Income Statement Report

Financial Highlights
12/31/2013
12/31/2014
12/31/2015
12/31/2016
NA NA NA NA
Interest Income 180,604 226,409 263,023 329,138
Interest Expense 23,471 23,927 21,665 28,147
Net Interest Income 157,133 202,482 241,358 300,991
FTE Net Interest Income 162,957 209,319 248,613 308,002
Provision for Loan Losses 10,350 6,167 4,750 7,530
Trading Account Income 0 0 0 0
Foreign Exchange Income 0 0 0 0
Trust Revenue 5,097 5,181 4,701 NA
Service Charges on Deposits 21,559 26,756 29,269 31,875
Gain on Sale of Loans (FAS 140) 11,573 8,594 NA NA
Loan Fees & Charges NA NA NA NA
Bank-owned Life Insurance Revenue 4,085 2,985 3,612 NA
Insurance Revenue 4,976 8,194 8,423 8,508
Investment Banking & Brokerage NA NA NA NA
Other Noninterest Income 24,547 28,424 62,169 95,662
Total Noninterest Income 71,837 80,134 108,174 136,045
Realized Gain on Securities 54 375 96 1,186
Nonrecurring Revenue 0 0 0 0
Compensation & Benefits 98,780 115,108 145,111 172,448
Occupancy & Equipment 16,957 20,252 26,290 34,394
Marketing and Promotion Expense 5,630 5,923 6,112 NA
Professional Fees 5,540 4,485 4,384 NA
Tech & Communications Expense 13,647 17,349 21,324 NA
Amrt of Intang & Goodwill Impair 2,869 5,606 6,069 6,747
Foreclosure & Repo 7,323 4,784 3,224 NA
Other Expense 16,155 16,736 20,986 75,250
Total Noninterest Expense 166,901 190,243 233,500 288,839
Nonrecurring Expense 6,027 694 11,614 6,076
Pre-Provision Net Revenue 67,893 99,210 123,287 155,208
Non-FTE Pre-Provision Net Revenue 62,069 92,373 116,032 148,197
Net Income before Taxes 45,746 85,887 99,764 135,777
Provision for Taxes 12,259 26,305 31,750 44,847
Effective Tax Rate(%) 26.80 30.63 31.83 33.03
Min Int & Oth after-tax Items 0 0 0 0
Extraordinary Items 0 0 0 0
Net Income 33,487 59,582 68,014 90,930
Net Income Attributable to Noncontrolling Int 0 0 0 0
Net Income Attributable to Parent 33,487 59,582 68,014 90,930
Preferred Dividends 0 0 0 0
Other Preferred Dividends after Net Income 0 0 0 0
Other Changes to Net Income 0 0 0 0
Net Income Avail to Common 33,487 59,582 68,014 90,930
Net Income for Diluted EPS 33,487 59,582 68,014 90,930
EPS after Extra($) 1.22 1.88 1.88 2.17
EPS after Extra Growth(%) 15.10 54.10 0 15.40
Pre-Provision Earnings per Share($) 1.47 1.89 2.08 2.30
Comprehensive Income
Net Income 33,487 59,582 68,014 90,930
Preferred Dividend Adjustment to Comprehensive Inc 0 0 0 0
Total Other Comprehensive Income (3,472) 4,375 (1,937) NA
Comprehensive Income 30,015 63,957 66,077 NA
Interest Income Earned On:
Interest Earned on Loans 159,587 200,844 237,408 303,830
Int Inc: Securities 26,593 32,007 32,655 31,860
Int Inc: Other Earn Assets 248 395 215 459
Int Inc: Secs & Oth Earn Assets 26,841 32,402 32,870 32,319
Int Inc: Total Earn Assets 186,428 233,246 270,278 336,149
Interest Expense Incurred On:
Int Exp: CDs 12,262 11,411 8,673 11,610
Int Exp: Other Deposits 4,856 4,805 5,042 6,246
Int Exp: Total Deposits 17,118 16,216 13,715 17,856
Int Exp: Debt 6,353 7,711 7,950 10,291
Int Exp: Total Int-bearing Liab 23,471 23,927 21,665 28,147
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.