Financial Highlights

Financial Highlights
2014 FY
12/31/2014
2015 FY
12/31/2015
2016 FY
12/31/2016
2017 FY
12/31/2017
2018 FY
12/31/2018
Balance Sheet ($000)
Total Assets 1,728,148 2,114,343 2,469,692 2,668,520 2,805,575
Total Net Loans 1,147,505 1,536,152 1,915,632 2,195,139 2,320,542
Total Deposits 1,212,716 1,433,849 1,808,687 2,039,869 2,137,557
Equity Attributable to Parent Company 411,606 398,829 386,907 397,806 404,121
Total Equity 411,606 398,829 386,907 397,806 404,121
Profitability (%)
Net Income($000) (183) 7,227 8,653 16,489 24,556
Net Income Attributable to Parent($000) (183) 7,227 8,653 16,489 24,556
ROAA (0.01) 0.39 0.39 0.65 0.91
ROAE (0.07) 1.76 2.20 4.14 6.10
ROATCE 0.22 2.07 2.48 4.38 6.34
Net Interest Margin 2.81 2.83 2.68 2.77 2.95
Reported: Net Interest Margin 2.81 2.83 2.68 2.77 2.95
Efficiency Ratio 80.16 75.03 74.72 67.50 61.10
Noninterest Inc/ Operating Rev 11.68 11.93 15.36 14.48 14.07
Balance Sheet Ratios (%)
Loans/ Deposits 94.49 107.43 106.80 108.19 109.26
Securities/ Assets 24.78 21.07 16.97 12.20 11.63
Total Equity/ Total Assets 23.82 18.86 15.67 14.91 14.40
Tangible Equity/ Tangible Assets 23.22 18.41 15.30 14.60 14.12
Tang Common Equity/ Tang Assets 23.22 18.41 15.30 14.60 14.12
Asset Quality (%)
NPAs/ Assets 0.27 0.52 0.37 0.46 0.52
NPA Excl Restructured/ Assets 0.26 0.51 0.36 0.43 0.51
NPAs & 90+ PD/ Assets 0.27 0.52 0.37 0.46 0.52
NPAs/ Loans & REO 0.41 0.70 0.47 0.55 0.62
Nonaccrual & 90+ & OREO/ Assets 0.26 0.51 0.36 0.43 0.51
NPAs & 90+ PD/ Loans & REO 0.41 0.70 0.47 0.55 0.62
NPA & Loans 90+/ Tangible Common Equity + LLR 1.15 2.70 2.31 2.98 3.53
NCOs/ Avg Loans 0.01 0 0.19 0 0.02
Reserves/ NPAs 273.92 157.01 205.57 171.46 132.30
Loan Loss Provision/ NCO NM NM 150.91 NM NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 395,615 390,342 376,575 389,211 397,863
Tier 1 Capital($000) 395,615 390,342 376,575 389,211 397,863
Tier 2 Capital($000) NA 17,102 18,750 20,877 19,335
Total Capital($000) 409,545 407,444 395,325 410,088 417,198
Total Risk-weighted Assets($000) 1,256,414 1,640,391 1,930,893 2,082,942 2,294,487
Tier 1 Common Capital (CET1) Ratio(%) 31.49 23.80 19.50 18.69 17.30
Tier 1 Ratio(%) 31.49 23.80 19.50 18.69 17.30
Total Capital Ratio(%) 32.60 24.84 20.47 19.69 18.20
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 23.29 19.60 16 14.93 14.40
Basel III Leverage Ratio(%) NA NA NA NA NA
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.