|
Net income
|
|
$16.4m
|
$24.3m
|
$24.1m
|
$16.2m
|
$40.1m
|
$35.0m
|
$30.7m
|
$25.8m
|
$37.5m
|
|
Depreciation of premises and equipment
|
|
$1.1m
|
$1.3m
|
$1.5m
|
$1.5m
|
$1.4m
|
$1.6m
|
$2.2m
|
$2.3m
|
$2.2m
|
|
Net amortization of premiums on securities
|
|
$818k
|
$790k
|
$883k
|
$938k
|
$1.0m
|
$367k
|
$209k
|
$159k
|
$146k
|
|
Amortization of servicing assets
|
|
$2.2m
|
$2.8m
|
$2.4m
|
$1.9m
|
$2.0m
|
$2.1m
|
$1.9m
|
$1.8m
|
$2.1m
|
|
Deferred tax expense (benefit)
|
|
$1.7m
|
$641k
|
($2.6m)
|
($3.7m)
|
($2.0m)
|
$12.2m
|
$4.1m
|
($8.0m)
|
($3.8m)
|
|
Share-based compensation
|
|
$699k
|
$648k
|
$709k
|
$715k
|
$453k
|
$539k
|
$488k
|
$504k
|
$973k
|
|
Net accretion of discounts on loans
|
|
($3.5m)
|
($4.4m)
|
($4.0m)
|
($3.3m)
|
($3.5m)
|
($3.6m)
|
($2.2m)
|
($2.8m)
|
($2.8m)
|
|
Net accretion of deferred loan fees
|
|
($559k)
|
($515k)
|
($452k)
|
($2.9m)
|
($6.1m)
|
($2.2m)
|
($1.1m)
|
($1.2m)
|
($1.4m)
|
|
Provision (reversal) for credit losses
|
|
—
|
—
|
—
|
—
|
($4.6m)
|
$3.6m
|
($132k)
|
$3.4m
|
$4.0m
|
|
Bank-owned life insurance income
|
|
—
|
—
|
$0
|
$0
|
($108k)
|
($706k)
|
($753k)
|
($949k)
|
($1.0m)
|
|
Gain on sale of loans
|
|
($9.0m)
|
($5.6m)
|
($6.0m)
|
($6.5m)
|
($12.9m)
|
($8.0m)
|
($3.6m)
|
($3.8m)
|
($4.6m)
|
|
Originations of loans held-for-sale
|
|
($143.1m)
|
($99.9m)
|
($105.2m)
|
($141.2m)
|
($172.2m)
|
($105.6m)
|
($69.0m)
|
($74.0m)
|
($92.2m)
|
|
Proceeds from sales of and principal collected on loans held-for-sale
|
|
$152.0m
|
$106.3m
|
$116.5m
|
$149.4m
|
$150.2m
|
$132.9m
|
$87.4m
|
$77.9m
|
$90.9m
|
|
Change in accrued interest receivable and other assets
|
|
($243k)
|
($1.4m)
|
$801k
|
($2.3m)
|
$2.7m
|
($12.7m)
|
($934k)
|
($3.7m)
|
$2.2m
|
|
Change in accrued interest payable and other liabilities
|
|
$800k
|
$4.5m
|
($2.1m)
|
($6.8m)
|
$1.9m
|
$1.7m
|
$14.1m
|
$21.6m
|
($7.6m)
|
|
Purchase of securities available-for-sale
|
|
($66.9m)
|
($42.0m)
|
($12.0m)
|
($39.4m)
|
($47.3m)
|
($57.4m)
|
($17.3m)
|
($23.5m)
|
($31.7m)
|
|
Proceeds from maturities, calls, and paydowns of securities available-for-sale
|
|
$18.6m
|
$23.4m
|
$30.1m
|
$37.2m
|
$41.1m
|
$23.2m
|
$17.9m
|
$19.8m
|
$24.2m
|
|
Net increase in loans held-for-investment
|
|
($161.7m)
|
($155.1m)
|
($113.1m)
|
($134.6m)
|
($149.2m)
|
($317.1m)
|
($261.4m)
|
($305.3m)
|
($189.6m)
|
|
Purchase of Federal Home Loan Bank and other restricted stock
|
|
($903k)
|
($844k)
|
($912k)
|
($102k)
|
($130k)
|
($1.6m)
|
($2.5m)
|
($1.3m)
|
($936k)
|
|
Proceeds from sale of other real estate owned
|
|
$291k
|
$102k
|
$321k
|
$3.9m
|
$3.4m
|
$1.2m
|
$0
|
$3.0m
|
$0
|
|
Purchases of premises and equipment
|
|
($1.3m)
|
($1.1m)
|
($710k)
|
($1.8m)
|
($430k)
|
($5.5m)
|
($1.3m)
|
($4.1m)
|
($2.2m)
|
|
Investment in private equity
|
|
