|
Loans, including fees
|
|
$105.7m
|
$116.9m
|
$121.7m
|
$120.5m
|
$138.0m
|
$176.6m
|
$202.3m
|
$211.2m
|
|
Taxable
|
|
$5.6m
|
$8.9m
|
$12.3m
|
$9.4m
|
$15.0m
|
$21.6m
|
$21.1m
|
$18.6m
|
|
Non-taxable
|
|
$2.9m
|
$1.0m
|
$3.5m
|
$4.6m
|
$4.5m
|
$3.9m
|
$3.2m
|
$3.3m
|
|
Federal funds sold and interest-bearing deposits in banks
|
|
$3.9m
|
$6.1m
|
$685k
|
$412k
|
$3.7m
|
$10.0m
|
$14.3m
|
$18.8m
|
|
Deposits
|
|
$17.6m
|
$22.5m
|
$11.9m
|
$8.3m
|
$17.0m
|
$65.0m
|
$87.1m
|
$79.4m
|
|
Notes payable & other borrowings
|
|
$2.1m
|
$2.3m
|
$662k
|
$43k
|
$0
|
$5k
|
$0
|
$0
|
|
Subordinated debt
|
|
$1.0m
|
$1.6m
|
$2.2m
|
$4.1m
|
$4.0m
|
$4.0m
|
$3.3m
|
$2.7m
|
|
Junior subordinated deferrable interest debentures
|
|
$1.8m
|
$1.9m
|
$1.2m
|
$880k
|
$1.6m
|
$3.3m
|
$3.4m
|
$2.9m
|
|
Net interest income
|
|
$95.6m
|
$104.6m
|
$122.3m
|
$121.8m
|
$138.5m
|
$139.7m
|
$147.1m
|
$167.0m
|
|
Provision for credit losses
|
|
—
|
$2.8m
|
$25.6m
|
($1.9m)
|
($2.6m)
|
$4.6m
|
$4.3m
|
$5.2m
|
|
Net interest income, after provision for credit losses
|
|
$88.7m
|
$101.8m
|
$96.7m
|
$123.7m
|
$141.1m
|
$135.1m
|
$142.8m
|
$161.8m
|
|
Service charges on deposit accounts
|
|
$7.8m
|
$8.1m
|
$7.0m
|
$7.0m
|
$6.8m
|
$7.1m
|
$8.0m
|
$8.8m
|
|
Net gain on sales of loans
|
|
$19.7m
|
$23.5m
|
$63.5m
|
$51.2m
|
$20.8m
|
$11.0m
|
$10.5m
|
$9.6m
|
|
Bank card services and interchange fees
|
|
$8.8m
|
$8.7m
|
$10.0m
|
$12.2m
|
$12.9m
|
$13.3m
|
$13.6m
|
$13.9m
|
|
Other mortgage banking income
|
|
—
|
—
|
$1.5m
|
$8.5m
|
$10.6m
|
$2.8m
|
$3.7m
|
$1.1m
|
|
Investment commissions
|
|
$1.8m
|
$1.7m
|
$1.7m
|
$1.9m
|
$1.8m
|
$1.7m
|
$1.7m
|
$1.7m
|
|
Fiduciary fees
|
|
$1.4m
|
$2.3m
|
$3.2m
|
$2.9m
|
$2.4m
|
$2.4m
|
$2.7m
|
$2.9m
|
|
Gain on sale of subsidiary
|
|
—
|
—
|
—
|
$0
|
$0
|
$33.8m
|
$0
|
$0
|
|
Other
|
|
$14.0m
|
$14.6m
|
$17.8m
|
$17.9m
|
$17.5m
|
$16.1m
|
$15.7m
|
$17.5m
|
|
Salaries and employee benefits
|
|
$71.8m
|
$75.4m
|
$89.2m
|
$93.4m
|
$86.3m
|
$79.4m
|
$74.3m
|
$76.9m
|
|
Occupancy and equipment, net
|
|
$13.6m
|
$13.6m
|
$14.7m
|
$14.6m
|
$16.0m
|
$16.1m
|
$16.1m
|
