As Reported Financials

As Reported Financials

Document Name As Of Date Currency Code (in thousands) 2015 Y 10-K 12/31/2015 USD 2016 Y 10-K 12/31/2016 USD 2017 Y 10-K 12/31/2017 USD 2018 Y 10-Q 12/31/2018 USD 2019 Q3 YTD 10-Q 9/30/2019 USD
Document Name As Of Date Currency Code 2015 Y 10-K 12/31/2015 USD 2016 Y 10-K 12/31/2016 USD 2017 Y 10-K 12/31/2017 USD 2018 Y 10-Q 12/31/2018 USD 2019 Q3 YTD 10-Q 9/30/2019 USD

ASSETS

Cash and due from banks 50,902 66,368 68,571 107,007 143,825
Deposits in other financial institutions (restricted cash) NA 0 16,991 28,345 454,983
Federal funds sold and FRB deposits 101,580 109,286 195,057 231,981 238,470
Cash and cash equivalents 152,482 175,654 280,619 367,333 837,278
Trading securities, at fair value 2,107 12,383 6,777 1,737 4,273
Available for sale debt securities, at fair value 604,739 740,702 1,060,143 1,727,348 1,779,956
Held to maturity debt securities 272,840 250,543 232,399 216,833 207,209
Loans held for sale 1,529 2,285 19,647 40,399 125,182
Loans, excluding purchased credit impaired 2,383,248 3,243,823 4,609,063 8,181,533 11,773,424
Purchased credit impaired loans 210,528 185,924 164,158 158,971 142,982
Allowance for loan losses (22,264) (27,041) (32,825) (39,770) (41,991)
Net Loans 2,571,512 3,402,706 4,740,396 8,300,734 11,874,415
Bank premises and equipment, net 101,821 114,815 141,886 227,454 295,860
Operating right-of-use lease assets NA NA NA 0 32,117
Accrued interest receivable 10,286 12,112 18,628 33,143 43,780
FHLB, FRB and other stock, at cost 14,041 17,669 34,876 79,584 104,523
Goodwill 76,739 106,028 257,683 802,880 1,204,417
Core deposit intangible, net 12,164 15,510 24,063 66,225 95,175
Trust intangible, net 837 NA NA NA NA
Other intangible assets, net NA 784 551 2,953 4,700
Bank owned life insurance 85,890 98,424 146,739 267,820 328,736
Other repossessed real estate owned 11,196 7,090 3,987 2,909 6,558
FDIC indemnification asset 25,795 NA NA NA NA
Deferred income tax asset, net 46,220 63,208 37,725 51,462 37,921
Bank property held for sale 1,665 8,599 11,354 25,080 29,650
Interest rate swap derivatives, at fair value 18,619 31,817 42,480 92,475 367,950
Prepaid expense and other assets 12,235 18,230 64,022 31,219 40,676
TOTAL ASSETS 4,022,717 5,078,559 7,123,975 12,337,588 17,420,376

LIABILITIES AND EQUITY

Deposits

Interest bearing 2,082,040 2,725,920 NA NA NA
Demand - non-interest bearing 1,133,138 1,426,624 1,999,901 2,923,640 4,081,078
Demand - interest bearing NA NA 1,058,985 1,811,006 2,430,149
Savings and money market accounts NA NA 1,668,954 2,920,730 4,428,501
Time deposits NA NA 832,683 1,821,960 2,423,335
Total deposits 3,215,178 4,152,544 5,560,523 9,477,336 13,363,063
Securities sold under agreement to repurchase 27,472 28,427 52,080 57,772 76,332
Federal funds purchased 200,250 261,986 331,490 294,360 259,077
Other borrowed funds 25,000 0 175,000 361,000 314,652
Corporate debentures 24,093 25,958 26,192 32,415 32,678
Accrued interest payable 218 851 1,169 2,627 4,838
Interest rate swap derivatives, at fair value 19,822 32,691 43,259 92,892 371,889
Operating lease liabilities NA NA NA 0 34,545
Payables and accrued expenses 20,170 23,645 29,512 47,842 105,600
Total liabilities 3,532,203 4,526,102 6,219,225 10,366,244 14,562,674

Equity

Common stock 455 482 602 957 1,260
Additional paid-in capital 393,191 430,459 737,905 1,699,031 2,428,092
Retained earnings 95,430 130,090 173,248 293,777 408,314
Accumulated other comprehensive income (loss) 1,438 (8,574) (7,005) (22,421) 20,036
Total common stockholders' equity 490,514 552,457 904,750 NA NA
Total equity NA NA NA 1,971,344 2,857,702
TOTAL LIABILITIES AND EQUITY 4,022,717 5,078,559 7,123,975 12,337,588 17,420,376
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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