Financial Highlights

Financial Highlights
3/31/2017
3/31/2018
6/30/2018
12/31/2018
Interest Income 10,533 15,255 15,864 64,494
Interest Expense 1,067 1,693 1,773 7,399
Net Interest Income 9,466 13,562 14,091 57,095
FTE Net Interest Income 9,795 13,713 14,239 NA
Provision for Loan Losses 0 250 320 1,620
Trading Account Income 0 0 0 0
Foreign Exchange Income 0 0 0 0
Trust Revenue 442 571 559 2,364
Service Charges on Deposits 570 816 810 3,350
Gain on Sale of Loans (FAS 140) 133 138 134 542
Loan Fees & Charges NA 1 NA NA
Bank-owned Life Insurance Revenue 255 257 281 1,068
Insurance Revenue 1,154 1,201 1,707 5,550
Investment Banking & Brokerage 0 65 79 NA
Other Noninterest Income 528 644 728 3,233
Total Noninterest Income 3,082 3,693 4,298 16,107
Realized Gain on Securities 0 (33) 19 (211)
Nonrecurring Revenue 0 52 0 52
Compensation & Benefits 5,748 6,627 6,683 26,734
Occupancy & Equipment 1,320 1,941 2,041 7,930
Marketing and Promotion Expense 64 103 165 565
Professional Fees 239 369 344 1,468
Tech & Communications Expense NA 543 260 NA
Amrt of Intang & Goodwill Impair 80 184 182 745
Foreclosure & Repo 30 48 84 129
Other Expense 1,357 1,171 1,492 7,132
Total Noninterest Expense 8,838 10,986 11,251 44,703
Nonrecurring Expense 162 0 0 0
Pre-Provision Net Revenue 4,039 6,420 7,286 28,499
Non-FTE Pre-Provision Net Revenue 3,710 6,269 7,138 28,499
Net Income before Taxes 3,548 6,038 6,837 26,720
Provision for Taxes 911 1,125 1,330 4,972
Effective Tax Rate(%) 25.68 18.63 19.45 18.61
Min Int & Oth after-tax Items 0 0 0 0
Extraordinary Items 0 0 0 0
Net Income 2,637 4,913 5,507 21,748
Net Income Attributable to Noncontrolling Int 0 0 0 0
Net Income Attributable to Parent 2,637 4,913 5,507 21,748
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 2,637 4,913 5,507 21,748
Net Income for Diluted EPS 2,637 4,913 5,507 21,748
EPS after Extra($) 0.43 0.70 0.78 3.09
EPS after Extra Growth(%) 2.40 62.80 73.30 106
Pre-Provision Earnings per Share($) 0.39 0.71 0.80 3.20
Comprehensive Income
Net Income 2,637 4,913 5,507 21,748
Preferred Dividend Adjustment to Comprehensive Inc 0 0 0 0
Total Other Comprehensive Income 267 (1,189) (320) (2,125)
Comprehensive Income 2,904 3,724 5,187 19,623
Interest Income Earned On:
Interest Earned on Loans NA NA NA 59,593
Int Inc: Securities NA NA NA 3,954
Int Inc: Other Earn Assets NA NA NA 947
Int Inc: Secs & Oth Earn Assets NA NA NA 4,901
Int Inc: Total Earn Assets 10,862 15,406 16,012 64,494
Interest Expense Incurred On:
Int Exp: CDs 502 954 1,008 4,289
Int Exp: Other Deposits 132 180 198 964
Int Exp: Total Deposits 635 1,134 1,206 5,253
Int Exp: Debt 432 559 567 2,146
Int Exp: Total Int-bearing Liab 1,067 1,693 1,773 7,399
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.