Financial Highlights
Financial Highlights
2018 FQ2 YTD
6/30/2018
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 3,288,521 3,286,704 3,082,571 2,903,556 2,893,379
Total Net Loans 2,615,689 2,539,051 2,360,659 2,262,046 2,069,236
Total Deposits 2,529,811 2,522,365 2,374,985 2,275,382 2,276,915
Equity Attributable to Parent Company 374,919 365,870 340,811 333,804 328,138
Total Equity 374,919 365,870 340,811 333,804 328,138
Profitability (%)
Net Income($000) 20,327 31,274 31,913 27,020 17,331
Net Income Attributable to Parent($000) 20,327 31,274 31,913 27,020 17,331
ROAA 1.25 1 1.07 0.94 0.76
Core ROAA 1.30 1.06 1.07 1.02 0.97
ROAE 11.06 8.82 9.35 8.19 6.91
ROATCE 13.62 11.07 11.99 10.88 8.87
Core ROAE 11.49 9.39 9.33 8.93 8.80
Net Interest Margin 3.96 3.79 3.86 3.83 3.75
Reported: Net Interest Margin 3.99 3.79 3.86 3.83 3.75
Efficiency Ratio 60.80 60.57 59.96 64.27 67.03
Noninterest Inc/ Operating Rev 12.97 13.89 14.60 13.67 11.42
Balance Sheet Ratios (%)
Loans/ Deposits 104.11 101.33 100.11 100.05 91.69
Securities/ Assets 10.41 10.61 10.97 12.28 15.51
Total Equity/ Total Assets 11.40 11.13 11.06 11.50 11.34
Tangible Equity/ Tangible Assets 9.87 9.56 9.31 9.56 9.30
Tang Common Equity/ Tang Assets 9.87 9.56 9.31 9.56 9.30
Asset Quality (%)
NPAs/ Assets 0.36 0.47 0.61 0.90 1.91
NPA Excl Restructured/ Assets 0.18 0.29 0.21 0.23 1.09
NPAs & 90+ PD/ Assets 0.36 0.47 0.61 0.90 1.92
NPAs/ Loans & REO 0.45 0.61 0.79 1.14 2.65
Nonaccrual & 90+ & OREO/ Assets 0.18 0.29 0.21 0.23 1.09
NPAs & 90+ PD/ Loans & REO 0.45 0.61 0.79 1.14 2.65
NPA & Loans 90+/ Tangible Common Equity + LLR 3.47 4.73 6.31 9.07 19.58
NCOs/ Avg Loans (0.08) 0.06 0.03 0.15 (0.01)
Loan Loss Reserves/ Gross Loans 0.80 0.76 0.76 0.69 0.96
Reserves/ NPAs 179.50 125.56 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) 331,383 316,472 293,555 280,171 NA
Tier 1 Capital($000) 375,167 359,047 336,316 329,858 314,752
Tier 2 Capital($000) 21,167 19,501 17,962 15,681 NA
Total Capital($000) 396,334 378,548 354,278 345,539 334,793
Total Risk-weighted Assets($000) 3,003,778 2,946,527 2,697,727 2,570,015 2,319,404
Tier 1 Common Capital (CET1) Ratio(%) 11.03 10.71 10.88 10.89 NA
Tier 1 Ratio(%) 12.49 12.19 12.47 12.83 13.57
Total Capital Ratio(%) 13.19 12.85 13.13 13.45 14.43
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 11.81 11.24 11.17 11.56 11.15
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 16,609,336 16,592,125 16,416,695 16,358,711 16,976,839
Avg Diluted Shares(actual) 16,607,593 16,489,070 16,310,730 16,642,140 13,541,904
Basic Book Value per Share 22.57 22.05 20.76 20.41 19.33
As-reported Book Value per Share 22.57 22.05 20.76 20.41 19.33
Basic Tangible Book Value per Share 19.20 18.61 17.14 16.61 15.49
Reported: Tangible Book Value 19.20 18.61 17.14 16.61 15.49
Common Dividends Declared per Share 0.44 0.74 1.16 0.58 2.48
EPS after Extra 1.22 1.90 1.96 1.62 1.28
EPS after Extra Growth(%) 34.10 (3.10) 21 26.60 (34.40)
Core EPS 1.27 2.02 1.96 1.77 1.63
Core EPS Growth(%) 39.60 3.40 10.80 8.30 (20.20)
Diluted EPS before Amortization 1.29 2.04 2.12 1.80 1.42
Pre-Provision Earnings per Share 1.22 1.88 1.88 1.50 1.33
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