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Income Statement

Financial Highlights
12/31/2015
12/31/2016
3/31/2017
12/31/2017
NA NA NA NA
Interest Income 266,338 369,844 98,842 389,190
Interest Expense 42,621 59,499 18,361 85,000
Net Interest Income 223,717 310,345 80,481 304,190
FTE Net Interest Income NA 325,473 83,747 311,242
Provision for Loan Losses 7,469 5,271 2,583 13,699
Trading Account Income 0 0 0 0
Foreign Exchange Income NA NA NA NA
Trust Revenue 0 0 44 NA
Service Charges on Deposits 4,057 5,147 1,623 6,492
Gain on Sale of Loans (FAS 140) 37,211 35,895 4,019 11,942
Loan Fees & Charges 2,974 633 2,756 1,025
Bank-owned Life Insurance Revenue 1,076 2,341 581 2,339
Insurance Revenue 1,111 1,414 398 NA
Investment Banking & Brokerage 9,868 1,507 NA NA
Other Noninterest Income 150,582 15,965 2,126 8,104
Total Noninterest Income 206,879 62,902 11,547 29,902
Realized Gain on Securities 3,258 29,405 3,356 14,768
Nonrecurring Revenue 10,082 6,323 0 0
Compensation & Benefits 213,114 146,147 32,443 129,153
Occupancy & Equipment 41,405 38,046 10,668 40,094
Marketing and Promotion Expense 6,156 NA 1,725 NA
Professional Fees 20,193 30,373 15,073 42,417
Tech & Communications Expense 12,679 8,311 2,179 7,888
Amrt of Intang & Goodwill Impair 6,094 5,541 1,426 4,264
Foreclosure & Repo 15 127 8 NA
Other Expense 30,245 74,670 21,087 79,126
Total Noninterest Expense 329,901 303,215 84,609 302,942
Nonrecurring Expense 2,300 0 5,287 5,326
Pre-Provision Net Revenue 100,695 85,160 10,685 38,202
Non-FTE Pre-Provision Net Revenue 100,695 70,032 7,419 31,150
Net Income before Taxes 104,266 100,489 2,905 26,893
Provision for Taxes 42,194 13,749 (6,471) (26,581)
Effective Tax Rate(%) 40.47 13.68 (222.75) (98.84)
Min Int & Oth after-tax Items 0 0 0 0
Extraordinary Items 0 28,676 7,825 4,235
Net Income 62,072 115,416 17,201 57,709
Net Income Attributable to Noncontrolling Int 0 0 0 0
Net Income Attributable to Parent 62,072 115,416 17,201 57,709
Preferred Dividends 9,823 19,914 5,113 20,451
Other Preferred Dividends after Net Income 0 0 0 0
Other Changes to Net Income (2,023) (3,033) (366) NA
Net Income Avail to Common 50,226 92,469 11,722 37,258
Net Income for Diluted EPS 50,226 92,469 11,722 NA
EPS after Extra($) 1.34 1.94 0.23 0.71
EPS after Extra Growth(%) 48.90 44.80 (36.10) (63.40)
Pre-Provision Earnings per Share($) 1.43 0.47 (0.01) 0
Comprehensive Income
Net Income 62,072 115,416 17,201 57,709
Preferred Dividend Adjustment to Comprehensive Inc 0 0 0 0
Total Other Comprehensive Income (3,368) (6,047) (660) 14,269
Comprehensive Income 58,704 109,369 16,541 71,978
Interest Income Earned On:
Interest Earned on Loans 241,556 296,996 72,773 288,123
Int Inc: Securities 20,263 79,527 27,239 99,742
Int Inc: Other Earn Assets 4,519 8,449 2,096 8,377
Int Inc: Secs & Oth Earn Assets 24,782 87,976 29,335 108,119
Int Inc: Total Earn Assets 266,338 384,972 102,108 396,242
Interest Expense Incurred On:
Int Exp: CDs 5,753 8,926 3,563 16,959
Int Exp: Other Deposits 20,030 31,294 10,397 43,455
Int Exp: Total Deposits 25,783 40,220 13,960 60,414
Int Exp: Debt 16,838 19,279 4,401 24,586
Int Exp: Total Int-bearing Liab 42,621 59,499 18,361 85,000
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.