7Baggers
Quarterly
Annual
    Unit: USD2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2015-03-31 2013-09-30 2013-06-30 2013-03-31 
      
    		                          
      cash flows from operating activities:
    		                          
      net income
    		20,437,000 -493,455,000 24,150,000 14,859,000 32,775,000 33,077,000 -37,510,000 40,754,000 52,437,000 52,360,000 50,740,000 54,187,000 52,340,000 58,243,000 59,980,000 58,274,000 60,075,000 38,693,000 44,167,000 50,236,000 55,633,000 77,415,000 9,452,000 3,959,000 5,874,000 5,688,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                          
      depreciation expense
    		4,889,000 4,894,000 4,911,000 4,846,000 4,691,000 4,505,000 4,433,000 4,260,000 4,232,000 3,150,000 3,292,000 3,112,000 3,028,000 3,085,000 3,160,000 3,224,000 3,174,000 3,176,000 3,154,000 3,104,000 3,037,000 4,121,000 1,521,000 1,188,000 1,034,000 949,000 
      accretion income recognized on loans
    		-1,042,000 -1,000,000 -773,000 -770,000 -971,000 -927,000 -1,115,000 -1,197,000 -2,147,000                  
      amortization of other intangibles assets
    		2,893,000 2,953,000 3,075,000 3,106,000 3,111,000 3,111,000 3,111,000 3,111,000 3,117,000 3,118,000 3,145,000 3,145,000 3,145,000 3,145,000 3,145,000 3,145,000 3,175,000 3,175,000 3,176,000 3,175,000 3,235,000      
      amortization of premium on securities
    		1,406,000 792,000 1,401,000 829,000 1,809,000 1,842,000 1,861,000 1,910,000 1,916,000 1,906,000 1,645,000 1,719,000 1,290,000 1,235,000 982,000 864,000 732,000 677,000 619,000 618,000 556,000 1,071,000 426,000    
      amortization of discount and origination costs on borrowings
    		197,000 204,000 204,000 204,000 204,000 204,000 591,000 223,000 224,000 223,000 223,000 224,000 223,000 223,000 224,000 223,000 179,000 159,000 159,000 158,000 158,000      
      stock based compensation expense
    		2,125,000 2,728,000 2,606,000 1,922,000 423,000 2,704,000 2,445,000 4,097,000 3,779,000 3,409,000 2,412,000 2,714,000 2,423,000 2,348,000 3,206,000 2,117,000 1,970,000 2,481,000 1,882,000 1,974,000 1,910,000 2,827,000 1,097,000    
      goodwill impairment
    		0                          
      excess tax expense on restricted stock vested
    		-64,000 10,000 313,000              44,000          
      fhlb stock dividends
    		-157,000 -236,000 -483,000 -490,000 -756,000 -1,143,000 -397,000 -203,000 -73,000 -21,000 -31,000 -32,000 -31,000 -32,000 -33,000 -20,000 -236,000 -143,000 -168,000 -209,000 -239,000 -394,000 -12,000 -8,000 -7,000 -5,000 
      gain on sale and disposal of premises and equipment
    		9,000           243,000 41,000      63,000        
      (gain) loss on sale of loans
    		0                          
      gain on sale of other real estate owned
    		0 0 -13,000             73,000 0 -12,000 -25,000  -539,000      
      impairment of other real estate
