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Financial Highlights

Financial Highlights
2019 FQ1
3/31/2019
2018 FQ1
3/31/2018
Y-Y Ch (%)
2018 FQ4
12/31/2018
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 10,210,925 9,472,796 7.79 9,884,716 13.20
Total Net Loans 7,221,748 6,829,745 5.74 7,148,693 4.09
Total Deposits 8,047,798 7,327,635 9.83 7,754,593 15.12
Equity Attributable to Parent Company 1,455,848 1,313,073 10.87 1,408,260 13.52
Total Equity 1,455,848 1,313,073 10.87 1,408,260 13.52
Profitability (%)
Net Income($000) 38,817 36,679 5.83 41,713 (27.77)
Net Income Attributable to Parent($000) 38,817 36,679 5.83 41,713 (27.77)
ROAA 1.54 1.57 (3) bp 1.68 (14) bp
Core ROAA 1.55 1.57 (2) bp 1.73 (18) bp
ROAE 10.86 11.21 (35) bp 12.10 (124) bp
ROATCE 16.67 18.27 (160) bp 18.93 (226) bp
Core ROAE 10.95 11.21 (26) bp 12.41 (146) bp
Net Interest Margin 3.85 3.92 (7) bp 4.04 (19) bp
Reported: Net Interest Margin 3.84 3.92 (8) bp 4.04 (20) bp
Efficiency Ratio 51.18 51.38 (20) bp 50.97 21 bp
Noninterest Inc/ Operating Rev 17.15 18.26 (111) bp 17.72 (57) bp
Balance Sheet Ratios (%)
Loans/ Deposits 90.70 94.19 (349) bp 93.16 (246) bp
Securities/ Assets 18.51 16.58 193 bp 16.79 172 bp
Total Equity/ Total Assets 14.26 13.86 40 bp 14.25 1 bp
Tangible Equity/ Tangible Assets 10.14 9.32 82 bp 9.97 17 bp
Tang Common Equity/ Tang Assets 10.14 9.32 82 bp 9.97 17 bp
Asset Quality (%)
NPAs/ Assets 0.30 0.40 (10) bp 0.30 0 bp
NPA Excl Restructured/ Assets 0.29 0.39 (10) bp 0.29 0 bp
NPAs & 90+ PD/ Assets 0.30 0.41 (11) bp 0.32 (2) bp
NPAs/ Loans & REO 0.42 0.55 (13) bp 0.41 1 bp
Nonaccrual & 90+ & OREO/ Assets 0.29 0.40 (11) bp 0.31 (2) bp
NPAs & 90+ PD/ Loans & REO 0.42 0.56 (14) bp 0.43 (1) bp
NPA & Loans 90+/ Tangible Common Equity + LLR 2.87 4.21 (134) bp 3.07 (20) bp
NCOs/ Avg Loans 0.05 0.07 (2) bp (0.03) 8 bp
Loan Loss Reserves/ Gross Loans 1.11 1.11 0 bp 1.11 0 bp
Reserves/ NPAs 264.95 202.31 6,264 bp 273.71 (876) bp
Loan Loss Provision/ NCO 141.18 224.82 (8,364) bp NM NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 991,079 864,561 14.63 966,032 10.37
Tier 1 Capital($000) 1,057,276 930,536 13.62 1,032,173 9.73
Tier 2 Capital($000) 145,902 141,420 3.17 145,552 0.96
Total Capital($000) 1,203,178 1,071,956 12.24 1,177,725 8.64
Total Risk-weighted Assets($000) 8,176,677 7,831,727 4.40 8,060,882 5.75
Tier 1 Common Capital (CET1) Ratio(%) 12.12 11.04 108 bp 11.98 14 bp
Tier 1 Ratio(%) 12.93 11.88 105 bp 12.80 13 bp
Total Capital Ratio(%) 14.71 13.69 102 bp 14.61 10 bp
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 11 10.45 55 bp 10.91 9 bp
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 49,428,468 49,243,096 0.38 49,349,800 0.64
Avg Diluted Shares(actual) 49,540,844 49,427,972 0.23 49,511,233 0.24
Basic Book Value per Share 29.45 26.66 10.47 28.53 12.90
Book Value per Share, As Reported 29.45 NA NA 28.54 12.75
Basic Tangible Book Value per Share 19.98 17.02 17.39 19.01 20.41
Tangible Book Value per Share, As Reported 20.07 17.14 17.09 19.12 19.87
Common Dividends Declared per Share 0.22 0.18 22.22 0.22 0
EPS after Extra 0.78 0.74 5.41 0.85 (32.94)
EPS after Extra Growth(%) 5.40 32.10 (2,673) bp 73.50 (6,806) bp
Core EPS 0.79 0.74 6.76 0.87 (36.78)
Core EPS Growth(%) 6.20 29.70 (2,351) bp 39.90 (3,373) bp
Diluted EPS before Amortization 0.81 0.77 5.19 0.88 (31.82)
Pre-Provision Earnings per Share 0.73 0.70 4.29 0.79 (30.38)

   Q-Q Ch(%)= most recent quarter minus prior quarter annualized e.g. [(Q4-Q3)/Q3]*4

  * Percentages presented for individual quarters are annualized by taking the quarter amount and multiplying by four.


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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