Slide 1

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 4,770,672 4,469,230 6.74 4,737,242 2.82
Total Net Loans 3,552,265 3,324,254 6.86 3,499,263 6.06
Total Deposits 3,414,348 3,157,081 8.15 3,321,611 11.17
Equity Attributable to Parent Company 427,909 414,228 3.30 421,571 6.01
Total Equity 427,909 414,228 3.30 421,571 6.01
Profitability (%)
Net Income($000) 17,511 12,962 35.09 17,674 (3.69)
Net Income Attributable to Parent($000) 17,511 12,962 35.09 17,674 (3.69)
ROAA 1.48 1.18 30 bp 1.53 (5) bp
Core ROAA 1.50 1.21 29 bp 1.55 (5) bp
ROAE 16.43 12.56 387 bp 16.98 (55) bp
ROATCE 19.97 15.44 453 bp 20.75 (78) bp
Core ROAE 16.61 12.87 374 bp 17.25 (64) bp
Net Interest Margin 3.02 2.95 7 bp 3.05 (3) bp
Reported: Net Interest Margin 2.99 2.93 6 bp 3.05 (6) bp
Efficiency Ratio 52.69 54.80 (211) bp 52.46 23 bp
Noninterest Inc/ Operating Rev 31.27 36.51 (524) bp 32.57 (130) bp
Balance Sheet Ratios (%)
Loans/ Deposits 104.15 105.26 (111) bp 105.08 (93) bp
Securities/ Assets 18.20 17.22 98 bp 17.61 59 bp
Total Equity/ Total Assets 8.97 9.27 (30) bp 8.90 7 bp
Tangible Equity/ Tangible Assets 7.57 7.76 (19) bp 7.48 9 bp
Tang Common Equity/ Tang Assets 7.57 7.76 (19) bp 7.48 9 bp
Asset Quality (%)
NPAs/ Assets 0.40 0.59 (19) bp 0.44 (4) bp
NPA Excl Restructured/ Assets 0.29 0.44 (15) bp 0.32 (3) bp
NPAs & 90+ PD/ Assets 0.40 0.59 (19) bp 0.44 (4) bp
NPAs/ Loans & REO 0.53 0.78 (25) bp 0.59 (6) bp
Nonaccrual & 90+ & OREO/ Assets 0.29 0.44 (15) bp 0.32 (3) bp
NPAs & 90+ PD/ Loans & REO 0.53 0.78 (25) bp 0.59 (6) bp
NPA & Loans 90+/ Tangible Common Equity + LLR 4.95 7.11 (216) bp 5.52 (57) bp
NCOs/ Avg Loans 0 0.08 (8) bp 0.01 (1) bp
Loan Loss Reserves/ Gross Loans 0.74 0.81 (7) bp 0.74 0 bp
Reserves/ NPAs 140.12 104.29 3,583 bp 126.46 1,366 bp
Loan Loss Provision/ NCO NM 198.78 NM 444.44 NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 396,651 361,958 9.58 386,110 10.92
Tier 1 Capital($000) 418,649 383,956 9.04 408,108 10.33
Tier 2 Capital($000) 26,799 27,575 (2.81) 26,463 5.08
Total Capital($000) 445,448 411,531 8.24 434,571 10.01
Total Risk-weighted Assets($000) 3,488,575 3,283,961 6.23 3,446,989 4.83
Tier 1 Common Capital (CET1) Ratio(%) 11.37 11.02 35 bp 11.20 17 bp
Tier 1 Ratio(%) 12 11.69 31 bp 11.84 16 bp
Total Capital Ratio(%) 12.77 12.53 24 bp 12.61 16 bp
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 8.91 8.83 8 bp 8.87 4 bp
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 17,290,443 17,214,160 0.44 17,278,116 0.29
Avg Diluted Shares(actual) 17,382,000 17,318,000 0.37 17,387,000 (0.12)
Basic Book Value per Share 24.75 24.06 2.87 24.40 5.74
Book Value per Share, As Reported 24.75 24.06 2.87 24.40 5.74
Basic Tangible Book Value per Share 20.57 19.81 3.84 20.20 7.33
Tangible Book Value per Share, As Reported 20.57 19.81 3.84 20.20 7.33
Common Dividends Declared per Share 0.43 0.39 10.26 0.43 0
EPS after Extra 1.01 0.75 34.67 1.01 0
EPS after Extra Growth(%) 34.70 4.20 3,050 bp 32.90 178 bp
Core EPS 1.02 0.77 32.47 1.03 (3.88)
Core EPS Growth(%) 32.90 5 2,787 bp 31 185 bp
Diluted EPS before Amortization 1.02 0.76 34.21 1.02 0
Pre-Provision Earnings per Share 1.03 0.78 32.05 1.04 (3.85)

   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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