7Baggers
Quarterly
Annual
    Unit: USD2024-12-31 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2012-09-30 2012-06-30 2012-03-31 2011-12-31 2011-09-30 2011-06-30 2011-03-31 2010-12-31 2007-12-31 2006-12-31 2005-12-31 2005-09-30 2005-06-30 
      
    		                   
      interest income:
    		                   
      loans and leases
    		 385,465,000                  
      investment securities
    		 34,303,000                  
      deposits in financial institutions
    		 58,936,000                  
      total interest income
    		 478,704,000        6,588,500 8,823,000 8,582,000     6,510,500 9,176,000 8,581,000 
      interest expense:
    		                   
      deposits
    		 194,807,000 668,418,000 31,360,000 28,118,000 20,527,000           2,123,500 3,220,000 2,797,000 
      borrowings
    		 38,124,000                  
      subordinated debt
    		 16,671,000                  
      total interest expense
    		 249,602,000 1,096,483,000 47,004,000 46,519,000 33,866,000 2,314,000 1,947,000 1,449,000 1,330,000 1,339,000 1,574,000 1,794,000    4,920,000 4,462,000 3,849,000 
      net interest income
    		 229,102,000 535,225,000 69,218,000 69,632,000 73,053,000 14,408,000 8,431,000 8,876,000 7,493,000 7,484,000 7,008,000 7,155,000    4,689,000 4,714,000 4,732,000 
      benefit from credit losses
    		 10,000,000                  
      net interest income after benefit from credit losses
    		 219,102,000                  
      noninterest income:
    		                   
      leased equipment income
    		 11,716,000                  
      other commissions and fees
    		 8,142,000                  
      service charges on deposit accounts
    		 4,705,000                  
      gain on sale of loans and leases
    		 -448,000                  
      loss on sale of securities
    		                   
      dividends and gains on equity investments
    		 3,068,000                  
      warrant income
    		 178,000                  
      locom hfs adjustment
    		 330,000                  
      other income
    		 6,125,000 17,970,000 4,291,000 5,062,000 3,878,000           5,000 4,000 11,000 
      total noninterest income
    		 33,816,000 -512,946,000 50,778,000 6,024,000 7,859,000 19,512,000 639,000 503,000 499,000 2,012,000 1,635,000 767,000    539,000 552,000 567,000 
      noninterest expense:
    		                   
      compensation
    		 92,236,000                  
      insurance and assessments
    		 20,461,000                  
      customer related expense
    		 30,919,000                  
      occupancy
    		 17,968,000                  
      information technology and data processing
    		 15,418,000                  
      leased equipment depreciation
    		 7,520,000                  
      other professional services
    		 5,075,000                  
      loan expense
    		 4,491,000                  
      intangible asset amortization
    		 8,404,000                  
      acquisition, integration and reorganization costs
    		                   
      goodwill impairment
    		                   
      total noninterest expense
    		 210,518,000 2,301,646,000 56,164,000 49,132,000 51,239,000 24,456,000 9,943,000 8,218,000 11,213,000 7,661,000 5,999,000 6,816,000    3,236,000 3,295,000 3,470,000 
      earnings before income taxes
    		 42,400,000                  
      income tax benefit
    		 11,548,000                  
      net earnings
    		 30,852,000                  
      preferred stock dividends
    		 9,947,000     328,000 314,000 400,000           
      net earnings available to common and equivalent stockholders
    		 20,905,000                  
      earnings per share:
    		                   
      basic
    		 0.12               0.215 0.33 0.26 
      diluted
    		 0.12               0.21 0.32 0.25 
      other comprehensive income, net of tax:
    		                   
      unrealized net holding gains on securities available-for-sale arising during the period
    		 -18,208                  
      income tax benefit (expense) related to unrealized net holding gains arising during the period
    		 5,167                  
      unrealized net holding gains on securities available-for-sale, net of tax
    		 -13,041                  
      reclassification adjustment for net incomees included in net earnings
    		                   
      income tax benefit related to reclassification adjustment
    		                   
      reclassification adjustment for net incomees included in net earnings, net of tax
    		                   
      amortization of unrealized net income on securities
    		                   
      transferred from available-for-sale to held-to-maturity
    		 8,110                  
      income tax expense related to amortization of unrealized net income on
    		                   
      securities transferred from available-for-sale to held-to-maturity
    		 -2,302                  
      amortization of unrealized net income on securities transferred from
    		                   
