As Reported Financials

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 52,067 50,902 66,368 68,571 112,943
Deposits in other financial institutions (restricted cash) NA NA 0 16,991 5,236
Federal funds sold and Federal Reserve Bank deposits 106,346 101,580 109,286 195,057 488,152
Cash and cash equivalents 158,413 152,482 175,654 280,619 606,331
Trading securities, at fair value 3,420 2,107 12,383 6,777 0
Investment securities available for sale, at fair value 517,457 604,739 740,702 1,060,143 1,536,842
Investment securities held to maturity 237,362 272,840 250,543 232,399 219,850
Loans held for sale 1,251 1,529 2,285 19,647 39,554
Loans, excluding purchased credit impaired 2,152,759 2,383,248 3,243,823 4,609,063 8,055,421
Purchased credit impaired loans 276,766 210,528 185,924 164,158 167,671
Allowance for loan losses (19,898) (22,264) (27,041) (32,825) (38,811)
Net Loans 2,409,627 2,571,512 3,402,706 4,740,396 8,184,281
Bank premises and equipment, net 98,848 101,821 114,815 141,886 224,506
Accrued interest receivable 8,999 10,286 12,112 18,628 32,972
Federal Home Loan Bank, Federal Reserve Bank and other stock, at cost 14,219 14,041 17,669 34,876 70,311
Goodwill 76,739 76,739 106,028 257,683 802,880
Core deposit intangible, net 14,417 12,164 15,510 24,063 69,133
Trust intangible, net 984 837 NA NA NA
Other intangible assets, net NA NA 784 551 2,925
Bank owned life insurance 83,544 85,890 98,424 146,739 267,979
Other repossessed real estate owned covered by FDIC loss share agreements 19,404 NA NA NA NA
Other repossessed real estate owned 8,896 11,196 7,090 3,987 4,643
FDIC indemnification asset 49,054 25,795 NA NA NA
Deferred income tax asset, net 49,587 46,220 63,208 37,725 60,839
Bank property held for sale 2,675 1,665 8,599 11,354 27,081
Interest rate swap derivatives, at fair value NA 18,619 31,817 42,480 87,946
Prepaid expense and other assets 21,973 12,235 18,230 64,022 36,292
TOTAL ASSETS 3,776,869 4,022,717 5,078,559 7,123,975 12,274,365

LIABILITIES AND STOCKHOLDERS' EQUITY

Deposits

Interest bearing 2,043,166 2,082,040 2,725,920 NA NA
Demand - non-interest bearing 1,048,874 1,133,138 1,426,624 1,999,901 3,094,652
Demand - interest bearing NA NA NA 1,058,985 1,702,467
Savings and money market accounts NA NA NA 1,668,954 2,815,119
Time deposits NA NA NA 832,683 1,862,288
Total deposits 3,092,040 3,215,178 4,152,544 5,560,523 9,474,526
Securities sold under agreement to repurchase 27,022 27,472 28,427 52,080 51,311
Federal funds purchased 151,992 200,250 261,986 331,490 272,002
Other borrowed funds 0 25,000 0 175,000 371,000
Corporate debentures 23,917 24,093 25,958 26,192 41,328
Accrued interest payable 336 218 851 1,169 2,570
Interest rate swap derivatives, at fair value NA 19,822 32,691 43,259 88,065
Payables and accrued expenses 29,085 20,170 23,645 29,512 60,404
Total liabilities 3,324,392 3,532,203 4,526,102 6,219,225 10,361,206

Stockholders' equity

Common stock 453 455 482 602 956
Additional paid-in capital 388,698 393,191 430,459 737,905 1,697,396
Retained earnings 59,273 95,430 130,090 173,248 252,695
Accumulated other comprehensive loss 4,053 1,438 (8,574) (7,005) (37,888)
Total stockholders' equity 452,477 490,514 552,457 904,750 1,913,159
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 3,776,869 4,022,717 5,078,559 7,123,975 12,274,365
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.
Copyright 2018, © S&P Global Market Intelligence  Terms of Use