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Income Statement

Financial Highlights
2019 FQ3 YTD
9/30/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
2015 FY
12/31/2015
Interest Income 187,138 231,207 177,382 130,987 126,655
Interest Expense 25,590 23,777 12,671 7,607 6,908
Net Interest Income 161,548 207,430 164,711 123,380 119,747
FTE Net Interest Income 162,808 209,024 167,301 125,434 121,381
Provision for Loan Losses (913) (3,589) 723 (23) (780)
Trading Account Income 0 0 0 0 0
Foreign Exchange Income 0 0 0 0 0
Trust Revenue 0 0 0 0 0
Service Charges on Deposits 9,543 12,690 11,862 10,571 11,648
Gain on Sale of Loans (FAS 140) 9,725 13,101 11,174 3,466 2,532
Loan Fees & Charges 933 NA NA NA NA
Bank-owned Life Insurance Revenue 1,928 2,534 2,321 2,052 1,665
Insurance Revenue 5,752 7,645 4,518 3,133 1,870
Investment Banking & Brokerage 684 1,086 817 657 710
Other Noninterest Income 18,431 23,596 18,982 10,539 1,826
Total Noninterest Income 46,996 60,652 49,674 30,418 20,251
Realized Gain on Securities 97 0 (235) 3 (1)
Nonrecurring Revenue 0 900 0 (4,245) 0
Compensation & Benefits 71,680 91,965 82,099 62,820 56,794
Occupancy & Equipment 12,052 16,420 14,141 11,446 11,107
Marketing and Promotion Expense NA 3,065 2,549 1,999 1,674
Professional Fees NA NA NA 3,156 2,695
Tech & Communications Expense NA NA 9,593 7,916 7,293
Amrt of Intang & Goodwill Impair 3,737 5,917 4,033 1,211 722
Foreclosure & Repo 899 565 531 625 1,486
Other Expense 30,948 38,803 24,669 16,842 17,846
Total Noninterest Expense 119,316 156,735 137,615 106,015 99,617
Nonrecurring Expense 213 2,358 8,073 1,431 0
Pre-Provision Net Revenue 90,488 112,941 79,360 49,837 42,015
Non-FTE Pre-Provision Net Revenue 89,228 111,347 76,770 47,783 40,381
Net Income before Taxes 90,025 113,478 67,739 42,133 41,160
Provision for Taxes 18,862 24,189 21,767 14,624 14,126
Effective Tax Rate(%) 20.95 21.32 32.13 34.71 34.32
Min Int & Oth after-tax Items 0 0 0 0 0
Extraordinary Items 0 0 0 0 0
Net Income 71,163 89,289 45,972 27,509 27,034
Net Income Attributable to Noncontrolling Int 0 0 0 0 0
Net Income Attributable to Parent 71,163 89,289 45,972 27,509 27,034
Preferred Dividends 0 0 0 175 603
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 71,163 89,289 45,972 27,334 26,431
Net Income for Diluted EPS 71,163 89,289 45,972 27,509 26,664
EPS after Extra($) 2.39 3.01 1.82 1.33 1.30
EPS after Extra Growth(%) 8.10 65.40 36.80 2.30 9.20
Pre-Provision Earnings per Share($) 2.37 2.97 1.98 1.50 1.26
Comprehensive Income
Net Income 71,163 89,289 45,972 27,509 27,034
Preferred Dividend Adjustment to Comprehensive Inc 0 0 0 0 0
Total Other Comprehensive Income 15,595 (7,815) 1,697 (1,557) (2,972)
Comprehensive Income 86,758 81,474 47,669 25,952 24,062
Interest Income Earned On:
Interest Earned on Loans 164,754 208,609 163,738 121,322 117,872
Int Inc: Securities 16,939 13,714 11,274 9,964 9,759
Int Inc: Other Earn Assets 6,705 10,478 4,960 1,755 658
Int Inc: Secs & Oth Earn Assets 23,644 24,192 16,234 11,719 10,417
Int Inc: Total Earn Assets 188,398 232,801 179,972 133,041 128,289
Interest Expense Incurred On:
Int Exp: CDs 11,593 9,417 4,783 3,550 4,127
Int Exp: Other Deposits 6,905 5,074 2,761 1,620 1,192
Int Exp: Total Deposits 18,498 14,491 7,544 5,170 5,319
Int Exp: Debt 7,092 9,286 5,127 2,437 1,589
Int Exp: Total Int-bearing Liab 25,590 23,777 12,671 7,607 6,908
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.