|
Loans
|
|
$48.2m
|
$47.9m
|
$70.0m
|
$127.5m
|
$153.9m
|
$149.6m
|
|
Interest-earning deposits
|
|
$360k
|
$115k
|
$1.3m
|
$4.1m
|
$5.2m
|
$3.4m
|
|
Securities
|
|
$415k
|
$391k
|
$750k
|
$859k
|
$909k
|
$1.1m
|
|
Deposits
|
|
$9.3m
|
$4.4m
|
$7.5m
|
$34.2m
|
$55.6m
|
$49.7m
|
|
Borrowings
|
|
$687k
|
$706k
|
$546k
|
$1.1m
|
$1.6m
|
$3.6m
|
|
Financing lease
|
|
$36k
|
$36k
|
$37k
|
$38k
|
$38k
|
$39k
|
|
Net Interest Income
|
|
$39.0m
|
$43.3m
|
$63.9m
|
$97.2m
|
$102.8m
|
$100.7m
|
|
(Reversal of) provision for credit loss
|
|
—
|
—
|
$439k
|
$972k
|
$740k
|
($99k)
|
|
Net Interest Income after Provision for Credit Loss
|
|
$38.2m
|
$39.7m
|
$63.4m
|
$96.2m
|
$102.1m
|
$100.8m
|
|
Other loan fees and service charges
|
|
$1.0m
|
$1.6m
|
$2.0m
|
$1.9m
|
$2.1m
|
$2.7m
|
|
(Loss) gain on disposition of equipment
|
|
($61k)
|
$7k
|
$98k
|
($18k)
|
$22k
|
($6k)
|
|
Earnings on bank owned life insurance
|
|
$609k
|
$600k
|
$604k
|
$1.0m
|
$656k
|
$695k
|
|
Unrealized gain (loss) on equity securities
|
|
$288k
|
($389k)
|
—
|
—
|
($109k)
|
$576k
|
|
Other
|
|
$6.1m
|
$6.5m
|
$8.3m
|
$9.8m
|
$10.6m
|
$11.3m
|
|
Salaries and employee benefits
|
|
$13.8m
|
$15.0m
|
$15.5m
|
$18.8m
|
$20.9m
|
$23.2m
|
|
Equipment
|
|
$917k
|
$993k
|
$1.1m
|
$1.1m
|
$890k
|
$868k
|
|
Outside data processing
|
|
$1.8m
|
$1.7m
|
$1.9m
|
$2.2m
|
$2.6m
|
$3.1m
|
|
Advertising
|
|
$168k
|
$139k
|
$299k
|
$521k
|
$418k
|
$426k
|
|
PROVISION FOR INCOME TAXES
|
|
$3.3m
|
$3.7m
|
$9.6m
|
$18.5m
|
$18.7m
|
$17.8m
|
|
Total Interest Income
|
|
$49.0m
|
$48.4m
|
$72.0m
|
$132.5m
|
$160.0m
|
$154.1m
|
|
Total Non-Interest Income
|
|
$2.5m
|
$2.4m
|
$1.7m
|
$3.7m
|
$2.8m
|
$4.1m
|
|
INCOME BEFORE PROVISION FOR INCOME TAXES
|
|
$15.6m
|
$15.6m
|
$34.4m
|
$64.7m
|
$65.8m
|
$62.3m
|
|
NET INCOME
|
|
$12.3m
|
$11.9m
|
$24.8m
|
$46.3m
|
$47.1m
|
$44.4m
|
|
EARNINGS PER COMMON SHARE - BASIC (in $ per share)
|
|
$0.76
|
$0.75
|
$1.61
|
$3.32
|
$3.58
|
$3.35
|
|
EARNINGS PER COMMON SHARE - DILUTED (in $ per share)
|
|
$0.76
|
$0.75
|
$1.58
|
$3.32
|
$3.52
|
$3.25
|
|
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC (in shares)
|
|
16.1m
|
15.9m
|
15.4m
|
13.9m
|
13.1m
|
13.3m
|
|
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - DILUTED (in shares)
|
|
16.1m
|
15.9m
|
15.7m
|
13.9m
|
13.4m
|
13.7m
|
|
Occupancy expense
|
|
$1.9m
|
$2.1m
|
$2.4m
|
$2.6m
|
$2.8m
|
$3.0m
|
|
Real estate owned expense
|
|
$313k
|
$93k
|
$623k
|
$93k
|
$731k
|
$845k
|
|
Total Interest Expense
|
|
$10.0m
|
$5.1m
|
$8.1m
|
$35.3m
|
$57.2m
|
$53.4m
|
|
Total Non-Interest Expenses
|
|
$25.1m
|
$26.5m
|
$30.7m
|
$35.2m
|
$39.1m
|
$42.7m
|