Financial Highlights
Financial Highlights
2020 FQ2
6/30/2020
2019 FQ2
6/30/2019
Y-Y Ch (%)
2020 FQ1
3/31/2020
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 5,022,841 4,377,257 14.75 4,352,645 61.59
Total Net Loans 3,521,123 3,158,276 11.49 3,239,499 34.77
Total Deposits 3,972,309 3,437,181 15.57 3,395,108 68
Equity Attributable to Parent Company 631,847 594,708 6.24 612,922 12.35
Total Equity 631,847 594,708 6.24 612,922 12.35
Profitability (%)
Net Income($000) 19,652 18,324 7.25 6,579 794.83
Net Income Attributable to Parent($000) 19,652 18,324 7.25 6,579 794.83
ROAA 1.63 1.68 (5) bp 0.60 103 bp
Core ROAA 1.56 1.67 (11) bp 0.58 98 bp
ROAE 12.60 12.42 18 bp 4.21 839 bp
ROATCE 14.07 13.97 10 bp 4.71 936 bp
Core ROAE 12.12 12.31 (19) bp 4.09 803 bp
Net Interest Margin 3.39 3.56 (17) bp 3.56 (17) bp
Reported: Net Interest Margin 3.41 3.57 (16) bp 3.58 (17) bp
Efficiency Ratio 53.98 60.09 (611) bp 57.36 (338) bp
Noninterest Inc/ Operating Rev 23.69 25.06 (137) bp 23.72 (3) bp
Balance Sheet Ratios (%)
Loans/ Deposits 89.09 92.87 (378) bp 96.83 (774) bp
Securities/ Assets 15.09 13.98 111 bp 15.01 8 bp
Total Equity/ Total Assets 12.58 13.59 (101) bp 14.08 (150) bp
Tangible Equity/ Tangible Assets 11.42 12.27 (85) bp 12.77 (135) bp
Tang Common Equity/ Tang Assets 11.42 12.27 (85) bp 12.77 (135) bp
Asset Quality (%)
NPAs/ Assets 1.83 2.20 (37) bp 2.34 (51) bp
NPA Excl Restructured/ Assets 0.64 0.81 (17) bp 0.85 (21) bp
NPAs & 90+ PD/ Assets 2.26 2.45 (19) bp 2.75 (49) bp
NPAs/ Loans & REO 2.56 2.99 (43) bp 3.07 (51) bp
Nonaccrual & 90+ & OREO/ Assets 1.07 1.06 1 bp 1.27 (20) bp
NPAs & 90+ PD/ Loans & REO 3.17 3.33 (16) bp 3.62 (45) bp
NPA & Loans 90+/ Tangible Common Equity + LLR 18.54 19 (46) bp 20.06 (152) bp
NCOs/ Avg Loans 0.32 0.20 12 bp 0.17 15 bp
Loan Loss Reserves/ Gross Loans 1.31 1.10 21 bp 1.50 (19) bp
Reserves/ NPAs 50.77 36.40 1,437 bp 48.63 214 bp
Loan Loss Provision/ NCO (1.77) 99.62 (10,139) bp NM NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA 526,165 NA 547,143 NA
Tier 1 Capital($000) NA 583,665 NA 603,143 NA
Tier 2 Capital($000) NA 35,250 NA NA NA
Total Capital($000) NA 618,915 NA NA NA
Total Risk-weighted Assets($000) NA 3,126,054 NA 3,210,933 NA
Tier 1 Common Capital (CET1) Ratio(%) 17.21 16.83 38 bp 17.04 17 bp
Tier 1 Ratio(%) 18.93 18.67 26 bp 18.79 14 bp
Total Capital Ratio(%) 20.18 19.80 38 bp 20.03 15 bp
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 12.92 13.61 (69) bp 13.99 (107) bp
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 17,794,598 17,772,309 0.13 17,787,274 0.16
Avg Diluted Shares(actual) 17,742,000 17,733,244 0.05 17,763,000 (0.47)
Basic Book Value per Share 35.51 33.46 6.13 34.46 12.19
Book Value per Share, As Reported 35.51 33.46 6.13 34.46 12.19
Basic Tangible Book Value per Share 31.83 29.78 6.88 30.78 13.65
Tangible Book Value per Share, As Reported NA 29.78 NA NA NA
Common Dividends Declared per Share 0.38 0.36 5.56 0.38 0
EPS after Extra 1.11 1.03 7.77 0.37 800
EPS after Extra Growth(%) 7.80 56.10 (4,829) bp (56) 6,372 bp
Core EPS 1.07 1.02 4.90 0.36 788.89
Core EPS Growth(%) 4.60 31.40 (2,681) bp (56.50) 6,108 bp
Diluted EPS before Amortization 1.11 1.03 7.77 0.37 800
Pre-Provision Earnings per Share 1 0.80 25 0.86 65.12

   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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