Financial Highlights
2019 FQ2
6/30/2019
2018 FQ2
6/30/2018
Y-Y Ch (%)
2019 FQ1
3/31/2019
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 7,181,855 5,509,924 30.34 6,932,757 14.37
Total Net Loans 5,107,112 4,232,779 20.66 4,974,636 10.65
Total Deposits 5,559,338 4,247,912 30.87 5,537,113 1.61
Equity Attributable to Parent Company 825,501 574,084 43.79 797,835 13.87
Total Equity 825,501 574,084 43.79 797,835 13.87
Profitability (%)
Net Income($000) 18,424 22,251 (17.20) 16,156 56.15
Net Income Attributable to Parent($000) 18,424 22,251 (17.20) 16,156 56.15
ROAA 1.04 1.64 (60) bp 1.09 (5) bp
Core ROAA 1.58 1.69 (11) bp 1.53 5 bp
ROAE 9.06 15.65 (659) bp 9.76 (70) bp
ROATCE 13.72 20.63 (691) bp 14.01 (29) bp
Core ROAE 13.68 16.14 (246) bp 13.76 (8) bp
Net Interest Margin 3.85 3.76 9 bp 3.82 3 bp
Reported: Net Interest Margin 3.86 3.77 9 bp 3.87 (1) bp
Efficiency Ratio 50.19 49.78 41 bp 51.03 (84) bp
Noninterest Inc/ Operating Rev 16.26 17.08 (82) bp 15.30 96 bp
Balance Sheet Ratios (%)
Loans/ Deposits 92.63 100.66 (803) bp 90.61 202 bp
Securities/ Assets 18.50 13.72 478 bp 17.29 121 bp
Total Equity/ Total Assets 11.49 10.42 107 bp 11.51 (2) bp
Tangible Equity/ Tangible Assets 8.43 8.30 13 bp 8.35 8 bp
Tang Common Equity/ Tang Assets 8.43 8.30 13 bp 8.35 8 bp
Asset Quality (%)
NPAs/ Assets 0.37 0.28 9 bp 0.24 13 bp
NPA Excl Restructured/ Assets 0.36 0.27 9 bp 0.23 13 bp
NPAs & 90+ PD/ Assets 0.42 0.28 14 bp 0.24 18 bp
NPAs/ Loans & REO 0.51 0.36 15 bp 0.33 18 bp
Nonaccrual & 90+ & OREO/ Assets 0.42 0.27 15 bp 0.23 19 bp
NPAs & 90+ PD/ Loans & REO 0.59 0.36 23 bp 0.33 26 bp
NPA & Loans 90+/ Tangible Common Equity + LLR 4.83 3.10 173 bp 2.72 211 bp
NCOs/ Avg Loans 0.08 0.06 2 bp 0.16 (8) bp
Loan Loss Reserves/ Gross Loans 0.85 1.04 (19) bp 0.86 (1) bp
Reserves/ NPAs 166.16 290.86 (12,470) bp 262.60 (9,644) bp
Loan Loss Provision/ NCO 177.53 60.84 11,669 bp 80.83 9,670 bp
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 575,328 461,964 24.54 561,131 10.12
Tier 1 Capital($000) 668,985 529,624 26.31 654,788 8.67
Tier 2 Capital($000) 94,327 94,795 (0.49) 93,600 3.11
Total Capital($000) 763,312 624,419 22.24 748,388 7.98
Total Risk-weighted Assets($000) 6,049,227 4,956,820 22.04 5,821,223 15.67
Tier 1 Common Capital (CET1) Ratio(%) 9.51 9.32 19 bp 9.64 (13) bp
Tier 1 Ratio(%) 11.06 10.68 38 bp 11.25 (19) bp
Total Capital Ratio(%) 12.62 12.60 2 bp 12.86 (24) bp
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 9.81 9.99 (18) bp 11.43 (162) bp
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 26,906,141 23,144,081 16.25 26,877,800 0.42
Avg Diluted Shares(actual) 26,940,000 23,318,000 15.53 24,083,000 47.45
Basic Book Value per Share 30.68 24.80 23.71 29.68 13.48
Book Value per Share, As Reported 30.68 24.81 23.66 29.68 13.48
Basic Tangible Book Value per Share 21.74 19.31 12.58 20.80 18.08
Tangible Book Value per Share, As Reported 21.74 19.32 12.53 20.80 18.08
Common Dividends Declared per Share 0.15 0.11 36.36 0.14 28.57
EPS after Extra 0.68 0.95 (28.42) 0.67 5.97
EPS after Extra Growth(%) (28.40) 90 (11,842) bp (25.60) (286) bp
Core EPS 1.03 0.98 5.10 0.95 33.68
Core EPS Growth(%) 4.80 50 (4,514) bp 2.50 230 bp
Diluted EPS before Amortization 0.74 0.98 (24.49) 0.70 22.86
Pre-Provision Earnings per Share 1.02 0.94 8.51 0.96 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.


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