    		0 0 345,000 3,015,000 0 1,000,000 1,200,000         0 46,000   377,000 0   12,000 15,000 448,000 
      impairment of other assets
    		   0 0 153,000 802,000 3,286,000    0 115,000 0 9,000 0    0       
      deferred tax expense
    		4,595,000 9,549,000 708,000     2,448,000 598,000 -2,081,000 4,203,000 960,000 -766,000 388,000 4,771,000    2,471,000 2,487,000 3,100,000      
      benefit from credit losses
    		4,700,000 0 -3,200,000 3,480,000 340,000 220,000 90,000 2,833,000 3,100,000 0 -1,443,000 0 0 -6,500,000 -2,500,000            
      increase in cash surrender value of boli
    		-1,652,000 -1,572,000 -1,555,000 -1,516,000 -1,465,000 -1,410,000 -1,377,000 -1,384,000 -1,350,000 -1,327,000 -1,310,000 -1,368,000 -1,282,000 -1,287,000 -1,272,000 -1,340,000 -1,335,000 -1,331,000 -1,341,000 -1,390,000 -1,402,000      
      excess benefit claim on boli
    		   0 -204,000 0 -318,000 0 0 0 -784,000                
      net gain on mortgage loans held for sale
    		-1,537,000 -1,329,000 -910,000 -888,000 -1,119,000 -1,397,000 -1,209,000 -989,000 -853,000 -1,220,000 -1,407,000 -4,420,000 -6,244,000 -5,836,000 -5,299,000 -11,539,000 -13,991,000 -8,729,000 -3,916,000 -4,163,000       
      originations of loans held for sale
    		-56,974,000 -56,005,000 -57,971,000 -51,888,000 -64,739,000 -87,469,000 -56,152,000 -50,855,000 -60,885,000 -85,392,000 -90,828,000 -126,535,000 -153,036,000 -162,083,000 -217,882,000 -280,528,000 -295,782,000 -217,273,000 -107,580,000 -133,207,000 -126,481,000      
      proceeds from sale of loans held for sale
    		57,717,000 66,621,000 54,002,000 54,424,000 66,414,000 86,818,000 52,095,000 62,507,000 66,284,000 82,836,000 101,616,000 130,302,000 171,493,000 182,034,000 248,029,000 296,826,000 295,232,000 192,564,000 107,714,000 134,654,000 121,111,000      
      net change in other assets
    		12,143,000 -20,208,000 8,881,000 7,404,000 -14,143,000 -1,597,000 15,058,000 -5,009,000 -17,614,000 -4,761,000 3,325,000 7,333,000 -12,806,000 8,933,000 10,833,000 854,000 -525,000 -24,419,000 -10,935,000 12,110,000 -10,467,000 -13,967,000 6,446,000 89,000 872,000 -644,000 
      net change in other liabilities
    		-4,858,000 -103,495,000 2,679,000 8,215,000 -4,043,000 30,930,000 61,952,000 2,317,000 14,300,000 9,645,000 -50,696,000 1,899,000 7,401,000 -9,623,000 -23,033,000 -2,246,000 -940,000 -6,627,000 1,980,000 -24,907,000 27,453,000 -5,101,000 -13,081,000 -179,000 3,109,000 -1,355,000 
      net cash from operating activities
    		44,827,000 -71,538,000 38,296,000 44,717,000 23,300,000 69,001,000 28,251,000 68,606,000 68,001,000 59,313,000 21,314,000 67,721,000 62,842,000 68,982,000 77,888,000 68,186,000 51,177,000 -5,493,000 40,425,000 34,430,000 60,993,000 73,585,000 4,311,000 10,810,000 8,126,000 9,433,000 
      cash flows from investing activities:
    		                          
