|
Loans, including fees
|
|
$61.5m
|
$76.8m
|
$85.7m
|
$76.5m
|
$79.2m
|
$95.1m
|
$136.0m
|
$164.3m
|
$180.3m
|
|
Tax-exempt investment securities
|
|
$186k
|
$159k
|
$154k
|
$150k
|
$146k
|
$140k
|
$126k
|
$102k
|
$87k
|
|
Taxable investment securities
|
|
$2.4m
|
$3.6m
|
$3.8m
|
$2.0m
|
$1.5m
|
$2.8m
|
$4.6m
|
$5.2m
|
$5.8m
|
|
Other interest-earning assets
|
|
$1.1m
|
$3.1m
|
$3.3m
|
$1.1m
|
$704k
|
$3.8m
|
$10.5m
|
$11.2m
|
$11.3m
|
|
Deposits
|
|
$9.7m
|
$17.3m
|
$23.4m
|
$13.0m
|
$4.0m
|
$12.0m
|
$62.2m
|
$90.5m
|
$92.3m
|
|
Other borrowings
|
|
$348k
|
$611k
|
$472k
|
$614k
|
$292k
|
$135k
|
$508k
|
$1.7m
|
$1.4m
|
|
Net interest income
|
|
$55.2m
|
$65.7m
|
$69.0m
|
$66.2m
|
$77.1m
|
$89.6m
|
$88.5m
|
$88.6m
|
$103.9m
|
|
Provision (reversal) for credit losses
|
|
—
|
—
|
—
|
—
|
($4.6m)
|
$3.6m
|
($132k)
|
$3.4m
|
$4.0m
|
|
Net interest income after provision (reversal) for credit losses
|
|
$53.3m
|
$64.5m
|
$64.8m
|
$53.0m
|
$81.7m
|
$86.0m
|
$88.6m
|
$85.2m
|
$99.8m
|
|
Service charges and fees on deposits
|
|
$2.2m
|
$2.4m
|
$2.6m
|
$2.2m
|
$2.4m
|
$2.6m
|
$2.6m
|
$1.5m
|
$1.5m
|
|
Loan servicing income
|
|
$2.4m
|
$2.2m
|
$2.3m
|
$2.7m
|
$2.8m
|
$3.0m
|
$3.3m
|
$3.4m
|
$2.9m
|
|
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
|
|
Other income
|
|
$1.1m
|
$1.2m
|
$1.2m
|
$1.2m
|
$1.4m
|
$1.5m
|
$1.6m
|
$1.5m
|
$1.7m
|
|
Salaries and employee benefits
|
|
$22.8m
|
$24.5m
|
$26.1m
|
$26.1m
|
$28.0m
|
$33.1m
|
$34.6m
|
$35.7m
|
$36.6m
|
|
Occupancy and equipment
|
|
$4.4m
|
$5.0m
|
$5.5m
|
$5.6m
|
$5.6m
|
$6.5m
|
$7.9m
|
$9.1m
|
$9.2m
|
|
Professional fees
|
|
$1.8m
|
$2.2m
|
$2.7m
|
$2.3m
|
$2.2m
|
$2.2m
|
$3.1m
|
$3.4m
|
$2.8m
|
|
Marketing and business promotion
|
|
$1.6m
|
$2.0m
|
$1.6m
|
$1.4m
|
$1.7m
|
$2.1m
|
$2.3m
|
$1.9m
|
$2.1m
|
|
Data processing
|
|
$1.1m
|
$1.2m
|
$1.4m
|
$1.5m
|
$1.6m
|
$1.7m
|
$1.6m
|
$1.5m
|
$1.3m
|
|
Regulatory assessments
|
|
$423k
|
$544k
|
$551k
|
$978k
|
$537k
|
$597k
|
$1.1m
|
$1.3m
|
$1.5m
|
|
Preferred stock dividends
|
|
—
|
—
|
—
|
—
|
—
|
$0
|
$0
|
$834k
|
$300k
|
|
Total interest income
|
|
$65.3m
|
$83.7m
|
$92.9m
|
$79.8m
|
$81.5m
|
$101.8m
|
$151.2m
|
$180.8m
|
$197.5m
|
|
Total noninterest income
|
|
$13.9m
|
$10.5m
|
$11.9m
|
$11.7m
|
$18.4m
|
$14.5m
|
$10.7m
|
$11.1m
|
$11.8m
|
|
Income before income taxes
|
|
$31.3m
|
$34.7m
|
$34.4m
|
$23.0m
|
$57.0m
|
$49.4m
|
$43.3m
|
$36.3m
|
$52.5m
|
|
Net income
|
|
$16.4m
|
$24.3m
|
$24.1m
|
$16.2m
|
$40.1m
|
$35.0m
|
$30.7m
|
$25.8m
|
$37.5m
|
|
Net income available to common shareholders
|
|
$16.4m
|
$24.3m
|
$24.1m
|
$16.2m
|
$40.1m
|
$35.0m
|
$30.7m
|
$25.0m
|
$37.2m
|
|
Earnings per common share, basic (in dollars per share)
|
|
$1.22
|
$1.69
|
$1.52
|
$1.05
|
$2.66
|
$2.35
|
$2.14
|
$1.75
|
$2.59
|
|
Earnings per common share, diluted (in dollars per share)
|
|
$1.21
|
$1.65
|
$1.49
|
$1.04
|
$2.62
|
$2.31
|
$2.12
|
$1.74
|
$2.58
|
|
Weighted-average common shares outstanding, basic (in shares)
|
|
13.4m
|
14.4m
|
15.9m
|
15.4m
|
15.0m
|
14.8m
|
14.3m
|
14.2m
|
14.2m
|
|
Weighted-average common shares outstanding, diluted (in shares)
|
|
13.5m
|
14.7m
|
16.2m
|
15.4m
|
15.3m
|
15.1m
|
14.4m
|
14.3m
|
14.3m
|
|
Director fees and expenses
|
|
$757k
|
$942k
|
$751k
|
$599k
|
$594k
|
$706k
|
$756k
|
$906k
|
$898k
|
|
Other expenses
|
|
$2.9m
|
$3.9m
|
$3.7m
|
$3.3m
|
$3.1m
|
$4.2m
|
$4.7m
|
$6.3m
|
$4.8m
|
|
Income tax expense
|
|
$14.9m
|
$10.4m
|
$10.2m
|
$6.8m
|
$16.9m
|
$14.4m
|
$12.6m
|
$10.5m
|
$15.0m
|
|
Total interest expense
|
|
$10.1m
|
$18.0m
|
$23.9m
|
$13.6m
|
$4.3m
|
$12.1m
|
$62.7m
|
$92.2m
|
$93.7m
|
|
Total noninterest expense
|
|
$35.9m
|
$40.2m
|
$42.3m
|
$41.7m
|
$43.2m
|
$51.1m
|
$56.1m
|
$60.0m
|
$59.2m
|