Financial Highlights
2015 FY
12/31/2015
2016 FY
12/31/2016
2017 FY
12/31/2017
2018 FY
12/31/2018
2019 FQ2 YTD
6/30/2019
Balance Sheet ($000)
Total Assets 9,289,122 9,808,465 14,449,760 15,302,438 15,287,575
Total Net Loans 6,572,347 7,307,697 10,220,922 10,963,088 10,947,063
Total Deposits 6,438,509 6,942,427 10,388,502 10,899,778 11,347,316
Total Equity 1,199,757 1,327,490 2,204,291 2,349,886 2,421,406
Profitability (%)
Net Income($000) 138,199 177,146 135,083 300,403 143,514
ROAA 1.68 1.85 1.17 2.06 1.90
Core ROAA 1.74 1.91 1.64 2.13 1.95
ROAE 12.77 14.08 8.23 13.17 12.16
ROATCE 19.23 20.83 13.74 23.71 21.46
Core ROAE 13.21 14.51 11.49 13.62 12.49
Net Interest Margin 4.98 4.81 4.51 4.42 4.25
Reported: Net Interest Margin 4.98 4.81 4.51 4.42 4.29
Efficiency Ratio 39.43 36.40 37.61 37.64 39.95
Noninterest Inc/ Operating Rev 15.33 17.52 17.04 15.20 14.23
Balance Sheet Ratios (%)
Loans/ Deposits 102.55 105.60 99.02 100.99 NA
Total Equity/ Total Assets 12.92 13.53 15.25 15.36 15.84
Tangible Equity/ Tangible Assets 9 9.89 9.11 9.43 9.96
Tang Common Equity/ Tang Assets 9 9.89 9.11 9.43 9.96
Asset Quality (%)
NPAs/ Assets 0.75 0.87 0.50 0.50 NA
NPA Excl Restructured/ Assets 0.59 0.64 0.37 0.40 0.44
NPAs & 90+ PD/ Assets 1.01 1.04 0.57 0.61 NA
NPAs/ Loans & REO 1.06 1.16 0.69 0.68 NA
Nonaccrual & 90+ & OREO/ Assets 0.85 0.81 0.44 0.51 0.51
NPAs & 90+ PD/ Loans & REO 1.42 1.37 0.80 0.84 NA
NPA & Loans 90+/ Tangible Common Equity + LLR 10.76 10.04 6.18 6.39 NA
NCOs/ Avg Loans 0.22 0.11 0.17 0.05 0.07
Loan Loss Reserves/ Gross Loans 1.04 1.08 1.07 0.98 0.96
Reserves/ NPAs 99.28 93.47 153.33 143.30 NA
Loan Loss Provision/ NCO 202.77 237.65 316.39 74.56 32.72
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 809,515 938,754 1,240,822 1,362,859 NA
Tier 1 Capital($000) 868,515 997,754 1,311,520 1,433,700 NA
Tier 2 Capital($000) 69,224 80,002 407,598 406,740 NA
Total Capital($000) 937,739 1,077,756 1,719,118 1,840,440 NA
Total Risk-weighted Assets($000) 7,710,439 8,308,468 11,424,963 12,022,576 NA
Tier 1 Common Capital (CET1) Ratio(%) 10.50 11.30 10.86 11.34 NA
Tier 1 Ratio(%) 11.26 12.01 11.48 11.93 NA
Total Capital Ratio(%) 12.16 12.97 15.05 15.31 NA
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 9.91 10.63 9.98 10.36 NA
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 140,241,004 140,472,205 173,632,983 170,720,072 167,466,000
Avg Diluted Shares(actual) 137,130,000 140,713,000 151,528,000 174,124,000 168,686,000
Basic Book Value per Share 8.55 9.45 12.70 13.76 14.46
Book Value per Share, As Reported 8.55 9.45 12.70 13.76 14.46
Basic Tangible Book Value per Share 5.71 6.63 7.07 7.90 8.50
Tangible Book Value per Share, As Reported 5.71 6.63 7.07 7.90 8.50
Common Dividends Declared per Share 0.28 0.34 0.40 0.46 0.25
EPS after Extra 1.01 1.26 0.89 1.73 0.85
EPS after Extra Growth(%) 18.80 24.80 (29.40) 94.40 (1.20)
Core EPS 1.05 1.30 1.24 1.79 0.87
Core EPS Growth(%) 15.80 24.20 (4.30) 44 (0.10)
Diluted EPS before Amortization 1.04 1.28 0.92 1.77 0.87
Pre-Provision Earnings per Share 1.17 1.42 1.44 1.85 0.90
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