| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | |
|---|---|---|---|---|---|---|
INTEREST INCOME: | ||||||
Loans, including fees | ||||||
154,266 | 149,422 | 104,205 | 75,121 | 64,404 | 58,037 | |
Securities | ||||||
15,294 | 4,209 | 3,604 | 3,993 | 3,371 | 2,977 | |
Other investments | ||||||
847 | 761 | 453 | 352 | 313 | 285 | |
Deposits in financial institutions and fed funds sold | ||||||
1,843 | 1,152 | 292 | 139 | 370 | 280 | |
Federal funds sold | ||||||
- | - | - | - | 1 | 2 | |
Total interest income | ||||||
172,250 | 155,544 | 108,554 | 79,605 | 68,459 | 61,581 | |
INTEREST EXPENSE: | ||||||
Transaction and savings deposits | ||||||
9,298 | 5,749 | 3,103 | 2,539 | 3,210 | 2,973 | |
Certificates and other time deposits | ||||||
15,452 | 14,022 | 7,237 | 6,747 | 7,789 | 6,381 | |
Subordinated debentures and subordinated notes | ||||||
4,216 | 1,182 | 227 | - | - | - | |
Other borrowed funds | ||||||
2,237 | 963 | 379 | 142 | 418 | 619 | |
Total interest expense | ||||||
31,203 | 21,916 | 10,946 | 9,428 | 11,417 | 9,973 | |
NET INTEREST INCOME | ||||||
141,047 | 133,628 | 97,608 | 70,177 | 57,042 | 51,608 | |
PROVISION FOR LOAN LOSSES | ||||||
14,360 | 64,700 | 17,864 | 2,693 | 2,373 | 8,060 | |
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES | ||||||
126,687 | 68,928 | 79,744 | 67,484 | 54,669 | 43,548 | |
NONINTEREST INCOME: | ||||||
Customer service fees | ||||||
9,103 | 6,129 | 3,925 | 2,655 | 1,826 | 1,699 | |
Loan fees | ||||||
3,515 | 2,974 | 2,369 | 1,917 | 1,270 | 930 | |
Gain on sale of available-for-sale securities, net | ||||||
-38 | 0 | 772 | - | -7 | 950 | |
Gain on held-for-sale loans, net | ||||||
-2,308 | -1,404 | 405 | 28 | - | - | |
Gain on sale of guaranteed portion of loans, net | ||||||
5,755 | 3,343 | 3,484 | 2,867 | 1,229 | - | |
Bargain purchase gain | ||||||
- | - | - | - | - | 578 | |
Other | ||||||
2,485 | 3,154 | 1,232 | 589 | 494 | 952 | |
Total noninterest income | ||||||
18,512 | 14,196 | 12,187 | 8,056 | 4,812 | 5,109 | |
NONINTEREST EXPENSE: | ||||||
Salaries and employee benefits | ||||||
52,542 | 47,169 | 38,110 | 31,102 | 25,618 | 22,021 | |
Occupancy | ||||||
8,194 | 8,319 | 7,097 | 5,028 | 4,725 | 4,194 | |
Professional and regulatory fees | ||||||
8,868 | 8,958 | 8,923 | 5,647 | 3,224 | 3,506 | |
Data processing | ||||||
3,808 | 3,859 | 3,098 | 5,353 | 1,429 | 1,826 | |
Software license and maintenance | ||||||
2,027 | 2,155 | 1,844 | 1,424 | 965 | 750 | |
Marketing | ||||||
775 | 1,114 | 791 | 654 | 605 | 626 | |
Loan related | ||||||
1,804 | 3,795 | 1,185 | 523 | 813 | 584 | |
Real estate acquired by foreclosure, net | ||||||
704 | 3,168 | 1,086 | 286 | 595 | 107 | |
Other | ||||||
5,377 | 5,961 | 4,044 | 2,416 | 3,181 | 2,128 | |
Total noninterest expense | ||||||
84,099 | 84,498 | 66,178 | 52,433 | 39,965 | 35,742 | |
INCOME BEFORE INCOME TAXES | ||||||
61,100 | -1,374 | 25,753 | 23,107 | 19,516 | 12,915 | |
PROVISION FOR INCOME TAXES | ||||||
26,964 | -402 | 10,314 | 8,365 | 6,906 | 4,380 | |
NET INCOME | ||||||
34,136 | -972 | 15,439 | 14,742 | 12,610 | 8,535 | |
EARNINGS PER SHARE: | ||||||
Basic (in dollars per share) | ||||||
0.92 | -0.03 | 0.54 | 0.65 | 0.61 | 0.44 | |
Diluted (in dollars per share) | ||||||
0.92 | -0.03 | 0.53 | 0.64 | 0.60 | 0.44 | |