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Financial Highlights for Reg F Compliance

Please review the Financial Highlights for Reg F Compliance.

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3rd Quarter 2024 4th Quarter 2024 1st Quarter 2025 2nd Quarter 2025
CAPITAL RATIOS
Common Equity Tier 1 Capital (%) 11.2300% 11.1247% 11.3538% 11.2829%
Tier I Risk Based Capital (%) 11.6468% 11.5434% 11.7754% 11.6987%
Total Risk Based Capital (%) 13.1037% 13.0020% 13.6967% 13.4732%
Leverage Ratio (%) 10.1324% 10.0612% 10.3343% 10.2981%
PROFITABILITY
Net Income (in thousands) YTD $697,267 $890,736 $250,034 $520,563
Return on Average Assets YTD 1.13% 1.08% 1.24% 1.28%
Return on Average Equity YTD 10.58% 10.10% 11.37% 11.68%
Net Interest Margin YTD 3.35% 3.35% 3.45% 3.45%
ASSET QUALITY (Excludes Loans Held for Sale)
Nonperforming Loans (incl. 90+ days past due)/Total Loans .95% 1.00% .99% .95%
Total Nonperforming and Past Due Loans (30-89 days past due)/Total Loans 1.07% 1.14% 1.15% 1.13%
Nonperforming Assets (incl. 90+ days past due)/Total Loans and Foreclosed Real Estate .96% 1.00% 1.00% .96%
Loan Loss Reserve/Total Loans 1.32% 1.30% 1.32% 1.29%
Reserve Coverage of Nonperforming Loans 1.38x 1.31x 1.33x 1.36x
Net Charge-off Ratio (Annualized net charge-offs to average total loans) .15% .08% .19% .22%
AVERAGE BALANCE SHEET
Total Assets (in millions)1 $83,143 $82,667 $81,645 $82,549
Total Loans (in millions)1 $62,911 $62,908 $62,175 $63,062
Earning Assets (in millions) $77,379 $76,914 $75,939 $76,921
Deposits (in millions)1 $67,008 $66,947 $65,327 $65,653
Shareholders' Equity (in millions) $8,870 $8,866 $8,922 $9,060
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