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Income Statement

Financial Highlights
2020 FQ1 YTD
3/31/2020
2019 FY
12/31/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
Interest Income 47,405 182,441 128,109 118,926 112,328
Interest Expense 9,999 38,791 22,841 15,145 12,722
Net Interest Income 37,406 143,650 105,268 103,781 99,606
FTE Net Interest Income 38,298 146,916 107,823 108,808 104,321
Provision for Loan Losses 21,733 7,158 7,300 17,334 7,983
Trading Account Income 0 635 0 0 0
Foreign Exchange Income 0 0 0 0 0
Trust Revenue 1,693 5,192 2,572 2,450 2,266
Service Charges on Deposits 1,228 5,353 4,649 5,126 5,219
Gain on Sale of Loans (FAS 140) 810 2,297 1,725 1,794 2,475
Loan Fees & Charges 1,123 3,789 3,622 3,421 3,771
Bank-owned Life Insurance Revenue 520 1,877 1,610 1,388 1,366
Insurance Revenue 1 1,706 2,364 2,475 2,299
Investment Banking & Brokerage 842 2,827 1,303 1,265 1,009
Other Noninterest Income 4,047 6,559 5,041 4,621 3,045
Total Noninterest Income 10,264 30,235 22,886 22,540 21,450
Realized Gain on Securities (15) 192 110 241 464
Nonrecurring Revenue 0 1,076 0 0 1,400
Compensation & Benefits 16,617 60,225 49,758 47,864 47,521
Occupancy & Equipment 4,221 15,881 13,160 12,442 13,066
Marketing and Promotion Expense 1,062 3,789 2,660 2,449 2,498
Professional Fees 1,535 5,287 3,961 3,962 3,916
Tech & Communications Expense 1,767 6,190 4,204 5,668 5,834
Amrt of Intang & Goodwill Impair 2,028 5,906 2,296 3,125 3,970
Foreclosure & Repo 94 257 (219) 30 (120)
Other Expense 2,717 11,127 5,778 4,613 6,433
Total Noninterest Expense 30,041 108,662 81,598 80,153 83,118
Nonrecurring Expense 54 9,130 1,398 0 4,568
Pre-Provision Net Revenue 18,521 68,489 49,111 51,195 42,653
Non-FTE Pre-Provision Net Revenue 17,629 65,223 46,556 46,168 37,938
Net Income before Taxes (4,173) 50,203 37,968 29,075 27,251
Provision for Taxes (2,198) 6,573 7,617 10,376 6,860
Effective Tax Rate(%) NM 13.09 20.06 35.69 25.17
Min Int & Oth after-tax Items 0 0 0 0 0
Extraordinary Items 0 0 0 0 0
Net Income (1,975) 43,630 30,351 18,699 20,391
Net Income Attributable to Noncontrolling Int 0 0 0 0 0
Net Income Attributable to Parent (1,975) 43,630 30,351 18,699 20,391
Preferred Dividends 0 0 0 0 0
Other Preferred Dividends after Net Income 0 0 0 0 0
Other Changes to Net Income 0 0 0 0 0
Net Income Avail to Common (1,975) 43,630 30,351 18,699 20,391
Net Income for Diluted EPS (1,975) 43,630 30,351 18,699 20,391
EPS after Extra($) (0.12) 2.93 2.48 1.55 1.78
EPS after Extra Growth(%) NM 18.10 60 (12.90) (26.40)
Pre-Provision Earnings per Share($) 0.85 3.46 3.01 2.49 2.15
Comprehensive Income
Net Income (1,975) 43,630 30,351 18,699 20,391
Preferred Dividend Adjustment to Comprehensive Inc 0 0 0 0 0
Total Other Comprehensive Income 2,505 10,033 (3,002) (1,004) (4,541)
Comprehensive Income 530 53,663 27,349 17,695 15,850
Interest Income Earned On:
Interest Earned on Loans 42,509 164,948 112,233 104,096 99,854
Int Inc: Securities 5,624 20,309 18,369 19,715 17,023
Int Inc: Other Earn Assets 164 450 62 142 166
Int Inc: Secs & Oth Earn Assets 5,788 20,759 18,431 19,857 17,189
Int Inc: Total Earn Assets 48,297 185,707 130,664 123,953 117,043
Interest Expense Incurred On:
Int Exp: CDs 4,597 16,563 11,146 7,626 5,961
Int Exp: Other Deposits 3,352 13,364 6,185 3,863 3,418
Int Exp: Total Deposits 7,949 29,927 17,331 11,489 9,379
Int Exp: Debt 2,050 8,864 5,510 3,656 3,343
Int Exp: Total Int-bearing Liab 9,999 38,791 22,841 15,145 12,722
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.