Washington Federal, Inc.
Fact Sheet
March 31, 2017
($ in Thousands)
As of 09/16 | As of 12/16 | As of 03/17 | |||||||||||||||||||||
Loan Loss Reserve - Total | $ | 116,729 | $ | 123,356 | $ | 126,972 | |||||||||||||||||
General and Specific Allowance | 113,494 | 118,456 | 121,922 | ||||||||||||||||||||
Commitments Reserve | 3,235 | 4,900 | 5,050 | ||||||||||||||||||||
Allowance as a % of Gross Loans | 1.07 | % | 1.09 | % | 1.09 | % | |||||||||||||||||
09/16 QTR | 09/16 YTD | 12/16 QTR | 12/16 YTD | 03/17 QTR | 03/17 YTD | ||||||||||||||||||
Loan Originations - Total | $ | 1,190,431 | $ | 3,948,534 | $ | 1,241,046 | $ | 1,241,046 | $ | 944,083 | $ | 2,185,129 | |||||||||||
Single-Family Residential | 236,184 | 692,575 | 215,241 | 215,241 | 170,547 | 385,788 | |||||||||||||||||
Construction | 230,597 | 900,649 | 338,599 | 338,599 | 167,422 | 506,021 | |||||||||||||||||
Construction - Custom | 144,095 | 421,816 | 122,955 | 122,955 | 120,646 | 243,601 | |||||||||||||||||
Land - Acquisition & Development | 25,956 | 59,511 | 16,229 | 16,229 | 10,336 | 26,565 | |||||||||||||||||
Land - Consumer Lot Loans | 10,405 | 29,661 | 9,065 | 9,065 | 8,158 | 17,223 | |||||||||||||||||
Multi-Family | 63,280 | 361,261 | 111,959 | 111,959 | 93,279 | 205,238 | |||||||||||||||||
Commercial Real Estate | 88,770 | 353,265 | 164,098 | 164,098 | 77,949 | 242,047 | |||||||||||||||||
Commercial & Industrial | 370,481 | 1,051,950 | 243,924 | 243,924 | 277,676 | 521,600 | |||||||||||||||||
HELOC | 19,882 | 74,538 | 18,391 | 18,391 | 17,221 | 35,612 | |||||||||||||||||
Consumer | 781 | 3,308 | 585 | 585 | 849 | 1,434 | |||||||||||||||||
Purchased Loans (including acquisitions) | $ | 53,774 | $ | 105,420 | $ | — | $ | — | $ | 72,856 | $ | 72,856 | |||||||||||
Net Loan Fee and Discount Accretion | $ | 6,730 | $ | 29,898 | $ | 6,762 | $ | 6,762 | $ | 5,764 | $ | 12,526 | |||||||||||
Repayments | |||||||||||||||||||||||
Loans | $ | 851,578 | $ | 2,935,167 | $ | 896,109 | $ | 896,109 | $ | 710,691 | $ | 1,606,800 | |||||||||||
MBS | 142,329 | 462,973 | 178,169 | 178,169 | 96,900 | 275,069 | |||||||||||||||||
MBS Premium Amortization | $ | 3,962 | $ | 12,920 | $ | 5,039 | $ | 5,039 | $ | 2,992 | $ | 8,031 | |||||||||||
Efficiency | |||||||||||||||||||||||
Operating Expenses/Average Assets | 1.49 | % | 1.60 | % | 1.46 | % | 1.46 | % | 1.55 | % | 1.50 | % | |||||||||||
Efficiency Ratio (%) | 48.54 | % | 50.80 | % | 47.23 | % | 47.23 | % | 48.76 | % | 48.00 | % | |||||||||||
Amortization of Intangibles | $ | 548 | $ | 2,369 | $ | 521 | $ | 521 | $ | 398 | $ | 919 | |||||||||||
EOP Numbers | |||||||||||||||||||||||
Shares Issued and Outstanding | 89,680,847 | 89,272,268 | 89,438,563 | ||||||||||||||||||||
Share repurchase information | |||||||||||||||||||||||
Remaining shares authorized for repurchase | 5,039,310 | 4,231,553 | 4,157,081 | ||||||||||||||||||||
Shares repurchased | 707,642 | 3,867,563 | 757,768 | 757,768 | 477 | 758,245 | |||||||||||||||||
Average share repurchase price | $ | 25.20 | $ | 22.72 | $ | 26.90 | $ | 26.90 | $ | 33.55 | $ | 26.91 |
1
Washington Federal, Inc.
