Attached files
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8-K - 8-K - WASHINGTON FEDERAL INC | dec312018wafdearningsrelea.htm |
EX-99.1 - EXHIBIT 99.1 - WASHINGTON FEDERAL INC | exhibit991_dec2018earnings.htm |
Washington Federal, Inc.
Fact Sheet
December 31, 2018
($ in Thousands)
Exhibit 99.2 | |||||||||||||||||||||||
As of 06/18 | As of 09/18 | As of 12/18 | |||||||||||||||||||||
Loan Loss Reserve - Total | $ | 135,416 | $ | 136,507 | $ | 137,415 | |||||||||||||||||
General and Specific Allowance | 128,666 | 129,257 | 131,165 | ||||||||||||||||||||
Commitments Reserve | 6,750 | 7,250 | 6,250 | ||||||||||||||||||||
Allowance and Reserve as a % of Gross Loans | 1.06 | % | 1.06 | % | 1.06 | % | |||||||||||||||||
06/18 QTR | 06/18 YTD | 09/18 QTR | 09/18 YTD | 12/18 QTR | 12/18 YTD | ||||||||||||||||||
Loan Originations - Total | $ | 1,095,907 | $ | 2,868,476 | $ | 965,518 | $ | 3,833,994 | $ | 1,044,766 | $ | 1,044,766 | |||||||||||
Single-Family Residential | 164,118 | 461,459 | 159,972 | 621,431 | 130,605 | 130,605 | |||||||||||||||||
Construction | 346,254 | 836,039 | 232,404 | 1,068,443 | 257,222 | 257,222 | |||||||||||||||||
Construction - Custom | 151,905 | 379,737 | 144,214 | 523,951 | 110,585 | 110,585 | |||||||||||||||||
Land - Acquisition & Development | 26,381 | 67,838 | 17,370 | 85,208 | 41,773 | 41,773 | |||||||||||||||||
Land - Consumer Lot Loans | 10,036 | 26,183 | 7,637 | 33,820 | 8,777 | 8,777 | |||||||||||||||||
Multi-Family | 59,758 | 183,412 | 88,634 | 272,046 | 46,408 | 46,408 | |||||||||||||||||
Commercial Real Estate | 81,511 | 227,178 | 47,064 | 274,242 | 127,659 | 127,659 | |||||||||||||||||
Commercial & Industrial | 230,853 | 623,340 | 245,997 | 869,337 | 291,572 | 291,572 | |||||||||||||||||
HELOC | 24,208 | 60,924 | 21,584 | 82,508 | 29,493 | 29,493 | |||||||||||||||||
Consumer | 883 | 2,366 | 642 | 3,008 | 672 | 672 | |||||||||||||||||
Purchased Loans (including acquisitions) | $ | — | $ | 143,605 | $ | — | $ | 143,605 | $ | — | $ | — | |||||||||||
Net Loan Fee and Discount Accretion | $ | 4,498 | $ | 12,149 | $ | 3,050 | $ | 15,199 | $ | 2,850 | $ | 2,850 | |||||||||||
Repayments | |||||||||||||||||||||||
Loans | $ | 890,520 | $ | 2,493,714 | $ | 842,182 | $ | 3,335,896 | $ | 871,794 | $ | 871,794 | |||||||||||
MBS | 82,983 | 260,235 | 77,803 | 338,038 | 69,503 | 69,503 | |||||||||||||||||
MBS Premium Amortization | $ | 1,987 | $ | 6,511 | $ | 1,997 | $ | 8,508 | $ | 1,500 | $ | 1,500 | |||||||||||
Efficiency | |||||||||||||||||||||||
Operating Expenses/Average Assets | 1.70 | % | 1.67 | % | 1.77 | % | 1.69 | % | 1.79 | % | 1.79 | % | |||||||||||
Efficiency Ratio (%) | 50.62 | % | 49.51 | % | 52.94 | % | 50.37 | % | 51.88 | % | 51.88 | % | |||||||||||
Amortization of Intangibles | $ | 506 | $ | 1,696 | $ | 510 | $ | 2,206 | $ | 510 | $ | 510 | |||||||||||
EOP Numbers | |||||||||||||||||||||||
Shares Issued and Outstanding | 83,534,098 | 82,710,911 | 81,123,582 | ||||||||||||||||||||
Share repurchase information | |||||||||||||||||||||||
Remaining shares authorized for repurchase | 2,855,765 | 2,032,598 | 292,406 | ||||||||||||||||||||
Shares repurchased | 1,224,384 | 4,045,190 | 823,167 | 4,868,357 | 1,740,192 | 1,740,192 | |||||||||||||||||
Average share repurchase price | $ | 32.64 | $ | 33.85 | $ | 33.17 | $ | 33.74 | $ | 28.12 | $ | 28.12 |
1
Washington Federal, Inc.
