7Baggers
Quarterly
Annual
    Unit: USD2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 
      
    		     
      interest income:
    		     
      loans, including fees
    		172,137,000 179,757,000 186,870,000 189,848,000 185,272,000 
      securities:
    		     
      taxable
    		26,030,000 29,957,000 32,122,000 30,324,000 24,679,000 
      tax-exempt
    		58,886,000 58,775,000 57,328,000 58,596,000 59,143,000 
      interest-bearing deposits
    		8,125,000 8,364,000 8,759,000 7,828,000 10,639,000 
      federal funds sold and resell agreements
    		802,000 1,201,000 1,194,000 1,541,000 1,588,000 
      total interest income
    		265,980,000 278,054,000 286,273,000 288,137,000 281,321,000 
      interest expense:
    		     
      deposits
    		16,053,000 20,087,000 25,637,000 26,844,000 27,174,000 
      federal funds purchased and repurchase agreements
    		3,037,000 4,399,000 5,040,000 5,220,000 5,016,000 
      junior subordinated deferrable interest debentures
    		1,205,000 1,305,000 1,425,000 1,478,000 1,498,000 
      other long-term borrowings
    		1,164,000 1,165,000 1,164,000 1,164,000 1,164,000 
      total interest expense
    		21,459,000 26,956,000 33,266,000 34,706,000 34,852,000 
      net interest income
    		244,521,000 251,098,000 253,007,000 253,431,000 246,469,000 
      credit loss expense
    		175,197,000     
      net interest income after credit loss expense
    		69,324,000     
      non-interest income:
    		     
      trust and investment management fees
    		34,473,000 32,928,000 31,649,000 30,448,000 31,697,000 
      service charges on deposit accounts
    		22,651,000 23,454,000 22,941,000 21,798,000 20,790,000 
      insurance commissions and fees
    		16,485,000 12,138,000 11,683,000 10,118,000 18,406,000 
      interchange and debit card transaction fees
    		3,255,000 3,608,000 4,117,000 3,868,000 3,280,000 
      other charges, commissions and fees
    		9,365,000 9,020,000 10,108,000 8,933,000 9,062,000 
      net gain on securities transactions
    		108,989,000 28,000 96,000 169,000  
      other
    		17,697,000 14,079,000 8,630,000 7,304,000 13,550,000 
      total non-interest income
    		212,915,000 95,255,000 89,224,000 82,638,000 96,785,000 
      non-interest expense:
    		     
      salaries and wages
    		98,812,000 97,951,000 93,812,000 90,790,000 92,476,000 
      employee benefits
    		24,889,000 21,651,000 21,002,000 20,051,000 23,526,000 
      net occupancy
    		25,384,000 24,864,000 24,202,000 21,133,000 19,267,000 
      technology, furniture and equipment
    		25,240,000 25,759,000 22,415,000 22,157,000 21,664,000 
      deposit insurance
    		2,624,000 2,374,000 2,491,000 2,453,000 2,808,000 
      intangible amortization
    		257,000 264,000 274,000 305,000 325,000 
      total non-interest expense
    		224,163,000 220,806,000 208,864,000 203,209,000 201,800,000 
      income before income taxes
    		58,076,000 117,192,000 125,366,000 126,460,000 130,451,000 
      income taxes
    		3,323,000 13,511,000 13,530,000 14,874,000 13,955,000 
      net income
    		54,753,000 103,681,000 111,836,000 111,586,000 116,496,000 
      yoy
    		-53.00%     
      qoq
    		-47.19% -7.29% 0.22% -4.21%  
      net income margin %
    		     
      preferred stock dividends
    		2,016,000 2,016,000 2,016,000 2,015,000 2,016,000 
      redemption of preferred stock
    		5,514,000     
      net income available to common shareholders
    		47,223,000 101,665,000 109,820,000 109,571,000 114,480,000 
      earnings per common share:
    		     
      basic
    		750 1,610 1,740 1,730 1,800 
      diluted
    		750 1,600 1,730 1,720 1,790 
      other comprehensive income, before tax:
    		     
      securities available for sale and transferred securities:
    		     
      change in net unrealized gain/loss during the period
    		230,118,000 -45,516,000 107,786,000 158,140,000 198,146,000 
      change in net unrealized gain on securities transferred to held to maturity
    		-377,000 -335,000 -305,000 -308,000 -344,000 
      reclassification adjustment for net (gains) losses included in net income
    		-108,989,000 -27,000 -97,000 -169,000  
      total securities available for sale and transferred securities
    		120,752,000 -45,878,000 107,384,000 157,663,000 197,802,000 
      defined-benefit post-retirement benefit plans:
    		     
      reclassification adjustment for net amortization of actuarial gain/loss included in net income as a component of net periodic cost
    		1,330,000 1,405,000 1,406,000 1,406,000 1,406,000 
      total defined-benefit post-retirement benefit plans
    		1,330,000 -2,239,000 1,406,000 1,406,000 1,406,000 
      other comprehensive income, before tax
    		122,082,000 -48,117,000 108,790,000 159,069,000 199,208,000 
      deferred tax benefit
    		25,637,000 -10,104,000 22,845,000 33,405,000 41,834,000 
      other comprehensive income, net of tax
    		96,445,000 -38,013,000 85,945,000 125,664,000 157,374,000 
      comprehensive income
    		151,198,000 65,668,000 197,781,000 237,250,000 273,870,000 
      benefit from loan losses
    		 8,355,000 8,001,000 6,400,000 11,003,000 
      net interest income after benefit from loan losses
    		 242,743,000 245,006,000 247,031,000 235,466,000 
      change in the net actuarial gain/loss
    		     
    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.