First Midwest Bancorp, Inc. Selected Financial Information

EX-99.2 3 dex992.htm FIRST MIDWEST BANCORP, INC. SELECTED FINANCIAL INFORMATION First Midwest Bancorp, Inc. Selected Financial Information

Exhibit 99.2

First Midwest Bancorp, Inc.

Selected Financial Information

(Amounts in thousands, except per share data)


	2009		2008										2007										2006		2005
	1st Quarter		Dec. 31 /YTD		4th Quarter		3rd Quarter		2nd Quarter		1st Quarter		Dec. 31 /YTD		4th Quarter		3rd Quarter		2nd Quarter		1st Quarter		Dec. 31 /YTD		Dec. 31 /YTD
Period-End Balance Sheet
Total assets	$	8,252,576	$	8,528,341	$	8,528,341	$	8,246,655	$	8,311,025	$	8,315,368	$	8,091,518	$	8,091,518	$	7,884,345	$	8,055,358	$	8,235,110	$	8,441,526	$	7,210,151
Securities HTM - amortized cost		81,566		84,306		84,306		85,982		94,580		95,651		97,671		97,671		92,913		104,152		103,697		91,380		56,772
Securities HTM - fair market value		81,962		84,592		84,592		86,193		94,829		96,013		97,931		97,931		93,151		104,317		103,951		91,602		56,791
Securities AFS - fair market value		1,901,919		2,216,186		2,216,186		2,024,881		2,106,461		2,100,602		2,080,046		2,080,046		1,869,590		2,128,683		2,241,608		2,387,788		2,233,120
FHLB and FRB Stock		54,768		54,767		54,767		54,767		54,767		54,767		54,767		54,767		54,767		54,767		54,767		54,886		53,510
Mortgages held for sale		—		—		—		—		—		—		394		394		1,408		5,665		3,674		4,760		4,301
*Loans:*
Commercial and industrial		1,508,175		1,490,101		1,490,101		1,485,541		1,448,723		1,396,665		1,347,481		1,347,481		1,378,509		1,402,282		1,395,876		1,413,263		1,161,660
Agricultural		141,190		142,635		142,635		159,217		207,438		200,614		181,358		181,358		158,015		156,594		175,554		158,305		131,689
Real estate - office, retail, and industrial		1,211,844		1,127,689		1,127,689		1,092,268		1,048,547		1,020,403		942,065		942,065		930,386		915,058		901,472		895,666		744,814
Real estate - residential land and development		466,195		509,059		509,059		509,974		510,818		515,052		505,194		505,194		468,635		454,901		450,818		451,186		319,842
Real estate - multifamily		257,039		237,646		237,646		204,029		195,815		188,474		178,602		178,602		181,077		205,821		267,754		278,009		311,340
Real estate - other commercial		1,073,483		1,106,952		1,106,952		1,021,662		1,014,759		952,622		1,024,490		1,024,490		1,038,364		978,424		973,730		945,275		766,299
Real estate - 1-4 family		185,486		198,197		198,197		205,851		213,295		224,895		220,741		220,741		200,694		206,506		211,489		215,464		143,286
Direct consumer		533,914		535,240		535,240		529,325		522,913		521,125		530,641		530,641		533,885		538,662		552,809		573,128		570,042
Indirect consumer		9,802		12,544		12,544		15,715		20,047		25,915		33,100		33,100		41,907		51,610		64,118		78,648		157,219

Total loans		5,387,128		5,360,063		5,360,063		5,223,582		5,182,355		5,045,765		4,963,672		4,963,672		4,931,472		4,909,858		4,993,620		5,008,944		4,306,191
*Other Assets:*
Other earning assets		14,626		20,584		20,584		15,816		18,060		19,113		19,397		19,397		20,865		20,734		17,868		5,081		1,607
Total earning assets		7,440,007		7,735,906		7,735,906		7,405,028		7,456,223		7,315,898		7,215,947		7,215,947		6,971,015		7,223,859		7,415,234		7,552,839		6,655,501
Corporate owned life insurance		199,070		198,533		198,533		207,390		206,132		203,987		203,535		203,535		201,418		199,396		197,421		196,598		156,441
Goodwill and other intangibles		283,570		284,548		284,548		285,643		286,737		287,141		288,235		288,235		289,341		290,447		291,552		292,658		95,997
*Deposits:*
Demand deposits		1,046,660		1,040,763		1,040,763		1,056,905		1,077,659		1,060,545		1,064,684		1,064,684		1,082,068		1,070,528		1,073,065		1,124,081		976,557
Interest bearing deposits		4,461,722		4,544,991		4,544,991		4,601,379		4,707,504		4,661,017		4,714,177		4,714,177		4,752,107		4,744,216		4,834,377		5,043,135		4,171,275