Fact Sheet
December 31, 2018
($ in Thousands)
Tangible Common Book Value | As of 06/18 | As of 09/18 | As of 12/18 | |||||||||||||||
$ Amount | $ | 1,674,467 | $ | 1,685,622 | $ | 1,672,313 | ||||||||||||
Per Share | 20.05 | 20.38 | 20.61 | |||||||||||||||
# of Employees | 1,869 | 1,877 | 1,910 | |||||||||||||||
Investments | ||||||||||||||||||
Available-for-sale: | ||||||||||||||||||
Agency MBS | $ | 831,914 | $ | 899,502 | $ | 1,005,037 | ||||||||||||
Other | 423,487 | 415,455 | 446,303 | |||||||||||||||
$ | 1,255,401 | $ | 1,314,957 | $ | 1,451,340 | |||||||||||||
Held-to-maturity: | ||||||||||||||||||
Agency MBS | $ | 1,670,450 | $ | 1,625,420 | $ | 1,586,815 | ||||||||||||
$ | 1,670,450 | $ | 1,625,420 | $ | 1,586,815 | |||||||||||||
As of 06/18 | As of 09/18 | As of 12/18 | ||||||||||||||||
Loans Receivable by Category | AMOUNT | % | AMOUNT | % | AMOUNT | % | ||||||||||||
Single-Family Residential | $ | 5,745,598 | 45.1% | $ | 5,798,966 | 45.1% | $ | 5,844,963 | 44.9% | |||||||||
Construction | 1,885,034 | 14.8 | 1,890,668 | 14.7 | 1,841,674 | 14.1 | ||||||||||||
Construction - Custom | 612,688 | 4.8 | 624,479 | 4.9 | 607,071 | 4.7 | ||||||||||||
Land - Acquisition & Development | 150,936 | 1.2 | 155,204 | 1.2 | 181,323 | 1.4 | ||||||||||||
Land - Consumer Lot Loans | 103,118 | 0.8 | 102,036 | 0.8 | 100,563 | 0.8 | ||||||||||||
Multi-Family | 1,346,534 | 10.6 | 1,385,125 | 10.8 | 1,405,172 | 10.8 | ||||||||||||
Commercial Real Estate | 1,435,418 | 11.3 | 1,452,168 | 11.3 | 1,526,887 | 11.7 | ||||||||||||
Commercial & Industrial | 1,133,075 | 8.9 | 1,140,874 | 8.9 | 1,213,738 | 9.3 | ||||||||||||
HELOC | 136,766 | 1.1 | 130,852 | 1.0 | 136,856 | 1.1 | ||||||||||||
Consumer | 188,125 | 1.5 | 173,306 | 1.3 | 162,221 | 1.2 | ||||||||||||
12,737,292 | 100% | 12,853,678 | 100% | 13,020,468 | 100% | |||||||||||||
Less: | ||||||||||||||||||
ALL | 128,666 | 129,257 | 131,165 | |||||||||||||||
Loans in Process | 1,230,132 | 1,195,506 | 1,138,308 | |||||||||||||||
Net Deferred Fees, Costs and Discounts | 52,523 | 51,834 | 50,756 | |||||||||||||||
Sub-Total | 1,411,321 | 1,376,597 | 1,320,229 | |||||||||||||||
$ | 11,325,971 | $ | 11,477,081 | $ | 11,700,239 | |||||||||||||
Net Loan Portfolio by Category | AMOUNT | % | AMOUNT | % | AMOUNT | % | ||||||||||||
Single-Family Residential | $ | 5,686,546 | 50.2% | $ | 5,741,936 | 50.0% | $ | 5,790,114 | 49.5% | |||||||||
Construction | 974,339 | 8.6 | 1,023,914 | 8.9 | 1,008,587 | 8.6 | ||||||||||||
Construction - Custom | 281,320 | 2.5 | 284,832 | 2.5 | 295,329 | 2.5 | ||||||||||||
Land - Acquisition & Development | 113,186 | 1.0 | 114,956 | 1.0 | 135,772 | 1.2 | ||||||||||||
Land - Consumer Lot Loans | 99,708 | 0.9 | 99,332 | 0.9 | 97,905 | 0.8 | ||||||||||||
Multi-Family | 1,332,874 | 11.8 | 1,371,187 | 11.9 | 1,391,787 | 11.9 | ||||||||||||
Commercial Real Estate | 1,417,881 | 12.5 | 1,434,460 | 12.5 | 1,508,225 | 12.9 | ||||||||||||
Commercial & Industrial | 1,100,891 | 9.7 | 1,107,571 | 9.7 | 1,178,727 | 10.1 | ||||||||||||
HELOC | 135,391 | 1.2 | 129,544 | 1.1 | 135,258 | 1.2 | ||||||||||||
Consumer | 183,835 | 1.6 | 169,349 | 1.5 | 158,535 | 1.4 | ||||||||||||
$ | 11,325,971 | 100% | $ | 11,477,081 | 100% | $ | 11,700,239 | 100% |
2
Washington Federal, Inc.
