01/19/2022 | Press release | Distributed by Public on 01/19/2022 07:35
Earnings Summary
|
||||||||||||||||||||
(in thousands except per share data)
|
4Q
2021
|
3Q
2021
|
4Q
2020
|
YTD
2021
|
Year
2020
|
|||||||||||||||
Net income
|
$
|
19,248
|
$
|
21,142
|
$
|
15,826
|
$
|
87,939
|
$
|
59,504
|
||||||||||
Earnings per share
|
$
|
1.08
|
$
|
1.19
|
$
|
0.89
|
$
|
4.94
|
$
|
3.35
|
||||||||||
Earnings per share - diluted
|
$
|
1.08
|
$
|
1.19
|
$
|
0.89
|
$
|
4.94
|
$
|
3.35
|
||||||||||
Return on average assets
|
1.41
|
%
|
1.54
|
%
|
1.24
|
%
|
1.63
|
%
|
1.23
|
%
|
||||||||||
Return on average equity
|
10.94
|
%
|
12.06
|
%
|
9.64
|
%
|
12.88
|
%
|
9.36
|
%
|
||||||||||
Efficiency ratio
|
55.40
|
%
|
53.50
|
%
|
62.75
|
%
|
53.11
|
%
|
58.30
|
%
|
||||||||||
Tangible common equity
|
11.82
|
%
|
11.77
|
%
|
11.62
|
%
|
||||||||||||||
Dividends declared per share
|
$
|
0.400
|
$
|
0.400
|
$
|
0.385
|
$
|
1.570
|
$
|
1.530
|
||||||||||
Book value per share
|
$
|
39.13
|
$
|
38.78
|
$
|
36.77
|
||||||||||||||
Weighted average shares
|
17,796
|
17,790
|
17,755
|
17,786
|
17,748
|
|||||||||||||||
Weighted average shares - diluted
|
17,820
|
17,808
|
17,769
|
17,804
|
17,756
|
❖
|
Net interest income for the quarter of $40.8 million was $1.2 million, or 2.9%, below prior quarter but $2.2 million, or 5.7%, above fourth quarter 2020.
|
❖
|
Provision for credit losses for the fourth quarter 2021 was $0.5 million compared to a recovery of provision of $0.2 million during the quarter ended September 30, 2021. Provision for credit losses for the fourth quarter 2020 totaled $1.0 million.
|
❖
|
Our loan portfolio increased $10.6 million, an annualized 1.2%, during the quarter but was a decline of $145.4 million, or 4.1%, from December 31, 2020. Loans, excluding PPP loans, increased $62.4 million during the quarter.
|
❖
|
We experienced a net recovery of loan charge-offs for the quarter of $8 thousand. Net charge-offs for the quarter ended September 30, 2021, were $0.3 million, or 0.04% of average loans annualized, and $0.9 million, or 0.10% of average loans annualized, for the fourth quarter 2020.
|
❖
|
Asset quality remains strong from prior quarter as our nonperforming loans, excluding troubled debt restructurings, decreased to $16.6 million at December 31, 2021 from $18.7 million at September 30, 2021 and $26.6 million at December 31, 2020. Nonperforming assets at $20.1 million decreased $2.9 million from September 30, 2021 and $14.2 million from December 31, 2020.
|
❖
|
Deposits, including repurchase agreements, increased $27.1 million, an annualized 2.3%, during the quarter and $243.4 million, or 5.6%, from December 31, 2020.
|
❖
|
Noninterest income for the quarter ended December 31, 2021 of $15.0 million increased from prior quarter by $0.6 million, or 4.1%, but decreased $0.3 million, or 1.8%, from prior year same quarter.
|
❖
|
Noninterest expense for the quarter ended December 31, 2021 of $31.1 million increased $0.8 million, or 2.7%, from prior quarter, but decreased $2.5 million, or 7.4%, from prior year same quarter.
|
❖
|
We experienced a $5.8 million decline in taxes other than property and payroll year over year and a corresponding increase in income taxes, as a result of the Kentucky enacted legislation requiring financial institutions to transition from a bank franchise tax to the Kentucky corporate income tax beginning in 2021. Our effective income tax rate for the year 2021 was 16% compared to 14% for the year 2020.
