First Hawaiian, Inc. Reports First Quarter 2024 Financial Results and Declares Dividend
First Hawaiian, Inc. Reports First Quarter 2024 Financial Results and Declares Dividend
HONOLULU, April 26, 2024 (GLOBE NEWSWIRE) -- First Hawaiian, Inc. (NASDAQ:FHB), ("First Hawaiian" or the "Company") today reported financial results for its quarter ended March 31, 2024.
檀香山,2024年4月26日(GLOBE NEWSWIRE)——第一夏威夷公司(納斯達克股票代碼:FHB)(“第一夏威夷” 或 “公司”)今天公佈了截至2024年3月31日的季度財務業績。
"I'm pleased to report that we started 2024 with a solid first quarter," said Bob Harrison, Chairman, President, and CEO. "We had strong earnings, continued excellent credit quality and continued to grow our capital levels."
董事長、總裁兼首席執行官鮑勃·哈里森表示:“我很高興地向大家報告,我們在2024年開始時第一季度表現良好。”“我們的收益強勁,信貸質量持續良好,資本水平持續增長。”
On April 24, 2024, the Company's Board of Directors declared a quarterly cash dividend of $0.26 per share. The dividend will be payable on May 31, 2024, to stockholders of record at the close of business on May 20, 2024.
2024 年 4 月 24 日,公司董事會宣佈季度現金分紅爲每股 0.26 美元。股息將於2024年5月31日支付給2024年5月20日營業結束時的登記股東。
First Quarter 2024 Highlights:
2024 年第一季度亮點:
- Net income of $54.2 million, or $0.42 per diluted share
- Total loans and leases decreased $33.3 million versus prior quarter
- Total deposits decreased $663.2 million versus prior quarter
- Net interest margin increased 10 basis points to 2.91%
- Recorded a $6.3 million provision for credit losses
- $4.1 millionFDIC special assessment included in expenses
- Board of Directors declared a quarterly dividend of $0.26 per share
- 淨收益爲5,420萬美元,攤薄後每股收益0.42美元
- 貸款和租賃總額與上一季度相比減少了3,330萬美元
- 存款總額與上一季度相比減少了6.632億美元
- 淨利率增加了10個點子至2.91%
- 記錄了630萬美元的信貸損失準備金
- 支出中包含410萬美元的聯邦存款保險公司特別評估
- 董事會宣佈季度股息爲每股0.26美元
Balance Sheet
Total assets were $24.3 billion as of March 31, 2024, a decrease of $647.3 million, or 2.6%, from $24.9 billion as of December 31, 2023.
資產負債表
截至2024年3月31日,總資產爲243億美元,較截至2023年12月31日的249億美元減少了6.473億美元,下降了2.6%。
Gross loans and leases were $14.3 billion as of March 31, 2024, a decrease of $33.3 million, or 0.2%, from $14.4 billion as of December 31, 2023.
截至2024年3月31日,貸款和租賃總額爲143億美元,較截至2023年12月31日的144億美元減少了3,330萬美元,下降了0.2%。
Total deposits were $20.7 billion as of March 31, 2024, a decrease of $663.2 million, or 3.1%, from $21.3 billion as of December 31, 2023.
截至2024年3月31日,存款總額爲207億美元,較截至2023年12月31日的213億美元減少了6.632億美元,下降了3.1%。
Net Interest Income
Net interest income for the first quarter of 2024 was $154.4 million, an increase of $2.6 million, or 1.7%, compared to $151.8 million for the prior quarter.
淨利息收入
2024年第一季度的淨利息收入爲1.544億美元,與上一季度的1.518億美元相比增長了260萬美元,增長了1.7%。
The net interest margin was 2.91% in the first quarter of 2024, an increase of 10 basis points compared to 2.81% in the prior quarter.
2024年第一季度的淨利率爲2.91%,與上一季度的2.81%相比增加了10個點子。
Provision Expense
During the quarter ended March 31, 2024, we recorded a $6.3 million provision for credit losses. In the quarter ended December 31, 2023, we recorded a $5.3 million provision for credit losses.
預留費用
在截至2024年3月31日的季度中,我們記錄了630萬美元的信貸損失準備金。在截至2023年12月31日的季度中,我們記錄了530萬美元的信貸損失準備金。
Noninterest Income
Noninterest income was $51.4 million in the first quarter of 2024, a decrease of $7.0 million compared to noninterest income of $58.3 million in the prior quarter.
非利息收入
2024年第一季度的非利息收入爲5,140萬美元,與上一季度的5,830萬美元非利息收入相比減少了700萬美元。
Noninterest Expense
Noninterest expense was $128.8 million in the first quarter of 2024, a decrease of $13.5 million compared to noninterest expense of $142.3 million in the prior quarter.
非利息支出
2024年第一季度的非利息支出爲1.288億美元,與上一季度的1.423億美元的非利息支出相比減少了1,350萬美元。
The efficiency ratio was 62.2% and 67.3% for the quarters ended March 31, 2024 and December 31, 2023, respectively.
截至2024年3月31日和2023年12月31日的季度,效率比率分別爲62.2%和67.3%。
Taxes
The effective tax rate was 23.3% and 24.0% for the quarters ended March 31, 2024 and December 31, 2023, respectively.
稅收
截至2024年3月31日和2023年12月31日的季度,有效稅率分別爲23.3%和24.0%。
Asset Quality
The allowance for credit losses was $159.8 million, or 1.12% of total loans and leases, as of March 31, 2024, compared to $156.5 million, or 1.09% of total loans and leases, as of December 31, 2023. The reserve for unfunded commitments was $34.8 million as of March 31, 2024 compared to $35.6 million as of December 31, 2023. Net charge-offs were $3.8 million, or 0.11% of average loans and leases on an annualized basis, for the quarter ended March 31, 2024, compared to net charge-offs of $5.8 million, or 0.16% of average loans and leases on an annualized basis, for the quarter ended December 31, 2023. Total non-performing assets were $18.0 million, or 0.13% of total loans and leases and other real estate owned, on March 31, 2024, compared to total non-performing assets of $18.6 million, or 0.13% of total loans and leases and other real estate owned, on December 31, 2023.
資產質量
截至2024年3月31日,信貸損失備抵額爲1.598億美元,佔貸款和租賃總額的1.12%,而截至2023年12月31日,信貸損失備抵額爲1.565億美元,佔貸款和租賃總額的1.09%。截至2024年3月31日,無準備金承諾的準備金爲3,480萬美元,而截至2023年12月31日爲3560萬美元。截至2024年3月31日的季度,淨扣除額爲380萬美元,佔平均年化貸款和租賃的0.11%,而截至2023年12月31日的季度淨扣除額爲580萬美元,佔平均年化貸款和租賃的0.16%。截至2024年3月31日,不良資產總額爲1,800萬美元,佔貸款和租賃以及擁有的其他房地產總額的0.13%,而截至2023年12月31日,不良資產總額爲1,860萬美元,佔貸款和租賃以及擁有的其他房地產總額的0.13%。
Capital
Total stockholders' equity increased $27.7 million in the first quarter, and stood at $2.5 billion on March 31, 2024 and December 31, 2023.
資本
第一季度股東權益總額增加了2770萬美元,2024年3月31日和2023年12月31日爲25億美元。
The tier 1 leverage, common equity tier 1 and total capital ratios were 8.80%, 12.55% and 13.75%, respectively, on March 31, 2024, compared with 8.64%, 12.39% and 13.57%, respectively, on December 31, 2023.
截至2024年3月31日,一級槓桿、普通股一級和總資本比率分別爲8.80%、12.55%和13.75%,而2023年12月31日分別爲8.64%、12.39%和13.57%。
The Company did not repurchase any shares in the first quarter.
該公司在第一季度沒有回購任何股票。
First Hawaiian, Inc.
First Hawaiian, Inc. (NASDAQ:FHB) is a bank holding company headquartered in Honolulu, Hawaii. Its principal subsidiary, First Hawaiian Bank, founded in 1858 under the name Bishop & Company, is Hawaii's oldest and largest financial institution with branch locations throughout Hawaii, Guam and Saipan. The company offers a comprehensive suite of banking services to consumer and commercial customers including deposit products, loans, wealth management, insurance, trust, retirement planning, credit card and merchant processing services. Customers may also access their accounts through ATMs, online and mobile banking channels. For more information about First Hawaiian, Inc., visit the Company's website, www.fhb.com.
第一夏威夷公司
第一夏威夷公司(納斯達克股票代碼:FHB)是一家銀行控股公司,總部位於夏威夷檀香山。其主要子公司夏威夷第一銀行成立於1858年,名爲Bishop & Company,是夏威夷歷史最悠久、規模最大的金融機構,分行遍佈夏威夷、關島和塞班島。該公司爲消費者和商業客戶提供全面的銀行服務,包括存款產品、貸款、财富管理、保險、信託、退休計劃、信用卡和商戶處理服務。客戶還可以通過自動櫃員機、在線和手機銀行渠道訪問其賬戶。有關 First Hawaiian, Inc. 的更多信息,請訪問該公司的網站, www.fhb.com。
Conference Call Information
電話會議信息
First Hawaiian will host a conference call to discuss the Company's results today at 1:00 p.m. Eastern Time, 7:00 a.m. Hawaii Time.
First Hawaiian將於美國東部時間今天下午 1:00,夏威夷時間上午 7:00 主持電話會議,討論公司的業績。
To access the call by phone, please register via the following link: https://register.vevent.com/register/BIb74728f7f2a14341b3028eb985e2ddf0, and you will be provided with dial in details. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time.
要通過電話接聽電話,請通過以下鏈接註冊: https://register.vevent.com/register/BIb74728f7f2a14341b3028eb985e2ddf0,並將向您提供詳細的撥號信息。爲避免延遲,我們鼓勵參與者在預定開始時間前十五分鐘撥入電話會議。
A live webcast of the conference call, including a slide presentation, will be available at the following link: www.fhb.com/earnings. The archive of the webcast will be available at the same location.
電話會議的網絡直播,包括幻燈片演示,將通過以下鏈接提供: www.fhb.com/收益。網絡直播的檔案將在同一地點提供。
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect our current views with respect to, among other things, future events and our financial performance. These statements are often, but not always, made through the use of words or phrases such as "may", "might", "should", "could", "predict", "potential", "believe", "expect", "continue", "will", "anticipate", "seek", "estimate", "intend", "plan", "projection", "would", "annualized" and "outlook", or the negative version of those words or other comparable words or phrases of a future or forward-looking nature. These forward-looking statements are not historical facts, and are based on current expectations, estimates and projections about our industry, management's beliefs and certain assumptions made by management, many of which, by their nature, are inherently uncertain and beyond our control. Accordingly, we caution you that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions, estimates and uncertainties that are difficult to predict. Although we believe that the expectations reflected in these forward-looking statements are reasonable as of the date made, there can be no assurance that actual results will not prove to be materially different from the results expressed or implied by the forward-looking statements. A number of important factors could cause actual results or performance to differ materially from the forward-looking statements, including (without limitation) the risks and uncertainties associated with the domestic and global economic environment and capital market conditions and other risk factors. For a discussion of some of these risks and important factors that could affect our future results and financial condition, see our U.S. Securities and Exchange Commission ("SEC") filings, including, but not limited to, our Annual Report on Form 10-K for the year ended December 31, 2023.
前瞻性陳述
本新聞稿包含1995年《私人證券訴訟改革法》所指的前瞻性陳述。這些前瞻性陳述反映了我們目前對未來事件和財務業績等的看法。這些陳述通常是通過使用諸如 “可能”、“可能”、“應該”、“可能”、“預測”、“潛在”、“相信”、“期望”、“繼續”、“將”、“預期”、“尋求”、“估計”、“打算”、“計劃”、“預測”、“將”、“按年計算” 和 “展望” 等詞語或短語做出的,或者這些詞語的否定版本或其他具有未來或前瞻性質的類似詞語或短語。這些前瞻性陳述不是歷史事實,而是基於當前對我們行業的預期、估計和預測、管理層的信念和管理層做出的某些假設,其中許多假設本質上是不確定的,是我們無法控制的。因此,我們提醒您,任何此類前瞻性陳述都不能保證未來的表現,並且受難以預測的風險、假設、估計和不確定性的影響。儘管我們認爲截至發佈之日,這些前瞻性陳述中反映的預期是合理的,但無法保證實際業績不會與前瞻性陳述所表達或暗示的結果存在重大差異。許多重要因素可能導致實際業績或業績與前瞻性陳述存在重大差異,包括(但不限於)與國內和全球經濟環境、資本市場狀況以及其他風險因素相關的風險和不確定性。有關其中一些風險和可能影響我們未來業績和財務狀況的重要因素的討論,請參閱我們的美國證券交易委員會(“SEC”)文件,包括但不限於我們截至2023年12月31日的10-K表年度報告。
Use of Non-GAAP Financial Measures
Return on average tangible assets, return on average tangible stockholders' equity, tangible book value per share and tangible stockholders' equity to tangible assets are non-GAAP financial measures. We believe that these measurements are useful for investors, regulators, management and others to evaluate financial performance and capital adequacy relative to other financial institutions. Although these non-GAAP financial measures are frequently used by stakeholders in the evaluation of a company, they have limitations as analytical tools and should not be considered in isolation or as a substitute for analysis of our results or financial condition as reported under GAAP. Investors should consider our performance and capital adequacy as reported under GAAP and all other relevant information when assessing our performance and capital adequacy.
