Financial Highlights

Financial Highlights
2018 FQ3
9/30/2018
2017 FQ3
9/30/2017
Y-Y Ch (%)
2018 FQ2
6/30/2018
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 4,173,843 4,135,895 0.92 4,205,186 (2.98)
Total Net Loans 3,143,126 3,078,635 2.09 3,134,364 1.12
Total Deposits 3,273,646 3,200,366 2.29 3,309,408 (4.32)
Equity Attributable to Parent Company 550,264 522,929 5.23 542,175 5.97
Total Equity 550,264 522,929 5.23 542,175 5.97
Profitability (%)
Net Income($000) 16,106 13,763 17.02 11,599 155.43
Net Income Attributable to Parent($000) 16,106 13,763 17.02 11,599 155.43
ROAA 1.54 1.34 20 bp 1.11 43 bp
Core ROAA 1.54 1.34 20 bp 1.30 24 bp
ROAE 11.72 10.54 118 bp 8.54 318 bp
ROATCE 13.30 12.07 123 bp 9.71 359 bp
Core ROAE 11.72 10.53 119 bp 10.05 167 bp
Net Interest Margin 3.71 3.70 1 bp 3.60 11 bp
Reported: Net Interest Margin 3.68 3.67 1 bp 3.61 7 bp
Efficiency Ratio 55.10 53.70 140 bp 57.21 (211) bp
Noninterest Inc/ Operating Rev 25.95 25.79 16 bp 26.60 (65) bp
Balance Sheet Ratios (%)
Loans/ Deposits 97.07 97.28 (21) bp 95.76 131 bp
Securities/ Assets 14.12 15.20 (108) bp 14.53 (41) bp
Total Equity/ Total Assets 13.18 12.64 54 bp 12.89 29 bp
Tangible Equity/ Tangible Assets 11.80 11.24 56 bp 11.51 29 bp
Tang Common Equity/ Tang Assets 11.80 11.24 56 bp 11.51 29 bp
Asset Quality (%)
NPAs/ Assets 2.41 2.49 (8) bp 2.42 (1) bp
NPA Excl Restructured/ Assets 1.02 1.26 (24) bp 1.07 (5) bp
NPAs & 90+ PD/ Assets 2.61 2.73 (12) bp 2.60 1 bp
NPAs/ Loans & REO 3.14 3.27 (13) bp 3.19 (5) bp
Nonaccrual & 90+ & OREO/ Assets 1.22 1.50 (28) bp 1.24 (2) bp
NPAs & 90+ PD/ Loans & REO 3.39 3.59 (20) bp 3.41 (2) bp
NPA & Loans 90+/ Tangible Common Equity + LLR 20.89 22.89 (200) bp 21.30 (41) bp
NCOs/ Avg Loans 0.19 0.18 1 bp 0.17 2 bp
Loan Loss Reserves/ Gross Loans 1.13 1.17 (4) bp 1.13 0 bp
Reserves/ NPAs 35.52 35.39 13 bp 35.08 44 bp
Loan Loss Provision/ NCO 101.31 47.30 5,401 bp 143.21 (4,190) bp
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA 458,013 NA 485,577 NA
Tier 1 Capital($000) 553,156 515,513 7.30 543,077 7.42
Tier 2 Capital($000) 36,046 36,667 (1.69) 36,026 0.22
Total Capital($000) 589,202 552,180 6.70 579,103 6.98
Total Risk-weighted Assets($000) NA 3,050,519 NA 3,073,894 NA
Tier 1 Common Capital (CET1) Ratio(%) 16.08 15.01 107 bp 15.80 28 bp
Tier 1 Ratio(%) 17.94 16.90 104 bp 17.67 27 bp
Total Capital Ratio(%) 19.11 18.10 101 bp 18.84 27 bp
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 13.37 12.77 60 bp 13.11 26 bp
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 17,728,075 17,677,977 0.28 17,725,313 0.06
Avg Diluted Shares(actual) 17,709,552 17,653,368 0.32 17,702,789 0.15
Basic Book Value per Share 31.04 29.58 4.94 30.59 5.88
Book Value per Share, As Reported 31.04 29.58 4.94 30.59 5.88
Basic Tangible Book Value per Share 27.34 25.88 5.64 26.89 6.69
Tangible Book Value per Share, As Reported 27.34 25.88 5.64 26.89 6.69
Common Dividends Declared per Share 0.36 0.33 9.09 0.33 36.36
EPS after Extra 0.91 0.78 16.67 0.66 151.52
EPS after Extra Growth(%) 16.70 11.40 524 bp 1.50 1,513 bp
Core EPS 0.91 0.78 16.67 0.78 66.67
Core EPS Growth(%) 16.70 13.90 282 bp 19.40 (264) bp
Diluted EPS before Amortization 0.91 0.78 16.67 0.66 151.52
Pre-Provision Earnings per Share 0.92 0.74 24.32 0.86 27.91

   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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