|
| Financial Highlights |
|
Dollars in thousands, except per share amounts
As reported for the year |
|
2000 |
|
1999 |
|
Increase
(Decrease)
Amount |
|
|
|
|
| Net income |
$ |
131,660 |
$ |
108,107 |
$ |
23,553 |
|
| Net income per common share, basic |
|
2.79 |
|
2.37 |
|
0.42 |
|
| Net income per common share, diluted |
|
2.72 |
|
2.30 |
|
0.42 |
|
| Dividends, per common share |
|
0.70 |
|
0.66 |
|
0.04 |
|
| AT YEAR END |
|
| Assets |
$ |
9,096,669 |
$ |
7,213,619 |
$ |
1,883,050 |
|
| Deposits |
|
7,408,670 |
|
5,669,409 |
|
1,739,261 |
|
| Loans |
|
6,527,145 |
|
5,490,669 |
|
1,036,476 |
|
| Securities |
|
1,547,844 |
|
1,102,092 |
|
445,752 |
|
| Shareholders' equity |
|
743,648 |
|
571,646 |
|
172,002 |
|
| Book value, per common share |
|
15.61 |
|
12.58 |
|
3.03 |
|
| AVERAGE BALANCES |
|
| Assets |
$ |
8,426,129 |
$ |
6,488,834 |
$ |
1,937,295 |
|
| Deposits |
|
6,334,846 |
|
4,809,800 |
|
1,525,046 |
|
| Loans |
|
6,236,334 |
|
4,822,254 |
|
1,414,080 |
|
| Securities |
|
1,350,971 |
|
1,050,716 |
|
300,255 |
|
| Shareholders' equity |
|
667,618 |
|
564,091 |
|
103,527 |
|
| SELECTED RATIOS |
|
| Return on average assets |
|
1.56% |
|
1.67% |
|
(0.11)% |
|
| Return on average shareholders’ equity |
|
19.72 |
|
19.16 |
|
0.56 |
|
| Tier 1 leverage ratio |
|
6.49 |
|
6.73 |
|
(0.24) |
|
| Total risk-based capital ratio |
|
10.85 |
|
11.21 |
|
(0.36) |
|
| Dividend payout ratio, per common share |
|
24.95 |
|
27.91 |
|
(2.96) |
|
| Net interest margin |
|
5.44 |
|
5.56 |
|
(0.12) |
|
| Efficiency ratio |
|
55.76 |
|
57.58 |
|
(1.82) |
|
| CASH BASIS RESULTS FOR THE YEAR(1) |
|
| Net income |
$ |
145,721 |
$ |
115,358 |
$ |
30,363 |
|
| Net income per common share, basic |
|
3.09 |
|
2.53 |
|
0.56 |
|
| Net income per common share, diluted |
|
3.01 |
|
2.46 |
|
0.55 |
|
| Return on average assets |
|
1.76% |
|
1.80% |
|
(0.04)% |
|
| Return on average shareholders' equity |
|
29.17 |
|
23.98 |
|
5.19 |
|
| Efficiency ratio |
|
52.61 |
|
55.37 |
|
(2.76) |
|
| (1) Cash basis results exclude goodwill and core deposit intangible amortization and balances. |
|
|
Equal Housing Lender | Member FDIC
