Financial Highlights
2020 FQ3
9/30/2020
2020 FQ2
6/30/2020
2020 FQ1
3/31/2020
2019 FQ4
12/31/2019
2019 FQ3
9/30/2019
Balance Sheet ($000)
Total Assets 6,619,391 6,467,521 6,347,825 6,354,460 6,425,335
Total Net Loans 5,531,636 5,403,684 5,172,241 5,312,597 5,457,574
Total Deposits 4,372,522 4,438,412 4,239,826 4,282,625 4,391,406
Equity Attributable to Parent Company 694,158 681,543 645,648 596,758 608,904
Total Equity 694,158 681,543 645,648 596,758 608,904
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) 15,868 12,966 8,392 6,945 4,705
Net Income Attributable to Parent($000) 15,868 12,966 8,392 6,945 4,705
ROAA 0.98 0.81 0.54 0.44 0.29
Core ROAA 1 0.88 0.54 0.63 0.29
ROAE 9.22 7.96 5.35 4.58 3.08
ROATCE 10.83 9.18 6.29 5.04 3.34
Core ROAE 9.39 8.66 5.35 6.55 3.04
Net Interest Margin 2.92 2.86 2.72 2.60 2.34
Reported: Net Interest Margin 2.92 2.86 2.72 2.60 2.34
Efficiency Ratio 47.50 50.33 57.57 56.71 57.69
Noninterest Inc/ Operating Rev 11.35 9.96 8.09 8 8.31
Balance Sheet Ratios (%)
Loans/ Deposits 127.56 122.67 122.82 124.70 124.86
Securities/ Assets 8.89 9.28 9.77 9.65 9.02
Total Equity/ Total Assets 10.49 10.54 10.17 9.39 9.48
Tangible Equity/ Tangible Assets 9.73 9.76 9.38 8.59 8.69
Tang Common Equity/ Tang Assets 7.95 7.94 8.23 8.59 8.69
Asset Quality (%)
NPAs/ Assets 0.19 0.24 0.29 0.17 0.26
NPA Excl Restructured/ Assets 0.19 0.24 0.29 0.17 0.25
NPAs & 90+ PD/ Assets 0.22 0.29 0.30 0.20 0.26
NPAs/ Loans & REO 0.22 0.28 0.35 0.21 0.30
Nonaccrual & 90+ & OREO/ Assets 0.22 0.29 0.30 0.20 0.26
NPAs & 90+ PD/ Loans & REO 0.26 0.35 0.37 0.24 0.31
NPA & Loans 90+/ Tangible Common Equity + LLR 2.52 3.46 3.46 2.22 2.89
NCOs/ Avg Loans (0.01) 0 0 0.38 0.37
Loan Loss Reserves/ Gross Loans 0.87 0.78 0.70 0.53 0.50
Reserves/ NPAs 390.31 276.23 200.82 256.43 166.56
Loan Loss Provision/ NCO NM NM NM 122.52 221.55
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 533,490 523,740 530,418 547,060 559,574
Tier 1 Capital($000) 650,059 640,309 602,642 547,060 559,574
Tier 2 Capital($000) 163,937 157,937 151,908 143,887 142,739
Total Capital($000) 813,996 798,246 754,550 690,947 702,313
Total Risk-weighted Assets($000) 4,993,397 4,852,102 4,961,823 4,905,925 5,269,165
Tier 1 Common Capital (CET1) Ratio(%) 10.69 10.79 10.69 11.15 10.62
Tier 1 Ratio(%) 13.02 13.20 12.15 11.15 10.62
Total Capital Ratio(%) 16.30 16.45 15.21 14.08 13.33
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 10.10 10.11 9.80 8.79 8.76
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 33,049,822 33,089,585 33,875,386 35,154,642 35,951,652
Avg Diluted Shares(actual) 32,907,696 33,243,700 34,631,965 35,567,196 35,769,461
Basic Book Value per Share 17.48 17.07 16.93 16.98 16.94
Book Value per Share, As Reported 17.48 17.07 16.93 16.98 16.94
Basic Tangible Book Value per Share 15.79 15.39 15.29 15.39 15.39
Tangible Book Value per Share, As Reported 15.79 15.39 15.29 15.39 15.39
Common Dividends Declared per Share 0.14 0.14 0.14 0.14 0.14
EPS after Extra 0.42 0.35 0.24 0.19 0.13
EPS after Extra Growth(%) 223.10 (2.80) (25) (44.10) (59.40)
Core EPS 0.43 0.38 0.24 0.27 0.13
Core EPS Growth(%) 234.50 7.20 (24.10) (25.40) (59.70)
Diluted EPS before Amortization 0.42 0.35 0.24 0.19 0.13
Pre-Provision Earnings per Share 0.58 0.53 0.42 0.40 0.37
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