|
Taxable
|
|
$17.8m
|
$14.3m
|
$12.4m
|
$20.3m
|
$30.8m
|
$29.5m
|
$26.3m
|
|
Non-Taxable
|
|
$1.9m
|
$1.2m
|
$882k
|
$693k
|
$634k
|
$269k
|
$265k
|
|
Federal Reserve Bank Excess Reserves
|
|
$1.5m
|
$224k
|
$169k
|
$312k
|
$1.0m
|
$2.2m
|
$2.5m
|
|
Interest on Bank Deposits
|
|
$1.3m
|
$78k
|
$102k
|
$29k
|
$64k
|
$85k
|
$268k
|
|
Dividend Income
|
|
$144k
|
$218k
|
$121k
|
$154k
|
$1.5m
|
$1.0m
|
$616k
|
|
Interest on Other Borrowings
|
|
$117k
|
$434k
|
$468k
|
$1.4m
|
$21.1m
|
$11.8m
|
$5.2m
|
|
NET INTEREST INCOME
|
|
$112.3m
|
$105.1m
|
$111.2m
|
$139.9m
|
$122.3m
|
$114.5m
|
$130.8m
|
|
(Recovery) Provision for Credit Losses
|
|
$3.4m
|
$18.0m
|
$3.4m
|
$2.4m
|
$5.5m
|
($5.0m)
|
($3.6m)
|
|
(Recovery) Provision for Unfunded Commitments
|
|
$0
|
$0
|
($1.3m)
|
$509k
|
$901k
|
($7k)
|
($194k)
|
|
Net Interest Income After (Recovery) Provision for Credit Losses
|
|
$108.9m
|
$87.1m
|
$109.1m
|
$137.0m
|
$115.9m
|
$119.5m
|
$134.7m
|
|
Gains (Losses) on Sales of Securities, net
|
|
$2.2m
|
$6.9m
|
$6.9m
|
$46k
|
($1.5m)
|
$68k
|
$46k
|
|
Service Charges, Commissions and Fees
|
|
—
|
—
|
$6.7m
|
$7.2m
|
$7.2m
|
$7.4m
|
$7.3m
|
|
Debit Card Interchange Fees
|
|
—
|
—
|
$7.2m
|
$7.4m
|
$7.8m
|
$7.8m
|
$7.9m
|
|
Insurance Commissions
|
|
—
|
—
|
$1.9m
|
$2.0m
|
$1.9m
|
$3.7m
|
$2.7m
|
|
Bank Owned Life Insurance Income
|
|
$1.4m
|
$1.4m
|
$1.4m
|
$1.4m
|
$1.4m
|
$1.5m
|
$1.5m
|
|
Commercial Loan Swap Fee Income
|
|
—
|
—
|
$2.4m
|
$774k
|
$139k
|
$0
|
$0
|
|
Other
|
|
$8.2m
|
$8.2m
|
$8.4m
|
$8.5m
|
$9.8m
|
$8.8m
|
$11.1m
|
|
Salaries and Employee Benefits
|
|
$52.9m
|
$52.4m
|
$54.2m
|
$52.4m
|
$55.9m
|
$57.9m
|
$57.7m
|
|
Other Taxes
|
|
$2.8m
|
$3.2m
|
$3.1m
|
$3.3m
|
$3.3m
|
$3.6m
|
$3.6m
|
|
Professional and Legal Fees
|
|
$4.5m
|
$5.0m
|
$5.3m
|
$5.8m
|
$6.2m
|
$5.7m
|
$6.9m
|
|
Data Processing
|
|
$2.3m
|
$2.6m
|
$3.8m
|
$4.1m
|
$3.9m
|
$4.9m
|
$5.7m
|
|
Income Tax Provision
|
|
$1.2m
|
$772k
|
$4.1m
|
$11.6m
|
$5.3m
|
$6.3m
|
$8.6m
|
|
Total Interest Income
|
|
$159.1m
|
$140.9m
|
$133.9m
|
$160.2m
|
$196.4m
|
$221.7m
|
$232.2m
|
|
Total Noninterest Income
|
|
$16.9m
|
$26.6m
|
$28.9m
|
$21.7m
|
$18.3m
|
$21.4m
|
$22.4m
|
|
Income Before Income Taxes
|
|
$27.8m
|
($45.1m)
|
$35.7m
|
$61.7m
|
$28.7m
|
$30.9m
|
$40.0m
|
|
Net Income
|
|
$26.6m
|
($45.9m)
|
$31.6m
|
$50.1m
|
$23.4m
|
$24.5m
|
$31.4m
|
|
Basic Earnings per Common Share (in usd per share)
|
|
$1.01
|
($1.74)
|
$1.19
|
$2.03
|
$1.00
|
$1.06
|
$1.38
|
|
Diluted Earnings per Common Share (in usd per share)
|
|
$1.01
|
($1.74)
|
$1.19
|
$2.03
|
$1.00
|
$1.06
|
$1.38
|
|
Average Shares Outstanding - Basic (in shares)
|
|
26.3m
|
26.4m
|
26.3m
|
24.6m
|
23.2m
|
22.8m
|
22.5m
|
|
Average Shares Outstanding - Diluted (in shares)
|
|
26.3m
|
26.4m
|
26.3m
|
24.6m
|
23.2m
|
22.8m
|
22.5m
|
|
Interest Expense on Deposits
|
|
$46.7m
|
$35.4m
|
$22.2m
|
$18.6m
|
$52.6m
|
$95.4m
|
$96.2m
|
|
Interest Expense on Federal Funds Purchased
|
|
$0
|
$1k
|
$0
|
$188k
|
$368k
|
$0
|
$0
|
|
Occupancy Expense, net
|
|
$11.8m
|
$13.4m
|
$13.6m
|
$13.5m
|
$14.0m
|
$15.6m
|
$17.6m
|
|
FDIC Insurance Expense
|
|
$1.3m
|
$2.3m
|
$2.2m
|
$2.0m
|
$4.9m
|
$6.2m
|
$5.8m
|
|
Advertising Expense
|
|
$1.4m
|
$1.6m
|
$952k
|
$1.4m
|
$1.7m
|
$2.5m
|
$3.2m
|
|
Telephone Expense
|
|
$2.2m
|
$2.3m
|
$2.2m
|
$1.8m
|
$1.8m
|
$1.4m
|
$1.2m
|
|
Debit Card Expense
|
|
$2.8m
|
$2.6m
|
$2.8m
|
$2.8m
|
$2.9m
|
$3.4m
|
$4.2m
|
|
Total Interest Expense
|
|
$46.8m
|
$35.8m
|
$22.7m
|
$20.3m
|
$74.1m
|
$107.3m
|
$101.4m
|
|
Total Noninterest Expense
|
|
$98.0m
|
$158.8m
|
$102.3m
|
$97.0m
|
$105.5m
|
$110.0m
|
$117.1m
|