Financial Highlights

Financial Highlights
3/31/2017
3/31/2018
6/30/2018
12/31/2018
Interest Income 51,103 103,159 110,629 460,632
Interest Expense 2,782 8,141 10,100 47,550
Net Interest Income 48,321 95,018 100,529 413,082
FTE Net Interest Income 49,703 95,620 101,186 415,603
Provision for Loan Losses 995 1,300 2,933 8,283
Trading Account Income 81 0 22 57
Foreign Exchange Income 0 0 0 0
Trust Revenue 301 0 0 0
Service Charges on Deposits 3,575 4,834 4,861 22,831
Gain on Sale of Loans (FAS 140) 245 2,562 3,397 14,335
Loan Fees & Charges NA NA NA NA
Bank-owned Life Insurance Revenue 641 1,394 1,374 5,976
Insurance Revenue 374 398 414 1,750
Investment Banking & Brokerage 6,269 7,506 6,648 31,541
Other Noninterest Income 3,016 6,366 5,873 28,048
Total Noninterest Income 14,502 23,060 22,589 104,538
Realized Gain on Securities 0 (22) 0 (22)
Nonrecurring Revenue 0 0 0 611
Compensation & Benefits 22,882 41,143 40,404 171,289
Occupancy & Equipment 4,524 7,143 7,290 30,685
Marketing and Promotion Expense 852 1,414 1,425 6,235
Professional Fees 888 931 1,332 6,163
Tech & Communications Expense 2,959 6,079 5,111 21,739
Amrt of Intang & Goodwill Impair 762 2,309 2,240 10,018
Foreclosure & Repo 662 592 38 1,364
Other Expense 3,567 5,477 6,462 26,366
Total Noninterest Expense 37,096 65,088 64,302 273,859
Nonrecurring Expense 947 10,908 15,310 38,608
Pre-Provision Net Revenue 27,109 53,592 59,473 246,282
Non-FTE Pre-Provision Net Revenue 25,727 52,990 58,816 243,761
Net Income before Taxes 23,785 40,760 40,573 197,459
Provision for Taxes 7,185 5,124 8,410 41,024
Effective Tax Rate(%) 30.21 12.57 20.73 20.78
Min Int & Oth after-tax Items 0 0 0 0
Extraordinary Items 0 0 0 0
Net Income 16,600 35,636 32,163 156,435
Net Income Attributable to Noncontrolling Int 0 0 0 0
Net Income Attributable to Parent 16,600 35,636 32,163 156,435
Preferred Dividends 0 0 0 0
Other Preferred Dividends after Net Income 0 0 0 0
Other Changes to Net Income (41) (29) (26) (116)
Net Income Avail to Common 16,559 35,607 32,137 156,319
Net Income for Diluted EPS 16,559 35,607 32,137 156,319
EPS after Extra($) 0.32 0.42 0.38 1.76
EPS after Extra Growth(%) NM 31.30 46.20 85.30
Pre-Provision Earnings per Share($) 0.32 0.49 0.55 2.17
Comprehensive Income
Net Income 16,600 35,636 32,163 156,435
Preferred Dividend Adjustment to Comprehensive Inc 0 0 0 0
Total Other Comprehensive Income 3,199 (18,483) (5,046) (15,416)
Comprehensive Income 19,799 17,153 27,117 141,019
Interest Income Earned On:
Interest Earned on Loans 44,984 90,249 98,013 407,323
Int Inc: Securities 6,850 12,259 12,170 50,201
Int Inc: Other Earn Assets 651 1,253 1,103 5,629
Int Inc: Secs & Oth Earn Assets 7,501 13,512 13,273 55,830
Int Inc: Total Earn Assets 52,485 103,761 111,286 463,153
Interest Expense Incurred On:
Int Exp: CDs 932 2,758 3,814 18,444
Int Exp: Other Deposits 964 2,379 2,853 14,815
Int Exp: Total Deposits 1,897 5,136 6,668 33,259
Int Exp: Debt 885 3,005 3,432 14,291
Int Exp: Total Int-bearing Liab 2,782 8,141 10,100 47,550
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.
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