Attached files
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EX-99.1 - EXHIBIT 99.1 - WASHINGTON FEDERAL INC | exhibit991_sep2018earnings.htm |
8-K - 8-K - WASHINGTON FEDERAL INC | sep302018wafdearningsrelea.htm |
Exhibit 99.2
Washington Federal, Inc.
Fact Sheet
September 30, 2018
($ in Thousands)
As of 03/18 | As of 06/18 | As of 09/18 | ||||||||||||||||||||||
Loan Loss Reserve - Total | $ | 134,326 | $ | 135,416 | $ | 136,507 | ||||||||||||||||||
General and Specific Allowance | 127,576 | 128,666 | 129,257 | |||||||||||||||||||||
Commitments Reserve | 6,750 | 6,750 | 7,250 | |||||||||||||||||||||
Allowance and Reserve as a % of Gross Loans | 1.07 | % | 1.06 | % | 1.06 | % | ||||||||||||||||||
03/18 QTR | 03/18 YTD | 06/18 QTR | 06/18 YTD | 09/18 QTR | 09/18 YTD | |||||||||||||||||||
Loan Originations - Total | $ | 819,017 | $ | 1,772,569 | $ | 1,095,907 | $ | 2,868,476 | $ | 965,518 | $ | 3,833,994 | ||||||||||||
Single-Family Residential | 139,255 | 297,341 | 164,118 | 461,459 | 159,972 | 621,431 | ||||||||||||||||||
Construction | 209,952 | 489,785 | 346,254 | 836,039 | 232,404 | 1,068,443 | ||||||||||||||||||
Construction - Custom | 128,112 | 227,832 | 151,905 | 379,737 | 144,214 | 523,951 | ||||||||||||||||||
Land - Acquisition & Development | 17,008 | 41,457 | 26,381 | 67,838 | 17,370 | 85,208 | ||||||||||||||||||
Land - Consumer Lot Loans | 6,868 | 16,147 | 10,036 | 26,183 | 7,637 | 33,820 | ||||||||||||||||||
Multi-Family | 36,068 | 123,654 | 59,758 | 183,412 | 88,634 | 272,046 | ||||||||||||||||||
Commercial Real Estate | 81,518 | 145,667 | 81,511 | 227,178 | 47,064 | 274,242 | ||||||||||||||||||
Commercial & Industrial | 180,423 | 392,487 | 230,853 | 623,340 | 245,997 | 869,337 | ||||||||||||||||||
HELOC | 19,065 | 36,716 | 24,208 | 60,924 | 21,584 | 82,508 | ||||||||||||||||||
Consumer | 748 | 1,483 | 883 | 2,366 | 642 | 3,008 | ||||||||||||||||||
Purchased Loans (including acquisitions) | $ | — | $ | 143,605 | $ | — | $ | 143,605 | $ | — | $ | 143,605 | ||||||||||||
Net Loan Fee and Discount Accretion | $ | 4,142 | $ | 7,651 | $ | 4,498 | $ | 12,149 | $ | 3,050 | $ | 15,199 | ||||||||||||
Repayments | ||||||||||||||||||||||||
Loans | $ | 743,611 | $ | 1,603,194 | $ | 890,520 | $ | 2,493,714 | $ | 842,182 | $ | 3,335,896 | ||||||||||||
MBS | 84,444 | 177,252 | 82,983 | 260,235 | 77,803 | 338,038 | ||||||||||||||||||
MBS Premium Amortization | $ | 2,318 | $ | 4,524 | $ | 1,987 | $ | 6,511 | $ | 1,997 | $ | 8,508 | ||||||||||||
Efficiency | ||||||||||||||||||||||||
Operating Expenses/Average Assets | 1.69 | % | 1.65 | % | 1.70 | % | 1.67 | % | 1.77 | % | 1.69 | % | ||||||||||||
Efficiency Ratio (%) (a) | 50.65 | % | 48.94 | % | 50.62 | % | 49.51 | % | 52.94 | % | 50.37 | % | ||||||||||||