—
|
—
|
—
|
—
|
—
|
$0
|
$0
|
$1.0m
|
$0
|
|
Net increase in deposits
|
|
$159.5m
|
$192.5m
|
$35.6m
|
$115.5m
|
$272.3m
|
$178.8m
|
$305.6m
|
$264.2m
|
$179.6m
|
|
Net change in short-term Federal Home Loan Bank advances and other borrowings
|
|
—
|
—
|
—
|
—
|
$0
|
$20.0m
|
($20.0m)
|
$15.0m
|
$19.0m
|
|
Proceeds from long-term Federal Home Loan Bank advances
|
|
$40.0m
|
$0
|
$0
|
$140.0m
|
$0
|
$0
|
$39.0m
|
$50.0m
|
$0
|
|
Repayment of long-term Federal Home Loan Bank advances
|
|
$0
|
($10.0m)
|
($10.0m)
|
($80.0m)
|
($70.0m)
|
($10.0m)
|
$0
|
($89.0m)
|
$0
|
|
Stock options exercised
|
|
$134k
|
$310k
|
$626k
|
$693k
|
$1.3m
|
$840k
|
$1.4m
|
$353k
|
$2.3m
|
|
Restricted stock surrendered due to employee tax liability
|
|
—
|
—
|
$0
|
($2k)
|
($4k)
|
($8k)
|
($2k)
|
($3k)
|
($81k)
|
|
Stock repurchase excise tax
|
|
—
|
—
|
—
|
—
|
—
|
$0
|
$0
|
($62k)
|
($8k)
|
|
Loans transferred to loans held-for-sale
|
|
$0
|
$8.1m
|
$824k
|
$1.4m
|
$8.8m
|
$4.5m
|
$0
|
$676k
|
$0
|
|
Loans transferred to other real estate owned
|
|
$0
|
$0
|
$50k
|
$3.1m
|
$905k
|
$151k
|
$593k
|
$94k
|
$0
|
|
Right-of-use assets obtained in exchange for lease obligations
|
|
$0
|
$0
|
$1.6m
|
$950k
|
$1.5m
|
$2.1m
|
$15.3m
|
$973k
|
$3.0m
|
|
Net cash provided by operating activities
|
|
$21.2m
|
$30.7m
|
$30.1m
|
$17.1m
|
($1.6m)
|
$57.3m
|
$63.3m
|
$39.0m
|
$26.6m
|
|
Purchase of loans held-for-investment
|
|
$0
|
$0
|
($1.5m)
|
$0
|
($2.1m)
|
$0
|
($15.7m)
|
$0
|
$0
|
|
Proceeds from sales of and principal collected on loans held-for-sale previously classified as held-for-investment
|
|
$0
|
$8.3m
|
$826k
|
$664k
|
$8.8m
|
$458k
|
$5.1m
|
$676k
|
$0
|
|
Net cash used in investing activities
|
|
($215.5m)
|
($168.1m)
|
($61.9m)
|
($132.8m)
|
($175.2m)
|
($356.7m)
|
($275.3m)
|
($311.7m)
|
($200.1m)
|
|
Repurchase of common stock
|
|
$0
|
$0
|
($6.5m)
|
($6.5m)
|
($10.9m)
|
($6.7m)
|
($8.8m)
|
($222k)
|
($7.1m)
|
|
Cash dividends paid on preferred stock
|
|
—
|
—
|
—
|
—
|
—
|
$0
|
$0
|
($772k)
|
($346k)
|
|
Cash dividends paid on common stock
|
|
($1.6m)
|
($1.8m)
|
($4.0m)
|
($6.2m)
|
($6.7m)
|
($8.9m)
|
($9.9m)
|
($10.3m)
|
($11.5m)
|
|
Net cash provided by financing activities
|
|
$198.0m
|
$226.1m
|
$15.7m
|
$163.6m
|
$186.0m
|
$243.1m
|
$307.2m
|
$229.2m
|
$181.9m
|
|
Net increase (decrease) in cash and cash equivalents
|
|
$3.7m
|
$88.6m
|
($16.0m)
|
$47.9m
|
$9.2m
|
($56.3m)
|
$95.3m
|
($43.5m)
|
$8.3m
|
|
Cash and cash equivalents at beginning of year
|
|
$73.7m
|
$162.3m
|
$146.2m
|
$194.1m
|
$203.3m
|
$147.0m
|
$242.3m
|
$198.8m
|
$207.1m
|
|
Interest paid
|
|
$9.5m
|
$14.0m
|
$24.1m
|
$17.4m
|
$5.8m
|
$9.7m
|
$47.8m
|
$85.8m
|
$92.8m
|
|
Income taxes paid
|
|
$12.1m
|
$7.6m
|
$13.4m
|
$10.1m
|
$15.0m
|
$14.0m
|
$4.3m
|
$6.4m
|
$23.1m
|