| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
Interest and Dividend Income | |||||||||
Loans, including fees | |||||||||
97,719 | 88,769 | 70,737 | - | - | - | - | - | - | - |
Loans, including fees | |||||||||
- | - | - | 56,019 | 53,035 | 52,926 | 56,193 | 66,769 | 80,084 | 99,297 |
Loans held-for-sale | |||||||||
133 | 127 | 123 | 151 | 189 | 133 | 156 | 260 | 342 | 413 |
Securities: | |||||||||
Taxable | |||||||||
9,256 | 9,577 | 10,202 | 15,865 | 14,037 | 14,131 | 11,692 | 7,212 | 3,989 | 4,766 |
Tax exempt | |||||||||
7,425 | 8,341 | 5,939 | 842 | 542 | 472 | 587 | 416 | 487 | 1,795 |
Dividends from FHLBC and FRBC stock | |||||||||
602 | 469 | 370 | 333 | 306 | 309 | 304 | 305 | 290 | 251 |
Federal funds sold | |||||||||
- | - | - | - | - | - | - | - | 1 | 3 |
Interest bearing deposits with financial institutions | |||||||||
459 | 334 | 134 | 169 | 55 | 73 | 108 | 119 | 230 | 156 |
Total interest and dividend income | |||||||||
115,594 | 107,617 | 87,505 | 73,379 | 68,164 | 68,044 | 69,040 | 75,081 | 85,423 | 106,681 |
Interest Expense | |||||||||
Savings, NOW, and money market deposits | |||||||||
2,960 | 2,156 | 950 | 789 | 734 | 738 | 859 | 1,062 | 1,579 | 4,067 |
Time deposits | |||||||||
6,736 | 5,829 | 4,227 | 3,640 | 3,201 | 4,500 | 6,774 | 8,809 | 14,478 | 18,795 |
Securities sold under repurchase agreements | |||||||||
577 | 462 | 17 | - | - | - | - | - | 1 | 28 |
Other short-term borrowings | |||||||||
1,755 | 1,429 | 741 | - | - | - | - | - | - | - |
Other short-term borrowings | |||||||||
- | - | - | 106 | 33 | 19 | 28 | 19 | - | 18 |
Junior subordinated debentures | |||||||||
3,724 | 3,716 | 4,002 | 4,334 | 4,287 | 4,919 | 5,298 | 4,925 | 4,577 | 4,309 |
Senior notes | |||||||||
2,699 | 2,688 | 2,689 | 112 | - | - | - | - | - | - |
Subordinated debt | |||||||||
- | - | - | 949 | 814 | 792 | 811 | 903 | 822 | 838 |
Notes payable and other borrowings | |||||||||
384 | 398 | - | 8 | 7 | - | - | - | - | - |
Notes payable and other borrowings | |||||||||
- | - | - | - | - | 16 | 16 | 17 | 16 | 13 |
Total interest expense | |||||||||
18,835 | 16,678 | 12,626 | 9,938 | 9,076 | 10,984 | 13,786 | 15,735 | 21,473 | 28,068 |
Net interest and dividend income | |||||||||
96,759 | 90,939 | 74,879 | 63,441 | 59,088 | 57,060 | 55,254 | 59,346 | 63,950 | 78,613 |
Provision for loan and lease losses | |||||||||
1,600 | 1,228 | 1,800 | 750 | -4,400 | - | - | - | 8,887 | 89,668 |
Loan loss reserve release | |||||||||
- | - | - | - | - | -3,300 | -8,550 | 6,284 | - | - |
Net interest and dividend income after provision for loan and lease losses | |||||||||
95,159 | 89,711 | 73,079 | 62,691 | 63,488 | 60,360 | 63,804 | 53,062 | 55,063 | -11,055 |
Noninterest Income | |||||||||
Trust income | |||||||||
- | - | - | - | 5,953 | 6,198 | 6,339 | 6,041 | 6,817 | 6,849 |
Service charges on deposits | |||||||||
- | - | - | - | 6,820 | 7,079 | 7,256 | 7,682 | 8,135 | 8,563 |
Secondary mortgage fees | |||||||||
- | - | - | - | 907 | 621 | 821 | 1,307 | 1,055 | 1,537 |
Mortgage servicing rights mark to market loss | |||||||||
2,662 | 734 | 802 | 919 | 1,141 | 1,214 | - | - | - | - |
Mortgage servicing income | |||||||||
- | - | - | - | 1,628 | 1,423 | 1,913 | -289 | -341 | -63 |
Net gain on sales of mortgage loans | |||||||||
5,112 | 3,791 | 4,803 | 6,343 | 5,775 | 3,594 | 5,627 | 10,688 | 5,458 | 9,696 |
Securities gains (losses), net | |||||||||
4,511 | 360 | 474 | -2,213 | - | - | - | - | - | - |
Securities gains (losses), net | |||||||||
- | - | - | - | -178 | 1,719 | -1,912 | 1,575 | 631 | 2,727 |
Increase in cash surrender value of BOLI | |||||||||
1,415 | 984 | 1,432 | 1,283 | 1,277 | 1,453 | 1,603 | 1,608 | 1,629 | 1,674 |
Death benefit realized on bank-owned life insurance | |||||||||
872 | 1,026 | - | - | 115 | - | 381 | - | - | 943 |
Debit card interchange income | |||||||||
4,177 | 4,420 | 4,200 | 4,027 | 4,028 | 3,806 | 3,458 | 3,547 | 3,004 | - |
Gains (losses) on disposal and transfer of fixed assets, net | |||||||||