Total deposits		5,508,382		5,585,754		5,585,754		5,658,284		5,785,163		5,721,562		5,778,861		5,778,861		5,834,175		5,814,744		5,907,442		6,167,216		5,147,832
Fed funds purchased and repurchase agreements		685,016		737,598		737,598		928,966		676,571		569,662		665,164		665,164		514,438		573,064		598,035		612,608		746,057
Other borrowed funds		850,736		960,736		960,736		625,737		813,337		844,064		599,064		599,064		484,064		599,126		639,621		569,660		548,475
Subordinated debt		232,375		232,409		232,409		232,442		232,476		232,509		230,082		230,082		227,948		226,118		228,274		228,674		130,092
Stockholders’ equity		903,612		908,279		908,279		718,909		724,034		737,927		723,975		723,975		727,928		741,060		753,988		751,014		544,068
Stockholders’ equity, excluding OCI		941,082		926,321		926,321		770,716		759,983		747,260		735,702		735,702		764,313		776,208		770,326		766,302		552,352
Stockholders’ equity, common		710,612		715,949		715,949		718,909		724,034		737,927		723,975		723,975		727,928		741,060		753,988		751,014		544,068
Stockholders’ equity, common excluding OCI		748,082		733,991		733,991		770,716		759,983		747,260		735,702		735,702		764,313		776,208		770,326		766,302		552,352
Stockholders’ equity, preferred		193,000		192,330		192,330		—		—		—		—		—		—		—		—		—		—
Trust assets under management		3,374,292		3,527,028		3,527,028		3,806,344		3,938,484		3,972,697		3,666,047		3,666,047		3,773,254		3,750,484		3,619,776		3,627,144		2,533,086
Average Balance Sheet
Total assets	$	8,428,879	$	8,225,440	$	8,365,535	$	8,275,818	$	8,187,594	$	8,070,724	$	8,091,333	$	7,920,731	$	7,991,143	$	8,151,473	$	8,307,340	$	8,255,764	$	7,042,670
Securities - HTM taxable		7,571		7,670		7,575		7,647		7,701		7,756		9,450		8,170		9,306		9,797		10,555		9,848		10,644
Securities - HTM tax-exempt		75,398		84,718		78,089		82,213		90,682		87,991		88,099		81,814		88,407		97,716		84,485		91,046		52,611
Securities - AFS taxable		1,217,308		1,171,264		1,195,909		1,192,899		1,162,348		1,133,390		1,268,389		1,140,075		1,255,618		1,317,102		1,363,295		1,456,220		1,535,395
Securities - AFS tax-exempt		892,169		936,933		917,418		931,565		943,278		955,745		906,905		915,398		864,559		896,428		952,104		998,727		643,422
FHLB and FRB Stock		54,768		54,767		54,767		54,767		54,767		54,767		54,774		54,767		54,767		54,767		54,852		59,056		52,578
Total loans		5,378,905		5,149,879		5,275,981		5,205,188		5,097,586		5,018,767		4,943,479		4,921,210		4,895,800		4,944,483		5,013,967		4,869,360		4,214,750
Other earning assets		16,921		35,310		58,231		24,868		37,327		20,676		30,507		26,955		29,798		33,590		31,741		10,892		7,917

