Financial Highlights

Financial Highlights
2019 FQ1 YTD
3/31/2019
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 3,895,524 3,929,090 3,144,360 2,955,994 2,373,701
Total Net Loans 2,701,175 2,716,499 2,132,663 1,990,420 1,560,671
Total Deposits 3,065,170 3,072,632 2,484,052 2,349,551 1,826,376
Equity Attributable to Parent Company 479,187 458,640 364,571 330,267 252,348
Total Equity 479,187 458,640 364,571 330,267 252,348
Profitability (%)
Net Income($000) 15,067 46,529 40,676 35,184 30,064
Net Income Attributable to Parent($000) 15,067 46,529 40,676 35,184 30,064
ROAA 1.55 1.38 1.35 1.24 1.33
Core ROAA 1.58 1.51 1.30 1.32 1.34
ROAE 12.98 12.07 11.59 10.94 12.47
ROATCE 17.93 15.10 14.03 13.34 13.97
Core ROAE 13.27 13.23 11.16 11.63 12.59
Net Interest Margin 3.84 3.75 3.76 3.75 3.70
Reported: Net Interest Margin 3.88 3.75 3.76 3.75 3.70
Efficiency Ratio 56.40 56.75 55.79 55.01 56.28
Noninterest Inc/ Operating Rev 24.14 24.07 23.87 24.01 25.15
Balance Sheet Ratios (%)
Loans/ Deposits 88.37 88.79 86.22 84.70 85.65
Securities/ Assets 21.56 21.08 24.05 24.51 27.30
Total Equity/ Total Assets 12.30 11.67 11.59 11.17 10.63
Tangible Equity/ Tangible Assets 9.68 9.04 9.99 9.43 9.80
Tang Common Equity/ Tang Assets 9.68 9.04 9.99 9.43 9.80
Asset Quality (%)
NPAs/ Assets 0.31 0.32 0.36 0.14 0.23
NPA Excl Restructured/ Assets 0.31 0.32 0.35 0.14 0.14
NPAs & 90+ PD/ Assets 0.32 0.34 0.38 0.14 0.24
NPAs/ Loans & REO 0.45 0.46 0.53 0.20 0.35
Nonaccrual & 90+ & OREO/ Assets 0.32 0.34 0.38 0.14 0.15
NPAs & 90+ PD/ Loans & REO 0.46 0.49 0.56 0.20 0.36
NPA & Loans 90+/ Tangible Common Equity + LLR 3.28 3.70 3.71 1.41 2.31
NCOs/ Avg Loans 0.04 0.08 0.04 0.04 0.03
Loan Loss Reserves/ Gross Loans 0.60 0.58 0.73 0.74 0.92
Reserves/ NPAs 133.63 124.59 138.96 364.46 261.80
Loan Loss Provision/ NCO 264.71 106.65 202.55 144.58 0
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 365,963 354,251 312,637 282,138 228,233
Tier 1 Capital($000) 377,337 365,562 323,697 292,946 233,387
Tier 2 Capital($000) 16,243 15,823 15,694 14,808 14,438
Total Capital($000) 393,580 381,385 339,391 307,754 247,825
Total Risk-weighted Assets($000) 3,074,207 3,085,067 2,492,036 2,313,968 1,807,036
Tier 1 Common Capital (CET1) Ratio(%) 11.90 11.48 12.55 12.19 12.63
Tier 1 Ratio(%) 12.27 11.85 12.99 12.66 12.92
Total Capital Ratio(%) 12.80 12.36 13.62 13.30 13.71
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 9.97 9.75 10.71 10.09 10.15
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 24,992,238 24,967,458 22,934,403 22,904,157 19,918,236
Avg Diluted Shares(actual) 24,971,863 23,381,616 22,924,726 22,391,115 19,888,374
Basic Book Value per Share 19.17 18.37 15.90 14.42 12.67
Book Value per Share, As Reported NA 18.37 15.90 14.42 12.67
Basic Tangible Book Value per Share 14.66 13.82 13.45 11.94 11.57
Tangible Book Value per Share, As Reported 14.66 13.81 13.45 11.94 11.57
Common Dividends Declared per Share 0.17 0.60 0.52 0.48 0.45
EPS after Extra 0.60 1.99 1.77 1.57 1.51
EPS after Extra Growth(%) 17.60 12.40 12.50 4 6.10
Core EPS 0.61 2.18 1.70 1.67 1.53
Core EPS Growth(%) 19.20 27.90 1.90 9.50 7.60
Diluted EPS before Amortization 0.63 2.06 1.81 1.62 1.55
Pre-Provision Earnings per Share 0.57 2.10 1.53 1.53 1.35
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