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Financial Highlights

Financial Highlights
2018 FQ4
12/31/2018
2017 FQ4
12/31/2017
Y-Y Ch (%)
2018 FQ3
9/30/2018
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 9,884,716 9,367,478 5.52 9,787,282 3.98
Total Net Loans 7,148,693 6,683,383 6.96 7,012,687 7.76
Total Deposits 7,754,593 7,172,530 8.12 7,633,152 6.36
Equity Attributable to Parent Company 1,408,260 1,303,463 8.04 1,361,426 13.76
Total Equity 1,408,260 1,303,463 8.04 1,361,426 13.76
Profitability (%)
Net Income($000) 41,713 24,383 71.07 41,113 5.84
Net Income Attributable to Parent($000) 41,713 24,383 71.07 41,113 5.84
ROAA 1.68 1.06 62 bp 1.69 (1) bp
Core ROAA 1.73 1.35 38 bp 1.70 3 bp
ROAE 12.10 7.53 457 bp 12.10 0 bp
ROATCE 18.81 12.59 622 bp 19.14 (33) bp
Core ROAE 12.41 9.58 283 bp 12.19 22 bp
Net Interest Margin 4.04 4.10 (6) bp 4.05 (1) bp
Reported: Net Interest Margin 4.04 4.10 (6) bp 4.05 (1) bp
Efficiency Ratio 50.97 51.91 (94) bp 49.25 172 bp
Noninterest Inc/ Operating Rev 17.72 18.54 (82) bp 17.42 30 bp
Balance Sheet Ratios (%)
Loans/ Deposits 93.16 94.13 (97) bp 92.86 30 bp
Securities/ Assets 16.76 16.94 (18) bp 16.88 (12) bp
Total Equity/ Total Assets 14.25 13.91 34 bp 13.91 34 bp
Tangible Equity/ Tangible Assets 9.97 9.30 67 bp 9.55 42 bp
Tang Common Equity/ Tang Assets 9.97 9.30 67 bp 9.55 42 bp
Asset Quality (%)
NPAs/ Assets 0.30 0.43 (13) bp 0.31 (1) bp
NPA Excl Restructured/ Assets 0.29 0.42 (13) bp 0.30 (1) bp
NPAs & 90+ PD/ Assets 0.32 0.44 (12) bp 0.31 1 bp
NPAs/ Loans & REO 0.41 0.59 (18) bp 0.43 (2) bp
Nonaccrual & 90+ & OREO/ Assets 0.31 0.43 (12) bp 0.30 1 bp
NPAs & 90+ PD/ Loans & REO 0.43 0.61 (18) bp 0.43 0 bp
NPA & Loans 90+/ Tangible Common Equity + LLR 3.07 4.55 (148) bp 3.13 (6) bp
NCOs/ Avg Loans (0.03) 0.01 (4) bp 0.03 (6) bp
Loan Loss Reserves/ Gross Loans 1.11 1.11 0 bp 1.11 0 bp
Reserves/ NPAs 273.71 187.07 8,664 bp 259.21 1,450 bp
Loan Loss Provision/ NCO NM NM NM 260.71 NM
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 966,032 842,806 14.62 930,941 15.08
Tier 1 Capital($000) 1,032,173 908,725 13.58 997,027 14.10
Tier 2 Capital($000) 145,552 140,032 3.94 143,406 5.99
Total Capital($000) 1,177,725 1,048,757 12.30 1,140,433 13.08
Total Risk-weighted Assets($000) 8,060,882 7,660,604 5.23 8,001,191 2.98
Tier 1 Common Capital (CET1) Ratio(%) 11.98 11 98 bp 11.64 34 bp
Tier 1 Ratio(%) 12.80 11.86 94 bp 12.46 34 bp
Total Capital Ratio(%) 14.61 13.69 92 bp 14.25 36 bp
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 10.91 10.43 48 bp 10.73 18 bp
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 49,349,800 49,158,238 0.39 49,304,542 0.37
Avg Diluted Shares(actual) 49,511,000 49,379,303 0.27 49,492,019 0.15
Basic Book Value per Share 28.53 26.51 7.62 27.61 13.33
Book Value per Share, As Reported 28.54 26.51 7.66 27.61 13.47
Basic Tangible Book Value per Share 19.01 16.82 13.02 18.05 21.27
Tangible Book Value per Share, As Reported 19.12 16.96 12.74 18.16 21.15
Common Dividends Declared per Share 0.22 0.18 22.22 0.22 0
EPS after Extra 0.85 0.49 73.47 0.83 9.64
EPS after Extra Growth(%) 73.50 (10.90) 8,438 bp 66 747 bp
Core EPS 0.87 0.62 40.32 0.84 14.29
Core EPS Growth(%) 39.90 13 2,692 bp 35.50 441 bp
Diluted EPS before Amortization 0.88 0.53 66.04 0.86 9.30
Pre-Provision Earnings per Share 0.79 0.54 46.30 0.79 0

   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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