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Financial Highlights and Ratios

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 6,747,659 5,810,129 4,680,932 3,534,780 3,093,335
Total Net Loans 4,804,664 3,814,561 2,871,468 2,161,200 1,816,892
Total Deposits 5,177,240 4,592,720 3,523,245 2,844,387 2,416,534
Equity Attributable to Parent Company 864,267 689,664 435,397 353,453 312,651
Total Equity 864,267 689,664 435,397 353,453 312,651
Profitability (%)
Net Income($000) 67,275 42,865 29,202 22,141 5,696
Net Income Attributable to Parent($000) 67,275 42,865 29,202 22,141 5,696
ROAA 1.11 0.82 0.69 0.67 0.23
Core ROAA 1.31 1.06 0.94 0.78 0.52
ROAE 9.08 7.51 7.06 6.56 2.22
ROATCE 12.48 9.77 8.98 7.58 2.52
Core ROAE 10.71 9.67 9.54 7.65 5.07
Net Interest Margin 3.85 3.73 3.64 3.64 3.25
Reported: Net Interest Margin 3.85 3.73 3.63 3.64 3.25
Efficiency Ratio 56.31 58.88 64.65 68.54 81.34
Noninterest Inc/Operating Rev 19.23 19.69 20.94 22.63 24.83
Balance Sheet Ratios (%)
Loans/Deposits 93.20 83.12 81.73 75.81 75.39
Securities/Assets 19.14 24.49 29.40 28.66 31.28
Total Equity/Total Assets 12.81 11.87 9.30 10 10.11
Tangible Equity/Tangible Assets 9.72 9.27 7.74 9.13 9.14
Tang Common Equity/Tang Assets 9.72 9.27 7.74 9.13 9.14
Asset Quality (%)
NPAs/Assets 0.78 0.74 0.98 1.26 1.74
NPA Excl Restructured/Assets 0.58 0.47 0.60 0.69 0.92
NPAs & 90+ PD/Assets NA 0.74 0.98 1.26 1.75
NPAs/Loans & REO 1.09 1.11 1.57 2.04 2.92
Nonaccrual & 90+ & OREO/Assets NA 0.47 0.60 0.69 0.93
NPAs & 90+ PD/Loans & REO NA 1.11 1.57 2.04 2.94
NPA & Loans 90+/Tangible Common Equity + LLR NA 7.77 12.05 13.17 18.23
NCOs/Avg Loans 0.16 0.06 (0.07) 0.03 (0.03)
Loan Loss Reserves/Gross Loans 0.67 0.71 0.81 0.88 0.93
Reserves/NPAs 61.61 63.48 51.17 42.88 31.71
Loan Loss Provision/NCO 182.45 293.25 NM 450.43 NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA 523,832 351,769 317,004 243,126
Tier 1 Capital($000) NA 592,562 408,596 363,873 305,665
Tier 2 Capital($000) NA 27,184 23,462 19,166 NA
Total Capital($000) NA 619,746 432,058 383,039 322,765
Total Risk-weighted Assets($000) NA 4,352,390 3,259,871 2,392,668 1,986,291
Tier 1 Common Capital (CET1) Ratio(%) 13.10 12.04 10.79 13.25 12.24
Tier 1 Ratio(%) NA 13.61 12.53 15.21 15.39
Total Capital Ratio(%) 15.50 14.24 13.25 16.01 16.25
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 11.30 10.68 9.15 10.70 10.32
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 51,361,000 46,917,735 38,021,835 34,351,409 33,136,592
Avg Diluted Shares(actual) 48,748,000 43,350,314 37,508,046 33,744,171 27,716,895
Basic Book Value per Share 16.83 14.70 11.45 10.29 9.44
Book Value per Share, As Reported 16.83 14.70 11.45 10.29 9.44
Basic Tangible Book Value per Share 12.33 11.15 9.37 9.31 8.45
Tangible Book Value per Share, As Reported 12.33 11.15 9.37 9.31 8.45
Common Dividends Declared per Share 0 0 0 0 0
EPS after Extra 1.38 0.99 0.78 0.66 0.21
EPS after Extra Growth(%) 39.40 26.90 18.20 214.30 (91.40)
Core EPS 1.63 1.27 1.05 0.77 0.48
Core EPS Growth(%) 27.80 20.70 37.10 60.20 (80.50)
Diluted EPS before Amortization 1.47 1.07 0.85 0.70 0.25
Pre-Provision Earnings per Share 1.78 1.31 1.04 0.82 0.41
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.