7Baggers
Quarterly
Annual
    Unit: USD2022-06-30 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-03-31 2015-09-30 2015-06-30 2015-03-31 2014-09-30 2014-06-30 2013-12-31 2013-09-30 
      
    		                      
      interest and dividend income:
    		                      
      loans
    		179,261,000 154,229,000 151,389,000 147,625,000 414,442,000 139,205,000 137,538,000 133,175,000  134,593,000 132,697,000 131,442,000 400,005,000 131,017,000 137,033,000 138,417,000 139,880,000 139,344,000   443,009,000 147,325,000 
      investment securities
    		26,491,000 13,985,000 14,720,000 16,018,000 45,103,000 15,121,000 14,732,000 13,987,000  12,109,000 13,950,000 13,302,000 39,011,000 11,894,000 12,725,000 10,985,000 11,242,000 12,604,000   39,105,000 14,422,000 
      interest expense:
    		                      
      deposits
    		7,694,000 20,341,000 19,103,000 17,492,000 50,672,000 16,979,000 16,974,000 16,971,000  16,898,000 16,348,000 15,972,000 50,560,000 16,742,000 17,257,000 16,851,000 16,980,000 17,694,000 9,703,174 9,630,788 70,334,000 21,453,000 
      securities sold under agreements to repurchase
    		1,972,000 1,320,000 1,621,000 2,548,000 7,068,000 2,333,000 2,543,000 2,297,000  2,917,000 2,765,000 2,623,000 14,840,000 5,363,000 5,476,000 5,216,000 5,388,000 6,393,000   19,402,000 6,531,000 
      advances from fhlb
    		1,075,000 3,878,000 3,827,000 3,785,000 10,205,000 3,344,000 3,410,000 3,372,000  3,209,000 2,292,000 2,122,000 4,490,000 1,474,000 1,471,000 955,000 944,000 934,000   4,507,000 1,524,000 
      other borrowings
    		1,698,000 2,331,000 2,413,000 2,466,000 6,668,000 2,315,000 2,235,000 2,085,000  2,139,000 2,065,000 1,962,000 5,889,000 1,816,000 1,979,000        
      benefit from credit losses - benefit:
    		                      
      loans and finance leases
    		12,665,000                      
      unfunded loan commitments
    		812,000                      
      debt securities
    		-3,474,000                      
      non-interest income:
    		                      
      service charges and fees on deposit accounts
    		9,466,000 6,108,000 5,887,000 5,716,000 16,098,000 5,581,000 5,344,000 5,088,000  5,797,000 5,803,000 5,790,000 17,177,000 5,788,000 5,800,000   4,555,000     
      mortgage banking activities
    		4,082,000 4,396,000 4,395,000 3,627,000 12,677,000 4,551,000 4,835,000 4,165,000  3,117,000 4,846,000 3,616,000 14,950,000 5,485,000 4,753,000 4,270,000 4,763,000 3,618,000   13,309,000 3,521,000 
      insurance commission income
    		2,946,000 1,983,000 2,025,000 4,250,000 6,936,000 1,493,000 1,780,000 3,355,000  1,377,000 1,855,000 3,587,000 7,110,000 1,363,000 3,269,000 1,265,000 1,522,000 3,022,000     
      other non-interest income
    		14,447,000 9,411,000 9,916,000 8,950,000 25,844,000 6,898,000 8,513,000 7,860,000  6,963,000 7,674,000 7,481,000 23,486,000 7,414,000 7,109,000 8,372,000 8,263,000 8,247,000   24,366,000 7,987,000 
      non-interest expenses:
    		                      
