Financial Statements

Investor Relations

Excel download Email page PDF view Print view Email Alert Social media sharing

As Reported Financials

Document Name As Of Date Currency Code (in thousands) 2015 Y AR 12/31/2015 USD 2016 Y S-1 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 AR 12/31/2015 USD 2016 Y S-1 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 5,257 1,037 7,428 9,435 19,424
Interest-bearing deposits at other financial institutions 23,443 18,707 15,139 34,060 92,986
Federal funds sold and Federal Home Loan Bank deposit NA 202,523 NA NA NA
Total cash and cash equivalents NA 19,946,968 NA NA NA
Investment securities available for sale NA 16,855,645 NA NA NA
Federal Home Loan Bank stock, at cost NA 1,757,500 NA NA NA
Securities held-to-maturity 2,247 NA 1,760 1,761 264
Securities available-for-sale, at fair value 65,548 NA 115,952 123,537 136,268
Restricted stock, at cost 4,048 NA 3,438 5,299 6,017
Loans, net of allowance for loan losses 617,320 159,423 880,952 1,127,584 1,233,337
Premises and equipment, net 1,512 752 1,236 2,271 2,029
Accrued interest receivable 1,908 554 2,964 4,050 4,279
Foreclosed real estate NA 94,190 NA NA NA
Deferred income taxes NA 1,172,586 NA NA NA
Prepaid expenses 648 NA 698 892 1,165
Deferred tax assets, net 3,685 NA 3,155 8,591 7,673
Goodwill and intangibles, net 139 NA 99 8,443 8,119
Bank owned life insurance (BOLI) 10,525 NA 15,969 16,406 26,820
Other real estate owned (OREO) NA NA 3,866 4,224 3,866
Operating lease right-of-use assets NA NA NA 0 13,597
Other assets 527 327 568 5,023 9,352
Total assets 736,807 200,883 1,053,224 1,351,576 1,565,196

Liabilities and Stockholders' Equity

Liabilities

Deposits
Noninterest-bearing 129,078 14,837 175,446 233,318 294,825
Interest-bearing NA 130,258,085 NA NA NA
Interest-bearing checking, savings and money market 285,623 NA 379,101 583,736 622,820
Time deposits 211,938 NA 373,616 345,386 400,075
Total deposits 626,640 145,095 928,163 1,162,440 1,317,720
FHLB advances 35,650,000 NA NA 0 15,000
Subordinated notes, net of issuance costs 0 NA 24,327 24,407 24,467
Securities sold under repurchase agreements NA 74,328 NA NA NA
Federal Home Loan Bank advances NA 35,000,000 NA NA NA
Accrued interest payable 133 74 417 811 924
Operating lease liabilities NA NA NA 0 13,971
Accrued expenses and other liabilities 1,633 509 2,034 5,582 18,045
Total liabilities 664,056 NA 954,941 1,193,240 1,390,127

Stockholders' Equity

Shares authorized NA NA 1,000,000 NA NA
Shares issued and outstanding NA NA 0 NA NA
Preferred stock 0 NA 0 0 0
Common stock 65 3,442 109 137 139
Additional paid-in capital 62,344 28,591 74,008 123,882 125,483
Accumulated deficit NA (11,757,975) NA NA NA
Retained earnings 10,957 NA 25,859 36,728 48,746
Accumulated other comprehensive income (loss), net (614) (143) (1,693) (2,411) 701
Total stockholders' equity 72,752 20,132 98,283 158,336 175,069
Total liabilities and stockholders' equity 736,807 200,883 1,053,224 1,351,576 1,565,196
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.