|
Loans, including fees: Taxable
|
|
$135.9m
|
$194.7m
|
$218.4m
|
$217.5m
|
$213.9m
|
$274.6m
|
$365.5m
|
$365.9m
|
$310.2m
|
|
Loans, including fees: Tax exempt
|
|
$1.3m
|
$3.3m
|
$3.6m
|
$3.1m
|
$2.5m
|
$2.1m
|
$1.8m
|
$1.5m
|
$1.7m
|
|
Loans held for sale
|
|
$2.3m
|
$1.7m
|
$1.4m
|
$1.9m
|
$1.1m
|
$404k
|
$260k
|
$392k
|
$5.2m
|
|
Taxable
|
|
$6.8m
|
$13.9m
|
$14.7m
|
$14.8m
|
$13.9m
|
$15.8m
|
$28.7m
|
$49.8m
|
$63.2m
|
|
Tax exempt
|
|
$3.7m
|
$4.6m
|
$4.1m
|
$3.5m
|
$3.3m
|
$2.7m
|
$1.3m
|
$1.5m
|
$1.8m
|
|
Nonmarketable equity securities
|
|
$1.2m
|
$2.0m
|
$2.4m
|
$2.6m
|
$2.3m
|
$2.2m
|
$2.8m
|
$3.1m
|
$2.7m
|
|
Federal funds sold and cash investments
|
|
$2.0m
|
$3.2m
|
$5.0m
|
$1.5m
|
$728k
|
$3.9m
|
$3.9m
|
$4.0m
|
$3.1m
|
|
Deposits
|
|
$12.1m
|
$22.1m
|
$34.2m
|
$21.5m
|
$11.0m
|
$36.1m
|
$136.9m
|
$160.7m
|
$124.3m
|
|
Short-term borrowings
|
|
$379k
|
$698k
|
$835k
|
$178k
|
$86k
|
$104k
|
$68k
|
$2.0m
|
$2.8m
|
|
Federal Home Loan Bank advances
|
|
$4.6m
|
$11.3m
|
$13.9m
|
$12.0m
|
$8.4m
|
$9.3m
|
$20.7m
|
$16.5m
|
$14.6m
|
|
Subordinated debt
|
|
$4.1m
|
$6.1m
|
$7.4m
|
$9.7m
|
$8.7m
|
$7.5m
|
$5.3m
|
$5.3m
|
$4.6m
|
|
Trust preferred debentures
|
|
$2.3m
|
$3.1m
|
$3.3m
|
$2.3m
|
$2.0m
|
$3.0m
|
$5.3m
|
$5.4m
|
$4.8m
|
|
Net interest income
|
|
$129.7m
|
$180.1m
|
$189.8m
|
$199.1m
|
$207.7m
|
$245.7m
|
$236.0m
|
$236.3m
|
$236.8m
|
|
Provision for credit losses on loans
|
|
—
|
$9.4m
|
$17.0m
|
$43.1m
|
$4.0m
|
$18.8m
|
$21.1m
|
$119.3m
|
$60.5m
|
|
(Recapture of) provision for credit losses on unfunded commitments
|
|
—
|
$0
|
$0
|
$366k
|
($145k)
|
($221k)
|
$0
|
$0
|
($700k)
|
|
Net interest income after provision for credit losses
|
|
$120.1m
|
$170.7m
|
$172.8m
|
$154.8m
|
$204.3m
|
$225.6m
|
$214.9m
|
$116.0m
|
$177.0m
|
|
Wealth management revenue
|
|
$13.3m
|
$20.5m
|
$21.8m
|
$22.8m
|
$26.8m
|
$25.7m
|
$25.6m
|
$28.7m
|
$31.0m
|
|
Service charges on deposit accounts
|
|
$6.0m
|
$10.4m
|
$11.0m
|
$8.6m
|
$8.3m
|
$9.5m
|
$12.0m
|
$13.2m
|
$13.8m
|
|
Interchange revenue
|
|
$5.4m
|
$10.7m
|
$12.0m
|
$12.3m
|
$14.5m
|
$13.9m
|
$14.3m
|
$14.0m
|
$13.5m
|
|
Residential mortgage banking revenue
|
|
$9.1m
|
$5.7m
|
$2.9m
|
$9.8m
|
$5.5m
|
$1.5m
|
$1.9m
|
$2.4m
|
$2.9m
|
|
Income on company-owned life insurance
|
|
—
|
$4.3m
|
$3.6m
|
$3.6m
|
$4.5m
|
$3.6m
|
$4.4m
|
$7.7m
|
$8.6m
|
|
Gain (loss) on sales of investment securities, net
|
|
$222k
|
$464k
|
$674k
|
$1.7m
|
$537k
|
($230k)
|
($9.4m)
|
($230k)
|
$14k
|
|
Credit enhancement income
|
|
—
|
—
|
—
|
—
|
—
|
$70.0m
|
$48.2m
|
$61.0m
|
$9.9m
|
|
Other income
|
|
$7.5m
|
$12.4m
|
$13.5m
|
$8.8m
|
$15.8m
|
$8.0m
|
$17.8m
|
$12.1m
|
$8.5m
|
|
Salaries and employee benefits
|
|
$78.7m
|
$97.4m
|
$91.9m
|
$85.6m
|
$86.9m
|
$90.3m
|
$93.4m
|
$93.6m
|
$104.4m
|
|
Occupancy and equipment
|
|
$14.7m
|
$18.9m
|
$18.8m
|
$17.6m
|
$14.9m
|
$14.8m
|
$16.0m
|
$16.8m
|
$17.2m
|
|
Data processing
|
|
$15.2m
|
$26.1m
|
