Financial Highlights

Financial Highlights
2020 FQ2 YTD
6/30/2020
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 4,851,051 4,397,672 3,929,090 3,144,360 2,955,994
Total Net Loans 3,245,672 3,078,526 2,716,499 2,132,663 1,990,420
Total Deposits 3,979,433 3,430,021 3,072,632 2,484,052 2,349,551
Equity Attributable to Parent Company 594,674 573,820 458,640 364,571 330,267
Total Equity 594,674 573,820 458,640 364,571 330,267
Profitability (%)
Net Income($000) 26,727 59,222 46,529 40,676 35,184
Net Income Attributable to Parent($000) 26,727 59,222 46,529 40,676 35,184
ROAA 1.18 1.43 1.38 1.35 1.24
Core ROAA 1.16 1.53 1.51 1.30 1.32
ROAE 9.19 11.41 12.07 11.59 10.94
ROATCE 12.57 15.62 15.10 14.03 13.34
Core ROAE 9.04 12.15 13.23 11.16 11.63
Net Interest Margin 3.65 3.92 3.75 3.76 3.75
Reported: Net Interest Margin 3.66 3.92 3.75 3.76 3.75
Efficiency Ratio 56.40 55.80 56.75 55.79 55.01
Noninterest Inc/ Operating Rev 24.34 22.88 24.07 23.87 24.01
Balance Sheet Ratios (%)
Loans/ Deposits 82.08 89.71 88.79 86.22 84.70
Securities/ Assets 20.34 19.83 21.08 24.05 24.51
Total Equity/ Total Assets 12.26 13.05 11.67 11.59 11.17
Tangible Equity/ Tangible Assets 9.79 10.32 9.04 9.99 9.43
Tang Common Equity/ Tang Assets 9.79 10.32 9.04 9.99 9.43
Asset Quality (%)
NPAs/ Assets 0.34 0.32 0.32 0.36 0.14
NPA Excl Restructured/ Assets 0.34 0.31 0.32 0.35 0.14
NPAs & 90+ PD/ Assets 0.41 0.32 0.34 0.38 0.14
NPAs/ Loans & REO 0.51 0.45 0.46 0.53 0.20
Nonaccrual & 90+ & OREO/ Assets 0.40 0.32 0.34 0.38 0.14
NPAs & 90+ PD/ Loans & REO 0.60 0.46 0.49 0.56 0.20
NPA & Loans 90+/ Tangible Common Equity + LLR 3.90 3.09 3.70 3.71 1.41
NCOs/ Avg Loans 0.03 0.17 0.08 0.04 0.04
Loan Loss Reserves/ Gross Loans 1.29 0.53 0.58 0.73 0.74
Reserves/ NPAs 253.74 116.96 124.59 138.96 364.46
Loan Loss Provision/ NCO NM 109.34 106.65 202.55 144.58
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 442,592 427,295 354,251 312,637 282,138
Tier 1 Capital($000) 458,198 442,742 365,562 323,697 292,946
Tier 2 Capital($000) 64,152 56,278 15,823 15,694 14,808
Total Capital($000) 522,350 499,020 381,385 339,391 307,754
Total Risk-weighted Assets($000) 3,431,668 3,494,810 3,085,067 2,492,036 2,313,968
Tier 1 Common Capital (CET1) Ratio(%) 12.90 12.23 11.48 12.55 12.19
Tier 1 Ratio(%) 13.35 12.67 11.85 12.99 12.66
Total Capital Ratio(%) 15.22 14.28 12.36 13.62 13.30
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 9.97 10.53 9.75 10.71 10.09
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 26,497,291 26,671,368 24,967,458 22,934,403 22,904,157
Avg Diluted Shares(actual) 26,583,167 25,824,538 23,381,616 22,924,726 22,391,115
Basic Book Value per Share 22.44 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 17.44 16.49 13.82 13.45 11.94
Tangible Book Value per Share, As Reported 17.44 16.49 13.82 13.45 11.94
Common Dividends Declared per Share 0.38 0.68 0.60 0.52 0.48
EPS after Extra 1.01 2.29 1.99 1.77 1.57
EPS after Extra Growth(%) (16.50) 15.10 12.40 12.50 4
Core EPS 0.99 2.44 2.18 1.70 1.67
Core EPS Growth(%) (20.20) 11.80 27.90 1.90 9.50
Diluted EPS before Amortization 1.08 2.43 2.06 1.81 1.62
Pre-Provision Earnings per Share 1.21 2.37 2.10 1.53 1.53
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