As Reported Financial Statements

As Reported Financials

Source Document Currency Code (in thousands) 2013 Y 6/30/2015 USD 2014 Y 6/30/2016 USD 2015 Y 6/30/2016 USD 2016 Y 6/30/2016 USD 2017 Q2 YTD 12/31/2016 USD
Source Document Currency Code 2013 Y 6/30/2015 USD 2014 Y 6/30/2016 USD 2015 Y 6/30/2016 USD 2016 Y 6/30/2016 USD 2017 Q2 YTD 12/31/2016 USD

INTEREST AND DIVIDEND INCOME

Loans and leases, including fees 113,503 147,664 220,486 291,058 166,458
Investments 22,151 25,214 23,878 26,649 15,323
Total interest and dividend income 135,654 172,878 244,364 317,707 181,781

INTEREST EXPENSE

Deposits 22,868 24,817 34,733 42,667 27,525
Advances from the Federal Home Loan Bank 5,939 6,981 8,910 11,175 5,469
Other borrowings 5,219 3,983 1,776 2,854 2,646
Total interest expense 34,026 35,781 45,419 56,696 35,640
Net interest income 101,628 137,097 198,945 261,011 146,141
Provision for loan and lease losses 7,550 5,350 11,200 9,700 6,000
Net interest income, after provision 94,078 131,747 187,745 251,311 140,141

NON-INTEREST INCOME

Realized gain (loss) on sale of securities 212 208 587 1,427 2,612

Other-than-temporary loss on securities

Total impairment (losses) gains (8,080) (2,359) (6,805) (3,472) (8,999)
Loss (gain) recognized in other comprehensive income 4,579 (443) 4,440 2,907 7,529
Net impairment loss recognized in earnings (3,501) (2,802) (2,365) (565) (1,470)
Fair value gain (loss) on trading securities 1,274 954 (234) (248) 567
Total unrealized (loss) gain on securities (2,227) (1,848) (2,599) (813) (903)
Prepayment penalty fee income 1,742 2,687 4,695 2,914 1,935
Gain on sale - other 1,130 6,658 5,793 15,540 3,726
Mortgage banking income 22,953 10,170 15,264 11,076 9,970
Banking service fees and other income 3,900 4,580 6,850 36,196 14,092
Total non-interest income 27,710 22,455 30,590 66,340 31,432

NON-INTEREST EXPENSE

Salaries and related costs 28,874 32,240 43,819 66,667 39,340
Professional services 3,531 5,421 4,122 4,700 2,440
Occupancy and equipment 2,086 2,324 3,091 4,326 2,638
Data processing and internet 2,773 5,373 6,632 10,348 6,113
Advertising and promotional 4,084 3,724 6,060 6,867 4,522
Depreciation and amortization 1,904 2,874 3,273 4,795 2,764
Real estate owned and repossessed vehicles 505 (149) (120) (46) 506
FDIC and regulator fees 2,125 2,343 3,434 4,632 2,124
Other general and administrative 7,705 5,783 7,167 10,467 5,731
Total non-interest expense 53,587 59,933 77,478 112,756 66,178
INCOME BEFORE INCOME TAXES 68,201 94,269 140,857 204,895 105,395
INCOME TAXES 27,910 38,313 58,175 85,604 44,198
NET INCOME 40,291 55,956 82,682 119,291 61,197
NET INCOME ATTRIBUTABLE TO COMMON STOCK 39,456 55,647 82,373 118,982 61,042
COMPREHENSIVE INCOME 34,926 56,390 83,649 121,386 65,999
Basic earnings per share 3.00 0.97 1.35 1.85 0.94
Diluted earnings per share 2.89 0.96 1.34 1.85 0.94

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

NET INCOME 40,291 55,956 82,682 119,291 61,197

Other comprehensive income, net of tax

Net unrealized gain (loss) from available-for-sale securities, net of tax expense (2,796) 54 180 (94) 2,435
Other-than-temporary impairment on securities recognized in other comprehensive income, net of tax expense (2,569) 380 1,139 3,018 3,877
Reclassification of net (gain) loss from available-for-sale securities included in income, net of tax expense 0 0 (352) (829) (1,510)
Other comprehensive income (5,365) 434 967 2,095 4,802
Comprehensive income 34,926 56,390 83,649 121,386 65,999
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.