Income Statement

Financial Highlights
3/31/2017
12/31/2017
3/31/2018
6/30/2018
Interest Income 51,103 251,326 103,159 110,629
Interest Expense 2,782 15,783 8,141 10,100
Net Interest Income 48,321 235,543 95,018 100,529
FTE Net Interest Income 49,703 241,259 95,620 101,186
Provision for Loan Losses 995 4,958 1,300 2,933
Trading Account Income 81 242 0 22
Foreign Exchange Income 0 0 0 0
Trust Revenue 301 1,121 0 0
Service Charges on Deposits 3,575 14,986 4,834 4,861
Gain on Sale of Loans (FAS 140) 245 1,511 2,562 3,397
Loan Fees & Charges NA NA NA NA
Bank-owned Life Insurance Revenue 641 3,293 1,394 1,374
Insurance Revenue 374 1,446 398 414
Investment Banking & Brokerage 6,269 27,074 7,506 6,648
Other Noninterest Income 3,016 14,285 6,366 5,873
Total Noninterest Income 14,502 63,958 23,060 22,589
Realized Gain on Securities 0 (7) (22) 0
Nonrecurring Revenue 0 1,224 0 0
Compensation & Benefits 22,882 109,412 41,143 40,404
Occupancy & Equipment 4,524 20,024 7,143 7,290
Marketing and Promotion Expense 852 3,929 1,414 1,425
Professional Fees 888 3,644 931 1,332
Tech & Communications Expense 2,959 13,413 6,079 5,111
Amrt of Intang & Goodwill Impair 762 4,066 2,309 2,240
Foreclosure & Repo 662 2,058 592 38
Other Expense 3,567 16,374 5,477 6,462
Total Noninterest Expense 37,096 172,920 65,088 64,302
Nonrecurring Expense 947 13,565 10,908 15,310
Pre-Provision Net Revenue 27,109 132,297 53,592 59,473
Non-FTE Pre-Provision Net Revenue 25,727 126,581 52,990 58,816
Net Income before Taxes 23,785 109,275 40,760 40,573
Provision for Taxes 7,185 53,480 5,124 8,410
Effective Tax Rate(%) 30.21 48.94 12.57 20.73
Min Int & Oth after-tax Items 0 0 0 0
Extraordinary Items 0 0 0 0
Net Income 16,600 55,795 35,636 32,163
Net Income Attributable to Noncontrolling Int 0 0 0 0
Net Income Attributable to Parent 16,600 55,795 35,636 32,163
Preferred Dividends 0 0 0 0
Other Preferred Dividends after Net Income 0 0 0 0
Other Changes to Net Income (41) (120) (29) (26)
Net Income Avail to Common 16,559 55,675 35,607 32,137
Net Income for Diluted EPS 16,559 55,675 35,607 32,137
EPS after Extra($) 0.32 0.95 0.42 0.38
EPS after Extra Growth(%) NM 8 31.30 46.20
Pre-Provision Earnings per Share($) 0.32 1.40 0.49 0.55
Comprehensive Income
Net Income 16,600 55,795 35,636 32,163
Preferred Dividend Adjustment to Comprehensive Inc 0 0 0 0
Total Other Comprehensive Income 3,199 2,810 (18,483) (5,046)
Comprehensive Income 19,799 58,605 17,153 27,117
Interest Income Earned On:
Interest Earned on Loans 44,984 223,157 90,249 98,013
Int Inc: Securities 6,850 30,453 12,259 12,170
Int Inc: Other Earn Assets 651 3,432 1,253 1,103
Int Inc: Secs & Oth Earn Assets 7,501 33,885 13,512 13,273
Int Inc: Total Earn Assets 52,485 257,042 103,761 111,286
Interest Expense Incurred On:
Int Exp: CDs 932 6,055 2,758 3,814
Int Exp: Other Deposits 964 5,024 2,379 2,853
Int Exp: Total Deposits 1,897 11,079 5,136 6,668
Int Exp: Debt 885 4,704 3,005 3,432
Int Exp: Total Int-bearing Liab 2,782 15,783 8,141 10,100
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.
Copyright 2018, © S&P Global Market Intelligence  Terms of Use