使用非公認會計准則財務指標
平均有形資產回報率、平均有形股東權益回報率、每股有形賬面價值和有形股東權益佔有形資產的權益是非公認會計准則財務指標。我們認爲,這些衡量標準有助於投資者、監管機構、管理層和其他人評估相對於其他金融機構的財務業績和資本充足率。儘管利益相關者經常使用這些非公認會計准則財務指標來評估公司,但它們作爲分析工具存在侷限性,不應孤立地考慮,也不能替代根據公認會計原則對我們的業績或財務狀況的分析。投資者在評估我們的業績和資本充足率時,應考慮根據公認會計原則報告的業績和資本充足率以及所有其他相關信息。
Table 12 at the end of this document provides a reconciliation of these non-GAAP financial measures with their most directly comparable GAAP measures.
本文件末尾的表12提供了這些非公認會計准則財務指標與其最直接可比的GAAP指標的對賬。
Investor Relations Contact: Kevin Haseyama, CFA (808) 525-6268 khaseyama@fhb.com |
Media Contact: Lindsay Chambers (808) 525-6254 lchambers@fhb.com |
投資者關係聯繫人: Kevin Haseyama,特許金融分析師 (808) 525-6268 khaseyama@fhb.com | 媒體聯繫人: 林賽·錢伯斯 (808) 525-6254 lchambers@fhb.com |
Financial Highlights | Table 1 | |||||||||
For the Three Months Ended | ||||||||||
March 31, | December 31, | March 31, | ||||||||
(dollars in thousands, except per share data) | 2024 | 2023 | 2023 | |||||||
Operating Results: | ||||||||||
Net interest income | $ | 154,427 | $ | 151,793 | $ | 167,247 | ||||
Provision for credit losses | 6,300 | 5,330 | 8,800 | |||||||
Noninterest income | 51,371 | 58,347 | 49,023 | |||||||
Noninterest expense | 128,813 | 142,307 | 118,567 | |||||||
Net income | 54,220 | 47,502 | 66,818 | |||||||
Basic earnings per share | 0.42 | 0.37 | 0.52 | |||||||
Diluted earnings per share | 0.42 | 0.37 | 0.52 | |||||||
Dividends declared per share | 0.26 | 0.26 | 0.26 | |||||||
Dividend payout ratio | 61.90% | 70.27% | 50.00% | |||||||
Performance Ratios(1): | ||||||||||
Net interest margin | 2.91% | 2.81% | 3.11% | |||||||
Efficiency ratio | 62.15% | 67.28% | 54.46% | |||||||
Return on average total assets | 0.90% | 0.77% | 1.10% | |||||||
Return on average tangible assets (non-GAAP)(2) | 0.94% | 0.81% | 1.15% | |||||||
Return on average total stockholders' equity | 8.73% | 7.94% | 11.78% | |||||||
Return on average tangible stockholders' equity (non-GAAP)(2) | 14.53% | 13.66% | 20.78% | |||||||
Average Balances: | ||||||||||
Average loans and leases | $ | 14,312,563 | $ | 14,349,322 | $ | 14,079,337 | ||||
Average earning assets | 21,481,890 | 21,688,816 | 21,873,259 | |||||||
Average assets | 24,187,207 | 24,404,727 | 24,548,124 | |||||||
Average deposits | 20,571,930 | 20,908,221 | 21,468,624 | |||||||
Average stockholders' equity | 2,496,840 | 2,374,669 | 2,299,422 | |||||||
Market Value Per Share: | ||||||||||
Closing | 21.96 | 22.86 | 20.63 | |||||||
High | 23.12 | 23.22 | 28.28 | |||||||
Low | 20.37 | 17.18 | 19.68 |
財務要聞 | 表 1 | |||||||||
在已結束的三個月中 | ||||||||||
3月31日 | 十二月 31, | 3月31日 | ||||||||
(千美元,每股數據除外) | 2024 | 2023 | 2023 | |||||||
經營業績: | ||||||||||
淨利息收入 | $ | 154,427 | $ | 151,793 | $ | 167,247 | ||||
信貸損失準備金 | 6,300 | 5,330 | 8,800 | |||||||
非利息收入 | 51,371 | 58,347 | 49,023 | |||||||
非利息支出 | 128,813 | 142,307 | 118,567 | |||||||
淨收入 | 54,220 | 47,502 | 66,818 | |||||||
每股基本收益 | 0.42 | 0.37 | 0.52 | |||||||
攤薄後的每股收益 | 0.42 | 0.37 | 0.52 | |||||||
每股申報的股息 | 0.26 | 0.26 | 0.26 | |||||||
股息支付率 | 61.90% | 70.27% | 50.00% | |||||||
性能比率(1): | ||||||||||
淨利率 | 2.91% | 2.81% | 3.11% | |||||||
效率比 | 62.15% | 67.28% | 54.46% | |||||||
平均總資產回報率 | 0.90% | 0.77% | 1.10% | |||||||
平均有形資產回報率(非公認會計准則)(2) | 0.94% | 0.81% | 1.15% | |||||||
股東權益總額的平均回報率 | 8.73% | 7.94% | 11.78% | |||||||
平均有形股東權益回報率(非公認會計准則)(2) | 14.53% | 13.66% | 20.78% | |||||||
平均餘額: | ||||||||||
平均貸款和租賃 | $ | 14,312,563 | $ | 14,349,322 | $ | 14,079,337 | ||||
平均收入資產 | 21,481,890 | 21,688,816 | 21,873,259 | |||||||
平均資產 | 24,187,207 | 24,404,727 | 24,548,124 | |||||||
平均存款 | 20,571,930 | 20,908,221 | 21,468,624 | |||||||
平均股東權益 | 2,496,840 | 2,374,669 | 2,299,422 | |||||||
每股市值: | ||||||||||
關閉 | 21.96 | 22.86 | 20.63 | |||||||
高 | 23.12 | 23.22 | 28.28 | |||||||
低 | 20.37 | 17.18 | 19.68 |
As of | As of | As of | ||||||||
March 31, | December 31, | March 31, | ||||||||
(dollars in thousands, except per share data) | 2024 | 2023 | 2023 | |||||||
Balance Sheet Data: | ||||||||||
Loans and leases | $ | 14,320,208 | $ | 14,353,497 | $ | 14,221,272 | ||||
Total assets | 24,279,186 | 24,926,474 | 24,884,207 | |||||||
Total deposits | 20,669,481 | 21,332,657 | 21,281,500 | |||||||
Short-term borrowings | 500,000 | 500,000 | 250,000 | |||||||
Long-term borrowings | — | — | 500,000 | |||||||
Total stockholders' equity | 2,513,761 | 2,486,066 | 2,329,012 | |||||||
Per Share of Common Stock: | ||||||||||
Book value | $ | 19.66 | $ | 19.48 | $ | 18.26 | ||||
Tangible book value (non-GAAP)(2) | 11.88 | 11.68 | 10.45 | |||||||
Asset Quality Ratios: | ||||||||||
Non-accrual loans and leases / total loans and leases | 0.13% | 0.13% | 0.10% | |||||||
Allowance for credit losses for loans and leases / total loans and leases | 1.12% | 1.09% | 1.03% | |||||||
Capital Ratios: | ||||||||||
Common Equity Tier 1 Capital Ratio | 12.55% | 12.39% | 11.97% | |||||||
Tier 1 Capital Ratio | 12.55% | 12.39% | 11.97% | |||||||
Total Capital Ratio | 13.75% | 13.57% | 13.09% | |||||||
Tier 1 Leverage Ratio | 8.80% | 8.64% | 8.26% | |||||||
Total stockholders' equity to total assets | 10.35% | 9.97% | 9.36% | |||||||
Tangible stockholders' equity to tangible assets (non-GAAP)(2) | 6.52% | 6.23% | 5.58% | |||||||
Non-Financial Data: | ||||||||||
Number of branches | 50 | 50 | 51 | |||||||
Number of ATMs | 275 | 275 | 296 | |||||||
Number of Full-Time Equivalent Employees | 2,065 | 2,089 | 2,100 |
截至截至 | 截至截至 | 截至截至 | ||||||||
3月31日 | 十二月 31, | 3月31日 | ||||||||
(千美元,每股數據除外) | 2024 | 2023 | 2023 | |||||||
資產負債表數據: | ||||||||||
貸款和租賃 | $ | 14,320,208 | $ | 14,353,497 | $ | 14,221,272 | ||||
總資產 | 24,279,186 | 24,926,474 | 24,884,207 | |||||||
存款總額 | 20,669,481 | 21,332,657 | 21,281,500 | |||||||
短期借款 | 50 萬 | 50 萬 | 250,000 | |||||||
長期借款 | — | — | 50 萬 | |||||||
股東權益總額 | 2,513,761 | 2,486,066 | 2,329,012 | |||||||
普通股每股: | ||||||||||
賬面價值 | $ | 19.66 | $ | 19.48 | $ | 18.26 | ||||
有形賬面價值(非公認會計准則)(2) | 11.88 | 11.68 | 10.45 | |||||||
資產質量比率: | ||||||||||
非應計貸款和租賃/貸款和租賃總額 | 0.13% | 0.13% | 0.10% | |||||||
貸款和租賃信貸損失備抵金/貸款和租賃總額 | 1.12% | 1.09% | 1.03% | |||||||
資本比率: | ||||||||||
普通股一級資本比率 | 12.55% | 12.39% | 11.97% | |||||||
一級資本比率 | 12.55% | 12.39% | 11.97% | |||||||
總資本比率 | 13.75% | 13.57% | 13.09% | |||||||
1 級槓桿比率 | 8.80% | 8.64% | 8.26% | |||||||
股東權益總額與總資產之比 | 10.35% | 9.97% | 9.36% | |||||||
有形股東權益佔有形資產(非公認會計准則)(2) | 6.52% | 6.23% | 5.58% | |||||||
非財務數據: | ||||||||||
分支機構數量 | 50 | 50 | 51 | |||||||
自動櫃員機數量 | 275 | 275 | 296 | |||||||
全職等效員工人數 | 2,065 | 2,089 | 2,100 |
_____________________________
_____________________
(1) Except for the efficiency ratio, amounts are annualized for the three months ended March 31, 2024, December 31, 2023 and March 31, 2023.
(1) 除效率比率外,截至2024年3月31日、2023年12月31日和2023年3月31日的三個月,金額按年計算。
(2) Return on average tangible assets, return on average tangible stockholders' equity, tangible book value per share and tangible stockholders' equity to tangible assets are non-GAAP financial measures. We compute our return on average tangible assets as the ratio of net income to average tangible assets, which is calculated by subtracting (and thereby effectively excluding) amounts related to the effect of goodwill from our average total assets. We compute our return on average tangible stockholders' equity as the ratio of net income to average tangible stockholders' equity, which is calculated by subtracting (and thereby effectively excluding) amounts related to the effect of goodwill from our average total stockholders' equity. We compute our tangible book value per share as the ratio of tangible stockholders' equity to outstanding shares. Tangible stockholders' equity is calculated by subtracting (and thereby effectively excluding) amounts related to the effect of goodwill from our total stockholders' equity. We compute our tangible stockholders' equity to tangible assets as the ratio of tangible stockholders' equity to tangible assets, each of which we calculate by subtracting (and thereby effectively excluding) the value of our goodwill. For a reconciliation to the most directly comparable GAAP financial measure, see Table 12, GAAP to Non-GAAP Reconciliation.
