As Reported Financials

Source Document Currency Code (in thousands) 2013 Y 12/31/2015 USD 2014 Y 12/31/2016 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2016 USD 2017 Q3 YTD 9/30/2017 USD
Source Document Currency Code 2013 Y 12/31/2015 USD 2014 Y 12/31/2016 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2016 USD 2017 Q3 YTD 9/30/2017 USD

Interest income

Interest and fees on loans and leases 122,380 123,369 135,170 150,868 126,861
Interest on loans held for sale 929 312 544 387 273
Interest on deposits with banks 84 85 98 213 289

Interest and dividends on investment securities

Taxable 16,635 15,377 14,440 11,500 10,572
Exempt from federal income taxes 9,318 9,222 8,059 7,583 6,110
Interest on federal funds sold 1 1 1 5 18
Total interest income 149,347 148,366 158,312 170,556 144,123

Interest expense

Interest on deposits 5,439 4,791 5,878 8,161 9,212
Interest on retail repurchase agreements and federal funds purchased 163 164 255 290 238
Interest on advances from FHLB 12,936 12,982 13,081 11,610 9,385
Interest on subordinated debt 895 881 899 943 12
Total interest expense 19,433 18,818 20,113 21,004 18,847
Net interest income 129,914 129,548 138,199 149,552 125,276
Provision for loan losses (1,084) (163) 5,371 5,546 2,450
Net interest income after provision for loan losses 130,998 129,711 132,828 144,006 122,826

Non-interest income

Investment securities gains 115 5 36 1,932 1,275
Service charges on deposit accounts 8,533 8,422 7,607 7,953 6,121
Mortgage banking activities 3,094 1,994 3,114 4,049 2,080
Wealth management income 17,585 19,086 19,931 17,805 14,092
Insurance agency commissions 4,821 4,996 5,176 5,408 4,924
Income from bank owned life insurance 2,499 2,444 2,571 2,462 1,808
Bank card fees 4,165 4,439 4,652 4,674 3,609
Other income 6,699 5,485 6,814 6,759 5,040
Total non-interest income 47,511 46,871 49,901 51,042 38,949

Non-interest expense

Salaries and employee benefits 65,598 66,387 71,003 71,354 54,525
Occupancy expense of premises 13,171 13,692 12,809 12,960 9,907
Equipment expense 4,940 5,188 6,071 6,883 5,213
Marketing 2,880 2,926 2,896 2,851 2,223
Outside data services 4,580 4,947 5,023 5,377 4,045
FDIC insurance 2,300 2,302 2,491 2,741 2,478
Amortization of intangible assets 1,845 821 372 130 76
Litigation expenses 0 6,519 (3,869) 0 NA
Merger expenses NA NA NA NA 1,332
Other expense 16,210 18,018 18,551 20,762 14,241
Total non-interest expense 111,524 120,800 115,347 123,058 94,040
Income before income taxes 66,985 55,782 67,382 71,990 67,735
Income tax expense 22,563 17,582 22,027 23,740 22,793
Net income 44,422 38,200 45,355 48,250 44,942

Per share information

Basic net income per share 1.78 1.53 1.84 2.00 1.86
Diluted net income per share 1.77 1.52 1.84 2.00 1.86
Dividends declared per common share 0.64 0.76 0.90 0.98 0.78

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

Net income 44,422 38,200 45,355 48,250 44,942

Other comprehensive income

Investments available-for-sale
Net change in unrealized gains/(losses) on investments available-for-sale (33,214) 12,812 (2,520) (6,246) 5,618
Related income tax (expense)/benefit 13,245 (5,089) 1,030 2,484 (2,236)
Net investment gains reclassified into earnings 115 (5) (36) (1,932) (1,275)
Related income tax expense (46) 2 14 770 508
Net effect on other comprehensive income for the period (19,900) 7,720 (1,512) (4,924) 2,615
Defined benefit pension plan
Recognition of unrealized loss 9,340 (9,235) 1,736 (651) 886
Related income tax benefit (3,722) 3,662 (698) 258 (364)
Net effect on other comprehensive income for the period 5,618 (5,573) 1,038 (393) 522
Total other comprehensive income (14,282) 2,147 (474) (5,317) 3,137
Comprehensive income 30,140 40,347 44,881 42,933 48,079
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.