|
Percent Change
|
||||||||||||||||||||||||||||||||
4Q 2021 Compared to:
|
||||||||||||||||||||||||||||||||
($ in thousands)
|
4Q
2021
|
3Q
2021
|
4Q
2020
|
3Q
2021
|
4Q
2020
|
Year
2021
|
Year
2020
|
Percent Change
|
||||||||||||||||||||||||
Components of net interest income
|
||||||||||||||||||||||||||||||||
Income on earning assets
|
$
|
44,357
|
$
|
45,726
|
$
|
43,148
|
(3.0
|
)%
|
2.8
|
%
|
$
|
178,169
|
$
|
176,441
|
1.0
|
%
|
||||||||||||||||
Expense on interest bearing liabilities
|
3,541
|
3,712
|
4,543
|
(4.6
|
)
|
(22.1
|
)
|
15,090
|
25,450
|
(40.7
|
)
|
|||||||||||||||||||||
Net interest income
|
$
|
40,816
|
$
|
42,014
|
$
|
38,605
|
(2.9
|
)%
|
5.7
|
%
|
$
|
163,079
|
$
|
150,991
|
8.0
|
%
|
||||||||||||||||
Average yield and rates paid
|
||||||||||||||||||||||||||||||||
Earning assets yield
|
3.45
|
%
|
3.52
|
%
|
3.58
|
%
|
(2.0
|
)%
|
(3.6
|
)%
|
3.50
|
%
|
3.88
|
%
|
(9.8
|
)%
|
||||||||||||||||
Rate paid on interest bearing liabilities
|
0.42
|
|
0.43
|
|
0.55
|
|
(2.3
|
)
|
(23.6
|
)
|
0.45
|
|
0.82
|
|
(45.1
|
)
|
||||||||||||||||
Gross interest margin
|
3.03
|
%
|
3.09
|
%
|
3.03
|
%
|
(1.9
|
)%
|
0.0
|
%
|
3.05
|
%
|
3.06
|
%
|
(0.3
|
)%
|
||||||||||||||||
Net interest margin
|
3.17
|
%
|
3.23
|
%
|
3.20
|
%
|
(1.9
|
)%
|
(0.9
|
)%
|
3.21
|
%
|
3.33
|
%
|
(3.6
|
)%
|
||||||||||||||||
Average balances
|
||||||||||||||||||||||||||||||||
Investment securities
|
$
|
1,496,322
|
$
|
1,511,178
|
$
|
988,910
|
(1.0
|
)%
|
51.3
|
%
|
$
|
1,324,689
|
$
|
825,164
|
60.5
|
%
|
||||||||||||||||
Loans
|
$
|
3,381,206
|
$
|
3,400,194
|
$
|
3,548,178
|
(0.6
|
)%
|
(4.7
|
)%
|
$
|
3,455,742
|
$
|
3,453,529
|
0.1
|
%
|
||||||||||||||||
Earning assets
|
$
|
5,133,843
|
$
|
5,184,749
|
$
|
4,821,196
|
(1.0
|
)%
|
6.5
|
%
|
$
|
5,115,961
|
$
|
4,562,172
|
12.1
|
%
|
||||||||||||||||
Interest-bearing liabilities
|
$
|
3,337,053
|
$
|
3,410,286
|
$
|
3,261,814
|
(2.1
|
)%
|
2.3
|
%
|
$
|
3,376,788
|
$
|
3,111,367
|
8.5
|
%
|
Percent Change
|
||||||||||||||||||||||||||||||||
4Q 2021 Compared to:
|
||||||||||||||||||||||||||||||||
($ in thousands)
|
4Q
2021
|
3Q
2021
|
4Q
2020
|
3Q
2021
|
4Q
2020
|
Year
2021
|
Year
2020
|
Percent Change
|
||||||||||||||||||||||||
Deposit service charges
|
$
|
7,083
|
$
|
7,066
|
$
|
6,282
|
0.2
|
%
|
12.7
|
% |
$
|
26,529
|
$
|
23,461
|
13.1
|
%
|
||||||||||||||||
Trust revenue
|
3,305
|
3,039
|
2,786
|
8.7
|
|
18.6
|
|
12,644
|
10,931
|
15.7
|
|
|||||||||||||||||||||
Gains on sales of loans
|
1,241
|
1,239
|
2,520
|
0.1
|
|
(50.8
|
)
|
6,820
|
7,226
|
(5.6
|
)
|
|||||||||||||||||||||
Loan related fees
|
1,254
|
1,050
|
1,741
|
19.4
|
|
(28.0
|
)
|
5,578
|
4,041
|
38.0
|
|
|||||||||||||||||||||
Bank owned life insurance revenue
|
1,036
|
655
|
567
|
58.5
|
|
82.4
|
%
|
2,844
|
2,306
|
23.3
|
|
|||||||||||||||||||||
Brokerage revenue
|
432
|
519
|
488
|
