STATEMENTS RE: COMPUTATION OF RATIOS
Net Income Per Share | = | Net Income/Average Common Shares Outstanding | |||
Cash Dividends Per Share | = | Dividends Paid/Actual Common Shares Outstanding | |||
Book Value Per Share | = | Total Shareholders’ Equity/Actual Common Shares Outstanding | |||
Return on Average Assets | = | Net Income/Average Assets | |||
Return on Average Shareholders’ Equity | = | Net Income/Average Shareholders’ Equity | |||
Net Interest Margin | = | Net Interest Income/Average Earning Assets | |||
Noninterest Expense to Average Assets | = | Noninterest Expense/Average Assets | |||
Dividend Payout | = | Dividends Declared/Net Income | |||
Average Shareholders’ Equity to Average Assets | = | Average Shareholders’ Equity/Average Assets | |||
Tier I Capital Ratio | = | Shareholders’ Equity - Net Unrealized Gains on Available for Sale Securities-Intangible Assets +Qualifying Capital Securities (Tier I Capital)/Risk Weighted Assets | |||
Total Capital Ratio | = | (Tier I Capital +Qualifying Tier II Capital Securities +Allowance for Loan Losses +Qualifying Portion of Unrealized Gains on Available for Sale Marketable Equity Securities)/Risk Weighted Assets | |||
Tier I Leverage Ratio | = | Tier I Capital/Average Assets | |||
Net Charge-offs to Average Loans | = | (Gross Charge-offs - Recoveries)/ Average Net Loans | |||
Non-performing Loans to Total Loans | = | (Nonaccrual Loans + Accruing Loans Past Due 90 Days or More )/ Loans Net of Unearned Income | |||
Non-performing Assets to Period End Assets | = | (Nonaccrual Loans + Accruing Loans Past Due 90 Days or More + Other Real Estate Owned + Other Repossessed Assets + Nonaccrual Securities)/Total Assets | |||
Allowance for Loan Losses to Period End Loans | = | Loan Loss Reserve/Loans Net of Unearned Income | |||
Allowance for Loan Losses to Non-Performing Loans | = | Loan Loss Reserve/(Nonaccrual Loans + Accruing Loans Past Due 90 Days or More ) |