Triumph Financial(US:TFIN)2020-04-21 11:05Financial Performance - The company reported a diluted loss per share of $0.18 for Q1 2020[25] - Net Interest Margin (NIM) was 5.63%[28] - Return on Average Tangible Common Equity (ROATCE) was (4.09%)[31] - Tangible Common Equity / Tangible Assets (TCE/TA) was 7.77%[30] Loan Portfolio - Total loans held for investment increased by $126 million[25] - The commercial finance portfolio increased $135.1 million, the national lending portfolio increased $61.2 million, and the community banking portfolio decreased $70.3 million[25] - Community Banking represents 47% of the total loan portfolio, Commercial Finance 32%, and National Lending 21%, totaling $4,325.1 million[41] COVID-19 Impact and Response - As of April 15th, the company executed 404 deferrals on outstanding loan balances of $233 million and had 397 additional deferral requests on outstanding loan balances of $276 million[17] - As of April 17th, the company closed or approved with the SBA, 732 PPP loans representing $158 million in funding[17] - Total exposure to industries most impacted by COVID-19 includes $195.5 million in Retail (4.52% of gross loans), $133.1 million in Energy (3.08% of gross loans), and $128.9 million in Hospitality (2.98% of gross loans)[22] Deposits - Total deposits decreased by $107.9 million, or 2.9%; however, noninterest bearing demand deposits grew $36.7 million, or 4.5%[25]