      investment securities available for sale:
    		                          
      proceeds from maturities, calls and paydowns
    		1,389,030,000 4,150,636,000 1,335,366,000 5,035,590,000 42,665,000 24,351,000 35,731,000 35,288,000 59,560,000 4,047,236,000 3,061,183,000                
      purchases
    		-1,349,805,000 -4,099,138,000 -1,299,754,000 -4,999,130,000 0   3,914,000 -3,914,000 -4,065,623,000 -3,211,644,000                
      proceeds from maturities of certificates of deposit held in other banks
    		   0 0   248,000 521,000 1,732,000 248,000 0 0   -1,000 0   0 248,000      
      proceeds from benefit claim of boli
    		   -1,000 494,000 0 748,000 0 0 0 1,344,000                
      purchases of fhlb stock and other restricted stock
    		0 -10,245,000 -3,455,000 -11,071,000 -16,388,000 -1,121,000 -61,575,000 -3,872,000    0 0   0 0 -1,826,000 -25,211,000 0 -775,000      
      proceeds from redemptions of fhlb stock and other restricted stock
    		0 7,964,000 26,879,000 2,142,000 59,168,000   0 37,000 3,097,000 33,000 0    6,302,000 30,943,000 0 106,000 75,000 4,442,000      
      proceeds from sale of loans
    		14,736,000 0 8,228,000 0 2,231,000   6,316,000 0 1,827,000 17,506,000 1,515,000 0   6,084,000 563,000 11,079,000 1,455,000 0   53,403,000 41,421,000 45,572,000 50,812,000 
      net loans paid (originated) held for investment
    		78,346,000 59,025,000 101,440,000                        
      originations of mortgage warehouse purchase loans
    		-3,395,483,000 -3,887,787,000 -3,305,227,000 -2,917,879,000 -3,124,252,000 -3,148,102,000 -2,238,118,000 -1,975,268,000 -2,999,329,000 -3,684,875,000 -4,600,627,000 -7,001,366,000 -7,868,748,000 -7,128,832,000 -8,419,896,000 -8,616,054,000 -7,520,590,000 -5,172,876,000 -4,523,819,000 -4,404,637,000 -3,870,187,000      
      proceeds from pay-offs of mortgage warehouse purchase loans
    		3,636,446,000 3,808,749,000 3,300,300,000 2,810,492,000 3,173,040,000 3,057,559,000 2,149,670,000 2,072,213,000 3,128,475,000 3,716,239,000 4,819,921,000 7,190,318,000 7,785,272,000 7,340,207,000 8,767,994,000 8,381,270,000 7,205,207,000 5,065,855,000 4,414,527,000 4,377,970,000 3,663,029,000      
      additions to premises and equipment
    		-3,456,000 -4,274,000 -1,403,000 -5,167,000 -5,379,000 -6,687,000 -3,746,000 -16,992,000 -9,653,000 -16,875,000 -19,441,000 -48,612,000 -12,955,000 -5,978,000 -3,811,000 -10,008,000 -2,652,000 -2,527,000 -5,948,000 -4,987,000 -407,000 -23,504,000 -2,782,000 -1,133,000 -1,753,000 -3,279,000 
      proceeds from sale of premises and equipment
    		   0 0 493,000 188,000 14,000 165,000 0 9,000 0 0 0 21,000 127,000 71,000 1,758,000 66,000 0 493,000   57,000 0 9,000 
      proceeds from sale of other real estate owned
    		0 2,140,000 473,000         0    619,000 0 1,905,000 4,200,000 1,220,000 5,238,000 1,433,000 316,000 1,000 550,000 496,000 
      net cash from investing activities
    		370,062,000 27,070,000 162,847,000 -475,698,000 -32,080,000 -59,319,000 -120,991,000 -174,617,000 -165,335,000 -1,059,836,000 -288,839,000 -320,679,000 -177,705,000 65,347,000 138,573,000 -297,162,000 -254,999,000 -706,508,000 -212,719,000 -1,573,000 -259,588,000 -316,573,000 -96,254,000 -60,065,000 -97,720,000 -51,278,000 
      cash flows from financing activities:
    		                          