Total earning assets		7,643,040		7,440,541		7,587,970		7,499,147		7,393,689		7,279,092		7,301,603		7,148,389		7,198,255		7,353,883		7,510,999		7,495,149		6,517,317
*Deposits:*
Demand deposits		1,028,617		1,043,972		1,043,596		1,053,530		1,053,339		1,025,320		1,055,251		1,050,954		1,051,292		1,061,987		1,056,880		1,052,413		931,711
Savings deposits		748,350		792,524		748,065		784,646		823,196		814,764		754,009		788,526		774,133		746,702		705,543		653,321		615,324
NOW accounts		893,687		935,429		923,643		983,364		953,808		880,505		900,956		885,966		941,488		905,683		870,064		924,539		893,706
Money market deposits		768,202		787,218		737,658		770,967		818,815		822,154		859,864		854,409		864,001		858,639		862,452		867,775		672,411

Core transactional deposits		3,438,856		3,559,143		3,452,962		3,592,507		3,649,158		3,542,743		3,570,080		3,579,855		3,630,914		3,573,011		3,494,939		3,498,048		3,113,152
Time deposits > $100,000		698,301		802,500		738,486		839,495		830,166		802,149		827,907		810,802		822,079		844,232		834,844		746,036		604,270
Time deposits < $100,000		1,371,370		1,369,879		1,444,120		1,330,535		1,331,445		1,373,034		1,491,995		1,429,534		1,386,797		1,491,777		1,663,599		1,683,866		1,361,440

Total time deposits		2,069,671		2,172,379		2,182,606		2,170,030		2,161,611		2,175,183		2,319,902		2,240,336		2,208,876		2,336,009		2,498,443		2,429,902		1,965,710

Total deposits		5,508,527		5,731,522		5,635,568		5,762,537		5,810,769		5,717,926		5,889,982		5,820,191		5,839,790		5,909,020		5,993,382		5,927,950		5,078,862
FFP, repos, other borrowed funds		1,694,928		1,438,908		1,638,037		1,476,403		1,331,195		1,307,398		1,131,700		1,046,041		1,093,068		1,162,315		1,227,797		1,339,826		1,235,205
Subordinated debt		232,391		231,961		232,425		232,458		232,492		230,458		227,756		227,973		226,180		228,229		228,667		206,449		130,377
Total funding sources		7,435,846		7,402,391		7,506,030		7,471,398		7,374,456		7,255,782		7,249,438		7,094,205		7,159,038		7,299,564		7,449,846		7,474,225		6,444,444
Stockholders’ equity		913,809		764,731		845,755		735,022		745,128		732,458		750,111		738,664		741,820		760,010		760,277		695,020		538,515
Stockholders’ equity, common		720,809		750,497		789,128		735,022		745,128		732,458		750,111		738,664		741,820		760,010		760,277		695,020		538,515
Stockholders’ equity, preferred		193,000		14,234		56,627		—		—		—		—		—		—		—		—		—		—

First Midwest Bancorp, Inc.

Selected Financial Information

(Amounts in thousands, except per share data)


	2009			2008															2007															2006			2005
	1st Quarter			Dec. 31 /YTD			4th Quarter			3rd Quarter			2nd Quarter			1st Quarter			Dec. 31 /YTD			4th Quarter			3rd Quarter			2nd Quarter			1st Quarter			Dec. 31 /YTD			Dec. 31 /YTD
Income Statement
Interest income	$	91,480		$	409,207		$	97,933		$	101,486		$	101,313		$	108,475		$	476,961		$	114,611		$	120,090		$	120,671		$	121,589		$	476,409		$	366,700
Interest expense		27,261			162,610			32,920			38,728			40,987			49,975			236,832			56,513			59,393			59,707			61,219			224,550			130,850

Net interest income		64,219			246,597			65,013			62,758			60,326			58,500			240,129			58,098			60,697			60,964			60,370			251,859			235,850
Loan loss provision		48,410			70,254			42,385			13,029			5,780			9,060			7,233			2,042			470			1,761			2,960			10,229			8,930
Service charges on deposit accounts		9,044			44,987			11,206			11,974			11,385			10,422			45,015			11,986			11,959			11,483			9,587			40,036			30,199
Trust and investment management fees		3,329			15,130			3,420			3,818			3,945			3,947			15,701			4,061			3,934			3,916			3,790			14,269			12,593
Other service charges, commissions, and fees		4,006			18,846			4,554			4,834			4,456			5,002			22,183			5,324			5,601			6,099			5,159			20,135			17,572
Card-based fees		3,755			16,143			3,868			4,141			4,236			3,898			15,925			3,979			4,054			4,181			3,711			13,777			10,207