$16.1m
|
|
Professional services
|
|
$6.7m
|
$7.3m
|
$6.3m
|
$6.8m
|
$9.7m
|
$6.4m
|
$6.6m
|
$7.3m
|
|
Marketing and development
|
|
$3.0m
|
$3.0m
|
$3.1m
|
$3.2m
|
$3.6m
|
$3.5m
|
$3.8m
|
$4.0m
|
|
IT and data services
|
|
$2.2m
|
$2.8m
|
$3.6m
|
$4.0m
|
$3.8m
|
$3.4m
|
$4.3m
|
$4.7m
|
|
Realized loss on sale of securities
|
|
($620k)
|
$28k
|
($2.3m)
|
$0
|
$0
|
$3.4m
|
$0
|
$0
|
|
Unrealized gains (losses) on securities available for sale
|
|
($1.8m)
|
$4.0m
|
$28.2m
|
($15.5m)
|
($114.4m)
|
$17.3m
|
($9.7m)
|
$21.7m
|
|
Less: Change in fair value on hedged state and municipal securities
|
|
—
|
—
|
($76k)
|
$5.8m
|
$14.6m
|
($3.7m)
|
($1.6m)
|
($5.4m)
|
|
Reclassification adjustment for loss on sale of securities
|
|
($620k)
|
$28k
|
($2.3m)
|
$0
|
$0
|
$3.4m
|
$0
|
$0
|
|
Tax effect
|
|
$596k
|
($852k)
|
($5.4m)
|
$2.0m
|
$20.9m
|
($3.6m)
|
$2.4m
|
($3.4m)
|
|
Other comprehensive income (loss)
|
|
($1.8m)
|
$3.2m
|
$20.4m
|
($7.6m)
|
($78.8m)
|
$13.4m
|
($8.9m)
|
$12.9m
|
|
Comprehensive income
|
|
$27.5m
|
$32.4m
|
$65.7m
|
$51.0m
|
($20.6m)
|
$76.2m
|
$40.8m
|
$71.4m
|
|
Total interest income
|
|
$118.1m
|
$132.9m
|
$138.2m
|
$135.0m
|
$161.2m
|
$212.0m
|
$240.9m
|
$252.0m
|
|
Total noninterest income
|
|
$52.1m
|
$56.6m
|
$101.6m
|
$97.5m
|
$76.1m
|
$79.2m
|
$48.1m
|
$44.9m
|
|
Income before income taxes
|
|
$25.4m
|
$36.7m
|
$56.6m
|
$73.1m
|
$73.2m
|
$79.4m
|
$63.3m
|
$74.1m
|
|
Net income
|
|
$29.3m
|
$29.2m
|
$45.4m
|
$58.6m
|
$58.2m
|
$62.7m
|
$49.7m
|
$58.5m
|
|
Basic (in Dollars per share)
|
|
$1.98
|
$1.74
|
$2.51
|
$3.26
|
$3.35
|
$3.73
|
$3.03
|
$3.59
|
|
Diluted (in Dollars per share)
|
|
$1.98
|
$1.71
|
$2.47
|
$3.17
|
$3.23
|
$3.62
|
$2.92
|
$3.44
|
|
Bank card expenses
|
|
$1.4m
|
$1.6m
|
$2.8m
|
$3.2m
|
$1.7m
|
$1.1m
|
$953k
|
$6.1m
|
|
Income tax expense
|
|
($3.9m)
|
$7.5m
|
$11.2m
|
$14.5m
|
$14.9m
|
$16.7m
|
$13.6m
|
$15.6m
|
|
Total interest expense
|
|
$22.5m
|
$28.4m
|
$15.9m
|
$13.3m
|
$22.7m
|
$72.3m
|
$93.8m
|
$85.0m
|
|
Total noninterest expense
|
|
$115.4m
|
$121.7m
|
$141.7m
|
$148.0m
|
$144.1m
|
$134.9m
|
$127.6m
|
$132.6m
|