Fact Sheet
March 31, 2017
($ in Thousands)
Tangible Common Book Value | As of 09/16 | As of 12/16 | As of 03/17 | ||||||||||||||
$ Amount | $ | 1,678,742 | $ | 1,703,133 | $ | 1,718,625 | |||||||||||
Per Share | 18.72 | 19.08 | 19.22 | ||||||||||||||
# of Employees | 1,806 | 1,813 | 1,797 | ||||||||||||||
Investments | |||||||||||||||||
Available-for-sale: | |||||||||||||||||
Agency MBS | $ | 1,072,912 | $ | 959,661 | $ | 916,006 | |||||||||||
Other | 849,982 | 482,274 | 472,776 | ||||||||||||||
$ | 1,922,894 | $ | 1,441,935 | $ | 1,388,782 | ||||||||||||
Held-to-maturity: | |||||||||||||||||
Agency MBS | $ | 1,417,599 | $ | 1,752,010 | $ | 1,697,650 | |||||||||||
$ | 1,417,599 | $ | 1,752,010 | $ | 1,697,650 | ||||||||||||
As of 09/16 | As of 12/16 | As of 03/17 | |||||||||||||||
Loans Receivable by Category (a) | AMOUNT | % | AMOUNT | % | AMOUNT | % | |||||||||||
Single-Family Residential | $ | 5,658,830 | 51.7% | $ | 5,624,263 | 49.6% | $ | 5,693,072 | 48.9% | ||||||||
Construction | 1,110,411 | 10.1 | 1,265,747 | 11.2 | 1,311,635 | 11.3 | |||||||||||
Construction - Custom | 473,069 | 4.3 | 494,447 | 4.4 | 527,319 | 4.5 | |||||||||||
Land - Acquisition & Development | 118,497 | 1.1 | 119,085 | 1.1 | 118,726 | 1.0 | |||||||||||
Land - Consumer Lot Loans | 104,567 | 1.0 | 101,104 | 0.9 | 101,227 | 0.9 | |||||||||||
Multi-Family | 1,124,290 | 10.3 | 1,217,594 | 10.7 | 1,266,911 | 10.9 | |||||||||||
Commercial Real Estate | 1,093,639 | 10.0 | 1,207,573 | 10.7 | 1,296,039 | 11.1 | |||||||||||
Commercial & Industrial | 978,589 | 8.9 | 1,025,821 | 9.1 | 1,071,629 | 9.2 | |||||||||||
HELOC | 149,716 | 1.4 | 148,452 | 1.3 | 146,172 | 1.3 | |||||||||||
Consumer | 139,000 | 1.3 | 124,547 | 1.1 | 107,759 | 0.9 | |||||||||||
10,950,608 | 100% | 11,328,633 | 100% | 11,640,489 | 100% | ||||||||||||
Less: | |||||||||||||||||
ALL | 113,494 | 118,456 | 121,922 | ||||||||||||||
Loans in Process | 879,484 | 1,027,168 | 1,009,937 | ||||||||||||||
Net Deferred Fees, Costs and Discounts | 46,710 | 46,698 | 45,608 | ||||||||||||||
Sub-Total | 1,039,688 | 1,192,322 | 1,177,467 | ||||||||||||||
$ | 9,910,920 | $ | 10,136,311 | $ | 10,463,022 | ||||||||||||
Net Loan Portfolio by Category (a) | AMOUNT | % | AMOUNT | % | AMOUNT | % | |||||||||||
Single-Family Residential | $ | 5,601,350 | 56.5% | $ | 5,565,673 | 54.9% | $ | 5,632,558 | 53.8% | ||||||||
Construction | 475,022 | 4.8 | 486,784 | 4.8 | 564,133 | 5.4 | |||||||||||
Construction - Custom | 227,348 | 2.3 | 233,867 | 2.3 | 248,878 | 2.4 | |||||||||||
Land - Acquisition & Development | 88,408 | 0.9 | 95,997 | 0.9 | 96,330 | 0.9 | |||||||||||
Land - Consumer Lot Loans | 101,435 | 1.0 | 98,118 | 1.0 | 98,252 | 0.9 | |||||||||||
Multi-Family | 1,113,661 | 11.2 | 1,205,737 | 11.9 | 1,254,499 | 12.0 | |||||||||||
Commercial Real Estate | 1,074,146 | 10.8 | 1,188,637 | 11.7 | 1,278,189 | 12.2 | |||||||||||
Commercial & Industrial | 945,150 | 9.5 | 992,261 | 9.8 | 1,039,309 | 9.9 | |||||||||||
HELOC | 147,737 | 1.5 | 146,790 | 1.4 | 144,642 | 1.4 | |||||||||||
Consumer | 136,663 | 1.4 | 122,447 | 1.2 | 106,232 | 1.0 | |||||||||||
$ | 9,910,920 | 100% | $ | 10,136,311 | 100% | $ | 10,463,022 | 100% | |||||||||
(a) Some loans have been reclassified by loan type as a result of system conversion in 1Q16, primarily impacting Construction, Multi-family and Commercial Real Estate. |
2
Washington Federal, Inc.