(16.8
|
)
|
(11.3
|
)
|
1,962
|
1,483
|
32.3
|
|
|||||||||||||||||||||
Other
|
626
|
820
|
865
|
(23.5
|
)
|
(27.4
|
)
|
4,086
|
5,112
|
(20.1
|
)
|
|||||||||||||||||||||
Total noninterest income
|
$
|
14,977
|
$
|
14,388
|
$
|
15,249
|
4.1
|
%
|
(1.8
|
)%
|
$
|
60,463
|
$
|
54,560
|
10.8
|
%
|
Percent Change
|
||||||||||||||||||||||||||||||||
4Q 2021 Compared to:
|
||||||||||||||||||||||||||||||||
($ in thousands)
|
4Q
2021
|
3Q
2021
|
4Q
2020
|
3Q
2021
|
4Q
2020
|
Year
2021
|
Year
2020
|
Percent Change
|
||||||||||||||||||||||||
Salaries
|
$
|
11,982
|
$
|
11,962
|
$
|
11,797
|
0.2
|
%
|
1.6
|
%
|
$
|
47,061
|
$
|
46,448
|
1.3
|
%
|
||||||||||||||||
Employee benefits
|
7,486
|
6,891
|
8,309
|
8.6
|
|
(9.9
|
)
|
27,053
|
19,979
|
35.4
|
|
|||||||||||||||||||||
Net occupancy and equipment
|
2,625
|
2,733
|
2,595
|
(3.9
|
)
|
1.2
|
|
10,854
|
10,649
|
1.9
|
|
|||||||||||||||||||||
Data processing
|
2,099
|
1,911
|
2,152
|
9.8
|
|
(2.5
|
)
|
8,039
|
7,941
|
1.2
|
|
|||||||||||||||||||||
Legal and professional fees
|
868
|
685
|
669
|
26.8
|
|
29.8
|
|
3,199
|
3,725
|
(14.1
|
)
|
|||||||||||||||||||||
Advertising and marketing
|
676
|
820
|
981
|
(17.5
|
)
|
(31.0
|
)
|
2,928
|
2,980
|
(1.8
|
)
|
|||||||||||||||||||||
Net other real estate owned expense
|
299
|
296
|
680
|
1.2
|
|
(56.0
|
)
|
1,401
|
2,655
|
(47.2
|
)
|
|||||||||||||||||||||
Other
|
5,114
|
5,030
|
6,453
|
1.6
|
|
(20.8
|
)
|
18,750
|
24,862
|
(24.6
|
)
|
|||||||||||||||||||||
Total noninterest expense
|
$
|
31,149
|
$
|
30,328
|
$
|
33,636
|
2.7
|
%
|
(7.4
|
)%
|
$
|
119,285
|
$
|
119,239
|
0.0
|
%
|
Total Loans
|
||||||||||||||||||||
Percent Change
|
||||||||||||||||||||
4Q 2021 Compared to:
|
||||||||||||||||||||
($ in thousands)
|
4Q
2021
|
3Q
2021
|
4Q
2020
|
3Q
2021
|
4Q
2020
|
|||||||||||||||
Commercial nonresidential real estate
|
$
|
757,893
|
$
|
732,442
|
$
|
743,238
|
3.5
|
%
|
2.0
|
%
|
||||||||||
Commercial residential real estate
|
335,233
|
330,660
|
287,928
|
1.4
|
|
16.4
|
|
|||||||||||||
SBA guaranteed PPP loans
|
47,335
|
99,116
|
252,667
|
(52.2
|
)
|
(81.3
|
)
|
|||||||||||||
Other commercial
|
616,992
|
600,583
|
609,694
|
2.7
|
|
1.2
|
|
|||||||||||||
Total commercial
|
1,757,453
|
1,762,801
|
1,893,527
|
(0.3
|
)
|
(7.2
|
)
|
|||||||||||||
Residential mortgage
|
767,185
|
763,005
|
784,559
|
0.5
|
|
(2.2
|
)
|
|||||||||||||
Home equity loans/lines
|
106,667
|
105,007
|
103,770
|
1.6
|
|
2.8
|
|
|||||||||||||
Total residential
|
873,852
|
868,012
|
888,329
|
0.7
|
|
(1.6
|
)
|
|||||||||||||
Consumer indirect
|
620,825
|
612,394
|
620,051
|
1.4
|
|
0.1
|
|
|||||||||||||
Consumer direct
|
156,683
|
155,022
|
152,304
|
1.1
|
|
2.9
|
|
|||||||||||||
Total consumer
|
777,508
|
767,416
|
772,355
|
1.3
|
|
0.7
|
|
|||||||||||||
Total loans
|
$
|
3,408,813
|
$
|
3,398,229
|
$
|
3,554,211
|
0.3
|
%
|
(4.1
|
)%
|
