As Reported Financials

As Reported Financials

Source Document Currency Code (in thousands) 2013 Y 12/31/2015 USD 2014 Y 12/31/2016 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2016 USD 2017 Q1 YTD 3/31/2017 USD
Source Document Currency Code 2013 Y 12/31/2015 USD 2014 Y 12/31/2016 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2016 USD 2017 Q1 YTD 3/31/2017 USD

Interest income

Loans 158,947 199,844 236,262 302,314 74,407

Securities

Taxable 13,397 17,096 17,026 16,551 4,352
Tax-exempt 8,012 9,073 9,520 9,814 2,574
Other 248 396 215 459 556
Total interest income 180,604 226,409 263,023 329,138 81,889

Interest expense

Deposits 17,118 16,216 13,715 17,856 5,149
Borrowings 6,353 7,711 7,950 10,291 2,725
Total interest expense 23,471 23,927 21,665 28,147 7,874
Net interest income 157,133 202,482 241,358 300,991 74,015
Provision for loan losses 10,350 6,167 4,750 7,530 1,500
Net interest income after provision for loan losses 146,783 196,315 236,608 293,461 72,515

Noninterest income

Service charges on deposit accounts 21,559 26,756 29,269 31,875 7,931
Fees and commissions 11,675 14,012 15,761 18,814 5,199
Insurance commissions 4,976 8,194 8,423 8,508 1,860
Wealth management revenue 7,574 8,545 9,808 11,652 2,884
Mortgage banking income 18,835 14,862 35,815 49,443 10,504
Net loss on sales of securities 54 375 96 1,186 0
BOLI income 4,085 2,985 3,612 4,635 1,113
Other 3,133 4,780 5,486 11,302 2,530
Total noninterest income 71,891 80,509 108,270 137,415 32,021

Noninterest expense

Salaries and employee benefits 98,780 115,108 145,111 172,448 42,209
Data processing 8,870 11,570 14,251 17,723 4,234
Net occupancy and equipment 16,957 20,252 26,987 34,394 9,319
Other real estate owned 6,966 4,593 3,045 5,696 532
Professional fees 5,540 4,485 4,384 5,358 2,067
Advertising and public relations 5,630 5,923 6,112 7,080 1,592
Intangible amortization 2,869 5,606 6,069 6,747 1,563
Communications 4,777 5,949 7,278 8,329 1,863
Extinguishment of debt NA 0 0 2,539 205
Loss share termination NA 0 0 2,053 NA
Merger and conversion related expenses 6,027 694 11,614 4,023 345
Other 16,512 16,757 20,263 28,709 5,380
Total noninterest expense 172,928 190,937 245,114 295,099 69,309
Income before income taxes 45,746 85,887 99,764 135,777 35,227
Income taxes 12,259 26,305 31,750 44,847 11,255
Net income 33,487 59,582 68,014 90,930 23,972
Basic earnings per share 1.23 1.89 1.89 2.18 0.54
Diluted earnings per share 1.22 1.88 1.88 2.17 0.54
Cash dividends per common share 0.68 0.68 0.68 0.71 0.18

Consolidated Statements of Comprehensive Income

Net income 33,487 59,582 68,014 90,930 23,972

Other comprehensive income, net of tax

Securities available for sale
Unrealized holding gains on securities (6,869) 7,731 (351) (6,206) 2,907
Reclassification adjustment for gains realized in net income (125) (232) (59) (727) NA
Amortization of unrealized holding gains on securities transferred to the held to maturity category (215) (156) (110) (61) (151)
Total securities (7,013) 7,343 (520) (6,994) 2,756
Derivative instruments
Unrealized holding gains (losses) on derivative instruments 1,325 (1,622) (249) 527 169
Total derivative instruments 1,200 (1,622) (249) 527 169
Defined benefit pension and post-retirement benefit plans
Net gain (loss) arising during the period 1,957 (1,529) (1,435) 31 NA
Amortization of net actuarial loss recognized in net periodic pension cost 384 183 267 302 69
Reclassification adjustment for net settlement gain realized in net income 71 0 0 (235) NA
Total defined benefit pension and post-retirement benefit plans 2,341 (1,346) (1,168) 98 69
Other comprehensive income, net of tax (3,472) 4,375 (1,937) (6,369) 2,994
Comprehensive income 30,015 63,957 66,077 84,561 26,966
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.