At the MyState Limited annual general meeting, company chairman Miles Hampton reported that the group's statutory profit increased from A$28.3 million to A$30.1 million.Nevertheless, as he explained, the need to increase capital to fund both loan book growth and technology investments caused earnings per share to decline from 35.5 cents to 34.0 cents. This was despite a loan book that grew 10.8 per cent or 1.6 times national system in FY17. The loan book has grown nearly 50 per cent over the past three years.The increased scale of the business brings both opportunity and risk, as Hampton noted.Highlights: home loan book had over 75 per cent of loans to owner-occupiers and almost 75 per cent of these represented a loan-to-valuation ratio of less than 80 per cent at origination; a loan book that grew 10.8 per cent or 1.6 times national system in FY17, and which has grown nearly 50 per cent over the past three years; and capital ratio of 13.30 per cent at the end of June 2017, an increase from 13.04 per cent one year prior will see MyState well positioned to meet APRA's 'unquestionably strong' CET1 ratio requirements by 1 January 2020.