Total Deposits and Repurchase Agreements
|
||||||||||||||||||||
Percent Change
|
||||||||||||||||||||
4Q 2021 Compared to:
|
||||||||||||||||||||
($ in thousands)
|
4Q
2021
|
3Q
2021
|
4Q
2020
|
3Q
2021
|
4Q
2020
|
|||||||||||||||
Non-interest bearing deposits
|
$
|
1,331,103
|
$
|
1,318,158
|
$
|
1,140,925
|
1.0
|
%
|
16.7
|
%
|
||||||||||
Interest bearing deposits
|
||||||||||||||||||||
Interest checking
|
97,064
|
90,657
|
78,308
|
7.1
|
|
24.0
|
|
|||||||||||||
Money market savings
|
1,206,401
|
1,210,551
|
1,228,742
|
(0.3
|
)
|
(1.8
|
)
|
|||||||||||||
Savings accounts
|
632,645
|
616,561
|
527,436
|
2.6
|
|
19.9
|
|
|||||||||||||
Time deposits
|
1,077,079
|
1,060,309
|
1,040,671
|
1.6
|
|
3.5
|
|
|||||||||||||
Repurchase agreements
|
271,088
|
292,022
|
355,862
|
(7.2
|
)
|
(23.8
|
)
|
|||||||||||||
Total interest bearing deposits and repurchase agreements
|
3,284,277
|
3,270,100
|
3,231,019
|
0.4
|
|
1.6
|
|
|||||||||||||
Total deposits and repurchase agreements
|
$
|
4,615,380
|
$
|
4,588,258
|
$
|
4,371,944
|
0.6
|
%
|
5.6
|
%
|
Community Trust Bancorp, Inc.
|
||||||||||||||||||||
Financial Summary (Unaudited)
|
||||||||||||||||||||
December 31, 2021 | ||||||||||||||||||||
(in thousands except per share data and # of employees)
|
||||||||||||||||||||
Three
|
Three
|
Three
|
Twelve
|
Twelve
|
||||||||||||||||
Months
|
Months
|
Months
|
Months
|
Months
|
||||||||||||||||
Ended
|
Ended
|
Ended
|
Ended
|
Ended
|
||||||||||||||||
December 31, 2021
|
September 30, 2021
|
December 31, 2020
|
December 31, 2021
|
December 31, 2020
|
||||||||||||||||
Interest income
|
$
|
44,357
|
$
|
45,726
|
$
|
43,148
|
$
|
178,169
|
$
|
176,441
|
||||||||||
Interest expense
|
3,541
|
3,712
|
4,543
|
15,090
|
25,450
|
|||||||||||||||
Net interest income
|
40,816
|
42,014
|
38,605
|
163,079
|
150,991
|
|||||||||||||||
Loan loss provision
|
533
|
(163
|
)
|
956
|
(6,386
|
)
|
16,047
|
|||||||||||||
Gains on sales of loans
|
1,241
|
1,239
|
2,520
|
6,820
|
7,226
|
|||||||||||||||
Deposit service charges
|
7,083
|
7,066
|
6,282
|
26,529
|
23,461
|
|||||||||||||||
Trust revenue
|
3,305
|
3,039
|
2,786
|
12,644
|
10,931
|
|||||||||||||||
Loan related fees
|
1,254
|
1,050
|
1,741
|
5,578
|
4,041
|
|||||||||||||||
Securities gains (losses)
|
(208
|
)
|
(62
|
)
|
441
|
(158
|
)
|
1,769
|
||||||||||||
Other noninterest income
|
2,302
|
2,056
|
1,479
|
9,050
|
7,132
|
|||||||||||||||
Total noninterest income
|
14,977
|
14,388
|
15,249
|
60,463
|
54,560
|
|||||||||||||||
Personnel expense
|
19,468
|
18,853
|
20,106
|
74,114
|
66,427
|
|||||||||||||||
Occupancy and equipment
|
2,625
|
2,733
|
2,595
|
10,854
|
10,649
|
|||||||||||||||
Data processing expense
|
2,099
|
1,911
|
2,152
|
8,039
|
7,941
|
|||||||||||||||
FDIC insurance premiums
|
339
|
393
|
320
|
1,381
|
1,056
|
|||||||||||||||
Other noninterest expense
|
