Financial Highlights

Financial Highlights
2020 FY
12/31/2020
2019 FY
12/31/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
Balance Sheet ($000)
Total Assets 12,919,741 9,808,578 9,725,769 9,845,274 9,500,465
Total Net Loans 9,721,424 7,277,360 7,195,026 7,265,523 6,941,603
Total Deposits 9,837,829 7,102,609 6,830,122 6,714,166 6,553,629
Equity Attributable to Parent Company 1,619,797 1,413,840 1,358,980 1,298,661 1,251,781
Total Equity 1,619,797 1,413,840 1,358,980 1,298,661 1,251,781
COVID-19 Financial Disclosure
Paycheck Protection Program Loan($000) NA NA NA NA NA
PPP Loan Ratio(%) NA NA NA NA NA
COVID-19 Loan Modification($000) NA NA NA NA NA
COVID-19 Loan Modification Ratio(%) NA NA NA NA NA
Processing Fees on PPP Loans($000) NA NA NA NA NA
Profitability (%)
Net Income($000) 96,951 112,633 118,387 93,949 87,802
Net Income Attributable to Parent($000) 96,951 112,633 118,387 93,949 87,802
ROAA 0.86 1.15 1.22 0.99 0.95
Core ROAA 0.91 1.19 1.21 1.04 0.97
ROAE 6.49 8.07 8.93 7.28 7.12
ROATCE 9.46 11.89 13.23 11 11.11
Core ROAE 6.88 8.38 8.92 7.71 7.27
Net Interest Margin 3.06 3.33 3.37 3.28 3.16
Reported: Net Interest Margin 3.09 3.35 3.39 3.21 3.11
Efficiency Ratio 56.35 54.22 53.13 54.31 56.50
Noninterest Inc/ Operating Rev 18.05 17.62 15.81 16.67 17.54
Balance Sheet Ratios (%)
Loans/ Deposits 99.85 103.24 106.16 109.11 106.86
Securities/ Assets 12.52 15.18 16.57 16.22 16.89
Total Equity/ Total Assets 12.54 14.41 13.97 13.19 13.18
Tangible Equity/ Tangible Assets 9.27 10.43 10.11 9.33 9.14
Tang Common Equity/ Tang Assets 9.27 10.43 10.11 9.33 9.14
Asset Quality (%)
NPAs/ Assets 0.89 0.87 0.65 0.75 0.85
NPA Excl Restructured/ Assets 0.71 0.44 0.28 0.42 0.53
NPAs & 90+ PD/ Assets 0.89 0.87 0.65 0.75 0.85
NPAs/ Loans & REO 1.17 1.17 0.87 1 1.15
Nonaccrual & 90+ & OREO/ Assets 0.71 0.44 0.28 0.42 0.53
NPAs & 90+ PD/ Loans & REO 1.17 1.17 0.87 1 1.15
NPA & Loans 90+/ Tangible Common Equity + LLR 9.18 8.28 6.31 7.82 9.01
NCOs/ Avg Loans 0.06 0.18 0.39 0.10 0.07
Loan Loss Reserves/ Gross Loans 1.03 0.76 0.77 0.82 0.88
Reserves/ NPAs 88.05 64.90 88.29 81.90 77.08
Loan Loss Provision/ NCO 563.29 99.72 83.65 76.84 109.29
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 1,144,618 973,214 953,768 887,924 835,282
Tier 1 Capital($000) 1,157,505 973,214 953,768 887,924 835,282
Tier 2 Capital($000) 148,989 55,665 55,707 60,346 61,883
Total Capital($000) 1,306,494 1,028,879 1,009,475 948,270 897,165
Total Risk-weighted Assets($000) 10,941,308 7,749,317 7,606,160 7,881,960 7,178,853
Tier 1 Common Capital (CET1) Ratio(%) 10.46 12.56 12.54 11.27 11.64
Tier 1 Ratio(%) 10.58 12.56 12.54 11.27 11.64
Total Capital Ratio(%) 11.94 13.28 13.27 12.03 12.50
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 9.30 10.34 10.24 9.65 9.25
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 77,611,107 65,787,900 66,325,458 66,535,017 66,082,283
Avg Diluted Shares(actual) 69,625,958 64,734,591 65,103,097 64,579,222 63,851,986
Basic Book Value per Share 20.87 21.49 20.49 19.52 18.94
Book Value per Share, As Reported 20.87 21.49 20.49 19.52 18.94
Basic Tangible Book Value per Share 14.87 14.86 14.19 13.21 12.56
Tangible Book Value per Share, As Reported 14.86 14.85 14.18 13.20 12.54
Common Dividends Declared per Share 0.92 1.12 0.82 0.93 0.71
EPS after Extra 1.39 1.74 1.82 1.45 1.38
EPS after Extra Growth(%) (20.10) (4.40) 25.50 5.10 3.80
Core EPS 1.47 1.81 1.82 1.54 1.41
Core EPS Growth(%) (18.40) (0.60) 18.40 9 3
Diluted EPS before Amortization 1.44 1.78 1.85 1.49 1.43
Pre-Provision Earnings per Share 1.85 1.99 2.01 1.46 1.33
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.