Fact Sheet
December 31, 2018
($ in Thousands)
As of 06/30/18 | As of 09/30/18 | As of 12/31/18 | ||||||||||||||||||||||||||||
Deposits by State | AMOUNT | % | # | AMOUNT | % | # | AMOUNT | % | # | |||||||||||||||||||||
Washington | $ | 5,920,446 | 52.5 | % | 81 | $ | 5,967,219 | 52.4 | % | 80 | $ | 6,106,095 | 52.8 | % | 80 | |||||||||||||||
Idaho | 785,183 | 7.0 | 24 | 801,473 | 7.0 | 24 | 804,721 | 7.0 | 24 | |||||||||||||||||||||
Oregon | 1,807,275 | 16.0 | 46 | 1,835,782 | 16.1 | 46 | 1,841,280 | 15.9 | 46 | |||||||||||||||||||||
Utah | 266,200 | 2.4 | 10 | 266,934 | 2.3 | 10 | 270,681 | 2.3 | 10 | |||||||||||||||||||||
Nevada | 340,063 | 3.0 | 11 | 340,204 | 3.0 | 11 | 345,744 | 3.0 | 11 | |||||||||||||||||||||
Texas | 102,371 | 0.9 | 6 | 100,360 | 0.9 | 6 | 100,517 | 0.9 | 6 | |||||||||||||||||||||
Arizona | 1,203,224 | 10.7 | 31 | 1,205,696 | 10.6 | 31 | 1,216,157 | 10.5 | 31 | |||||||||||||||||||||
New Mexico | 862,711 | 7.6 | 27 | 869,478 | 7.6 | 27 | 876,497 | 7.6 | 27 | |||||||||||||||||||||
Total | $ | 11,287,473 | 100% | 236 | $ | 11,387,146 | 100% | 235 | $ | 11,561,692 | 100% | 235 | ||||||||||||||||||
Deposits by Type | AMOUNT | % | AMOUNT | % | AMOUNT | % | ||||||||||||||||||||||||
Checking (non-interest) | $ | 1,460,096 | 12.9 | % | $ | 1,401,226 | 12.3 | % | $ | 1,409,236 | 12.2 | % | ||||||||||||||||||
NOW (interest) | 1,787,035 | 15.8 | 1,778,520 | 15.6 | 1,881,740 | 16.3 | ||||||||||||||||||||||||
Savings | 865,102 | 7.7 | 836,501 | 7.3 | 807,608 | 7.0 | ||||||||||||||||||||||||
Money Market | 2,460,533 | 21.8 | 2,566,096 | 22.5 | 2,645,762 | 22.9 | ||||||||||||||||||||||||
Time Deposits | 4,714,707 | 41.8 | 4,804,803 | 42.2 | 4,817,346 | 41.7 | ||||||||||||||||||||||||
Total | $ | 11,287,473 | 100% | $ | 11,387,146 | 100% | $ | 11,561,692 | 100% | |||||||||||||||||||||
Deposits greater than $250,000 - EOP | $ | 3,000,724 | $ | 3,088,231 | $ | 3,285,153 | ||||||||||||||||||||||||
Time Deposit Repricing | Amount | Rate | Amount | Rate | Amount | Rate | ||||||||||||||||||||||||
Within 3 months | $ | 726,989 | 0.90 | % | $ | 965,279 | 1.10 | % | $ | 638,166 | 1.08 | % | ||||||||||||||||||
From 4 to 6 months | 972,317 | 1.11 | % | 623,970 | 1.05 | % | 672,184 | 1.45 | % | |||||||||||||||||||||
From 7 to 9 months | 455,450 | 1.06 | % | 441,633 | 1.34 | % | 730,877 | 1.68 | % | |||||||||||||||||||||
From 10 to 12 months | 379,439 | 1.24 | % | 685,872 | 1.62 | % | 929,006 | 1.85 | % | |||||||||||||||||||||
Non-Performing Assets | AMOUNT | % | AMOUNT | % | AMOUNT | % | ||||||||||||||||||||||||
Non-accrual loans: | ||||||||||||||||||||||||||||||
Single-Family Residential | $ | 26,119 | 43.1% | $ | 27,643 | 49.6% | $ | 24,748 | 48.1% | |||||||||||||||||||||
Construction | 1,841 | 3.0 | 2,427 | 4.4 | 1,380 | 2.7 | ||||||||||||||||||||||||