Amortization of Intangibles | $ | 485 | $ | 1,190 | $ | 506 | $ | 1,696 | $ | 510 | $ | 2,206 | ||||||||||||
(a) Efficiency ratio for the year to date periods ending March 31, 2018, June 30, 2018 and September 30, 2018 excludes the impact of $8.55 million reduction to non-interest income related to FDIC loss share valuation adjustments. | ||||||||||||||||||||||||
EOP Numbers | ||||||||||||||||||||||||
Shares Issued and Outstanding | 84,749,203 | 83,534,098 | 82,710,911 | |||||||||||||||||||||
Share repurchase information | ||||||||||||||||||||||||
Remaining shares authorized for repurchase (b) | 4,080,149 | 2,855,765 | 2,032,598 | |||||||||||||||||||||
Shares repurchased | 1,673,436 | 2,820,806 | 1,224,384 | 4,045,190 | 823,167 | 4,868,357 | ||||||||||||||||||
Average share repurchase price | $ | 34.66 | $ | 34.38 | $ | 32.64 | $ | 33.85 | $ | 33.17 | $ | 33.74 | ||||||||||||
(b) Remaining shares authorized for repurchase reflects a reduction related to TARP warrants repurchased to date. |
1
Washington Federal, Inc.
Fact Sheet
September 30, 2018
($ in Thousands)
Tangible Common Book Value | As of 03/18 | As of 06/18 | As of 09/18 | ||||||||||||||
$ Amount | $ | 1,676,370 | $ | 1,674,467 | $ | 1,685,622 | |||||||||||
Per Share | 19.78 | 20.05 | 20.38 | ||||||||||||||
# of Employees | 1,855 | 1,869 | 1,877 | ||||||||||||||
Investments | |||||||||||||||||
Available-for-sale: | |||||||||||||||||
Agency MBS | $ | 875,183 | $ | 831,914 | $ | 899,502 | |||||||||||
Other | 394,088 | 423,487 | 415,455 | ||||||||||||||
$ | 1,269,271 | $ | 1,255,401 | $ | 1,314,957 | ||||||||||||
Held-to-maturity: | |||||||||||||||||
Agency MBS | $ | 1,716,566 | $ | 1,670,450 | $ | 1,625,420 | |||||||||||
$ | 1,716,566 | $ | 1,670,450 | $ | 1,625,420 | ||||||||||||
As of 03/31/18 | As of 06/30/18 | As of 09/30/18 | |||||||||||||||
Loans Receivable by Category | AMOUNT | % | AMOUNT | % | AMOUNT | % | |||||||||||
Single-Family Residential | $ | 5,705,350 | 45.5% | $ | 5,745,598 | 45.1% | $ | 5,798,966 | 45.1% | ||||||||
Construction | 1,732,202 | 13.8 | 1,885,034 | 14.8 | 1,890,668 | 14.7 | |||||||||||
Construction - Custom | 597,671 | 4.8 | 612,688 | 4.8 | 624,479 | 4.9 | |||||||||||
Land - Acquisition & Development | 141,628 | 1.1 | 150,936 | 1.2 | 155,204 | 1.2 | |||||||||||
Land - Consumer Lot Loans | 102,779 | 0.8 | 103,118 | 0.8 | 102,036 | 0.8 | |||||||||||
Multi-Family | 1,328,049 | 10.6 | 1,346,534 | 10.6 | 1,385,125 | 10.8 | |||||||||||
Commercial Real Estate | 1,443,437 | 11.5 | 1,435,418 | 11.3 | 1,452,168 | 11.3 | |||||||||||
Commercial & Industrial | 1,151,108 | 9.2 | 1,133,075 | 8.9 | 1,140,874 | 8.9 | |||||||||||
HELOC | 135,119 | 1.1 | 136,766 | 1.1 | 130,852 | 1.0 | |||||||||||
