Financial Highlights for Reg F Compliance

Please review the Financial Highlights for Reg F Compliance.

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3rd Quarter 2018 4th Quarter 2018 1st Quarter 2019 2nd Quarter 2019
CAPITAL RATIOS
Common Equity Tier 1 Capital (%) 10.10% 9.82% 9.68% 9.44%
Tier I Risk Based Capital (%) 11.01% 10.73% 10.57% 10.28%
Total Risk Based Capital (%) 11.63% 11.33% 11.17% 10.88%
Leverage Ratio (%) 9.39% 9.11% 9.00% 9.14%
PROFITABILITY
Net Income (in thousands) YTD $485,472 $602,404 $118,437 $247,760
Return on Average Assets YTD 1.62% 1.50% 1.18% 1.22%
Return on Average Equity YTD 13.16% 12.19% 9.53% 9.86%
Net Interest Margin YTD 3.57% 3.55% 3.42% 3.43%
ASSET QUALITY (Excludes Loans Held for Sale)
Nonperforming Loans (incl. 90+ days past due)/Total Loans .69% .65% .74% .77%
Total Nonperforming and Past Due Loans (30-89 days past due)/Total Loans .88% .81% .88% .89%
Nonperforming assets (incl. 90+ days past due)/Total Loans and Foreclosed Real Estate .78% .74% .81% .82%
Loan Loss Reserve/Total Loans .68% .65% .66% .65%
Reserve Coverage of Nonperforming Loans 0.99x 1.00x 0.89x 0.84x
Net Charge-off Ratio (Annualized net charge-offs to average total loans) .02% .17% .07% .07%
AVERAGE BALANCE SHEET
Total Assets (in millions) $40,011 $40,276 $40,781 $41,088
Total Loans (in millions) $28,074 $27,869 $27,983 $29,278
Earning Assets (in millions) $35,738 $36,044 $36,426 $36,803
Deposits (in millions) $31,146 $32,200 $32,863 $32,350
Shareholders' Equity (in millions) $4,927 $4,969 $5,039 $5,099
GNMA Repurchased Loans (included in OREO/excluded from Asset Quality Ratios) (in thousands) $2,903 $2,903 $2,721 $2,693

 

Credit Rating Moody's Fitch
Long-term Issuer Baa3 BBB

*NM = not meaningful


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