Balance Sheet ($000)
Period Ended 2023 FY
12/31/23
2022 FY
12/31/22
2021 FY
12/31/21
2020 FY
12/31/20
2019 FY
12/31/19

Total Assets 8,468,678 8,763,969
7,695,037
4,551,789
3,577,260
Total Loans 6,353,942 6,180,499
4,621,836
2,789,101
2,573,751
Total Deposits 7,197,800 7,178,921
6,465,916
3,910,399
2,954,453
Total Equity 1,039,007 972,529
891,891
539,189
516,262
Profitability (%)
Period Ended 2023 FY
12/31/23
2022 FY
12/31/22
2021 FY
12/31/21
2020 FY
12/31/20
2019 FY
12/31/19
Net Income($000) 61,516 94,260
60,652
60,469
54,988
Return on Average Assets 0.73 1.20
1.15
1.41
1.75
Return on Average Equity 6.28 10.63
9.74
11.40
12.89
Return on Average Tangible Common Equity 10.58 17.96
14.74
16.76
18.53
Net Interest Margin 3.18 3.40
3.37
3.38
4.19
Efficiency Ratio

59.5

54.2
58.2
51.7
59.5
Balance Sheet Ratios (%)
Period Ended 2023 FY
12/31/23
2022 FY
12/31/22
2021 FY
12/31/21
2020 FY
12/31/20
2019 FY
12/31/19
Loans/ Deposits 88.3 86.1
71.5
71.3
87.1
Cash & Securities/ Assets 16.0 20.9
29.1
30.8
18.9
Total Equity/ Total Assets 12.3 11.1
11.6
11.6
14.5
Tang Common Equity/ Tang Assets 7.98 6.82
7.51
8.31
10.27
Asset Quality (%)
Period Ended 2023 FY
12/31/23
2022 FY
12/31/22
2021 FY
12/31/21
2020 FY
12/31/20
2019 FY
12/31/19
NPAs/ Assets 0.33 0.46
0.73
0.29
0.42
NCOs/ Average Loans 0.01 0.01
0.01
0.05
0.02
Allowance for Credit Losses / Gross Loans 1.00 1.00
1.07
1.15
0.54
Reserves/ NPAs 223.8 154.4
80.7
211.9
89.7
Capital Adequacy
Period Ended 2023 FY
12/31/23
2022 FY
12/31/22
2021 FY
12/31/21
2020 FY
12/31/20
2019 FY
12/31/19
Tier 1 Common Capital (CET1) Ratio(%) 9.9 9.0
9.9
11.4
11.6
Tier 1 Ratio(%) 10.5 9.5
10.5
12.2
12.6
Total Capital Ratio(%) 13.0 12.3
13.8
12.9
13.4
Leverage Ratio(%) 9.2 8.2
9.4
9.0
11.9
Per Share Information ($)
Period Ended2023 FY
12/31/23
2022 FY
12/31/22
2021 FY
12/31/21
2020 FY
12/31/20
2019 FY
12/31/19
Common Shares Outstanding 14,894,209
14,690,614
13,994,079
10,030,267
10,610,259
Average Diluted Shares 15,070,579 14,374,931
11,144,866
10,541,251
9,900,319
Book Value per Share 69.76 66.20
63.73
53.86
48.76
Tangible Book Value per Share 43.28 38.81
39.47
36.34
33.08
Diluted Earnings per Share 4.08 6.56
5.44
5.70
5.52

Data shown on this page is extracted directly from the company’s SEC documents and/or S&P Global Market Intelligence.