Consumer | 202,911 | 1.6 | 188,125 | 1.5 | 173,306 | 1.3 | |||||||||||
12,540,254 | 100% | 12,737,292 | 100% | 12,853,678 | 100% | ||||||||||||
Less: | |||||||||||||||||
ALL | 127,576 | 128,666 | 129,257 | ||||||||||||||
Loans in Process | 1,141,018 | 1,230,132 | 1,195,506 | ||||||||||||||
Net Deferred Fees, Costs and Discounts | 47,572 | 52,523 | 51,834 | ||||||||||||||
Sub-Total | 1,316,166 | 1,411,321 | 1,376,597 | ||||||||||||||
$ | 11,224,088 | $ | 11,325,971 | $ | 11,477,081 | ||||||||||||
Net Loan Portfolio by Category | AMOUNT | % | AMOUNT | % | AMOUNT | % | |||||||||||
Single-Family Residential | $ | 5,649,005 | 50.3% | $ | 5,686,546 | 50.2% | $ | 5,741,936 | 50.0% | ||||||||
Construction | 882,805 | 7.9 | 974,339 | 8.6 | 1,023,914 | 8.9 | |||||||||||
Construction - Custom | 291,387 | 2.6 | 281,320 | 2.5 | 284,832 | 2.5 | |||||||||||
Land - Acquisition & Development | 110,912 | 1.0 | 113,186 | 1.0 | 114,956 | 1.0 | |||||||||||
Land - Consumer Lot Loans | 99,453 | 0.9 | 99,708 | 0.9 | 99,332 | 0.9 | |||||||||||
Multi-Family | 1,315,064 | 11.7 | 1,332,874 | 11.8 | 1,371,187 | 11.9 | |||||||||||
Commercial Real Estate | 1,426,085 | 12.7 | 1,417,881 | 12.5 | 1,434,460 | 12.5 | |||||||||||
Commercial & Industrial | 1,117,211 | 10.0 | 1,100,891 | 9.7 | 1,107,571 | 9.7 | |||||||||||
HELOC | 133,798 | 1.2 | 135,391 | 1.2 | 129,544 | 1.1 | |||||||||||
Consumer | 198,368 | 1.8 | 183,835 | 1.6 | 169,349 | 1.5 | |||||||||||
$ | 11,224,088 | 100% | $ | 11,325,971 | 100% | $ | 11,477,081 | 100% |
2
Washington Federal, Inc.
Fact Sheet
September 30, 2018
($ in Thousands)
As of 03/31/18 | As of 06/30/18 | As of 09/30/18 | |||||||||||||||||||||||||||
Deposits by State | AMOUNT | % | # | AMOUNT | % | # | AMOUNT | % | # | ||||||||||||||||||||
Washington | $ | 5,612,276 | 50.4 | % | 81 | $ | 5,920,446 | 52.5 | % | 81 | $ | 5,967,219 | 52.4 | % | 80 | ||||||||||||||
Idaho | 792,940 | 7.1 | 24 | 785,183 | 7.0 | 24 | 801,473 | 7.0 | 24 | ||||||||||||||||||||
Oregon | 1,971,848 | 17.7 | 47 | 1,807,275 | 16.0 | 46 | 1,835,782 | 16.1 | 46 | ||||||||||||||||||||
Utah | 265,673 | 2.4 | 10 | 266,200 | 2.4 | 10 | 266,934 | 2.3 | 10 | ||||||||||||||||||||
Nevada | 340,842 | 3.1 | 11 | 340,063 | 3.0 | 11 | 340,204 | 3.0 | 11 | ||||||||||||||||||||
Texas | 102,480 | 0.9 | 6 | 102,371 | 0.9 | 6 | 100,360 | 0.9 | 6 | ||||||||||||||||||||
Arizona | 1,195,010 | 10.7 | 31 | 1,203,224 | 10.7 | 31 | 1,205,696 | 10.6 | 31 | ||||||||||||||||||||
New Mexico | 857,787 | 7.7 | 27 | 862,711 | 7.6 | 27 | 869,478 | 7.6 | 27 | ||||||||||||||||||||
Total | $ | 11,138,856 | 100% | 237 | $ | 11,287,473 | 100% | 236 | $ | 11,387,146 | 100% | 235 | |||||||||||||||||
Deposits by Type | AMOUNT | % | AMOUNT | % | AMOUNT | % | |||||||||||||||||||||||
