As Reported Financials

As Reported Financials

Source Document Currency Code (in thousands) 2012 Y 12/31/2014 USD 2013 Y 12/31/2015 USD 2014 Y 12/31/2015 USD 2015 Y 12/31/2015 USD 2016 Q3 YTD 9/30/2016 USD
Source Document Currency Code 2012 Y 12/31/2014 USD 2013 Y 12/31/2015 USD 2014 Y 12/31/2015 USD 2015 Y 12/31/2015 USD 2016 Q3 YTD 9/30/2016 USD

Interest income

Loans 137,800 158,947 199,844 236,262 222,781

Securities

Taxable 13,120 13,397 17,096 17,026 12,832
Tax-exempt 8,194 8,012 9,073 9,520 7,378
Other 199 248 396 215 308
Total interest income 159,313 180,604 226,409 263,023 243,299

Interest expense

Deposits 19,030 17,118 16,216 13,715 13,018
Borrowings 6,945 6,353 7,711 7,950 7,339
Total interest expense 25,975 23,471 23,927 21,665 20,357
Net interest income 133,338 157,133 202,482 241,358 222,942
Provision for loan losses 18,125 10,350 6,167 4,750 5,880
Net interest income after provision for loan losses 115,213 146,783 196,315 236,608 217,062

Noninterest income

Service charges on deposit accounts 18,612 21,559 26,756 29,269 23,712
Fees and commissions 17,595 11,675 14,231 16,091 14,042
Insurance commissions 3,630 4,976 8,194 8,423 6,557
Wealth management revenue 6,926 7,574 8,545 9,808 8,803
Mortgage banking income NA 18,835 14,862 35,815 41,181
Net gain on sales of securities 1,894 54 375 96 1,186
BOLI income 3,370 4,085 2,985 3,612 2,929
Gains on sales of mortgage loans held for sale 12,499 NA NA NA NA
Other 4,185 3,133 4,561 5,156 8,750
Total noninterest income 68,711 71,891 80,509 108,270 107,160

Noninterest expense

Salaries and employee benefits 81,002 98,780 115,108 145,111 132,482
Data processing 8,724 8,870 11,400 14,046 13,220
Net occupancy and equipment 14,597 16,957 20,252 26,987 25,585
Other real estate owned 13,596 6,966 4,593 3,045 4,111
Professional fees 4,241 5,540 4,485 4,384 3,789
Advertising and public relations 4,835 5,630 5,923 6,112 5,040
Intangible amortization 1,381 2,869 5,606 6,069 5,123
Communications 4,212 4,777 5,949 7,278 6,308
Extinguishment of debt 898 NA NA NA 2,539
Merger and conversion related expenses 0 6,027 694 11,614 4,023
Other 16,973 16,512 16,927 20,468 21,321
Total noninterest expense 150,459 172,928 190,937 245,114 223,541
Income before income taxes 33,465 45,746 85,887 99,764 100,681
Income taxes 6,828 12,259 26,305 31,750 33,386
Net income 26,637 33,487 59,582 68,014 67,295
Basic earnings per share 1.06 1.23 1.89 1.89 1.62
Diluted earnings per share 1.06 1.22 1.88 1.88 1.61
Cash dividends per common share 0.68 0.68 0.68 0.68 0.53

Consolidated Statements of Comprehensive Income

Net income 26,637 33,487 59,582 68,014 67,295

Other comprehensive income, net of tax

Securities available for sale
Unrealized holding gains on securities 3,305 (6,869) 7,731 (351) 5,260
Non-credit related portion of other-than-temporary impairment on securities 0 NA NA NA NA
Reclassification adjustment for gains realized in net income (311) (125) 0 0 (728)
Amortization of unrealized holding gains on securities transferred to the held to maturity category (350) (215) (156) (110) (49)
Total securities 1,785 (7,013) 7,343 (520) 4,483
Derivative instruments
Unrealized holding gains (losses) on derivative instruments (1,336) 1,325 (1,622) (249) (1,199)
Totals derivative instruments (1,647) 1,200 (1,622) (249) (1,199)
Defined benefit pension and post-retirement benefit plans
Reclassification adjustment for net settlement gain realized in net income (1,170) 71 (232) (59) (235)
Net (loss) gain arising during the period (756) 1,957 (1,529) (1,435) NA
Amortization of net actuarial loss recognized in net periodic pension cost 264 384 183 267 228
Total defined benefit pension and post-retirement benefit plans (492) 2,341 (1,346) (1,168) (7)
Other comprehensive income, net of tax (354) (3,472) 4,375 (1,937) 3,277
Comprehensive income 26,283 30,015 63,957 66,077 70,572
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.