(2) 平均有形資產回報率、平均有形股東權益回報率、每股有形賬面價值和有形股東權益佔有形資產的權益是非公認會計准則財務指標。我們將平均有形資產回報率計算爲淨收入與平均有形資產的比率,計算方法是從平均總資產中減去(從而實際上排除)與商譽影響相關的金額。我們將平均有形股東權益回報率計算爲淨收入與平均有形股東權益的比率,計算方法是從平均股東權益總額中減去(從而實際上排除)與商譽影響相關的金額。我們將每股有形賬面價值計算爲有形股東權益與已發行股票的比率。有形股東權益的計算方法是從我們的股東權益總額中減去(從而實際上排除)與商譽影響相關的金額。我們將有形股東權益與有形資產的比率計算爲有形股東權益與有形資產的比率,我們通過減去(從而實際上排除)我們的商譽價值來計算每個股東權益與有形資產的比率。有關與最直接可比的GAAP財務指標的對賬,請參見表12,GAAP與非GAAP對賬。
Consolidated Statements of Income | Table 2 | ||||||||
For the Three Months Ended | |||||||||
March 31, | December 31, | March 31, | |||||||
(dollars in thousands, except per share amounts) | 2024 | 2023 | 2023 | ||||||
Interest income | |||||||||
Loans and lease financing | $ | 199,844 | $ | 196,276 | $ | 172,339 | |||
Available-for-sale investment securities | 14,546 | 19,033 | 18,688 | ||||||
Held-to-maturity investment securities | 17,793 | 17,987 | 18,957 | ||||||
Other | 12,769 | 7,734 | 3,561 | ||||||
Total interest income | 244,952 | 241,030 | 213,545 | ||||||
Interest expense | |||||||||
Deposits | 84,143 | 82,215 | 43,284 | ||||||
Short-term and long-term borrowings | 5,953 | 6,232 | 2,563 | ||||||
Other | 429 | 790 | 451 | ||||||
Total interest expense | 90,525 | 89,237 | 46,298 | ||||||
Net interest income | 154,427 | 151,793 | 167,247 | ||||||
Provision for credit losses | 6,300 | 5,330 | 8,800 | ||||||
Net interest income after provision for credit losses | 148,127 | 146,463 | 158,447 | ||||||
Noninterest income | |||||||||
Service charges on deposit accounts | 7,546 | 7,646 | 7,231 | ||||||
Credit and debit card fees | 16,173 | 16,381 | 16,298 | ||||||
Other service charges and fees | 9,904 | 9,535 | 9,162 | ||||||
Trust and investment services income | 10,354 | 9,645 | 9,614 | ||||||
Bank-owned life insurance | 4,286 | 5,063 | 5,120 | ||||||
Investment securities gains, net | — | 792 | — | ||||||
Other | 3,108 | 9,285 | 1,598 | ||||||
Total noninterest income | 51,371 | 58,347 | 49,023 | ||||||
Noninterest expense | |||||||||
Salaries and employee benefits | 59,262 | 55,882 | 56,032 | ||||||
Contracted services and professional fees | 15,739 | 16,219 | 16,313 | ||||||
Occupancy | 6,941 | 7,561 | 7,782 | ||||||
Equipment | 13,413 | 12,547 | 9,736 | ||||||
Regulatory assessment and fees | 8,120 | 20,412 | 3,836 | ||||||
Advertising and marketing | 2,612 | 1,441 | 1,994 | ||||||
Card rewards program | 8,508 | 7,503 | 8,085 | ||||||
Other | 14,218 | 20,742 | 14,789 | ||||||
Total noninterest expense | 128,813 | 142,307 | 118,567 | ||||||
Income before provision for income taxes | 70,685 | 62,503 | 88,903 | ||||||
Provision for income taxes | 16,465 | 15,001 | 22,085 | ||||||
Net income | $ | 54,220 | $ | 47,502 | $ | 66,818 | |||
Basic earnings per share | $ | 0.42 | $ | 0.37 | $ | 0.52 | |||
Diluted earnings per share | $ | 0.42 | $ | 0.37 | $ | 0.52 | |||
Basic weighted-average outstanding shares | 127,707,354 | 127,612,734 | 127,453,820 | ||||||
Diluted weighted-average outstanding shares | 128,217,689 | 128,028,964 | 128,033,812 |
合併收益表 | 表 2 | ||||||||
在已結束的三個月中 | |||||||||
3月31日 | 十二月 31, | 3月31日 | |||||||
(千美元,每股金額除外) | 2024 | 2023 | 2023 | ||||||
利息收入 | |||||||||
貸款和租賃融資 | $ | 199,844 | $ | 196,276 | $ | 172,339 | |||
可供出售的投資證券 | 14,546 | 19,033 | 18,688 | ||||||
持有至到期投資證券 | 17,793 | 17,987 | 18,957 | ||||||
其他 | 12,769 | 7,734 | 3,561 | ||||||
利息收入總額 | 244,952 | 241,030 | 213,545 | ||||||
利息支出 | |||||||||
存款 | 84,143 | 82,215 | 43,284 | ||||||
短期和長期借款 | 5,953 | 6,232 | 2,563 | ||||||
其他 | 429 | 790 | 451 | ||||||
利息支出總額 | 90,525 | 89,237 | 46,298 | ||||||
淨利息收入 | 154,427 | 151,793 | 167,247 | ||||||
信貸損失準備金 | 6,300 | 5,330 | 8,800 | ||||||
扣除信貸損失準備金後的淨利息收入 | 148,127 | 146,463 | 158,447 | ||||||
非利息收入 | |||||||||
存款賬戶的服務費 | 7,546 | 7,646 | 7,231 | ||||||
信用卡和借記卡費用 | 16,173 | 16,381 | 16,298 | ||||||
其他服務收費和費用 | 9,904 | 9,535 | 9,162 | ||||||
信託和投資服務收入 | 10,354 | 9,645 | 9,614 | ||||||
銀行擁有的人壽保險 | 4,286 | 5,063 | 5,120 | ||||||
投資證券收益,淨額 | — | 792 | — | ||||||
其他 | 3,108 | 9,285 | 1,598 | ||||||
非利息收入總額 | 51,371 | 58,347 | 49,023 | ||||||
非利息支出 | |||||||||
工資和員工福利 | 59,262 | 55,882 | 56,032 | ||||||
合同服務和專業費用 | 15,739 | 16,219 | 16,313 | ||||||
佔用率 | 6,941 | 7,561 | 7,782 | ||||||
裝備 | 13,413 | 12,547 | 9,736 | ||||||
監管評估和費用 | 8,120 | 20,412 | 3,836 | ||||||
廣告和營銷 | 2612 | 1,441 | 1,994 | ||||||
卡獎勵計劃 | 8,508 | 7,503 | 8,085 | ||||||
其他 | 14,218 | 20,742 | 14,789 | ||||||
非利息支出總額 | 128,813 | 142,307 | 118,567 | ||||||
所得稅準備金前的收入 | 70,685 | 62,503 | 88,903 | ||||||
所得稅準備金 | 16,465 | 15,001 | 22,085 | ||||||
淨收入 | $ | 54,220 | $ | 47,502 | $ | 66,818 | |||
每股基本收益 | $ | 0.42 | $ | 0.37 | $ | 0.52 | |||
攤薄後的每股收益 | $ | 0.42 | $ | 0.37 | $ | 0.52 | |||
基本加權平均已發行股票 | 127,707,354 | 127,612,734 | 127,453,820 | ||||||
攤薄後的加權平均已發行股份 | 128,217,689 | 128,028,964 | 128,033,812 |
Consolidated Balance Sheets | Table 3 | |||||||||||
March 31, | December 31, | March 31, | ||||||||||
(dollars in thousands, except share amount) |
2024 |
2023 |
2023 | |||||||||
Assets | ||||||||||||
Cash and due from banks | $ | 202,121 | $ | 185,015 | $ | 253,705 | ||||||
Interest-bearing deposits in other banks | 1,072,145 | 1,554,882 | 611,887 | |||||||||
Investment securities: | ||||||||||||
Available-for-sale, at fair value (amortized cost: $2,466,109 as of March 31, 2024, $2,558,675 as of December 31, 2023 and $3,427,708 as of March 31, 2023) | 2,159,338 | 2,255,336 | 3,054,280 | |||||||||
Held-to-maturity, at amortized cost (fair value: $3,470,710 as of March 31, 2024, $3,574,856 as of December 31, 2023 and $3,824,478 as of March 31, 2023) | 3,988,011 | 4,041,449 | 4,261,361 | |||||||||
Loans held for sale | — | 190 | — | |||||||||
Loans and leases | 14,320,208 | 14,353,497 | 14,221,272 | |||||||||
Less: allowance for credit losses | 159,836 | 156,533 | 147,122 | |||||||||
Net loans and leases | 14,160,372 | 14,196,964 | 14,074,150 | |||||||||
Premises and equipment, net | 281,181 | 281,461 | 278,121 | |||||||||
Other real estate owned and repossessed personal property | — | — | 91 | |||||||||
Accrued interest receivable | 85,715 | 84,417 | 79,200 | |||||||||
Bank-owned life insurance | 484,193 | 479,907 | 473,255 | |||||||||
Goodwill | 995,492 | 995,492 | 995,492 | |||||||||
Mortgage servicing rights | 5,533 | 5,699 | 6,299 | |||||||||
Other assets | 845,085 | 845,662 | 796,366 | |||||||||
Total assets | $ | 24,279,186 | $ | 24,926,474 | $ | 24,884,207 | ||||||
Liabilities and Stockholders' Equity | ||||||||||||
Deposits: | ||||||||||||
Interest-bearing | $ | 13,620,928 | $ | 13,749,095 | $ | 12,579,155 | ||||||
Noninterest-bearing | 7,048,553 | 7,583,562 | 8,702,345 | |||||||||
Total deposits | 20,669,481 | 21,332,657 | 21,281,500 | |||||||||
Short-term borrowings | 500,000 | 500,000 | 250,000 | |||||||||
Long-term borrowings | — | — | 500,000 | |||||||||
Retirement benefits payable | 102,242 | 103,285 | 101,622 | |||||||||
Other liabilities | 493,702 | 504,466 | 422,073 | |||||||||
Total liabilities | 21,765,425 | 22,440,408 | 22,555,195 | |||||||||
Stockholders' equity | ||||||||||||
Common stock ($0.01 par value; authorized 300,000,000 shares; issued/outstanding: 141,687,612 / 127,841,908 shares as of March 31, 2024, issued/outstanding: 141,340,539 / 127,618,761 shares as of December 31, 2023 and issued/outstanding: 141,291,086 / 127,573,680 shares as of March 31, 2023) | 1,417 | 1,413 | 1,413 | |||||||||
Additional paid-in capital | 2,551,488 | 2,548,250 | 2,540,653 | |||||||||
Retained earnings | 858,494 | 837,859 | 769,791 | |||||||||
Accumulated other comprehensive loss, net | (523,780) | (530,210) | (611,679) | |||||||||
Treasury stock (13,845,704 shares as of March 31, 2024, 13,721,778 shares as of December 31, 2023 and 13,717,406 shares as of March 31, 2023) | (373,858) | (371,246) | (371,166) | |||||||||
Total stockholders' equity | 2,513,761 | 2,486,066 | 2,329,012 | |||||||||
Total liabilities and stockholders' equity | $ | 24,279,186 | $ | 24,926,474 | $ | 24,884,207 |
合併資產負債表 | 表 3 | |||||||||||
3月31日 | 十二月 31, | 3月31日 | ||||||||||
(以千美元計,股份金額除外) | 2024 | 2023 | 2023 | |||||||||
資產 | ||||||||||||
現金和銀行應付款 | $ | 202,121 | $ | 185,015 | $ | 253,705 | ||||||
其他銀行的計息存款 | 1,072,145 | 1,554,882 | 611,887 | |||||||||
投資證券: | ||||||||||||
可供出售,按公允價值計算(截至2024年3月31日的攤銷成本:2,466,109美元,截至2023年12月31日的2,558,675美元,截至2023年3月31日的3,427,708美元) | 2,159,338 | 2,255,336 | 3,054,280 | |||||||||
按攤銷成本計算的持有至到期日(公允價值:截至2024年3月31日的3,470,710美元,截至2023年12月31日的3,574,856美元,截至2023年3月31日的3,824,478美元) | 3,988,011 | 4,041,449 | 4,261,361 | |||||||||
持有待售貸款 | — | 190 | — | |||||||||
貸款和租賃 | 14,320,208 | 14,353,497 | 14,221,272 | |||||||||
減去:信用損失備抵金 | 159,836 | 156,533 | 147,122 | |||||||||
淨貸款和租賃 | 14,160,372 | 14,196,964 | 14,074,150 | |||||||||
房舍和設備,淨額 | 281,181 | 281,461 | 278,121 | |||||||||
擁有和收回的其他房地產的個人財產 | — | — | 91 | |||||||||
應計應收利息 | 85,715 | 84,417 | 79,200 | |||||||||
銀行擁有的人壽保險 | 484,193 | 479,907 | 473,255 | |||||||||
善意 | 995,492 | 995,492 | 995,492 | |||||||||
抵押貸款服務權 | 5,533 | 5,699 | 6,299 | |||||||||
其他資產 | 845,085 | 845,662 | 796,366 | |||||||||
總資產 | $ | 24,279,186 | $ | 24,926,474 | $ | 24,884,207 | ||||||
負債和股東權益 | ||||||||||||
存款: | ||||||||||||
計息 | $ | 13,620,928 | $ | 13,749,095 | $ | 12,579,155 | ||||||
