Financial Highlights
2020 FQ2
6/30/2020
2019 FQ2
6/30/2019
Y-Y Ch (%)
2020 FQ1
3/31/2020
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 8,357,501 7,181,855 16.37 7,500,643 45.70
Total Net Loans 6,045,810 5,107,112 18.38 5,373,760 50.02
Total Deposits 6,699,580 5,559,338 20.51 5,989,906 47.39
Equity Attributable to Parent Company 867,963 825,501 5.14 846,436 10.17
Total Equity 867,963 825,501 5.14 846,436 10.17
Profitability (%)
Net Income($000) 14,634 18,424 (20.57) 12,868 54.90
Net Income Attributable to Parent($000) 14,634 18,424 (20.57) 12,868 54.90
ROAA 0.72 1.04 (32) bp 0.70 2 bp
Core ROAA 0.77 1.58 (81) bp 0.76 1 bp
ROAE 6.74 9.06 (232) bp 5.95 79 bp
ROATCE 9.93 13.72 (379) bp 8.93 100 bp
Core ROAE 7.25 13.68 (643) bp 6.49 76 bp
Net Interest Margin 3.52 3.85 (33) bp 3.76 (24) bp
Reported: Net Interest Margin 3.53 3.86 (33) bp 3.79 (26) bp
Efficiency Ratio 47.71 50.19 (248) bp 48.08 (37) bp
Noninterest Inc/ Operating Rev 13.08 16.26 (318) bp 17.52 (444) bp
Balance Sheet Ratios (%)
Loans/ Deposits 91.65 92.63 (98) bp 91.11 54 bp
Securities/ Assets 16.60 18.50 (190) bp 18.43 (183) bp
Total Equity/ Total Assets 10.39 11.49 (110) bp 11.28 (89) bp
Tangible Equity/ Tangible Assets 7.81 8.43 (62) bp 8.42 (61) bp
Tang Common Equity/ Tang Assets 7.81 8.43 (62) bp 8.42 (61) bp
Asset Quality (%)
NPAs/ Assets 0.54 0.37 17 bp 0.56 (2) bp
NPA Excl Restructured/ Assets 0.50 0.36 14 bp 0.51 (1) bp
NPAs & 90+ PD/ Assets 0.55 0.42 13 bp 0.56 (1) bp
NPAs/ Loans & REO 0.74 0.51 23 bp 0.77 (3) bp
Nonaccrual & 90+ & OREO/ Assets 0.51 0.42 9 bp 0.51 0 bp
NPAs & 90+ PD/ Loans & REO 0.75 0.59 16 bp 0.77 (2) bp
NPA & Loans 90+/ Tangible Common Equity + LLR 6.22 4.83 139 bp 6.01 21 bp
NCOs/ Avg Loans 0.02 0.08 (6) bp (0.04) 6 bp
Loan Loss Reserves/ Gross Loans 1.79 0.85 94 bp 1.69 10 bp
Reserves/ NPAs 242.56 166.16 7,640 bp 218.71 2,385 bp
Loan Loss Provision/ NCO NM 177.53 NM NM NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 632,919 575,328 10.01 615,552 11.29
Tier 1 Capital($000) 726,574 668,985 8.61 709,207 9.80
Tier 2 Capital($000) 193,119 94,327 104.73 116,598 262.51
Total Capital($000) 919,693 763,312 20.49 825,805 45.48
Total Risk-weighted Assets($000) 6,387,528 6,049,227 5.59 6,427,799 (2.51)
Tier 1 Common Capital (CET1) Ratio(%) 9.91 9.51 40 bp 9.58 33 bp
Tier 1 Ratio(%) 11.37 11.06 31 bp 11.03 34 bp
Total Capital Ratio(%) 14.40 12.62 178 bp 12.85 155 bp
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 9.16 9.81 (65) bp 9.94 (78) bp
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 26,195,994 26,906,141 (2.64) 26,160,509 0.54
Avg Diluted Shares(actual) 26,195,000 26,940,000 (2.77) 26,539,000 (5.18)
Basic Book Value per Share 33.13 30.68 7.99 32.36 9.52
Book Value per Share, As Reported 33.13 30.68 7.99 32.36 9.52
Basic Tangible Book Value per Share 24.22 21.74 11.41 23.38 14.37
Tangible Book Value per Share, As Reported 24.22 21.74 11.41 23.38 14.37
Common Dividends Declared per Share 0.18 0.15 20 0.18 0
EPS after Extra 0.56 0.68 (17.65) 0.48 66.67
EPS after Extra Growth(%) (17.60) (28.40) 1,077 bp (28.40) 1,071 bp
Core EPS 0.60 1.03 (41.75) 0.52 61.54
Core EPS Growth(%) (41.40) 4.80 (4,618) bp (44.60) 322 bp
Diluted EPS before Amortization 0.61 0.74 (17.57) 0.54 51.85
Pre-Provision Earnings per Share 1.15 1.02 12.75 1.12 10.71

   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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