Financial Highlights
3/31/2017
3/31/2018
6/30/2018
12/31/2018
Assets ($000)
Cash and Due from Banks 4,910 4,223 4,458 5,914
Fed Funds Sold 101 101 101 101
Deposits at Financial Institutions 113,953 149,192 62,231 154,758
Securities Purchased, to Resell 0 0 0 0
Other Cash & Cash Equivalents 0 0 0 0
Cash and Cash Equivalents 118,964 153,516 66,790 160,773
Trading Account Securities 0 0 0 0
Available for Sale Securities 300,232 342,553 346,790 377,936
Held to Maturity Securities 0 0 0 0
Other Securities 15,436 28,449 26,243 23,252
Total Cash & Securities 434,632 524,518 439,823 561,961
Gross Loans Held for Investment 3,439,650 3,708,297 3,722,905 3,927,931
Loan Loss Reserve 33,610 37,696 38,066 38,504
Loans Held for Sale, before Reserves 128 3,419 3,996 5,118
Total Net Loans 3,406,168 3,674,020 3,688,835 3,894,545
Real Estate Owned and Held for Investment 671 2,090 1,608 0
Goodwill 1,573 17,107 17,107 24,417
Core Deposit Intangibles 0 0 0 0
Other Intangibles 1,553 6,549 6,546 7,982
Intangible Assets other than Goodwill 1,553 6,549 6,546 7,982
Total Intangible Assets 3,126 23,656 23,653 32,399
Loan Servicing Rights 0 424 512 90
Credit Card Rights 0 0 NA NA
Other Loan Servicing Rights 0 97 NA NA
Total Servicing Rights 0 521 NA NA
Fixed Assets 30,113 28,923 28,404 27,408
Interest Receivable 6,823 7,306 7,202 10,814
Prepaid Expense NA 1,274 1,133 1,456
Bank-owned Life Insurance 43,992 44,779 44,980 45,353
Other Assets 22,037 29,407 29,024 43,832
Total Other Assets 102,965 111,689 110,743 128,863
Total Assets 3,947,562 4,336,494 4,265,174 4,617,858
Memo: Consolidated VIE Assets 0 0 0 0
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 3,430,644 3,552,156 3,522,913 3,895,340
FHLB Borrowings 93,345 238,898 180,248 108,000
Senior Debt 102,901 247,798 188,976 116,362
Trust Preferred (FAS 150) 0 0 0 0
Total Subordinated Debt 48,796 83,079 83,133 83,193
Redeemable Financial Instruments (FAS 150) 0 0 0 0
Total Debt 151,697 330,877 272,109 199,555
Total Other Liabilities 24,293 31,055 33,133 53,950
Total Liabilities 3,606,634 3,914,088 3,828,155 4,148,845
Memo: Consolidated VIE Liabilities 0 0 0 0
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 340,928 422,406 437,019 469,013
Equity Attributable to Parent Company 340,928 422,406 437,019 469,013
Noncontrolling Interests 0 0 0 0
Total Equity 340,928 422,406 437,019 469,013
Net Unrealized Gain (694) (4,345) (4,839) (3,006)
Tot Acc Other Comprehensive Inc (622) (2,842) (2,754) (2,345)
Balance Sheet Analysis (%)
Gross Loans HFI/ Total Assets 87.13 85.51 87.29 85.06
Loans/ Deposits 100.26 104.40 105.68 100.84
Loan Loss Reserves/ Gross Loans 0.98 1.02 1.02 0.98
Reserves/ Loans Held For Investment 0.98 1.02 1.02 0.98
One Year Gap/ Assets NA NA NA NA
1-4 Loans Serviced for Others($000) 415 17,517 12,759 12,590
Level 1 Assets($000) 4,824 4,746 4,710 4,719
Level 2 Assets($000) 298,625 352,521 364,058 390,858
Level 3 Assets($000) 2,455 0 0 0
Level 1 Liabilities($000) 0 0 0 0
Level 2 Liabilities($000) 3,096 7,796 9,992 10,538
Level 3 Liabilities($000) 0 0 0 0
FTE Employees(actual) 356 387 394 409
Annualized Growth Rates (%)
Asset Growth 7.11 7.13 (6.58) 8.39
Gross Loans HFI Growth 15.40 0.42 1.58 6.03
Deposit Growth 2.20 (15.81) (3.29) 5.33
Average Balances ($000)
Avg Gross Loans HFI 3,375,897 3,706,369 3,715,601 3,761,494
Avg Loans HFS 858 2,295 3,708 3,718
Average Loans, Gross of Reserves 3,365,054 3,704,399 3,731,011 3,763,747
Avg Securities 316,389 363,860 382,184 383,748
Avg Other Int Earn Assets 137,690 99,572 94,871 103,160
Avg Secs & Other Int Earn Assets 454,079 463,432 477,055 486,908
Avg Interest Earning Assets 3,819,133 4,167,831 4,208,066 4,250,655
Avg Assets 3,911,581 4,264,238 4,303,537 4,350,335
Avg CDs 542,577 628,165 619,299 618,912
Avg Other Interest-bearing Deposits 2,398,187 2,478,154 2,376,918 2,499,707
Avg Interest-bearing Deposits 2,940,764 3,106,319 2,996,217 3,118,619
Avg Debt 118,503 178,464 313,233 246,567
Avg Interest-bearing Liabs 3,059,267 3,284,783 3,309,450 3,365,186
Avg Noninterest-bearing Deposits 501,183 539,882 536,306 516,718
Avg Total Deposits 3,441,947 3,646,201 3,532,523 3,635,337
Avg Preferred Equity 0 0 0 0
Avg Common Equity 331,980 410,215 428,746 435,890
Avg Equity 331,980 410,215 428,746 435,890
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