Financial Highlights

Financial Highlights
Custom Periods
Period Ended
2018 FQ4
12/31/2018
2017 FQ4
12/31/2017
Y-Y Ch (%)
2018 FQ3
9/30/2018
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 5,645,662 5,289,225 6.74 5,517,539 9.29
Total Net Loans 4,306,917 4,057,628 6.14 4,223,982 7.85
Total Deposits 4,587,985 4,156,414 10.38 4,210,476 35.86
Equity Attributable to Parent Company 603,804 548,573 10.07 586,837 11.57
Total Equity 603,804 548,573 10.07 586,837 11.57
Profitability (%)
Net Income($000) 23,529 7,529 212.51 22,516 18
Net Income Attributable to Parent($000) 23,529 7,529 212.51 22,516 18
ROAA 1.71 0.58 113 bp 1.65 6 bp
Core ROAA 1.81 1.54 27 bp 1.72 9 bp
ROAE 15.74 5.42 1,032 bp 15.35 39 bp
ROATCE 20.35 7.47 1,288 bp 20.01 34 bp
Core ROAE 16.73 14.46 227 bp 16.05 68 bp
Net Interest Margin 3.97 3.96 1 bp 3.81 16 bp
Reported: Net Interest Margin 3.94 3.89 5 bp 3.78 16 bp
Efficiency Ratio 46.97 46.72 25 bp 50.46 (349) bp
Noninterest Inc/ Operating Rev 17.46 18.88 (142) bp 14.86 260 bp
Balance Sheet Ratios (%)
Loans/ Deposits 94.81 98.57 (376) bp 101.35 (654) bp
Securities/ Assets 14.41 14.03 38 bp 14.05 36 bp
Total Equity/ Total Assets 10.70 10.37 33 bp 10.64 6 bp
Tangible Equity/ Tangible Assets 8.66 8.14 52 bp 8.54 12 bp
Tang Common Equity/ Tang Assets 8.66 8.14 52 bp 8.54 12 bp
Asset Quality (%)
NPAs/ Assets 0.30 0.31 (1) bp 0.29 1 bp
NPA Excl Restructured/ Assets 0.30 0.29 1 bp 0.28 2 bp
NPAs & 90+ PD/ Assets 0.30 0.31 (1) bp 0.32 (2) bp
NPAs/ Loans & REO 0.40 0.39 1 bp 0.38 2 bp
Nonaccrual & 90+ & OREO/ Assets 0.30 0.29 1 bp 0.30 0 bp
NPAs & 90+ PD/ Loans & REO 0.40 0.39 1 bp 0.41 (1) bp
NPA & Loans 90+/ Tangible Common Equity + LLR 3.30 3.50 (20) bp 3.46 (16) bp
NCOs/ Avg Loans 0.26 0.33 (7) bp 0.23 3 bp
Loan Loss Reserves/ Gross Loans 1 1.04 (4) bp 1.04 (4) bp
Reserves/ NPAs 252.56 263.06 (1,050) bp 273.38 (2,082) bp
Loan Loss Provision/ NCO 75.12 87.75 (1,263) bp 92.48 (1,736) bp
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 489,301 428,397 14.22 479,231 8.41
Tier 1 Capital($000) 556,958 496,045 12.28 546,891 7.36
Tier 2 Capital($000) 93,901 93,002 0.97 94,611 (3)
Total Capital($000) 650,859 589,047 10.49 641,502 5.83
Total Risk-weighted Assets($000) 4,999,363 4,822,695 3.66 4,958,999 3.26
Tier 1 Common Capital (CET1) Ratio(%) 9.79 8.88 91 bp 9.66 13 bp
Tier 1 Ratio(%) 11.14 10.29 85 bp 11.03 11 bp
Total Capital Ratio(%) 13.02 12.21 81 bp 12.94 8 bp
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 10.29 9.72 57 bp 10.20 9 bp
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 22,811,889 23,089,439 (1.20) 23,091,666 (4.85)
Avg Diluted Shares(actual) 23,170,000 23,342,000 (0.74) 23,329,000 (2.73)
Basic Book Value per Share 26.47 23.76 11.41 25.41 16.69
Book Value per Share, As Reported 26.47 23.76 11.41 25.41 16.69
Basic Tangible Book Value per Share 20.95 18.20 15.11 19.94 20.26
Tangible Book Value per Share, As Reported 20.95 18.20 15.11 19.94 20.26
Common Dividends Declared per Share 0.13 0.11 18.18 0.12 33.33
EPS after Extra 1.02 0.32 218.75 0.97 20.62
EPS after Extra Growth(%) 218.80 (52.20) 27,099 bp 40.60 17,817 bp
Core EPS 1.08 0.85 27.06 1.01 27.72
Core EPS Growth(%) 26.90 14.70 1,219 bp 41.30 (1,443) bp
Diluted EPS before Amortization 1.05 0.35 200 1 20
Pre-Provision Earnings per Share 1.09 0.84 29.76 0.93 68.82

  † 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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