Financial Highlights
Financial Highlights
2019 FQ2 YTD
6/30/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
2015 FY
12/31/2015
Balance Sheet ($000)
Total Assets 4,871,522 4,676,200 4,414,521 4,550,663 4,104,189
Total Net Loans 4,123,561 3,990,651 3,734,505 3,776,411 3,352,797
Total Deposits 3,888,536 3,725,007 3,597,144 3,677,230 3,268,626
Equity Attributable to Parent Company 572,309 531,977 471,662 429,806 398,227
Total Equity 572,309 531,977 471,662 429,806 398,227
Profitability (%)
Net Income($000) 35,988 67,109 51,564 45,342 46,502
Net Income Attributable to Parent($000) 35,988 67,109 51,564 45,342 46,502
ROAA 1.51 1.49 1.16 1.04 1.14
Core ROAA 1.51 1.39 1.02 1.05 1.17
ROAE 13.18 13.46 11.32 10.93 10.60
ROATCE 13.58 13.99 11.85 11.57 12.50
Core ROAE 13.16 12.60 9.99 11.08 10.86
Net Interest Margin 3.98 3.99 3.74 4.05 4.53
Reported: Net Interest Margin 4.02 3.99 3.74 4.05 4.53
Efficiency Ratio 53.39 55.05 58.44 59.61 60.34
Noninterest Inc/ Operating Rev 13.46 14.62 16.57 13.58 7.12
Balance Sheet Ratios (%)
Loans/ Deposits 106.77 108.12 104.61 103.27 103.37
Securities/ Assets 6.50 5.48 4.32 4.99 6.79
Total Equity/ Total Assets 11.75 11.38 10.68 9.44 9.70
Tangible Equity/ Tangible Assets 11.59 11.20 10.46 9.20 9.58
Tang Common Equity/ Tang Assets 11.59 11.20 10.46 9.20 9.58
Asset Quality (%)
NPAs/ Assets 0.36 0.35 0.91 1.27 2.02
NPA Excl Restructured/ Assets 0.33 0.25 0.63 0.86 1.07
NPAs & 90+ PD/ Assets 0.36 0.35 0.91 1.28 2.02
NPAs/ Loans & REO 0.42 0.41 1.06 1.56 2.61
Nonaccrual & 90+ & OREO/ Assets 0.33 0.25 0.64 0.87 1.07
NPAs & 90+ PD/ Loans & REO 0.42 0.41 1.07 1.57 2.61
NPA & Loans 90+/ Tangible Common Equity + LLR 2.88 2.93 8.12 12.78 19.26
NCOs/ Avg Loans 0.13 0.13 0.27 0.29 0.20
Loan Loss Reserves/ Gross Loans 0.94 0.95 0.97 0.98 1.13
Reserves/ NPAs 226.34 233.70 91.24 64.61 46
Loan Loss Provision/ NCO 131.24 136.63 90.93 92.53 95.07
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 531,497 513,060 460,661 418,687 389,460
Tier 1 Capital($000) 556,497 538,060 485,685 443,706 414,488
Tier 2 Capital($000) 114,254 113,409 111,492 112,400 38,149
Total Capital($000) 670,751 651,469 597,177 556,106 452,637
Total Risk-weighted Assets($000) 4,637,498 4,510,324 4,245,615 4,095,120 3,603,485
Tier 1 Common Capital (CET1) Ratio(%) 11.46 11.38 10.85 10.22 10.81
Tier 1 Ratio(%) 12 11.93 11.44 10.84 11.50
Total Capital Ratio(%) 14.46 14.44 14.07 13.58 12.56
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 11.56 11.69 10.92 9.93 10.20
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 14,201,616 14,151,198 14,087,533 13,968,386 13,887,932
Avg Diluted Shares(actual) 14,298,000 14,260,000 14,180,000 14,141,000 14,000,000
Basic Book Value per Share 40.30 37.59 33.48 30.77 28.67
Book Value per Share, As Reported 40.30 37.59 33.48 30.77 28.67
Basic Tangible Book Value per Share 39.69 36.94 32.71 29.88 28.26
Tangible Book Value per Share, As Reported NA NA NA NA NA
Common Dividends Declared per Share 1.39 1.48 0.94 0.88 0.86
EPS after Extra 2.52 4.71 3.64 3.21 3.28
EPS after Extra Growth(%) 31.90 29.40 13.40 (2.10) 5.80
Core EPS 2.52 4.41 3.21 3.25 3.36
Core EPS Growth(%) 28.70 37.10 (1.20) (3.20) 25.20
Diluted EPS before Amortization 2.56 4.82 3.76 3.35 3.40
Pre-Provision Earnings per Share 2.58 4.55 3.29 3.23 3.10
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