Construction - Custom | — | — | — | — | — | — | ||||||||||||||||||||||||
Land - Acquisition & Development | 1,757 | 2.9 | 920 | 1.7 | 438 | 0.9 | ||||||||||||||||||||||||
Land - Consumer Lot Loans | 642 | 1.1 | 787 | 1.4 | 785 | 1.5 | ||||||||||||||||||||||||
Multi-Family | — | — | — | — | — | — | ||||||||||||||||||||||||
Commercial Real Estate | 9,684 | 16.0 | 8,971 | 16.1 | 9,478 | 18.4 | ||||||||||||||||||||||||
Commercial & Industrial | 19,876 | 32.8 | 14,394 | 25.8 | 13,995 | 27.2 | ||||||||||||||||||||||||
HELOC | 637 | 1.1 | 523 | 0.9 | 599 | 1.2 | ||||||||||||||||||||||||
Consumer | 28 | — | 21 | — | 27 | 0.1 | ||||||||||||||||||||||||
Total non-accrual loans | 60,584 | 100% | 55,686 | 100% | 51,450 | 100% | ||||||||||||||||||||||||
Real Estate Owned | 11,275 | 11,298 | 8,171 | |||||||||||||||||||||||||||
Other Property Owned | — | 3,109 | 3,109 | |||||||||||||||||||||||||||
Total non-performing assets | $ | 71,859 | $ | 70,093 | $ | 62,730 | ||||||||||||||||||||||||
Non-accrual loans as % of total net loans | 0.53 | % | 0.49 | % | 0.44 | % | ||||||||||||||||||||||||
Non-performing assets as % of total assets | 0.46 | % | 0.44 | % | 0.39 | % |
3
Washington Federal, Inc.
Fact Sheet
December 31, 2018
($ in Thousands)
As of 06/30/18 | As of 09/30/18 | As of 12/31/18 | |||||||||||||||||||
AMOUNT | % | AMOUNT | % | AMOUNT | % | ||||||||||||||||
Restructured loans: | |||||||||||||||||||||
Single-Family Residential | $ | 153,356 | 89.4% | $ | 139,797 | 89.1% | $ | 133,808 | 89.4% | ||||||||||||
Construction | — | — | — | — | — | — | |||||||||||||||
Construction - Custom | — | — | — | — | — | — | |||||||||||||||
Land - Acquisition & Development | — | — | 107 | 0.1 | 103 | 0.1 | |||||||||||||||
Land - Consumer Lot Loans | 5,136 | 3.0 | 4,916 | 3.1 | 4,601 | 3.1 | |||||||||||||||
Multi-Family | 461 | 0.3 | 448 | 0.3 | 435 | 0.3 | |||||||||||||||
Commercial Real Estate | 7,162 | 4.2 | 6,254 | 4.0 | 5,552 | 3.7 | |||||||||||||||
Commercial & Industrial | 3,924 | 2.3 | 4,290 | 2.7 | 4,159 | 2.8 | |||||||||||||||
HELOC | 1,491 | 0.9 | 976 | 0.6 | 968 | 0.6 | |||||||||||||||
Consumer | 73 | — | 70 | — | 67 | — | |||||||||||||||
Total restructured loans | $ | 171,603 | 100% | $ | 156,858 | 100% | $ | 149,693 | 100% | ||||||||||||
Restructured loans were as follows: | |||||||||||||||||||||
Performing | $ | 165,857 | 96.7% | $ | 150,667 | 96.1% | $ | 143,768 | 96.0% | ||||||||||||
Non-performing (a) | 5,746 | 3.3 | 6,191 | 3.9 | 5,925 | 4.0 | |||||||||||||||
Total restructured loans | $ | 171,603 | 100% | $ | 156,858 | 100% | $ | 149,693 | 100% | ||||||||||||
(a) Included in "Total non-accrual loans" above | |||||||||||||||||||||
AMOUNT | CO % (b) | AMOUNT | CO % (b) | AMOUNT | CO % (b) | ||||||||||||||||
Net Charge-offs (Recoveries) by Category | |||||||||||||||||||||
