Financial Highlights
Financial Highlights
2018 FQ1 YTD
3/31/2018
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 3,293,900 3,286,704 3,082,571 2,903,556 2,893,379
Total Net Loans 2,531,230 2,539,051 2,360,659 2,262,046 2,069,236
Total Deposits 2,540,053 2,522,365 2,374,985 2,275,382 2,276,915
Equity Attributable to Parent Company 368,340 365,870 340,811 333,804 328,138
Total Equity 368,340 365,870 340,811 333,804 328,138
Profitability (%)
Net Income($000) 10,881 31,274 31,913 27,020 17,331
Net Income Attributable to Parent($000) 10,881 31,274 31,913 27,020 17,331
ROAA 1.34 1 1.07 0.94 0.76
Core ROAA NA 1.02 1.07 1.02 0.97
ROAE 11.91 8.82 9.35 8.19 6.91
ROATCE 14.57 11.07 11.99 10.88 8.87
Core ROAE NA 9.02 9.33 8.93 8.80
Net Interest Margin 3.99 3.79 3.86 3.83 3.75
Reported: Net Interest Margin 4.06 3.79 3.86 3.83 3.75
Efficiency Ratio 59.55 60.57 59.96 64.27 67.03
Noninterest Inc/ Operating Rev 12.67 13.89 14.60 13.67 11.42
Balance Sheet Ratios (%)
Loans/ Deposits NA 101.33 100.11 100.05 91.69
Securities/ Assets 10.57 10.61 10.97 12.28 15.51
Total Equity/ Total Assets 11.18 11.13 11.06 11.50 11.34
Tangible Equity/ Tangible Assets 9.63 9.56 9.31 9.56 9.30
Tang Common Equity/ Tang Assets 9.63 9.56 9.31 9.56 9.30
Asset Quality (%)
NPAs/ Assets NA 0.47 0.61 0.90 1.91
NPA Excl Restructured/ Assets 0.25 0.29 0.21 0.23 1.09
NPAs & 90+ PD/ Assets NA 0.47 0.61 0.90 1.92
NPAs/ Loans & REO NA 0.61 0.79 1.14 2.65
Nonaccrual & 90+ & OREO/ Assets NA 0.29 0.21 0.23 1.09
NPAs & 90+ PD/ Loans & REO NA 0.61 0.79 1.14 2.65
NPA & Loans 90+/ Tangible Common Equity + LLR NA 4.73 6.31 9.07 19.58
NCOs/ Avg Loans (0.07) 0.06 0.03 0.15 (0.01)
Loan Loss Reserves/ Gross Loans 0.78 0.76 0.76 0.69 0.96
Reserves/ NPAs NA 125.56 95.09 60.15 36.17
Loan Loss Provision/ NCO NM 209.22 467.74 (29.76) NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 324,065 315,573 293,555 280,171 NA
Tier 1 Capital($000) 367,546 359,047 336,316 329,858 314,752
Tier 2 Capital($000) 19,974 19,501 17,962 15,681 NA
Total Capital($000) 387,520 378,548 354,278 345,539 334,793
Total Risk-weighted Assets($000) 2,935,367 2,946,526 2,697,727 2,570,015 2,319,404
Tier 1 Common Capital (CET1) Ratio(%) 11.04 10.71 10.88 10.89 NA
Tier 1 Ratio(%) 12.52 12.19 12.47 12.83 13.57
Total Capital Ratio(%) 13.20 12.85 13.13 13.45 14.43
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 11.50 11.24 11.17 11.56 11.15
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 16,598,466 16,592,125 16,416,695 16,358,711 16,976,839
Avg Diluted Shares(actual) 16,604,325 16,489,070 16,310,730 16,642,140 13,541,904
Basic Book Value per Share 22.19 22.05 20.76 20.41 19.33
As-reported Book Value per Share 22.19 22.05 20.76 20.41 19.33
Basic Tangible Book Value per Share 18.79 18.61 17.14 16.61 15.49
Reported: Tangible Book Value 18.79 18.61 17.14 16.61 15.49
Common Dividends Declared per Share 0.22 0.74 1.16 0.58 2.48
EPS after Extra 0.66 1.90 1.96 1.62 1.28
EPS after Extra Growth(%) 43.50 (3.10) 21 26.60 (34.40)
Core EPS NA 1.94 1.96 1.77 1.63
Core EPS Growth(%) NA (0.80) 10.80 8.30 (20.20)
Diluted EPS before Amortization 0.69 2.04 2.12 1.80 1.42
Pre-Provision Earnings per Share 0.53 1.88 1.88 1.50 1.33
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