Financial Highlights

Financial Highlights
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
2015 FY
12/31/2015
2014 FY
12/31/2014
Balance Sheet ($000)
Total Assets 7,392,805 6,780,249 6,438,129 6,042,338 5,800,948
Total Net Loans 6,248,071 5,674,715 5,358,276 4,952,184 4,770,485
Total Deposits 5,454,044 4,871,343 4,611,076 4,306,018 3,958,106
Equity Attributable to Parent Company 900,140 803,830 695,544 667,485 641,818
Total Equity 910,619 812,583 702,749 673,486 646,605
Profitability (%)
Net Income($000) 86,551 53,619 55,224 52,368 45,325
Net Income Attributable to Parent($000) 83,062 50,518 52,362 49,782 43,288
ROAA 1.20 0.81 0.88 0.90 0.82
Core ROAA 1.21 0.81 0.86 0.88 0.78
ROAE 9.81 6.87 7.94 7.90 7.14
ROATCE 11.95 8.26 9.96 10.17 9.51
Core ROAE 10.02 6.95 7.83 7.86 6.90
Net Interest Margin 3.61 3.57 3.44 3.54 3.62
Reported: Net Interest Margin 3.61 3.57 3.44 3.54 3.61
Efficiency Ratio 54.71 55.76 56.22 56.84 60.91
Noninterest Inc/ Operating Rev 9.17 8.52 10.01 9.41 8.34
Balance Sheet Ratios (%)
Loans/ Deposits 115.58 117.64 117.08 116.01 121.84
Securities/ Assets 9.25 10.46 10.49 11.14 10.79
Total Equity/ Total Assets 12.32 11.98 10.92 11.15 11.15
Tangible Equity/ Tangible Assets 10.30 10.08 8.85 8.91 8.76
Tang Common Equity/ Tang Assets 10.15 9.94 8.73 8.81 8.68
Asset Quality (%)
NPAs/ Assets 0.55 0.71 0.86 0.64 0.52
NPA Excl Restructured/ Assets 0.38 0.47 0.64 0.34 0.26
NPAs & 90+ PD/ Assets 0.73 0.75 0.97 0.78 0.62
NPAs/ Loans & REO 0.64 0.84 1.02 0.77 0.62
Nonaccrual & 90+ & OREO/ Assets 0.56 0.51 0.75 0.49 0.37
NPAs & 90+ PD/ Loans & REO 0.85 0.89 1.15 0.94 0.75
NPA & Loans 90+/ Tangible Common Equity + LLR 6.80 7.09 10.35 8.22 6.62
NCOs/ Avg Loans 0.08 0.25 0.25 0.09 0.07
Loan Loss Reserves/ Gross Loans 0.93 1.02 0.99 1.13 1.11
Reserves/ NPAs 145.37 122.24 96.94 146.88 178.95
Loan Loss Provision/ NCO 102.15 135.55 76.85 170.92 269.87
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 745,103 669,238 559,644 530,505 NA
Tier 1 Capital($000) 765,089 687,299 575,830 545,035 504,964
Tier 2 Capital($000) 134,474 134,074 128,845 131,674 NA
Total Capital($000) 899,563 821,373 704,675 676,709 633,421
Total Risk-weighted Assets($000) 6,238,270 5,568,264 5,338,970 4,997,033 4,785,268
Tier 1 Common Capital (CET1) Ratio(%) 11.94 12.02 10.48 10.62 NA
Tier 1 Ratio(%) 12.26 12.34 10.79 10.91 10.55
Total Capital Ratio(%) 14.42 14.75 13.20 13.54 13.24
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) NA 10.43 9.16 9.37 9.01
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 80,157,147 77,255,030 71,037,349 70,882,891 70,703,874
Avg Diluted Shares(actual) 79,909,243 74,811,408 70,444,083 70,235,868 70,054,815
Basic Book Value per Share 11.23 10.40 9.79 9.42 9.08
Book Value per Share, As Reported 11.30 10.49 9.88 9.51 9.16
Basic Tangible Book Value per Share 9.15 8.54 7.74 7.32 6.94
Tangible Book Value per Share, As Reported 9.21 8.61 7.81 7.39 7
Common Dividends Declared per Share 0.40 0.36 0.36 0.36 0.34
EPS after Extra 1.04 0.68 0.74 0.71 0.62
EPS after Extra Growth(%) 52.90 (8.10) 4.20 14.50 19.20
Core EPS 1.05 0.68 0.72 0.70 0.59
Core EPS Growth(%) 54.50 (5.70) 3.20 17.80 11.30
Diluted EPS before Amortization 1.07 0.71 0.78 0.75 0.67
Pre-Provision Earnings per Share 1.15 0.88 0.84 0.79 0.69
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.