Financial Highlights

Financial Highlights
2017 FY
12/31/2017
2016 FY
12/31/2016
2015 FY
12/31/2015
2014 FY
12/31/2014
2013 FY
12/31/2013
Balance Sheet ($000)
Total Assets 2,322,347 1,923,931 1,438,824 1,214,598 961,665
Total Net Loans 1,199,379 983,882 869,719 772,080 671,979
Total Deposits 2,063,295 1,677,670 1,249,298 1,072,230 869,534
Equity Attributable to Parent Company 226,460 215,053 113,375 112,811 62,899
Total Equity 226,460 215,053 113,375 112,811 62,899
Profitability (%)
Net Income($000) 8,905 4,945 2,433 2,442 (3,480)
Net Income Attributable to Parent($000) 8,905 4,945 2,433 2,442 (3,480)
ROAA 0.43 0.30 0.19 0.23 (0.37)
Core ROAA 0.44 0.28 0.05 0.20 (0.30)
ROAE 4.02 3.97 2.14 2.51 (5.07)
ROATCE 4.13 4.05 2.14 2.51 (5.07)
Core ROAE 4.08 3.65 0.62 2.21 (4.19)
Net Interest Margin 3.23 3.14 3.29 3.56 3.66
Reported: Net Interest Margin 3.23 3.14 3.29 3.56 3.66
Efficiency Ratio 85.50 85.93 89.37 88.54 85.79
Noninterest Inc/ Operating Rev 24.59 23.64 15.39 17.44 20.24
Balance Sheet Ratios (%)
Loans/ Deposits 56.33 57.52 70.02 72.93 78.12
Securities/ Assets 40.41 41.80 32.03 21 21.54
Total Equity/ Total Assets 9.75 11.18 7.88 9.29 6.54
Tangible Equity/ Tangible Assets 9.56 10.94 7.88 9.29 6.54
Tang Common Equity/ Tang Assets 9.56 10.94 7.88 9.29 6.54
Asset Quality (%)
NPAs/ Assets NA 1.80 2.08 2.72 1.71
NPA Excl Restructured/ Assets 0.94 1.50 1.66 2.07 1.51
NPAs & 90+ PD/ Assets NA 1.82 2.08 2.72 1.71
NPAs/ Loans & REO NA 3.46 3.37 4.20 2.39
Nonaccrual & 90+ & OREO/ Assets 0.94 1.51 1.66 2.07 1.51
NPAs & 90+ PD/ Loans & REO NA 3.49 3.37 4.20 2.39
NPA & Loans 90+/ Tangible Common Equity + LLR NA 15.96 24.55 26.60 21.92
NCOs/ Avg Loans 0.13 0.12 0.41 0.22 0.35
Loan Loss Reserves/ Gross Loans 0.71 0.92 0.99 1.47 1.79
Reserves/ NPAs NA 26.41 29.04 34.88 74.43
Loan Loss Provision/ NCO 61.81 140.90 15 55.32 222.90
Capital Adequacy
Tier 1 Common Capital (CET1)($000) NA 214,088 114,586 109,221 61,852
Tier 1 Capital($000) NA 235,888 136,386 131,020 83,652
Tier 2 Capital($000) NA 9,155 8,703 NA NA
Total Capital($000) NA 245,043 145,089 142,556 93,848
Total Risk-weighted Assets($000) NA 1,290,321 1,099,701 944,286 813,650
Tier 1 Common Capital (CET1) Ratio(%) 14.75 16.59 10.42 11.57 7.60
Tier 1 Ratio(%) 16.13 18.28 12.40 13.88 10.28
Total Capital Ratio(%) 16.70 18.99 13.19 15.10 11.53
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 10.64 12.74 9.65 11.23 8.59
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 57,015,201 56,754,867 37,837,003 37,815,503 25,972,897
Avg Diluted Shares(actual) 58,250,000 39,865,000 38,094,000 34,591,000 25,973,000
Basic Book Value per Share 3.97 3.79 3 2.98 2.42
As-reported Book Value per Share 3.97 3.79 3 2.98 2.42
Basic Tangible Book Value per Share 3.88 3.70 3 2.98 2.42
Reported: Tangible Book Value NA 3.70 3 2.98 2.42
EPS after Extra 0.15 0.12 0.06 0.07 (0.13)
EPS after Extra Growth(%) 25 100 (14.30) NM NM
Core EPS 0.15 0.11 0.02 0.06 (0.11)
Core EPS Growth(%) 37.90 533.40 (71.70) NM NM
Diluted EPS before Amortization 0.15 0.12 0.06 0.07 (0.13)
Pre-Provision Earnings per Share 0.08 0.09 0 0.05 0.06
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