Fact Sheet
March 31, 2017
($ in Thousands)
As of 09/30/16 | As of 12/31/16 | As of 03/31/17 | |||||||||||||||||||||||||||
Deposits by State | AMOUNT | % | # | AMOUNT | % | # | AMOUNT | % | # | ||||||||||||||||||||
Washington (WA) | $ | 5,100,754 | 48.1 | % | 81 | $ | 5,196,140 | 48.8 | % | 81 | $ | 5,146,140 | 48.4 | % | 81 | ||||||||||||||
Idaho (ID) | 782,413 | 7.4 | 25 | 768,704 | 7.2 | 24 | 785,092 | 7.4 | 24 | ||||||||||||||||||||
Oregon (OR) | 1,964,173 | 18.5 | 48 | 1,952,655 | 18.3 | 48 | 1,946,137 | 18.3 | 47 | ||||||||||||||||||||
Utah (UT) | 285,234 | 2.7 | 10 | 280,457 | 2.6 | 10 | 272,804 | 2.6 | 10 | ||||||||||||||||||||
Nevada (NV) | 340,324 | 3.2 | 11 | 333,789 | 3.1 | 11 | 335,266 | 3.2 | 11 | ||||||||||||||||||||
Texas (TX) | 94,113 | 0.9 | 5 | 97,276 | 0.9 | 5 | 94,656 | 0.9 | 5 | ||||||||||||||||||||
Arizona (AZ) | 1,188,335 | 11.2 | 31 | 1,173,538 | 11.0 | 31 | 1,193,459 | 11.2 | 31 | ||||||||||||||||||||
New Mexico (NM) | 845,506 | 8.0 | 27 | 845,016 | 7.9 | 27 | 857,253 | 8.1 | 27 | ||||||||||||||||||||
Total | $ | 10,600,852 | 100% | 238 | $ | 10,647,575 | 100% | 237 | $ | 10,630,807 | 100% | 236 | |||||||||||||||||
Deposits by Type | AMOUNT | % | AMOUNT | % | AMOUNT | % | |||||||||||||||||||||||
Checking (non-interest) | $ | 1,091,738 | 10.3 | % | $ | 1,124,169 | 10.6 | % | $ | 1,142,372 | 10.7 | % | |||||||||||||||||
NOW (interest) | 1,629,983 | 15.4 | 1,732,836 | 16.3 | 1,731,737 | 16.3 | |||||||||||||||||||||||
Savings (passbook/statement) | 820,980 | 7.7 | 844,849 | 7.9 | 871,722 | 8.2 | |||||||||||||||||||||||
Money Market | 2,462,891 | 23.2 | 2,492,483 | 23.4 | 2,466,868 | 23.2 | |||||||||||||||||||||||
Time Deposits | 4,595,260 | 43.3 | 4,453,238 | 41.8 | 4,418,108 | 41.6 | |||||||||||||||||||||||
Total | $ | 10,600,852 | 100% | $ | 10,647,575 | 100% | $ | 10,630,807 | 100% | ||||||||||||||||||||
Deposits greater than $250,000 - EOP | $ | 2,250,622 | $ | 2,410,863 | $ | 2,426,837 | |||||||||||||||||||||||
Time Deposit Repricing | Amount | Rate | Amount | Rate | Amount | Rate | |||||||||||||||||||||||
Within 3 months | $ | 824,019 | 0.82 | % | $ | 933,770 | 0.76 | % | $ | 930,544 | 0.71 | % | |||||||||||||||||
From 4 to 6 months | 896,484 | 0.80 | % | 896,254 | 0.74 | % | 852,702 | 0.67 | % | ||||||||||||||||||||
From 7 to 9 months | 618,180 | 0.89 | % | 532,682 | 0.81 | % | 429,013 | 0.79 | % | ||||||||||||||||||||
From 10 to 12 months | 508,732 | 0.83 | % | 391,159 | 0.80 | % | 442,072 | 0.84 | % | ||||||||||||||||||||
Non-Performing Assets | AMOUNT | % | AMOUNT | % | AMOUNT | % | |||||||||||||||||||||||
Non-accrual loans: | |||||||||||||||||||||||||||||
Single-Family Residential | $ | 33,148 | 78.2% | $ | 38,568 | 63.5% | $ | 34,373 | 60.1% | ||||||||||||||||||||
