| Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|
Interest income | |||||||||
Loans | |||||||||
96,653 | 79,795 | 57,903 | 52,619 | 49,559 | 49,724 | - | - | - | - |
Loans | |||||||||
- | - | - | - | - | - | 63,044 | 82,290 | - | - |
Loans | |||||||||
- | - | - | - | - | - | - | - | 97,413 | 118,122 |
Loans held for sale | |||||||||
4,318 | 3,301 | 1,755 | 1,396 | 454 | 310 | 424 | 542 | 415 | 1,006 |
Securities available for sale, nontaxable | |||||||||
1,412 | 1,668 | 1,129 | 35 | - | - | - | - | - | - |
Securities available for sale, taxable | |||||||||
4,732 | 5,579 | 6,915 | - | - | - | - | - | - | - |
Securities available for sale, taxable | |||||||||
- | - | - | 10,141 | 12,314 | 13,454 | 13,741 | 12,366 | 11,727 | 11,455 |
Securities held to maturity, nontaxable | |||||||||
250 | 214 | 248 | 96 | - | - | - | - | - | - |
Securities held to maturity, taxable | |||||||||
1,574 | 1,764 | 1,989 | 590 | - | - | - | - | - | - |
Federal Home Loan Bank stock dividends | |||||||||
1,133 | 961 | 723 | 723 | 859 | 1,107 | 1,175 | 1,125 | 1,158 | 1,223 |
Other interest earning assets | |||||||||
500 | 228 | 67 | 35 | 58 | 149 | 60 | 64 | 35 | 57 |
Total interest income | |||||||||
110,572 | 93,510 | 70,729 | 65,635 | 63,244 | 64,744 | 78,444 | 96,387 | 110,748 | 131,863 |
Interest expense | |||||||||
Deposits | |||||||||
17,796 | 8,437 | 5,922 | 6,526 | 6,435 | 7,623 | 11,896 | 24,341 | 32,062 | 45,985 |
Federal Home Loan Bank advances | |||||||||
4,830 | 4,699 | 2,486 | 1,334 | 2,022 | 2,106 | 2,415 | 3,162 | 3,588 | 5,797 |
Repurchase agreements and other | |||||||||
1 | 21 | 20 | 1,253 | 3,368 | 3,684 | 3,695 | 3,709 | 3,737 | -4,167 |
Total interest expense | |||||||||
22,627 | 13,157 | 8,428 | 9,113 | 11,825 | 13,413 | 18,006 | 31,212 | 39,387 | 55,949 |
Net interest income | |||||||||
87,945 | 80,353 | 62,301 | 56,522 | 51,419 | 51,331 | 60,438 | 65,175 | 71,361 | 75,914 |
(Recovery) provision for loan losses | |||||||||
- | - | - | - | -1,271 | 4,116 | 39,325 | - | - | - |
Provision for loan losses | |||||||||
699 | 4,253 | 5,387 | 2,135 | - | - | - | 24,658 | 62,427 | 49,074 |
Net interest income after provision for loan losses | |||||||||
87,246 | 76,100 | 56,914 | 54,387 | 52,690 | 47,215 | 21,113 | 40,517 | 8,934 | 26,840 |
Non-interest income | |||||||||
Insurance agency income | |||||||||
2,197 | 2,006 | 1,686 | - | - | - | - | - | - | - |
Non-deposit investment income | |||||||||
1,216 | 1,158 | 1,281 | 1,115 | 1,415 | 1,562 | 1,898 | 1,398 | 1,619 | 1,424 |
Deposit related fees | |||||||||
- | - | - | 5,384 | 4,901 | 5,564 | 5,449 | - | - | - |
Mortgage servicing fees | |||||||||
3,304 | 3,005 | 2,833 | 2,730 | 2,737 | 2,808 | 2,808 | - | - | - |
Mortgage servicing rights valuation | |||||||||
61 | 9 | -39 | -19 | 58 | -680 | - | - | - | - |
Mortgage servicing rights valuation | |||||||||
- | - | - | - | - | - | 1,105 | - | - | - |
Mortgage servicing rights amortization | |||||||||
1,949 | 1,944 | 2,094 | 1,800 | 1,687 | 2,143 | 2,584 | - | - | - |
Net Gains (losses): | |||||||||
Trading securities, including change in fair value | |||||||||
669 | - | - | - | - | - | - | - | - | - |
Securities available for sale (includes $128, $0, $420 and $233, respectively, accumulated other comprehensive income reclassifications for unrealized net gains on available for sale securities) | |||||||||
-627 | 566 | 604 | - | - | - | - | - | - | - |
Other service fees | |||||||||
- | - | - | 75 | 20 | 74 | - | - | - | - |
Other service fees | |||||||||
- | - | - | - | - | - | 27 | - | - | - |