      employees’ compensation and benefits
    		51,304,000 41,409,000 40,813,000  9,810,750 39,243,000               8,205,750 32,823,000 
      occupancy and equipment
    		21,505,000 15,129,000 15,834,000 16,055,000 43,282,000 14,660,000 13,746,000 15,105,000  13,745,000 13,759,000 14,088,000 41,271,000 13,888,000 14,183,000 15,248,000 15,059,000 14,349,000   45,724,000 15,134,000 
      business promotion
    		4,042,000 4,004,000 3,940,000 3,706,000 10,948,000 3,860,000 4,016,000 2,576,000  3,244,000 3,192,000 3,281,000 8,250,000 3,169,000 4,003,000 4,097,000 3,934,000 2,868,000   12,439,000 3,538,000 
      professional service fees
    		12,036,000                      
      taxes, other than income taxes
    		4,689,000 3,904,000 3,737,000 3,820,000 11,173,000 3,534,000 3,637,000 3,856,000  3,763,000 3,745,000 3,676,000 11,212,000 3,927,000 3,792,000 3,065,000 3,131,000 3,001,000   13,304,000 4,693,000 
      fdic deposit insurance
    		1,466,000 1,465,000 1,482,000 1,698,000 6,842,000 2,067,000                 
      net (gain) loss on oreo and oreo expenses
    		-1,485,000                      
      credit and debit card processing expenses
    		5,843,000 4,764,000 3,820,000 4,154,000 11,399,000 4,147,000 3,766,000 3,537,000  3,737,000 3,566,000 2,831,000 10,089,000 3,546,000 3,282,000 4,283,000 3,945,000 3,957,000   10,227,000 2,682,000 
      communications
    		1,978,000 1,834,000 1,714,000 1,752,000 4,730,000 1,642,000 1,582,000 1,482,000  1,603,000 1,628,000 1,543,000 5,048,000 1,711,000 1,808,000 2,189,000 2,045,000 1,608,000   5,535,000 1,866,000 
      merger and restructuring costs
    		                      
      other non-interest expenses
    		6,948,000 5,279,000 4,883,000 5,438,000 16,225,000 5,850,000 4,365,000 4,682,000  4,667,000 4,746,000 3,869,000 15,708,000 5,178,000 6,169,000 5,467,000 6,065,000 5,585,000   21,970,000 8,013,000 
      income before income taxes
    		108,798,000 65,595,000 59,298,000 60,932,000 141,983,000 48,655,000 41,191,000 40,906,000  -19,150,000 37,288,000 17,468,000 95,741,000 34,518,000 29,067,000 19,234,000 -43,918,000 33,678,000 23,265,000 20,949,000 -178,939,000 19,616,000 
      income tax expense
    		34,103,000 19,268,000 18,011,000 17,618,000   -10,159,000    -9,290,000  -2,611,000 -10,444,000 -5,723,000 -4,476,000  -8,032,000 -64,000 276,000 -1,488,000 -3,676,000 
      net income
    		74,695,000 46,327,000 41,287,000 43,314,000 165,285,000 36,323,000 31,032,000 33,148,000  -10,752,000 27,998,000 25,541,000 69,155,000 24,074,000 23,344,000 14,758,000 -34,074,000 25,646,000 23,201,000 21,225,000 -180,427,000 15,940,000 
      yoy
    		-54.81% 27.54% 33.05% 30.67%  -437.83% 10.84% 29.78%  -144.66% 19.94% 73.07% -302.96% -6.13% 0.62% -30.47% -81.11% 60.89%     
      qoq
    		61.23% 12.21% -4.68% -73.79% 355.04% 17.05% -6.38%   -138.40% 9.62% -63.07% 187.26% 3.13% 58.18% -143.31% -232.86% 10.54% 9.31% -111.76% -1231.91%  
      net income margin %
    		                      
      net income attributable to common stockholders
    		74,695,000 45,658,000 40,618,000 42,645,000 163,278,000 35,654,000 30,363,000 32,479,000  -11,421,000 27,329,000 24,872,000 68,932,000 24,074,000 23,344,000 14,758,000 -34,074,000 25,646,000 23,201,000 22,505,000 3,985,000 15,940,000 
      net income per common share:
    		                      
      basic
    		380 210 190 200 760 160 140 150  -50 130 120 330 110 110   120     
      diluted
    		380 210 190 200 760 160 140 150  -50 130 110 320 110 110   120     
      the accompanying notes are an integral part of these financial statements.
    		                      
