Skip to Main Content Skip to Sitemap

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 46,254 55,962 58,693 53,003 38,769
Fed Funds Sold 0 0 0 0 0
Deposits at Financial Institutions 85,000 43,000 55,000 46,000 41,000
Securities Purchased, to Resell 0 0 0 0 0
Other Cash & Cash Equivalents 0 0 0 0 0
Cash and Cash Equivalents 131,254 98,962 113,693 99,003 79,769
Trading Account Securities 0 0 0 0 0
Available for Sale Securities 283,448 294,076 260,650 250,992 236,435
Held to Maturity Securities 0 526 648 184 243
Other Securities 12,998 15,300 17,075 14,881 14,884
Total Cash & Securities 427,700 408,864 392,066 365,060 331,330
Gross Loans Held for Investment 2,777,564 2,540,039 2,348,713 1,940,487 1,802,217
Loan Loss Reserve 31,243 28,331 26,683 25,884 25,382
Loans Held for Sale, before Reserves 18,008 6,613 10,435 9,607 5,523
Total Net Loans 2,764,329 2,518,321 2,332,465 1,924,210 1,782,358
Real Estate Owned and Held for Investment 100 1,205 1,532 455 1,321
Goodwill 100,069 98,569 98,569 61,798 61,798
Core Deposit Intangibles NA NA NA NA NA
Other Intangibles NA NA NA NA NA
Intangible Assets other than Goodwill 3,772 4,391 5,703 1,336 1,871
Total Intangible Assets 103,841 102,960 104,272 63,134 63,669
Loan Servicing Rights 10,267 10,119 9,808 9,595 9,248
Credit Card Rights 0 0 0 0 0
Other Loan Servicing Rights 0 0 0 0 0
Total Servicing Rights 10,267 10,119 9,808 9,595 9,248
Fixed Assets NA 40,670 40,217 36,958 38,166
Interest Receivable 10,244 9,641 8,706 6,760 6,171
Prepaid Expense 5,913 3,791 3,747 2,469 2,061
Bank-owned Life Insurance 75,544 67,660 66,230 52,817 51,908
Other Assets 71,054 18,491 34,360 16,139 11,443
Total Other Assets 162,755 140,253 153,260 115,143 109,749
Total Assets 3,468,992 3,181,722 2,993,403 2,477,597 2,297,676
Memo: Consolidated VIE Assets 0 0 0 0 0
Memo: Covered Loans 0 0 0 0 0
Memo: Covered OREO 0 0 0 0 0
Memo: Covered Securities 0 0 0 0 0
Memo: Covered Assets 0 0 0 0 0
Liabilities ($000)
Total Deposits 2,870,325 2,620,882 2,437,656 1,981,628 1,836,137
FHLB Borrowings 85,063 85,189 84,279 103,943 59,902
Senior Debt NA 90,930 110,298 135,759 117,090
Trust Preferred (FAS 150) 36,083 36,083 36,083 36,083 36,083
Total Subordinated Debt 36,083 36,083 36,083 36,083 36,083
Redeemable Financial Instruments (FAS 150) 0 0 0 0 0
Total Debt NA 127,013 146,381 171,842 153,173
Total Other Liabilities NA 34,238 36,080 31,109 28,169
Total Liabilities 3,042,825 2,782,133 2,620,117 2,184,579 2,017,479
Memo: Consolidated VIE Liabilities 0 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 426,167 399,589 373,286 293,018 280,197
Equity Attributable to Parent Company 426,167 399,589 373,286 293,018 280,197
Noncontrolling Interests 0 0 0 0 0
Total Equity 426,167 399,589 373,286 293,018 280,197
Net Unrealized Gain NA (2,057) 601 504 4,042
Tot Acc Other Comprehensive Inc 4,595 (2,148) 217 215 3,622
Balance Sheet Analysis (%)
Gross Loans HFI/ Total Assets 80.07 79.83 78.46 78.32 78.44
Loans/ Deposits 96.77 96.92 96.35 97.92 98.15
Loan Loss Reserves/ Gross Loans 1.12 1.11 1.13 1.33 1.40
Reserves/ Loans Held For Investment 1.12 1.12 1.14 1.33 1.41
One Year Gap/ Assets NA NA NA NA NA
1-4 Loans Serviced for Others($000) NA 1,411,833 1,386,068 1,372,018 1,343,722
Level 1 Assets($000) NA 0 1 2 1
Level 2 Assets($000) NA 295,072 261,792 252,138 237,864
Level 3 Assets($000) NA 2,480 4,831 1,873 5,426
Level 1 Liabilities($000) NA 0 0 0 0
Level 2 Liabilities($000) NA 73 11 0 0
Level 3 Liabilities($000) NA 0 0 0 0
FTE Employees(actual) 663 696 674 581 586
Annualized Growth Rates (%)
Asset Growth 9.03 6.29 20.82 7.83 5.45
Gross Loans HFI Growth 9.35 8.15 21.04 7.67 9.44
Deposit Growth 9.52 7.52 23.01 7.92 4.28
Average Balances ($000)
Avg Gross Loans HFI 2,624,322 2,411,102 2,228,271 1,870,859 1,712,068
Avg Loans HFS 13,992 11,924 9,529 9,717 7,767
Average Loans, Gross of Reserves 2,597,864 2,382,941 2,198,639 1,853,419 1,687,413
Avg Securities 306,374 295,013 274,407 247,207 253,654
Avg Other Int Earn Assets 65,424 63,261 72,215 67,420 59,410
Avg Secs & Other Int Earn Assets 371,798 358,274 346,622 314,627 313,064
Avg Interest Earning Assets 2,969,662 2,741,215 2,545,261 2,168,046 2,000,477
Avg Assets 3,283,780 3,048,525 2,851,531 2,397,439 2,222,866
Avg CDs NA NA NA 430,487 441,510
Avg Other Interest-bearing Deposits NA NA NA 1,033,403 958,109
Avg Interest-bearing Deposits 2,122,439 1,945,114 1,769,786 1,463,890 1,399,619
Avg Debt 113,020 118,451 166,240 174,823 128,882
Avg Interest-bearing Liabs 2,235,459 2,063,565 1,936,026 1,638,713 1,528,501
Avg Noninterest-bearing Deposits 594,785 562,439 528,926 441,731 388,257
Avg Total Deposits 2,717,224 2,507,553 2,298,712 1,905,621 1,787,876
Avg Preferred Equity 0 0 0 0 0
Avg Common Equity 406,286 384,305 351,236 285,634 277,645
Avg Equity 406,286 384,305 351,236 285,634 277,645
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.