As Reported Financial Statements

As Reported Financials

Source Document Currency Code (in thousands) 2014 Y 6/30/2016 USD 2015 Y 6/30/2017 USD 2016 Y 6/30/2017 USD 2017 Y 6/30/2017 USD 2018 Q3 YTD 3/31/2018 USD
Source Document Currency Code 2014 Y 6/30/2016 USD 2015 Y 6/30/2017 USD 2016 Y 6/30/2017 USD 2017 Y 6/30/2017 USD 2018 Q3 YTD 3/31/2018 USD

INTEREST AND DIVIDEND INCOME

Loans and leases, including fees 147,664 220,486 291,058 358,849 335,510
Investments 25,214 23,878 26,649 28,437 20,666
Total interest and dividend income 172,878 244,364 317,707 387,286 356,176

INTEREST EXPENSE

Deposits 24,817 34,733 42,667 56,494 57,162
Advances from the Federal Home Loan Bank 6,981 8,910 11,175 12,403 14,605
Other borrowings 3,983 1,776 2,854 5,162 2,963
Total interest expense 35,781 45,419 56,696 74,059 74,730
Net interest income 137,097 198,945 261,011 313,227 281,446
Provision for loan and lease losses 5,350 11,200 9,700 11,061 21,900
Net interest income, after provision 131,747 187,745 251,311 302,166 259,546

NON-INTEREST INCOME

Realized gain (loss) on sale of securities 208 587 1,427 3,920 (18)

Other-than-temporary loss on securities

Total impairment (losses) gains (2,359) (6,805) (3,472) (10,937) (6,271)
Loss (gain) recognized in other comprehensive income (443) 4,440 2,907 8,973 6,115
Net impairment loss recognized in earnings (2,802) (2,365) (565) (1,964) (156)
Fair value gain (loss) on trading securities 954 (234) (248) 743 0
Total unrealized (loss) gain on securities (1,848) (2,599) (813) (1,221) (156)
Prepayment penalty fee income 2,687 4,695 2,914 4,574 3,108
Gain on sale - other 6,658 5,793 15,540 4,487 2,888
Mortgage banking income 10,170 15,264 11,076 14,284 11,852
Banking service fees and other income 4,580 6,850 36,196 42,088 36,290
Total non-interest income 22,455 30,590 66,340 68,132 53,964

NON-INTEREST EXPENSE

Salaries and related costs 32,240 43,819 66,667 81,821 72,310
Data processing and internet 5,373 6,632 10,348 13,323 12,191
Advertising and promotional 3,724 6,060 6,867 9,367 11,092
Depreciation and amortization 2,874 3,273 4,795 6,094 5,719
Occupancy and equipment 2,324 3,091 4,326 5,612 4,461
Professional services 5,421 4,122 4,700 4,980 3,954
FDIC and regulator fees 2,343 3,434 4,632 4,330 3,338
Real estate owned and repossessed vehicles (149) (120) (46) 498 (49)
Other general and administrative 5,783 7,167 10,467 11,580 11,247
Total non-interest expense 59,933 77,478 112,756 137,605 124,263
INCOME BEFORE INCOME TAXES 94,269 140,857 204,895 232,693 189,247
INCOME TAXES 38,313 58,175 85,604 97,953 73,953
NET INCOME 55,956 82,682 119,291 134,740 115,294
NET INCOME ATTRIBUTABLE TO COMMON STOCK 55,647 82,373 118,982 134,431 115,062
COMPREHENSIVE INCOME 56,390 83,649 121,386 142,531 113,666
Basic earnings per share 0.97 1.35 1.85 2.07 1.78
Diluted earnings per share 0.96 1.34 1.85 2.07 1.78

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

NET INCOME 55,956 82,682 119,291 134,740 115,294

Other comprehensive income (loss), net of tax

Net unrealized gain (loss) from available-for-sale securities, net of tax expense (benefit) 54 180 (94) 5,218 (5,661)
Other-than-temporary impairment on securities recognized in other comprehensive income, net of tax expense (benefit) 380 1,139 3,018 4,957 3,837
Reclassification of net (gain) loss from available-for-sale securities included in income, net of tax expense (benefit) 0 (352) (829) (2,384) 196
Other comprehensive income (loss) 434 967 2,095 7,791 (1,628)
Comprehensive income 56,390 83,649 121,386 142,531 113,666
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.