      money market investments and interest-bearing cash accounts
    		 4,081,000 3,401,000 2,829,000 7,930,000 3,166,000 3,363,000 2,256,000               
      total interest income
    		 172,295,000 169,510,000 166,472,000 467,475,000 157,492,000 155,633,000 149,418,000  147,995,000 147,374,000 145,228,000 441,719,000 143,573,000 150,831,000 149,812,000 151,632,000 152,485,000 156,662,000 158,423,000 483,585,000 162,203,000 
      total interest expense
    		 27,870,000 26,964,000 26,291,000 74,613,000 24,971,000 25,162,000 24,725,000  25,163,000 23,470,000 22,679,000 75,779,000 25,395,000 26,183,000 24,883,000 25,155,000 26,838,000 28,968,000 28,516,000 99,545,000 31,298,000 
      net interest income
    		 144,425,000 142,546,000 140,181,000 392,862,000 132,521,000 130,471,000 124,693,000  122,832,000 123,904,000 122,549,000 365,940,000 118,178,000 124,648,000 124,929,000 126,477,000 125,647,000 127,694,000 129,907,000 384,040,000 130,905,000 
      benefit from loan and lease losses
    		 7,398,000 12,534,000 11,820,000 47,729,000 11,524,000 19,536,000 20,544,000  75,013,000 18,096,000 25,442,000 65,230,000 21,503,000 21,053,000 31,176,000 74,266,000 32,970,000 26,999,000 26,744,000 221,556,000 22,195,000 
      net interest income after benefit from loan and lease losses
    		 137,027,000 130,012,000 128,361,000 345,133,000 120,997,000 110,935,000 104,149,000  47,819,000 105,808,000 97,107,000 300,710,000 96,675,000 103,595,000 93,753,000 52,211,000 92,677,000   162,484,000 108,710,000 
      other-than-temporary impairment (“otti”) losses on available-for-sale debt securities:
    		                      
      total otti losses
    		 -557,000                     
      portion of otti recognized in other comprehensive income
    		 60,000                     
      net impairment losses on available-for-sale debt securities
    		 -497,000          -12,231,000   -6,687,000 -231,000 -13,097,000 -156,000     
      gain on early extinguishment of debt
    		       2,316,000  1,391,000     4,217,000        
      total non-interest income
    		 21,401,000 22,223,000 22,543,000 63,787,000 18,523,000 20,472,000 22,784,000  18,645,000 20,549,000 8,243,000 61,808,000 26,146,000 18,469,000 18,758,000 6,670,000 32,729,000   -25,549,000 10,060,000 
      professional fees
    		 12,467,000 11,671,000 10,310,000 31,995,000 11,502,000 10,193,000 10,060,000  12,023,000 11,800,000 10,956,000 33,465,000 10,672,000 10,776,000 10,709,000 19,005,000 15,218,000   36,112,000 11,840,000 
      net income on oreo and oreo expenses
    		 2,578,000 5,043,000 3,743,000 10,092,000 4,360,000                 
      total non-interest expenses
    		 92,833,000 92,937,000 89,972,000 266,937,000 90,865,000 90,216,000 86,027,000  85,614,000 89,069,000 87,882,000 266,777,000 88,303,000 92,997,000 93,277,000 102,799,000 91,728,000   315,874,000 99,154,000 
      the accompanying notes are an integral part of these statements.
    		                      
      employees' compensation and benefits
    		   39,296,000   39,555,000 40,684,000  37,128,000 38,409,000 38,653,000 113,488,000 38,005,000 38,435,000 37,284,000 37,945,000 35,654,000     
      net gain on sale of investments
    		          371,000  8,000 6,096,000 8,000        
      income tax benefit
    		    -3,083,000 -12,332,000  -7,758,000  8,398,000  8,073,000     9,844,000      
      insurance and supervisory fees
    		      3,701,000 3,855,000  4,353,000 4,855,000 4,909,000 19,316,000 5,604,000 7,343,000 6,590,000 6,796,000 6,860,000   36,957,000 11,513,000 
      net income on other real estate owned (“oreo”) and oreo operations
    		      5,655,000                
      dividends declared per common share
    		                      
      other-than-temporary impairment (otti) losses on available-for-sale debt securities:
    		                      
      total other-than-temporary impairment losses
    		           -12,231,000   -1,845,000  -29,521,000      
      portion of other-than-temporary impairment
    		                      
