Revenue during the quarter dropped 10.49 percent to $45.52 million from $50.85 million in the previous year period. Net interest income for the quarter dropped 9.90 percent over the prior year period to $36.81 million. Non-interest income for the quarter fell 35.21 percent over the last year period to $9.99 million.

National Bank Holdings has made provision of $1.28 million for loan losses during the quarter, down 76.36 percent from $5.42 million in the same period last year.

Net interest margin contracted 27 basis points to 3.37 percent in the quarter from 3.64 percent in the last year period. Efficiency ratio for the quarter improved to 70.62 percent from 72.61 percent in the previous year period. A decline in efficiency ratio indicates a rise in profitability.

In announcing these results, Chief Executive Officer, Tim Laney shared, "We closed out 2016 with record loan production of over $1 billion, realizing 11% year-over-year loan growth and 18% growth in our originated loan portfolio. We're pleased to end the year with credit quality on solid footing with just 10 basis points of non-energy net charge-offs for the year. With respect to our energy exposure, I'm pleased to report that we had no new adversely rated energy loans during 2016. Further, we have only three problem energy loans remaining from those identified in 2015. We continue to grow our low-cost deposit base and have increased our average transaction deposits by $143 million, or 6%, while creating efficiencies in our deposit gathering strategies as evidenced by a reduction in our banking centers by 12% in the last eighteen months. Those banking center actions, in conjunction with other expense management initiatives led to a $22 million, or 14% decrease in non-interest expenses compared to the prior year."

Deposits stood at $3,868.65 million as on Dec. 31, 2016, up 0.73 percent compared with $3,840.68 million on Dec. 31, 2015.

Loans to deposits ratio was 74.58 percent for the quarter, up from 67.72 percent for the previous year quarter.

Noninterest-bearing deposit liabilities were $846.74 million or 21.89 percent of total deposits on Dec. 31, 2016, compared with $815.05 million or 21.22 percent of total deposits on Dec. 31, 2015.

Investments stood at $1,231.69 million as on Dec. 31, 2016, down 23.37 percent or $375.59 million from year-ago. Shareholders equity stood at $4,573.05 million as on Dec. 31, 2016, up 640.52 percent or $3,955.50 million from year-ago.

Return on average assets moved up 59 basis points to 0.87 percent in the quarter from 0.28 percent in the last year period. At the same time, return on average equity increased 518 basis points to 7.31 percent in the quarter from 2.13 percent in the last year period.

Nonperforming assets moved down 2.06 percent or $0.98 million to $46.38 million on Dec. 31, 2016 from $47.36 million on Dec. 31, 2015. Meanwhile, nonperforming assets to total assets was 1.61 percent in the quarter, down from 1.81 percent in the last year period.

Average equity to average assets ratio was 11.83 percent for the quarter, down from 13.17 percent for the previous year quarter. Book value per share for quarter was almost stable at $20.32, when compared with the previous year period.