Financial Highlights

Financial Highlights
2019 FY
12/31/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
2015 FY
12/31/2015
Balance Sheet ($000)
Total Assets 3,341,290 2,753,297 2,322,347 1,923,931 1,438,824
Total Net Loans 1,752,278 1,454,274 1,199,379 983,882 869,719
Total Deposits 2,999,163 2,392,867 2,063,295 1,677,670 1,249,298
Equity Attributable to Parent Company 249,168 245,189 226,460 215,053 113,375
Total Equity 249,168 245,189 226,460 215,053 113,375
Profitability (%)
Net Income($000) (3,500) 8,627 8,905 4,945 2,433
Net Income Attributable to Parent($000) (3,500) 8,627 8,905 4,945 2,433
ROAA (0.12) 0.34 0.43 0.30 0.19
Core ROAA (0.15) 0.34 0.81 0.28 0.05
ROAE (1.41) 3.69 4.02 3.97 2.14
ROATCE NA 3.82 4.13 4.05 2.14
Core ROAE (1.76) 3.71 7.54 3.65 0.62
Net Interest Margin 2.85 3.16 3.23 3.14 3.29
Reported: Net Interest Margin 2.85 3.16 3.23 3.14 3.29
Efficiency Ratio 101.39 84.82 85.50 85.93 89.37
Noninterest Inc/ Operating Rev 22.54 21.17 24.59 23.64 15.39
Balance Sheet Ratios (%)
Loans/ Deposits 58.29 60.04 56.33 57.52 70.02
Securities/ Assets 35.52 39.54 40.44 41.80 32.03
Total Equity/ Total Assets 7.46 8.91 9.75 11.18 7.88
Tangible Equity/ Tangible Assets NA 8.58 9.56 10.94 7.88
Tang Common Equity/ Tang Assets NA 8.58 9.56 10.94 7.88
Asset Quality (%)
NPAs/ Assets NA 0.83 1.28 1.80 2.08
NPA Excl Restructured/ Assets 0.42 0.60 0.94 1.50 1.66
NPAs & 90+ PD/ Assets NA 0.83 1.28 1.82 2.08
NPAs/ Loans & REO NA 1.56 2.44 3.46 3.37
Nonaccrual & 90+ & OREO/ Assets 0.42 0.60 0.94 1.51 1.66
NPAs & 90+ PD/ Loans & REO NA 1.56 2.44 3.49 3.37
NPA & Loans 90+/ Tangible Common Equity + LLR NA 9.38 12.90 15.96 24.55
NCOs/ Avg Loans 0.08 0.17 0.13 0.12 0.41
Loan Loss Reserves/ Gross Loans 0.53 0.59 0.71 0.92 0.99
Reserves/ NPAs NA 37.65 28.97 26.41 29.04
Loan Loss Provision/ NCO 151.91 100.70 61.81 140.90 15
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 241,493 243,349 220,433 214,088 114,586
Tier 1 Capital($000) 252,493 254,349 240,911 235,888 136,386
Tier 2 Capital($000) 9,266 8,615 8,599 9,155 8,703
Total Capital($000) 261,759 262,964 249,510 245,043 145,089
Total Risk-weighted Assets($000) 2,115,632 1,750,113 1,494,019 1,290,321 1,099,701
Tier 1 Common Capital (CET1) Ratio(%) 11.41 13.90 14.75 16.59 10.42
Tier 1 Ratio(%) 11.93 14.53 16.13 18.28 12.40
Total Capital Ratio(%) 12.37 15.03 16.70 18.99 13.19
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 7.83 9.35 10.64 12.74 9.65
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 58,904,965 58,789,228 56,989,764 56,754,867 37,837,003
Avg Diluted Shares(actual) 58,833,000 59,407,000 58,250,000 39,865,000 38,094,000
Basic Book Value per Share 4.23 4.17 3.97 3.79 3
Book Value per Share, As Reported 4.23 4.17 3.97 3.79 3
Basic Tangible Book Value per Share NA 4 3.89 3.70 3
Tangible Book Value per Share, As Reported NA 4.09 3.89 3.70 3
EPS after Extra (0.06) 0.15 0.15 0.12 0.06
EPS after Extra Growth(%) NM 0 25 100 (14.30)
Core EPS (0.07) 0.15 0.28 0.11 0.02
Core EPS Growth(%) NM (46.40) 154.70 533.40 (71.70)
Diluted EPS before Amortization NA 0.15 0.15 0.12 0.06
Pre-Provision Earnings per Share (0.05) 0.17 0.08 0.09 0
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