Financial Highlights for Reg F Compliance
Please review the Financial Highlights for Reg F Compliance.
| 1st Quarter 2023 | 2nd Quarter 2023 | 3rd Quarter 2023 | 4th Quarter 2023 | |
|---|---|---|---|---|
| CAPITAL RATIOS | ||||
| Common Equity Tier 1 Capital (%) | 10.9424% | 10.8181% | 10.9849% | 11.4042% |
| Tier I Risk Based Capital (%) | 11.3693% | 11.2337% | 11.3979% | 11.8216% |
| Total Risk Based Capital (%) | 12.6678% | 12.5354% | 12.7129% | 13.1700% |
| Leverage Ratio (%) | 10.0523% | 9.7721% | 9.8420% | 10.1958% |
| PROFITABILITY | ||||
| Net Income (in thousands) YTD | $284,951 | $473,522 | $637,775 | $851,428 |
| Return on Average Assets YTD | 1.45% | 1.17% | 1.03% | 1.03% |
| Return on Average Equity YTD | 13.92% | 11.35% | 10.10% | 10.06% |
| Net Interest Margin YTD | 3.89% | 3.64% | 3.48% | 3.43% |
| ASSET QUALITY (Excludes Loans Held for Sale) | ||||
| Nonperforming Loans (incl. 90+ days past due)/Total Loans | .74% | .68% | .67% | .79% |
| Total Nonperforming and Past Due Loans (30-89 days past due)/Total Loans | .87% | .82% | .79% | .92% |
| Nonperforming Assets (incl. 90+ days past due)/Total Loans and Foreclosed Real Estate | .75% | .69% | .67% | .79% |
| Loan Loss Reserve/Total Loans | 1.21% | 1.20% | 1.23% | 1.26% |
| Reserve Coverage of Nonperforming Loans | 1.64x | 1.77x | 1.85x | 1.60x |
| Net Charge-off Ratio (Annualized net charge-offs to average total loans) | .11% | .16% | .61% | .28% |
| AVERAGE BALANCE SHEET | ||||
| Total Assets (in millions)1 | $79,784 | $83,220 | $84,293 | $83,538 |
| Total Loans (in millions)1 | $58,681 | $60,663 | $62,223 | $61,751 |
| Earning Assets (in millions) | $73,427 | $76,681 | $77,841 | $77,208 |
| Deposits (in millions)1 | $63,574 | $62,765 | $67,580 | $67,739 |
| Shareholders' Equity (in millions) | $8,305 | $8,517 | $8,506 | $8,536 |
| GNMA Repurchased Loans (included in OREO/excluded from Asset Quality Ratios) (in thousands) | $154 | $0 | $0 | $0 |
| Credit Rating | Moody's | Fitch |
|---|---|---|
| Long-term Issuer | Baa3 | BBB |
1 Quarter-to-date average balances
