Financial Highlights

Financial Highlights
2017 FQ3
9/30/2017
2016 FQ3
9/30/2016
Y-Y Ch (%)
2017 FQ2
6/30/2017
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 4,135,895 3,930,226 5.23 4,081,113 5.37
Total Net Loans 3,078,635 2,897,573 6.25 3,054,833 3.12
Total Deposits 3,200,366 3,053,985 4.79 3,105,610 12.20
Equity Attributable to Parent Company 522,929 500,110 4.56 514,915 6.23
Total Equity 522,929 500,110 4.56 514,915 6.23
Profitability (%)
Net Income($000) 13,763 12,312 11.79 11,541 77.01
Net Income Attributable to Parent($000) 13,763 12,312 11.79 11,541 77.01
ROAA 1.34 1.25 9 bp 1.14 20 bp
Core ROAA 1.34 1.22 12 bp 1.14 20 bp
ROAE 10.54 9.87 67 bp 8.95 159 bp
ROATCE 12.07 11.38 69 bp 10.28 179 bp
Core ROAE 10.53 9.65 88 bp 8.96 157 bp
Net Interest Margin 3.70 3.68 2 bp 3.67 3 bp
Reported: Net Interest Margin 3.67 3.66 1 bp 3.68 (1) bp
Efficiency Ratio 53.70 55.48 (178) bp 54.64 (94) bp
Noninterest Inc/ Operating Rev 25.79 27.70 (191) bp 26.42 (63) bp
Balance Sheet Ratios (%)
Loans/ Deposits 97.28 95.98 130 bp 99.41 (213) bp
Securities/ Assets 15.15 16.72 (157) bp 15.58 (43) bp
Total Equity/ Total Assets 12.64 12.72 (8) bp 12.62 2 bp
Tangible Equity/ Tangible Assets 11.24 11.24 0 bp 11.19 5 bp
Tang Common Equity/ Tang Assets 11.24 11.24 0 bp 11.19 5 bp
Asset Quality (%)
NPAs/ Assets 2.49 2.76 (27) bp 2.60 (11) bp
NPA Excl Restructured/ Assets 1.26 1.39 (13) bp 1.29 (3) bp
NPAs & 90+ PD/ Assets 2.73 3.06 (33) bp 2.81 (8) bp
NPAs/ Loans & REO 3.27 3.65 (38) bp 3.40 (13) bp
Nonaccrual & 90+ & OREO/ Assets 1.50 1.68 (18) bp 1.49 1 bp
NPAs & 90+ PD/ Loans & REO 3.59 4.04 (45) bp 3.67 (8) bp
NPA & Loans 90+/ Tangible Common Equity + LLR 22.89 25.54 (265) bp 23.56 (67) bp
NCOs/ Avg Loans 0.18 0.28 (10) bp 0.18 0 bp
Loan Loss Reserves/ Gross Loans 1.17 1.22 (5) bp 1.20 (3) bp
Reserves/ NPAs 35.39 32.97 242 bp 34.94 45 bp
Loan Loss Provision/ NCO 47.30 104.98 (5,768) bp 205.65 (15,835) bp
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 458,013 430,108 6.49 449,582 7.50
Tier 1 Capital($000) 515,513 489,608 5.29 507,082 6.65
Tier 2 Capital($000) 36,667 35,900 2.14 37,397 (7.81)
Total Capital($000) 552,179 525,508 5.08 544,479 5.66
Total Risk-weighted Assets($000) 3,051,386 2,872,402 3,051,386 3,015,724 3,051,386
Tier 1 Common Capital (CET1) Ratio(%) 15.01 14.97 4 bp 14.91 10 bp
Tier 1 Ratio(%) 16.90 17.05 (15) bp 16.81 9 bp
Total Capital Ratio(%) 18.10 18.30 (20) bp 18.05 5 bp
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 12.77 12.69 8 bp 12.72 5 bp
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 17,677,977 17,607,903 0.40 17,670,501 0.17
Avg Diluted Shares(actual) 17,653,368 17,568,842 0.48 17,644,854 0.19
Basic Book Value per Share 29.58 28.40 4.15 29.14 6.04
As-reported Book Value per Share 29.58 28.40 4.15 29.14 6.04
Basic Tangible Book Value per Share 25.88 24.67 4.90 25.43 7.08
Reported: Tangible Book Value 25.88 24.67 4.90 25.43 7.08
Common Dividends Declared per Share 0.33 0.32 3.13 0.32 12.50
EPS after Extra 0.78 0.70 11.43 0.65 80
EPS after Extra Growth(%) 11.40 9.40 206 bp (1.50) 1,295 bp
Core EPS 0.78 0.68 14.71 0.65 80
Core EPS Growth(%) 13.90 8 586 bp (1.60) 1,553 bp
Diluted EPS before Amortization 0.78 0.70 11.43 0.65 80
Pre-Provision Earnings per Share 0.74 0.71 4.23 0.69 28.99

   Q-Q Ch(%)= most recent quarter minus prior quarter annualized e.g. [(Q4-Q3)/Q3]*4

  * Percentages presented for individual quarters are annualized by taking the quarter amount and multiplying by four.


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