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As Reported Financials

As Reported Financials

Source Document Currency Code (in thousands) 2013 Y 9/30/2015 USD 2014 Y 9/30/2016 USD 2015 Y 9/30/2016 USD 2016 Y 9/30/2016 USD 2017 Q1 YTD 12/31/2016 USD
Source Document Currency Code 2013 Y 9/30/2015 USD 2014 Y 9/30/2016 USD 2015 Y 9/30/2016 USD 2016 Y 9/30/2016 USD 2017 Q1 YTD 12/31/2016 USD

Interest and dividend income

Loans 319,710 324,610 338,458 370,444 101,683
Taxable securities 28,552 26,363 22,973 23,249 5,878
Nontaxable securities 127 80 51 230 199
Dividends on securities 909 968 1,247 1,201 300
Federal funds sold and other 336 455 652 574 346
Total interest and dividend income 349,634 352,476 363,381 395,698 108,406

Interest expense

Deposits 33,117 25,764 23,362 25,114 7,290
Securities sold under agreements to repurchase 644 600 563 519 115
FHLB advances and other borrowings 3,103 3,452 3,631 4,154 1,271
Related party notes payable 950 921 771 0 NA
Subordinated debentures and subordinated notes payable 1,347 1,315 1,557 3,737 1,088
Total interest expense 39,161 32,052 29,884 33,524 9,764
Net interest income 310,473 320,424 333,497 362,174 98,642
Provision for loan and lease losses 11,574 684 19,041 16,955 7,049
Net interest income after provision for loan and lease losses 298,899 319,740 314,456 345,219 91,593

Noninterest income

Service charges and other fees 41,692 40,204 39,134 46,209 12,086
Wealth management fees 8,108 7,228 7,412 7,283 2,254
Mortgage banking income, net 13,724 5,539 6,694 7,261 2,662
Net gain (loss) on sale of securities 917 90 310 160 0
Net (decrease) in fair value of loans at fair value (41,160) 11,904 36,742 26,314 (64,001)
Net realized and unrealized gain on derivatives 26,088 (30,177) (62,088) (48,658) 58,976
Other 10,463 4,993 5,686 3,968 1,930
Total noninterest income 59,832 39,781 33,890 42,537 13,907

Noninterest expense

Salaries and employee benefits 100,660 95,105 100,646 109,055 31,634
Data processing 18,980 19,548 19,531 21,719 5,677
Occupancy expenses 18,532 17,526 14,809 15,759 4,024
Professional fees 12,547 12,233 14,024 13,572 2,835
Communication expenses 4,609 4,510 4,455 3,721 1,040
Advertising 6,267 4,746 3,940 4,267 975
Equipment expense 4,518 4,350 3,905 3,795 798
Net loss (gain) recognized on repossessed property and other related expenses 3,650 8,644 5,382 1,263 658
Amortization of core deposits and other intangibles 19,290 16,215 7,110 3,264 839
Acquisition expenses NA 0 0 15,692 710
Other 19,537 17,345 12,992 15,533 3,347
Total noninterest expense 208,590 200,222 186,794 207,640 52,537
Income before income taxes 150,141 159,299 161,552 180,116 52,963
Provision for income taxes 53,898 54,347 52,487 58,863 16,060
Net income 96,243 104,952 109,065 121,253 36,903
Other comprehensive (loss) - change in net unrealized (loss) on securities available for sale (26,192) 924 8,475 3,216 (13,310)
Comprehensive income 70,051 105,876 117,540 124,469 23,593

Basic earnings per common share

Weighted average shares outstanding 57,886,114 57,886,114 57,455,693 56,563,438 58,750,522
Basic earnings per share 1.66 1.81 1.90 2.14 0.63

Diluted earnings per common share

Weighted average shares outstanding 57,886,114 57,886,114 57,500,878 56,729,350 58,991,905
Diluted earnings per share 1.66 1.81 1.90 2.14 0.63

Dividends per share

Dividends paid 41,400 102,000 20,520 31,419 9,981
Dividends per share 0.72 1.76 0.36 0.56 0.17
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.