As Reported Financials

As Reported Financials

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

ASSETS

Cash and due from banks 50,902 66,368 68,571 107,007
Deposits in other financial institutions (restricted cash) NA 0 16,991 28,345
Federal funds sold and FRB deposits 101,580 109,286 195,057 231,981
Cash and cash equivalents 152,482 175,654 280,619 367,333
Trading securities, at fair value 2,107 12,383 6,777 1,737
Available for sale debt securities, at fair value 604,739 740,702 1,060,143 1,727,348
Held to maturity debt securities 272,840 250,543 232,399 216,833
Loans held for sale 1,529 2,285 19,647 40,399
Loans, excluding purchased credit impaired 2,383,248 3,243,823 4,609,063 8,181,533
Purchased credit impaired loans 210,528 185,924 164,158 158,971
Allowance for loan losses (22,264) (27,041) (32,825) (39,770)
Net Loans 2,571,512 3,402,706 4,740,396 8,300,734
Bank premises and equipment, net 101,821 114,815 141,886 227,454
Accrued interest receivable 10,286 12,112 18,628 33,143
FHLB, FRB and other stock, at cost 14,041 17,669 34,876 79,584
Goodwill 76,739 106,028 257,683 802,880
Core deposit intangible, net 12,164 15,510 24,063 66,225
Trust intangible, net 837 NA NA NA
Other intangible assets, net NA 784 551 2,953
Bank owned life insurance 85,890 98,424 146,739 267,820
Other repossessed real estate owned 11,196 7,090 3,987 2,909
FDIC indemnification asset 25,795 NA NA NA
Deferred income tax asset, net 46,220 63,208 37,725 51,462
Bank property held for sale 1,665 8,599 11,354 25,080
Interest rate swap derivatives, at fair value 18,619 31,817 42,480 92,475
Prepaid expense and other assets 12,235 18,230 64,022 31,219
TOTAL ASSETS 4,022,717 5,078,559 7,123,975 12,337,588

LIABILITIES AND STOCKHOLDERS' EQUITY

Deposits

Interest bearing 2,082,040 2,725,920 NA NA
Demand - non-interest bearing 1,133,138 1,426,624 1,999,901 2,923,640
Demand - interest bearing NA NA 1,058,985 1,811,006
Savings and money market accounts NA NA 1,668,954 2,920,730
Time deposits NA NA 832,683 1,821,960
Total deposits 3,215,178 4,152,544 5,560,523 9,477,336
Securities sold under agreement to repurchase 27,472 28,427 52,080 57,772
Federal funds purchased 200,250 261,986 331,490 294,360
Other borrowed funds 25,000 0 175,000 361,000
Corporate debentures 24,093 25,958 26,192 32,415
Accrued interest payable 218 851 1,169 2,627
Interest rate swap derivatives, at fair value 19,822 32,691 43,259 92,892
Payables and accrued expenses 20,170 23,645 29,512 47,842
Total liabilities 3,532,203 4,526,102 6,219,225 10,366,244

Stockholders' equity

Common stock 455 482 602 957
Additional paid-in capital 393,191 430,459 737,905 1,699,031
Retained earnings 95,430 130,090 173,248 293,777
Accumulated other comprehensive loss 1,438 (8,574) (7,005) (22,421)
Total stockholders' equity 490,514 552,457 904,750 1,971,344
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 4,022,717 5,078,559 7,123,975 12,337,588
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.
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