2018 Annual Report

Financial Highlights

(In thousands except per share data)
Selected Year-End Data 2018 2017 2016
Pre-Tax Income $57,720 $54,307 $42,741
Net Income 44,170 36,497 26,477
Total Assets 4,617,858 4,260,547 3,878,633
Total Deposits 3,895,340 3,698,354 3,411,837
Total Investment Securities 377,936 327,633 305,388
Total Loans 3,933,049 3,705,611 3,313,732
Total Shareholders’ Equity 469,013 403,678 324,210
Assets under Management and/or Administration at Peapack Private Wealth Management (Market Value) $5.8 billion $5.5 billion $3.7 billion
Per Common Share:
Earnings—Basic $2.33 $2.07 $1.62
Earnings—Diluted 2.31 2.03 1.60
Book Value 24.25 21.68 18.79
Financial Ratios:
Net Interest Margin 2.75% 2.80% 2.74%
Return on Average Assets 1.02 0.89 0.72
Return on Average Common Equity 10.13 10.12 8.92
Regulatory Capital Ratios:
Total Capital to Risk-Weighted Assets 15.03% 14.84% 13.25%
Tier 1 Capital to Risk-Weighted Assets 11.76 11.31 10.60
Common Equity Tier 1 Capital to Risk-Weighted Assets 11.76 11.31 10.60
Tier 1 Capital to Average Assets 9.82 9.04 8.35