Investor Relations

As Reported Financial Statements

As Reported Financials

Source Document Currency Code (in thousands) 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 12/31/2018 USD 2018 Y 12/31/2018 USD
Source Document Currency Code 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 12/31/2018 USD 2018 Y 12/31/2018 USD

ASSETS

Cash and due from banks 31,291 37,150 52,565 39,161
Interest-bearing deposits with banks 169,604 163,249 97,017 133,205
Cash and cash equivalents 200,895 200,399 149,582 172,366
Securities available-for-sale 195,770 353,290 435,284 412,034
Securities held-to-maturity 224,056 NA NA NA
Equity securities NA NA 0 11,460
Loans held-for-sale 0 78,005 24,845 0
Loans receivable 3,099,007 3,475,832 4,171,456 4,541,092
Less - Allowance for loan losses 26,572 25,744 31,748 34,954
Net loans receivable 3,072,435 3,450,088 4,139,708 4,506,138
Investment in restricted stock, at cost 32,612 24,310 33,497 31,136
Bank premises and equipment, net 22,333 22,075 21,659 19,062
Accrued interest receivable 12,545 12,965 15,470 18,214
Bank owned life insurance 78,801 98,359 111,311 113,820
Other real estate owned 2,549 626 538 0
Goodwill 145,909 145,909 145,909 145,909
Core deposit intangibles 3,908 3,088 2,364 1,737
Other assets 24,096 37,234 28,275 30,216
Total assets 4,015,909 4,426,348 5,108,442 5,462,092

LIABILITIES

Deposits

Noninterest-bearing 650,775 694,977 776,843 768,584
Interest-bearing 2,140,191 2,649,294 3,018,285 3,323,508
Total deposits 2,790,966 3,344,271 3,795,128 4,092,092
Borrowings 671,587 476,280 670,077 600,001
Subordinated debentures 54,343 54,534 54,699 128,556
Accounts payable and accrued liabilities 21,669 20,231 23,101 27,516
Total liabilities 3,538,565 3,895,316 4,543,005 4,848,165

STOCKHOLDERS' EQUITY

Preferred Stock 11,250 0 0 0
Common stock, no par value 374,287 412,726 412,546 412,546
Additional paid-in capital 8,527 11,407 13,602 15,542
Retained earnings 104,606 126,462 160,025 211,345
Treasury stock (16,717) (16,717) (16,717) (16,717)
Accumulated other comprehensive loss (4,609) (2,846) (4,019) (8,789)
Total stockholders' equity 477,344 531,032 565,437 613,927
Total liabilities and stockholders' equity 4,015,909 4,426,348 5,108,442 5,462,092
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.