不計息 | 7,048,553 | 7,583,562 | 8,702,345 | |||||||||
存款總額 | 20,669,481 | 21,332,657 | 21,281,500 | |||||||||
短期借款 | 50 萬 | 50 萬 | 250,000 | |||||||||
長期借款 | — | — | 50 萬 | |||||||||
應付退休金 | 102,242 | 103,285 | 101,622 | |||||||||
其他負債 | 493,702 | 504,466 | 422,073 | |||||||||
負債總額 | 21,765,425 | 22,440,408 | 22,555,195 | |||||||||
股東權益 | ||||||||||||
普通股(面值0.01美元;授權3億股;已發行/流通:截至2024年3月31日的141,687,612股/127,841,908股,已發行/流通:截至2023年12月31日的141,340,539股/127,618,761股,截至2023年3月31日已發行/流通:141,291,086/127,573,680股) | 1,417 | 1,413 | 1,413 | |||||||||
額外的實收資本 | 2,551,488 | 2,548,250 | 2,540,653 | |||||||||
留存收益 | 858,494 | 837,859 | 769,791 | |||||||||
累計其他綜合虧損,淨額 | (523,780) | (530,210) | (611,679) | |||||||||
庫存股(截至2024年3月31日爲13,845,704股,截至2023年12月31日爲13,721,778股,截至2023年3月31日爲13,717,406股) | (373,858) | (371,246) | (371,166) | |||||||||
股東權益總額 | 2,513,761 | 2,486,066 | 2,329,012 | |||||||||
負債和股東權益總額 | $ | 24,279,186 | $ | 24,926,474 | $ | 24,884,207 |
Average Balances and Interest Rates | Table 4 | ||||||||||||||||||||||||
Three Months Ended | Three Months Ended | Three Months Ended | |||||||||||||||||||||||
March 31, 2024 | December 31, 2023 | March 31, 2023 | |||||||||||||||||||||||
Average | Income/ | Yield/ | Average | Income/ | Yield/ | Average | Income/ | Yield/ | |||||||||||||||||
(dollars in millions) | Balance | Expense | Rate | Balance | Expense | Rate | Balance | Expense | Rate | ||||||||||||||||
Earning Assets | |||||||||||||||||||||||||
Interest-Bearing Deposits in Other Banks | $ | 858.6 | $ | 11.6 | 5.45% | $ | 568.0 | $ | 7.8 | 5.39% | $ | 299.6 | $ | 3.4 | 4.60% | ||||||||||
Available-for-Sale Investment Securities | |||||||||||||||||||||||||
Taxable | 2,210.6 | 14.5 | 2.63 | 2,598.4 | 19.0 | 2.92 | 3,081.4 | 18.4 | 2.39 | ||||||||||||||||
Non-Taxable | 1.8 | — | 5.61 | 1.9 | — | 5.12 | 31.1 | 0.4 | 5.55 | ||||||||||||||||
Held-to-Maturity Investment Securities | |||||||||||||||||||||||||
Taxable | 3,416.4 | 14.6 | 1.71 | 3,472.1 | 14.8 | 1.70 | 3,683.8 | 15.7 | 1.70 | ||||||||||||||||
Non-Taxable | 603.4 | 4.0 | 2.65 | 603.9 | 3.9 | 2.58 | 612.2 | 4.1 | 2.74 | ||||||||||||||||
Total Investment Securities | 6,232.2 | 33.1 | 2.13 | 6,676.3 | 37.7 | 2.25 | 7,408.5 | 38.6 | 2.09 | ||||||||||||||||
Loans Held for Sale | 0.7 | — | 6.92 | 0.7 | — | 7.41 | 0.1 | — | 5.53 | ||||||||||||||||
Loans and Leases(1) | |||||||||||||||||||||||||
Commercial and industrial | 2,164.9 | 37.2 | 6.92 | 2,148.1 | 36.7 | 6.78 | 2,192.9 | 32.4 | 5.98 | ||||||||||||||||
Commercial real estate | 4,323.5 | 70.1 | 6.53 | 4,356.3 | 71.4 | 6.51 | 4,105.7 | 58.3 | 5.76 | ||||||||||||||||
Construction | 924.7 | 17.4 | 7.55 | 888.7 | 16.7 | 7.45 | 873.9 | 14.7 | 6.83 | ||||||||||||||||
Residential: | |||||||||||||||||||||||||
Residential mortgage | 4,264.1 | 42.0 | 3.94 | 4,294.8 | 38.8 | 3.61 | 4,307.0 | 38.4 | 3.57 | ||||||||||||||||
Home equity line | 1,172.1 | 12.0 | 4.13 | 1,174.8 | 11.3 | 3.83 | 1,074.9 | 8.7 | 3.27 | ||||||||||||||||
Consumer | 1,083.5 | 18.1 | 6.71 | 1,132.4 | 18.4 | 6.43 | 1,213.5 | 17.2 | 5.75 | ||||||||||||||||
Lease financing | 379.8 | 3.7 | 3.91 | 354.2 | 3.6 | 4.03 | 311.4 | 3.1 | 4.10 | ||||||||||||||||
Total Loans and Leases | 14,312.6 | 200.5 | 5.63 | 14,349.3 | 196.9 | 5.45 | 14,079.3 | 172.8 | 4.96 | ||||||||||||||||
Other Earning Assets | 77.8 | 1.2 | 5.90 | 94.5 | — | 0.06 | 85.8 | 0.2 | 0.76 | ||||||||||||||||
Total Earning Assets(2) | 21,481.9 | 246.4 | 4.61 | 21,688.8 | 242.4 | 4.44 | 21,873.3 | 215.0 | 3.97 | ||||||||||||||||
Cash and Due from Banks | 244.3 | 240.8 | 286.1 | ||||||||||||||||||||||
Other Assets | 2,461.0 | 2,475.1 | 2,388.7 | ||||||||||||||||||||||
Total Assets | $ | 24,187.2 | $ | 24,404.7 | $ | 24,548.1 | |||||||||||||||||||
Interest-Bearing Liabilities | |||||||||||||||||||||||||
Interest-Bearing Deposits | |||||||||||||||||||||||||
Savings | $ | 6,059.7 | $ | 23.4 | 1.56% | $ | 6,067.2 | $ | 22.4 | 1.46% | 6,354.3 | $ | 13.9 | 0.89% | |||||||||||
Money Market | 3,944.9 | 28.8 | 2.94 | 3,905.0 | 27.5 | 2.79 | 3,853.5 | 14.3 | 1.50 | ||||||||||||||||
Time | 3,325.3 | 31.9 | 3.86 | 3,390.7 | 32.3 | 3.78 | 2,515.6 | 15.1 | 2.44 | ||||||||||||||||
Total Interest-Bearing Deposits | 13,329.9 | 84.1 | 2.54 | 13,362.9 | 82.2 | 2.44 | 12,723.4 | 43.3 | 1.38 | ||||||||||||||||
Federal Funds Purchased | — | — | — | — | — | — | 67.1 | 0.7 | 4.43 | ||||||||||||||||
Other Short-Term Borrowings | 500.0 | 6.0 | 4.79 | 515.2 | 6.2 | 4.80 | 52.8 | 0.7 | 5.02 | ||||||||||||||||
Long-Term Borrowings | — | — | — | — | — | — | 105.5 | 1.2 | 4.52 | ||||||||||||||||
Other Interest-Bearing Liabilities | 33.0 | 0.4 | 5.22 | 42.1 | 0.8 | 7.44 | 42.8 | 0.4 | 4.27 | ||||||||||||||||
Total Interest-Bearing Liabilities | 13,862.9 | 90.5 | 2.63 | 13,920.2 | 89.2 | 2.54 | 12,991.6 | 46.3 | 1.45 | ||||||||||||||||
Net Interest Income | $ | 155.9 | $ | 153.2 | $ | 168.7 | |||||||||||||||||||
Interest Rate Spread(3) | 1.98% | 1.90% | 2.52% | ||||||||||||||||||||||
Net Interest Margin(4) | 2.91% | 2.81% | 3.11% | ||||||||||||||||||||||
Noninterest-Bearing Demand Deposits | 7,242.0 | 7,545.3 | 8,745.2 | ||||||||||||||||||||||
Other Liabilities | 585.5 | 564.5 | 511.9 | ||||||||||||||||||||||
Stockholders' Equity | 2,496.8 | 2,374.7 | 2,299.4 | ||||||||||||||||||||||
Total Liabilities and Stockholders' Equity | $ | 24,187.2 | $ | 24,404.7 | $ | 24,548.1 |
平均餘額和利率 | 表 4 | ||||||||||||||||||||||||
三個月已結束 | 三個月已結束 | 三個月已結束 | |||||||||||||||||||||||
2024年3月31日 | 2023年12月31日 | 2023年3月31日 | |||||||||||||||||||||||
平均值 | 收入/ | 收益率/ | 平均值 | 收入/ | 收益率/ | 平均值 | 收入/ | 收益率/ | |||||||||||||||||
(以百萬美元計) | 平衡 | 開支 | 費率 | 平衡 | 開支 | 費率 | 平衡 | 開支 | 費率 | ||||||||||||||||
賺取資產 | |||||||||||||||||||||||||
其他銀行的計息存款 | $ | 858.6 | $ | 11.6 | 5.45% | $ | 568.0 | $ | 7.8 | 5.39% | $ | 299.6 | $ | 3.4 | 4.60% | ||||||||||
可供出售的投資證券 | |||||||||||||||||||||||||
應稅 | 2,210.6 | 14.5 | 2.63 | 2,598.4 | 19.0 | 2.92 | 3,081.4 | 18.4 | 2.39 | ||||||||||||||||
免稅 | 1.8 | — | 5.61 | 1.9 | — | 5.12 | 31.1 | 0.4 | 5.55 | ||||||||||||||||
持有至到期的投資證券 | |||||||||||||||||||||||||
應稅 | 3,416.4 | 14.6 | 1.71 | 3,472.1 | 14.8 | 1.70 | 3,683.8 | 15.7 | 1.70 | ||||||||||||||||
免稅 | 603.4 | 4.0 | 2.65 | 603.9 | 3.9 | 2.58 | 612.2 | 4.1 | 2.74 | ||||||||||||||||
投資證券總額 | 6,232.2 | 33.1 | 2.13 | 6,676.3 | 37.7 | 2.25 | 7,408.5 | 38.6 | 2.09 | ||||||||||||||||
待售貸款 | 0.7 | — | 6.92 | 0.7 | — | 7.41 | 0.1 | — | 5.53 | ||||||||||||||||
貸款和租賃(1) | |||||||||||||||||||||||||
商業和工業 | 2,164.9 | 37.2 | 6.92 | 2,148.1 | 36.7 | 6.78 | 2,192.9 | 32.4 | 5.98 | ||||||||||||||||
商業地產 | 4,323.5 | 70.1 | 6.53 | 4,356.3 | 71.4 | 6.51 | 4,105.7 | 58.3 | 5.76 | ||||||||||||||||
施工 | 924.7 | 17.4 | 7.55 | 888.7 | 16.7 | 7.45 | 873.9 | 14.7 | 6.83 | ||||||||||||||||
住宅: | |||||||||||||||||||||||||
住宅抵押貸款 | 4,264.1 | 42.0 | 3.94 | 4,294.8 | 38.8 | 3.61 | 4,307.0 | 38.4 | 3.57 | ||||||||||||||||
房屋淨值專線 | 1,172.1 | 12.0 | 4.13 | 1,174.8 | 11.3 | 3.83 | 1,074.9 | 8.7 | 3.27 | ||||||||||||||||
消費者 | 1,083.5 | 18.1 | 6.71 | 1,132.4 | 18.4 | 6.43 | 1,213.5 | 17.2 | 5.75 | ||||||||||||||||
租賃融資 | 379.8 | 3.7 | 3.91 | 354.2 | 3.6 | 4.03 | 311.4 | 3.1 | 4.10 | ||||||||||||||||
貸款和租賃總額 | 14,312.6 | 200.5 | 5.63 | 14,349.3 | 196.9 | 5.45 | 14,079.3 | 172.8 | 4.96 | ||||||||||||||||
其他盈利資產 | 77.8 | 1.2 | 5.90 | 94.5 | — | 0.06 | 85.8 | 0.2 | 0.76 | ||||||||||||||||
總收益資產(2) | 21,481.9 | 246.4 | 4.61 | 21,688.8 | 242.4 | 4.44 | 21,873.3 | 215.0 | 3.97 | ||||||||||||||||
銀行的現金和應付款 | 244.3 | 240.8 | 286.1 | ||||||||||||||||||||||
其他資產 | 2,461.0 | 2,475.1 | 2,388.7 | ||||||||||||||||||||||
總資產 | $ | 24,187.2 | $ | 24,404.7 | $ | 24,548.1 | |||||||||||||||||||
計息負債 | |||||||||||||||||||||||||
計息存款 | |||||||||||||||||||||||||
儲蓄 | $ | 6,059.7 | $ | 23.4 | 1.56% | $ | 6,067.2 | $ | 22.4 | 1.46% | 6,354.3 | $ | 13.9 | 0.89% | |||||||||||
貨幣市場 | 3,944.9 | 28.8 | 2.94 | 3,905.0 | 27.5 | 2.79 | 3,853.5 | 14.3 | 1.50 | ||||||||||||||||
時間 | 3,325.3 | 31.9 | 3.86 | 3,390.7 | 32.3 | 3.78 | 2,515.6 | 15.1 | 2.44 | ||||||||||||||||
計息存款總額 | 13,329.9 | 84.1 | 2.54 | 13,362.9 | 82.2 | 2.44 | 12,723.4 | 43.3 | 1.38 | ||||||||||||||||
購買的聯邦資金 | — | — | — | — | — | — | 67.1 | 0.7 | 4.43 | ||||||||||||||||
其他短期借款 | 500.0 | 6.0 | 4.79 | 515.2 | 6.2 | 4.80 | 52.8 | 0.7 | 5.02 | ||||||||||||||||
長期借款 | — | — | — | — | — | — | 105.5 | 1.2 | 4.52 | ||||||||||||||||
其他計息負債 | 33.0 | 0.4 | 5.22 | 42.1 | 0.8 | 7.44 | 42.8 | 0.4 | 4.27 | ||||||||||||||||
計息負債總額 | 13,862.9 | 90.5 | 2.63 | 13,920.2 | 89.2 | 2.54 | 12,991.6 | 46.3 | 1.45 | ||||||||||||||||
淨利息收入 | $ | 155.9 | $ | 153.2 | $ | 168.7 | |||||||||||||||||||
利率利差(3) | 1.98% | 1.90% | 2.52% | ||||||||||||||||||||||
淨利率(4) | 2.91% | 2.81% | 3.11% | ||||||||||||||||||||||
非計息活期存款 | 7,242.0 | 7,545.3 | 8,745.2 | ||||||||||||||||||||||
其他負債 | 585.5 | 564.5 | 511.9 | ||||||||||||||||||||||
股東權益 | 2,496.8 | 2,374.7 | 2,299.4 | ||||||||||||||||||||||
負債總額和股東權益 | $ | 24,187.2 | $ | 24,404.7 | $ | 24,548.1 |
_____________________________
_____________________
(1) Non-performing loans and leases are included in the respective average loan and lease balances. Income, if any, on such loans and leases is recognized on a cash basis.
