| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|
INTEREST INCOME: | ||||||||
Interest and fees on loans | ||||||||
127,995 | 114,612 | 107,622 | 98,627 | 89,071 | 86,505 | 88,451 | 93,675 | 105,310 |
Interest and dividends on investment securities: | ||||||||
Taxable securities | ||||||||
13,488 | 11,713 | 12,487 | 14,810 | 16,607 | 19,209 | 22,426 | 21,659 | 23,470 |
Nontaxable securities | ||||||||
781 | 730 | 609 | 271 | 38 | 15 | 13 | 44 | 98 |
Dividends on securities | ||||||||
675 | 561 | 432 | 507 | 294 | 286 | 244 | 419 | 467 |
Interest on federal funds sold and other | ||||||||
248 | 166 | 116 | 102 | 117 | 113 | 130 | 182 | 105 |
Total interest income | ||||||||
143,187 | 127,782 | 121,266 | 114,317 | 106,127 | 106,128 | 111,264 | 115,979 | 129,450 |
INTEREST EXPENSE: | ||||||||
Interest on deposits | ||||||||
4,019 | 3,854 | 3,640 | 3,866 | 4,616 | 6,161 | 8,021 | 12,338 | 19,680 |
Interest on short-term borrowings and securities sold under agreements to repurchase | ||||||||
1,205 | 494 | 214 | 441 | 450 | 548 | 824 | 1,119 | 2,019 |
Interest on subordinated debentures and notes payable | ||||||||
7,389 | 7,383 | 5,736 | 4,122 | 5,360 | 6,041 | 6,018 | 5,691 | 4,367 |
Total interest expense | ||||||||
12,613 | 11,731 | 9,590 | 8,429 | 10,426 | 12,750 | 14,863 | 19,148 | 26,066 |
NET INTEREST INCOME BEFORE PROVISION FOR LOAN LOSSES | ||||||||
130,574 | 116,051 | 111,676 | 105,888 | 95,701 | 93,378 | 96,401 | 96,831 | 103,384 |
Provision for loan losses | ||||||||
3,285 | -2,101 | 6,420 | -4,155 | -8,804 | -4,733 | 4,002 | 35,127 | 105,815 |
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES | ||||||||
127,289 | 118,152 | 105,256 | 110,043 | 104,505 | 98,111 | 92,399 | 61,704 | -2,431 |
NONINTEREST INCOME: | ||||||||
Service charges | ||||||||
6,624 | 6,059 | 5,862 | 5,598 | 5,315 | 4,903 | 4,955 | 4,953 | 4,919 |
Investment advisory income | ||||||||
6,220 | 5,714 | 5,832 | 5,736 | 5,077 | 4,203 | 4,292 | 4,261 | 5,186 |
Insurance income | ||||||||
13,181 | 12,568 | 12,047 | 11,150 | 11,199 | 9,680 | 9,272 | 8,701 | 11,778 |
Investment banking income | ||||||||
- | - | - | - | - | 3,833 | 7,237 | 5,650 | 1,154 |
Other income | ||||||||
7,976 | 9,819 | 6,926 | 5,425 | 7,015 | 7,940 | 5,067 | - | - |
Other income | ||||||||
- | - | - | - | - | - | - | 5,952 | 4,590 |
Total noninterest income | ||||||||
34,001 | 34,160 | 30,667 | 27,909 | 28,606 | 30,559 | 30,823 | 29,517 | 27,627 |
NONINTEREST EXPENSE: | ||||||||
Salaries and employee benefits | ||||||||
75,088 | 71,471 | 69,526 | 66,008 | 61,753 | 59,935 | 60,363 | 57,501 | 54,859 |
Occupancy expenses, premises and equipment | ||||||||
14,665 | 14,966 | 13,079 | 13,100 | 12,831 | 13,471 | 13,219 | 13,245 | 13,215 |
Amortization of intangibles | ||||||||
600 | 600 | 600 | 597 | 662 | 724 | 531 | 532 | 674 |
FDIC and other assessments | ||||||||
1,310 | 1,692 | 1,813 | 1,737 | 1,690 | 1,782 | 3,566 | 5,275 | 4,871 |