$21.6m
|
$22.6m
|
$24.6m
|
$24.4m
|
$26.3m
|
$28.2m
|
$28.0m
|
|
FDIC insurance
|
|
$1.8m
|
$2.2m
|
$776k
|
—
|
$3.3m
|
$3.3m
|
$4.8m
|
$5.3m
|
$8.1m
|
|
Professional services
|
|
$14.4m
|
$12.8m
|
$8.8m
|
$7.2m
|
$11.0m
|
$6.9m
|
$7.0m
|
$7.8m
|
$9.9m
|
|
Marketing
|
|
$3.3m
|
$4.8m
|
$3.9m
|
$3.5m
|
$3.2m
|
$3.3m
|
$3.2m
|
$3.9m
|
$5.9m
|
|
Communications
|
|
$2.5m
|
$4.4m
|
$3.0m
|
$4.1m
|
$3.0m
|
$2.4m
|
$1.7m
|
$1.4m
|
$1.4m
|
|
Loan servicing fees
|
|
—
|
—
|
—
|
—
|
—
|
$22.8m
|
$19.2m
|
$12.9m
|
$4.6m
|
|
Impairment on goodwill
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$0
|
$0
|
$154.0m
|
|
Amortization of intangible assets
|
|
$3.3m
|
$7.0m
|
$7.1m
|
$6.5m
|
$5.9m
|
$5.4m
|
$4.8m
|
$4.0m
|
$3.2m
|
|
Other real estate owned
|
|
$800k
|
$524k
|
$467k
|
$2.2m
|
$1.3m
|
$5.2m
|
$333k
|
$5.6m
|
$281k
|
|
Loss on sale of loan portfolios
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$0
|
$0
|
$23.1m
|
|
Impairment on leased assets and surrendered assets
|
|
—
|
—
|
—
|
—
|
—
|
$0
|
$0
|
$7.9m
|
$684k
|
|
Income (loss) before income taxes
|
|
$26.5m
|
$50.8m
|
$72.5m
|
$32.0m
|
$99.1m
|
$129.8m
|
$107.6m
|
$46.9m
|
($114.9m)
|
|
Preferred dividends
|
|
$83k
|
$141k
|
$46k
|
$0
|
$0
|
$3.2m
|
$8.9m
|
$8.9m
|
$8.9m
|
|
Total interest income
|
|
$153.1m
|
$223.4m
|
$249.5m
|
$244.9m
|
$237.8m
|
$301.8m
|
$404.3m
|
$426.1m
|
$387.9m
|
|
Total provision for credit losses
|
|
—
|
$9.4m
|
$17.0m
|
$44.4m
|
$3.4m
|
$20.1m
|
$21.1m
|
$120.3m
|
$59.8m
|
|
Total noninterest income
|
|
$59.4m
|
$71.8m
|
$75.3m
|
$61.2m
|
$69.9m
|
$79.9m
|
$66.6m
|
$138.7m
|
$88.2m
|
|
Net income (loss)
|
|
$16.1m
|
$39.4m
|
$55.8m
|
$22.5m
|
$81.3m
|
$99.0m
|
$75.5m
|
$38.0m
|
($124.3m)
|
|
Net income (loss) available to common shareholders
|
|
$16.0m
|
$39.3m
|
$55.7m
|
$22.5m
|
$81.3m
|
$95.9m
|
$66.5m
|
$29.1m
|
($133.2m)
|
|
Basic earnings (loss) per common share (in dollars per share)
|
|
$0.89
|
$1.69
|
$2.28
|
$0.95
|
$3.58
|
$4.24
|
$2.97
|
$1.32
|
($6.12)
|
|
Diluted earnings (loss) per common share (in dollars per share)
|
|
$0.87
|
$1.66
|
$2.26
|
$0.95
|
$3.57
|
$4.23
|
$2.97
|
$1.32
|
($6.12)
|
|
Weighted average common shares outstanding (in shares)
|
|
17.8m
|
23.1m
|
24.3m
|
23.3m
|
22.5m
|
22.3m
|
22.1m
|
21.7m
|
21.8m
|
|
Weighted average diluted common shares outstanding (in shares)
|
|
18.3m
|
23.5m
|
24.5m
|
23.3m
|
22.5m
|
22.4m
|
22.1m
|
21.7m
|
21.8m
|
|
Loan expense
|
|
$2.0m
|
$2.0m
|
$2.2m
|
$2.5m
|
$2.0m
|
$4.6m
|
$4.2m
|
$6.0m
|
$7.0m
|
|
Other expense
|
|
$12.4m
|
$15.1m
|
$17.6m
|
$17.6m
|
$17.1m
|
$15.1m
|
$12.2m
|
$14.6m
|
$12.4m
|
|
Income tax expense
|
|
$10.4m
|
$11.4m
|
$16.7m
|
$9.5m
|
$17.8m
|
$30.8m
|
$32.1m
|
$8.9m
|
$9.4m
|
|
Total interest expense
|
|
$23.5m
|
$43.3m
|
$59.7m
|
$45.8m
|
$30.1m
|
$56.0m
|
$168.3m
|
$189.8m
|
$151.1m
|
|
Total noninterest expense
|
|
$153.0m
|
$191.6m
|
$175.6m
|
$184.0m
|
$175.1m
|
$175.7m
|
$173.9m
|
$207.9m
|
$380.0m
|