Skip to Main Content Skip to Sitemap

Financial Highlights

Financial Highlights
2018 FY
12/31/2018
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 3,181,722 2,993,403 2,477,597 2,297,676 2,178,952
Total Net Loans 2,518,321 2,332,465 1,924,210 1,782,358 1,626,555
Total Deposits 2,620,882 2,437,656 1,981,628 1,836,137 1,760,813
Equity Attributable to Parent Company 399,589 373,286 293,018 280,197 279,505
Total Equity 399,589 373,286 293,018 280,197 279,505
Profitability (%)
Net Income($000) 46,249 32,268 28,843 26,423 24,292
Net Income Attributable to Parent($000) 46,249 32,268 28,843 26,423 24,292
ROAA 1.52 1.13 1.20 1.19 1.12
Core ROAA 1.52 1.14 1.22 1.21 1.12
ROAE 12.03 9.19 10.10 9.52 8.78
ROATCE 16.84 13.04 13.12 12.56 11.79
Core ROAE 12.07 9.29 10.27 9.68 8.80
Net Interest Margin 3.99 3.87 3.73 3.80 3.67
Reported: Net Interest Margin 3.98 3.88 3.74 3.81 3.68
Efficiency Ratio 59.52 60.61 60.87 61.37 63.31
Noninterest Inc/ Operating Rev 26.42 28.22 29.81 30.03 29.96
Balance Sheet Ratios (%)
Loans/ Deposits 96.92 96.35 97.92 98.15 93.52
Securities/ Assets 9.74 9.30 10.74 10.95 11.68
Total Equity/ Total Assets 12.56 12.47 11.83 12.19 12.83
Tangible Equity/ Tangible Assets 9.63 9.31 9.52 9.69 10.19
Tang Common Equity/ Tang Assets 9.63 9.31 9.52 9.69 10.19
Asset Quality (%)
NPAs/ Assets 1 1.54 1.02 1.25 2.52
NPA Excl Restructured/ Assets 0.64 1.08 0.60 0.77 1.39
NPAs & 90+ PD/ Assets 1 1.54 1.02 1.25 2.52
NPAs/ Loans & REO 1.25 1.95 1.30 1.59 3.32
Nonaccrual & 90+ & OREO/ Assets 0.64 1.08 0.60 0.77 1.39
NPAs & 90+ PD/ Loans & REO 1.25 1.95 1.30 1.59 3.32
NPA & Loans 90+/ Tangible Common Equity + LLR 9.78 15.56 9.91 11.89 22.88
NCOs/ Avg Loans (0.02) 0.10 (0.01) (0.03) 0.08
Loan Loss Reserves/ Gross Loans 1.11 1.13 1.33 1.40 1.50
Reserves/ NPAs 89.11 57.99 102.12 88.25 45.03
Loan Loss Provision/ NCO NM 137.16 NM NM 85.86
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 303,860 274,832 234,809 218,297 NA
Tier 1 Capital($000) 338,860 309,832 269,809 253,297 250,847
Tier 2 Capital($000) 28,331 26,683 25,884 25,382 NA
Total Capital($000) 367,191 336,515 295,693 278,679 273,441
Total Risk-weighted Assets($000) 2,763,094 2,635,472 2,246,851 2,037,997 1,810,000
Tier 1 Common Capital (CET1) Ratio(%) 11 10.43 10.45 10.71 NA
Tier 1 Ratio(%) 12.26 11.76 12.01 12.43 13.89
Total Capital Ratio(%) 13.29 12.77 13.16 13.67 15.15
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 11.14 10.80 11.24 11.46 11.89
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 20,171,392 20,312,082 17,966,412 18,205,662 18,469,068
Avg Diluted Shares(actual) 20,468,000 20,056,000 18,070,000 18,742,000 19,938,000
Basic Book Value per Share 19.81 18.38 16.31 15.39 15.13
Book Value per Share, As Reported 19.81 18.38 16.31 15.39 15.09
Basic Tangible Book Value per Share 14.71 13.24 12.80 11.89 11.67
Tangible Book Value per Share, As Reported 14.71 13.24 12.80 11.89 11.62
Common Dividends Declared per Share 0.64 0.50 0.44 0.39 0.31
EPS after Extra 2.26 1.61 1.60 1.41 1.22
EPS after Extra Growth(%) 40.40 0.60 13.50 15.60 11.40
Core EPS 2.27 1.63 1.63 1.43 1.22
Core EPS Growth(%) 39.20 0 13.60 17.30 6.90
Diluted EPS before Amortization 2.32 1.67 1.63 1.45 1.28
Pre-Provision Earnings per Share 2.20 1.64 1.52 1.32 1.09
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.