Financial Highlights

Financial Highlights
2020 FQ1 YTD
3/31/2020
2019 FY
12/31/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
Balance Sheet ($000)
Total Assets 4,323,853 4,397,672 3,929,090 3,144,360 2,955,994
Total Net Loans 2,992,653 3,078,526 2,716,499 2,132,663 1,990,420
Total Deposits 3,478,514 3,430,021 3,072,632 2,484,052 2,349,551
Equity Attributable to Parent Company 583,540 573,820 458,640 364,571 330,267
Total Equity 583,540 573,820 458,640 364,571 330,267
Profitability (%)
Net Income($000) 12,472 59,222 46,529 40,676 35,184
Net Income Attributable to Parent($000) 12,472 59,222 46,529 40,676 35,184
ROAA 1.15 1.43 1.38 1.35 1.24
Core ROAA 1.12 1.53 1.51 1.30 1.32
ROAE 8.66 11.41 12.07 11.59 10.94
ROATCE 11.96 15.62 15.10 14.03 13.34
Core ROAE 8.40 12.15 13.23 11.16 11.63
Net Interest Margin 3.72 3.92 3.75 3.76 3.75
Reported: Net Interest Margin 3.74 3.92 3.75 3.76 3.75
Efficiency Ratio 59.17 55.80 56.75 55.79 55.01
Noninterest Inc/ Operating Rev 25.87 22.88 24.07 23.87 24.01
Balance Sheet Ratios (%)
Loans/ Deposits 86.64 89.71 88.79 86.22 84.70
Securities/ Assets 20.81 19.83 21.08 24.05 24.51
Total Equity/ Total Assets 13.50 13.05 11.67 11.59 11.17
Tangible Equity/ Tangible Assets 10.75 10.32 9.04 9.99 9.43
Tang Common Equity/ Tang Assets 10.75 10.32 9.04 9.99 9.43
Asset Quality (%)
NPAs/ Assets 0.44 0.32 0.32 0.36 0.14
NPA Excl Restructured/ Assets 0.43 0.31 0.32 0.35 0.14
NPAs & 90+ PD/ Assets 0.44 0.32 0.34 0.38 0.14
NPAs/ Loans & REO 0.62 0.45 0.46 0.53 0.20
Nonaccrual & 90+ & OREO/ Assets 0.44 0.32 0.34 0.38 0.14
NPAs & 90+ PD/ Loans & REO 0.63 0.46 0.49 0.56 0.20
NPA & Loans 90+/ Tangible Common Equity + LLR 3.94 3.09 3.70 3.71 1.41
NCOs/ Avg Loans 0.06 0.17 0.08 0.04 0.04
Loan Loss Reserves/ Gross Loans 1.21 0.53 0.58 0.73 0.74
Reserves/ NPAs 194.49 116.96 124.59 138.96 364.46
Loan Loss Provision/ NCO NM 109.34 106.65 202.55 144.58
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 432,606 427,295 354,251 312,637 282,138
Tier 1 Capital($000) 448,133 442,742 365,562 323,697 292,946
Tier 2 Capital($000) 59,810 56,278 15,823 15,694 14,808
Total Capital($000) 507,943 499,020 381,385 339,391 307,754
Total Risk-weighted Assets($000) 3,454,189 3,494,810 3,085,067 2,492,036 2,313,968
Tier 1 Common Capital (CET1) Ratio(%) 12.52 12.23 11.48 12.55 12.19
Tier 1 Ratio(%) 12.97 12.67 11.85 12.99 12.66
Total Capital Ratio(%) 14.71 14.28 12.36 13.62 13.30
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 10.70 10.53 9.75 10.71 10.09
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 26,540,031 26,671,368 24,967,458 22,934,403 22,904,157
Avg Diluted Shares(actual) 26,663,145 25,824,538 23,381,616 22,924,726 22,391,115
Basic Book Value per Share 21.99 21.51 18.37 15.90 14.42
Book Value per Share, As Reported NA 21.51 18.37 15.90 14.42
Basic Tangible Book Value per Share 16.98 16.49 13.82 13.45 11.94
Tangible Book Value per Share, As Reported 17 16.49 13.82 13.45 11.94
Common Dividends Declared per Share 0.19 0.68 0.60 0.52 0.48
EPS after Extra 0.47 2.29 1.99 1.77 1.57
EPS after Extra Growth(%) (21.70) 15.10 12.40 12.50 4
Core EPS 0.46 2.44 2.18 1.70 1.67
Core EPS Growth(%) (25.60) 11.80 27.90 1.90 9.50
Diluted EPS before Amortization 0.51 2.43 2.06 1.81 1.62
Pre-Provision Earnings per Share 0.55 2.37 2.10 1.53 1.53
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.