As Reported Financials

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

Interest Income

Interest and fees on loans 135,170 150,868 172,091 293,131
Interest on loans held for sale 544 387 279 1,245
Interest on deposits with banks 98 213 410 1,304

Interest and dividends on investment securities

Taxable 14,440 11,500 13,881 20,516
Exempt from federal income taxes 8,059 7,583 8,111 7,855
Interest on federal funds sold 1 5 27 31
Total interest income 158,312 170,556 194,799 324,082

Interest Expense

Interest on deposits 5,878 8,161 13,256 39,139
Interest on retail repurchase agreements and federal funds purchased 255 290 337 1,169
Interest on advances from FHLB 13,081 11,610 12,426 21,408
Interest on subordinated debt 899 943 12 1,921
Total interest expense 20,113 21,004 26,031 63,637
Net interest income 138,199 149,552 168,768 260,445
Provision for loan losses 5,371 5,546 2,977 9,023
Net interest income after provision for loan losses 132,828 144,006 165,791 251,422

Non-interest Income

Investment securities gains 36 1,932 1,273 190
Service charges on deposit accounts 7,607 7,953 8,298 9,324
Mortgage banking activities 3,114 4,049 2,734 7,073
Wealth management income 19,931 17,805 19,146 21,284
Insurance agency commissions 5,176 5,408 6,231 6,158
Income from bank owned life insurance 2,571 2,462 2,403 4,327
Bank card fees 4,652 4,674 4,827 5,567
Other income 6,814 6,759 6,331 7,126
Total non-interest income 49,901 51,042 51,243 61,049

Non-interest Expenses

Salaries and employee benefits 71,003 71,354 73,132 96,998
Occupancy expense of premises 12,809 12,960 13,053 18,352
Equipment expenses 6,071 6,883 7,015 9,335
Marketing 2,896 2,851 3,119 3,924
Outside data services 5,023 5,377 5,486 6,603
FDIC insurance 2,491 2,741 3,305 5,095
Amortization of intangible assets 372 130 101 2,162
Litigation expenses (3,869) NA NA NA
Merger expenses 0 0 4,252 11,766
Other expenses 18,551 20,762 19,636 25,548
Total non-interest expenses 115,347 123,058 129,099 179,783
Income before income taxes 67,382 71,990 87,935 132,688
Income tax expense 22,027 23,740 34,726 31,824
Net income 45,355 48,250 53,209 100,864

Net Income Per Share Amounts

Basic net income per share 1.84 2.00 2.20 2.82
Diluted net income per share 1.84 2.00 2.20 2.82
Dividends declared per share 0.90 0.98 1.04 1.10

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

Net income 45,355 48,250 53,209 100,864

Other comprehensive income

Investments available-for-sale
Net change in unrealized losses on investments available-for-sale (2,520) (6,246) (294) (9,925)
Related income tax benefit 1,030 2,484 108 2,600
Net investment gains reclassified into earnings (36) (1,932) (1,273) (190)
Related income tax expense 14 770 504 50
Net effect on other comprehensive loss (1,512) (4,924) (955) (7,465)
Defined benefit pension plan
Recognition of unrealized gain (loss) 1,736 (651) 1,202 135
Related income tax (expense) benefit (698) 258 (490) (90)
Net effect on other comprehensive income (loss) 1,038 (393) 712 45
Total other comprehensive loss (474) (5,317) (243) (7,420)
Comprehensive income 44,881 42,933 52,966 93,444
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