Checking (non-interest) | $ | 1,325,035 | 11.9 | % | $ | 1,460,096 | 12.9 | % | $ | 1,401,226 | 12.3 | % | |||||||||||||||||
NOW (interest) | 1,818,177 | 16.3 | 1,787,035 | 15.8 | 1,778,520 | 15.6 | |||||||||||||||||||||||
Savings | 895,017 | 8.0 | 865,102 | 7.7 | 836,501 | 7.3 | |||||||||||||||||||||||
Money Market | 2,425,072 | 21.8 | 2,460,533 | 21.8 | 2,566,096 | 22.5 | |||||||||||||||||||||||
Time Deposits | 4,675,555 | 42.0 | 4,714,707 | 41.8 | 4,804,803 | 42.2 | |||||||||||||||||||||||
Total | $ | 11,138,856 | 100% | $ | 11,287,473 | 100% | $ | 11,387,146 | 100% | ||||||||||||||||||||
Deposits greater than $250,000 - EOP | $ | 2,832,268 | $ | 3,000,724 | $ | 3,088,231 | |||||||||||||||||||||||
Time Deposit Repricing | Amount | Rate | Amount | Rate | Amount | Rate | |||||||||||||||||||||||
Within 3 months | $ | 875,183 | 0.82 | % | $ | 726,989 | 0.90 | % | $ | 965,279 | 1.10 | % | |||||||||||||||||
From 4 to 6 months | 728,099 | 0.92 | % | 972,317 | 1.11 | % | 623,970 | 1.05 | % | ||||||||||||||||||||
From 7 to 9 months | 833,326 | 1.18 | % | 455,450 | 1.06 | % | 441,633 | 1.34 | % | ||||||||||||||||||||
From 10 to 12 months | 428,843 | 1.06 | % | 379,439 | 1.24 | % | 685,872 | 1.62 | % | ||||||||||||||||||||
Non-Performing Assets | AMOUNT | % | AMOUNT | % | AMOUNT | % | |||||||||||||||||||||||
Non-accrual loans: | |||||||||||||||||||||||||||||
Single-Family Residential | $ | 25,319 | 47.1% | $ | 26,119 | 43.1% | $ | 27,643 | 49.6% | ||||||||||||||||||||
Construction | 2,296 | 4.3 | 1,841 | 3.0 | 2,427 | 4.4 | |||||||||||||||||||||||
Construction - Custom | — | — | — | — | — | — | |||||||||||||||||||||||
Land - Acquisition & Development | 2,004 | 3.7 | 1,757 | 2.9 | 920 | 1.7 | |||||||||||||||||||||||
Land - Consumer Lot Loans | 1,045 | 1.9 | 642 | 1.1 | 787 | 1.4 | |||||||||||||||||||||||
Multi-Family | — | — | — | — | — | — | |||||||||||||||||||||||
Commercial Real Estate | 9,527 | 17.7 | 9,684 | 16.0 | 8,971 | 16.1 | |||||||||||||||||||||||
Commercial & Industrial | 13,362 | 24.8 | 19,876 | 32.8 | 14,394 | 25.8 | |||||||||||||||||||||||
HELOC | 217 | 0.4 | 637 | 1.1 | 523 | 0.9 | |||||||||||||||||||||||
Consumer | 38 | 0.1 | 28 | — | 21 | — | |||||||||||||||||||||||
Total non-accrual loans | 53,808 | 100% | 60,584 | 100% | 55,686 | 100% | |||||||||||||||||||||||
Real Estate Owned | 15,904 | 11,275 | 11,298 | ||||||||||||||||||||||||||
Other Property Owned | — | — | 3,109 | ||||||||||||||||||||||||||
Total non-performing assets | $ | 69,712 | $ | 71,859 | $ | 70,093 | |||||||||||||||||||||||
Non-performing loans as % of total net loans | 0.48 | % | 0.53 | % | 0.49 | % | |||||||||||||||||||||||
Non-performing assets as % of total assets | 0.45 | % | 0.46 | % | 0.44 | % |
3
Washington Federal, Inc.
