Once again we met our performance goals of double-digit earnings per share growth and a return on tangible equity above 18 for the year. This year was exceptional. We took an opportunity to leverage our strong earnings performance by making strategic investments in the future growth of our company through a significant de novo expansion. We grew deposits faster than loans while expanding our margin. We raised additional capital through a very successful equity offering during the fourth quarter. And most importantly, this was all done while continuing to meet our primary financial goals.
Quotes about novo (4 Quotes)
We are committed to excellent customer service, superior operating performance and solid credit quality as we continue our efforts to build shareholder value through our balanced growth strategy of strong internal growth, complemented by selective de novo and merger expansion.
And my generation in Brazil was influenced by Cinema Novo. So we're echoing what's been done way in the past.
We're not afraid to take the de novo approach. We will go into a market and bring our expertise, find a new site and go out and get business.