As Reported Financial Statements

As Reported Financials

Source Document Currency Code (in thousands) 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 12/31/2018 USD 2018 Y 3/31/2019 USD 2019 Q1 YTD 3/31/2019 USD
Source Document Currency Code 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 12/31/2018 USD 2018 Y 3/31/2019 USD 2019 Q1 YTD 3/31/2019 USD

Assets

Cash and due from banks 84,813 97,196 103,485 127,503 106,748
Interest-earning deposits with banks 190,952 191,899 109,631 122,952 185,526

Securities

Trading 356 804 1,324 1,504 1,837
Equities NA NA 0 19,477 20,357
Available for sale 367,249 363,644 447,498 442,752 437,689
Held to maturity 477,507 487,076 497,688 611,490 623,243
Total securities 845,112 851,524 946,510 1,075,223 1,083,126
Loans held for sale (at fair value) 5,990 6,139 4,768 6,431 5,586

Loans

Commercial and industrial 843,276 902,053 888,528 1,093,629 1,150,632
Commercial real estate 2,653,434 3,010,798 3,116,561 3,251,248 3,254,085
Commercial construction 373,368 320,391 401,797 365,165 373,517
Small business 96,246 122,726 132,370 164,676 166,410
Residential real estate 638,606 644,426 754,329 923,294 935,238
Home equity - first position 543,092 577,006 612,990 654,083 642,451
Home equity - subordinate positions 384,711 411,141 439,098 438,001 438,290
Other consumer 14,988 11,064 9,880 16,098 16,249
Total loans 5,547,721 5,999,605 6,355,553 6,906,194 6,976,872
Less - allowance for loan losses (55,825) (61,566) (60,643) (64,293) (65,140)
Net loans 5,491,896 5,938,039 6,294,910 6,841,901 6,911,732
Federal Home Loan Bank stock 14,431 11,497 11,597 15,683 7,667
Bank premises and equipment, net 75,663 78,480 94,722 97,581 98,843
Goodwill 201,083 221,526 231,806 256,105 256,105
Other intangible assets 11,826 9,848 9,341 15,250 14,339
Cash surrender value of life insurance policies 134,627 144,503 151,528 160,456 161,521
Other real estate owned and other foreclosed assets 2,159 4,173 612 NA NA
Other assets 150,917 154,551 123,119 132,507 166,264
Total assets 7,209,469 7,709,375 8,082,029 8,851,592 8,997,457

Liabilities and Stockholders' Equity

Deposits

Demand deposits 1,846,593 2,057,086 2,159,396 2,450,907 2,329,566
Savings and interest checking accounts 2,370,141 2,469,237 2,599,922 2,865,349 2,914,367
Money market 1,089,139 1,236,778 1,325,634 1,399,761 1,496,118
Time certificates of deposit of $100,000 and over 274,701 266,190 278,531 351,629 362,632
Other time certificates of deposits 410,129 382,962 365,770 359,474 360,919
Total deposits 5,990,703 6,412,253 6,729,253 7,427,120 7,463,602

Borrowings

Federal Home Loan Bank borrowings 102,080 50,819 53,264 147,806 25,752
Customer repurchase agreements 133,958 176,913 162,679 NA NA
Line of credit NA NA NA 0 49,993
Long-term borrowings NA NA NA 0 74,914
Junior subordinated debentures 73,306 73,107 73,073 76,173 73,082
Subordinated debentures 34,589 34,635 34,682 34,728 84,299
Total borrowings 343,933 335,474 323,698 258,707 308,040
Other liabilities 103,370 96,958 85,269 92,275 121,277
Total liabilities 6,438,006 6,844,685 7,138,220 7,778,102 7,892,919
Commitments and contingencies NA NA 0 0 0

Stockholders' equity

Preferred stock 0 0 0 0 0
Common stock 260 268 273 279 280
Value of shares held in rabbi trust at cost (3,958) (4,277) (4,590) (4,718) (4,599)
Deferred compensation and other retirement benefit obligations 3,958 4,277 4,590 4,718 4,599
Additional paid in capital 405,486 451,664 479,430 527,648 527,795
Retained earnings 368,169 414,095 465,937 546,736 569,582
Accumulated other comprehensive income (loss), net of tax (2,452) (1,337) (1,831) (1,173) 6,881
Total stockholders' equity 771,463 864,690 943,809 1,073,490 1,104,538
Total liabilities and stockholders' equity 7,209,469 7,709,375 8,082,029 8,851,592 8,997,457
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.