Subtotal, total fee-based revenue		20,134			95,106			23,048			24,767			24,022			23,269			98,824			25,350			25,548			25,679			22,247			88,217			70,571
Corporate owned life insurance income		541			(2,369	)		(8,858	)		1,882			2,145			2,462			8,033			2,117			2,023			1,982			1,911			7,616			5,163
Security (losses) gains, net		8,222			(35,611	)		(34,215	)		(1,746	)		(4,618	)		4,968			(50,801	)		(50,041	)		(5,165	)		961			3,444			4,269			(3,315	)
Other income		(126	)		(3,119	)		(2,104	)		(1,209	)		874			(680	)		4,197			109			989			2,001			1,098			3,181			2,193

Total noninterest income		28,771			54,007			(22,129	)		23,694			22,423			30,019			60,253			(22,465	)		23,395			30,623			28,700			103,283			74,612
Salaries and employee benefits		23,311			99,910			20,356			26,996			26,368			26,190			111,598			27,686			27,354			29,008			27,550			106,201			95,179
Occupancy and equipment expense		8,837			33,334			8,421			8,216			7,979			8,718			32,594			8,224			8,266			7,976			8,128			30,380			25,173
Other real estate expense, net		1,004			3,409			1,289			637			1,165			318			972			533			397			71			(29	)		843			931
Other intangibles amortization		978			4,378			1,095			1,094			1,095			1,094			4,423			1,106			1,106			1,105			1,106			4,039			2,130
Acquisition and restructure charges		—			—			—			—			—			—			36			—			—			—			36			1,753			—
Other expenses		14,264			53,274			15,420			11,493			13,338			13,023			49,514			12,715			12,858			12,577			11,364			49,399			42,290

Total noninterest expense		48,394			194,305			46,581			48,436			49,945			49,343			199,137			50,264			49,981			50,737			48,155			192,615			165,703
Pre-tax earnings		(3,814	)		36,045			(46,082	)		24,987			27,024			30,116			94,012			(16,673	)		33,641			39,089			37,955			152,298			135,829
Income taxes		(9,541	)		(13,291	)		(19,192	)		796			27			5,078			13,853			(11,255	)		6,404			9,778			8,926			35,052			34,452

Net income	$	5,727		$	49,336		$	(26,890	)	$	24,191		$	26,997		$	25,038		$	80,159		$	(5,418	)	$	27,237		$	29,311		$	29,029		$	117,246		$	101,377