Fact Sheet
September 30, 2018
($ in Thousands)
As of 03/31/18 | As of 06/30/18 | As of 09/30/18 | |||||||||||||||||||
AMOUNT | % | AMOUNT | % | AMOUNT | % | ||||||||||||||||
Restructured loans: | |||||||||||||||||||||
Single-Family Residential | $ | 162,874 | 85.5% | $ | 153,356 | 89.4% | $ | 139,797 | 89.1% | ||||||||||||
Construction | — | — | — | — | — | — | |||||||||||||||
Construction - Custom | — | — | — | — | — | — | |||||||||||||||
Land - Acquisition & Development | — | — | — | — | 107 | 0.1 | |||||||||||||||
Land - Consumer Lot Loans | 6,837 | 3.6 | 5,136 | 3.0 | 4,916 | 3.1 | |||||||||||||||
Multi-Family | 474 | 0.2 | 461 | 0.3 | 448 | 0.3 | |||||||||||||||
Commercial Real Estate | 11,818 | 6.2 | 7,162 | 4.2 | 6,254 | 4.0 | |||||||||||||||
Commercial & Industrial | 7,006 | 3.7 | 3,924 | 2.3 | 4,290 | 2.7 | |||||||||||||||
HELOC | 1,424 | 0.7 | 1,491 | 0.9 | 976 | 0.6 | |||||||||||||||
Consumer | 86 | — | 73 | — | 70 | — | |||||||||||||||
Total restructured loans | $ | 190,519 | 100% | $ | 171,603 | 100% | $ | 156,858 | 100% | ||||||||||||
Restructured loans were as follows: | |||||||||||||||||||||
Performing | $ | 186,057 | 97.7% | $ | 165,857 | 96.7% | $ | 150,667 | 96.1% | ||||||||||||
Non-performing (c) | 4,462 | 2.3 | 5,746 | 3.3 | 6,191 | 3.9 | |||||||||||||||
Total restructured loans | $ | 190,519 | 100% | $ | 171,603 | 100% | $ | 156,858 | 100% | ||||||||||||
(c) Included in "Total non-accrual loans" above | |||||||||||||||||||||
AMOUNT | CO % (d) | AMOUNT | CO % (d) | AMOUNT | CO % (d) | ||||||||||||||||
Net Charge-offs (Recoveries) by Category | |||||||||||||||||||||
Single-Family Residential | $ | 79 | 0.01% | $ | 16 | —% | $ | (49 | ) | —% | |||||||||||
Construction | — | — | — | — | — | — | |||||||||||||||
Construction - Custom | — | — | — | — | — | — | |||||||||||||||
Land - Acquisition & Development | (1,207 | ) | (3.41) | (2,687 | ) | (7.12) | (6,944 | ) | (17.90) | ||||||||||||
Land - Consumer Lot Loans | 18 | 0.07 | (34 | ) | (0.13) | — | — | ||||||||||||||
Multi-Family | — | — | — | — | — | — | |||||||||||||||
Commercial Real Estate | 35 | 0.01 | (91 | ) | (0.03) | (97 | ) | (0.03) | |||||||||||||
Commercial & Industrial | (115 | ) | (0.04) | 2,884 | 1.02 | 30 | 0.01 | ||||||||||||||
HELOC | 1 | — | — | — | 596 | 1.82 | |||||||||||||||
Consumer | (182 | ) | (0.36) | (178 | ) | (0.38) | (42 | ) | (0.10) | ||||||||||||
Total net charge-offs (recoveries) | $ | (1,371 | ) | (0.04)% | $ | (90 | ) | —% | $ | (6,506 | ) | (0.20)% | |||||||||
(d) Annualized Net Charge-offs (recoveries) divided by Gross Balance | |||||||||||||||||||||
Interest Rate Risk | |||||||||||||||||||||
One Year GAP | (13.9 | )% | (11.6 | )% | (10.7 | )% | |||||||||||||||
NPV post 200 bps shock (e) | 13.1 | % | 11.9 | % | 12.9 | % | |||||||||||||||
Change in NII after 200 bps shock (e) | 0.1 | % | (1.2 | )% | (1.9 | )% | |||||||||||||||
(e) Assumes no balance sheet management actions taken |
4
Washington Federal, Inc.
