Income Statement

Financial Highlights
12/31/2015
12/31/2016
3/31/2017
12/31/2017
NA NA NA NA
Interest Income 45,436 54,227 16,187 70,849
Interest Expense 5,381 6,863 1,968 8,784
Net Interest Income 40,055 47,364 14,219 62,065
FTE Net Interest Income 40,661 48,260 14,463 62,946
Provision for Loan Losses 500 1,557 0 900
Trading Account Income 0 0 0 0
Foreign Exchange Income 0 0 0 0
Trust Revenue 0 0 0 0
Service Charges on Deposits 1,720 2,658 846 3,904
Gain on Sale of Loans (FAS 140) 3,139 9,718 2,545 11,506
Loan Fees & Charges 1,811 836 183 751
Bank-owned Life Insurance Revenue 0 0 0 0
Insurance Revenue 0 0 0 0
Investment Banking & Brokerage 0 0 0 0
Other Noninterest Income 618 1,451 764 4,082
Total Noninterest Income 7,288 14,663 4,338 20,243
Realized Gain on Securities 105 649 0 (146)
Nonrecurring Revenue 2,550 0 0 0
Compensation & Benefits 22,488 28,602 8,582 37,959
Occupancy & Equipment 8,009 9,627 2,890 11,774
Marketing and Promotion Expense 627 811 245 1,279
Professional Fees 2,183 2,039 680 2,877
Tech & Communications Expense 2,759 3,929 1,275 5,280
Amrt of Intang & Goodwill Impair 0 43 26 61
Foreclosure & Repo 4,239 2,182 346 4,092
Other Expense 6,786 9,060 2,760 11,954
Total Noninterest Expense 47,091 56,293 16,804 75,276
Nonrecurring Expense 0 0 0 0
Pre-Provision Net Revenue 858 6,630 1,997 7,913
Non-FTE Pre-Provision Net Revenue 252 5,734 1,753 7,032
Net Income before Taxes 2,407 4,826 1,753 5,986
Provision for Taxes (26) (119) (34) (2,919)
Effective Tax Rate(%) (1.08) (2.47) (1.94) (48.76)
Min Int & Oth after-tax Items 0 0 0 0
Extraordinary Items 0 0 0 0
Net Income 2,433 4,945 1,787 8,905
Net Income Attributable to Noncontrolling Int 0 0 0 0
Net Income Attributable to Parent 2,433 4,945 1,787 8,905
Preferred Dividends 0 0 0 0
Other Preferred Dividends after Net Income 0 0 0 0
Other Changes to Net Income 0 0 0 0
Net Income Avail to Common 2,433 4,945 1,787 8,905
Net Income for Diluted EPS 2,433 4,945 1,787 8,905
EPS after Extra($) 0.06 0.12 0.03 0.15
EPS after Extra Growth(%) (14.30) 100 0 25
Pre-Provision Earnings per Share($) 0 0.09 0.02 0.08
Comprehensive Income
Net Income 2,433 4,945 1,787 8,905
Preferred Dividend Adjustment to Comprehensive Inc 0 0 0 0
Total Other Comprehensive Income (2,533) (4,129) 650 (215)
Comprehensive Income (100) 816 2,437 8,690
Interest Income Earned On:
Interest Earned on Loans 38,072 42,304 11,338 50,687
Int Inc: Securities 7,692 12,346 5,032 20,466
Int Inc: Other Earn Assets 278 473 61 577
Int Inc: Secs & Oth Earn Assets 7,970 12,819 5,093 21,043
Int Inc: Total Earn Assets 46,042 55,123 16,431 71,730
Interest Expense Incurred On:
Int Exp: CDs 695 942 296 1,238
Int Exp: Other Deposits 3,571 4,727 1,306 6,180
Int Exp: Total Deposits 4,266 5,669 1,602 7,418
Int Exp: Debt 1,115 1,194 366 1,366
Int Exp: Total Int-bearing Liab 5,381 6,863 1,968 8,784
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.