Net income applicable to common shares	$	3,155		$	48,482		$	(27,568	)	$	24,149		$	26,922		$	24,979		$	80,094		$	(5,414	)	$	27,228		$	29,264		$	29,016		$	117,189		$	101,377
Basic earnings per common share	$	0.07		$	1.00		$	(0.57	)	$	0.50		$	0.56		$	0.52		$	1.62		$	(0.11	)	$	0.55		$	0.59		$	0.58		$	2.39		$	2.22
Diluted earnings per common share	$	0.07		$	1.00		$	(0.57	)	$	0.50		$	0.55		$	0.51		$	1.62		$	(0.11	)	$	0.55		$	0.59		$	0.58		$	2.37		$	2.21
Weighted average shares outstanding		48,493			48,462			48,487			48,470			48,459			48,433			49,295			48,525			49,134			49,617			49,921			49,102			45,567
Weighted average diluted shares outstanding		48,493			48,515			48,508			48,499			48,519			48,537			49,586			48,711			49,401			49,952			50,299			49,463			45,893
Tax equivalent adjustment ⁽¹⁾	$	5,428		$	22,225		$	5,496		$	5,572		$	5,603		$	5,554		$	20,906		$	5,236		$	4,988		$	5,252		$	5,430		$	23,551		$	16,080
Net interest income (FTE) ⁽¹⁾	$	69,647		$	268,822		$	70,509		$	68,330		$	65,929		$	64,054		$	261,035		$	63,334		$	65,685		$	66,216		$	65,800		$	275,410		$	251,930
Common stock and related per common share data:
Book value	$	14.61		$	14.72		$	14.72		$	14.80		$	14.90		$	15.20		$	14.94		$	14.94		$	14.94		$	14.97		$	15.16		$	15.01		$	11.99
Tangible book value		8.78			8.87			8.87			8.92			9.00			9.28			8.99			8.99			9.00			9.10			9.30			9.16			9.87
Dividends declared per share		0.010			1.155			0.225			0.310			0.310			0.310			1.195			0.310			0.295			0.295			0.295			1.120			1.015
Market price - period high		20.25			40.09			28.97			40.09			29.36			31.98			39.31			36.50			36.62			38.17			39.31			39.52			39.25
Market price - period low		5.96			13.56			13.65			13.56			18.65			24.38			29.67			29.67			31.87			34.82			36.00			32.62			31.25
Closing price at period end	$	8.59		$	19.97		$	19.97		$	24.24		$	18.65		$	27.77		$	30.60		$	30.60		$	34.16		$	35.51		$	36.75		$	38.68		$	35.06
Closing price to book value		0.6			1.4			1.4			1.6			1.3			1.8			2.0			2.0			2.3			2.4			2.4			2.6			2.9
Period end shares outstanding		48,628			48,630			48,630			48,590			48,584			48,561			48,453			48,453			48,735			49,494			49,747			50,025			45,387
Period end treasury shares		12,698			12,696			12,696			12,736			12,742			12,765			12,873			12,873			12,591			11,832			11,579			11,301			11,540
Number of shares repurchased		—			5			—			—			1			4			1,767			297			792			338			340			23			857
Common dividends	$	486		$	56,206		$	10,955		$	15,088		$	15,084		$	15,079		$	58,765		$	15,045		$	14,400		$	14,622		$	14,698		$	56,033		$	46,238
Preferred dividends	$	2,412		$	670		$	670		$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	13,736		$	—
Other Key Ratios/Data:
Return on average common equity ⁽²⁾		1.78	%		6.46	%		-13.90	%		13.07	%		14.53	%		13.72	%		10.69	%		-2.91	%		14.57	%		15.47	%		15.48	%		16.87	%		18.83	%
Return on average total equity ⁽²⁾		2.54	%		6.45	%		-12.65	%		13.09	%		14.57	%		13.75	%		10.69	%		-2.91	%		14.57	%		15.47	%		15.48	%		16.87	%		18.83	%
Return on average assets ⁽²⁾		0.15	%		0.59	%		-1.31	%		1.16	%		1.33	%		1.25	%		0.99	%		-0.27	%		1.35	%		1.44	%		1.42	%		1.42	%		1.44	%
Net interest margin ⁽¹⁾		3.67	%		3.61	%		3.71	%		3.63	%		3.58	%		3.53	%		3.58	%		3.53	%		3.63	%		3.61	%		3.53	%		3.67	%		3.87	%
Yield on average earning assets ⁽¹⁾		5.12	%		5.80	%		5.43	%		5.69	%		5.81	%		6.29	%		6.82	%		6.67	%		6.91	%		6.86	%		6.83	%		6.67	%		5.87	%
Cost of funds		1.73	%		2.56	%		2.03	%		2.40	%		2.61	%		3.23	%		3.82	%		3.71	%		3.86	%		3.84	%		3.88	%		3.50	%		2.37	%
Efficiency ratio ⁽¹⁾		52.33	%		53.49	%		59.06	%		50.30	%		51.67	%		54.02	%		52.50	%		53.87	%		51.87	%		52.13	%		52.19	%		50.53	%		49.44	%
Net noninterest expense ratio ⁽²⁾		1.34	%		1.27	%		1.64	%		1.11	%		1.13	%		1.21	%		1.09	%		1.14	%		1.06	%		1.04	%		1.12	%		1.13	%		1.25	%
Effective income tax rate		250.2	%		-36.9	%		41.6	%		3.2	%		0.1	%		16.9	%		14.7	%		67.5	%		19.0	%		25.0	%		23.5	%		23.0	%		25.4	%
Full time equivalent employees - end of period		1,767			1,809			1,809			1,792			1,828			1,833			1,856			1,856			1,866			1,885			1,908			1,892			1,635
Number of bank offices		97			97			97			98			98			99			99			99			100			100			100			99			68
Number of automated teller machines		130			129			129			130			130			131			131			131			132			132			132			130			92

Note: Discussion of footnotes (1) and (2) are located at the end of this document.