(1) 不良貸款和租賃包含在相應的平均貸款和租賃餘額中。此類貸款和租賃的收入(如果有)按現金進行確認。
(2) Interest income includes taxable-equivalent basis adjustments of $1.5 million, $1.4 million and $1.4 million for the three months ended March 31, 2024, December 31, 2023 and March 31, 2023, respectively.
(2) 利息收入包括截至2024年3月31日、2023年12月31日和2023年3月31日的三個月,分別爲150萬美元、140萬美元和140萬美元的應納稅等值基準調整。
(3) Interest rate spread is the difference between the average yield on earning assets and the average rate paid on interest-bearing liabilities, on a fully taxable-equivalent basis.
(3) 利率利差是按完全應納稅等值計算的收益資產的平均收益率與計息負債的平均利率之間的差額。
(4) Net interest margin is net interest income annualized for the three months ended March 31, 2024, December 31, 2023 and March 31, 2023, on a fully taxable-equivalent basis, divided by average total earning assets.
(4) 淨利率是截至2024年3月31日、2023年12月31日和2023年3月31日的三個月,按完全應納稅等值計算的年化淨利息收入除以平均總收益資產。
Analysis of Change in Net Interest Income | Table 5 | |||||||||||
Three Months Ended March 31, 2024 | ||||||||||||
Compared to December 31, 2023 | ||||||||||||
(dollars in millions) | Volume | Rate | Total | |||||||||
Change in Interest Income: | ||||||||||||
Interest-Bearing Deposits in Other Banks | $ | 3.8 | $ | — | $ | 3.8 | ||||||
Available-for-Sale Investment Securities | ||||||||||||
Taxable | (2.7) | (1.8) | (4.5) | |||||||||
Held-to-Maturity Investment Securities | ||||||||||||
Taxable | (0.3) | 0.1 | (0.2) | |||||||||
Non-Taxable | — | 0.1 | 0.1 | |||||||||
Total Investment Securities | (3.0) | (1.6) | (4.6) | |||||||||
Loans and Leases | ||||||||||||
Commercial and industrial | 0.1 | 0.4 | 0.5 | |||||||||
Commercial real estate | (1.2) | (0.1) | (1.3) | |||||||||
Construction | 0.5 | 0.2 | 0.7 | |||||||||
Residential: | ||||||||||||
Residential mortgage | (0.3) | 3.5 | 3.2 | |||||||||
Home equity line | — | 0.7 | 0.7 | |||||||||
Consumer | (0.9) | 0.6 | (0.3) | |||||||||
Lease financing | 0.2 | (0.1) | 0.1 | |||||||||
Total Loans and Leases | (1.6) | 5.2 | 3.6 | |||||||||
Other Earning Assets | — | 1.2 | 1.2 | |||||||||
Total Change in Interest Income | (0.8) | 4.8 | 4.0 | |||||||||
Change in Interest Expense: | ||||||||||||
Interest-Bearing Deposits | ||||||||||||
Savings | (0.1) | 1.1 | 1.0 | |||||||||
Money Market | 0.2 | 1.1 | 1.3 | |||||||||
Time | (0.8) | 0.4 | (0.4) | |||||||||
Total Interest-Bearing Deposits | (0.7) | 2.6 | 1.9 | |||||||||
Other Short-Term Borrowings | (0.2) | — | (0.2) | |||||||||
Other Interest-Bearing Liabilities | (0.2) | (0.2) | (0.4) | |||||||||
Total Change in Interest Expense | (1.1) | 2.4 | 1.3 | |||||||||
Change in Net Interest Income | $ | 0.3 | $ | 2.4 | $ | 2.7 |
淨利息收入變化分析 | 表 5 | |||||||||||
截至2024年3月31日的三個月 | ||||||||||||
與 2023 年 12 月 31 日相比 | ||||||||||||
(以百萬美元計) | 音量 | 費率 | 總計 | |||||||||
利息收入的變化: | ||||||||||||
其他銀行的計息存款 | $ | 3.8 | $ | — | $ | 3.8 | ||||||
可供出售的投資證券 | ||||||||||||
應稅 | (2.7) | (1.8) | (4.5) | |||||||||
持有至到期的投資證券 | ||||||||||||
應稅 | (0.3) | 0.1 | (0.2) | |||||||||
免稅 | — | 0.1 | 0.1 | |||||||||
投資證券總額 | (3.0) | (1.6) | (4.6) | |||||||||
貸款和租賃 | ||||||||||||
商業和工業 | 0.1 | 0.4 | 0.5 | |||||||||
商業地產 | (1.2) | (0.1) | (1.3) | |||||||||
施工 | 0.5 | 0.2 | 0.7 | |||||||||
住宅: | ||||||||||||
住宅抵押貸款 | (0.3) | 3.5 | 3.2 | |||||||||
房屋淨值專線 | — | 0.7 | 0.7 | |||||||||
消費者 | (0.9) | 0.6 | (0.3) | |||||||||
租賃融資 | 0.2 | (0.1) | 0.1 | |||||||||
貸款和租賃總額 | (1.6) | 5.2 | 3.6 | |||||||||
其他盈利資產 | — | 1.2 | 1.2 | |||||||||
利息收入變動總額 | (0.8) | 4.8 | 4.0 | |||||||||
利息支出變動: | ||||||||||||
計息存款 | ||||||||||||
儲蓄 | (0.1) | 1.1 | 1.0 | |||||||||
貨幣市場 | 0.2 | 1.1 | 1.3 | |||||||||
時間 | (0.8) | 0.4 | (0.4) | |||||||||
計息存款總額 | (0.7) | 2.6 | 1.9 | |||||||||
其他短期借款 | (0.2) | — | (0.2) | |||||||||
其他計息負債 | (0.2) | (0.2) | (0.4) | |||||||||
利息支出變動總額 | (1.1) | 2.4 | 1.3 | |||||||||
淨利息收入的變化 | $ | 0.3 | $ | 2.4 | $ | 2.7 |
Analysis of Change in Net Interest Income | Table 6 | |||||||||||
Three Months Ended March 31, 2024 | ||||||||||||
Compared to March 31, 2023 | ||||||||||||
(dollars in millions) | Volume | Rate | Total | |||||||||
Change in Interest Income: | ||||||||||||
Interest-Bearing Deposits in Other Banks | $ | 7.5 | $ | 0.7 | $ | 8.2 | ||||||
Available-for-Sale Investment Securities | ||||||||||||
Taxable | (5.6) | 1.7 | (3.9) | |||||||||
Non-Taxable | (0.4) | — | (0.4) | |||||||||
Held-to-Maturity Investment Securities | ||||||||||||
Taxable | (1.2) | 0.1 | (1.1) | |||||||||
Non-Taxable | — | (0.1) | (0.1) | |||||||||
Total Investment Securities | (7.2) | 1.7 | (5.5) | |||||||||
Loans and Leases | ||||||||||||
Commercial and industrial | (0.4) | 5.2 | 4.8 | |||||||||
Commercial real estate | 3.3 | 8.5 | 11.8 | |||||||||
Construction | 1.0 | 1.7 | 2.7 | |||||||||
Residential: | ||||||||||||
Residential mortgage | (0.4) | 4.0 | 3.6 | |||||||||
Home equity line | 0.8 | 2.5 | 3.3 | |||||||||
Consumer | (1.9) | 2.8 | 0.9 | |||||||||
Lease financing | 0.7 | (0.1) | 0.6 | |||||||||
Total Loans and Leases | 3.1 | 24.6 | 27.7 | |||||||||
Other Earning Assets | — | 1.0 | 1.0 | |||||||||
Total Change in Interest Income | 3.4 | 28.0 | 31.4 | |||||||||
Change in Interest Expense: | ||||||||||||
Interest-Bearing Deposits | ||||||||||||
Savings | (0.7) | 10.2 | 9.5 | |||||||||
Money Market | 0.3 | 14.2 | 14.5 | |||||||||
Time | 6.0 | 10.8 | 16.8 | |||||||||
Total Interest-Bearing Deposits | 5.6 | 35.2 | 40.8 | |||||||||
Federal Funds Purchased | (0.3) | (0.4) | (0.7) | |||||||||
Other Short-Term Borrowings | 5.3 | — | 5.3 | |||||||||
Long-Term Borrowings | (0.6) | (0.6) | (1.2) | |||||||||
Other Interest-Bearing Liabilities | (0.1) | 0.1 | — | |||||||||
Total Change in Interest Expense | 9.9 | 34.3 | 44.2 | |||||||||
Change in Net Interest Income | $ | (6.5) | $ | (6.3) | $ | (12.8) |
淨利息收入變化分析 | 表 6 | |||||||||||
截至2024年3月31日的三個月 | ||||||||||||
與 2023 年 3 月 31 日相比 | ||||||||||||
(以百萬美元計) | 音量 | 費率 | 總計 | |||||||||
利息收入的變化: | ||||||||||||
其他銀行的計息存款 | $ | 7.5 | $ | 0.7 | $ | 8.2 | ||||||
可供出售的投資證券 | ||||||||||||
應稅 | (5.6) | 1.7 | (3.9) | |||||||||
免稅 | (0.4) | — | (0.4) | |||||||||
持有至到期的投資證券 | ||||||||||||
應稅 | (1.2) | 0.1 | (1.1) | |||||||||
免稅 | — | (0.1) | (0.1) | |||||||||
投資證券總額 | (7.2) | 1.7 | (5.5) | |||||||||
貸款和租賃 | ||||||||||||
商業和工業 | (0.4) | 5.2 | 4.8 | |||||||||
商業地產 | 3.3 | 8.5 | 11.8 | |||||||||
施工 | 1.0 | 1.7 | 2.7 | |||||||||
住宅: | ||||||||||||
住宅抵押貸款 | (0.4) | 4.0 | 3.6 | |||||||||
房屋淨值專線 | 0.8 | 2.5 | 3.3 | |||||||||
消費者 | (1.9) | 2.8 | 0.9 | |||||||||
租賃融資 | 0.7 | (0.1) | 0.6 | |||||||||
貸款和租賃總額 | 3.1 | 24.6 | 27.7 | |||||||||
其他盈利資產 | — | 1.0 | 1.0 | |||||||||
利息收入變動總額 | 3.4 | 28.0 | 31.4 | |||||||||
利息支出變動: | ||||||||||||
計息存款 | ||||||||||||
儲蓄 | (0.7) | 10.2 | 9.5 | |||||||||
貨幣市場 | 0.3 | 14.2 | 14.5 | |||||||||
時間 | 6.0 | 10.8 | 16.8 | |||||||||
計息存款總額 | 5.6 | 35.2 | 40.8 | |||||||||
購買的聯邦資金 | (0.3) | (0.4) | (0.7) | |||||||||
其他短期借款 | 5.3 | — | 5.3 | |||||||||
長期借款 | (0.6) | (0.6) | (1.2) | |||||||||
其他計息負債 | (0.1) | 0.1 | — | |||||||||
利息支出變動總額 | 9.9 | 34.3 | 44.2 | |||||||||
淨利息收入的變化 | $ | (6.5) | $ | (6.3) | $ | (12.8) |
Loans and Leases | Table 7 | ||||||||
March 31, | December 31, | March 31, | |||||||
(dollars in thousands) | 2024 | 2023 | 2023 | ||||||
Commercial and industrial | $ | 2,189,875 | $ | 2,165,349 | $ | 2,268,332 | |||
Commercial real estate | 4,301,300 | 4,340,243 | 4,106,200 | ||||||
Construction | 972,517 | 900,292 | 913,959 | ||||||
Residential: | |||||||||
Residential mortgage | 4,242,502 | 4,283,315 | 4,318,742 | ||||||
Home equity line | 1,165,778 | 1,174,588 | 1,095,365 | ||||||
Total residential | 5,408,280 | 5,457,903 | 5,414,107 | ||||||
Consumer | 1,054,227 | 1,109,901 | 1,191,552 | ||||||
Lease financing | 394,009 | 379,809 | 327,122 | ||||||
Total loans and leases | $ | 14,320,208 | $ | 14,353,497 | $ | 14,221,272 |
貸款和租賃 | 表 7 | ||||||||
