Income Statement

Financial Highlights
12/31/2013
12/31/2014
12/31/2015
12/31/2016
NA NA NA NA
Interest Income 27,515 36,168 44,100 54,123
Interest Expense 5,187 7,511 9,225 11,132
Net Interest Income 22,328 28,657 34,875 42,991
FTE Net Interest Income NA NA NA NA
Provision for Loan Losses 2,260 2,582 2,493 3,632
Trading Account Income 0 0 0 0
Foreign Exchange Income 0 0 0 0
Trust Revenue 0 0 0 0
Service Charges on Deposits 673 677 646 764
Gain on Sale of Loans (FAS 140) 23,019 19,107 30,885 36,715
Loan Fees & Charges 826 6 21 (249)
Bank-owned Life Insurance Revenue 460 588 653 638
Insurance Revenue NA 328 338 420
Investment Banking & Brokerage 0 0 0 0
Other Noninterest Income 95 903 2,282 (3,091)
Total Noninterest Income 25,073 21,609 34,825 35,197
Realized Gain on Securities 145 413 130 1,082
Nonrecurring Revenue 626 0 0 6,926
Compensation & Benefits NA 27,774 36,073 45,225
Occupancy & Equipment NA 4,157 5,403 6,138
Marketing and Promotion Expense NA 1,133 1,323 1,253
Professional Fees NA 2,054 2,761 2,720
Tech & Communications Expense NA 2,768 3,934 4,964
Amrt of Intang & Goodwill Impair 7 4 34 101
Foreclosure & Repo 1 (81) (654) 2
Other Expense 40,092 6,369 8,252 8,306
Total Noninterest Expense 40,100 44,178 57,126 68,709
Nonrecurring Expense 288 1,016 722 500
Pre-Provision Net Revenue 7,301 6,088 12,574 9,479
Non-FTE Pre-Provision Net Revenue 7,301 6,088 12,574 9,479
Net Income before Taxes 5,524 2,903 9,489 13,355
Provision for Taxes 1,245 248 2,886 4,378
Effective Tax Rate(%) 22.54 8.54 30.41 32.78
Min Int & Oth after-tax Items 0 0 0 0
Extraordinary Items (260) (576) 213 3,935
Net Income 4,020 2,079 6,816 12,912
Net Income Attributable to Noncontrolling Int 0 0 0 0
Net Income Attributable to Parent 4,020 2,079 6,816 12,912
Preferred Dividends 85 332 575 1,128
Other Preferred Dividends after Net Income 0 0 0 0
Other Changes to Net Income 0 0 0 0
Net Income Avail to Common 3,935 1,747 6,241 11,784
Net Income for Diluted EPS NA 1,747 6,241 13,174
EPS after Extra($) 0.57 0.22 0.77 1.31
EPS after Extra Growth(%) (36.30) (61.40) 250 70.10
Pre-Provision Earnings per Share($) 0.68 0.46 0.94 0.64
Comprehensive Income
Net Income 4,020 2,079 6,816 12,912
Preferred Dividend Adjustment to Comprehensive Inc 0 0 0 0
Total Other Comprehensive Income (1,466) 319 (291) (1,344)
Comprehensive Income 2,554 2,398 6,525 11,568
Interest Income Earned On:
Interest Earned on Loans 24,686 33,027 41,331 50,582
Int Inc: Securities 2,629 2,918 2,495 3,219
Int Inc: Other Earn Assets 200 223 274 322
Int Inc: Secs & Oth Earn Assets 2,829 3,141 2,769 3,541
Int Inc: Total Earn Assets 27,515 36,168 44,100 54,123
Interest Expense Incurred On:
Int Exp: CDs 1,501 2,089 3,026 3,965
Int Exp: Other Deposits 2,498 3,474 3,220 3,783
Int Exp: Total Deposits 3,999 5,563 6,246 7,748
Int Exp: Debt 1,188 1,948 2,979 3,384
Int Exp: Total Int-bearing Liab 5,187 7,511 9,225 11,132
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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