First Midwest Bancorp, Inc.

Selected Financial Information

(Amounts in thousands, except per share data)


	2009			2008															2007															2006			2005
	1st Quarter			Dec. 31 /YTD			4th Quarter			3rd Quarter			2nd Quarter			1st Quarter			Dec. 31 /YTD			4th Quarter			3rd Quarter			2nd Quarter			1st Quarter			Dec. 31 /YTD			Dec. 31 /YTD
Parent Company Data:
Parent investment in subsidiaries - end of period	$	921,904		$	921,548		$	921,548		$	910,987		$	897,482		$	893,182		$	861,841		$	861,841		$	870,126		$	873,854		$	891,359		$	887,908		$	604,112
Risk-Based Capital Data:
Tier 1 capital	$	782,385		$	766,758		$	766,758		$	610,048		$	598,238		$	585,181		$	572,553		$	572,553		$	600,083		$	610,872		$	603,885		$	598,755		$	581,393
Tier 2 capital		182,844			182,675			182,675			169,727			166,018			164,690			161,708			161,708			161,317			162,293			162,299			162,266			56,393

Total capital		965,229			949,433			949,433			779,775			764,256			749,871			734,261			734,261			761,400			773,165			766,184			761,021			637,786
Risk-adjusted assets	$	6,600,684		$	6,609,359		$	6,609,359		$	6,475,903		$	6,436,784		$	6,448,210		$	6,340,614		$	6,340,614		$	6,256,930		$	6,190,247		$	6,192,407		$	6,259,983		$	5,424,063
Tier 1 capital / risk-based assets		11.85	%		11.60	%		11.60	%		9.42	%		9.29	%		9.08	%		9.03	%		9.03	%		9.59	%		9.87	%		9.75	%		9.56	%		10.72	%
Total capital / risk-based assets		14.62	%		14.36	%		14.36	%		12.04	%		11.87	%		11.63	%		11.58	%		11.58	%		12.17	%		12.49	%		12.37	%		12.16	%		11.76	%
Leverage ratio		9.60	%		9.41	%		9.41	%		7.59	%		7.56	%		7.51	%		7.46	%		7.46	%		7.75	%		7.75	%		7.52	%		7.29	%		8.16	%
Tangible common equity ratio		5.36	%		5.23	%		5.23	%		5.44	%		5.45	%		5.62	%		5.58	%		5.58	%		5.77	%		5.80	%		5.82	%		5.62	%		6.30	%
Tangible common equity ratio, excluding OCI		5.83	%		5.45	%		5.45	%		6.09	%		5.90	%		5.73	%		5.73	%		5.73	%		6.25	%		6.26	%		6.03	%		5.81	%		6.41	%
Tangible common equity / risk-based assets		6.47	%		6.53	%		6.53	%		6.69	%		6.79	%		6.99	%		6.87	%		6.87	%		7.01	%		7.28	%		7.47	%		7.32	%		8.26	%
Asset Quality Performance Data:
*Non-accrual loans:*
Commercial	$	33,245		$	15,586		$	15,586		$	13,961		$	5,222		$	6,770		$	9,128		$	9,128		$	7,440		$	8,815		$	9,318		$	8,803		$	9,092
Agricultural		—			—			—			—			—			—			349			349			—			—			—
Real estate - office, retail, and industrial		12,769			2,533			2,533			1,195			1,125			730			552			552			552			—			—			—			155
Real estate - residential land and development		107,766			97,060			97,060			28,335			11,664			4,081			107			107			540			540			540			720			559
Real estate - multifamily		6,989			1,387			1,387			2,827			3,016			1,361			3,480			3,480			287			294			1,774			1,918			—
Real estate - other commercial		16,025			6,926			6,926			1,845			885			255			1,452			1,452			1,384			2,101			2,172			1,263			216
Real estate - 1-4 family		1,756			857			857			795			671			909			583			583			480			717			1,405			1,413			548
Direct consumer		4,918			3,321			3,321			4,258			2,537			2,872			2,666			2,666			1,972			2,324			2,197			1,920			1,244
Indirect consumer		73			98			98			101			116			95			130			130			116			136			176			172			176

