Income Statement
Financial Highlights
12/31/2015
12/31/2016
3/31/2017
12/31/2017
NA NA NA NA
Interest Income 112,328 118,457 28,704 125,543
Interest Expense 11,154 12,590 3,195 15,795
Net Interest Income 101,174 105,867 25,509 109,748
FTE Net Interest Income 101,735 106,634 25,676 110,546
Provision for Loan Losses (1,000) 2,900 600 2,950
Trading Account Income 0 0 0 0
Foreign Exchange Income 0 0 0 0
Trust Revenue 0 0 0 0
Service Charges on Deposits 3,308 4,253 1,018 4,233
Gain on Sale of Loans (FAS 140) 3,626 3,397 732 3,926
Loan Fees & Charges NA NA NA NA
Bank-owned Life Insurance Revenue 1,113 1,264 338 1,331
Insurance Revenue 27 79 18 67
Investment Banking & Brokerage 7 7 2 13
Other Noninterest Income 7,940 9,104 2,358 8,127
Total Noninterest Income 16,021 18,104 4,466 17,697
Realized Gain on Securities 17 (1) 0 37
Nonrecurring Revenue 0 2,935 1,385 1,267
Compensation & Benefits 42,594 43,524 11,272 45,397
Occupancy & Equipment 8,308 8,182 2,089 8,354
Marketing and Promotion Expense 1,363 1,586 405 1,608
Professional Fees 1,148 1,083 305 1,970
Tech & Communications Expense 7,696 7,939 2,011 8,222
Amrt of Intang & Goodwill Impair 2,993 2,674 636 2,357
Foreclosure & Repo (62) (520) (43) (319)
Other Expense 14,576 12,478 3,101 12,127
Total Noninterest Expense 78,616 76,946 19,776 79,716
Nonrecurring Expense 765 172 0 0
Pre-Provision Net Revenue 39,140 47,792 10,366 48,527
Non-FTE Pre-Provision Net Revenue 38,579 47,025 10,199 47,729
Net Income before Taxes 38,831 46,887 10,984 46,083
Provision for Taxes 11,811 14,974 3,369 14,809
Effective Tax Rate(%) 30.42 31.94 30.67 32.14
Min Int & Oth after-tax Items 0 0 0 0
Extraordinary Items 0 0 0 0
Net Income 27,020 31,913 7,615 31,274
Net Income Attributable to Noncontrolling Int 0 0 0 0
Net Income Attributable to Parent 27,020 31,913 7,615 31,274
Preferred Dividends 0 0 0 0
Other Preferred Dividends after Net Income 0 0 0 0
Other Changes to Net Income 0 0 0 0
Net Income Avail to Common 27,020 31,913 7,615 31,274
Net Income for Diluted EPS 27,020 31,913 7,615 31,274
EPS after Extra($) 1.62 1.96 0.46 1.90
EPS after Extra Growth(%) 26.60 21 (11.50) (3.10)
Pre-Provision Earnings per Share($) 1.50 1.88 0.40 1.88
Comprehensive Income
Net Income 27,020 31,913 7,615 31,274
Preferred Dividend Adjustment to Comprehensive Inc 0 0 0 0
Total Other Comprehensive Income 1,247 (6,844) 664 1,547
Comprehensive Income 28,267 25,069 8,279 32,821
Interest Income Earned On:
Interest Earned on Loans 104,106 109,049 26,733 116,816
Int Inc: Securities 8,568 9,774 1,995 8,429
Int Inc: Other Earn Assets 215 401 143 1,096
Int Inc: Secs & Oth Earn Assets 8,783 10,175 2,138 9,525
Int Inc: Total Earn Assets 112,889 119,224 28,871 126,341
Interest Expense Incurred On:
Int Exp: CDs 6,048 6,557 NA 6,382
Int Exp: Other Deposits 1,542 992 NA 2,980
Int Exp: Total Deposits 7,590 7,549 1,868 9,362
Int Exp: Debt 3,564 5,041 1,327 6,433
Int Exp: Total Int-bearing Liab 11,154 12,590 3,195 15,795
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.