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 12/31/2018 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 12/31/2018 USD

Assets

Cash and due from banks (noninterest-bearing) 277,751 327,706 335,768 349,561
Federal funds sold and securities purchased under reverse repurchase agreements 250 500 615 830
Securities available for sale (at fair value) 2,345,422 2,356,682 2,238,635 1,811,813
Securities held to maturity (fair value) 1,187,818 1,158,643 1,056,486 909,643
Loans held for sale (LHFS) 160,189 175,927 180,512 153,799
Loans held for investment (LHFI) 7,091,385 7,851,213 8,569,967 8,835,868
Less allowance for loan losses, LHFI 67,619 71,265 76,733 79,290
Net LHFI 7,023,766 7,779,948 8,493,234 8,756,578

Acquired loans

Noncovered loans 372,711 NA NA NA
Covered loans 17,700 NA NA NA
Acquired loans NA 272,247 261,517 106,932
Less allowance for loan losses, acquired loans 11,992 11,397 4,079 1,231
Net acquired loans 378,419 260,850 257,438 105,701
Net LHFI and acquired loans 7,402,185 8,040,798 8,750,672 8,862,279
Premises and equipment, net 195,656 184,987 179,339 178,668
Mortgage servicing rights 74,007 80,239 84,269 95,596
Goodwill 366,156 366,156 379,627 379,627
Identifiable intangible assets, net 27,546 20,680 16,360 11,112
Other real estate 77,177 62,051 43,228 34,668
Covered other real estate 1,651 NA NA NA
FDIC indemnification asset 738 NA NA NA
Other assets 562,350 577,964 532,442 498,864
Total Assets 12,678,896 13,352,333 13,797,953 13,286,460

Liabilities

Deposits

Noninterest-bearing 2,998,694 2,973,238 2,978,074 2,937,594
Interest-bearing 6,589,536 7,082,774 7,599,438 8,426,817
Total deposits 9,588,230 10,056,012 10,577,512 11,364,411
Federal funds purchased and securities sold under repurchase agreements 441,042 539,817 469,827 50,471
Short-term borrowings 412,617 769,778 971,049 79,006
Long-term Federal Home Loan Bank (FHLB) advances 501,155 251,049 946 879
Subordinated notes 49,969 NA NA NA
Junior subordinated debt securities 61,856 61,856 61,856 61,856
Other liabilities 150,970 153,613 145,062 138,384
Total Liabilities 11,205,839 11,832,125 12,226,252 11,695,007

Shareholders' Equity

Common stock, no par value 14,076 14,091 14,115 13,717
Capital surplus 361,467 366,563 369,124 309,545
Retained earnings 1,142,908 1,185,352 1,228,187 1,323,870
Accumulated other comprehensive loss, net of tax (45,394) (45,798) (39,725) (55,679)
Total Shareholders' Equity 1,473,057 1,520,208 1,571,701 1,591,453
Total Liabilities and Shareholders' Equity 12,678,896 13,352,333 13,797,953 13,286,460
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.
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