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Financial Highlights

Financial Highlights
2018 FQ3
9/30/2018
2017 FQ3
9/30/2017
Y-Y Ch (%)
2018 FQ2
6/30/2018
Q-Q Ch (%)†
Balance Sheet ($000)
Total Assets 9,787,282 9,049,403 8.15 9,734,715 2.16
Total Net Loans 7,012,687 6,414,608 9.32 7,005,562 0.41
Total Deposits 7,633,152 6,911,019 10.45 7,503,815 6.89
Equity Attributable to Parent Company 1,361,426 1,283,120 6.10 1,340,328 6.30
Total Equity 1,361,426 1,283,120 6.10 1,340,328 6.30
Profitability (%)
Net Income($000) 41,113 24,358 68.79 39,634 14.93
Net Income Attributable to Parent($000) 41,113 24,358 68.79 39,634 14.93
ROAA 1.69 1.11 58 bp 1.63 6 bp
Core ROAA 1.70 1.37 33 bp 1.65 5 bp
ROAE 12.10 7.83 427 bp 11.94 16 bp
ROATCE 19.14 11.98 716 bp 19.22 (8) bp
Core ROAE 12.19 9.66 253 bp 12.06 13 bp
Net Interest Margin 4.05 4.02 3 bp 3.99 6 bp
Reported: Net Interest Margin 4.05 4.03 2 bp 3.99 6 bp
Efficiency Ratio 49.25 50.44 (119) bp 49.37 (12) bp
Noninterest Inc/ Operating Rev 17.42 19.32 (190) bp 16.71 71 bp
Balance Sheet Ratios (%)
Loans/ Deposits 92.86 93.81 (95) bp 94.37 (151) bp
Securities/ Assets 16.88 16.52 36 bp 16.91 (3) bp
Total Equity/ Total Assets 13.91 14.18 (27) bp 13.77 14 bp
Tangible Equity/ Tangible Assets 9.55 9.39 16 bp 9.36 19 bp
Tang Common Equity/ Tang Assets 9.55 9.39 16 bp 9.36 19 bp
Asset Quality (%)
NPAs/ Assets 0.31 0.49 (18) bp 0.31 0 bp
NPA Excl Restructured/ Assets 0.30 0.49 (19) bp 0.30 0 bp
NPAs & 90+ PD/ Assets 0.31 0.50 (19) bp 0.31 0 bp
NPAs/ Loans & REO 0.43 0.69 (26) bp 0.42 1 bp
Nonaccrual & 90+ & OREO/ Assets 0.30 0.49 (19) bp 0.30 0 bp
NPAs & 90+ PD/ Loans & REO 0.43 0.70 (27) bp 0.42 1 bp
NPA & Loans 90+/ Tangible Common Equity + LLR 3.13 5.15 (202) bp 3.17 (4) bp
NCOs/ Avg Loans 0.03 (0.05) 8 bp 0.03 0 bp
Loan Loss Reserves/ Gross Loans 1.11 1.13 (2) bp 1.09 2 bp
Reserves/ NPAs 259.21 163.77 9,544 bp 260.58 (137) bp
Loan Loss Provision/ NCO 260.71 NM NM 307.96 (4,725) bp
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 930,941 827,273 12.53 896,904 15.18
Tier 1 Capital($000) 997,027 893,137 11.63 962,934 14.16
Tier 2 Capital($000) 143,406 138,354 3.65 142,543 2.42
Total Capital($000) 1,140,433 1,031,491 10.56 1,105,477 12.65
Total Risk-weighted Assets($000) 8,001,191 7,497,321 6.72 8,002,666 (0.07)
Tier 1 Common Capital (CET1) Ratio(%) 11.64 11.03 61 bp 11.21 43 bp
Tier 1 Ratio(%) 12.46 11.91 55 bp 12.03 43 bp
Total Capital Ratio(%) 14.25 13.76 49 bp 13.81 44 bp
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 10.73 10.72 1 bp 10.43 30 bp
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 49,304,542 49,140,594 0.33 49,280,188 0.20
Avg Diluted Shares(actual) 49,492,019 48,643,774 1.74 49,451,406 0.33
Basic Book Value per Share 27.61 26.11 5.74 27.20 6.03
Book Value per Share, As Reported NA 26.11 NA NA NA
Basic Tangible Book Value per Share 18.05 16.37 10.26 17.60 10.23
Tangible Book Value per Share, As Reported 18.16 16.62 9.27 17.71 10.16
Common Dividends Declared per Share 0.22 0.18 22.22 0.22 0
EPS after Extra 0.83 0.50 66 0.80 15
EPS after Extra Growth(%) 66 (2) 6,796 bp 40.40 2,565 bp
Core EPS 0.84 0.62 35.48 0.81 14.81
Core EPS Growth(%) 35.50 19.30 1,618 bp 38.90 (334) bp
Diluted EPS before Amortization 0.86 0.53 62.26 0.83 14.46
Pre-Provision Earnings per Share 0.79 0.55 43.64 0.77 10.39

   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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