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Balance Sheet

Financial Highlights
2019 FY
12/31/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
2015 FY
12/31/2015
Assets ($000)
Cash and Due from Banks NA 62,873 62,236 58,373 68,652
Fed Funds Sold 7,500 0 0 6,952 9,815
Deposits at Financial Institutions NA 11,515 11,871 16,639 20,042
Securities Purchased, to Resell NA 0 0 0 0
Other Cash & Cash Equivalents 127,426 0 0 0 0
Cash and Cash Equivalents 134,926 74,388 74,107 81,964 98,510
Trading Account Securities 0 0 0 0 0
Available for Sale Securities 926,717 784,916 814,931 853,725 891,082
Held to Maturity Securities 0 0 0 0 0
Other Securities 7,894 10,390 10,379 10,359 10,838
Total Cash & Securities 1,069,537 869,694 899,417 946,048 1,000,430
Gross Loans Held for Investment NA 1,950,799 1,902,697 1,833,152 1,757,908
Loan Loss Reserve 19,943 20,436 19,909 18,773 19,946
Loans Held for Sale, before Reserves NA 3,189 4,065 6,028 5,900
Total Net Loans 2,636,447 1,933,552 1,886,852 1,820,407 1,743,862
Real Estate Owned and Held for Investment 3,625 603 1,880 2,531 3,466
Goodwill 78,592 34,355 34,355 34,355 39,489
Core Deposit Intangibles 10,643 1,197 1,630 2,109 2,716
Other Intangibles 0 0 0 0 462
Intangible Assets other than Goodwill 10,643 1,197 1,630 2,109 3,178
Total Intangible Assets 89,235 35,552 35,985 36,464 42,667
Loan Servicing Rights NA 1,431 1,434 1,549 1,746
Credit Card Rights 0 0 0 0 0
Other Loan Servicing Rights 0 0 0 0 0
Total Servicing Rights NA 1,431 1,434 1,549 1,746
Fixed Assets 62,576 46,554 48,272 49,240 50,531
Interest Receivable 18,523 13,970 12,913 12,311 11,733
Prepaid Expense NA 3,217 3,070 5,299 5,021
Bank-owned Life Insurance 94,251 86,186 85,016 83,737 82,323
Other Assets 49,056 17,959 25,829 30,941 37,806
Total Other Assets 224,406 167,886 175,100 181,528 187,414
Total Assets 4,023,250 3,008,718 3,000,668 2,988,527 2,979,585
Memo: Consolidated VIE Assets NA 0 0 0 0
Memo: Covered Loans NA 3,249 4,266 5,118 6,548
Memo: Covered OREO NA 0 36 183 96
Memo: Covered Securities 0 0 0 0 0
Memo: Covered Assets NA 3,249 4,302 5,301 6,644
Liabilities ($000)
Total Deposits 3,275,357 2,436,727 2,458,653 2,428,526 2,442,369
FHLB Borrowings NA 0 0 132 12,677
Senior Debt NA 69,656 57,686 81,121 46,508
Trust Preferred (FAS 150) NA 0 0 0 0
Total Subordinated Debt NA 0 0 0 0
Redeemable Financial Instruments (FAS 150) 0 0 0 0 0
Total Debt NA 69,656 57,686 81,121 46,508
Total Other Liabilities NA 59,634 70,760 64,485 80,392
Total Liabilities 3,465,642 2,566,017 2,587,099 2,574,132 2,569,269
Memo: Consolidated VIE Liabilities NA 0 0 0 0
Mezzanine ($000)
Redeemable Preferred 0 0 0 0 0
Trust Preferred Securities 0 0 0 0 0
Total Minority Interest 0 0 0 0 0
Other Mezzanine Items 0 0 0 0 0
Total Mezzanine Level Items 0 0 0 0 0
Equity ($000)
TARP Preferred Equity 0 0 0 0 0
Other Preferred Equity 0 0 0 0 0
Total Preferred Equity 0 0 0 0 0
Common Equity 557,608 442,701 413,569 414,395 410,316
Equity Attributable to Parent Company 557,608 442,701 413,569 414,395 410,316
Noncontrolling Interests 0 0 0 0 0
Total Equity 557,608 442,701 413,569 414,395 410,316
Net Unrealized Gain NA (6,105) 2,258 (1,077) 9,053
Tot Acc Other Comprehensive Inc (7,501) (23,454) (14,704) (14,164) (9,401)
Balance Sheet Analysis (%)
Gross Loans HFI/ Total Assets NA 64.84 63.41 61.34 59
Loans/ Deposits NA 80.06 77.39 75.48 71.98
Loan Loss Reserves/ Gross Loans 0.75 1.05 1.04 1.02 1.13
Reserves/ Loans Held For Investment NA 1.05 1.05 1.02 1.13
One Year Gap/ Assets NA NA NA NA NA
1-4 Loans Serviced for Others($000) NA 473,758 484,364 496,205 511,384
Level 1 Assets($000) NA 0 0 0 0
Level 2 Assets($000) NA 778,741 796,944 837,800 872,658
Level 3 Assets($000) NA 11,770 25,849 20,496 25,418
Level 1 Liabilities($000) NA 0 0 0 0
Level 2 Liabilities($000) NA 218 298 653 1,176
Level 3 Liabilities($000) NA 0 0 0 0
FTE Employees(actual) NA 816 847 846 896
Annualized Growth Rates (%)
Asset Growth 33.72 0.27 0.41 0.30 (0.76)
Gross Loans HFI Growth NA 2.53 3.79 4.28 (1.15)
Deposit Growth 34.42 (0.89) 1.24 (0.57) (0.60)
Average Balances ($000)
Avg Gross Loans HFI NA 1,923,380 1,853,175 1,794,413 1,767,867
Avg Loans HFS NA 3,662 4,688 2,960 2,053
Average Loans, Gross of Reserves 2,270,313 1,922,588 1,855,092 1,792,609 1,761,888
Avg Securities 924,513 862,475 911,973 940,490 964,309
Avg Other Int Earn Assets 3,029 3,693 12,663 15,066 18,272
Avg Secs & Other Int Earn Assets 927,542 866,168 924,636 955,556 982,581
Avg Interest Earning Assets 3,197,855 2,788,756 2,779,728 2,748,165 2,744,469
Avg Assets 3,439,793 2,976,517 2,984,547 2,963,380 2,976,931
Avg CDs NA 317,739 356,281 393,180 437,961
Avg Other Interest-bearing Deposits NA 1,706,846 1,647,622 1,482,046 1,463,662
Avg Interest-bearing Deposits 2,504,885 2,024,585 2,003,903 1,875,226 1,901,623
Avg Debt 85,704 47,046 47,007 46,556 47,107
Avg Interest-bearing Liabs 2,590,589 2,071,631 2,050,910 1,921,782 1,948,730
Avg Noninterest-bearing Deposits 292,445 425,639 438,234 550,977 544,708
Avg Total Deposits 2,797,330 2,450,224 2,442,137 2,426,203 2,446,331
Avg Preferred Equity 0 0 0 0 0
Avg Common Equity 497,329 424,274 435,266 415,032 404,845
Avg Equity 497,329 424,274 435,266 415,032 404,845
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.
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