Financial Highlights for Reg F Compliance
Please review the Financial Highlights for Reg F Compliance.
| 3rd Quarter 2023 | 4th Quarter 2023 | 1st Quarter 2024 | 2nd Quarter 2024 | 3nd Quarter 2024 | |
|---|---|---|---|---|---|
| CAPITAL RATIOS | |||||
| Common Equity Tier 1 Capital (%) | 10.9849% | 11.4042% | 11.2782% | 11.3149% | 11.2300% |
| Tier I Risk Based Capital (%) | 11.3979% | 11.8216% | 11.6965% | 11.7293% | 11.6468% |
| Total Risk Based Capital (%) | 12.7129% | 13.1700% | 13.1130% | 13.1627% | 13.1037% |
| Leverage Ratio (%) | 9.8420% | 10.1958% | 10.2622% | 10.3145% | 10.1324% |
| PROFITABILITY | |||||
| Net Income (in thousands) YTD | $637,775 | $851,428 | $225,167 | $451,087 | $697,267 |
| Return on Average Assets YTD | 1.03% | 1.03% | 1.10% | 1.10% | 1.13% |
| Return on Average Equity YTD | 10.10% | 10.06% | 10.28% | 10.35% | 10.58% |
| Net Interest Margin YTD | 3.47% | 3.43% | 3.38% | 3.38% | 3.35% |
| ASSET QUALITY (Excludes Loans Held for Sale) | |||||
| Nonperforming Loans (incl. 90+ days past due)/Total Loans | .67% | .79% | .83% | .92% | .95% |
| Total Nonperforming and Past Due Loans (30-89 days past due)/Total Loans | .79% | .92% | 1.03% | 1.07% | 1.07% |
| Nonperforming Assets (incl. 90+ days past due)/Total Loans and Foreclosed Real Estate | .67% | .79% | .84% | .93% | .96% |
| Loan Loss Reserve/Total Loans | 1.23% | 1.26% | 1.27% | 1.31% | 1.32% |
| Reserve Coverage of Nonperforming Loans | 1.85x | 1.60x | 1.53x | 1.42x | 1.38x |
| Net Charge-off Ratio (Annualized net charge-offs to average total loans) | .61% | .28% | .27% | .22% | .15% |
| AVERAGE BALANCE SHEET | |||||
| Total Assets (in millions)1 | $84,293 | $83,538 | $82,099 | $82,723 | $83,143 |
| Total Loans (in millions)1 | $62,223 | $61,751 | $61,614 | $62,499 | $62,911 |
| Earning Assets (in millions) | $77,841 | $77,208 | $76,139 | $76,760 | $77,379 |
| Deposits (in millions)1 | $67,580 | $67,739 | $66,329 | $65,736 | $67,008 |
| Shareholders' Equity (in millions) | $8,506 | $8,536 | $8,812 | $8,723 | $8,870 |
| GNMA Repurchased Loans (included in OREO/excluded from Asset Quality Ratios) (in thousands) | $0 | $0 | $0 | $0 |
| Credit Rating | Moody's | Fitch |
|---|---|---|
| Long-term Issuer | Baa3 | BBB+ |
1 Quarter-to-date average balances
