Financial Highlights
Financial Highlights
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
2015 FY
12/31/2015
2014 FY
12/31/2014
Balance Sheet ($000)
Total Assets 4,676,200 4,414,521 4,550,663 4,104,189 3,951,334
Total Net Loans 3,990,651 3,734,505 3,776,411 3,352,797 3,053,427
Total Deposits 3,725,007 3,597,144 3,677,230 3,268,626 2,990,840
Equity Attributable to Parent Company 531,977 471,662 429,806 398,227 419,745
Total Equity 531,977 471,662 429,806 398,227 419,745
Profitability (%)
Net Income($000) 67,109 51,564 45,342 46,502 43,529
Net Income Attributable to Parent($000) 67,109 51,564 45,342 46,502 43,529
ROAA 1.49 1.16 1.04 1.14 1.14
Core ROAA 1.39 1.02 1.05 1.17 0.99
ROAE 13.46 11.32 10.93 10.60 10.81
ROATCE 13.99 11.85 11.57 12.50 13.01
Core ROAE 12.60 9.99 11.08 10.86 9.39
Net Interest Margin 3.99 3.74 4.05 4.53 4.84
Reported: Net Interest Margin 3.99 3.74 4.05 4.53 4.84
Efficiency Ratio 55.05 58.44 59.61 60.34 65.61
Noninterest Inc/ Operating Rev 14.62 16.57 13.58 7.12 1.06
Balance Sheet Ratios (%)
Loans/ Deposits 108.12 104.61 103.27 103.37 102.89
Securities/ Assets 5.48 4.32 4.99 6.79 9.69
Total Equity/ Total Assets 11.38 10.68 9.44 9.70 10.62
Tangible Equity/ Tangible Assets 11.20 10.46 9.20 9.58 10.45
Tang Common Equity/ Tang Assets 11.20 10.46 9.20 9.58 8.98
Asset Quality (%)
NPAs/ Assets 0.35 0.91 1.27 2.02 2.08
NPA Excl Restructured/ Assets 0.25 0.63 0.86 1.07 1.09
NPAs & 90+ PD/ Assets 0.35 0.91 1.28 2.02 2.10
NPAs/ Loans & REO 0.41 1.06 1.56 2.61 2.89
Nonaccrual & 90+ & OREO/ Assets 0.25 0.64 0.87 1.07 1.11
NPAs & 90+ PD/ Loans & REO 0.41 1.07 1.57 2.61 2.92
NPA & Loans 90+/ Tangible Common Equity + LLR 2.93 8.12 12.78 19.26 21.11
NCOs/ Avg Loans 0.13 0.27 0.29 0.20 0.24
Loan Loss Reserves/ Gross Loans 0.95 0.97 0.98 1.13 1.24
Reserves/ NPAs 233.70 91.24 64.61 46 46.80
Loan Loss Provision/ NCO 136.63 90.93 92.53 95.07 71.18
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 513,060 460,661 418,687 389,460 347,259
Tier 1 Capital($000) 538,060 485,685 443,706 414,488 435,254
Tier 2 Capital($000) 113,409 111,492 112,400 38,149 NA
Total Capital($000) 651,469 597,177 556,106 452,637 473,689
Total Risk-weighted Assets($000) 4,510,324 4,245,615 4,095,120 3,603,485 3,263,275
Tier 1 Common Capital (CET1) Ratio(%) 11.38 10.85 10.22 10.81 10.64
Tier 1 Ratio(%) 11.93 11.44 10.84 11.50 13.34
Total Capital Ratio(%) 14.44 14.07 13.58 12.56 14.52
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 11.69 10.92 9.93 10.20 11.13
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 14,151,198 14,087,533 13,968,386 13,887,932 13,754,806
Avg Diluted Shares(actual) 14,260,000 14,180,000 14,141,000 14,000,000 13,876,000
Basic Book Value per Share 37.59 33.48 30.77 28.67 26.30
Book Value per Share, As Reported 37.59 33.48 30.77 28.67 26.30
Basic Tangible Book Value per Share 36.94 32.71 29.88 28.26 25.76
Tangible Book Value per Share, As Reported NA NA NA NA NA
Common Dividends Declared per Share 1.20 0.94 0.88 0.86 0.80
EPS after Extra 4.71 3.64 3.21 3.28 3.10
EPS after Extra Growth(%) 29.40 13.40 (2.10) 5.80 28.10
Core EPS 4.41 3.21 3.25 3.36 2.69
Core EPS Growth(%) 37.10 (1.20) (3.20) 25.20 7.90
Diluted EPS before Amortization 4.82 3.76 3.35 3.40 3.21
Pre-Provision Earnings per Share 4.55 3.29 3.23 3.10 2.36
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.