|
Other operating expenses
|
|
$3.5m
|
$4.9m
|
$6.4m
|
$6.7m
|
$6.8m
|
$7.9m
|
|
Loans, including fees
|
|
$71.4m
|
$78.9m
|
$111.8m
|
$162.7m
|
$193.3m
|
$229.2m
|
|
Taxable securities
|
|
$1.3m
|
$1.3m
|
$1.7m
|
$1.9m
|
$1.8m
|
$1.6m
|
|
Nontaxable securities
|
|
$500k
|
$821k
|
$713k
|
$724k
|
$700k
|
$672k
|
|
Interest-bearing deposits in banks
|
|
$1.2m
|
$547k
|
$3.7m
|
$9.1m
|
$11.1m
|
$17.4m
|
|
Deposits
|
|
$7.4m
|
$2.2m
|
$10.9m
|
$57.9m
|
$82.4m
|
$92.4m
|
|
Subordinated notes
|
|
$1.8m
|
$1.8m
|
$3.7m
|
$4.6m
|
$4.6m
|
$4.6m
|
|
Other borrowings
|
|
—
|
—
|
$185k
|
$995k
|
$196k
|
$0
|
|
Net interest income
|
|
$65.2m
|
$77.6m
|
$103.1m
|
$110.9m
|
$119.7m
|
$151.9m
|
|
Provision for credit losses
|
|
$9.0m
|
$1.7m
|
$6.7m
|
$4.0m
|
$7.0m
|
$9.7m
|
|
Net interest income after provision for credit losses
|
|
$56.2m
|
$75.9m
|
$96.4m
|
$106.9m
|
$112.8m
|
$142.2m
|
|
Service charges on deposit accounts
|
|
$367k
|
$424k
|
$467k
|
$575k
|
$721k
|
$755k
|
|
Net gain (loss) on sale of securities
|
|
$1.4m
|
$724k
|
$5k
|
($167k)
|
$0
|
$0
|
|
Gain on sale of loans
|
|
$4.1m
|
$4.1m
|
$2.9m
|
$2.0m
|
$1.3m
|
$244k
|
|
Loan-related fees
|
|
$2.3m
|
$639k
|
$2.2m
|
$1.7m
|
$1.6m
|
$2.2m
|
|
FHLB stock dividends
|
|
$321k
|
$372k
|
$546k
|
$970k
|
$1.3m
|
$1.3m
|
|
Earnings on BOLI
|
|
$220k
|
$237k
|
$412k
|
$510k
|
$644k
|
$824k
|
|
Other
|
|
$502k
|
$802k
|
$586k
|
$2.0m
|
$889k
|
$1.2m
|
|
Salaries and employee benefits
|
|
$16.1m
|
$19.8m
|
$22.6m
|
$27.1m
|
$31.7m
|
$37.9m
|
|
Occupancy and equipment
|
|
$1.7m
|
$1.9m
|
$2.1m
|
$2.2m
|
$2.5m
|
$2.8m
|
|
Data processing and software
|
|
$2.0m
|
$2.5m
|
$3.1m
|
$4.0m
|
$5.1m
|
$6.1m
|
|
FDIC insurance
|
|
$1.1m
|
$700k
|
$850k
|
$1.6m
|
$1.6m
|
$1.9m
|
|
Professional services
|
|
$2.0m
|
$3.8m
|
$2.5m
|
$2.6m
|
$3.1m
|
$3.7m
|
|
Advertising and promotional
|
|
$1.1m
|
$1.3m
|
$1.9m
|
$2.4m
|
$2.4m
|
$3.2m
|
|
Provision for income taxes
|
|
$1.3m
|
$4.7m
|
$18.1m
|
$18.9m
|
$19.1m
|
$22.1m
|
|
Total interest and fee income
|
|
$74.4m
|
$81.6m
|
$117.9m
|
$174.4m
|
$207.0m
|
$248.9m
|
|
Total non-interest income
|
|
$9.3m
|
$7.3m
|
$7.2m
|
$7.5m
|
$6.5m
|
$6.5m
|
|
Income before provision for income taxes
|
|
$37.3m
|
$47.1m
|
$62.9m
|
$66.6m
|
$64.7m
|
$83.7m
|
|
Net income
|
|
$35.9m
|
$42.4m
|
$44.8m
|
$47.7m
|
$45.7m
|
$61.6m
|
|
Basic earnings per common share (in USD per share)
|
|
$3.57
|
$2.83
|
$2.61
|
$2.78
|
$2.26
|
$2.90
|
|
Diluted earnings per common share (in USD per share)
|
|
$3.57
|
$2.83
|
$2.61
|
$2.78
|
$2.26
|
$2.90
|
|
Loan-related expenses
|
|
$732k
|
$1.0m
|
$1.3m
|
$1.2m
|
$1.2m
|
$1.4m
|
|
Total interest expense
|
|
—
|
—
|
$14.8m
|
$63.5m
|
$87.2m
|
$97.0m
|
|
Total non-interest expense
|
|
$28.3m
|
$36.0m
|
$40.7m
|
$47.8m
|
$54.5m
|
$65.0m
|