      net increase in demand deposits, money market and savings accounts
    		280,128,000       -184,044,000 -299,747,000 241,871,000 -550,396,000 170,115,000 498,016,000 383,757,000 456,447,000 706,325,000 661,863,000 1,513,277,000 -9,596,000 261,187,000 234,462,000      
      net increase in time deposits
    		-127,736,000 107,533,000 -41,811,000 356,094,000 705,652,000 1,362,853,000 435,177,000 344,453,000        -104,958,000 -163,338,000 -97,008,000 -48,974,000 -47,736,000 -9,443,000 256,136,000 38,179,000 8,935,000 16,348,000 15,384,000 
      proceeds from fhlb advances
    		0 600,000,000 1,050,000,000 3,050,000,000 2,545,000,000 6,700,000,000 3,350,000,000 100,000,000 200,000,000       0 100,000,000 400,000,000 1,100,000,000 100,000,000 300,000,000      
      repayments of fhlb advances
    		0 -600,000,000 -1,400,000,000 -2,975,000,000 -3,145,000,000 -7,625,000,000 -1,850,000,000 0 -175,000,000   -200,000,000    0 -650,000,000 -450,000,000 -450,000,000 -330,000,000 -325,000,000      
      proceeds from other borrowings
    		171,235,000 0 228,634,000 0 0 0 100,000,000 0 0 108,000,000 3,000,000 17,000,000 55,500,000 0 2,500,000 6,473,000 136,180,000   9,000,000 0      
      repayments of other borrowings
    		-143,750,000 -70,000,000 -3,634,000 0 -33,750,000 -32,500,000 -30,000,000 0 -68,000,000 -43,000,000 -17,000,000 -15,500,000 -80,000,000 -2,500,000 -6,500,000 0 -22,243,000 -343,000 -24,500,000 -19,500,000 0 -20,375,000 -625,000  -19,117,000 -835,000 
      repurchase of common stock
    		-1,713,000 -18,000 -1,129,000 -118,000 -418,000 -22,000 -1,617,000 -581,000 -1,054,000 -115,322,000 -2,789,000 -14,211,000 -16,256,000 -176,000 -1,489,000 -5,660,000 -13,000 -1,000 -145,000 -8,000 -41,000      
      dividends paid
    		-15,747,000 -15,724,000 -15,685,000 -15,687,000 -15,688,000 -15,687,000 -15,645,000 -15,654,000 -15,644,000 -15,957,000 -16,237,000 -15,439,000 -14,646,000 -13,822,000 -12,954,000 -12,950,000 -10,805,000 -10,756,000 -10,754,000 -10,731,000 -10,729,000 -20,473,000 -1,369,000 -725,000 -2,324,000 -3,030,000 
      net cash from financing activities
    		162,417,000 85,219,000 -193,134,000 441,261,000 -182,393,000 -155,390,000 487,008,000 244,174,000 -162,638,000 172,398,000 -736,663,000 -198,424,000 379,989,000 243,501,000 386,422,000 589,230,000 51,644,000 1,369,005,000 556,031,000 -37,788,000 189,249,000 656,905,000 126,694,000 43,017,000 135,223,000 20,445,000 
      net change in cash and cash equivalents
    		577,306,000 40,751,000 8,009,000 10,280,000 -191,173,000 -145,708,000 394,268,000 138,163,000 -259,972,000 -828,125,000 -1,004,188,000 -451,382,000 265,126,000 377,830,000 602,883,000 360,254,000 -152,178,000 657,004,000 383,737,000 -4,931,000 -9,346,000 413,917,000 34,751,000 -6,238,000 45,629,000 -21,400,000 
      cash and cash equivalents at beginning of period
    		0 0 721,989,000 0 0 0 654,322,000 0 0 0 2,608,444,000 0 0 0 1,813,987,000 0 0 0 565,170,000     0 0 102,290,000 
      cash and cash equivalents at end of period
    		577,306,000 40,751,000 729,998,000 10,280,000 -191,173,000 -145,708,000 1,048,590,000 138,163,000 -259,972,000 -828,125,000 1,604,256,000 -451,382,000 265,126,000 377,830,000 2,416,870,000 360,254,000 -152,178,000 657,004,000 948,907,000    358,798,000 -6,238,000 45,629,000 80,890,000 
      gain on sale of loans
    		  -74,000     343,000 0   -30,000 0   291,000 0   0       
      net decrease in demand deposits, money market and savings accounts
    		  -9,509,000  -238,189,000 -545,034,000 -1,500,907,000                    
      excess tax benefit on restricted stock vested
    		   64,000 120,000 11,000 85,000  -321,000 2,000 -354,000        80,000 0 11,000      
      (gain) loss on sale and disposal of premises and equipment
    		   22,000 56,000 -354,000 -47,000         -59,000 -34,000          
      gain on loans
    		                          
      gain on sale of securities available for sale
    		                0 -26,000 -356,000        
      deferred tax (benefit) expense
    		   -3,918,000 790,000 -1,284,000 -17,347,000         1,003,000 -1,456,000      -599,000    
      proceeds from sales
    		                          
      investment securities held to maturity:
    		                          
      purchase of bank owned life insurance contracts
    		           0               
      net loans originated held for investment
    		   -392,224,000 -163,659,000 849,000 -3,889,000 -296,478,000 -340,367,000 -1,042,302,000 -286,598,000 -189,261,000 110,570,000 127,422,000 -33,926,000 33,742,000 41,201,000 -659,833,000 -89,252,000 17,669,000 -149,412,000      
      loss on sale of loans
    		    7,000      1,484,000        42,000        
      excess tax (benefit) expense on restricted stock vested
    		           -44,000 -421,000 -32,000 -194,000            
      (gain) loss on sale of other real estate owned
    		                          
      loss on sale and disposal of premises and equipment
    		        101,000 46,000 163,000    7,000            
      net decrease in time deposits
    		         -28,194,000 -153,241,000  -37,625,000 -123,758,000 -51,582,000            
      accretion income recognized on acquired loans
    		          -4,081,000 -5,675,000 -4,008,000 -5,246,000 -6,245,000            
      gain on sale of branch
    		                          
