Financial Highlights
3/31/2017
3/31/2018
6/30/2018
12/31/2018
Interest Income 31,385 37,068 39,674 159,686
Interest Expense 5,794 8,675 10,431 44,523
Net Interest Income 25,591 28,393 29,243 115,163
FTE Net Interest Income 25,831 28,771 29,625 116,740
Provision for Loan Losses 1,600 1,250 300 3,550
Trading Account Income 0 0 0 0
Foreign Exchange Income 0 0 0 0
Trust Revenue 4,572 8,152 7,907 32,356
Service Charges on Deposits 771 831 873 3,502
Gain on Sale of Loans (FAS 140) 202 125 893 (2,422)
Loan Fees & Charges 179 269 233 937
Bank-owned Life Insurance Revenue 322 336 345 1,381
Insurance Revenue 89 62 54 226
Investment Banking & Brokerage 157 153 165 663
Other Noninterest Income 727 365 1,280 5,001
Total Noninterest Income 7,019 10,293 11,750 41,644
Realized Gain on Securities 0 (78) (36) (393)
Nonrecurring Revenue 0 0 0 3,000
Compensation & Benefits 11,913 14,579 15,826 62,483
Occupancy & Equipment 2,816 3,270 3,406 13,497
Marketing and Promotion Expense 163 311 414 1,340
Professional Fees 862 1,114 1,178 4,328
Tech & Communications Expense 243 284 271 1,077
Amrt of Intang & Goodwill Impair 31 180 179 1,187
Foreclosure & Repo 0 0 178 290
Other Expense 3,276 3,599 3,463 13,283
Total Noninterest Expense 19,304 23,337 24,915 97,485
Nonrecurring Expense 0 0 0 659
Pre-Provision Net Revenue 13,546 15,727 16,460 60,899
Non-FTE Pre-Provision Net Revenue 13,306 15,349 16,078 59,322
Net Income before Taxes 11,706 14,021 15,742 57,720
Provision for Taxes 3,724 3,214 3,832 13,550
Effective Tax Rate(%) 31.81 22.92 24.34 23.48
Min Int & Oth after-tax Items 0 0 0 0
Extraordinary Items 0 0 0 0
Net Income 7,982 10,807 11,910 44,170
Net Income Attributable to Noncontrolling Int 0 0 0 0
Net Income Attributable to Parent 7,982 10,807 11,910 44,170
Preferred Dividends 0 0 0 0
Other Preferred Dividends after Net Income 0 0 0 0
Other Changes to Net Income 0 0 0 0
Net Income Avail to Common 7,982 10,807 11,910 44,170
Net Income for Diluted EPS 7,982 10,807 11,910 44,170
EPS after Extra($) 0.46 0.57 0.62 2.31
EPS after Extra Growth(%) 35.30 23.90 37.80 13.80
Pre-Provision Earnings per Share($) 0.50 0.64 0.66 2.45
Comprehensive Income
Net Income 7,982 10,807 11,910 44,170
Preferred Dividend Adjustment to Comprehensive Inc 0 0 0 0
Total Other Comprehensive Income 909 (1,757) 88 (1,260)
Comprehensive Income 8,891 9,050 11,998 42,910
Interest Income Earned On:
Interest Earned on Loans 29,658 34,966 37,408 149,823
Int Inc: Securities 1,703 2,123 2,253 9,634
Int Inc: Other Earn Assets 264 357 395 1,806
Int Inc: Secs & Oth Earn Assets 1,967 2,480 2,648 11,440
Int Inc: Total Earn Assets 31,625 37,446 40,056 161,263
Interest Expense Incurred On:
Int Exp: CDs 2,061 2,578 2,729 11,546
Int Exp: Other Deposits 2,532 4,399 5,220 24,066
Int Exp: Total Deposits 4,593 6,977 7,949 35,612
Int Exp: Debt 1,201 1,698 2,482 8,911
Int Exp: Total Int-bearing Liab 5,794 8,675 10,431 44,523
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.