Balance Sheet

Financial Highlights
3/31/2017
12/31/2017
3/31/2018
6/30/2018
Assets ($000)
Cash and Due from Banks NA 57,936 95,050 78,640
Fed Funds Sold NA 13,593 26,240 34,372
Deposits at Financial Institutions NA 207,590 276,329 279,952
Securities Purchased, to Resell NA 1,500 5,000 0
Other Cash & Cash Equivalents NA 0 0 0
Cash and Cash Equivalents 283,782 280,619 402,619 392,964
Trading Account Securities 0 6,777 428 1,848
Available for Sale Securities 819,352 1,060,143 1,530,539 1,528,270
Held to Maturity Securities 243,812 232,399 227,966 223,839
Other Securities 19,040 36,006 44,532 67,656
Total Cash & Securities 1,365,986 1,615,944 2,206,084 2,214,577
Gross Loans Held for Investment 3,520,004 4,773,221 6,877,364 7,039,820
Loan Loss Reserve 27,819 32,825 34,429 37,484
Loans Held for Sale, before Reserves 2,637 19,647 28,485 36,366
Total Net Loans 3,494,822 4,760,043 6,871,420 7,038,702
Real Estate Owned and Held for Investment 7,201 3,987 6,814 5,376
Goodwill 106,028 257,683 609,720 605,232
Core Deposit Intangibles 14,785 24,063 53,944 51,754
Other Intangibles 754 551 0 0
Intangible Assets other than Goodwill 15,539 24,614 53,944 51,754
Total Intangible Assets 121,567 282,297 663,664 656,986
Loan Servicing Rights 0 0 0 0
Credit Card Rights 0 0 NA NA
Other Loan Servicing Rights 0 0 NA NA
Total Servicing Rights 0 0 749 923
Fixed Assets 120,707 153,240 223,584 220,985
Interest Receivable 12,971 18,628 25,896 26,721
Prepaid Expense NA 11,726 NA 8,849
Bank-owned Life Insurance 99,065 146,739 210,302 211,676
Other Assets 106,677 131,371 139,483 151,928
Total Other Assets 339,420 461,704 599,265 620,159
Total Assets 5,328,996 7,123,975 10,347,996 10,536,723
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 5,560,523 8,111,998 8,221,808
FHLB Borrowings 0 155,000 250,000 300,000
Senior Debt 306,243 558,570 605,254 606,011
Trust Preferred (FAS 150) 26,016 26,192 32,152 32,240
Total Subordinated Debt 26,016 26,192 43,152 43,240
Redeemable Financial Instruments (FAS 150) 0 0 0 0
Total Debt 332,259 584,762 648,406 649,251
Total Other Liabilities 65,213 73,940 69,746 125,416
Total Liabilities 4,694,595 6,219,225 8,830,150 8,996,475
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 634,401 904,750 1,517,846 1,540,248
Equity Attributable to Parent Company 634,401 904,750 1,517,846 1,540,248
Noncontrolling Interests 0 0 0 0
Total Equity 634,401 904,750 1,517,846 1,540,248
Net Unrealized Gain (5,375) (7,005) (25,488) (30,534)
Tot Acc Other Comprehensive Inc (5,375) (7,005) (25,488) (30,534)
Balance Sheet Analysis (%)
Gross Loans HFI/ Total Assets 66.05 67 66.46 66.81
Loans/ Deposits 81.92 85.84 84.78 85.62
Loan Loss Reserves/ Gross Loans 0.79 0.68 0.50 0.53
Reserves/ Loans Held For Investment 0.79 0.69 0.50 0.53
One Year Gap/ Assets NA (21.87) NA NA
1-4 Loans Serviced for Others($000) 0 0 97 1,070
Level 1 Assets($000) 0 0 0 0
Level 2 Assets($000) 854,459 1,109,400 1,615,005 1,639,930
Level 3 Assets($000) 15,715 15,089 12,445 18,308
Level 1 Liabilities($000) 0 0 0 0
Level 2 Liabilities($000) 35,979 43,259 55,991 73,797
Level 3 Liabilities($000) 0 0 2 51
FTE Employees(actual) 997 1,200 1,749 1,685
Annualized Growth Rates (%)
Asset Growth 19.73 40.28 181.02 7.30
Gross Loans HFI Growth 10.53 39.17 176.33 9.45
Deposit Growth 13.93 33.91 183.54 5.41
Average Balances ($000)
Avg Gross Loans HFI 3,474,876 4,237,397 5,825,293 6,958,592
Avg Loans HFS 2,461 8,701 24,066 32,426
Average Loans, Gross of Reserves 3,483,481 4,326,325 6,837,979 6,981,262
Avg Securities 1,016,581 1,110,016 1,818,707 1,757,592
Avg Other Int Earn Assets 204,125 195,431 210,058 259,534
Avg Secs & Other Int Earn Assets 1,220,706 1,305,447 2,028,765 2,017,126
Avg Interest Earning Assets 4,704,187 5,631,772 8,866,744 8,998,388
Avg Assets 5,215,515 6,341,159 10,229,139 10,367,415
Avg CDs NA 750,644 NA NA
Avg Other Interest-bearing Deposits NA 2,520,771 NA NA
Avg Interest-bearing Deposits 2,704,860 3,271,415 5,137,780 5,247,246
Avg Debt 320,430 341,236 627,969 625,697
Avg Interest-bearing Liabs 3,025,290 3,612,651 5,765,749 5,872,943
Avg Noninterest-bearing Deposits 1,508,058 1,836,080 2,865,614 2,861,583
Avg Total Deposits 4,212,918 5,107,495 8,003,394 8,108,829
Avg Preferred Equity 0 0 0 0
Avg Common Equity 616,268 819,626 1,509,556 1,527,983
Avg Equity 616,268 819,626 1,509,556 1,527,983
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