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 2,388,460 2,386,398 2,462,276 2,607,936 2,602,514
Total Net Loans 1,797,908 1,835,000 1,686,308 1,670,981 1,687,527
Total Deposits 1,929,891 1,841,338 1,873,259 2,000,759 1,950,742
Equity Attributable to Parent Company 350,714 339,057 343,017 351,374 328,606
Total Equity 350,714 339,057 343,017 351,374 328,606
Profitability (%)
Net Income($000) 21,485 25,126 24,540 25,490 23,312
Net Income Attributable to Parent($000) 21,485 25,126 24,540 25,490 23,312
ROAA 0.91 1.02 0.97 0.98 0.88
Core ROAA 0.94 1.07 0.97 1.04 0.93
ROAE 6.14 7.42 7.05 7.44 6.56
ROATCE 8.97 11.13 10.53 11.52 10.04
Core ROAE 6.38 7.74 7.03 7.89 6.96
Net Interest Margin 4.23 4.01 3.93 4.11 4.09
Reported: Net Interest Margin 4.23 4.01 3.93 4.11 4.09
Efficiency Ratio 57.38 61.04 62.92 63.67 60.16
Noninterest Inc/ Operating Rev 23.27 24.02 25 25.10 24.47
Balance Sheet Ratios (%)
Loans/ Deposits 94.16 100.63 91.10 84.44 87.70
Securities/ Assets 8.43 9.41 18.29 15.23 20.73
Total Equity/ Total Assets 14.68 14.21 13.93 13.47 12.63
Tangible Equity/ Tangible Assets 10.88 10.34 10.07 9.77 8.83
Tang Common Equity/ Tang Assets 10.88 10.34 10.07 9.16 8.22
Asset Quality (%)
NPAs/ Assets 1.22 1.42 1.49 1.22 1.49
NPA Excl Restructured/ Assets 0.90 0.88 0.92 0.66 1.02
NPAs & 90+ PD/ Assets 1.22 1.42 1.49 1.22 1.49
NPAs/ Loans & REO 1.63 1.88 2.25 2.01 2.47
Nonaccrual & 90+ & OREO/ Assets 0.90 0.88 0.92 0.66 1.02
NPAs & 90+ PD/ Loans & REO 1.63 1.88 2.25 2.01 2.47
NPA & Loans 90+/ Tangible Common Equity + LLR 10.87 13.35 14.24 12.73 16.89
NCOs/ Avg Loans 0.08 0.21 0.14 0.18 0.68
Loan Loss Reserves/ Gross Loans 1.06 0.97 1.19 1.20 1.41
Reserves/ NPAs 66.15 52.92 55.16 63.75 62.23
Loan Loss Provision/ NCO 192.03 35.46 101.62 5.02 79.29
Capital Adequacy
Tier 1 Common Capital (CET1)($000) 251,052 241,671 246,237 234,687 219,761
Tier 1 Capital($000) 251,052 256,671 249,436 264,838 250,012
Tier 2 Capital($000) 19,342 18,282 20,562 NA NA
Total Capital($000) 270,394 274,953 269,998 284,999 270,636
Total Risk-weighted Assets($000) 1,795,906 1,741,389 1,693,228 1,612,028 1,646,169
Tier 1 Common Capital (CET1) Ratio(%) 13.98 13.88 14.54 14.56 13.35
Tier 1 Ratio(%) 13.98 14.74 14.73 16.43 15.19
Total Capital Ratio(%) 15.06 15.79 15.95 17.68 16.44
Liquidity Coverage Ratio(%) NA NA NA NA NA
Leverage Ratio(%) 11.06 11.07 10.62 10.12 9.95
Basel III Leverage Ratio(%) NA NA NA NA NA
Per Share Information ($)
Common Shares Outstanding(actual) 16,998,226 16,994,208 18,098,141 18,406,219 18,514,579
Avg Diluted Shares(actual) 17,077,842 17,365,524 18,727,464 19,483,054 20,961,800
Basic Book Value per Share 20.63 19.95 18.95 18.27 16.92
As-reported Book Value per Share 20.63 19.95 18.95 18.06 16.79
Basic Tangible Book Value per Share 14.64 13.89 13.11 12.45 11.07
Reported: Tangible Book Value 14.64 13.89 13.11 12.56 11.26
Common Dividends Declared per Share 0.68 0.60 0.54 0.50 0.48
EPS after Extra 1.26 1.45 1.31 1.31 1.11
EPS after Extra Growth(%) (13.10) 10.70 0 18 (20.70)
Core EPS 1.31 1.51 1.31 1.39 1.18
Core EPS Growth(%) (13.50) 15.60 (6.10) 17.80 (22.80)
Diluted EPS before Amortization 1.32 1.52 1.37 1.35 1.15
Pre-Provision Earnings per Share 1.72 1.49 1.28 1.32 1.37
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