Total non-accrual loans		183,541			127,768			127,768			53,317			25,236			17,073			18,447			18,447			12,771			14,927			17,582			16,209			11,990
Restructured loans		1,063			7,344			7,344			3,731			2,061			1,942			7,391			7,391			—			—			—			—			—
Loans past due 90 days and still accruing		73,929			36,999			36,999			37,316			37,510			33,479			21,149			21,149			21,421			19,633			15,603			12,810			8,958

Total non-performing loans		258,533			172,111			172,111			94,364			64,807			52,494			46,987			46,987			34,192			34,560			33,185			29,019			20,948
Foreclosed real estate		38,984			24,368			24,368			23,697			7,042			8,607			6,053			6,053			4,032			3,683			3,195			2,727			2,878
Loans past due 30-89 days and still accruing		54,311			116,206			116,206			104,769			185,186			116,431			100,820			100,820			109,782			134,052			104,211			88,568			50,414
*Reserve for loan losses (RLL):*
RLL	$	116,001		$	93,869		$	93,869		$	69,811		$	66,104		$	64,780		$	61,800		$	61,800		$	61,412		$	62,391		$	62,400		$	62,370		$	56,393
Loan loss provision		48,410			70,254			42,385			13,029			5,780			9,060			7,233			2,042			470			1,761			2,960			10,229			8,930
*Net charge-offs by category:*
Commercial		12,093			13,026			5,601			1,899			2,338			3,188			4,925			534			1,131			1,251			2,009			5,792			4,193
Agricultural		—			38			—			(4	)		42			—			10			10			(1	)		1			—			(9	)		—
Real estate - office, retail, and industrial		878			732			699			2			31			—			—			—			—			—			—			—			543
Real estate - residential land and development		10,719			15,780			9,227			5,856			138			559			231			17			—			18			196			—			—
Real estate - multifamily		43			1,796			164			(40	)		830			842			490			372			—			119			(1	)		1,050			—
Real estate - other commercial		69			1,248			397			62			116			673			(34	)		(21	)		5			(78	)		60			344			624
Real estate - 1-4 family		220			576			57			239			104			176			145			—			9			10			126			138			96
Consumer		2,256			4,989			2,182			1,308			857			642			2,036			742			305			449			540			2,872			3,799

Total net charge-offs		26,278			38,185			18,327			9,322			4,456			6,080			7,803			1,654			1,449			1,770			2,930			10,187			9,255
*Asset Quality ratios:*
Non-accrual loans / loans		3.41	%		2.38	%		2.38	%		1.02	%		0.49	%		0.34	%		0.37	%		0.37	%		0.26	%		0.30	%		0.35	%		0.32	%		0.28	%
Non-performing loans / loans		4.80	%		3.21	%		3.21	%		1.81	%		1.25	%		1.04	%		0.95	%		0.95	%		0.69	%		0.70	%		0.66	%		0.58	%		0.49	%
Non-accrual loans / total assets		2.22	%		1.50	%		1.50	%		0.65	%		0.30	%		0.21	%		0.23	%		0.23	%		0.16	%		0.19	%		0.21	%		0.19	%		0.17	%
*Loan loss ratios:*
RLL / loans		2.15	%		1.75	%		1.75	%		1.34	%		1.28	%		1.28	%		1.25	%		1.25	%		1.25	%		1.27	%		1.25	%		1.25	%		1.31	%
RLL / non-accrual loans		63.20	%		73.47	%		73.47	%		130.94	%		261.94	%		379.43	%		335.01	%		335.01	%		480.87	%		417.97	%		354.91	%		384.79	%		470.33	%
RLL / non-performing loans		44.87	%		54.54	%		54.54	%		73.98	%		102.00	%		123.40	%		131.53	%		131.53	%		179.61	%		180.53	%		188.04	%		214.93	%		269.20	%
Net charge-offs to average net loans		1.98	%		0.74	%		1.38	%		0.71	%		0.35	%		0.49	%		0.16	%		0.13	%		0.12	%		0.14	%		0.24	%		0.21	%		0.22	%

Footnotes:

(1)	Tax equivalent basis reflects federal and state tax benefits.

(2)	Annualized based on the number of days outstanding for each period presented.