| Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|
Interest income: | |||||||||
Loans, including fees | |||||||||
60,485 | 68,708 | 67,584 | 70,474 | 72,327 | 71,016 | 49,776 | 41,887 | 40,029 | 41,342 |
Securities and other investments: | |||||||||
Taxable | |||||||||
9,246 | 9,180 | 7,924 | 7,559 | 8,100 | 8,609 | 8,083 | 5,362 | 3,699 | 3,905 |
Nontaxable | |||||||||
1,146 | 1,498 | 1,756 | 2,188 | 2,637 | 3,184 | 2,880 | 3,393 | 3,967 | 4,353 |
Other interest income | |||||||||
4,635 | 1,237 | 766 | 517 | 423 | 394 | 283 | 365 | 429 | 441 |
Total interest income | |||||||||
75,512 | 80,623 | 78,030 | 80,738 | 83,487 | 83,203 | 61,022 | 51,007 | 48,124 | 50,041 |
Interest expense: | |||||||||
Deposits | |||||||||
5,919 | 4,099 | 3,654 | 3,587 | 3,515 | 3,961 | 4,100 | 4,024 | 5,468 | 8,103 |
Securities sold under agreements to repurchase | |||||||||
98 | 685 | - | - | - | - | - | - | - | - |
Federal Home Loan Bank advances | |||||||||
466 | 412 | - | - | - | - | - | - | - | - |
Federal Home Loan Bank advances | |||||||||
- | - | 966 | 1,017 | 840 | 816 | 756 | - | - | - |
Long-term FHLB advances | |||||||||
- | - | 366 | 364 | 378 | 416 | 0 | - | - | - |
Other borrowings and payables | |||||||||
- | - | - | - | - | - | - | 807 | 953 | 1,098 |
Junior subordinated debentures | |||||||||
1,025 | 830 | 704 | 613 | 1,074 | 1,346 | 984 | 971 | 974 | 1,019 |
Interest Expense | |||||||||
7,508 | 6,026 | 5,690 | 5,581 | 5,807 | 6,539 | 5,840 | 5,802 | 7,395 | 10,220 |
Net interest income | |||||||||
68,004 | 74,597 | 72,340 | 75,157 | 77,680 | 76,664 | 55,182 | 45,205 | 40,729 | 39,821 |
Provision for loan losses | |||||||||
16,740 | 30,200 | 10,600 | 13,900 | 5,625 | 3,050 | 2,050 | 3,925 | 5,020 | 5,450 |
Net interest income after provision for loan losses | |||||||||
51,264 | 44,397 | 61,740 | 61,257 | 72,055 | 73,614 | 53,132 | 41,280 | 35,709 | 34,371 |
Non-interest income: | |||||||||
Service charges on deposits | |||||||||
7,844 | 8,968 | - | - | - | - | - | - | - | - |
Gain on securities, net | |||||||||
- | - | - | - | - | - | - | - | - | -178 |
ATM and debit card income | |||||||||
8,081 | 7,668 | 6,579 | 6,463 | 7,209 | 6,400 | 4,605 | 3,802 | 3,360 | 3,066 |
Credit card income | |||||||||
1,518 | 1,543 | - | - | - | - | - | - | - | - |
Service charges on deposits | |||||||||
- | - | 9,883 | 9,754 | 9,780 | 9,225 | 7,430 | 6,921 | 9,673 | 10,389 |
Marketable Securities, Realized Gain (Loss) | |||||||||
-49 | 347 | 20 | 1,243 | 128 | 234 | 204 | 99 | 3 | - |
Gain on sale of branches | |||||||||
0 | 744 | 0 | 0 | - | - | - | - | - | - |
Other charges and fees | |||||||||
2,109 | 2,511 | - | - | - | - | - | - | - | - |
Executive officer life insurance proceeds | |||||||||
- | - | - | - | 3,000 | 0 | 0 | - | - | - |
Other charges and fees | |||||||||
- | - | 3,624 | 4,020 | 2,843 | 2,963 | 2,705 | 2,239 | 1,821 | 1,769 |
Total non-interest income | |||||||||
19,503 | 21,781 | 20,106 | 21,480 | 22,960 | 18,822 | 14,944 | 13,061 | 14,857 | 15,046 |
Non-interest expenses: | |||||||||
Salaries and employee benefits | |||||||||
32,292 | 33,889 | 32,932 | 32,036 | 33,847 | 34,182 | 24,713 | 21,763 | 20,352 | 21,743 |
Occupancy expense | |||||||||
12,501 | 15,670 | 14,630 | 15,052 | 15,064 | 15,112 | 11,320 | 9,281 | 8,727 | 9,288 |
ATM and debit card expense | |||||||||
2,555 | 2,721 | 3,239 | 2,951 | 2,889 | 2,399 | 1,559 | 1,256 | 1,465 | 1,230 |
Regulatory remediation expense | |||||||||
19,721 | 2,628 | - | - | - | - | - | - | - | - |
Loss on transfer of loans to held for sale | |||||||||
987 | 6,030 | 0 | 0 | - | - | - | - | - | - |
Other | |||||||||
24,261 | 19,599 | 17,749 | 17,098 | 16,747 | 20,416 | 17,063 | 17,004 | 13,274 | 12,432 |
Total non-interest expenses | |||||||||
92,317 | 80,537 | 68,550 | 67,137 | 68,547 | 72,109 | 54,655 | 49,304 | 43,818 | 44,693 |
Loss before income tax benefit | |||||||||
-21,550 | -14,359 | 13,296 | 15,600 | 26,468 | 20,327 | 13,421 | 5,037 | 6,748 | 4,724 |
Income Tax Expense (Benefit) | |||||||||
5,966 | -2,598 | 3,857 | 4,583 | 7,358 | 6,151 | 3,779 | 564 | 968 | 125 |
Net Income (Loss) Attributable to Parent | |||||||||
-27,516 | -11,761 | 9,439 | 11,017 | 19,110 | 14,176 | 9,642 | 4,473 | 5,780 | 4,599 |
Dividends on preferred stock | |||||||||
3,239 | 3,242 | 2,861 | 687 | 698 | 1,332 | 1,547 | 1,802 | 1,198 | 1,175 |
Net loss available to common shareholders | |||||||||
-30,755 | -15,003 | 6,578 | 10,330 | 18,412 | 12,844 | 8,095 | 2,671 | 4,582 | 3,424 |
Basic loss per common share (in dollars per share) | |||||||||
-1.85 | -1.06 | 0.58 | 0.91 | 1.63 | 1.14 | 0.77 | 0.27 | 0.47 | 0.51 |
Diluted loss per common share (in dollars per share) | |||||||||
-1.85 | -1.06 | 0.58 | 0.90 | 1.58 | 1.12 | 0.77 | 0.27 | 0.47 | 0.51 |