Construction | — | — | — | — | — | — | |||||||||||||||||||||||
Construction - Custom | — | — | — | — | 240 | 0.4 | |||||||||||||||||||||||
Land - Acquisition & Development | 58 | 0.1 | 603 | 1.0 | 80 | 0.1 | |||||||||||||||||||||||
Land - Consumer Lot Loans | 510 | 1.2 | 969 | 1.6 | 1,129 | 2.0 | |||||||||||||||||||||||
Multi-Family | 776 | 1.8 | 1,160 | 1.9 | 1,364 | 2.4 | |||||||||||||||||||||||
Commercial Real Estate | 7,100 | 16.7 | 9,660 | 15.9 | 10,507 | 18.4 | |||||||||||||||||||||||
Commercial & Industrial | 583 | 1.4 | 9,230 | 15.2 | 8,864 | 15.5 | |||||||||||||||||||||||
HELOC | 239 | 0.6 | 480 | 0.8 | 583 | 1.0 | |||||||||||||||||||||||
Consumer | — | — | 45 | 0.1 | 55 | 0.1 | |||||||||||||||||||||||
Total non-accrual loans | 42,414 | 100% | 60,715 | 100% | 57,195 | 100% | |||||||||||||||||||||||
Real Estate Owned | 29,027 | 22,637 | 22,543 | ||||||||||||||||||||||||||
Total non-performing assets | $ | 71,441 | $ | 83,352 | $ | 79,738 | |||||||||||||||||||||||
Non-accrual loans as % of total net loans | 0.43 | % | 0.60 | % | 0.55 | % | |||||||||||||||||||||||
Non-performing assets as % of total assets | 0.48 | % | 0.56 | % | 0.53 | % |
3
Washington Federal, Inc.
Fact Sheet
March 31, 2017
($ in Thousands)
As of 9/30/16 | As of 12/31/16 | As of 03/31/17 | ||||||||||||||||||
AMOUNT | % | AMOUNT | % | AMOUNT | % | |||||||||||||||
Restructured loans: | ||||||||||||||||||||
Single-Family Residential | $ | 228,186 | 87.3% | $ | 217,943 | 87.2% | $ | 204,955 | 87.6% | |||||||||||
Construction | — | — | — | — | — | — | ||||||||||||||
Construction - Custom | — | — | — | — | — | — | ||||||||||||||
Land - Acquisition & Development | 1,154 | 0.4 | 1,139 | 0.5 | 594 | 0.3 | ||||||||||||||
Land - Consumer Lot Loans | 9,630 | 3.7 | 9,619 | 3.8 | 9,410 | 4.0 | ||||||||||||||
Multi-Family | 1,505 | 0.6 | 1,496 | 0.6 | 1,131 | 0.5 | ||||||||||||||
Commercial Real Estate | 19,434 | 7.4 | 18,179 | 7.3 | 16,290 | 7.0 | ||||||||||||||
Commercial & Industrial | — | — | — | — | — | — | ||||||||||||||
HELOC | 1,506 | 0.6 | 1,461 | 0.6 | 1,414 | 0.6 | ||||||||||||||
Consumer | 116 | — | 113 | — | 107 | — | ||||||||||||||
Total restructured loans | $ | 261,531 | 100% | $ | 249,950 | 100% | $ | 233,901 | 100% | |||||||||||
Restructured loans were as follows: | ||||||||||||||||||||
Performing | $ | 251,583 | 96.2% | $ | 235,503 | 94.2% | $ | 222,208 | 95.0% | |||||||||||
Non-performing (b) | 9,948 | 3.8 | 14,447 | 5.8 | 11,693 | 5.0 | ||||||||||||||
Total restructured loans | $ | 261,531 | 100% | $ | 249,950 | 100% | $ | 233,901 | 100% | |||||||||||
(b) Included in "Total non-accrual loans" above | ||||||||||||||||||||
AMOUNT | CO % (c) | AMOUNT | CO % (c) | AMOUNT | CO % (c) | |||||||||||||||
Net Charge-offs (Recoveries) by Category | ||||||||||||||||||||
