| Sep'19 | Sep'18 | Sep'17 | Sep'16 | Sep'15 | Sep'14 | Sep'13 | Sep'12 | Sep'11 | Sep'10 | Sep'09 | Sep'08 |
|---|---|---|---|---|---|---|---|---|---|---|---|
INTEREST AND DIVIDEND INCOME: | |||||||||||
Loans, including fees | |||||||||||
458,779 | 422,953 | 394,447 | 375,624 | 369,302 | 363,409 | 376,840 | 409,400 | 413,464 | 415,477 | 455,933 | 486,940 |
Investment securities available for sale | |||||||||||
13,100 | 11,134 | 9,041 | 9,390 | 9,571 | 9,212 | 4,941 | 1,995 | 240 | 549 | 790 | 1,721 |
Investment securities held to maturity | |||||||||||
- | - | - | - | - | - | - | 4,245 | 11,455 | 19,046 | 28,601 | 43,247 |
Federal funds sold | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 14,485 |
Other interest and dividend earning assets | |||||||||||
10,208 | 8,958 | 5,507 | 3,427 | 4,604 | 2,063 | 2,191 | 2,213 | 2,334 | 2,819 | 1,898 | 3,790 |
Total interest and dividend income | |||||||||||
482,087 | 443,045 | 408,995 | 388,441 | 383,477 | 374,684 | 383,972 | 417,853 | 427,493 | 437,891 | 487,222 | 550,183 |
INTEREST EXPENSE: | |||||||||||
Deposits | |||||||||||
143,353 | 102,255 | 87,421 | 90,000 | 93,526 | 93,178 | 111,408 | 153,100 | 177,842 | 208,462 | 254,491 | 328,799 |
Borrowed funds | |||||||||||
73,313 | 59,849 | 42,678 | 28,026 | 19,824 | 10,073 | 4,011 | 2,546 | 2,003 | 1,923 | 2,656 | 1,522 |
Total interest expense | |||||||||||
216,666 | 162,104 | 130,099 | 118,026 | 113,350 | 103,251 | 115,419 | 155,646 | 179,845 | 210,385 | 257,147 | 330,321 |
NET INTEREST INCOME | |||||||||||
265,421 | 280,941 | 278,896 | 270,415 | 270,127 | 271,433 | 268,553 | 262,207 | 247,648 | 227,506 | 230,075 | 219,862 |
Provision for Loan and Lease Losses | |||||||||||
-10,000 | -11,000 | -17,000 | -8,000 | -3,000 | 19,000 | 37,000 | 102,000 | 98,500 | 106,000 | 115,000 | 34,500 |
NET INTEREST INCOME AFTER PROVISION (CREDIT) FOR LOAN LOSSES | |||||||||||
275,421 | 291,941 | 295,896 | 278,415 | 273,127 | 252,433 | 231,553 | 160,207 | 149,148 | 121,506 | 115,075 | 185,362 |
NON-INTEREST INCOME: | |||||||||||
Gain (Loss) on Sales of Loans, Net | |||||||||||
1,869 | 3,383 | 2,183 | 6,161 | 4,519 | 2,031 | 8,267 | 688 | 490 | 25,303 | 32,850 | 3,896 |
Increase in and death benefits from bank owned life insurance contracts | |||||||||||
6,695 | 6,158 | 6,449 | 7,409 | 7,324 | 6,439 | 6,464 | 6,484 | 6,521 | 6,491 | 6,591 | 8,297 |
Income on private equity investments | |||||||||||
- | - | - | - | - | - | - | - | - | 669 | -821 | 3,490 |
Other | |||||||||||
4,582 | 4,502 | 4,321 | 3,959 | 4,445 | 4,164 | 4,816 | 5,818 | 8,356 | 5,550 | 7,173 | 6,652 |
Total non-interest income | |||||||||||
20,464 | 21,536 | 19,849 | 24,952 | 24,260 | 21,900 | 28,468 | 24,463 | 30,982 | 58,638 | 67,384 | 47,780 |