Fact Sheet
September 30, 2018
($ in Thousands)
Historical CPR Rates (f) | |||||
WAFD | WAFD | ||||
Average for Quarter Ended: | SFR Mortgages | GSE MBS | |||
9/30/2016 | 17.7 | % | 20.0 | % | |
12/31/2016 | 19.3 | % | 24.8 | % | |
3/31/2017 | 13.6 | % | 13.5 | % | |
6/30/2017 | 15.0 | % | 20.9 | % | |
9/30/2017 | 15.1 | % | 14.3 | % | |
12/31/2017 | 15.3 | % | 13.9 | % | |
3/31/2018 | 12.1 | % | 13.3 | % | |
6/30/2018 | 13.0 | % | 12.0 | % | |
9/30/2018 | 12.3 | % | 12.0 | % | |
(f) The CPR Rate (conditional payment rate) is the rate that is equal to the proportion of the principal of a pool of loans that is paid off prematurely in each period. |
5
Washington Federal, Inc.
Fact Sheet
September 30, 2018
Average Balance Sheet
($ in Thousands)
Quarter Ended | ||||||||||||||||||||||||||||||||
March 31, 2018 | June 30, 2018 | September 30, 2018 | ||||||||||||||||||||||||||||||
Average | Average | Average | Average | Average | Average | |||||||||||||||||||||||||||
Balance | Interest | Rate | Balance | Interest | Rate | Balance | Interest | Rate | ||||||||||||||||||||||||
Assets | ||||||||||||||||||||||||||||||||
Loans receivable | $ | 11,138,747 | $ | 126,529 | 4.61 | % | $ | 11,322,932 | $ | 131,541 | 4.66 | % | $ | 11,361,886 | $ | 133,226 | 4.65 | % | ||||||||||||||
Mortgage-backed securities | 2,592,340 | 17,667 | 2.76 | 2,550,004 | 18,022 | 2.83 | 2,512,555 | 17,819 | 2.81 | |||||||||||||||||||||||
Cash & investments | 579,628 | 3,668 | 2.57 | 584,918 | 4,077 | 2.80 | 612,575 | 4,439 | 2.87 | |||||||||||||||||||||||
FHLB & FRB Stock | 131,252 | 1,215 | 3.75 | 135,313 | 1,432 | 4.24 | 124,838 | 1,668 | 5.30 | |||||||||||||||||||||||
Total interest-earning assets | 14,441,967 | 149,079 | 4.19 | % | 14,593,167 | 155,072 | 4.26 | % | 14,611,854 | 157,152 | 4.27 | % | ||||||||||||||||||||
Other assets | 1,157,987 | 1,154,328 | 1,161,389 | |||||||||||||||||||||||||||||
Total assets | $ | 15,599,954 | $ | 15,747,495 | $ | 15,773,243 | ||||||||||||||||||||||||||
Liabilities and Equity | ||||||||||||||||||||||||||||||||
Customer accounts | 10,988,517 | 16,414 | 0.61 | % | 11,075,998 | 18,887 | 0.68 | % | 11,356,934 | 22,553 | 0.79 | % | ||||||||||||||||||||
FHLB advances | 2,431,556 | 15,364 | 2.56 | 2,533,077 | 16,333 | 2.59 | 2,271,196 | 15,348 | 2.68 | |||||||||||||||||||||||
Other borrowings | 33 | — | — | — | — | — | — | — | — | |||||||||||||||||||||||