Single-Family Residential | $ | (204 | ) | (0.01)% | $ | 3 | —% | $ | 157 | 0.01% | ||||||||||
Construction | (388 | ) | (0.14) | — | — | — | — | |||||||||||||
Construction - Custom | — | — | — | — | 3 | — | ||||||||||||||
Land - Acquisition & Development | (2,063 | ) | (6.96) | (3,985 | ) | (13.39) | (4,168 | ) | (14.04) | |||||||||||
Land - Consumer Lot Loans | 29 | 0.11 | (53 | ) | (0.21) | (180 | ) | (0.71) | ||||||||||||
Multi-Family | — | — | — | — | — | — | ||||||||||||||
Commercial Real Estate | (172 | ) | (0.06) | (339 | ) | (0.11) | (1,164 | ) | (0.36) | |||||||||||
Commercial & Industrial | (2,123 | ) | (0.87) | (667 | ) | (0.26) | (112 | ) | (0.04) | |||||||||||
HELOC | — | — | 36 | 0.10 | 53 | 0.15 | ||||||||||||||
Consumer | (657 | ) | (1.89) | (291 | ) | (0.93) | 195 | 0.72 | ||||||||||||
Total net charge-offs (recoveries) | $ | (5,578 | ) | (0.20)% | $ | (5,296 | ) | (0.19)% | $ | (5,216 | ) | (0.18)% | ||||||||
(c) Annualized Net Charge-offs (recoveries) divided by Gross Balance | ||||||||||||||||||||
Interest Rate Risk | ||||||||||||||||||||
One Year GAP | (10.1 | )% | (15.3 | )% | (14.7 | )% | ||||||||||||||
NPV post 200 bps shock (d) | 14.8 | % | 13.9 | % | 13.9 | % | ||||||||||||||
Change in NII after 200 bps shock (d) | 3.2 | % | 1.7 | % | 1.3 | % | ||||||||||||||
(d) Assumes no balance sheet management actions taken |
4
Washington Federal, Inc.
Fact Sheet
March 31, 2017
($ in Thousands)
Historical CPR Rates (e) | |||||
WAFD | WAFD | ||||
Average for Quarter Ended: | SFR Mortgages | GSE MBS | |||
9/30/2014 | 14.6 | % | 13.4 | % | |
12/31/2014 | 15.9 | % | 12.1 | % | |
3/31/2015 | 16.4 | % | 13.9 | % | |
6/30/2015 | 18.7 | % | 15.9 | % | |
9/30/2015 | 17.8 | % | 14.5 | % | |
12/31/2015 | 16.7 | % | 13.4 | % | |
3/31/2016 | 13.9 | % | 12.0 | % | |
6/30/2016 | 17.3 | % | 17.5 | % | |
9/30/2016 | 17.7 | % | 20.0 | % | |
12/31/2016 | 19.3 | % | 24.8 | % | |
3/31/2017 | 13.6 | % | 13.5 | % | |
(e) 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
March 31, 2017
Average Balance Sheet
($ in Thousands)
Three Months Ended | ||||||||||||||||||||||||||||||||
September 30, 2016 | December 31, 2016 | March 31, 2017 | ||||||||||||||||||||||||||||||
Average | Average | Average | Average | Average | Average | |||||||||||||||||||||||||||
Balance | Interest | Rate | Balance | Interest | Rate | Balance | Interest | Rate | ||||||||||||||||||||||||
Assets | ||||||||||||||||||||||||||||||||
Loans receivable | $ | 9,756,353 | $ | 114,283 | 4.65 | % | $ | 10,013,798 | $ | 114,835 | 4.55 | % | $ | 10,267,530 | $ | 116,034 | 4.58 | % | ||||||||||||||
Mortgage-backed securities | 2,568,917 | 13,820 | 2.13 | 2,537,585 | 12,789 | 2.00 | 2,664,959 | 16,226 | 2.47 | |||||||||||||||||||||||
