Investor Presentaiton
Non-GAAP Reconciliation Tables
$ in thousands, except per share data
Return on Assets
Return on assets - GAAP
Merger-related and other charges
Return on assets - Operating
2Q20
3Q20
4Q20
1Q21
2Q21
0.71
%
0.01
1.07 %
0.07
1.30 %
0.04
1.62 %
0.03
1.46 %
0.02
0.72 %
1.14 %
1.34 %
1.65 %
1.48 %
Return on Assets to return on assets- pre-tax pre-provision
Return on assets - GAAP
0.71
%
1.07 %
1.30 %
1.62 %
Income tax expense
0.20
0.28
0.40
0.46
1.46 %
0.47
Provision for credit losses
0.95
0.51
0.07
(0.28)
(0.29)
Return on assets - pre-tax, pre-provision
1.86
1.86
1.77
1.80
1.64
Merger-related and other charges
0.01
0.07
0.05
0.03
0.03
Return on assets - pre-tax, pre-provision, excluding merger-related and other charges
1.87 %
1.93 %
1.82 %
1.83 %
1.67 %
Efficiency Ratio
Efficiency Ratio - GAAP
Merger-related and other charges
Efficiency Ratio - Operating
55.86 %
(0.27)
55.59 %
54.14 %
(1.90)
52.24 %
56.73 %
(1.31)
55.42 %
53.55 %
(0.87)
52.68 %
54.53 %
(0.61)
53.92 %
Tangible common equity to tangible assets
Equity to assets ratio - GAAP
Effect of goodwill and other intangibles
Effect of preferred equity
Tangible common equity to tangible assets ratio
11.81 %
11.47 %
11.29 %
10.95 %
11.04 %
(2.05)
(2.02)
(0.64)
(0.56)
(1.94)
(0.54)
(1.86)
(0.52)
(1.82)
(0.51)
9.12 %
8.89 %
8.81 %
8.57 %
8.71 %
27
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