Total interest-bearing liabilities | 13,420,106 | 31,778 | 0.96 | % | 13,609,075 | 35,220 | 1.04 | % | 13,628,130 | 37,901 | 1.10 | % | ||||||||||||||||||||
Other liabilities | 170,829 | 142,557 | 142,180 | |||||||||||||||||||||||||||||
Total liabilities | 13,590,935 | 13,751,632 | 13,770,310 | |||||||||||||||||||||||||||||
Stockholders’ equity | 2,009,019 | 1,995,863 | 2,002,933 | |||||||||||||||||||||||||||||
Total liabilities and equity | $ | 15,599,954 | $ | 15,747,495 | $ | 15,773,243 | ||||||||||||||||||||||||||
Net interest income | $ | 117,301 | $ | 119,852 | $ | 119,251 | ||||||||||||||||||||||||||
Net interest margin (1) | 3.25 | % | 3.29 | % | 3.26 | % | ||||||||||||||||||||||||||
(1) Annualized net interest income divided by average interest-earning assets |
6
Washington Federal, Inc.
Fact Sheet
September 30, 2018
Delinquency Summary
($ in Thousands)
AMOUNT OF LOANS | # OF LOANS | % based | % based | |||||||||||||||||||||||||||||
TYPE OF LOANS | #LOANS | AVG Size | NET OF LIP & CHG-OFFs | 30 | 60 | 90 | Total | on # | $ Delinquent | on $ | ||||||||||||||||||||||
September 30, 2018 | ||||||||||||||||||||||||||||||||
Single-Family Residential | 24,857 | 233 | $ | 5,798,353 | 54 | 18 | 89 | 161 | 0.65 | % | $ | 30,100 | 0.52 | % | ||||||||||||||||||
Construction | 632 | 1,682 | 1,062,855 | — | — | 4 | 4 | 0.63 | 2,427 | 0.23 | ||||||||||||||||||||||
Construction - Custom | 1,249 | 232 | 289,192 | — | — | — | — | — | — | — | ||||||||||||||||||||||
Land - Acquisition & Development | 126 | 981 | 123,560 | — | 1 | 2 | 3 | 2.38 | 940 | 0.76 | ||||||||||||||||||||||
Land - Consumer Lot Loans | 1,186 | 86 | 101,908 | 1 | 1 | 5 | 7 | 0.59 | 614 | 0.60 | ||||||||||||||||||||||
Multi-Family | 1,158 | 1,196 | 1,385,103 | — | — | — | — | — | — | — | ||||||||||||||||||||||
Commercial Real Estate | 932 | 1,558 | 1,452,169 | 1 | 2 | 6 | 9 | 0.97 | 3,223 | 0.22 | ||||||||||||||||||||||
Commercial & Industrial | 1,886 | 605 | 1,140,874 | 2 | 1 | 28 | 31 | 1.64 | 10,038 | 0.88 | ||||||||||||||||||||||
HELOC | 2,816 | 46 | 130,852 | 9 | 8 | 6 | 23 | 0.82 | 1,342 | 1.03 | ||||||||||||||||||||||
Consumer | 3,150 | 55 | 173,306 | 31 | 16 | 31 | 78 | 2.48 | 529 | 0.31 | ||||||||||||||||||||||
37,992 | 307 | $ | 11,658,172 | 98 | 47 | 171 | 316 | 0.83 | % | $ | 49,213 | 0.42 | % | |||||||||||||||||||
June 30, 2018 | ||||||||||||||||||||||||||||||||