      gain on sale of trust business
    		                          
      proceeds from maturities, calls and paydowns of securities available for sale
    		           66,738,000 75,716,000              
      proceeds from sale of securities available for sale
    		           9,113,000 0   0 0 762,000 13,100,000 2,713,000 0      
      purchases of securities available for sale
    		           -349,124,000 -258,148,000 -329,455,000 -7,372,228,000 -154,778,000 -1,174,985,000 -2,710,273,000 -1,530,779,000 -68,850,000 -1,688,996,000   -141,715,000 -13,998,000 -8,205,000 
      purchases of certificates of deposit held in other banks
    		                   -4,000 -747,000      
      proceeds from surrender of bank owned life insurance contracts
    		                   415,000 0      
      cash acquired in connection with acquisition
    		                          
      cash paid in connection with acquisition
    		                   0 0      
      selling costs paid in connection with branch sale
    		                   0       
      net cash transferred in branch sale
    		                   0       
      proceeds from sale of trust business
    		                          
      offering costs paid in connection with acquired bank
    		                   0 0      
      proceeds from maturities, calls and pay downs of securities available for sale
    		              7,200,419,000 55,535,000 1,165,243,000 2,758,230,000 1,528,836,000 72,574,000 1,712,768,000 3,606,424,000 8,868,000    
      accretion of income recognized on acquired loans
    		               -6,844,000 -7,233,000 -7,159,000 -9,142,000 -10,843,000 -9,880,000      
      (gain) loss on sale of securities available for sale
    		                   -10,000 0      
      benefit from loan losses
    		               3,871,000 7,620,000 23,121,000 8,381,000 1,609,000 5,233,000 6,293,000 1,670,000 830,000 1,079,000 1,030,000 
      proceeds from exercise of common stock warrants
    		                          
      gain on sale of premises and equipment
    		                   0       
      gain on sale of branches
    		                          
      gain on sale of repossessed assets
    		                          
      proceeds from sale of repossessed assets
    		                          
      capitalized additions to other real estate
    		                      -10,000 -22,000 -8,000 -55,000 
      net change in repurchase agreements
    		                      1,771,000    
      proceeds from sale of common stock
    		                       -20,000   
      cash and cash equivalents at beginning of year
    		                   0 0 -193,268,000 324,047,000    
      cash and cash equivalents at end of year
    		                   -4,931,000 -9,346,000      
      cash received from acquired bank
    		                    0      
      loss on sale of premises and equipment
    		                          
      net gain on loans held for sale
    		                          
      amortization of core deposit intangibles
    		                      372,000 175,000 176,000 176,000 
      gain recognized on other real estate transactions
    		                      -130,000    
      increase in cash surrender value of life insurance
    		                      -270,000 -80,000 -79,000 -81,000 
      loans originated for sale
    		                      -55,984,000 -37,217,000 -47,940,000 -47,740,000 
      net purchases of fhlb stock
    		                          
      net loans originated
    		                      -102,646,000 -44,337,000 -96,372,000 -49,419,000 
      cash received from acquired banks
    		                          
      cash paid in connection with acquisitions
    		                          
      net increase in demand deposits, now and savings accounts
    		                      98,901,000 46,684,000 53,682,000 8,975,000 
      net change in fhlb advances
    		                      -10,019,000 -3,022,000 -23,000 -49,000 
      offering costs paid in connection with acquired banks
    		                      -144,000    
      net income on sale of premises and equipment
    		                          
      deferred tax benefit
    		                       154,000   
      proceeds from maturities of certificates held in other banks
    		                       3,437,000 897,000 3,038,000 
      repayments of notes payable and other borrowings
    		                          
      amortization (accretion) of premium (discount) on securities
    		                       16,000   
      stock grants amortized
    		                       455,000 412,000 182,000 
      loss on sale of securities available for sale
    		                          
      net (gain) loss on sale of premises and equipment
    		                          
      (gain) loss recognized on other real estate transactions
    		                       0 -148,000 -25,000 
      proceeds from maturities and pay downs of securities available for sale
    		                       123,646,000 13,104,000 6,137,000 
      treasury stock purchased
    		                          
      net (purchases) redemptions of fhlb stock
    		                          
      accretion of discount on securities
    		                         -1,000 
      net gain on sale of premises and equipment
    		                         -1,000 
      net redemptions of fhlb stock
    		                          
    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.