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Financial Highlights
2019 FQ2 YTD
6/30/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
2015 FY
12/31/2015
Balance Sheet ($000)
Total Assets 3,438,302 3,353,281 2,789,355 2,548,950 2,409,066
Total Net Loans 2,743,506 2,643,856 2,035,666 1,623,960 1,520,346
Total Deposits 2,978,885 2,913,428 2,400,534 2,225,719 2,085,963
Equity Attributable to Parent Company 330,846 338,994 264,933 248,980 251,092
Total Equity 330,846 338,994 264,933 248,980 251,092
Profitability (%)
Net Income($000) 20,111 39,839 20,475 22,766 20,017
Net Income Attributable to Parent($000) 20,111 39,839 20,475 22,766 20,017
ROAA 1.19 1.27 0.77 0.92 0.86
Core ROAA 1.20 1.38 1.01 0.99 0.84
ROAE 11.83 12.38 7.82 9.21 7.89
ROATCE 13.45 13.58 7.96 9.38 8.06
Core ROAE 11.94 13.45 10.20 9.92 7.66
Net Interest Margin 3.86 3.88 3.65 3.52 3.58
Reported: Net Interest Margin 3.88 3.88 3.65 3.52 3.58
Efficiency Ratio 66.99 65.41 69.41 71.20 77.16
Noninterest Inc/ Operating Rev 24.28 28.31 32.18 34.53 34.13
Balance Sheet Ratios (%)
Loans/ Deposits 90.86 88.64 84.10 72.26 72.63
Securities/ Assets 13.05 13.36 19.36 24.62 25
Total Equity/ Total Assets 9.62 10.11 9.50 9.77 10.42
Tangible Equity/ Tangible Assets 8.72 9.17 9.45 9.70 10.34
Tang Common Equity/ Tang Assets 8.72 9.17 9.45 9.70 10.34
Asset Quality (%)
NPAs/ Assets 1.71 1.88 2.51 3.48 4.12
NPA Excl Restructured/ Assets 0.27 0.29 0.35 0.72 0.74
NPAs & 90+ PD/ Assets 1.71 1.88 2.51 3.48 4.13
NPAs/ Loans & REO 2.12 2.36 3.40 5.38 6.40
Nonaccrual & 90+ & OREO/ Assets 0.27 0.29 0.35 0.72 0.74
NPAs & 90+ PD/ Loans & REO 2.12 2.36 3.40 5.38 6.41
NPA & Loans 90+/ Tangible Common Equity + LLR 18.18 19.13 24.46 33.17 36.62
NCOs/ Avg Loans 0.02 (0.03) (0.06) 0.06 0.05
Loan Loss Reserves/ Gross Loans 0.94 0.93 1.10 1.23 1.46
Reserves/ NPAs 44.16 39.53 32.29 22.82 22.74
Loan Loss Provision/ NCO 437.21 NM NM (127.46) NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 295,310 307,255 255,934 238,996 239,271
Tier 1 Capital($000) 333,508 345,419 288,451 265,405 257,050
Tier 2 Capital($000) 27,386 26,184 23,712 20,884 21,120
Total Capital($000) 360,894 371,603 312,163 286,289 278,170
Total Risk-weighted Assets($000) 2,702,081 2,607,151 2,059,771 1,805,157 1,670,853
Tier 1 Common Capital (CET1) Ratio(%) 10.93 11.79 12.43 13.24 14.32
Tier 1 Ratio(%) 12.34 13.25 14 14.70 15.38
Total Capital Ratio(%) 13.36 14.25 15.16 15.86 16.65
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 9.95 10.47 10.57 10.50 10.91
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 22,498,776 23,579,725 21,333,869 21,258,092 22,251,373
Avg Diluted Shares(actual) 23,598,000 23,768,795 21,650,199 21,726,836 23,180,470
Basic Book Value per Share 14.71 14.38 12.42 11.71 11.28
Book Value per Share, As Reported 14.70 14.38 12.42 11.71 11.28
Basic Tangible Book Value per Share 13.19 12.90 12.34 11.62 11.18
Tangible Book Value per Share, As Reported 13.19 12.90 12.34 11.62 11.18
Common Dividends Declared per Share 0.36 0.60 0.42 0.34 0.26
EPS after Extra 0.85 1.68 0.95 1.05 0.86
EPS after Extra Growth(%) 9 76.80 (9.50) 22.10 11.70
Core EPS 0.86 1.83 1.24 1.13 0.83
Core EPS Growth(%) (5.70) 47.30 9.70 35.40 8.70
Diluted EPS before Amortization 0.87 1.72 0.97 1.07 0.87
Pre-Provision Earnings per Share 0.87 1.80 1.20 1.02 0.71
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.

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