“We believe now is the time to begin returning capital to our shareholders given our outlook and confidence in our continued risk management, capital build and earnings power,” said Mr. Deutsch. “Increasing our dividend is a prudent decision which will allow us to reward shareholders while adequately funding our strategy. We will continuously evolve our dividend level while assessing other shareholder friendly transactions. We are committed to managing our capital in a hyper-efficient manner.”In addition, on January 16, 2013, the Board of Directors also approved a share repurchase program of up to 5% of the Company’s outstanding shares. Under the program, shares may be repurchased from time to time in the open market for a two-year period.
|December 31, 2012||September 30, 2012||December 31, 2011|
|Total Risk-Based Capital*||14.7%||14.7%||15.2%|
|Tier I Risk-Based Capital*||13.4%||13.1%||12.7%|
|Tier I Leverage Capital*||9.9%||9.2%||9.0%|
|TCE/Risk Weighted Assets*||10.5%||10.4%||10.3%|
|*December 31, 2012 data is presented based on estimated data.|