      available-for-sale to held-to-maturity, net of tax
    		 5,808                  
      change in fair value of credit-linked notes
    		 -1,251                  
      income tax benefit (expense) related to change in fair value of credit-linked notes
    		 355                  
      change in fair value of credit-linked notes, net of tax
    		 -896                  
      unrealized gain on cash flow hedges arising during the period
    		 5,425                  
      income tax benefit related to unrealized gain on
    		                   
      cash flow hedges arising during the period
    		 -1,618                  
      unrealized gain on cash flow hedges, net of tax
    		 3,807                  
      other comprehensive income, net of tax
    		 -4,322                  
      comprehensive income
    		 26,530       888,000   -507     857,250 1,209,000 1,201,000 
      interest and dividend income
    		                   
      loans, including fees
    		  68,980,000 95,613,000 92,889,000 87,418,000 15,928,000 9,604,000 9,528,000 8,061,000 7,757,000 7,513,000 7,666,000    9,306,000 8,807,000 8,305,000 
      securities
    		  11,762,000 16,335,000 15,804,000 14,909,000 708,000 694,000 737,000 700,000 1,017,000 1,002,000 1,244,000    156,000 157,000 157,000 
      other interest-earning assets
    		  4,081,000 4,274,000 7,458,000 4,592,000              
      total interest and dividend income
    		  84,823,000 116,222,000 116,151,000 106,919,000 16,722,000 10,378,000 10,325,000    8,949,000       
      interest expense
    		                   
      fhlb advances and frb borrowings
    		  8,031,000 7,773,000 14,703,000 9,648,000              
      other interest-bearing liabilities
    		  3,815,000 7,871,000 3,698,000 3,691,000              
      benefit from (reversal of) credit losses
    		  2,225,000 5,000,000 1,900,000 2,000,000              
      net interest income after benefit from (reversal of) credit losses
    		  50,750,750 64,218,000 67,732,000 71,053,000              
      noninterest income
    		                   
      customer service fees
    		  1,528,750 2,114,000 2,022,000 1,979,000 543,000 378,000 361,000 366,000 396,000 373,000 338,000    334,000 311,000 322,000 
      loan servicing income
    		  421,000 563,000 574,000 547,000 146,000             
      income from bank owned life insurance
    		  704,250 966,000 951,000 900,000 69,000 60,000 69,000 79,000 77,000 80,000 64,000    167,000 192,000 187,000 
      change in fair value of derivative instruments
    		  11,543,000 46,186,000                
      net gain on sale of securities available-for-sale
    		                   
      all other income
    		  1,968,250 949,000 2,477,000 4,433,000              
      noninterest expense
    		                   
      salaries and employee benefits
    		  20,939,250 25,819,000 28,282,000 29,656,000 13,613,000 5,177,000 4,867,000 4,426,000 3,251,000 2,856,000 3,381,000    1,677,000 1,816,000 1,871,000 
      occupancy and equipment
    		  4,233,250 5,804,000 5,603,000 5,526,000 2,473,000 1,321,000 999,000 922,000 730,000 532,000 664,000    524,000 496,000 494,000 
      professional fees
    		  2,922,250 3,616,000 4,001,000 4,072,000 3,788,000 987,000 543,000 705,000 667,000 414,000 335,000    82,000 85,000 177,000 
      data processing
    		  39,346,000 1,657,000 1,686,000 1,563,000 1,037,000 502,000 407,000 373,000 356,000 323,000 293,000    222,000 220,000 212,000 
      regulatory assessments
    		  978,250 1,410,000 1,301,000 1,202,000              
      software and technology
    		  2,666,000 3,811,000 3,579,000 3,274,000              
      (gain) loss on investments in alternative energy partnerships
    		  387,000 -34,000 -36,000               
      reversal of loan repurchase reserves
    		  -204,750  -808,000 -11,000              
      amortization of other intangibles
    		  346,000 461,000 462,000 461,000              
      acquisition, integration and transaction costs
    		  2,332,250 9,329,000                
      income before income taxes
    		  27,782,250 58,832,000 24,624,000 27,673,000 8,433,000  470,000 1,077,750 1,012,000 2,193,000 1,106,000    1,950,000 2,015,000 1,657,000 
      income tax expense
    		  7,599,500 16,258,000 6,745,000 7,395,000   93,000 356,250 368,000  413,000    717,000 661,000 586,000 
      net income
    		  20,182,750 42,574,000 17,879,000 20,278,000 9,543,000  377,000 721,500 644,000  693,000    1,233,000 1,354,000 1,071,000 
      yoy
    		  111.49%  4642.44% 2710.53% 1381.83%  -45.60%    -43.80%       
      qoq
    		  -52.59% 138.12% -11.83% 112.49%   -47.75% 12.03%       -8.94% 26.42%  
      net income margin %
    		                   
