15 unchanged sentences
There is no assurance, however, that any dividends will be paid since they are dependent upon earnings, financial condition and capital requirements of the Company and the Bank.
+Added: During the calendar year ended December 31, 2021, the Company paid four quarterly $0.25 per share cash dividends for a total of $1.00 per share.
As of December 31, 2021, there was $154,466,000 available for payment of dividends by the Bank to the Company, under applicable laws and regulations.
46 unchanged sentences
Total 78,825 $ 19.28 1,004,737
−Removed: SELECTED FINANCIAL DATA
−Removed: The following selected consolidated financial data are derived from our consolidated financial statements.
−Removed: This data should be read in connection with our consolidated financial statements and the related notes located at Item 8 of this report.
−Removed: TRICO BANCSHARES
−Removed: Financial Summary
−Removed: (In thousands, except per share amounts;
−Removed: Year ended December 31, 2020 2019 2018 2017 2016
−Removed: Interest income $ 267,184 $ 272,444 $ 228,218 $ 181,402 $ 173,708
−Removed: Interest expense (9,457) (15,375) (12,872) (6,798) (5,721)
−Removed: Net interest income 257,727 257,069 215,346 174,604 167,987
−Removed: (Provision for) benefit from loan losses (42,813) 1,690 (2,583) (89) 5,970
−Removed: Noninterest income 55,194 53,520 49,061 49,452 44,678
−Removed: Noninterest expense (182,758) (185,457) (168,472) (146,455) (146,112)
−Removed: Income before income taxes 87,350 126,822 93,352 77,512 72,523
−Removed: Provision for income taxes (22,536) (34,750) (25,032) (36,958) (27,712)
−Removed: Net income $ 64,814 $ 92,072 $ 68,320 $ 40,554 $ 44,811
−Removed: Earnings per share:
−Removed: Basic $ 2.17 $ 3.02 $ 2.57 $ 1.77 $ 1.96
−Removed: Diluted $ 2.16 $ 3.00 $ 2.54 $ 1.74 $ 1.94
−Removed: Dividends paid $ 0.88 $ 0.82 $ 0.70 $ 0.66 $ 0.60
−Removed: Book value at period end $ 31.12 $ 29.70 $ 27.20 $ 22.03 $ 20.87
−Removed: Tangible book value at period end $ 23.09 $ 21.69 $ 18.97 $ 19.01 $ 17.77
−Removed: Average common shares outstanding 29,917 30,478 26,593 22,912 22,814
−Removed: Average diluted common shares outstanding 30,028 30,645 26,880 23,250 23,087
−Removed: Shares outstanding at period end 29,727 30,524 30,417 22,956 22,868
−Removed: Financial Ratios
−Removed: During the period:
−Removed: Return on average assets 0.91 % 1.43 % 1.24 % 0.89 % 1.02 %
−Removed: Return on average equity 7.18 % 10.49 % 10.75 % 8.10 % 9.46 %
−Removed: Net interest margin(1)
−Removed: 3.96 % 4.47 % 4.30 % 4.22 % 4.23 %
−Removed: Efficiency ratio 58.40 % 59.71 % 63.72 % 65.37 % 68.71 %
−Removed: Average equity to average assets 12.66 % 13.97 % 11.52 % 10.99 % 10.84 %
−Removed: Dividend payout ratio 40.58 % 27.15 % 27.24 % 37.30 % 30.60 %
−Removed: At period end:
−Removed: Equity to assets 12.11 % 14.01 % 13.02 % 10.62 % 10.57 %
−Removed: Total capital to risk-adjusted assets 15.20 % 15.10 % 14.40 % 14.07 % 14.65 %
−Removed: Balance Sheet Data
−Removed: Total investments $ 1,719,102 $ 1,345,954 $ 1,580,096 $ 1,262,683 $ 1,162,769
−Removed: Total loans 4,763,127 4,307,366 4,022,014 3,015,165 2,759,593
−Removed: Total assets 7,639,529 6,471,181 6,352,441 4,761,315 4,517,968
−Removed: Total non-interest bearing deposits 2,581,517 1,832,665 1,760,580 1,368,218 1,275,745
−Removed: Total deposits 6,505,934 5,366,994 5,366,466 4,009,131 3,895,560
−Removed: Total other borrowings 26,914 18,484 15,839 122,166 17,493
−Removed: Total junior subordinated debt 57,635 57,232 57,042 56,858 56,667
−Removed: Total shareholders’ equity 925,114 906,570 827,373 505,808 477,347
−Removed: Total tangible equity (2)
−Removed: $ 686,409 $ 662,141 $ 577,121 $ 436,323 $ 406,473
−Removed: (1) Fully taxable equivalent (FTE)
−Removed: (2) Tangible equity is calculated by subtracting Goodwill and Other intangible assets from Total shareholders’ equity.
−Removed: Management believes that tangible equity is meaningful because it is a measure that the Company and investors commonly use to assess capital adequacy.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.