Cash & investments | 1,218,195 | 4,029 | 1.31 | 1,010,299 | 4,246 | 1.67 | 632,114 | 3,068 | 1.97 | |||||||||||||||||||||||
FHLB & FRB Stock | 117,205 | 740 | 2.50 | 117,210 | 894 | 3.03 | 118,092 | 870 | 2.99 | |||||||||||||||||||||||
Total interest-earning assets | 13,660,670 | 132,872 | 3.86 | % | 13,678,892 | 132,764 | 3.85 | % | 13,682,695 | 136,198 | 4.04 | % | ||||||||||||||||||||
Other assets | 1,210,388 | 1,197,304 | 1,161,023 | |||||||||||||||||||||||||||||
Total assets | $ | 14,871,058 | $ | 14,876,196 | $ | 14,843,718 | ||||||||||||||||||||||||||
Liabilities and Equity | ||||||||||||||||||||||||||||||||
Customer accounts | 10,610,740 | 13,423 | 0.50 | % | 10,610,314 | 13,017 | 0.49 | % | 10,578,631 | 12,392 | 0.48 | % | ||||||||||||||||||||
FHLB advances | 2,080,000 | 16,633 | 3.17 | 2,080,000 | 16,595 | 3.17 | 2,102,556 | 16,079 | 3.10 | |||||||||||||||||||||||
Other borrowings | 33 | — | — | — | — | — | — | — | — | |||||||||||||||||||||||
Total interest-bearing liabilities | 12,690,773 | 30,056 | 0.94 | % | 12,690,314 | 29,612 | 0.93 | % | 12,681,187 | 28,471 | 0.91 | % | ||||||||||||||||||||
Other liabilities | 205,817 | 201,233 | 153,105 | |||||||||||||||||||||||||||||
Total liabilities | 12,896,590 | 12,891,547 | 12,834,292 | |||||||||||||||||||||||||||||
Stockholders’ equity | 1,974,468 | 1,984,649 | 2,009,426 | |||||||||||||||||||||||||||||
Total liabilities and equity | $ | 14,871,058 | $ | 14,876,196 | $ | 14,843,718 | ||||||||||||||||||||||||||
Net interest income | $ | 102,816 | $ | 103,152 | $ | 107,727 | ||||||||||||||||||||||||||
Net interest margin (1) | 3.01 | % | 3.02 | % | 3.15 | % | ||||||||||||||||||||||||||
(1) Annualized net interest income divided by average interest-earning assets |
6
Washington Federal, Inc.
Fact Sheet
March 31, 2017
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 $ | ||||||||||||||||||||||
March 31, 2017 | ||||||||||||||||||||||||||||||||
Single-Family Residential | 25,999 | 219 | $ | 5,692,305 | 74 | 36 | 163 | 273 | 1.05 | % | $ | 53,147 | 0.93 | % | ||||||||||||||||||
Construction | 633 | 938 | 593,479 | 4 | — | — | 4 | 0.63 | 601 | 0.10 | ||||||||||||||||||||||
Construction - Custom | 1,149 | 219 | 251,906 | — | — | 2 | 2 | 0.17 | 240 | 0.10 | ||||||||||||||||||||||
Land - Acquisition & Development | 122 | 847 | 103,280 | 1 | — | 3 | 4 | 3.28 | 262 | 0.25 | ||||||||||||||||||||||
Land - Consumer Lot Loans | 1,187 | 85 | 101,168 | 3 | 2 | 12 | 17 | 1.43 | 1,261 | 1.25 | ||||||||||||||||||||||
Multi-Family | 968 | 1,309 | 1,266,845 | — | — | 4 | 4 | 0.41 | 1,224 | 0.10 | ||||||||||||||||||||||
Commercial Real Estate | 1,067 | 1,215 | 1,296,019 | 7 | 1 | 10 | 18 | 1.69 | 6,342 | 0.49 | ||||||||||||||||||||||
Commercial & Industrial | 1,836 | 584 | 1,071,622 | 13 | 2 | 32 | 47 | 2.56 | 4,964 | 0.46 | ||||||||||||||||||||||