Single-Family Residential | $ | 16 | —% | $ | (49 | ) | —% | $ | (205 | ) | (0.01)% | ||||||||||
Construction | — | — | — | — | — | — | |||||||||||||||
Construction - Custom | — | — | — | — | — | — | |||||||||||||||
Land - Acquisition & Development | (2,687 | ) | (7.12) | (6,944 | ) | (17.90) | (1,782 | ) | (3.93) | ||||||||||||
Land - Consumer Lot Loans | (34 | ) | (0.13) | — | — | (193 | ) | (0.77) | |||||||||||||
Multi-Family | — | — | — | — | — | — | |||||||||||||||
Commercial Real Estate | (91 | ) | (0.03) | (97 | ) | (0.03) | (186 | ) | (0.05) | ||||||||||||
Commercial & Industrial | 2,884 | 1.02 | 30 | 0.01 | 146 | 0.05 | |||||||||||||||
HELOC | — | — | 596 | 1.82 | 885 | 2.59 | |||||||||||||||
Consumer | (178 | ) | (0.38) | (42 | ) | (0.10) | (73 | ) | (0.18) | ||||||||||||
Total net charge-offs (recoveries) | $ | (90 | ) | —% | $ | (6,506 | ) | (0.20)% | $ | (1,408 | ) | (0.04)% | |||||||||
(b) Annualized Net Charge-offs (recoveries) divided by Gross Balance | |||||||||||||||||||||
Interest Rate Risk | |||||||||||||||||||||
NPV post 200 bps shock (c) | 11.9 | % | 12.1 | % | 10.6 | % | |||||||||||||||
Change in NII after 200 bps shock (c) | (1.2 | )% | (2.3 | )% | (2.6 | )% | |||||||||||||||
(c) Assumes no balance sheet management actions taken |
4
Washington Federal, Inc.
Fact Sheet
December 31, 2018
($ in Thousands)
Historical CPR Rates (d) | |||||
WAFD | WAFD | ||||
Average for Quarter Ended: | SFR Mortgages | GSE MBS | |||
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 | % | |
12/31/2018 | 10.4 | % | 10.3 | % | |
(d) 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
December 31, 2018
Average Balance Sheet
($ in Thousands)
Quarter Ended | ||||||||||||||||||||||||||||||||
June 30, 2018 | September 30, 2018 | December 31, 2018 | ||||||||||||||||||||||||||||||
Average | Average | Average | Average | Average | Average | |||||||||||||||||||||||||||
Balance | Interest | Rate | Balance | Interest | Rate | Balance | Interest | Rate | ||||||||||||||||||||||||
Assets | ||||||||||||||||||||||||||||||||
Loans receivable | $ | 11,322,932 | $ | 131,541 | 4.66 | % | $ | 11,361,886 | $ | 133,226 | 4.65 | % | $ | 11,542,621 | $ | 137,065 | 4.71 | % | ||||||||||||||
Mortgage-backed securities | 2,550,004 | 18,022 | 2.83 | 2,512,555 | 17,819 | 2.81 | 2,592,535 | 19,192 | 2.94 | |||||||||||||||||||||||
Cash & investments | 584,918 | 4,077 | 2.80 | 612,575 | 4,439 | 2.87 | 579,580 | 4,752 | 3.25 | |||||||||||||||||||||||
FHLB & FRB Stock | 135,313 | 1,432 | 4.24 | 124,838 | 1,668 | 5.30 | 132,305 | 1,613 | 4.84 | |||||||||||||||||||||||
Total interest-earning assets | 14,593,167 | 155,072 | 4.26 | % | 14,611,854 | 157,152 | 4.27 | % | 14,847,041 | 162,622 | 4.35 | % | ||||||||||||||||||||
Other assets | 1,154,328 | 1,161,389 | 1,167,575 | |||||||||||||||||||||||||||||
Total assets | $ | 15,747,495 | $ | 15,773,243 | $ | 16,014,616 | ||||||||||||||||||||||||||
