Slide 1

Financial Highlights

Financial Highlights
2019 FQ4
12/31/2019
2018 FQ3
9/30/2018
Y-Y Ch (%)
2019 FQ2
6/30/2019
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 5,292,659 4,770,672 10.94 5,189,672 7.94
Total Net Loans 3,893,818 3,552,265 9.62 3,742,937 16.12
Total Deposits 3,498,882 3,414,348 2.48 3,504,622 (0.66)
Equity Attributable to Parent Company 503,492 427,909 17.66 484,205 15.93
Total Equity 503,492 427,909 17.66 484,205 15.93
Profitability (%)
Net Income($000) 15,536 17,511 (11.28) 17,273 (40.22)
Net Income Attributable to Parent($000) 15,536 17,511 (11.28) 17,273 (40.22)
ROAA 1.19 1.48 (29) bp 1.34 (15) bp
Core ROAA 1.20 1.50 (30) bp 1.36 (16) bp
ROAE 12.36 16.43 (407) bp 14.57 (221) bp
ROATCE 14.54 19.97 (543) bp 17.31 (277) bp
Core ROAE 12.49 16.61 (412) bp 14.78 (229) bp
Net Interest Margin 2.64 3.02 (38) bp 2.80 (16) bp
Reported: Net Interest Margin 2.61 2.99 (38) bp 2.81 (20) bp
Efficiency Ratio 58.33 52.69 564 bp 54.70 363 bp
Noninterest Inc/ Operating Rev 34.15 31.27 288 bp 33.21 94 bp
Balance Sheet Ratios (%)
Loans/ Deposits 111.26 104.15 711 bp 106.44 482 bp
Securities/ Assets 17.96 18.20 (24) bp 19.63 (167) bp
Total Equity/ Total Assets 9.51 8.97 54 bp 9.33 18 bp
Tangible Equity/ Tangible Assets 8.28 7.57 71 bp 8.06 22 bp
Tang Common Equity/ Tang Assets 8.28 7.57 71 bp 8.06 22 bp
Asset Quality (%)
NPAs/ Assets NA 0.40 NA 0.30 NA
NPA Excl Restructured/ Assets 0.35 0.29 6 bp 0.29 6 bp
NPAs & 90+ PD/ Assets NA 0.40 NA 0.30 NA
NPAs/ Loans & REO NA 0.53 NA 0.41 NA
Nonaccrual & 90+ & OREO/ Assets 0.35 0.29 6 bp 0.29 6 bp
NPAs & 90+ PD/ Loans & REO NA 0.53 NA 0.41 NA
NPA & Loans 90+/ Tangible Common Equity + LLR NA 4.95 NA 3.50 NA
NCOs/ Avg Loans 0 0 0 bp 0.08 (8) bp
Loan Loss Reserves/ Gross Loans 0.69 0.74 (5) bp 0.73 (4) bp
Reserves/ NPAs NA 140.12 NA 178.04 NA
Loan Loss Provision/ NCO NM NM NM 68.09 NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA 396,651 NA 426,284 NA
Tier 1 Capital($000) NA 418,649 NA 448,282 NA
Tier 2 Capital($000) NA 26,799 NA 27,700 NA
Total Capital($000) NA 445,448 NA 475,982 NA
Total Risk-weighted Assets($000) NA 3,489,568 NA 3,718,369 NA
Tier 1 Common Capital (CET1) Ratio(%) 11.65 11.37 28 bp 11.46 19 bp
Tier 1 Ratio(%) 12.23 12 23 bp 12.06 17 bp
Total Capital Ratio(%) 12.94 12.77 17 bp 12.80 14 bp
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 9.04 8.91 13 bp 8.76 28 bp
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 17,363,000 17,290,443 0.42 17,335,869 0.63
Avg Diluted Shares(actual) 17,436,000 17,382,000 0.31 17,405,000 0.71
Basic Book Value per Share 29 24.75 17.17 27.93 15.32
Book Value per Share, As Reported 29 24.75 17.17 27.93 15.32
Basic Tangible Book Value per Share 24.90 20.57 21.05 23.80 18.49
Tangible Book Value per Share, As Reported 24.90 20.57 21.05 23.80 18.49
Common Dividends Declared per Share 0.51 0.43 18.60 0.51 0
EPS after Extra 0.89 1.01 (11.88) 0.99 (40.40)
EPS after Extra Growth(%) (9.20) 34.70 (4,385) bp (2) (720) bp
Core EPS 0.90 1.02 (11.76) 1 (40)
Core EPS Growth(%) (9.30) 32.90 (4,210) bp (2.10) (712) bp
Diluted EPS before Amortization 0.90 1.02 (11.76) 1 (40)
Pre-Provision Earnings per Share 0.90 1.03 (12.62) 1.02 (47.06)

   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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