HELOC | 2,939 | 50 | 146,169 | 5 | 2 | 32 | 39 | 1.33 | 814 | 0.56 | ||||||||||||||||||||||
Consumer | 4,542 | 24 | 107,759 | 70 | 19 | 75 | 164 | 3.61 | 601 | 0.56 | ||||||||||||||||||||||
40,442 | 263 | $ | 10,630,552 | 177 | 62 | 333 | 572 | 1.41 | % | $ | 69,456 | 0.65 | % | |||||||||||||||||||
December 31, 2016 | ||||||||||||||||||||||||||||||||
Single-Family Residential | 26,259 | 214 | $ | 5,623,668 | 88 | 53 | 165 | 306 | 1.17 | % | $ | 60,201 | 1.07 | % | ||||||||||||||||||
Construction | 638 | 804 | 513,046 | 3 | — | 1 | 4 | 0.63 | 341 | 0.07 | ||||||||||||||||||||||
Construction - Custom | 1,079 | 219 | 236,668 | 2 | 1 | — | 3 | 0.28 | 157 | 0.07 | ||||||||||||||||||||||
Land - Acquisition & Development | 126 | 819 | 103,148 | 1 | — | 4 | 5 | 3.97 | 1,262 | 1.22 | ||||||||||||||||||||||
Land - Consumer Lot Loans | 1,204 | 84 | 101,045 | 4 | 2 | 15 | 21 | 1.74 | 1,076 | 1.06 | ||||||||||||||||||||||
Multi-Family | 959 | 1,270 | 1,217,594 | 3 | 1 | 2 | 6 | 0.63 | 1,868 | 0.15 | ||||||||||||||||||||||
Commercial Real Estate | 1,040 | 1,130 | 1,175,475 | 6 | 2 | 12 | 20 | 1.92 | 7,766 | 0.66 | ||||||||||||||||||||||
Commercial & Industrial | 1,843 | 574 | 1,057,826 | 4 | 6 | 34 | 44 | 2.39 | 1,108 | 0.10 | ||||||||||||||||||||||
HELOC | 2,931 | 51 | 148,448 | 7 | — | 32 | 39 | 1.33 | 1,375 | 0.93 | ||||||||||||||||||||||
Consumer | 4,842 | 26 | 124,547 | 78 | 30 | 79 | 187 | 3.86 | 1,063 | 0.85 | ||||||||||||||||||||||
40,921 | 252 | $ | 10,301,465 | 196 | 95 | 344 | 635 | 1.55 | % | $ | 76,217 | 0.74 | % | |||||||||||||||||||
September 30, 2016 | ||||||||||||||||||||||||||||||||
Single-Family Residential | 26,508 | 213 | $ | 5,658,122 | 93 | 39 | 173 | 305 | 1.15 | % | $ | 56,665 | 1.00 | % | ||||||||||||||||||
Construction | 640 | 779 | 498,450 | — | — | 1 | 1 | 0.16 | — | — | ||||||||||||||||||||||
Construction - Custom | 1,041 | 221 | 229,957 | 2 | — | — | 2 | 0.19 | 538 | 0.23 | ||||||||||||||||||||||
Land - Acquisition & Development | 132 | 719 | 94,928 | — | — | 3 | 3 | 2.27 | — | — | ||||||||||||||||||||||
Land - Consumer Lot Loans | 1,229 | 85 | 104,534 | 5 | 6 | 13 | 24 | 1.95 | 2,061 | 1.97 | ||||||||||||||||||||||
Multi-Family | 944 | 1,191 | 1,124,290 | 2 | 1 | 3 | 6 | 0.64 | 1,983 | 0.18 | ||||||||||||||||||||||
Commercial Real Estate | 1,074 | 1,018 | 1,093,549 | 1 | 2 | 10 | 13 | 1.21 | 4,868 | 0.45 | ||||||||||||||||||||||
Commercial & Industrial | 1,832 | 534 | 978,582 | — | 3 | 32 | 35 | 1.91 | 42 | — | ||||||||||||||||||||||
HELOC | 2,924 | 51 | 149,713 | 11 | 3 | 26 | 40 | 1.37 | 1,200 | 0.80 | ||||||||||||||||||||||
Consumer | 5,094 | 27 | 139,000 | 93 | 34 | 66 | 193 | 3.79 | 922 | 0.66 | ||||||||||||||||||||||
41,418 | 243 | $ | 10,071,125 | 207 | 88 | 327 | 622 | 1.50 | % | $ | 68,279 | 0.68 | % |
7