|
Revenue from contract with customer
|
|
—
|
$11.5m
|
$11.6m
|
$9.9m
|
$16.1m
|
$11.7m
|
$7.6m
|
$8.9m
|
$9.7m
|
|
Loans, including fees
|
|
$59.1m
|
$70.2m
|
$79.3m
|
$75.9m
|
$107.9m
|
$142.8m
|
$181.9m
|
$200.8m
|
$209.5m
|
|
Other investment income
|
|
$1.2m
|
$2.2m
|
$3.3m
|
$1.4m
|
$885k
|
$4.3m
|
$10.8m
|
$11.8m
|
$10.8m
|
|
Federal funds sold
|
|
$214k
|
$464k
|
$581k
|
$308k
|
$5k
|
$75k
|
$177k
|
$305k
|
$559k
|
|
Deposits
|
|
$7.7m
|
$14.0m
|
$22.0m
|
$10.9m
|
$3.9m
|
$23.6m
|
$80.6m
|
$80.1m
|
$72.9m
|
|
FHLB advances and other borrowings
|
|
$890k
|
$664k
|
$287k
|
$571k
|
$624k
|
$4.1m
|
$10.7m
|
$14.7m
|
$17.5m
|
|
Net interest income
|
|
$51.9m
|
$58.2m
|
$61.0m
|
$66.1m
|
$104.2m
|
$119.6m
|
$101.5m
|
$118.1m
|
$130.4m
|
|
Provision for loan losses
|
|
$3.1m
|
$1.2m
|
—
|
$3.5m
|
$6.9m
|
($2.8m)
|
($92k)
|
$668k
|
($336k)
|
|
Provision for unfunded commitments
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$77k
|
($152k)
|
$18k
|
|
Provision for credit losses
|
|
—
|
—
|
—
|
—
|
$6.9m
|
($2.8m)
|
($15k)
|
$516k
|
($318k)
|
|
Net interest income after provision for credit losses
|
|
$48.8m
|
$57.0m
|
$61.0m
|
$62.7m
|
$97.2m
|
$122.4m
|
$101.5m
|
$117.6m
|
$130.8m
|
|
Gain on sale of residential mortgage loans
|
|
$3.0m
|
$5.7m
|
$9.1m
|
$2.5m
|
—
|
$2.0m
|
—
|
$1.9m
|
$4.0m
|
|
Mortgage servicing income, net
|
|
$8.2m
|
$12.0m
|
$9.3m
|
$1.3m
|
($564k)
|
($561k)
|
($193k)
|
$2.4m
|
$2.4m
|
|
Gain on sale of SBA loans
|
|
$6.3m
|
$4.6m
|
$5.4m
|
$6.5m
|
$11.0m
|
$2.1m
|
$3.3m
|
$2.9m
|
$2.3m
|
|
SBA servicing income, net
|
|
$4.5m
|
$3.1m
|
$3.7m
|
$6.1m
|
$5.9m
|
$1.8m
|
$4.8m
|
$4.2m
|
$3.6m
|
|
Other income
|
|
$817k
|
$770k
|
$778k
|
$920k
|
$1.4m
|
$2.1m
|
$2.7m
|
$2.6m
|
$3.3m
|
|
Salaries and employee benefits
|
|
$18.0m
|
$23.6m
|
$24.9m
|
$25.5m
|
$30.1m
|
$30.5m
|
$29.3m
|
$33.2m
|
$36.7m
|
|
Occupancy and equipment
|
|
$3.0m
|
$4.1m
|
$4.7m
|
$5.1m
|
$5.0m
|
$4.9m
|
$4.9m
|
$5.5m
|
$5.8m
|
|
Data processing
|
|
$801k
|
$842k
|
$1.0m
|
$1.1m
|
$1.1m
|
$1.1m
|
$1.2m
|
$1.3m
|
$1.5m
|
|
Advertising
|
|
$634k
|
$613k
|
$649k
|
$566k
|
$541k
|
$606k
|
$614k
|
$634k
|
$657k
|
|
Provision for income taxes
|
|
$18.2m
|
$14.7m
|
$16.1m
|
$12.4m
|
$20.9m
|
$28.6m
|
$20.4m
|
$22.8m
|
$24.2m
|
|
Total interest income
|
|
$60.5m
|
$72.9m
|
$83.2m
|
$77.6m
|
$108.7m
|
$147.2m
|
$192.8m
|
$212.9m
|
$220.8m
|
|
Total noninterest income
|
|
$32.4m
|
$37.6m
|
$39.9m
|
$27.2m
|
$33.8m
|
$19.2m
|
$18.2m
|
$23.1m
|
$25.2m
|
|
Income before provision for income taxes
|
|
$50.0m
|
$56.0m
|
$60.9m
|
$48.8m
|
$82.6m
|
$91.2m
|
$72.0m
|
$87.3m
|
$92.7m
|
|
Net income
|
|
$31.9m
|
$41.3m
|
$44.7m
|
$36.4m
|
$61.7m
|
$62.6m
|
$51.6m
|
$64.5m
|
$68.5m
|
|
Basic (in dollars per share)
|
|
$1.34
|
$1.71
|
$1.82
|
$1.42
|
$2.41
|
$2.46
|
$2.05
|
$2.55
|
$2.66
|
|
Diluted (in dollars per share)
|
|
$1.32
|
$1.69
|
$1.81
|
$1.41
|
$2.39
|
$2.44
|
$2.02
|
$2.52
|
$2.64
|
|
Merger-related expenses
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$4.7m
|
|
Other expenses
|
|
$8.8m
|
$9.5m
|
$8.7m
|
$8.9m
|
$11.6m
|
$13.3m
|
$11.7m
|
$12.7m
|
$13.9m
|
|
Total interest expense
|
|
$8.6m
|
$14.7m
|
$22.2m
|
$11.5m
|
$4.6m
|
$27.6m
|
$91.3m
|
$94.8m
|
$90.4m
|
|
Total noninterest expense
|
|
$31.2m
|
$38.6m
|
$40.0m
|
$41.1m
|
$48.4m
|
$50.4m
|
$47.7m
|
$53.4m
|
$63.3m
|