20 26,668,000 (1.93)
Basic Book Value per Share 32.36 29.68 9.03 32.67 (3.80)
Book Value per Share, As Reported 32.36 29.68 9.03 32.67 (3.80)
Basic Tangible Book Value per Share 23.38 20.80 12.40 23.76 (6.40)
Tangible Book Value per Share, As Reported 23.38 20.80 12.40 23.76 (6.40)
Common Dividends Declared per Share 0.18 0.14 28.57 0.17 23.53
EPS after Extra 0.48 0.67 (28.36) 1.09 (223.85)
EPS after Extra Growth(%) (28.40) (25.60) (280) bp 6.90 (3,522) bp
Core EPS 0.52 0.95 (45.26) 1.13 (215.93)
Core EPS Growth(%) (44.60) 2.50 (4,710) bp 4.30 (4,883) bp
Diluted EPS before Amortization 0.54 0.70 (22.86) 1.15 (212.17)
Pre-Provision Earnings per Share 1.12 0.96 16.67 1.11 3.60

  † 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.