      impact of preferred stock redemption
    		                   
      net income available to common stockholders
    		  20,182,750 42,574,000 17,879,000 20,278,000              
      earnings per common share:
    		                   
      basic
    		  347.5 740 310 340              
      diluted
    		  347.5 740 310 340              
      earnings per class b common share:
    		                   
      basic
    		  347.5 740 310 340              
      diluted
    		  347.5 740 310 340              
      loss on investments in alternative energy partnerships
    		     1,618,000              
      dividends and other interest-earning assets
    		      86,000 80,000 60,000 62,000 49,000 67,000 39,000    147,000 212,000 119,000 
      federal funds sold
    		                   
      savings
    		      211,000 11,000 11,000 36,000 95,000 97,000 90,000       
      now
    		      102,000 40,000 112,000 31,000 18,000 16,000 16,000       
      money market
    		      166,000 162,000 137,000 117,000 62,000 61,000 66,000       
      certificates of deposit
    		      1,099,000 1,145,000 1,089,000 1,058,000 1,072,000 1,049,000 1,105,000       
      federal home loan bank advances
    		      74,000 92,000 100,000 88,000 92,000 351,000 517,000    1,282,000 1,242,000 1,052,000 
      capital leases
    		      2,000 2,000            
      notes payable
    		      660,000 495,000            
      benefit from loan and lease losses on originated loans
    		      894,000             
      benefit from loan and lease losses on purchased loans
    		      137,000             
      net interest income after benefit from loan and lease losses
    		      13,377,000             
      mortgage loan prepayment penalties
    		      46,000  16,000  54,000 26,000     15,000 45,000 47,000 
      net gain/(loss) on sales of securities available for sale
    		      -12,000 -32,000 -39,000           
      net gain on sale of loans
    		      59,000             
      net gain on mortgage banking activities
    		      5,546,000             
      bargain purchase gain
    		      12,055,000             
      other
    		      1,060,000 88,000 96,000 53,000 35,000 38,000 46,000       
      advertising
    		      395,000 214,000 239,000 295,000 71,000 51,000 60,000    110,000 102,000 101,000 
      stationery paper, supplies, and postage
    		      286,000 183,000 113,000    115,000       
      atm costs
    		      93,000 91,000 93,000 72,000 81,000 78,000 64,000    121,000 127,000 128,000 
      fdic assessments
    		      291,000             
      benefit from loss reimbursements on sold loans
    		      172,000             
      loan servicing and foreclosure expense
    		      83,000 367,000            
      operating income on equity investment
    		      76,000 77,000 76,000 78,000 79,000 78,000 78,000       
      oreo valuation allowance
    		      36,000 155,000 14,000           
      net (gain)/loss on sales of other real estate owned
    		      42,000 -192,000 -316,000           
      amortization of intangible assets
    		      329,000             
      other general and administrative
    		      1,742,000 699,000 527,000 672,000 338,000 439,000 330,000    296,000 245,000 282,000 
      income tax expense/
    		      -1,110,000 -413,000    644,000        
      net income available to common shareholders
    		      9,215,000   687,000 506,000 1,549,000 693,000       
      basic earnings per common share
    		      790   67.5 40         
      diluted earnings per common share
    		      790   67.5 40         
      other comprehensive income/(loss), before tax:
    		                   
      change in net unrealized gains/(losses) on securities:
    		                   
      net unrealized holding gains arising during the period
    		      817,000 509,000 829,000           
      less: reclassification adjustment for (gains)/losses included in net income
    		      12,000 32,000 39,000           
      net unrealized gains/(losses), net of reclassification adjustments
    		      829,000             
      total other comprehensive income/(loss), net of tax
    		      488,000 318,000            
      comprehensive income/
    		      10,031,000 -421,000  -57,500 -760,000         
      benefit from loan losses
    		       279,000 691,000 4,114,000 823,000 451,000      208 172,000 
      net interest income after benefit from loan losses
    		       8,152,000 8,185,000 3,379,000 6,661,000 6,557,000 7,155,000    4,647,000 4,758,000 4,560,000 
      net gain/(loss) on sales of loans
    		       145,000            
      fdic expense
    		       362,000 318,000 208,000 222,000 392,000 383,000       
      income/(loss) before income taxes
    		       -1,152,000            
      net income/
    		       -739,000    1,549,000        
      net income/(loss) available to common shareholders
    		       -1,053,000 -23,000           
      basic earnings/(loss) per common share
    		       -90 0           
      diluted earnings/(loss) per common share
    		       -90 0           
      change in net unrealized gains on securities:
    		                   
