Financial Highlights

Financial Highlights
Custom Periods
Period Ended
2019 FQ1
3/31/2019
2018 FQ1
3/31/2018
Y-Y Ch (%)
2018 FQ4
12/31/2018
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 6,932,757 5,383,102 28.79 5,645,662 91.19
Total Net Loans 4,974,636 4,147,943 19.93 4,306,917 62.01
Total Deposits 5,537,113 4,281,377 29.33 4,587,985 82.75
Equity Attributable to Parent Company 797,835 555,015 43.75 603,804 128.54
Total Equity 797,835 555,015 43.75 603,804 128.54
Profitability (%)
Net Income($000) 16,156 20,921 (22.78) 23,529 (125.34)
Net Income Attributable to Parent($000) 16,156 20,921 (22.78) 23,529 (125.34)
ROAA 1.09 1.57 (48) bp 1.71 (62) bp
Core ROAA 1.52 1.61 (9) bp 1.81 (29) bp
ROAE 9.76 15.10 (534) bp 15.74 (598) bp
ROATCE 14.01 20.13 (612) bp 20.35 (634) bp
Core ROAE 13.62 15.47 (185) bp 16.73 (311) bp
Net Interest Margin 3.82 3.75 7 bp 3.97 (15) bp
Reported: Net Interest Margin 3.87 3.80 7 bp 3.94 (7) bp
Efficiency Ratio 51.27 50.94 33 bp 46.97 430 bp
Noninterest Inc/ Operating Rev 14.90 17.11 (221) bp 17.46 (256) bp
Balance Sheet Ratios (%)
Loans/ Deposits 90.61 97.89 (728) bp 94.81 (420) bp
Securities/ Assets 17.29 13.97 332 bp 14.41 288 bp
Total Equity/ Total Assets 11.51 10.31 120 bp 10.70 81 bp
Tangible Equity/ Tangible Assets 8.35 8.13 22 bp 8.66 (31) bp
Tang Common Equity/ Tang Assets 8.35 8.13 22 bp 8.66 (31) bp
Asset Quality (%)
NPAs/ Assets 0.24 0.30 (6) bp 0.30 (6) bp
NPA Excl Restructured/ Assets 0.23 0.28 (5) bp 0.30 (7) bp
NPAs & 90+ PD/ Assets 0.24 0.30 (6) bp 0.30 (6) bp
NPAs/ Loans & REO 0.33 0.38 (5) bp 0.40 (7) bp
Nonaccrual & 90+ & OREO/ Assets 0.23 0.29 (6) bp 0.30 (7) bp
NPAs & 90+ PD/ Loans & REO 0.33 0.39 (6) bp 0.40 (7) bp
NPA & Loans 90+/ Tangible Common Equity + LLR 2.72 3.46 (74) bp 3.30 (58) bp
NCOs/ Avg Loans 0.16 (0.02) 18 bp 0.26 (10) bp
Loan Loss Reserves/ Gross Loans 0.86 1.06 (20) bp 1 (14) bp
Reserves/ NPAs 262.60 278.42 (1,582) bp 252.56 1,004 bp
Loan Loss Provision/ NCO 80.83 NM NM 75.12 571 bp
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 561,131 441,402 27.12 489,301 58.72
Tier 1 Capital($000) 654,788 509,062 28.63 556,958 70.26
Tier 2 Capital($000) 93,600 95,075 (1.55) 93,901 (1.28)
Total Capital($000) 748,388 604,137 23.88 650,859 59.94
Total Risk-weighted Assets($000) 5,821,223 4,867,491 19.59 4,999,363 65.76
Tier 1 Common Capital (CET1) Ratio(%) 9.64 9.07 57 bp 9.79 (15) bp
Tier 1 Ratio(%) 11.25 10.46 79 bp 11.14 11 bp
Total Capital Ratio(%) 12.86 12.41 45 bp 13.02 (16) bp
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 11.43 9.75 168 bp 10.29 114 bp
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 26,877,800 23,111,122 16.30 22,811,889 71.29
Avg Diluted Shares(actual) 24,083,000 23,287,000 3.42 23,170,000 15.76
Basic Book Value per Share 29.68 24.02 23.56 26.47 48.51
Book Value per Share, As Reported 29.68 24.02 23.56 26.47 48.51
Basic Tangible Book Value per Share 20.80 18.49 12.49 20.95 (2.86)
Tangible Book Value per Share, As Reported 20.80 18.49 12.49 20.95 (2.86)
Common Dividends Declared per Share 0.14 0.11 27.27 0.13 30.77
EPS after Extra 0.67 0.90 (25.56) 1.02 (137.25)
EPS after Extra Growth(%) (25.60) 60.70 (8,627) bp 218.80 (24,431) bp
Core EPS 0.94 0.92 2.17 1.08 (51.85)
Core EPS Growth(%) 1.50 48.20 (4,674) bp 26.90 (2,543) bp
Diluted EPS before Amortization 0.70 0.93 (24.73) 1.05 (133.33)
Pre-Provision Earnings per Share 0.95 0.90 5.56 1.09 (51.38)

  † 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.