3月31日 | 十二月 31, | 3月31日 | |||||||
(以千美元計) | 2024 | 2023 | 2023 | ||||||
商業和工業 | $ | 2,189,875 | $ | 2,165,349 | $ | 2,268,332 | |||
商業地產 | 4,301,300 | 4,340,243 | 4,106,200 | ||||||
施工 | 972,517 | 900,292 | 913,959 | ||||||
住宅: | |||||||||
住宅抵押貸款 | 4,242,502 | 4,283,315 | 4,318,742 | ||||||
房屋淨值專線 | 1,165,778 | 1,174,588 | 1,095,365 | ||||||
住宅總數 | 5,408,280 | 5,457,903 | 5,414,107 | ||||||
消費者 | 1,054,227 | 1,109,901 | 1,191,552 | ||||||
租賃融資 | 394,009 | 379,809 | 327,122 | ||||||
貸款和租賃總額 | $ | 14,320,208 | $ | 14,353,497 | $ | 14,221,272 |
Deposits | Table 8 | ||||||||
March 31, | December 31, | March 31, | |||||||
(dollars in thousands) | 2024 | 2023 | 2023 | ||||||
Demand | $ | 7,048,553 | $ | 7,583,562 | $ | 8,702,345 | |||
Savings | 6,277,679 | 6,445,084 | 6,173,398 | ||||||
Money Market | 4,059,204 | 3,847,853 | 3,818,355 | ||||||
Time | 3,284,045 | 3,456,158 | 2,587,402 | ||||||
Total Deposits | $ | 20,669,481 | $ | 21,332,657 | $ | 21,281,500 |
存款 | 表 8 | ||||||||
3月31日 | 十二月 31, | 3月31日 | |||||||
(以千美元計) | 2024 | 2023 | 2023 | ||||||
需求 | $ | 7,048,553 | $ | 7,583,562 | $ | 8,702,345 | |||
儲蓄 | 6,277,679 | 6,445,084 | 6,173,398 | ||||||
貨幣市場 | 4,059,204 | 3,847,853 | 3,818,355 | ||||||
時間 | 3,284,045 | 3,456,158 | 2,587,402 | ||||||
存款總額 | $ | 20,669,481 | $ | 21,332,657 | $ | 21,281,500 |
Non-Performing Assets and Accruing Loans and Leases Past Due 90 Days or More | Table 9 | ||||||||
March 31, | December 31, | March 31, | |||||||
(dollars in thousands) | 2024 | 2023 | 2023 | ||||||
Non-Performing Assets | |||||||||
Non-Accrual Loans and Leases | |||||||||
Commercial Loans: | |||||||||
Commercial and industrial | $ | 942 | $ | 970 | $ | 1,158 | |||
Commercial real estate | 2,953 | 2,953 | 727 | ||||||
Total Commercial Loans | 3,895 | 3,923 | 1,885 | ||||||
Residential Loans: | |||||||||
Residential mortgage | 7,777 | 7,620 | 6,896 | ||||||
Home equity line | 6,345 | 7,052 | 4,903 | ||||||
Total Residential Loans | 14,122 | 14,672 | 11,799 | ||||||
Total Non-Accrual Loans and Leases | 18,017 | 18,595 | 13,684 | ||||||
Other Real Estate Owned | — | — | 91 | ||||||
Total Non-Performing Assets | $ | 18,017 | $ | 18,595 | $ | 13,775 | |||
Accruing Loans and Leases Past Due 90 Days or More | |||||||||
Commercial Loans: | |||||||||
Commercial and industrial | $ | 529 | $ | 494 | $ | 461 | |||
Commercial real estate | — | 300 | 1,346 | ||||||
Construction | 606 | — | 102 | ||||||
Total Commercial Loans | 1,135 | 794 | 1,909 | ||||||
Residential mortgage | 359 | — | 58 | ||||||
Consumer | 2,126 | 2,702 | 2,502 | ||||||
Total Accruing Loans and Leases Past Due 90 Days or More | $ | 3,620 | $ | 3,496 | $ | 4,469 | |||
Total Loans and Leases | $ | 14,320,208 | $ | 14,353,497 | $ | 14,221,272 |
過期 90 天或更長時間的不良資產和應計貸款和租賃 | 表 9 | ||||||||
3月31日 | 十二月 31, | 3月31日 | |||||||
(以千美元計) | 2024 | 2023 | 2023 | ||||||
不良資產 | |||||||||
非應計貸款和租賃 | |||||||||
商業貸款: | |||||||||
商業和工業 | $ | 942 | $ | 970 | $ | 1,158 | |||
商業地產 | 2,953 | 2,953 | 727 | ||||||
商業貸款總額 | 3,895 | 3,923 | 1,885 | ||||||
住宅貸款: | |||||||||
住宅抵押貸款 | 7,777 | 7,620 | 6,896 | ||||||
房屋淨值專線 | 6,345 | 7,052 | 4,903 | ||||||
住宅貸款總額 | 14,122 | 14,672 | 11,799 | ||||||
非應計貸款和租賃總額 | 18,017 | 18,595 | 13,684 | ||||||
擁有的其他房地產 | — | — | 91 | ||||||
不良資產總額 | $ | 18,017 | $ | 18,595 | $ | 13,775 | |||
逾期 90 天或更長時間的應計貸款和租約 | |||||||||
商業貸款: | |||||||||
商業和工業 | $ | 529 | $ | 494 | $ | 461 | |||
商業地產 | — | 300 | 1,346 | ||||||
施工 | 606 | — | 102 | ||||||
商業貸款總額 | 1,135 | 794 | 1,909 | ||||||
住宅抵押貸款 | 359 | — | 58 | ||||||
消費者 | 2,126 | 2,702 | 2,502 | ||||||
逾期 90 天或更長時間的應計貸款和租賃總額 | $ | 3,620 | $ | 3,496 | $ | 4,469 | |||
貸款和租賃總額 | $ | 14,320,208 | $ | 14,353,497 | $ | 14,221,272 |
Allowance for Credit Losses and Reserve for Unfunded Commitments | Table 10 | ||||||||||||
For the Three Months Ended | |||||||||||||
March 31, | December 31, | March 31, | |||||||||||
(dollars in thousands) |
2024 |
2023 |
2023 | ||||||||||
Balance at Beginning of Period | $ | 192,138 | $ | 192,570 | $ | 177,735 | |||||||
Loans and Leases Charged-Off | |||||||||||||
Commercial Loans: | |||||||||||||
Commercial and industrial | (909) | (910) | (791) | ||||||||||
Commercial real estate | — | (2,500) | — | ||||||||||
Total Commercial Loans | (909) | (3,410) | (791) | ||||||||||
Residential Loans: | |||||||||||||
Residential mortgage | — | — | (122) | ||||||||||
Home equity line | — | (20) | (135) | ||||||||||
Total Residential Loans | — | (20) | (257) | ||||||||||
Consumer | (4,854) | (4,147) | (4,782) | ||||||||||
Total Loans and Leases Charged-Off | (5,763) | (7,577) | (5,830) | ||||||||||
Recoveries on Loans and Leases Previously Charged-Off | |||||||||||||
Commercial and industrial | 211 | 171 | 246 | ||||||||||
Residential Loans: | |||||||||||||
Residential mortgage | 30 | 31 | 27 | ||||||||||
Home equity line | 44 | 163 | 177 | ||||||||||
Total Residential Loans | 74 | 194 | 204 | ||||||||||
Consumer | 1,689 | 1,450 | 2,166 | ||||||||||
Total Recoveries on Loans and Leases Previously Charged-Off | 1,974 | 1,815 | 2,616 | ||||||||||
Net Loans and Leases Charged-Off | (3,789) | (5,762) | (3,214) | ||||||||||
Provision for Credit Losses | 6,300 | 5,330 | 8,800 | ||||||||||
Balance at End of Period | $ | 194,649 | $ | 192,138 | $ | 183,321 | |||||||
Components: | |||||||||||||
Allowance for Credit Losses | $ | 159,836 | $ | 156,533 | $ | 147,122 | |||||||
Reserve for Unfunded Commitments | 34,813 | 35,605 | 36,199 | ||||||||||
Total Allowance for Credit Losses and Reserve for Unfunded Commitments | $ | 194,649 | $ | 192,138 | $ | 183,321 | |||||||
Average Loans and Leases Outstanding | $ | 14,312,563 | $ | 14,349,322 | $ | 14,079,337 | |||||||
Ratio of Net Loans and Leases Charged-Off to Average Loans and Leases Outstanding(1) | 0.11 | % | 0.16 | % | 0.09 | % | |||||||
Ratio of Allowance for Credit Losses for Loans and Leases to Loans and Leases Outstanding | 1.12 | % | 1.09 | % | 1.03 | % | |||||||
Ratio of Allowance for Credit Losses for Loans and Leases to Non-accrual Loans and Leases | 8.87x | 8.42x | 10.75x |
信貸損失備抵金和無準備金承付款準備金 | 表 10 | ||||||||||||
在已結束的三個月中 | |||||||||||||
3月31日 | 十二月 31, | 3月31日 | |||||||||||
(以千美元計) | 2024 | 2023 | 2023 | ||||||||||
期初餘額 | $ | 192,138 | $ | 192,570 | $ | 177,735 | |||||||
已扣除的貸款和租賃 | |||||||||||||
商業貸款: | |||||||||||||
商業和工業 | (909) | (910) | (791) | ||||||||||
商業地產 | — | (2,500) | — | ||||||||||
商業貸款總額 | (909) | (3,410) | (791) | ||||||||||
住宅貸款: | |||||||||||||
住宅抵押貸款 | — | — | (122) | ||||||||||
房屋淨值專線 | — | (20) | (135) | ||||||||||
住宅貸款總額 | — | (20) | (257) | ||||||||||
消費者 | (4,854) | (4,147) | (4,782) | ||||||||||
扣除的貸款和租賃總額 | (5,763) | (7,577) | (5,830) | ||||||||||
以前扣除的貸款和租賃的回收款 | |||||||||||||
商業和工業 | 211 | 171 | 246 | ||||||||||
住宅貸款: | |||||||||||||
住宅抵押貸款 | 30 | 31 | 27 | ||||||||||
房屋淨值專線 | 44 | 163 | 177 | ||||||||||
住宅貸款總額 | 74 | 194 | 204 | ||||||||||
消費者 | 1,689 | 1,450 | 2,166 | ||||||||||
先前扣除的貸款和租賃的回收總額 | 1,974 | 1,815 | 2,616 | ||||||||||
扣除的淨貸款和租賃費 | (3,789) | (5,762) | (3,214) | ||||||||||
信貸損失準備金 | 6,300 | 5,330 | 8,800 | ||||||||||
期末餘額 | $ | 194,649 | $ | 192,138 | $ | 183,321 | |||||||
組件: | |||||||||||||
信用損失備抵金 | $ | 159,836 | $ | 156,533 | $ | 147,122 | |||||||
無準備金承付款準備金 | 34,813 | 35,605 | 36,199 | ||||||||||
信貸損失備抵總額和無準備金承付款準備金總額 | $ | 194,649 | $ | 192,138 | $ | 183,321 | |||||||
平均未償貸款和租約 | $ | 14,312,563 | $ | 14,349,322 | $ | 14,079,337 | |||||||
已扣除的淨貸款和租賃與平均未償貸款和租賃的比率(1) | 0.11 | % | 0.16 | % | 0.09 | % | |||||||
貸款和租賃的信貸損失備抵與未償貸款和租賃的比率 | 1.12 | % | 1.09 | % | 1.03 | % | |||||||
貸款和租賃的信貸損失備抵與非應計貸款和租賃的比率 | 8.87 倍 | 8.42 倍 | 10.75 倍 |
_____________________________
_____________________
(1) Annualized for the three months ended March 31, 2024, December 31, 2023 and March 31, 2023.