      net unrealized gains, net of reclassification adjustments
    		       541,000 868,000           
      income tax expense/(benefit) related to items of other comprehensive income
    		       223,000            
      loan servicing and foreclosure income
    		        338,000           
      other comprehensive income, before tax:
    		                   
      income tax expense related to items of other comprehensive income
    		        357,000           
      total other comprehensive income, net of tax
    		        511,000           
      net gain on sales of securities available-for-sale
    		         721,750 1,450,000 1,118,000 319,000       
      stationery, supplies, and postage
    		         84,000 105,000 116,000        
      loan servicing and foreclosure
    		         499,000 327,000  -76,000       
      valuation allowance for oreo
    		         2,956,000 1,329,000 137,000 421,000       
      loss/(gain) on sale of other real estate owned
    		         231,000 105,000         
      preferred stock dividends and discount accretion
    		         396,000 138,000         
      weighted-average common shares outstanding-basic
    		          11,542,752,000 9,753,153        
      weighted-average common shares outstanding-diluted
    		          11,544,142,000 9,785,203        
      loan servicing & foreclosure
    		           532,000        
      loss on sale of other real estate owned
    		           51,000 768,000       
      basic earnings/(loss) per share
    		           0.16        
      diluted earnings/(loss) per share
    		           0.16        
      basic earnings per share
    		            0.07       
      diluted earnings per share
    		            0.07       
      provision/(reduction) for loan losses
    		                52,000 -44,000  
      net gain on sale of securities available for sale
    		                   
      stationary, supplies, and postage
    		                115,000 105,000 106,000 
      loss on investment - housing fund
    		                74,250 99,000  
      earnings per share
    		                   
      basic
    		 0.12               0.215 0.33 0.26 
      diluted
    		 0.12               0.21 0.32 0.25 
      cash flows from operating activities
    		                   
      adjustments to reconcile net income to net cash from operating activities
    		                   
      net amortization on securities
    		                 -15  
      depreciation and amortization
    		                 378  
      federal home loan bank stock dividends
    		                   
      bank owned life insurance income
    		                 -508  
      employee stock ownership plan compensation expense
    		                 826  
      stock award compensation expense
    		                 542  
      net change in:
    		                   
      deferred loan fees
    		                 -550  
      accrued interest receivable
    		                 -459  
      other assets
    		                 -209  
      accrued interest payable and other liabilities
    		                 -273  
      net cash from operating activities
    		                 3,514  
      cash flows from investing activities
    		                   
      loan originations and principal collections
    		                 -18,030  
      purchase of loans
    		                 -22,057  
      increase in other interest bearing deposits
    		                 989  
      purchase of federal home loan bank stock
    		                 -858  
      redemption of federal home loan bank stock
    		                 216  
      purchase of securities available-for-sale
    		                 -4,316  
      proceeds from maturities and principal repayments of securities available-for-sale
    		                 3  
      sales of securities available-for-sale
    		                   
      purchase of bank owned life insurance investment
    		                 -15,000  
      additions to premises and equipment
    		                 -383  
      net cash from investing activities
    		                 -59,436  
      cash flows from financing activities
    		                   
      net increase in deposits
    		                 40,057  
      net change in federal home loan bank open line
    		                 34,500  
      repayments of federal home loan bank advances
    		                 -11,000  
      proceeds from fhlb advances
    		                   
      purchase of treasury stock
    		                 -5,880  
      exercise of stock options
    		                 41  
      dividends paid on common stock
    		                 -1,652  
      net cash from financing activities
    		                 56,066  
      net change in cash and cash equivalents
    		                 144  
      cash and cash equivalents at beginning of period
    		                 12,315  
      cash and cash equivalents at end of period
    		                 12,459  
      loss on investment- housing fund
    		                  99,000 
      boli income
    		                   
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.