Tangible Common Equity December 31, September 30, June 30, March 31, December 31, Tangible Common Equity Ratio 2015 2015 2015 2015 2014 PacWest Bancorp Consolidated: Stockholders' equity 4,397,691 $ 3,581,704 $ 3,551,490 $ 3,533,361 $ 3,506,230 $ Less: Intangible assets 2,229,511 1,741,084 1,742,581 1,744,083 1,737,683 Tangible common equity 2,168,180 $ 1,840,620 $ 1,808,909 $ 1,789,278 $ 1,768,547 $ Total assets 21,288,490 $ 16,814,105 $ 16,697,020 $ 16,643,940 $ 16,234,605 $ Less: Intangible assets 2,229,511 1,741,084 1,742,581 1,744,083 1,737,683 Tangible assets 19,058,979 $ 15,073,021 $ 14,954,439 $ 14,899,857 $ 14,496,922 $ Equity to assets ratio 20.66% 21.30% 21.27% 21.23% 21.60% Tangible common equity ratio (1) 11.38% 12.21% 12.10% 12.01% 12.20% Book value per share 36.22 $ 34.76 $ 34.46 $ 34.29 $ 34.03 $ Tangible book value per share (2) 17.86 $ 17.86 $ 17.55 $ 17.36 $ 17.17 $ Shares outstanding 121,413,727 103,053,694 103,051,989 103,044,257 103,022,017 Pacific Western Bank: Stockholders' equity 4,276,279 $ 3,466,817 $ 3,440,715 $ 3,410,276 $ 3,378,879 $ Less: Intangible assets 2,229,511 1,741,084 1,742,581 1,744,083 1,737,683 Tangible common equity 2,046,768 $ 1,725,733 $ 1,698,134 $ 1,666,193 $ 1,641,196 $ Total assets 21,180,689 $ 16,707,072 $ 16,555,610 $ 16,458,591 $ 15,995,719 $ Less: Intangible assets 2,229,511 1,741,084 1,742,581 1,744,083 1,737,683 Tangible assets 18,951,178 $ 14,965,988 $ 14,813,029 $ 14,714,508 $ 14,258,036 $ Equity to assets ratio 20.19% 20.75% 20.78% 20.72% 21.12% Tangible common equity ratio (1) 10.80% 11.53% 11.46% 11.32% 11.51% (1) Tangible common equity divided by tangible assets (2) Tangible common equity divided by shares outstanding ($ in thousands)
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