Fcb financial holdings, inc. (FCB)
Income statement / Yearly
Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12
Interest income:
Interest and fees on loans

295,400

258,261

196,123

158,670

108,521

112,716

Interest and dividends on investment securities

78,176

60,706

52,741

44,545

36,518

35,973

Other interest income

525

349

176

211

224

145

Total interest income

374,101

319,316

249,040

203,426

145,263

148,834

Interest expense:
Interest on deposits

66,066

44,329

26,141

22,758

18,537

22,700

Interest on borrowings

12,583

7,271

5,103

5,496

4,403

4,806

Total interest expense

78,649

51,600

31,244

28,254

22,940

27,506

Net interest income

295,452

267,716

217,796

175,172

122,323

121,328

Provision for loan losses

9,415

7,655

6,823

10,243

2,914

26,101

Net interest income after provision for loan losses

286,037

260,061

210,973

164,929

119,409

95,227

Noninterest income:
Service charges and fees

3,736

3,467

3,184

2,963

2,374

2,082

Loan and other fees

11,415

8,895

8,611

6,793

5,057

1,009

Bank-owned life insurance income

5,647

5,192

4,610

4,175

257

-

FDIC loss share indemnification loss

0

0

-65,529

-21,425

-18,533

-3,470

Income from resolution of acquired assets

1,973

3,345

9,605

4,899

8,475

9,593

Gain (loss) on sales of other real estate owned

-176

3,126

8,107

144

1,267

5,153

Gain (loss) on investment securities

1,933

1,819

1,906

12,105

8,682

2,321

Other noninterest income

10,488

3,873

4,184

7,378

3,363

2,607

Total noninterest income

35,016

29,717

-25,322

17,032

10,942

19,295

Noninterest expense:
Salaries and employee benefits

84,830

76,231

69,021

73,241

46,914

48,243

Occupancy and equipment expenses

13,463

13,591

14,397

14,064

9,872

9,772

Loan and other real estate related expenses

3,623

7,356

7,740

14,868

19,158

31,993

Professional services

5,940

5,207

5,412

5,629

6,403

10,466

Data processing and network

12,565

11,461

10,671

10,744

7,280

6,927

Regulatory assessments and insurance

8,971

7,872

8,196

7,839

5,414

7,327

Amortization of intangibles

1,023

1,189

1,631

1,710

1,526

1,806

Marketing and promotions

4,587

3,851

3,612

1,865

-

-

Other operating expenses

6,692

7,199

5,924

15,672

7,741

5,215

Total noninterest expense

141,694

133,957

126,604

145,632

104,308

121,749

Income before income tax expense

179,359

155,821

59,047

36,329

26,043

-7,227

Income tax expense

54,165

55,905

5,656

13,957

8,872

-2,399

Net income

125,194

99,916

53,391

22,372

17,171

-4,828

Earnings per share:
Basic (usd per share)

2.92

2.45

1.29

0.59

0.46

-0.13

Diluted (usd per share)

2.71

2.31

1.23

0.58

0.46

-0.13

Weighted average shares outstanding:
Basic (shares)

42,887

40,716

41,300

38,054

36,947

37,011

Diluted (shares)

46,120

43,225

43,293

38,258

36,949

37,011