| Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|
Interest and dividend income | |||||||||
Loans, including fees | |||||||||
392,499 | 347,438 | 301,542 | 248,665 | 137,255 | 124,522 | 120,596 | 88,238 | 88,550 | 83,802 |
Taxable securities | |||||||||
12,760 | 10,800 | 9,254 | 9,307 | 9,352 | 9,780 | 14,850 | 25,830 | 24,837 | 22,919 |
Nontaxable securities | |||||||||
2,525 | 2,907 | 3,052 | 2,995 | 2,248 | 2,133 | 1,891 | 1,892 | 1,528 | 517 |
Interest-bearing deposits in other financial institutions | |||||||||
4,941 | 4,009 | 1,878 | 631 | 249 | 126 | 117 | 170 | 402 | 652 |
FHLB and FRB stock and other | |||||||||
2,257 | 1,703 | 1,626 | 1,094 | 543 | 528 | 538 | 94 | 68 | - |
FHLB and Federal Reserve Bank stock | |||||||||
- | - | - | - | - | - | - | - | - | 16 |
Total interest and dividend income | |||||||||
414,982 | 366,857 | 317,352 | 262,692 | 149,647 | 137,089 | 137,992 | 116,224 | 115,385 | 107,906 |
Interest expense | |||||||||
Deposits | |||||||||
57,475 | 36,694 | 21,034 | 13,127 | 8,212 | 9,545 | 11,453 | 22,474 | 31,015 | 34,366 |
FHLB advances | |||||||||
16,009 | 9,650 | 7,167 | 6,552 | 7,610 | 8,503 | 9,807 | 9,882 | - | - |
Repurchase agreements and other borrowings | |||||||||
8,990 | 9,082 | 6,882 | 1,936 | 818 | - | 33 | 474 | 599 | 157 |
FHLB advances | |||||||||
- | - | - | - | - | - | - | - | 11,723 | - |
FHLB advances | |||||||||
- | - | - | - | - | - | - | - | - | 14,056 |
Repurchase agreement and other borrowings | |||||||||
- | - | - | - | - | 821 | 876 | 816 | 816 | 707 |
Total interest expense | |||||||||
82,474 | 55,426 | 35,083 | 21,615 | 16,640 | 18,869 | 22,169 | 33,646 | 44,153 | 49,286 |
Net interest income | |||||||||
332,508 | 311,431 | 282,269 | 241,077 | 133,007 | 118,220 | 115,823 | 82,578 | 71,232 | 58,620 |
Provision for credit losses | |||||||||
35,797 | 39,456 | 26,900 | 25,465 | - | - | - | - | - | - |
Provision for credit losses | |||||||||
- | - | - | - | 6,721 | 3,199 | 3,139 | 3,970 | - | - |
Provision for loan losses | |||||||||
- | - | - | - | - | - | - | - | 5,119 | 7,652 |
Net interest income after provision for credit losses | |||||||||
296,711 | 271,975 | 255,369 | 215,612 | 126,286 | 115,021 | 112,684 | 78,608 | 66,113 | 50,968 |
Non-interest income | |||||||||
Service charges and other fees | |||||||||
35,320 | 35,742 | 36,690 | - | - | - | - | - | - | - |
Service charges and other fees | |||||||||
- | - | - | 30,936 | 19,382 | 18,715 | 19,512 | 18,556 | 18,505 | 18,954 |
Other charges and fees | |||||||||
- | - | - | - | - | - | 579 | 723 | 711 | 586 |
Net gain on sale of mortgage loans held for sale | |||||||||
6,573 | 7,322 | 8,225 | 8,036 | 0 | 0 | 5,436 | 7,639 | 13,041 | 16,591 |
Bank-owned life insurance income | |||||||||
1,890 | 1,727 | 1,744 | 1,699 | 628 | 649 | 699 | 506 | 384 | 539 |
Net gain (loss) on securities transactions | |||||||||
-138 | -39 | 56 | - | - | - | - | - | - | - |
