Investor Relations

Financial Highlights

As Reported Financials

Source Document Currency Code (in thousands) 2015 Y 2016 Y 12/31/2017 USD 2017 Y 6/30/2018 USD 2018 Q2 YTD 6/30/2018 USD
Source Document Currency Code 2015 Y 2016 Y 12/31/2017 USD 2017 Y 6/30/2018 USD 2018 Q2 YTD 6/30/2018 USD

ASSETS

Cash and due from banks NA 17,735 19,404 25,299
Interest bearing deposits with other banks NA 28,798 38,945 127,417
Cash and cash equivalents NA 46,533 58,349 152,716
Securities available-for-sale, at fair value NA 608,560 583,236 757,825
Securities held-to-maturity, at amortized cost NA 138,846 117,163 106,613
Restricted stock, at cost NA 14,993 16,343 18,977
Loans held for sale NA 23,976 5,212 5,822

Loans and leases

Loans and leases NA 2,148,011 2,277,492 3,348,692
Allowance for loan and lease losses NA (10,923) (16,706) (19,687)
Net loans and leases NA 2,137,088 2,260,786 3,329,005
Servicing assets, at fair value NA 21,091 21,400 21,587
Accrued interest receivable NA 6,866 7,670 10,670
Premises and equipment, net NA 102,074 95,224 107,300
Assets held for sale NA 14,748 9,779 11,428
Other real estate owned, net NA 16,570 10,626 6,402
Goodwill NA 51,975 54,562 127,536
Other intangible assets, net NA 19,826 16,756 37,139
Bank-owned life insurance NA 6,557 5,718 5,886
Deferred tax assets, net NA 67,760 47,376 48,936
Due from counterparty NA 0 39,824 25,569
Other assets NA 18,367 16,106 31,869
Total assets NA 3,295,830 3,366,130 4,805,280

LIABILITIES AND STOCKHOLDERS' EQUITY

LIABILITIES

Non-interest bearing demand deposits NA 724,457 760,887 1,193,057
Interest bearing deposits
NOW, savings accounts, and money market accounts NA 989,421 973,685 1,391,568
Time deposits NA 776,516 708,757 1,060,252
Total deposits NA 2,490,394 2,443,329 3,644,877
Accrued interest payable NA 2,427 1,306 2,562
Line of credit NA 20,650 0 0
Federal Home Loan Bank advances NA 313,715 361,506 420,000
Securities sold under agreements to repurchase NA 17,249 31,187 24,653
Junior subordinated debentures issued to capital trusts, net NA 26,926 27,647 36,452
Accrued expenses and other liabilities NA 41,811 42,577 60,330
Total liabilities NA 2,913,172 2,907,552 4,188,874

STOCKHOLDERS' EQUITY

Preferred stock NA 25,441 10,438 10,438
Common stock NA 0 292 360
Additional paid-in capital NA 313,552 391,586 544,686
Retained earnings NA 50,933 61,349 71,257
Accumulated other comprehensive loss, net of tax NA (7,268) (5,087) (10,335)
Total stockholders' equity NA 382,658 458,578 616,406
Total liabilities and stockholders' equity NA 3,295,830 3,366,130 4,805,280
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.