-32 | - | -10 | 1 | 1,119 | 121 | -9 | - | - | - |
Debit card interchange income | |||||||||
- | - | - | - | - | - | - | - | - | 2,783 |
Lease revenue from other real estate owned | |||||||||
- | - | - | - | - | - | - | - | 3,635 | 1,760 |
Net gain on sale of other real estate owned | |||||||||
- | - | - | - | - | - | - | - | 1,311 | 614 |
Litigation related income | |||||||||
- | - | - | - | - | - | - | - | - | 2,656 |
Other income | |||||||||
5,320 | 5,126 | 4,778 | 4,938 | 5,229 | 4,658 | 5,688 | 5,060 | 4,674 | 5,171 |
Total noninterest income | |||||||||
35,800 | 31,353 | 30,372 | 28,574 | 29,294 | 29,216 | 31,183 | 37,219 | 36,008 | 44,910 |
Noninterest Expense | |||||||||
Salaries and employee benefits | |||||||||
46,869 | 44,161 | 40,080 | 36,234 | 35,061 | 36,167 | 36,688 | 34,989 | 34,015 | 36,867 |
Occupancy expense, net | |||||||||
- | - | - | - | 6,260 | 4,963 | 5,032 | 4,841 | 5,112 | 5,142 |
Occupancy, furniture and equipment | |||||||||
8,289 | 6,915 | 5,951 | 6,063 | 4,357 | 3,972 | 4,264 | 4,614 | 5,601 | 6,196 |
Computer and data processing | |||||||||
5,631 | 6,745 | 4,387 | 4,349 | - | - | - | - | - | - |
FDIC insurance | |||||||||
176 | 653 | 658 | 865 | 1,334 | 2,170 | 4,027 | 4,031 | 4,854 | 4,879 |
General bank insurance | |||||||||
1,002 | 1,040 | 1,031 | 1,109 | 1,273 | 1,561 | 2,318 | 3,384 | 3,320 | 586 |
Amortization of core deposit intangible | |||||||||
539 | 387 | 96 | 16 | - | 1,177 | 2,099 | 1,402 | 847 | 1,129 |
Advertising expense | |||||||||
1,225 | 1,567 | 1,505 | 1,633 | 1,340 | 1,278 | 1,225 | 1,309 | 1,106 | 1,461 |
Debit card interchange expense | |||||||||
977 | 940 | 1,329 | 1,455 | 1,514 | 1,631 | 1,433 | 1,548 | 1,424 | 1,345 |
Legal fees | |||||||||
675 | 835 | 650 | 800 | 1,175 | 1,333 | 2,066 | 3,176 | 4,118 | 3,236 |
Other real estate expense, net | |||||||||
423 | 396 | 2,165 | 2,743 | 5,191 | 6,917 | 10,747 | 18,663 | 24,356 | 26,401 |
Other expense | |||||||||
13,296 | 13,489 | 11,297 | 11,494 | 10,916 | 12,510 | 13,245 | 12,396 | 12,816 | 13,394 |
Total noninterest expense | |||||||||
79,102 | 77,128 | 69,149 | 66,761 | 68,421 | 73,679 | 83,144 | 90,353 | 97,569 | 100,636 |
Income before income taxes | |||||||||
51,857 | 43,936 | 34,302 | 24,504 | 24,361 | - | - | - | - | - |
Income before income taxes | |||||||||
- | - | - | - | - | 15,897 | 11,843 | -72 | -6,498 | -66,781 |
Provision for income taxes | |||||||||
12,402 | 9,924 | 19,164 | 8,820 | 8,976 | 5,761 | -70,242 | - | 0 | 41,868 |
Net income | |||||||||
- | - | - | - | 15,385 | 10,136 | 82,085 | -72 | -6,498 | -108,649 |
Preferred stock dividends and accretion of discount | |||||||||
- | - | - | - | 1,873 | 5,062 | 5,258 | 4,987 | - | - |
Dividends waived upon preferred stock redemption | |||||||||
- | - | - | - | - | 5,433 | - | - | - | - |
Gain on preferred stock redemption | |||||||||
- | - | - | - | - | 1,348 | - | - | - | - |
Preferred stock dividends and accretion of discount | |||||||||
- | - | - | - | - | - | - | - | 4,730 | 4,538 |
Net income available to common stockholders | |||||||||
39,455 | 34,012 | 15,138 | 15,684 | 13,512 | 11,855 | 76,827 | -5,059 | -11,228 | -113,187 |
Basic earnings per share (in dollars per share) | |||||||||
1.32 | 1.14 | 0.51 | 0.53 | 0.46 | 0.46 | 5.45 | -0.36 | -0.79 | -8.03 |
Diluted earnings per share (in dollars per share) | |||||||||
1.30 | 1.12 | 0.50 | 0.53 | 0.46 | 0.46 | 5.45 | -0.36 | -0.79 | -8.03 |
Dividends declared per share (in dollars per share) | |||||||||
0.04 | 0.04 | 0.04 | 0.03 | - | - | - | - | - | 0.02 |
Trust Income | |||||||||
Service charges on deposits | |||||||||
6,655 | 6,417 | 6,203 | 5,670 | - | - | - | - | - | - |
Bank Servicing | |||||||||
Service charges on deposits | |||||||||
7,715 | 7,328 | 6,720 | 6,684 | - | - | - | - | - | - |
Secondary mortgage fees | |||||||||
Service charges on deposits | |||||||||
772 | 696 | 776 | 1,038 | - | - | - | - | - | - |
Mortgage Servicing | |||||||||
Service charges on deposits | |||||||||
1,881 | 1,939 | 1,778 | 1,724 | - | - | - | - | - | - |