Revenue during the quarter grew 18.10 percent to $42.89 million from $36.32 million in the previous year period. Net interest income for the quarter dropped 7.75 percent over the prior year period to $35.99 million. Non-interest income for the quarter rose 9.76 percent over the last year period to $8.70 million.

National Bank Holdings Corporation  has made provision of $1.80 million for loan losses during the quarter, down 83.10 percent from $10.62 million in the same period last year.

Net interest margin contracted 28 basis points to 3.31 percent in the quarter from 3.59 percent in the last year period. Efficiency ratio for the quarter deteriorated to 74.37 percent from 71.44 percent in the previous year period. A rise in efficiency ratio suggests a fall in profitability.

In announcing these results, chief executive officer Tim Laney shared, "We are pleased with our continued momentum, most notably the record $1.1 billion in new loan originations over the past twelve months. We grew our non 310-30 loan portfolio by $99 million, or 15% annualized from year-end, while maintaining excellent diversification and granularity of our portfolio. In addition, credit quality remains solid as evidenced by just two basis points of annualized non 310-30 net charge-offs. We also continued to grow our low-cost deposit base and have increased our average transaction deposits by $41 million, or 6% annualized, all while continuing to reduce our banking center expense base through the reduction of seven banking centers over the past year."

Deposits stood at $3,967.94 million as on Mar. 31, 2017, up 3.34 percent compared with $3,839.68 million on Mar. 31, 2016.

Loans to deposits ratio was 74.53 percent for the quarter, up from 67.70 percent for the previous year quarter.

Noninterest-bearing deposit liabilities were $876.93 million or 22.10 percent of total deposits on Mar. 31, 2017, compared with $805.44 million or 20.98 percent of total deposits on Mar. 31, 2016.

Investments stood at $1,248.39 million as on Mar. 31, 2017, down 18.42 percent or $281.87 million from year-ago.

Return on average assets moved up 71 basis points to 0.73 percent in the quarter from 0.02 percent in the last year period. At the same time, return on average equity increased 607 basis points to 6.23 percent in the quarter from 0.16 percent in the last year period.

Average equity to average assets ratio was 11.68 percent for the quarter, down from 13.30 percent for the previous year quarter. Book value per share was $20.12 for the quarter, down 2.57 percent or $0.53 compared to $20.65 for the same period last year.