(1) 截至2024年3月31日、2023年12月31日和2023年3月31日的三個月按年計算。
Loans and Leases by Year of Origination and Credit Quality Indicator | Table 11 | ||||||||||||||||||||||||||
Revolving | |||||||||||||||||||||||||||
Loans | |||||||||||||||||||||||||||
Converted | |||||||||||||||||||||||||||
Term Loans | Revolving | to Term | |||||||||||||||||||||||||
Amortized Cost Basis by Origination Year | Loans | Loans | |||||||||||||||||||||||||
Amortized | Amortized | ||||||||||||||||||||||||||
(dollars in thousands) | 2024 | 2023 | 2022 | 2021 | 2020 | Prior | Cost Basis | Cost Basis | Total | ||||||||||||||||||
Commercial Lending | |||||||||||||||||||||||||||
Commercial and Industrial | |||||||||||||||||||||||||||
Risk rating: | |||||||||||||||||||||||||||
Pass | $ | 13,488 | $ | 104,265 | $ | 263,282 | $ | 318,417 | $ | 29,787 | $ | 282,287 | $ | 987,132 | $ | 26,745 | $ | 2,025,403 | |||||||||
Special Mention | 202 | 1 | 23,276 | 73 | 539 | 1,385 | 8,132 | — | 33,608 | ||||||||||||||||||
Substandard | — | — | 20,364 | 214 | 572 | 2,191 | 25,638 | — | 48,979 | ||||||||||||||||||
Other (1) | 4,887 | 12,883 | 10,053 | 4,044 | 1,970 | 2,396 | 45,652 | — | 81,885 | ||||||||||||||||||
Total Commercial and Industrial | 18,577 | 117,149 | 316,975 | 322,748 | 32,868 | 288,259 | 1,066,554 | 26,745 | 2,189,875 | ||||||||||||||||||
Current period gross charge-offs | — | 71 | 114 | 61 | 52 | 611 | — | — | 909 | ||||||||||||||||||
Commercial Real Estate | |||||||||||||||||||||||||||
Risk rating: | |||||||||||||||||||||||||||
Pass | 28,321 | 344,674 | 864,166 | 671,379 | 334,606 | 1,866,875 | 93,485 | 4,223 | 4,207,729 | ||||||||||||||||||
Special Mention | 3,339 | 2,290 | 7,591 | 41,337 | 1,358 | 18,507 | 6,863 | — | 81,285 | ||||||||||||||||||
Substandard | — | — | 5,047 | 1,203 | — | 5,244 | 652 | — | 12,146 | ||||||||||||||||||
Other (1) | — | — | — | — | — | 140 | — | — | 140 | ||||||||||||||||||
Total Commercial Real Estate | 31,660 | 346,964 | 876,804 | 713,919 | 335,964 | 1,890,766 | 101,000 | 4,223 | 4,301,300 | ||||||||||||||||||
Current period gross charge-offs | — | — | — | — | — | — | — | — | — | ||||||||||||||||||
Construction | |||||||||||||||||||||||||||
Risk rating: | |||||||||||||||||||||||||||
Pass | 14,198 | 181,628 | 311,175 | 258,400 | 59,563 | 65,776 | 11,872 | — | 902,612 | ||||||||||||||||||
Special Mention | — | — | — | — | — | 837 | — | — | 837 | ||||||||||||||||||
Substandard | — | — | — | — | — | 24,437 | — | — | 24,437 | ||||||||||||||||||
Other (1) | 859 | 12,258 | 17,492 | 6,373 | 1,357 | 5,588 | 704 | — | 44,631 | ||||||||||||||||||
Total Construction | 15,057 | 193,886 | 328,667 | 264,773 | 60,920 | 96,638 | 12,576 | — | 972,517 | ||||||||||||||||||
Current period gross charge-offs | — | — | — | — | — | — | — | — | — | ||||||||||||||||||
Lease Financing | |||||||||||||||||||||||||||
Risk rating: | |||||||||||||||||||||||||||
Pass | 50,531 | 114,686 | 78,028 | 17,488 | 28,946 | 97,319 | — | — | 386,998 | ||||||||||||||||||
Special Mention | — | 51 | 125 | 377 | 20 | — | — | — | 573 | ||||||||||||||||||
Substandard | 5,370 | 676 | 392 | — | — | — | — | — | 6,438 | ||||||||||||||||||
Total Lease Financing | 55,901 | 115,413 | 78,545 | 17,865 | 28,966 | 97,319 | — | — | 394,009 | ||||||||||||||||||
Current period gross charge-offs | — | — | — | — | — | — | — | — | — | ||||||||||||||||||
Total Commercial Lending | $ | 121,195 | $ | 773,412 | $ | 1,600,991 | $ | 1,319,305 | $ | 458,718 | $ | 2,372,982 | $ | 1,180,130 | $ | 30,968 | $ | 7,857,701 | |||||||||
Current period gross charge-offs | $ | — | $ | 71 | $ | 114 | $ | 61 | $ | 52 | $ | 611 | $ | — | $ | — | $ | 909 |
按發放年份和信貸質量指標劃分的貸款和租賃 | 表 11 | ||||||||||||||||||||||||||
旋轉 | |||||||||||||||||||||||||||
貸款 | |||||||||||||||||||||||||||
已轉換 | |||||||||||||||||||||||||||
定期貸款 | 旋轉 | 到學期 | |||||||||||||||||||||||||
按起始年劃分的攤銷成本基礎 | 貸款 | 貸款 | |||||||||||||||||||||||||
攤銷 | 攤銷 | ||||||||||||||||||||||||||
(以千美元計) | 2024 | 2023 | 2022 | 2021 | 2020 | 優先的 | 成本基礎 | 成本基礎 | 總計 | ||||||||||||||||||
商業貸款 | |||||||||||||||||||||||||||
商業和工業 | |||||||||||||||||||||||||||
風險評級: | |||||||||||||||||||||||||||
通過 | $ | 13,488 | $ | 104,265 | $ | 263,282 | $ | 318,417 | $ | 29,787 | $ | 282,287 | $ | 987,132 | $ | 26,745 | $ | 2,025,403 | |||||||||
特別提及 | 202 | 1 | 23,276 | 73 | 539 | 1,385 | 8,132 | — | 33,608 | ||||||||||||||||||
不合標準 | — | — | 20,364 | 214 | 572 | 2,191 | 25,638 | — | 48,979 | ||||||||||||||||||
其他 (1) | 4,887 | 12,883 | 10,053 | 4,044 | 1,970 | 2,396 | 45,652 | — | 81,885 | ||||||||||||||||||
商業和工業總計 | 18,577 | 117,149 | 316,975 | 322,748 | 32,868 | 288,259 | 1,066,554 | 26,745 | 2,189,875 | ||||||||||||||||||
本期扣除總額 | — | 71 | 114 | 61 | 52 | 611 | — | — | 909 | ||||||||||||||||||
商業地產 | |||||||||||||||||||||||||||
風險評級: | |||||||||||||||||||||||||||
通過 | 28,321 | 344,674 | 864,166 | 671,379 | 334,606 | 1,866,875 | 93,485 | 4,223 | 4,207,729 | ||||||||||||||||||
特別提及 | 3,339 | 2,290 | 7,591 | 41,337 | 1,358 | 18,507 | 6,863 | — | 81,285 | ||||||||||||||||||
不合標準 | — | — | 5,047 | 1,203 | — | 5,244 | 652 | — | 12,146 | ||||||||||||||||||
其他 (1) | — | — | — | — | — | 140 | — | — | 140 | ||||||||||||||||||
商業地產總量 | 31,660 | 346,964 | 876,804 | 713,919 | 335,964 | 1,890,766 | 101,000 | 4,223 | 4,301,300 | ||||||||||||||||||
本期扣除總額 | — | — | — | — | — | — | — | — | — | ||||||||||||||||||
施工 | |||||||||||||||||||||||||||
風險評級: | |||||||||||||||||||||||||||
通過 | 14,198 | 181,628 | 311,175 | 258,400 | 59,563 | 65,776 | 11,872 | — | 902,612 | ||||||||||||||||||
特別提及 | — | — | — | — | — | 837 | — | — | 837 | ||||||||||||||||||
不合標準 | — | — | — | — | — | 24,437 | — | — | 24,437 | ||||||||||||||||||
其他 (1) | 859 | 12,258 | 17,492 | 6,373 | 1,357 | 5,588 | 704 | — | 44,631 | ||||||||||||||||||
施工總額 | 15,057 | 193,886 | 328,667 | 264,773 | 60,920 | 96,638 | 12,576 | — | 972,517 | ||||||||||||||||||
本期扣除總額 | — | — | — | — | — | — | — | — | — | ||||||||||||||||||
租賃融資 | |||||||||||||||||||||||||||
風險評級: | |||||||||||||||||||||||||||
通過 | 50,531 | 114,686 | 78,028 | 17,488 | 28,946 | 97,319 | — | — | 386,998 | ||||||||||||||||||
特別提及 | — | 51 | 125 | 377 | 20 | — | — | — | 573 | ||||||||||||||||||
不合標準 | 5,370 | 676 | 392 | — | — | — | — | — | 6,438 | ||||||||||||||||||
租賃融資總額 | 55,901 | 115,413 | 78,545 | 17,865 | 28,966 | 97,319 | — | — | 394,009 | ||||||||||||||||||
本期扣除總額 | — | — | — | — | — | — | — | — | — | ||||||||||||||||||
商業貸款總額 | $ | 121,195 | $ | 773,412 | $ | 1,600,991 | $ | 1,319,305 | $ | 458,718 | $ | 2,372,982 | $ | 1,180,130 | $ | 30,968 | $ | 7,857,701 | |||||||||
本期扣除總額 | $ | — | $ | 71 | $ | 114 | $ | 61 | $ | 52 | $ | 611 | $ | — | $ | — | $ | 909 |
Revolving | |||||||||||||||||||||||||||
Loans | |||||||||||||||||||||||||||
Converted | |||||||||||||||||||||||||||
Term Loans | Revolving | to Term | |||||||||||||||||||||||||
Amortized Cost Basis by Origination Year | Loans | Loans | |||||||||||||||||||||||||
(continued) | Amortized | Amortized | |||||||||||||||||||||||||
(dollars in thousands) | 2024 | 2023 | 2022 | 2021 | 2020 | Prior | Cost Basis | Cost Basis | Total | ||||||||||||||||||
Residential Lending | |||||||||||||||||||||||||||
Residential Mortgage | |||||||||||||||||||||||||||
FICO: | |||||||||||||||||||||||||||
740 and greater | $ | 28,332 | $ | 207,263 | $ | 524,402 | $ | 987,343 | $ | 521,598 | $ | 1,186,496 | $ | — | $ | — | $ | 3,455,434 | |||||||||
680 - 739 | 1,525 | 36,569 | 67,192 | 115,481 | 67,662 | 158,890 | — | — | 447,319 | ||||||||||||||||||
620 - 679 | 910 | 2,910 | 16,268 | 19,056 | 12,733 | 41,573 | — | — | 93,450 | ||||||||||||||||||
550 - 619 | — | 1,303 | 6,506 | 1,903 | 2,477 | 11,685 | — | — | 23,874 | ||||||||||||||||||
Less than 550 | — | — | — | 2,894 | 2,006 | 6,686 | — | — | 11,586 | ||||||||||||||||||
No Score (3) | — | 9,081 | 20,505 | 11,400 | 6,006 | 58,777 | — | — | 105,769 | ||||||||||||||||||
Other (2) | 1,419 | 13,320 | 16,937 | 15,740 | 12,088 | 32,590 | 12,976 | — | 105,070 | ||||||||||||||||||
Total Residential Mortgage | 32,186 | 270,446 | 651,810 | 1,153,817 | 624,570 | 1,496,697 | 12,976 | — | 4,242,502 | ||||||||||||||||||
Current period gross charge-offs | — | — | — | — | — | — | — | — | — | ||||||||||||||||||
Home Equity Line | |||||||||||||||||||||||||||
FICO: | |||||||||||||||||||||||||||
740 and greater | — | — | — | — | — | — | 943,792 | 1,428 | 945,220 | ||||||||||||||||||
680 - 739 | — | — | — | — | — | — | 162,578 | 1,886 | 164,464 | ||||||||||||||||||
620 - 679 | — | — | — | — | — | — | 33,728 | 927 | 34,655 | ||||||||||||||||||
550 - 619 | — | — | — | — | — | — | 13,382 | 971 | 14,353 | ||||||||||||||||||
Less than 550 | — | — | — | — | — | — | 5,392 | 296 | 5,688 | ||||||||||||||||||
No Score (3) | — | — | — | — | — | — | 1,398 | — | 1,398 | ||||||||||||||||||
Total Home Equity Line | — | — | — | — | — | — | 1,160,270 | 5,508 | 1,165,778 | ||||||||||||||||||
Current period gross charge-offs | — | — | — | — | — | — | — | — | — | ||||||||||||||||||
Total Residential Lending | $ | 32,186 | $ | 270,446 | $ | 651,810 | $ | 1,153,817 | $ | 624,570 | $ | 1,496,697 | $ | 1,173,246 | $ | 5,508 | $ | 5,408,280 | |||||||||
Current period gross charge-offs | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | |||||||||
Consumer Lending | |||||||||||||||||||||||||||
FICO: | |||||||||||||||||||||||||||
740 and greater | 18,671 | 82,551 | 113,914 | 66,175 | 28,100 | 22,442 | 116,198 | 138 | 448,189 | ||||||||||||||||||
