Financial Highlights

Financial Highlights
3/31/2017
3/31/2018
6/30/2018
12/31/2018
Assets ($000)
Cash and Due from Banks NA 95,050 78,640 123,755
Fed Funds Sold NA 26,240 34,372 39,363
Deposits at Financial Institutions NA 276,329 279,952 204,217
Securities Purchased, to Resell NA 5,000 0 0
Other Cash & Cash Equivalents NA 0 0 0
Cash and Cash Equivalents 283,782 402,619 392,964 367,333
Trading Account Securities 0 428 1,848 1,737
Available for Sale Securities 819,352 1,530,539 1,528,270 1,727,348
Held to Maturity Securities 243,812 227,966 223,839 216,833
Other Securities 19,040 44,532 67,656 80,962
Total Cash & Securities 1,365,986 2,206,084 2,214,577 2,394,213
Gross Loans Held for Investment 3,520,004 6,877,364 7,039,820 8,340,504
Loan Loss Reserve 27,819 34,429 37,484 39,770
Loans Held for Sale, before Reserves 2,637 28,485 36,366 40,399
Total Net Loans 3,494,822 6,871,420 7,038,702 8,341,133
Real Estate Owned and Held for Investment 7,201 6,814 5,376 2,909
Goodwill 106,028 609,720 605,232 802,880
Core Deposit Intangibles 14,785 53,944 51,754 66,225
Other Intangibles 754 0 923 1,388
Intangible Assets other than Goodwill 15,539 53,944 52,677 67,613
Total Intangible Assets 121,567 663,664 657,909 870,493
Loan Servicing Rights 0 0 0 1,565
Credit Card Rights 0 NA NA NA
Other Loan Servicing Rights 0 NA NA NA
Total Servicing Rights 0 749 NA NA
Fixed Assets 120,707 223,584 220,985 252,534
Interest Receivable 12,971 25,896 26,721 33,143
Prepaid Expense NA NA 8,849 11,454
Bank-owned Life Insurance 99,065 210,302 211,676 267,820
Other Assets 106,677 139,483 151,928 162,324
Total Other Assets 339,420 599,265 620,159 727,275
Total Assets 5,328,996 10,347,996 10,536,723 12,337,588
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 4,297,123 8,111,998 8,221,808 9,477,336
FHLB Borrowings 0 250,000 300,000 350,000
Senior Debt 306,243 605,254 606,011 702,132
Trust Preferred (FAS 150) 26,016 32,152 32,240 32,415
Total Subordinated Debt 26,016 43,152 43,240 43,415
Redeemable Financial Instruments (FAS 150) 0 0 0 0
Total Debt 332,259 648,406 649,251 745,547
Total Other Liabilities 65,213 69,746 125,416 143,361
Total Liabilities 4,694,595 8,830,150 8,996,475 10,366,244
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 634,401 1,517,846 1,540,248 1,971,344
Equity Attributable to Parent Company 634,401 1,517,846 1,540,248 1,971,344
Noncontrolling Interests 0 0 0 0
Total Equity 634,401 1,517,846 1,540,248 1,971,344
Net Unrealized Gain (5,375) (25,488) (30,534) (22,421)
Tot Acc Other Comprehensive Inc (5,375) (25,488) (30,534) (22,421)
Balance Sheet Analysis (%)
Gross Loans HFI/ Total Assets 66.05 66.46 66.81 67.60
Loans/ Deposits 81.92 84.78 85.62 88
Loan Loss Reserves/ Gross Loans 0.79 0.50 0.53 0.47
Reserves/ Loans Held For Investment 0.79 0.50 0.53 0.48
One Year Gap/ Assets NA NA NA NA
1-4 Loans Serviced for Others($000) 0 97 1,070 1,054
Level 1 Assets($000) 0 0 0 0
Level 2 Assets($000) 854,459 1,615,005 1,639,930 1,863,524
Level 3 Assets($000) 15,715 12,445 18,308 16,284
Level 1 Liabilities($000) 0 0 0 0
Level 2 Liabilities($000) 35,979 55,991 73,797 93,056
Level 3 Liabilities($000) 0 2 51 5
FTE Employees(actual) 997 1,749 1,685 2,113
Annualized Growth Rates (%)
Asset Growth 19.73 181.02 7.30 73.18
Gross Loans HFI Growth 10.53 176.33 9.45 74.74
Deposit Growth 13.93 183.54 5.41 70.44
Average Balances ($000)
Avg Gross Loans HFI 3,474,876 5,825,293 6,958,592 7,174,285
Avg Loans HFS 2,461 24,066 32,426 33,607
Average Loans, Gross of Reserves 3,483,481 6,837,979 6,981,262 7,407,765
Avg Securities 1,016,581 1,818,707 1,757,592 1,791,411
Avg Other Int Earn Assets 204,125 210,058 259,534 276,029
Avg Secs & Other Int Earn Assets 1,220,706 2,028,765 2,017,126 2,067,440
Avg Interest Earning Assets 4,704,187 8,866,744 8,998,388 9,475,205
Avg Assets 5,215,515 10,229,139 10,367,415 10,950,654
Avg CDs NA NA NA 1,492,683
Avg Other Interest-bearing Deposits NA NA NA 4,134,670
Avg Interest-bearing Deposits 2,704,860 5,137,780 5,247,246 5,627,353
Avg Debt 320,430 627,969 625,697 619,961
Avg Interest-bearing Liabs 3,025,290 5,765,749 5,872,943 6,247,314
Avg Noninterest-bearing Deposits 1,508,058 2,865,614 2,861,583 2,918,270
Avg Total Deposits 4,212,918 8,003,394 8,108,829 8,545,623
Avg Preferred Equity 0 0 0 0
Avg Common Equity 616,268 1,509,556 1,527,983 1,662,815
Avg Equity 616,268 1,509,556 1,527,983 1,662,815
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