|
Other operating expenses
|
|
$1.0m
|
$1.7m
|
$1.4m
|
$1.9m
|
$2.0m
|
$2.8m
|
$3.1m
|
$3.0m
|
$3.7m
|
|
Loans held for investment
|
|
$17.6m
|
$24.4m
|
$31.8m
|
$35.6m
|
$41.5m
|
$54.0m
|
$81.2m
|
$98.5m
|
$119.6m
|
|
Securities, includes restricted stock
|
|
$2.5m
|
$3.9m
|
$3.9m
|
$2.6m
|
$2.2m
|
$4.2m
|
$5.0m
|
$8.6m
|
$12.6m
|
|
Securities purchased under agreements to resell
|
|
—
|
—
|
—
|
$94k
|
$619k
|
$1.3m
|
$1.5m
|
—
|
—
|
|
Interest earning cash and other
|
|
$291k
|
$631k
|
$960k
|
$392k
|
$193k
|
$1.6m
|
$4.2m
|
$6.3m
|
$7.2m
|
|
Savings, NOW and money market deposits
|
|
$424k
|
$908k
|
$2.1m
|
$888k
|
$746k
|
$1.5m
|
$7.6m
|
$12.9m
|
$17.7m
|
|
Time deposits
|
|
$93k
|
$275k
|
$473k
|
$297k
|
$79k
|
$155k
|
$476k
|
$551k
|
$280k
|
|
Borrowings
|
|
$21k
|
$29k
|
$5k
|
$5k
|
$3k
|
$4k
|
$4k
|
$4k
|
$4k
|
|
Net interest income
|
|
$19.9m
|
$27.7m
|
$34.1m
|
$37.4m
|
$43.7m
|
$59.3m
|
$83.8m
|
$99.9m
|
$121.5m
|
|
Provision for credit losses
|
|
—
|
—
|
—
|
—
|
$7.0m
|
$3.5m
|
$4.5m
|
$4.7m
|
$9.7m
|
|
Net interest income after provision for credit losses
|
|
$19.0m
|
$26.4m
|
$32.3m
|
$31.2m
|
$36.7m
|
$55.9m
|
$79.2m
|
$95.2m
|
$111.8m
|
|
Payment processing fees
|
|
—
|
—
|
—
|
—
|
$20.9m
|
$21.9m
|
$22.3m
|
$20.9m
|
$20.2m
|
|
Administrative service income
|
|
—
|
—
|
—
|
—
|
$29k
|
$2.5m
|
$2.5m
|
$2.7m
|
$3.0m
|
|
Net gain on equity investments
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$4.0m
|
—
|
$432k
|
|
Customer related fees, service charges and other
|
|
—
|
—
|
—
|
—
|
$434k
|
$359k
|
$955k
|
$1.3m
|
$1.4m
|
|
Employee compensation and benefits
|
|
$10.1m
|
$13.0m
|
$14.7m
|
$16.9m
|
$21.7m
|
$25.8m
|
$32.5m
|
$37.8m
|
$42.3m
|
|
Occupancy and equipment
|
|
$1.6m
|
$1.7m
|
$1.9m
|
$2.4m
|
$2.8m
|
$3.2m
|
$3.4m
|
$4.1m
|
$4.9m
|
|
Professional and consulting services
|
|
$1.9m
|
$2.6m
|
$2.9m
|
$3.2m
|
$2.9m
|
$3.4m
|
$5.4m
|
$3.8m
|
$5.5m
|
|
FDIC and regulatory assessments
|
|
$256k
|
$321k
|
$242k
|
$375k
|
$447k
|
$558k
|
$793k
|
$943k
|
$1.1m
|
|
Advertising and marketing
|
|
$485k
|
$524k
|
$718k
|
$584k
|
$1.2m
|
$1.5m
|
$1.8m
|
$3.5m
|
$3.6m
|
|
Travel and business relations
|
|
$428k
|
$504k
|
$548k
|
$210k
|
$327k
|
$566k
|
$985k
|
$966k
|
$1.6m
|
|
Data processing
|
|
$1.7m
|
$1.9m
|
$2.5m
|
$3.1m
|
$3.7m
|
$4.2m
|
$5.2m
|
$6.7m
|
$8.5m
|
|
Total interest income
|
|
$20.4m
|
$29.0m
|
$36.7m
|
$38.6m
|
$44.5m
|
$61.0m
|
$91.9m
|
$113.4m
|
$139.4m
|
|
Total noninterest income
|
|
$5.5m
|
$7.9m
|
$11.8m
|
$14.6m
|
$21.0m
|
$24.9m
|
$29.8m
|
$24.9m
|
$25.1m
|
|
Net income before income taxes
|
|
$7.0m
|
$11.9m
|
$19.1m
|
$17.2m
|
$22.7m
|
$38.8m
|
$55.9m
|
$59.3m
|
$65.7m
|
|
Net income
|
|
$3.6m
|
$8.7m
|
$14.1m
|
$12.6m
|
$17.9m
|
$28.5m
|
$41.0m
|
$43.7m
|
$50.8m
|
|
Basic
|
|
$0.59
|
$1.18
|
$1.91
|
$1.70
|
$2.40
|
$3.73
|
$5.31
|
$5.58
|
$6.30
|
|
Diluted
|
|
$0.58
|
$1.13
|
$1.82
|
$1.65
|
$2.26
|
$3.47
|
$4.91
|
$5.14
|
$5.87
|
|
Income tax expense
|
|
$3.4m
|
$3.2m
|
$5.0m
|
$4.5m
|
$4.8m
|
$10.3m
|
$14.9m
|
$15.6m
|
$14.8m
|
|
Total interest expense
|
|
$538k
|
$1.2m
|
$2.5m
|
$1.2m
|
$828k
|
$1.6m
|
$8.1m
|
$13.4m
|
$17.9m
|
|
Total noninterest expense
|
|
$17.4m
|
$22.3m
|
$24.9m
|
$28.7m
|
$35.1m
|
$42.0m
|
$53.1m
|
$60.8m
|
$71.2m
|