680 - 739 | 13,464 | 64,229 | 64,623 | 33,167 | 14,755 | 13,951 | 75,151 | 439 | 279,779 | ||||||||||||||||||
620 - 679 | 4,293 | 28,729 | 27,210 | 15,641 | 6,793 | 10,003 | 35,179 | 791 | 128,639 | ||||||||||||||||||
550 - 619 | 620 | 6,973 | 11,551 | 7,621 | 4,025 | 6,289 | 13,452 | 795 | 51,326 | ||||||||||||||||||
Less than 550 | 110 | 2,634 | 6,734 | 5,075 | 2,837 | 4,179 | 5,782 | 646 | 27,997 | ||||||||||||||||||
No Score (3) | 733 | 839 | 209 | — | 9 | 16 | 39,466 | 256 | 41,528 | ||||||||||||||||||
Other (2) | — | 304 | 349 | 960 | 330 | 1,032 | 73,794 | — | 76,769 | ||||||||||||||||||
Total Consumer Lending | $ | 37,891 | $ | 186,259 | $ | 224,590 | $ | 128,639 | $ | 56,849 | $ | 57,912 | $ | 359,022 | $ | 3,065 | $ | 1,054,227 | |||||||||
Current period gross charge-offs | $ | — | $ | 437 | $ | 904 | $ | 496 | $ | 272 | $ | 769 | $ | 1,789 | $ | 187 | $ | 4,854 | |||||||||
Total Loans and Leases | $ | 191,272 | $ | 1,230,117 | $ | 2,477,391 | $ | 2,601,761 | $ | 1,140,137 | $ | 3,927,591 | $ | 2,712,398 | $ | 39,541 | $ | 14,320,208 | |||||||||
Current period gross charge-offs | $ | — | $ | 508 | $ | 1,018 | $ | 557 | $ | 324 | $ | 1,380 | $ | 1,789 | $ | 187 | $ | 5,763 |
旋轉 | |||||||||||||||||||||||||||
貸款 | |||||||||||||||||||||||||||
已轉換 | |||||||||||||||||||||||||||
定期貸款 | 旋轉 | 到學期 | |||||||||||||||||||||||||
按起始年劃分的攤銷成本基礎 | 貸款 | 貸款 | |||||||||||||||||||||||||
(續) | 攤銷 | 攤銷 | |||||||||||||||||||||||||
(以千美元計) | 2024 | 2023 | 2022 | 2021 | 2020 | 優先的 | 成本基礎 | 成本基礎 | 總計 | ||||||||||||||||||
住宅貸款 | |||||||||||||||||||||||||||
住宅抵押貸款 | |||||||||||||||||||||||||||
FICO: | |||||||||||||||||||||||||||
740 及更高版本 | $ | 28,332 | $ | 207,263 | $ | 524,402 | $ | 987,343 | $ | 521,598 | $ | 1,186,496 | $ | — | $ | — | $ | 3,455,434 | |||||||||
680-739 | 1,525 | 36,569 | 67,192 | 115,481 | 67,662 | 158,890 | — | — | 447,319 | ||||||||||||||||||
620-679 | 910 | 2,910 | 16,268 | 19,056 | 12,733 | 41,573 | — | — | 93,450 | ||||||||||||||||||
550-619 | — | 1,303 | 6,506 | 1,903 | 2,477 | 11,685 | — | — | 23,874 | ||||||||||||||||||
小於 550 | — | — | — | 2,894 | 2,006 | 6,686 | — | — | 11,586 | ||||||||||||||||||
沒有得分 (3) | — | 9,081 | 20,505 | 11,400 | 6,006 | 58,777 | — | — | 105,769 | ||||||||||||||||||
其他 (2) | 1,419 | 13,320 | 16,937 | 15,740 | 12,088 | 32,590 | 12,976 | — | 105,070 | ||||||||||||||||||
住宅抵押貸款總額 | 32,186 | 270,446 | 651,810 | 1,153,817 | 624,570 | 1,496,697 | 12,976 | — | 4,242,502 | ||||||||||||||||||
本期扣除總額 | — | — | — | — | — | — | — | — | — | ||||||||||||||||||
房屋淨值專線 | |||||||||||||||||||||||||||
FICO: | |||||||||||||||||||||||||||
740 及更高版本 | — | — | — | — | — | — | 943,792 | 1,428 | 945,220 | ||||||||||||||||||
680-739 | — | — | — | — | — | — | 162,578 | 1,886 | 164,464 | ||||||||||||||||||
620-679 | — | — | — | — | — | — | 33,728 | 927 | 34,655 | ||||||||||||||||||
550-619 | — | — | — | — | — | — | 13,382 | 971 | 14,353 | ||||||||||||||||||
小於 550 | — | — | — | — | — | — | 5,392 | 296 | 5,688 | ||||||||||||||||||
沒有得分 (3) | — | — | — | — | — | — | 1,398 | — | 1,398 | ||||||||||||||||||
房屋淨值總額度 | — | — | — | — | — | — | 1,160,270 | 5,508 | 1,165,778 | ||||||||||||||||||
本期扣除總額 | — | — | — | — | — | — | — | — | — | ||||||||||||||||||
住宅貸款總額 | $ | 32,186 | $ | 270,446 | $ | 651,810 | $ | 1,153,817 | $ | 624,570 | $ | 1,496,697 | $ | 1,173,246 | $ | 5,508 | $ | 5,408,280 | |||||||||
本期扣除總額 | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | |||||||||
消費者貸款 | |||||||||||||||||||||||||||
FICO: | |||||||||||||||||||||||||||
740 及更高版本 | 18,671 | 82,551 | 113,914 | 66,175 | 28,100 | 22,442 | 116,198 | 138 | 448,189 | ||||||||||||||||||
680-739 | 13,464 | 64,229 | 64,623 | 33,167 | 14,755 | 13,951 | 75,151 | 439 | 279,779 | ||||||||||||||||||
620-679 | 4,293 | 28,729 | 27,210 | 15,641 | 6,793 | 10,003 | 35,179 | 791 | 128,639 | ||||||||||||||||||
550-619 | 620 | 6,973 | 11,551 | 7,621 | 4,025 | 6,289 | 13,452 | 795 | 51,326 | ||||||||||||||||||
小於 550 | 110 | 2,634 | 6,734 | 5,075 | 2,837 | 4,179 | 5,782 | 646 | 27,997 | ||||||||||||||||||
沒有得分 (3) | 733 | 839 | 209 | — | 9 | 16 | 39,466 | 256 | 41,528 | ||||||||||||||||||
其他 (2) | — | 304 | 349 | 960 | 330 | 1,032 | 73,794 | — | 76,769 | ||||||||||||||||||
消費者貸款總額 | $ | 37,891 | $ | 186,259 | $ | 224,590 | $ | 128,639 | $ | 56,849 | $ | 57,912 | $ | 359,022 | $ | 3,065 | $ | 1,054,227 | |||||||||
本期扣除總額 | $ | — | $ | 437 | $ | 904 | $ | 496 | $ | 272 | $ | 769 | $ | 1,789 | $ | 187 | $ | 4,854 | |||||||||
貸款和租賃總額 | $ | 191,272 | $ | 1,230,117 | $ | 2,477,391 | $ | 2,601,761 | $ | 1,140,137 | $ | 3,927,591 | $ | 2,712,398 | $ | 39,541 | $ | 14,320,208 | |||||||||
本期扣除總額 | $ | — | $ | 508 | $ | 1,018 | $ | 557 | $ | 324 | $ | 1,380 | $ | 1,789 | $ | 187 | $ | 5,763 |
_____________________________
_____________________
(1) Other credit quality indicators used for monitoring purposes are primarily FICO scores. The majority of the loans in this population were originated to borrowers with a prime FICO score.
(1) 用於監控目的的其他信用質量指標主要是FICO分數。該人群中的大多數貸款來自FICO評分最高的借款人。
(2) Other credit quality indicators used for monitoring purposes are primarily internal risk ratings. The majority of the loans in this population were graded with a "Pass" rating.
(2) 用於監測目的的其他信用質量指標主要是內部風險評級。該人群中的大多數貸款的評級均爲 “及格”。
(3) No FICO scores are primarily related to loans and leases extended to non-residents. Loans and leases of this nature are primarily secured by collateral and/or are closely monitored for performance.
(3) 無FICO分數主要與向非居民提供的貸款和租賃有關。這種性質的貸款和租賃主要由抵押品擔保和/或對其績效進行密切監測。
GAAP to Non-GAAP Reconciliation | Table 12 | |||||||||
For the Three Months Ended | ||||||||||
March 31, | December 31, | March 31, | ||||||||
(dollars in thousands) | 2024 | 2023 | 2023 | |||||||
Income Statement Data: | ||||||||||
Net income | $ | 54,220 | $ | 47,502 | $ | 66,818 | ||||
Average total stockholders' equity | $ | 2,496,840 | $ | 2,374,669 | $ | 2,299,422 | ||||
Less: average goodwill | 995,492 | 995,492 | 995,492 | |||||||
Average tangible stockholders' equity | $ | 1,501,348 | $ | 1,379,177 | $ | 1,303,930 | ||||
Average total assets | $ | 24,187,207 | $ | 24,404,727 | $ | 24,548,124 | ||||
Less: average goodwill | 995,492 | 995,492 | 995,492 | |||||||
Average tangible assets | $ | 23,191,715 | $ | 23,409,235 | $ | 23,552,632 | ||||
Return on average total stockholders' equity(1) | 8.73% | 7.94% | 11.78% | |||||||
Return on average tangible stockholders' equity (non-GAAP)(1) | 14.53% | 13.66% | 20.78% | |||||||
Return on average total assets(1) | 0.90% | 0.77% | 1.10% | |||||||
Return on average tangible assets (non-GAAP)(1) | 0.94% | 0.81% | 1.15% |
GAAP 與非 GAAP 的對賬 | 表 12 | |||||||||
在已結束的三個月中 | ||||||||||
3月31日 | 十二月 31, | 3月31日 | ||||||||
(以千美元計) | 2024 | 2023 | 2023 | |||||||
損益表數據: | ||||||||||
淨收入 | $ | 54,220 | $ | 47,502 | $ | 66,818 | ||||
平均股東權益總額 | $ | 2,496,840 | $ | 2,374,669 | $ | 2,299,422 | ||||
減去:平均商譽 | 995,492 | 995,492 | 995,492 | |||||||
平均有形股東權益 | $ | 1,501,348 | $ | 1,379,177 | $ | 1,303,930 | ||||
平均總資產 | $ | 24,187,207 | $ | 24,404,727 | $ | 24,548,124 | ||||
減去:平均商譽 | 995,492 | 995,492 | 995,492 | |||||||
平均有形資產 | $ | 23,191,715 | $ | 23,409,235 | $ | 23,552,632 | ||||
股東權益總額的平均回報率(1) | 8.73% | 7.94% | 11.78% | |||||||
平均有形股東權益回報率(非公認會計准則)(1) | 14.53% | 13.66% | 20.78% | |||||||
平均總資產回報率(1) | 0.90% | 0.77% | 1.10% | |||||||
平均有形資產回報率(非公認會計准則)(1) | 0.94% | 0.81% | 1.15% |
As of | As of | As of | ||||||||
March 31, | December 31, | March 31, | ||||||||
(dollars in thousands, except per share amounts) | 2024 | 2023 | 2023 | |||||||
Balance Sheet Data: | ||||||||||
Total stockholders' equity | $ | 2,513,761 | $ | 2,486,066 | $ | 2,329,012 | ||||
Less: goodwill | 995,492 | 995,492 | 995,492 | |||||||
Tangible stockholders' equity | $ | 1,518,269 | $ | 1,490,574 | $ | 1,333,520 | ||||
Total assets | $ | 24,279,186 | $ | 24,926,474 | $ | 24,884,207 | ||||
Less: goodwill | 995,492 | 995,492 | 995,492 | |||||||
Tangible assets | $ | 23,283,694 | $ | 23,930,982 | $ | 23,888,715 | ||||
Shares outstanding | 127,841,908 | 127,618,761 | 127,573,680 | |||||||
Total stockholders' equity to total assets | 10.35% | 9.97% | 9.36% | |||||||
Tangible stockholders' equity to tangible assets (non-GAAP) | 6.52% | 6.23% | 5.58% | |||||||
Book value per share | $ | 19.66 | $ | 19.48 | $ | 18.26 | ||||
Tangible book value per share (non-GAAP) | $ | 11.88 | $ | 11.68 | $ | 10.45 |
截至截至 | 截至截至 | 截至截至 | ||||||||
3月31日 | 十二月 31, | 3月31日 | ||||||||
(千美元,每股金額除外) | 2024 | 2023 | 2023 | |||||||
資產負債表數據: | ||||||||||
股東權益總額 | $ | 2,513,761 | $ | 2,486,066 | $ | 2,329,012 | ||||
減去:商譽 | 995,492 | 995,492 | 995,492 | |||||||
有形股東權益 | $ | 1,518,269 | $ | 1,490,574 | $ | 1,333,520 | ||||
總資產 | $ | 24,279,186 | $ | 24,926,474 | $ | 24,884,207 | ||||
減去:商譽 | 995,492 | 995,492 | 995,492 | |||||||
有形資產 | $ | 23,283,694 | $ | 23,930,982 | $ | 23,888,715 | ||||
已發行股票 | 127,841,908 | 127,618,761 | 127,573,680 | |||||||
股東權益總額與總資產之比 | 10.35% | 9.97% | 9.36% | |||||||
有形股東權益佔有形資產(非公認會計准則) | 6.52% | 6.23% | 5.58% | |||||||
每股賬面價值 | $ | 19.66 | $ | 19.48 | $ | 18.26 | ||||
每股有形賬面價值(非公認會計准則) | $ | 11.88 | $ | 11.68 | $ | 10.45 |
_____________________________
_____________________
(1) Annualized for the three months ended March 31, 2024, December 31, 2023 and March 31, 2023.
(1) 截至2024年3月31日、2023年12月31日和2023年3月31日的三個月按年計算。
Source: First Hawaiian, Inc.
資料來源:第一夏威夷公司