Impairment of collateralized debt obligations (all credit) | |||||||||
- | - | - | - | - | - | - | - | - | 12,246 |
Net gain (loss) on securities transactions | |||||||||
- | - | - | 203 | 0 | -177 | 1,014 | 6,268 | 0 | 2,377 |
Gain (loss) on sale and disposition of assets | |||||||||
2,981 | -1,572 | 3,356 | 873 | 658 | 835 | -191 | -798 | -365 | - |
Impairment of goodwill | |||||||||
- | - | - | - | - | - | 818 | 271 | 0 | - |
Loss on sale and disposition of assets | |||||||||
- | - | - | - | - | - | - | - | - | -1,041 |
Other | |||||||||
2,615 | 402 | 1,860 | 3,068 | 75 | 1,811 | 3,325 | 1,925 | 1,188 | 1,439 |
Total non-interest income | |||||||||
49,241 | 43,582 | 51,931 | 44,815 | 20,743 | 21,833 | 29,556 | 34,548 | 33,464 | 27,199 |
Non-interest expense | |||||||||
Salaries and employee benefits | |||||||||
100,170 | 95,136 | 92,568 | 92,527 | 55,057 | 53,328 | 51,719 | 47,360 | 46,203 | 46,777 |
Merger and acquisition costs | |||||||||
- | - | - | 1,553 | 10,291 | 663 | 4,127 | 0 | 0 | - |
Advertising | |||||||||
4,371 | 4,378 | 3,861 | 3,773 | 1,535 | 2,690 | 1,753 | 1,519 | 1,285 | 1,284 |
Occupancy and equipment | |||||||||
15,643 | 14,385 | 15,007 | 14,860 | 7,374 | 7,675 | 7,365 | 5,966 | 5,907 | 5,999 |
Outside professional services | |||||||||
5,804 | 4,889 | 3,872 | 3,332 | 2,291 | 2,760 | 2,320 | 2,644 | 2,369 | 1,882 |
Regulatory assessments | |||||||||
3,521 | 4,479 | 4,948 | 4,260 | 2,713 | 2,477 | 2,534 | 2,401 | - | - |
Regulatory assessments | |||||||||
- | - | - | - | - | - | - | - | 3,235 | 4,018 |
Data processing | |||||||||
21,378 | 16,796 | 14,974 | 11,278 | 6,862 | 6,727 | 6,109 | 4,648 | 4,232 | 4,209 |
Office operations | |||||||||
9,005 | 9,238 | 9,901 | 10,697 | 6,584 | 6,783 | 7,144 | 5,972 | - | - |
Office operations | |||||||||
- | - | - | - | - | - | - | - | 5,790 | 5,984 |
Other | |||||||||
11,238 | 11,043 | 11,246 | 9,275 | 5,385 | 5,774 | 4,619 | 4,730 | 4,125 | 4,384 |
Total non-interest expense | |||||||||
171,130 | 160,344 | 156,377 | 151,555 | 98,092 | 88,877 | 87,690 | 75,240 | 73,146 | 74,537 |
Income before income tax expense | |||||||||
174,822 | 155,213 | 150,923 | 108,872 | 48,937 | 47,977 | 54,550 | 37,916 | 26,431 | 3,630 |
Income tax expense | |||||||||
20,633 | 65,719 | 53,102 | 37,956 | 17,659 | 16,289 | 19,309 | 11,588 | 8,632 | 960 |
Net income | |||||||||
- | - | - | - | 31,278 | 31,688 | 35,241 | 26,328 | 17,799 | - |
Net Income (Loss) Attributable to Parent | |||||||||
154,189 | 89,494 | 97,821 | 70,916 | - | - | - | - | - | 2,670 |
Earnings per share: | |||||||||
Basic (in dollars per share) | |||||||||
3.27 | 1.91 | 2.11 | 1.54 | 0.82 | 0.83 | 0.98 | 0.81 | 0.59 | 0.09 |
Diluted (in dollars per share) | |||||||||
3.23 | 1.89 | 2.09 | 1.53 | 0.81 | 0.83 | 0.98 | 0.81 | 0.59 | 0.09 |
Dividends declared (in dollars per share) | |||||||||
0.70 | 0.61 | 0.58 | 0.54 | 0.48 | 0.32 | 0.40 | 0.20 | - | - |