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 9/30/2018 USD 2018 Q3 YTD 9/30/2018 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 9/30/2018 USD 2018 Q3 YTD 9/30/2018 USD

Assets

Cash and due from banks 13,246 19,176 31,985 33,874 52,125
Interest-bearing deposits with banks 58,359 66,957 97,726 104,032 126,046
Federal funds sold NA 0 20,000 48,396 4,501
Cash and cash equivalents 71,605 86,133 149,711 186,302 182,672
Investment securities available-for-sale 149,590 172,397 144,310 120,121 209,180
Investment securities held-to-maturity 7,349 14,398 16,583 21,689 20,383
Loans held-for-sale 368,935 397,834 465,328 357,755 371,319
Loans 2,253,306 2,896,948 3,302,264 3,580,966 3,706,953
Allowance for loan losses (25,450) (26,464) (29,831) (29,772) (31,157)
Loans, net of allowance for loan losses 2,227,856 2,870,484 3,272,433 3,551,194 3,675,796
Premises and equipment, net 60,857 79,629 87,915 88,463 91,359
Other real estate, net 22,564 18,677 14,814 7,621 8,031
Bank owned life insurance 59,553 66,109 70,151 71,883 71,092
Servicing rights, net 64,897 84,944 99,295 112,615 116,982
Other assets 51,929 58,458 69,145 59,215 65,242
Total assets 3,085,135 3,849,063 4,389,685 4,576,858 4,812,056

Liabilities

Deposits

Noninterest-bearing demand deposits 558,018 786,779 964,900 1,125,598 1,249,391
Interest-bearing deposits 1,900,004 2,392,732 2,665,694 2,741,602 2,800,578
Total deposits 2,458,022 3,179,511 3,630,594 3,867,200 4,049,969
Short-term borrowings 291,087 209,730 243,351 150,580 163,562
Subordinated debt, net 46,303 120,322 120,454 120,587 120,680
Other liabilities 24,772 38,041 32,639 36,859 45,747
Total liabilities 2,820,184 3,547,604 4,027,038 4,175,226 4,379,958

Shareholders' equity

Preferred stock 0 0 0 0 0
Common stock 162,575 169,848 205,309 217,555 226,605
Accumulated other comprehensive (loss)/income, net of tax 2,814 1,544 692 383 (2,270)
Retained earnings 99,562 130,067 156,646 183,694 207,763
Total shareholders' equity 264,951 301,459 362,647 401,632 432,098
Total liabilities and shareholders' equity 3,085,135 3,849,063 4,389,685 4,576,858 4,812,056
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.