Liabilities and Equity | ||||||||||||||||||||||||||||||||
Customer accounts | $ | 11,075,998 | 18,887 | 0.68 | % | $ | 11,356,934 | 22,553 | 0.79 | % | $ | 11,436,685 | 26,579 | 0.92 | % | |||||||||||||||||
FHLB advances | 2,533,077 | 16,333 | 2.59 | 2,271,196 | 15,348 | 2.68 | 2,457,880 | 16,891 | 2.73 | |||||||||||||||||||||||
Total interest-bearing liabilities | 13,609,075 | 35,220 | 1.04 | % | 13,628,130 | 37,901 | 1.10 | % | 13,894,565 | 43,470 | 1.24 | % | ||||||||||||||||||||
Other liabilities | 142,557 | 142,180 | 129,396 | |||||||||||||||||||||||||||||
Total liabilities | 13,751,632 | 13,770,310 | 14,023,961 | |||||||||||||||||||||||||||||
Stockholders’ equity | 1,995,863 | 2,002,933 | 1,990,655 | |||||||||||||||||||||||||||||
Total liabilities and equity | $ | 15,747,495 | $ | 15,773,243 | $ | 16,014,616 | ||||||||||||||||||||||||||
Net interest income | $ | 119,852 | $ | 119,251 | $ | 119,152 | ||||||||||||||||||||||||||
Net interest margin (1) | 3.29 | % | 3.26 | % | 3.21 | % | ||||||||||||||||||||||||||
(1) Annualized net interest income divided by average interest-earning assets |
6
Washington Federal, Inc.
Fact Sheet
December 31, 2018
Delinquency Summary
($ in Thousands)
TYPE OF LOANS | AMOUNT OF LOANS | # OF LOANS | % based | % based | ||||||||||||||||||||||||||||
#LOANS | AVG Size | NET OF LIP & CHG-OFFs | 30 | 60 | 90 | Total | on # | $ Delinquent | on $ | |||||||||||||||||||||||
December 31, 2018 | ||||||||||||||||||||||||||||||||
Single-Family Residential | 24,795 | 236 | $ | 5,844,383 | 33 | 30 | 94 | 157 | 0.63 | % | $ | 27,150 | 0.46 | % | ||||||||||||||||||
Construction | 674 | 1,554 | 1,047,229 | — | — | 1 | 1 | 0.15 | 1,380 | 0.13 | ||||||||||||||||||||||
Construction - Custom | 1,187 | 252 | 299,622 | — | — | — | — | — | — | — | ||||||||||||||||||||||
Land - Acquisition & Development | 149 | 977 | 145,635 | — | — | 1 | 1 | 0.67 | 192 | 0.13 | ||||||||||||||||||||||
Land - Consumer Lot Loans | 1,177 | 85 | 100,440 | — | — | 5 | 5 | 0.42 | 483 | 0.48 | ||||||||||||||||||||||
Multi-Family | 1,155 | 1,217 | 1,405,149 | 2 | 1 | — | 3 | 0.26 | 1,625 | 0.12 | ||||||||||||||||||||||
Commercial Real Estate | 965 | 1,582 | 1,526,887 | 4 | 2 | 6 | 12 | 1.24 | 6,804 | 0.45 | ||||||||||||||||||||||
Commercial & Industrial | 1,897 | 640 | 1,213,738 | 9 | 5 | 28 | 42 | 2.21 | 10,302 | 0.85 | ||||||||||||||||||||||
HELOC | 2,868 | 48 | 136,856 | 7 | 5 | 12 | 24 | 0.84 | 1,368 | 1.00 | ||||||||||||||||||||||
Consumer | 2,993 | 54 | 162,221 | 23 | 10 | 33 | 66 | 2.21 | 275 | 0.17 | ||||||||||||||||||||||
37,860 | 314 | $ | 11,882,160 | 78 | 53 | 180 | 311 | 0.82 | % | $ | 49,579 | 0.42 | % | |||||||||||||||||||
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 | % |
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