Financial Highlights


Financial Highlights
3/31/2017
3/31/2018
6/30/2018
12/31/2018
Assets ($000)
Cash and Due from Banks 41,332 29,478 34,161 38,599
Fed Funds Sold 0 0 0 0
Deposits at Financial Institutions 19,347 18,394 31,147 16,636
Securities Purchased, to Resell 0 0 0 0
Other Cash & Cash Equivalents 0 0 0 0
Cash and Cash Equivalents 60,679 47,872 65,308 55,235
Trading Account Securities 0 0 0 0
Available for Sale Securities 611,054 550,942 543,644 541,248
Held to Maturity Securities 0 0 0 0
Other Securities 10,351 9,226 10,851 13,433
Total Cash & Securities 682,084 608,040 619,803 609,916
Gross Loans Held for Investment 1,488,021 1,601,812 1,849,162 1,897,027
Loan Loss Reserve 15,741 18,188 19,321 19,006
Loans Held for Sale, before Reserves 3,933 2,426 5,206 2,984
Total Net Loans 1,476,213 1,586,050 1,835,047 1,881,005
Real Estate Owned and Held for Investment 13,481 7,063 8,912 7,175
Goodwill 8,375 8,375 18,596 18,680
Core Deposit Intangibles 618 526 3,478 3,134
Other Intangibles 0 0 0 0
Intangible Assets other than Goodwill 618 526 3,478 3,134
Total Intangible Assets 8,993 8,901 22,074 21,814
Loan Servicing Rights 6,608 7,541 7,812 7,357
Credit Card Rights 0 0 0 0
Other Loan Servicing Rights 0 0 0 0
Total Servicing Rights 6,608 7,541 7,812 7,357
Fixed Assets 38,594 37,209 42,532 42,439
Interest Receivable 6,898 9,114 10,244 10,940
Prepaid Expense 2,363 2,419 3,047 NA
Bank-owned Life Insurance 60,691 60,808 61,159 61,544
Other Assets 57,338 39,340 39,118 33,813
Total Other Assets 165,884 148,890 156,100 148,736
Total Assets 2,353,263 2,366,485 2,649,748 2,676,003
Memo: Consolidated VIE Assets 0 0 0 NA
Memo: Covered Loans 0 0 0 0
Memo: Covered OREO 0 0 0 0
Memo: Covered Securities 0 0 0 0
Memo: Covered Assets 0 0 0 0
Liabilities ($000)
Total Deposits 1,937,154 1,962,048 2,161,851 2,116,673
FHLB Borrowings 85,000 45,000 96,121 160,879
Senior Debt 163,713 130,449 198,267 255,669
Trust Preferred (FAS 150) 57,603 57,650 57,662 57,686
Total Subordinated Debt 57,603 57,650 57,662 57,686
Redeemable Financial Instruments (FAS 150) 0 0 0 0
Total Debt 221,316 188,099 255,929 313,355
Total Other Liabilities 12,529 12,337 22,154 16,894
Total Liabilities 2,170,999 2,162,484 2,439,934 2,446,922
Memo: Consolidated VIE Liabilities 0 0 0 NA
Mezzanine ($000)
Redeemable Preferred 0 0 0 0
Trust Preferred Securities 0 0 0 0
Total Minority Interest 0 0 0 0
Other Mezzanine Items 0 0 0 0
Total Mezzanine Level Items 0 0 0 0
Equity ($000)
TARP Preferred Equity 0 0 0 0
Other Preferred Equity 0 0 0 0
Total Preferred Equity 0 0 0 0
Common Equity 182,264 204,001 209,814 229,081
Equity Attributable to Parent Company 182,264 204,001 209,814 229,081
Noncontrolling Interests 0 0 0 0
Total Equity 182,264 204,001 209,814 229,081
Net Unrealized Gain (5,528) (3,792) (4,098) (4,202)
Tot Acc Other Comprehensive Inc (6,036) (3,634) (4,487) (4,079)
Balance Sheet Analysis (%)
Gross Loans HFI/ Total Assets 63.23 67.69 69.79 70.89
Loans/ Deposits 76.81 81.64 85.54 89.62
Loan Loss Reserves/ Gross Loans 1.06 1.13 1.04 1
Reserves/ Loans Held For Investment 1.06 1.14 1.04 1
One Year Gap/ Assets NA NA NA NA
1-4 Loans Serviced for Others($000) 673,093 699,626 704,300 NA
Level 1 Assets($000) 0 3,895 3,876 3,923
Level 2 Assets($000) 581,440 523,096 527,302 532,975
Level 3 Assets($000) 54,598 52,161 45,330 34,860
Level 1 Liabilities($000) 0 0 0 0
Level 2 Liabilities($000) 1,520 2,025 2,287 756
Level 3 Liabilities($000) 0 0 0 0
FTE Employees(actual) 455 462 528 518
Annualized Growth Rates (%)
Asset Growth 18.14 (2.84) 47.88 12.28
Gross Loans HFI Growth 2.49 (3.91) 61.77 17.27
Deposit Growth 15.08 8.14 40.73 10.08
Average Balances ($000)
Avg Gross Loans HFI 1,484,556 1,600,594 1,806,209 1,776,230
Avg Loans HFS 2,670 2,353 2,868 2,766
Average Loans, Gross of Reserves 1,487,226 1,602,947 1,809,077 1,778,996
Avg Securities 571,511 558,081 563,821 555,651
Avg Other Int Earn Assets 12,121 13,819 19,161 17,540
Avg Secs & Other Int Earn Assets 583,632 571,900 582,982 573,191
Avg Interest Earning Assets 2,070,858 2,174,847 2,392,059 2,352,187
Avg Assets 2,280,987 2,352,867 2,586,893 2,547,806
Avg CDs 394,388 382,422 460,909 443,520
Avg Other Interest-bearing Deposits 969,609 970,998 1,059,601 1,035,572
Avg Interest-bearing Deposits 1,363,997 1,353,420 1,520,510 1,479,092
Avg Debt 187,491 229,435 224,402 231,631
Avg Interest-bearing Liabs 1,551,488 1,582,855 1,744,912 1,710,723
Avg Noninterest-bearing Deposits 525,454 554,624 618,765 608,762
Avg Total Deposits 1,889,451 1,908,044 2,139,275 2,087,854
Avg Preferred Equity 0 0 0 0
Avg Common Equity 178,984 201,419 207,537 211,579
Avg Equity 178,984 201,419 207,537 211,579
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