Single-Family Residential | 24,922 | 231 | $ | 5,744,620 | 47 | 22 | 83 | 152 | 0.61 | % | $ | 29,658 | 0.52 | % | ||||||||||||||||||
Construction | 650 | 1,557 | 1,012,239 | — | 1 | 3 | 4 | 0.62 | 2,457 | 0.24 | ||||||||||||||||||||||
Construction - Custom | 1,230 | 232 | 285,858 | 1 | — | — | 1 | 0.08 | 171 | 0.06 | ||||||||||||||||||||||
Land - Acquisition & Development | 126 | 964 | 121,508 | — | 1 | 3 | 4 | 3.17 | 1,915 | 1.58 | ||||||||||||||||||||||
Land - Consumer Lot Loans | 1,190 | 87 | 103,040 | 2 | 1 | 6 | 9 | 0.76 | 737 | 0.72 | ||||||||||||||||||||||
Multi-Family | 1,145 | 1,176 | 1,346,512 | — | — | — | — | — | — | — | ||||||||||||||||||||||
Commercial Real Estate | 929 | 1,545 | 1,435,417 | 1 | — | 7 | 8 | 0.86 | 2,387 | 0.17 | ||||||||||||||||||||||
Commercial & Industrial | 1,886 | 601 | 1,133,075 | 2 | 2 | 25 | 29 | 1.54 | 6,595 | 0.58 | ||||||||||||||||||||||
HELOC | 2,839 | 48 | 136,766 | 11 | 5 | 21 | 37 | 1.30 | 1,360 | 0.99 | ||||||||||||||||||||||
Consumer | 3,410 | 55 | 188,125 | 26 | 20 | 100 | 146 | 4.28 | 352 | 0.19 | ||||||||||||||||||||||
38,327 | 300 | $ | 11,507,160 | 90 | 52 | 248 | 390 | 1.02 | % | $ | 45,632 | 0.40 | % | |||||||||||||||||||
March 31, 2018 | ||||||||||||||||||||||||||||||||
Single-Family Residential | 25,089 | 227 | $ | 5,704,505 | 35 | 18 | 97 | 150 | 0.60 | % | $ | 28,900 | 0.51 | % | ||||||||||||||||||
Construction | 682 | 1,344 | 916,662 | 1 | — | 7 | 8 | 1.17 | 3,243 | 0.35 | ||||||||||||||||||||||
Construction - Custom | 1,237 | 239 | 295,699 | — | — | — | — | — | — | — | ||||||||||||||||||||||
Land - Acquisition & Development | 128 | 930 | 119,063 | — | — | 4 | 4 | 3.13 | 1,863 | 1.56 | ||||||||||||||||||||||
Land - Consumer Lot Loans | 1,192 | 86 | 102,705 | 2 | — | 8 | 10 | 0.84 | 868 | 0.85 | ||||||||||||||||||||||
Multi-Family | 1,130 | 1,175 | 1,328,027 | 3 | 1 | 1 | 5 | 0.44 | 163 | 0.01 | ||||||||||||||||||||||
Commercial Real Estate | 935 | 1,544 | 1,443,437 | 3 | 1 | 5 | 9 | 0.96 | 1,978 | 0.14 | ||||||||||||||||||||||
Commercial & Industrial | 1,864 | 618 | 1,151,108 | 6 | 2 | 22 | 30 | 1.61 | 7,723 | 0.67 | ||||||||||||||||||||||
HELOC | 2,849 | 47 | 135,119 | 5 | 5 | 13 | 23 | 0.81 | 253 | 0.19 | ||||||||||||||||||||||
Consumer | 3,617 | 56 | 202,911 | 37 | 13 | 99 | 149 | 4.12 | 498 | 0.25 | ||||||||||||||||||||||
38,723 | 294 | $ | 11,399,236 | 92 | 40 | 256 | 388 | 1.00 | % | $ | 45,489 | 0.40 | % |
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