As Reported Financial Statements

As Reported Financials

Source Document Currency Code (in thousands) 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 6/30/2018 USD 2018 Q2 YTD 6/30/2018 USD
Source Document Currency Code 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 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 13,246 19,176 31,985 33,874 28,449
Interest-bearing deposits with banks 58,359 66,957 97,726 104,032 124,716
Federal funds sold NA 0 20,000 48,396 4,421
Cash and cash equivalents 71,605 86,133 149,711 186,302 157,586
Investment securities available-for-sale 149,590 172,397 144,310 120,121 148,155
Investment securities held-to-maturity 7,349 14,398 16,583 21,689 20,984
Loans held-for-sale 368,935 397,834 465,328 357,755 444,686
Loans 2,253,306 2,896,948 3,302,264 3,580,966 3,792,886
Allowance for loan losses (25,450) (26,464) (29,831) (29,772) (31,623)
Loans, net of allowance for loan losses 2,227,856 2,870,484 3,272,433 3,551,194 3,761,263
Premises and equipment, net 60,857 79,629 87,915 88,463 90,246
Other real estate, net 22,564 18,677 14,814 7,621 6,834
Bank owned life insurance 59,553 66,109 70,151 71,883 72,703
Servicing rights, net 64,897 84,944 99,295 112,615 125,704
Other assets 51,929 58,458 69,145 59,215 64,208
Total assets 3,085,135 3,849,063 4,389,685 4,576,858 4,892,369

Liabilities

Deposits

Noninterest-bearing demand deposits 558,018 786,779 964,900 1,125,598 1,225,657
Interest-bearing deposits 1,900,004 2,392,732 2,665,694 2,741,602 2,843,973
Total deposits 2,458,022 3,179,511 3,630,594 3,867,200 4,069,630
Short-term borrowings 291,087 209,730 243,351 150,580 237,886
Subordinated debt, net 46,303 120,322 120,454 120,587 120,653
Other liabilities 24,772 38,041 32,639 36,859 43,238
Total liabilities 2,820,184 3,547,604 4,027,038 4,175,226 4,471,407

Shareholders' equity

Preferred stock 0 0 0 0 0
Common stock 162,575 169,848 205,309 217,555 223,771
Accumulated other comprehensive (loss)/income, net of tax 2,814 1,544 692 383 (1,096)
Retained earnings 99,562 130,067 156,646 183,694 198,287
Total shareholders' equity 264,951 301,459 362,647 401,632 420,962
Total liabilities and shareholders' equity 3,085,135 3,849,063 4,389,685 4,576,858 4,892,369
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.