Corporate Strategy and Financial Performance
Non-GAAP Reconciliation, continued
($000s, except where otherwise noted)
1
2018
2019
2020
2021
Q1 2021
Q2 2021
Q3 2021
Q4 2021
Q1 2022
YTD
Q2 2022 6/30/2022
Earnings Per Share - Basic
Earnings Per Share - Basic, as reported (a)/(d)
$
1.51 $
1.85 $
1.98 $
2.95 $
0.49 $
0.66 $
0.66 $
1.14 $
0.86 $
0.82 $ 1.68
Add Back: Impact of Tax Reform Act
Add back: FHLB penalty, net of tax
0.27
0.27
-
Add back: Contribution, net of tax
0.12
0.12
Add back: Insurance reimbursement, net of tax
(0.16)
(0.16)
Add back: Settlement expense, net of tax
0.37
0.37
Earnings Per Share - Basic, as adjusted (b)/(d)
$
1.51 $
1.85 $
1.98 $
3.54
$
0.86 $
0.66 $
0.93 $
1.10 $
0.86 $
0.82 $
1.68
Earnings Per Share - Diluted
Earnings Per Share - Diluted, as reported (a)/(e)
$
1.51 $
1.85 $
1.97 $
2.95
$
0.49 $
0.66 $
0.66 $
1.14 $
0.86 $
0.82 $
1.68
Add Back: Impact of Tax Reform Act
Add back: FHLB penalty, net of tax
Add back: Contribution, net of tax
Add back: Insurance reimbursement, net of tax
Add back: Settlement expense, net of tax
0.27
0.12
2.2 29
0.27
0.12
(0.16)
(0.16)
0.37
Earnings Per Share - Diluted, as adjusted (b)/(e)
$
1.51 $
1.85 $
1.97 $
3.54
$
0.37
0.86 $
-
0.66 $
0.93 $
1.10 $
0.86 $
0.82 $
1.68
Return on Average Assets (quarter and YTD annualized)
Average Assets (c)
Return on Average Assets, as reported (a)/(c)
0.81%
$ 1,311,902 $1,418,928 $1,613,669 $1,765,148
0.93%
0.86%
1.12%
0.78%
0.99%
0.99%
$1,765,133 $ 1,783,821 $ 1,768,803 $ 1,750,614 $ 1,769,234 $ 1,770,601 $ 1,776,614
1.31%
1.23%
1.72%
1.26%
Add Back: Impact of Tax Reform Act
Add back: FHLB penalty, net of tax
0.10%
Add back: Contribution, net of tax
0.04%
Add back: Insurance reimbursement, net of tax
-0.06%
Add back: Settlement expense, net of tax
0.15%
0.58%
Return on Average Assets, as adjusted (b)/(c)
0.81%
0.93%
0.86%
1.35%
1.36%
0.99%
1.40%
1.66%
1.31%
1.23%
1.26%
0.40%
0.18%
-0.24%
30
30View entire presentation