| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 |
|---|---|---|---|---|---|---|
Interest income | ||||||
Loans and fees on loans | ||||||
207,836 | 147,310 | 99,633 | 55,107 | 33,340 | 19,947 | 14,479 |
Investment securities, taxable | ||||||
15,345 | 8,733 | 1,432 | 1,132 | 811 | 455 | 391 |
Other interest earning assets | ||||||
4,799 | 6,600 | 2,407 | 1,033 | 300 | 163 | 430 |
Total interest income | ||||||
227,980 | 162,643 | 103,472 | 57,272 | 34,451 | 20,565 | 15,300 |
Interest expense | ||||||
Deposits | ||||||
87,897 | 54,469 | 24,223 | 13,659 | 7,379 | 4,731 | 3,947 |
Borrowings | ||||||
1 | 131 | 1,215 | 964 | 1,483 | 1,121 | 574 |
Total interest expense | ||||||
87,898 | 54,600 | 25,438 | 14,623 | 8,862 | 5,852 | 4,521 |
Net interest income | ||||||
140,082 | 108,043 | 78,034 | 42,649 | 25,589 | 14,713 | 10,779 |
Provision for loan and lease losses | ||||||
19,573 | 13,058 | 9,536 | 12,536 | 3,806 | 2,793 | -858 |
Net interest income after provision for loan and lease credit losses | ||||||
120,509 | 94,985 | 68,498 | 30,113 | 21,783 | 11,920 | 11,637 |
Noninterest income | ||||||
Loan servicing revenue | ||||||
28,034 | 29,121 | 24,588 | 21,393 | 16,081 | 12,823 | 7,926 |
Loan servicing asset revaluation | ||||||
4,812 | 18,765 | 13,171 | 8,391 | 6,229 | 2,201 | - |
Net gains on sales of loans | ||||||
29,002 | 75,170 | 78,590 | 75,326 | 67,385 | 49,977 | 38,225 |
Gain on deconsolidation of subsidiary | ||||||
- | - | - | - | - | - | 12,212 |
Equity method investments income (loss) | ||||||
-7,889 | -386 | -513 | - | -26 | -2,221 | -2,756 |
Equity security investments (losses) gains, net | ||||||
3,532 | 213 | 89 | - | - | - | - |
Gain on sale of investment in non-consolidated affiliate | ||||||
- | - | - | - | 3,782 | 0 | 0 |
Gain on contribution to equity method investment | ||||||
- | - | 68,000 | 0 | 0 | - | - |
(Loss) gain on sale of investment securities available-for-sale | ||||||
620 | - | - | 1 | 13 | -74 | 11 |
Lease income | ||||||
9,655 | 7,966 | 1,856 | 0 | - | - | - |
Gain on contribution to equity method investment | ||||||
- | - | 68,000 | 0 | - | - | - |
Construction supervision fee income | ||||||
1,765 | 2,277 | 1,776 | 2,667 | 1,623 | 361 | 116 |
Title insurance income | ||||||
- | 2,775 | 7,565 | 0 | 0 | - | - |
Other noninterest income | ||||||
7,973 | 5,394 | 4,141 | 2,543 | 1,699 | 1,377 | 743 |
Total noninterest income | ||||||
67,880 | 103,765 | 172,921 | 93,539 | 84,328 | 60,042 | 56,477 |
Noninterest expense | ||||||
Salaries and employee benefits | ||||||
90,634 | 77,411 | 74,669 | 62,996 | 40,323 | 29,165 | 20,766 |
Travel expense | ||||||
6,921 | 9,156 | 8,124 | 8,205 | 7,379 | 5,392 | 4,458 |
Professional services expense | ||||||
6,859 | 4,878 | 4,937 | 3,482 | 2,643 | 3,775 | 1,714 |
Advertising and marketing expense | ||||||
5,936 | 6,015 | 6,363 | 4,534 | 4,333 | 3,316 | 2,316 |
Occupancy expense | ||||||
8,116 | 7,065 | 6,195 | 4,573 | 3,475 | 1,851 | 1,777 |
Data processing expense | ||||||
9,265 | 12,010 | 8,449 | 5,299 | 3,583 | 2,660 | 1,749 |
Equipment expense | ||||||
16,327 | 13,724 | 7,479 | 2,246 | 2,119 | 1,566 | 1,131 |
Other loan origination and maintenance expense | ||||||
9,272 | 5,967 | 4,970 | 2,825 | 2,069 | 1,652 | 1,743 |
Renewable energy tax credit investment impairment | ||||||
602 | - | 690 | 3,197 | 0 | 0 | - |
FDIC insurance | ||||||
3,447 | 3,234 | 3,206 | 1,417 | 514 | - | - |
Title insurance closing services expense | ||||||
- | 912 | 2,418 | 0 | 0 | - | - |
Impairment expense on goodwill and other intangibles | ||||||
0 | 2,680 | 3,648 | 0 | 0 | - | - |
Other expense | ||||||
7,545 | 9,652 | 12,017 | 7,671 | 5,277 | 5,149 | 4,518 |
Total noninterest expense | ||||||
164,924 | 152,704 | 143,165 | 106,445 | 71,715 | 54,526 | 40,172 |
(Loss) income before taxes | ||||||
23,465 | 46,046 | 98,254 | 17,207 | 34,396 | 17,436 | 27,942 |
Income tax (benefit) expense | ||||||
5,431 | -5,402 | -2,245 | 3,443 | 13,795 | 7,388 | 0 |
Net income | ||||||
- | - | - | 13,764 | 20,601 | 10,048 | 27,942 |
Net loss attributable to noncontrolling interest | ||||||
- | - | - | -9 | -24 | 0 | -120 |
Net (loss) income | ||||||
18,034 | 51,448 | 100,499 | 13,773 | 20,625 | 10,048 | 28,062 |
Basic (loss) earnings per share | ||||||
0.45 | 1.28 | 2.75 | 0.40 | 0.66 | 0.42 | 1.38 |
Diluted (loss) earnings per share | ||||||
0.44 | 1.24 | 2.65 | 0.39 | 0.65 | 0.41 | 1.37 |