      recognized in other comprehensive income
    		              -4,842,000        
      net income on other real estate owned (oreo) and oreo operations
    		       190,000  1,351,000 3,369,000 4,076,000 8,930,000 2,603,000 3,206,000 4,345,000 4,874,000 2,628,000   35,460,000 7,052,000 
      money market investments
    		         1,293,000 727,000 484,000 2,703,000 662,000 1,073,000 410,000 510,000 537,000   1,471,000 456,000 
      bargain purchase gain
    		                 13,443,000     
      notes payable and other borrowings
    		               1,861,000 1,843,000 1,817,000   5,302,000 1,790,000 
      service charges on deposit accounts
    		               5,082,000 5,219,000    9,640,000 3,157,000 
      other-than-temporary impairment losses on available-for-sale debt securities:
    		                      
      noncredit-related impairment portion on debt securities not expected to be sold
    		                      
      equity in loss of unconsolidated entity
    		                    -10,783,000 -5,908,000 
      net earnings per common share:
    		                      
      basic
    		               70 -160    20 80 
      diluted
    		               70 -160    20 80 
      portion of other-than-temporary impairment losses previously recognized in
    		                      
      other comprehensive income
    		                 -156,000     
      condensed income statements:
    		                      
      non-interest income
    		                  16,174,000 15,931,000   
      non-interest expenses
    		                  93,604,000 98,145,000   
      per common share results:
    		                      
      net earnings per share basic
    		                  0.11 0.11   
      net earnings per share diluted
    		                  0.11 0.11   
      average shares outstanding
    		                  210,466 208,202   
      average shares outstanding diluted
    		                  212,359 210,144   
      book value per common share
    		                  6.05 5.97   
      tangible book value per common share
    		                  5.81 5.72   
      selected financial ratios
    		                      
      profitability:
    		                      
      return on average assets
    		                  0.73 0.67   
      interest rate spread
    		                  4.07 4.19   
      return on average total equity
    		                  7.01 6.66   
      return on average common equity
    		                  7.21 6.95   
      average total equity to average total assets
    		                  10.44 10.1   
      tangible common equity ratio
    		                  9.82 9.76   
      dividend payout ratio
    		                      
      efficiency ratio
    		                  65.06 67.3   
      asset quality:
    		                      
      allowance for loan and lease losses to total loans held for investment
    		                  2.42 2.55   
      net charge-offs (annualized) to average loans
    		                  1.8 2.19   
      benefit from loan and lease losses to net charge-offs
    		                  63.17 51.09   
      non-performing assets to total assets
    		                  5.89 6.05   
      non-performing loans held for investment to total loans held for investment
    		                  6.01 5.96   
      allowance to total non-performing loans held for investment
    		                  40.29 42.71   
      excluding residential real estate loans
    		                  60.2 61.96   
      other information:
    		                      
      common stock price: end of period
    		                  4.75 5.44   
      balance sheet data:
    		                      
      loans, including loans held for sale
    		                  9,395,416 9,539,206   
      allowance for loan and lease losses
    		                  225,434 241,177   
      intangible assets
    		                  51,143 52,378   
      deferred tax asset
    		                  9,853 8,738   
      total assets
    		                  12,643,280 12,523,251   
      borrowings
    		                  1,456,959 1,451,959   
      total preferred equity
    		                  36,104 36,104   
      total common equity
    		                  1,322,376 1,298,304   
      accumulated other comprehensive loss, net of tax
    		                  -34,323 -28,407   
      total equity
    		                  1,324,157 1,306,001   
      ______________
    		                      
      non-gaap measure. refer to capital discussion below for additional information about the components and a reconciliation of these measures.
    		                      
      on a tax-equivalent basis and excluding the changes in fair value of derivative instruments (see net interest income discussion below for a reconciliation of this non-gaap measure).
    		                      
      non-interest expense to the sum of net interest income and non-interest income. the denominator includes non-recurring income and changes in the fair value of derivative instruments.
    		                      
      interest income:
    		                      
      portion of other-than-temporary impairment losses recognized in other comprehensive income
    		                      
      impairment of collateral pledged to lehman
    		                      
      insurance income
    		                    4,652,000 1,303,000 
    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.