6,618
|
6,438
|
8,463
|
24,897
|
33,166
|
|||||||||||||||
Total noninterest expense
|
31,149
|
30,328
|
33,636
|
119,285
|
119,239
|
|||||||||||||||
Net income before taxes
|
24,111
|
26,237
|
19,262
|
110,643
|
70,265
|
|||||||||||||||
Income taxes
|
4,863
|
5,095
|
3,436
|
22,704
|
10,761
|
|||||||||||||||
Net income
|
$
|
19,248
|
$
|
21,142
|
$
|
15,826
|
$
|
87,939
|
$
|
59,504
|
||||||||||
Memo: TEQ interest income
|
$
|
44,581
|
$
|
45,952
|
$
|
43,336
|
$
|
179,066
|
$
|
177,168
|
||||||||||
Average shares outstanding
|
17,796
|
17,790
|
17,755
|
17,786
|
17,748
|
|||||||||||||||
Diluted average shares outstanding
|
17,820
|
17,808
|
17,769
|
17,804
|
17,756
|
|||||||||||||||
Basic earnings per share
|
$
|
1.08
|
$
|
1.19
|
$
|
0.89
|
$
|
4.94
|
$
|
3.35
|
||||||||||
Diluted earnings per share
|
$
|
1.08
|
$
|
1.19
|
$
|
0.89
|
$
|
4.94
|
$
|
3.35
|
||||||||||
Dividends per share
|
$
|
0.400
|
$
|
0.400
|
$
|
0.385
|
$
|
1.570
|
$
|
1.530
|
||||||||||
Average balances:
|
||||||||||||||||||||
Loans
|
$
|
3,381,206
|
$
|
3,400,194
|
$
|
3,548,178
|
$
|
3,455,742
|
$
|
3,453,529
|
||||||||||
Earning assets
|
5,133,843
|
5,184,749
|
4,821,196
|
5,115,961
|
4,562,172
|
|||||||||||||||
Total assets
|
5,418,854
|
5,457,558
|
5,092,100
|
5,387,241
|
4,838,160
|
|||||||||||||||
Deposits, including repurchase agreements
|
4,612,010
|
4,650,885
|
4,310,970
|
4,592,415
|
4,079,810
|
|||||||||||||||
Interest bearing liabilities
|
3,337,053
|
3,410,286
|
3,261,814
|
3,376,788
|
3,111,367
|
|||||||||||||||
Shareholders' equity
|
697,727
|
695,490
|
652,827
|
682,697
|
635,978
|
|||||||||||||||
Performance ratios:
|
||||||||||||||||||||
Return on average assets
|
1.41
|
%
|
1.54
|
%
|
1.24
|
%
|
1.63
|
%
|
1.23
|
%
|
||||||||||
Return on average equity
|
10.94
|
%
|
12.06
|
%
|
9.64
|
%
|
12.88
|
%
|
9.36
|
%
|
||||||||||
Yield on average earning assets (tax equivalent)
|
3.45
|
%
|
3.52
|
%
|
3.58
|
%
|
3.50
|
%
|
3.88
|
%
|
||||||||||
Cost of interest bearing funds (tax equivalent)
|
0.42
|
%
|
0.43
|
%
|
0.55
|
%
|
0.45
|
%
|
0.82
|
%
|
||||||||||
Net interest margin (tax equivalent)
|
3.17
|
%
|
3.23
|
%
|
3.20
|
%
|
3.21
|
%
|
3.33
|
%
|
||||||||||
Efficiency ratio (tax equivalent)
|
55.40
|
%
|
53.50
|
%
|
62.75
|
%
|
53.11
|
%
|
58.30
|
%
|
||||||||||
Loan charge-offs
|
$
|
865
|
$
|
1,042
|
$
|
1,961
|
$
|
4,325
|
$
|
10,453
|
||||||||||
Recoveries
|
(873
|
)
|
(725
|
)
|
(1,041
|
)
|
(4,445
|
)
|
(4,292
|
)
|
||||||||||
Net charge-offs
|
$
|
(8
|
)
|
$
|
317
|
$
|
920
|
$
|
(120
|
)
|
$
|
6,161
|
||||||||
Market Price:
|
||||||||||||||||||||
High
|
$
|
46.21
|
$
|
42.95
|
$
|
38.50
|
$
|
47.53
|
$
|
46.87
|
||||||||||
Low
|
$
|
41.05
|
$
|
38.20
|
$
|
27.74
|
$
|
36.02
|
$
|
26.45
|
||||||||||
Close
|
$
|
43.61
|
$
|
42.10
|
$
|
37.05
|
$
|
43.61
|
$
|
37.05
|
Community Trust Bancorp, Inc.
