Financial Highlights
Financial Highlights
2020 FQ3 YTD
9/30/2020
2019 FY
12/31/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
Balance Sheet ($000)
Total Assets 4,420,610 3,632,915 3,363,907 3,286,704 3,082,571
Total Net Loans 3,314,972 2,832,778 2,730,705 2,539,051 2,360,659
Total Deposits 3,372,034 2,690,384 2,463,708 2,522,365 2,374,985
Equity Attributable to Parent Company 431,900 416,561 375,249 365,870 340,811
Total Equity 431,900 416,561 375,249 365,870 340,811
COVID-19 Financial Disclosure
Paycheck Protection Program Loan($000) NA NA NA NA NA
PPP Loan Ratio(%) NA NA NA NA NA
COVID-19 Loan Modification($000) NA NA NA NA NA
COVID-19 Loan Modification Ratio(%) NA NA NA NA NA
Processing Fees on PPP Loans($000) NA NA NA NA NA
Profitability (%)
Net Income($000) 30,056 49,456 42,024 31,274 31,913
Net Income Attributable to Parent($000) 30,056 49,456 42,024 31,274 31,913
ROAA 1 1.39 1.28 1 1.07
Core ROAA 1.02 1.35 1.33 1.06 1.07
ROAE 9.45 12.52 11.33 8.82 9.35
ROATCE 11.10 14.91 13.86 11.07 11.99
Core ROAE 9.72 12.18 11.75 9.39 9.33
Net Interest Margin 3.19 3.75 3.96 3.79 3.86
Reported: Net Interest Margin 3.19 3.75 3.96 3.79 3.86
Efficiency Ratio 59.03 59.22 60.52 60.57 59.96
Noninterest Inc/ Operating Rev 25.44 15.87 13.62 13.89 14.60
Balance Sheet Ratios (%)
Loans/ Deposits 98.58 106 111.70 101.33 100.11
Securities/ Assets 7.47 9.71 10.51 10.61 10.97
Total Equity/ Total Assets 9.77 11.47 11.16 11.13 11.06
Tangible Equity/ Tangible Assets 8.69 10.15 9.68 9.56 9.31
Tang Common Equity/ Tang Assets 8.69 10.15 9.68 9.56 9.31
Asset Quality (%)
NPAs/ Assets 0.37 0.40 0.72 0.47 0.61
NPA Excl Restructured/ Assets 0.11 0.08 0.15 0.29 0.21
NPAs & 90+ PD/ Assets 0.37 0.40 0.72 0.47 0.61
NPAs/ Loans & REO 0.48 0.51 0.88 0.61 0.79
Nonaccrual & 90+ & OREO/ Assets 0.11 0.08 0.15 0.29 0.21
NPAs & 90+ PD/ Loans & REO 0.48 0.51 0.88 0.61 0.79
NPA & Loans 90+/ Tangible Common Equity + LLR 3.90 3.75 7.06 4.73 6.31
NCOs/ Avg Loans (0.01) 0.01 (0.07) 0.06 0.03
Loan Loss Reserves/ Gross Loans 1.06 0.84 0.81 0.76 0.76
Reserves/ NPAs 219.92 164.48 92.57 125.56 95.09
Loan Loss Provision/ NCO NM NM NM 209.22 467.74
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 374,907 360,342 329,596 316,472 293,555
Tier 1 Capital($000) 420,225 405,148 373,721 359,047 336,316
Tier 2 Capital($000) 35,572 23,890 22,381 19,501 17,962
Total Capital($000) 455,797 429,038 396,102 378,548 354,278
Total Risk-weighted Assets($000) 3,298,047 3,276,754 3,167,655 2,946,527 2,697,727
Tier 1 Common Capital (CET1) Ratio(%) 11.37 11 10.41 10.71 10.88
Tier 1 Ratio(%) 12.74 12.36 11.80 12.19 12.47
Total Capital Ratio(%) 13.82 13.09 12.50 12.85 13.13
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 9.80 11.28 11.41 11.24 11.17
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 16,243,124 16,425,136 16,534,256 16,592,125 16,416,695
Avg Diluted Shares(actual) 16,265,986 16,409,135 16,606,416 16,489,070 16,310,730
Basic Book Value per Share 26.59 25.36 22.70 22.05 20.76
Book Value per Share, As Reported 26.59 25.36 22.70 22.05 20.76
Basic Tangible Book Value per Share 23.37 22.12 19.37 18.61 17.14
Tangible Book Value per Share, As Reported 23.37 22.12 19.37 18.61 17.14
Common Dividends Declared per Share 0.84 1.06 1.68 0.74 1.16
EPS after Extra 1.85 3.01 2.53 1.90 1.96
EPS after Extra Growth(%) (15.90) 19 33.20 (3.10) 21
Core EPS 1.90 2.93 2.62 2.02 1.96
Core EPS Growth(%) (9.90) 11.60 29.70 3.40 10.80
Diluted EPS before Amortization 1.92 3.11 2.65 2.04 2.12
Pre-Provision Earnings per Share 2.37 2.82 2.51 1.88 1.88
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