|
Revenue from Contract with Customer, Including Assessed Tax
|
|
—
|
$75.2m
|
$74.6m
|
$83.8m
|
$87.1m
|
$106.4m
|
$96.8m
|
$102.6m
|
$108.8m
|
|
Loans, including fees
|
|
$68.8m
|
$81.2m
|
$85.8m
|
$86.4m
|
$78.1m
|
$89.9m
|
$136.9m
|
$183.6m
|
$253.7m
|
|
Taxable
|
|
$4.8m
|
$4.7m
|
$5.6m
|
$7.8m
|
$13.0m
|
$23.3m
|
$24.3m
|
$19.7m
|
$20.7m
|
|
Exempt from federal income taxes
|
|
$1.4m
|
$1.2m
|
$798k
|
$949k
|
$925k
|
$848k
|
$740k
|
$679k
|
$640k
|
|
Other
|
|
$5.6m
|
$3.6m
|
$3.3m
|
$5.0m
|
$3.9m
|
$6.9m
|
$5.3m
|
$5.6m
|
$7.8m
|
|
Deposits
|
|
$3.5m
|
$7.0m
|
$13.3m
|
$8.8m
|
$3.7m
|
$9.2m
|
$53.4m
|
$89.2m
|
$92.6m
|
|
Short-term borrowings
|
|
$942k
|
$1.9m
|
$1.8m
|
$83.8m
|
$87.1m
|
$4.3m
|
$21.0m
|
$22.6m
|
$11.9m
|
|
Long-term debt
|
|
$3.5m
|
$3.6m
|
$3.6m
|
$3.4m
|
$1.9m
|
$2.3m
|
$2.7m
|
$2.7m
|
$2.6m
|
|
Net interest income
|
|
$67.7m
|
$75.2m
|
$74.6m
|
$83.8m
|
$87.1m
|
$99.7m
|
$87.8m
|
$107.0m
|
$172.5m
|
|
Provision for credit losses
|
|
—
|
$75.2m
|
$2
|
$3
|
($3.5m)
|
$0
|
$2.1m
|
$18.1m
|
$556k
|
|
Net interest income after provision for credit losses
|
|
$64.4m
|
$66.6m
|
$67.2m
|
$72.9m
|
$90.6m
|
$99.7m
|
$85.8m
|
$88.9m
|
$171.9m
|
|
Net gains (losses) on investment securities
|
|
($13k)
|
$85k
|
$357k
|
$2.7m
|
$125k
|
$0
|
($24.6m)
|
$0
|
($68.4m)
|
|
Gain on sale of non-mortgage loans
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$0
|
$0
|
$2.1m
|
|
Compensation
|
|
$67.6m
|
$69.4m
|
$74.0m
|
$89.2m
|
$93.4m
|
$80.7m
|
$76.3m
|
$87.3m
|
$97.5m
|
|
Employee taxes and benefits
|
|
$16.5m
|
$17.9m
|
$19.5m
|
$20.1m
|
$22.0m
|
$21.9m
|
$20.1m
|
$23.0m
|
$26.8m
|
|
Professional fees and assessments
|
|
$6.2m
|
$5.1m
|
$4.0m
|
$4.7m
|
$6.3m
|
$8.4m
|
$6.7m
|
$19.6m
|
$11.1m
|
|
Marketing and business development
|
|
$3.3m
|
$3.5m
|
$3.2m
|
$3.1m
|
$3.2m
|
$3.3m
|
$3.0m
|
$3.2m
|
$3.8m
|
|
Supplies and postage
|
|
$2.6m
|
$2.7m
|
$2.7m
|
$2.2m
|
$2.4m
|
$2.4m
|
$1.8m
|
$2.0m
|
$2.5m
|
|
Travel
|
|
$1.5m
|
$1.7m
|
$1.8m
|
$359k
|
$442k
|
$1.2m
|
$1.2m
|
$1.4m
|
$1.4m
|
|
Total interest income
|
|
$75.6m
|
$87.7m
|
$93.3m
|
$96.1m
|
$92.7m
|
$115.6m
|
$164.9m
|
$221.6m
|
$279.6m
|
|
Total noninterest income
|
|
$103.0m
|
$102.7m
|
$114.2m
|
$149.4m
|
$147.4m
|
$111.2m
|
$80.2m
|
$114.9m
|
$51.9m
|
|
Income before income taxes
|
|
$32.5m
|
$33.0m
|
$38.9m
|
$58.5m
|
$69.1m
|
$52.2m
|
$15.9m
|
$23.2m
|
$22.6m
|
|
Net income
|
|
$15.0m
|
$25.9m
|
$29.5m
|
$44.7m
|
$52.7m
|
$40.0m
|
$11.7m
|
$17.8m
|
$17.4m
|
|
Basic earnings per common share (in dollars per share)
|
|
$1.10
|
$1.88
|
$1.96
|
$2.57
|
$3.02
|
$2.12
|
$0.59
|
$0.84
|
$0.69
|
|
Diluted earnings per common share (in dollars per share)
|
|
$1.07
|
$1.84
|
$1.91
|
$2.52
|
$2.97
|
$2.10
|
$0.58
|
$0.83
|
$0.68
|
|
Dividends declared per common share (in dollars per share)
|
|
$0.48
|
$0.53
|
$0.57
|
$0.60
|
$0.63
|
$0.70
|
$0.75
|
$0.79
|
$0.83
|
|
Average common shares outstanding (in shares)
|
|
13.7m
|
13.8m
|
14.7m
|
17.1m
|
17.2m
|
18.6m
|
19.9m
|
21.0m
|
25.4m
|
|
Diluted average common shares outstanding (in shares)
|
|
14.0m
|
14.1m
|
15.1m
|
17.4m
|
17.5m
|
18.9m
|
20.1m
|
21.3m
|
25.7m
|
|
Occupancy and equipment expense
|
|
$10.9m
|
$11.1m
|
$10.8m
|
$11.1m
|
$8.1m
|
$7.6m
|
$7.5m
|
$7.8m
|
$12.0m
|
|
Business services, software and technology expense
|
|
$13.0m
|
$14.5m
|
$16.4m
|
$19.1m
|
$20.5m
|
$19.5m
|
$21.1m
|
$21.8m
|
$24.7m
|
|
Intangible amortization expense
|
|
$5.6m
|
$4.6m
|
$4.1m
|
$4.0m
|
$4.4m
|
$4.8m
|
$5.3m
|
$6.8m
|
$10.5m
|
|
Mortgage and lending expenses
|
|
$2.2m
|
$2.2m
|
$2.9m
|
$5.0m
|
$4.2m
|
$2.2m
|
$1.9m
|
$2.2m
|
$3.1m
|
|
Income Tax Expense (Benefit)
|
|
$17.5m
|
$7.2m
|
$9.4m
|
$13.8m
|
$16.4m
|
$12.2m
|
$4.2m
|
$5.4m
|
$5.2m
|
|
Total interest expense
|
|
$8.0m
|
$12.5m
|
$18.7m
|
$12.3m
|
$5.6m
|
$15.8m
|
$77.0m
|
$114.5m
|
$107.1m
|
|
Total noninterest expense
|
|
$134.9m
|
$136.3m
|
$142.5m
|
$163.8m
|
$168.9m
|
$158.8m
|
$150.2m
|
$180.7m
|
$201.2m
|