Other real estate owned and loan workout costs | ||||||||
- | - | - | 1,066 | 715 | 2,326 | 3,153 | 6,388 | 4,660 |
Net (gain) loss on securities, other assets and other real estate owned | ||||||||
507 | 121 | 369 | 2,597 | - | - | - | - | - |
Impairment of goodwill | ||||||||
- | - | - | - | - | - | - | - | 46,160 |
Net other than temporary impairment losses on securities recognized in earnings | ||||||||
- | - | - | - | - | 297 | 771 | 451 | 922 |
Net loss on securities, other assets and other real estate owned | ||||||||
- | - | - | - | -683 | 65 | 3,145 | 7,977 | 4,677 |
Other expense | ||||||||
16,738 | 16,623 | 15,528 | 14,225 | 12,578 | 12,566 | 11,073 | 11,976 | 11,372 |
Total noninterest expense | ||||||||
107,894 | 105,231 | 100,177 | 94,136 | 90,912 | 91,166 | 95,821 | 103,345 | 141,410 |
INCOME BEFORE INCOME TAXES | ||||||||
53,396 | 47,081 | 35,746 | 43,816 | 42,199 | 37,504 | 27,401 | -12,124 | -116,214 |
Provision for income taxes | ||||||||
20,478 | 12,182 | 9,606 | 15,018 | 13,909 | 13,258 | -5,808 | 10,158 | -32,859 |
NET INCOME (LOSS) BEFORE NONCONTROLLING INTEREST | ||||||||
- | - | - | - | - | - | - | -22,282 | - |
LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST | ||||||||
- | - | - | - | - | - | - | 209 | - |
NET INCOME FROM CONTINUING OPERATIONS | ||||||||
32,918 | 34,899 | 26,140 | 28,798 | 28,290 | 24,246 | 33,209 | -22,491 | - |
Loss from discontinued operations | ||||||||
- | - | -113 | 338 | -1,151 | 495 | 407 | -276 | - |
Benefit for income taxes | ||||||||
- | - | -42 | 129 | -472 | 171 | 154 | -130 | - |
Net loss from discontinued operations | ||||||||
- | - | -71 | 209 | -679 | 324 | 253 | -146 | - |
NET INCOME (LOSS) BEFORE NONCONTROLLING INTEREST | ||||||||
- | - | - | - | - | - | - | - | -83,355 |
LESS: NET (INCOME) LOSS ATTRIBUTABLE TO NONCONTROLLING INTEREST | ||||||||
- | - | - | - | - | - | - | - | -314 |
NET INCOME | ||||||||
32,918 | 34,899 | 26,069 | 29,007 | 27,611 | 24,570 | 33,462 | -22,637 | -83,041 |
UNREALIZED APPRECIATION (DEPRECIATION) ON SECURITIES AVAILABLE FOR SALE AND DERIVATIVE INSTRUMENTS, net of income tax | ||||||||
- | - | - | - | - | - | - | - | 9,464 |
COMPREHENSIVE INCOME | ||||||||
- | - | - | - | - | - | - | - | -73,577 |
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS | ||||||||
32,918 | 34,899 | 25,749 | 28,433 | 26,667 | 21,755 | 28,315 | -26,401 | -86,773 |
EARNINGS PER COMMON SHARE: | ||||||||
Basic - Continuing | ||||||||
- | - | - | 0.69 | 0.68 | 0.54 | 0.75 | -0.72 | - |
Diluted - Continuing | ||||||||
- | - | - | 0.69 | 0.68 | 0.54 | 0.75 | -0.72 | - |
Basic - Discontinued | ||||||||
- | - | - | 0.01 | -0.02 | 0.01 | 0.01 | 0.00 | - |
Diluted - Discontinued | ||||||||
- | - | - | 0.01 | -0.02 | 0.01 | 0.01 | 0.00 | - |
Basic earnings per share | ||||||||
0.79 | 0.84 | 0.63 | 0.70 | 0.66 | 0.55 | 0.76 | -0.72 | -2.98 |
Diluted earnings per share | ||||||||
0.78 | 0.84 | 0.62 | 0.70 | 0.66 | 0.55 | 0.76 | -0.72 | -2.98 |