Financial Highlights for Reg F Compliance

Please review the Financial Highlights for Reg F Compliance.

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3rd Quarter 2019 4th Quarter 2019 1st Quarter 2020 2nd Quarter 2020
CAPITAL RATIOS
Common Equity Tier 1 Capital (%) 9.29% 9.38% 8.6990% 9.8406%
Tier I Risk Based Capital (%) 10.10% 10.18% 9.4422% 10.6366%
Total Risk Based Capital (%) 10.67% 10.77% 10.3679% 13.0549%
Leverage Ratio (%) 9.25% 9.12% 8.9972% 8.5436%
PROFITABILITY
Net Income (in thousands) YTD $378,258 $516,722 $31,378 $102,952
Return on Average Assets YTD 1.23% 1.24% .29% .46%
Return on Average Equity YTD 9.88% 10.01% 2.40% 3.90%
Net Interest Margin YTD 3.39% 3.38% 3.23% 3.10%
ASSET QUALITY (Excludes Loans Held for Sale)
Nonperforming Loans (incl. 90+ days past due)/Total Loans .62% .59% .61% .74%
Total Nonperforming and Past Due Loans (30-89 days past due)/Total Loans .78% .71% .76% .82%
Nonperforming assets (incl. 90+ days past due)/Total Loans and Foreclosed Real Estate .68% .64% .65% .78%
Loan Loss Reserve/Total Loans .61% .64% 1.33% 1.64%
Reserve Coverage of Nonperforming Loans 0.99x 1.09x 2.18x 2.24x
Net Charge-off Ratio (Annualized net charge-offs to average total loans) .19% .04% .10% .20%
AVERAGE BALANCE SHEET
Total Assets (in millions) $41,718 $42,656 $43,285 $47,606
Total Loans (in millions) $30,471 $31,289 $31,115 $34,699
Earning Assets (in millions) $37,453 $38,304 $38,842 $42,812
Deposits (in millions) $32,740 $33,141 $33,258 $38,234
Shareholders' Equity (in millions) $5,213 $5,296 $5,252 $5,353
GNMA Repurchased Loans (included in OREO/excluded from Asset Quality Ratios) (in thousands) $2,365 $2,178 $1.956 $1.956

 

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

*NM = not meaningful


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