Service fees and other charges | |||||||||
- | - | - | - | - | - | - | 4,416 | 6,369 | 8,531 |
Securities available for sale (includes $94, $301, $233, and $330, respectively, accumulated other comprehensive income reclassifications for unrealized net gains on available for sale securities) | |||||||||
- | - | - | 142 | 444 | 2,577 | 6,325 | 8,633 | 8,803 | 1,863 |
Mortgage banking income | |||||||||
5,090 | 6,503 | 6,444 | 6,841 | 1,570 | 4,777 | - | - | - | - |
Total impairment loss | |||||||||
- | - | - | - | - | - | 13 | 89 | - | - |
Loss recognized in other comprehensive income | |||||||||
- | - | - | - | - | - | - | 0 | - | - |
Total impairment loss recognized in earnings | |||||||||
- | - | - | - | - | - | 13 | 89 | - | - |
Total impairment loss | |||||||||
- | - | - | - | - | - | - | - | 58 | -778 |
Loss recognized in other comprehensive income | |||||||||
- | - | - | - | - | - | - | - | 0 | 0 |
Net impairment loss recognized in earnings | |||||||||
- | - | - | - | - | - | - | - | 58 | 778 |
Mortgage banking income | |||||||||
- | - | - | - | - | - | 7,391 | 5,675 | 4,365 | 6,164 |
Real estate owned and other repossessed assets, net | |||||||||
260 | 189 | 93 | 445 | 800 | 2,181 | 4,191 | - | - | - |
Real estate owned and other repossessed assets charges, net | |||||||||
- | - | - | - | - | - | - | -6,165 | -6,123 | -7,918 |
Debit/credit card fees | |||||||||
- | - | - | 3,684 | 3,354 | 3,584 | 3,256 | - | - | - |
Gain on sale of a retail branches | |||||||||
- | - | - | - | - | - | - | 4,154 | 1,387 | - |
Other income | |||||||||
1,893 | 2,549 | 1,909 | 1,972 | 1,845 | 2,447 | 1,260 | 5,203 | 5,531 | 4,632 |
Total non-interest income | |||||||||
23,402 | 25,239 | 22,076 | 19,717 | 13,741 | 19,749 | 22,731 | 23,225 | 21,893 | 13,918 |
Non-interest expense | |||||||||
Salaries and employee benefits | |||||||||
37,071 | 34,807 | 28,600 | 26,724 | 29,546 | 27,675 | 30,161 | 31,160 | 32,699 | 30,493 |
Occupancy | |||||||||
4,167 | 3,943 | 3,373 | 3,249 | 3,469 | 3,390 | 3,344 | 3,409 | 3,583 | 3,669 |
Equipment and data processing | |||||||||
8,679 | 8,944 | 7,564 | 6,865 | 7,470 | 7,103 | 6,895 | 6,590 | 6,627 | 6,525 |
Financial institutions tax | |||||||||
1,950 | 1,648 | 1,694 | 1,241 | 795 | 1,567 | 1,841 | 1,495 | 2,011 | 2,083 |
Advertising | |||||||||
1,278 | 991 | 845 | 737 | 838 | 893 | 778 | 820 | 860 | 1,136 |
Amortization of intangible assets | |||||||||
502 | 422 | 69 | 54 | 68 | 86 | 108 | 139 | 176 | 223 |
Prepayment penalty on FHLB advances | |||||||||
- | - | - | - | - | - | - | 0 | - | - |
FDIC insurance premiums | |||||||||
1,270 | 1,078 | 940 | 1,241 | 1,216 | 2,347 | 4,202 | 4,855 | 5,686 | 7,304 |
Other insurance premiums | |||||||||
373 | 450 | 328 | 355 | 495 | 662 | - | - | - | - |
Other insurance premiums | |||||||||
- | - | - | - | - | - | 636 | - | - | - |
Legal and consulting fees | |||||||||
1,094 | 724 | 953 | 1,227 | 607 | 688 | 2,340 | 3,677 | 4,106 | 3,520 |
Other professional fees | |||||||||
2,414 | 2,151 | 1,046 | 1,733 | 1,945 | 2,228 | 3,002 | - | - | - |
FHLB advance prepayment | |||||||||
936 | - | - | 1,280 | 3,409 | - | 803 | - | - | - |
Real estate owned and other repossessed asset expenses | |||||||||
129 | 135 | 191 | 338 | 631 | 1,450 | 1,743 | 2,891 | -4,971 | -2,713 |
Merger related expenses | |||||||||
- | 5,001 | 787 | - | - | - | - | - | - | - |
Other expenses | |||||||||
5,216 | 7,965 | 5,629 | 4,885 | 5,471 | 8,648 | 9,316 | 8,476 | 7,612 | 5,974 |
Total non-interest expenses | |||||||||
