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Financial Statements

As Reported Financials

Source Document Currency Code (in thousands) 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 9/30/2018 USD 2018 Q3 YTD 9/30/2018 USD
Source Document Currency Code 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 9/30/2018 USD 2018 Q3 YTD 9/30/2018 USD

ASSETS

Cash on hand and in banks 74,028 63,816 77,117 78,293 120,833
Interest earning deposits 47,608 62,824 26,628 24,722 49,310
Cash and cash equivalents 121,636 126,640 103,745 103,015 170,143
Other interest earning deposits 10,126 6,719 NA NA NA
Investment securities available for sale, at fair value 742,846 811,869 794,645 810,530 920,737
Investment securities held to maturity 35,814 NA NA NA NA
Loans held for sale 5,582 7,682 11,662 2,288 1,882
Loans receivable, net 2,251,077 2,402,042 2,640,749 2,849,071 3,649,054
Allowance for loan losses (27,729) (29,746) (31,083) (32,086) (34,475)
Total loans receivable, net 2,223,348 2,372,296 2,609,666 2,816,985 3,614,579
FDIC indemnification asset 1,116 NA NA NA NA
Other real estate owned 3,355 2,019 754 0 2,032
Premises and equipment, net 64,938 61,891 63,911 60,325 80,439
Federal Home Loan Bank stock, at cost 12,188 4,148 7,564 8,347 6,076
Bank owned life insurance 35,176 60,876 70,355 75,091 93,296
Accrued interest receivable 9,836 10,469 10,925 12,244 15,735
Prepaid expenses and other assets 61,871 58,365 79,351 99,328 108,730
Other intangible assets, net 10,889 8,789 7,374 6,088 21,728
Goodwill 119,029 119,029 119,029 119,029 240,837
Total assets 3,457,750 3,650,792 3,878,981 4,113,270 5,276,214

LIABILITIES AND STOCKHOLDERS' EQUITY

Deposits 2,906,331 3,108,287 3,229,648 3,393,060 4,398,127
Federal Home Loan Bank advances NA 0 79,600 92,500 0
Junior subordinated debentures 19,082 19,424 19,717 20,009 20,229
Securities sold under agreement to repurchase 32,181 23,214 22,104 31,821 32,233
Accrued expenses and other liabilities 45,650 29,897 46,149 67,575 79,492
Total liabilities 3,003,244 3,180,822 3,397,218 3,604,965 4,530,081

Stockholders' equity

Preferred stock 0 0 0 0 0
Common stock 364,741 359,451 359,060 360,590 591,065
Retained earnings 86,387 107,960 125,309 149,013 169,758
Accumulated other comprehensive loss, net 3,378 2,559 (2,606) (1,298) (14,690)
Total stockholders' equity 454,506 469,970 481,763 508,305 746,133
Total liabilities and stockholders' equity 3,457,750 3,650,792 3,878,981 4,113,270 5,276,214
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.
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