NON-INTEREST EXPENSE: | |||||||||||
Salaries and employee benefits | |||||||||||
103,991 | 101,316 | 94,622 | 95,562 | 95,638 | 90,333 | 86,471 | 80,113 | 76,014 | 83,915 | 78,050 | 75,919 |
Marketing services | |||||||||||
19,364 | 19,252 | 19,713 | 16,956 | 19,904 | 14,256 | 12,983 | 9,799 | 7,745 | 6,043 | 7,116 | 14,147 |
Office property, equipment and software | |||||||||||
26,432 | 26,897 | 24,531 | 23,862 | 22,048 | 20,694 | 21,009 | 20,489 | 20,074 | 20,379 | 21,902 | 19,297 |
Federal insurance premium and assessments | |||||||||||
10,432 | 11,189 | 10,055 | 10,377 | 11,135 | 9,911 | 13,019 | 14,294 | 19,516 | 18,898 | 18,918 | 5,377 |
State franchise tax | |||||||||||
5,040 | 4,775 | 5,235 | 5,459 | 5,914 | 6,503 | 6,627 | 6,039 | 4,805 | 4,602 | 5,037 | 5,411 |
Real estate owned expense, net | |||||||||||
- | - | - | 5,772 | 9,705 | 9,337 | 6,724 | 8,190 | 8,061 | -5,339 | -7,918 | -6,287 |
Appraisal and other loan review expense | |||||||||||
- | - | - | - | - | - | - | - | 5,601 | 1,300 | 984 | - |
Other expenses | |||||||||||
28,414 | 28,884 | 28,248 | 23,016 | 23,648 | 24,442 | 30,827 | 32,134 | 26,239 | 21,457 | 22,463 | 25,009 |
Total non-interest expense | |||||||||||
193,673 | 192,313 | 182,404 | 181,004 | 187,992 | 175,476 | 177,660 | 171,058 | 168,055 | 161,933 | 162,388 | 151,447 |
INCOME BEFORE INCOME TAXES | |||||||||||
102,212 | 121,164 | 133,341 | 122,363 | 109,395 | 98,857 | 82,361 | 13,612 | 12,075 | 18,211 | 20,071 | 81,695 |
Income Tax Expense (Benefit) | |||||||||||
21,975 | 35,757 | 44,464 | 41,810 | 36,804 | 32,966 | 26,402 | 2,133 | 2,735 | 6,873 | 5,676 | 27,205 |
Net Income (Loss) Attributable to Parent | |||||||||||
80,237 | 85,407 | 88,877 | 80,553 | 72,591 | 65,891 | 55,959 | 11,479 | 9,340 | 11,338 | 14,395 | 54,490 |
Earnings per share - Basic | |||||||||||
0.29 | 0.31 | 0.32 | 0.28 | - | - | - | - | - | - | - | - |
Earnings per share - Diluted | |||||||||||
0.28 | 0.30 | 0.32 | 0.28 | - | - | - | - | - | - | - | - |
Earnings per share—basic and diluted | |||||||||||
- | - | - | - | 0.25 | 0.22 | 0.18 | 0.04 | 0.03 | 0.04 | 0.05 | 0.17 |
Weighted average shares outstanding | |||||||||||
Weighted Average Number of Shares Outstanding, Basic | |||||||||||
275,395 | 275,590 | 277,213 | 281,566 | 289,935 | 298,974 | 301,832 | 301,226 | 300,358 | 299,795 | 301,227 | 319,386 |
Weighted Average Number of Shares Outstanding, Diluted | |||||||||||
277,374 | 277,298 | 279,268 | 283,785 | 292,210 | 300,556 | 302,746 | 301,770 | 300,969 | 300,252 | 301,592 | 319,502 |
Banking | |||||||||||
Fees and service charges, net of amortization | |||||||||||
7,318 | 7,493 | 6,896 | 7,423 | 7,972 | 9,266 | 8,921 | 11,473 | 15,615 | 20,625 | 21,591 | 25,445 |