|
Financial Summary (Unaudited)
|
December 31, 2021 |
(in thousands except per share data and # of employees)
|
As of
|
As of
|
As of
|
||||||||||
December 31, 2021
|
September 30, 2021
|
December 31, 2020
|
||||||||||
Assets:
|
||||||||||||
Loans
|
$
|
3,408,813
|
$
|
3,398,229
|
$
|
3,554,211
|
||||||
Loan loss reserve
|
(41,756
|
)
|
(41,215
|
)
|
(48,022
|
)
|
||||||
Net loans
|
3,367,057
|
3,357,014
|
3,506,189
|
|||||||||
Loans held for sale
|
2,632
|
12,056
|
23,259
|
|||||||||
Securities AFS
|
1,455,429
|
1,525,738
|
997,261
|
|||||||||
Equity securities at fair value
|
2,253
|
2,461
|
2,471
|
|||||||||
Other equity investments
|
13,026
|
13,026
|
14,935
|
|||||||||
Other earning assets
|
267,286
|
143,789
|
286,074
|
|||||||||
Cash and due from banks
|
46,558
|
66,075
|
54,250
|
|||||||||
Premises and equipment
|
40,479
|
40,145
|
42,001
|
|||||||||
Right of use asset
|
12,148
|
12,399
|
13,215
|
|||||||||
Goodwill and core deposit intangible
|
65,490
|
65,490
|
65,490
|
|||||||||
Other assets
|
145,899
|
147,392
|
133,996
|
|||||||||
Total Assets
|
$
|
5,418,257
|
$
|
5,385,585
|
$
|
5,139,141
|
||||||
Liabilities and Equity:
|
||||||||||||
Interest bearing checking
|
$
|
97,064
|
$
|
90,657
|
$
|
78,308
|
||||||
Savings deposits
|
1,839,046
|
1,827,112
|
1,756,178
|
|||||||||
CD's >=$100,000
|
589,853
|
565,869
|
545,613
|
|||||||||
Other time deposits
|
487,226
|
494,440
|
495,058
|
|||||||||
Total interest bearing deposits
|
3,013,189
|
2,978,078
|
2,875,157
|
|||||||||
Noninterest bearing deposits
|
1,331,103
|
1,318,158
|
1,140,925
|
|||||||||
Total deposits
|
4,344,292
|
4,296,236
|
4,016,082
|
|||||||||
Repurchase agreements
|
271,088
|
292,022
|
355,862
|
|||||||||
Other interest bearing liabilities
|
58,716
|
58,721
|
58,736
|
|||||||||
Lease liability
|
13,005
|
13,229
|
13,972
|
|||||||||
Other noninterest bearing liabilities
|
32,954
|
33,734
|
39,624
|
|||||||||
Total liabilities
|
4,720,055
|
4,693,942
|
4,484,276
|
|||||||||
Shareholders' equity
|
698,202
|
691,643
|
654,865
|
|||||||||
Total Liabilities and Equity
|
$
|
5,418,257
|
$
|
5,385,585
|
$
|
5,139,141
|
||||||
Ending shares outstanding
|
17,843
|
17,837
|
17,810
|
|||||||||
30 - 89 days past due loans
|
$
|
10,874
|
$
|
8,874
|
$
|
12,465
|
||||||
90 days past due loans
|
5,954
|
6,650
|
17,133
|
|||||||||
Nonaccrual loans
|
10,671
|
12,084
|
9,444
|
|||||||||
Restructured loans (excluding 90 days past due and nonaccrual)
|
69,827
|
70,932
|
68,554
|
|||||||||
Foreclosed properties
|
3,486
|
4,314
|
7,694
|
|||||||||
Community bank leverage ratio
|
13.00
|
%
|
12.71
|
%
|
12.70
|
%
|
||||||
Tangible equity to tangible assets ratio
|
11.82
|
%
|
11.77
|
%
|
11.62
|
%
|
||||||
FTE employees
|
974
|
960
|
998
|