65,079 | 68,259 | 52,019 | 49,929 | 55,960 | 56,737 | 65,169 | 63,512 | 68,331 | 63,640 |
Income before income taxes | |||||||||
45,569 | 33,080 | 26,971 | 24,175 | 10,471 | 10,227 | - | - | - | - |
Income before income taxes | |||||||||
- | - | - | - | - | - | -21,325 | 230 | -37,504 | -22,882 |
Income tax expense (includes $27, $0, $88 and $49 income tax expense from reclassification items) | |||||||||
8,391 | 11,295 | 8,143 | 7,893 | -39,735 | 200 | -888 | 0 | 231 | -1,160 |
Amortization of discount on preferred stock | |||||||||
- | - | - | - | - | 6,751 | - | 0 | - | - |
Earnings available to common shareholders | |||||||||
37,178 | 21,785 | 18,828 | 16,282 | 50,206 | 3,276 | -20,437 | 230 | - | - |
Net income (loss) before discontinued operations | |||||||||
- | - | - | - | - | - | - | - | - | -21,722 |
Net income of Butler Wick Corp. | |||||||||
- | - | - | - | - | - | - | - | - | 4,949 |
Net income | |||||||||
37,178 | 21,785 | 18,828 | 16,282 | 50,206 | 10,027 | -20,437 | 230 | -37,273 | -16,773 |
Net income (loss) | |||||||||
37,178 | 21,785 | 18,828 | 16,282 | - | - | -20,437 | 230 | -37,273 | -16,773 |
Other comprehensive (loss) income | |||||||||
Unrealized gain (loss) on securities, available for sale, net of reclassifications and tax of $667, $(463), $2,185 and $(1,912), respectively | |||||||||
-2,877 | 2,578 | -638 | 824 | 21,940 | -48,446 | 1,635 | 9,120 | -9,558 | 588 |
Accretion of unrealized losses on securities transferred from available for sale to held to maturity, net of tax of $0, $10, $9 and $26, respectively | |||||||||
126 | 129 | 160 | 39 | - | - | - | - | - | - |
Unrealized gains (losses) and amortization of prior service credit on postretirement plan, net of tax of $0, $0 and $(447), respectively | |||||||||
- | - | -831 | -85 | - | - | - | - | - | - |
Unrealized gains (losses) and amortization of prior service credit on postretirement plan, net of tax of $(447), $(46) and $(147), respectively | |||||||||
- | - | - | - | -273 | 99 | 15 | 690 | - | - |
Reversal of disproportionate tax effect from postretirement plan upon settlement | |||||||||
- | - | -511 | - | - | - | - | - | - | - |
Unrealized gain/(loss) on postretirement plan, net of tax | |||||||||
- | - | - | - | - | - | - | - | 670 | 113 |
Total other comprehensive income (loss) | |||||||||
-2,751 | 2,707 | -1,820 | 778 | 21,667 | -48,347 | 1,650 | 9,810 | -8,888 | - |
Comprehensive income | |||||||||
34,427 | 24,492 | 17,008 | 17,060 | 71,873 | -38,320 | -18,787 | 10,040 | -46,161 | -16,298 |
Earnings per share | |||||||||
Basic-continuing operations | |||||||||
- | - | - | - | - | - | - | - | - | -0.73 |
Basic-discontinued operations | |||||||||
- | - | - | - | - | - | - | - | - | 0.17 |
Basic | |||||||||
0.75 | 0.44 | 0.40 | 0.34 | 1.00 | 0.07 | -0.62 | 0.01 | -1.22 | -0.56 |
Diluted-continuing operations | |||||||||
- | - | - | - | - | - | - | - | - | -0.73 |
Diluted-discontinued operations | |||||||||
- | - | - | - | - | - | - | - | - | 0.17 |
Diluted | |||||||||
0.74 | 0.44 | 0.40 | 0.34 | 1.00 | 0.07 | -0.62 | 0.01 | -1.22 | -0.56 |
Deposit Account [Member] | |||||||||
Deposit related fees | |||||||||
5,706 | 5,636 | 5,486 | - | - | - | - | - | - | - |
Financial Service, Other [Member] | |||||||||
Deposit related fees | |||||||||
161 | 125 | 135 | - | - | - | - | - | - | - |
Credit and Debit Card [Member] | |||||||||
Deposit related fees | |||||||||
4,158 | 4,215 | 3,846 | - | - | - | - | - | - | - |
Fiduciary and Trust [Member] | |||||||||
Deposit related fees | |||||||||
1,905 | 1,618 | - | - | - | - | - | - | - | - |