Financial Highlights for Reg F Compliance
Please review the Financial Highlights for Reg F Compliance.
| 3rd Quarter 2022 | 4th Quarter 2022 | 1st Quarter 2023 | 2nd Quarter 2023 | |
|---|---|---|---|---|
| CAPITAL RATIOS | ||||
| Common Equity Tier 1 Capital (%) | 10.5515% | 10.7744% | 10.9424% | 10.8181% |
| Tier I Risk Based Capital (%) | 10.9846% | 11.2034% | 11.3693% | 11.2337% |
| Total Risk Based Capital (%) | 12.1786% | 12.4141% | 12.6678% | 12.5354% |
| Leverage Ratio (%) | 9.1887% | 9.7561% | 10.0523% | 9.7721% |
| PROFITABILITY | ||||
| Net Income (in thousands) YTD | $702,045 | $1,008,390 | $284,951 | $473,522 |
| Return on Average Assets YTD | 1.09% | 1.19% | 1.45% | 1.17% |
| Return on Average Equity YTD | 11.25% | 12.20% | 13.92% | 11.35% |
| Net Interest Margin YTD | 2.87% | 3.11% | 3.89% | 3.63% |
| ASSET QUALITY (Excludes Loans Held for Sale) | ||||
| Nonperforming Loans (incl. 90+ days past due)/Total Loans | .55% | .60% | .74% | .68% |
| Total Nonperforming and Past Due Loans (30-89 days past due)/Total Loans | .74% | .78% | .87% | .82% |
| Nonperforming Assets (incl. 90+ days past due)/Total Loans and Foreclosed Real Estate | .56% | .61% | .75% | .69% |
| Loan Loss Reserve/Total Loans | 1.16% | 1.18% | 1.21% | 1.20% |
| Reserve Coverage of Nonperforming Loans | 2.10x | 1.96x | 1.64x | 1.77x |
| Net Charge-off Ratio (Annualized net charge-offs to average total loans) | .08% | .11% | .11% | .16% |
| AVERAGE BALANCE SHEET | ||||
| Total Assets (in millions)1 | $83,084 | $80,587 | $79,784 | $83,220 |
| Total Loans (in millions)1 | $57,313 | $58,169 | $58,681 | $60,663 |
| Earning Assets (in millions) | $76,904 | $74,286 | $73,427 | $76,681 |
| Deposits (in millions)1 | $69,444 | $66,192 | $63,574 | $62,765 |
| Shareholders' Equity (in millions) | $8,265 | $8,020 | $8,305 | $8,517 |
| GNMA Repurchased Loans (included in OREO/excluded from Asset Quality Ratios) (in thousands) | $768 | $154 | $154 | $0 |
| Credit Rating | Moody's | Fitch |
|---|---|---|
| Long-term Issuer | Baa3 | BBB |
1 Quarter-to-date average balances
