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As Reported Financials

Source Document Currency Code (in thousands) 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 12/31/2018 USD 2018 Y 6/30/2019 USD 2019 Q2 YTD 6/30/2019 USD
Source Document Currency Code 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 12/31/2018 USD 2018 Y 6/30/2019 USD 2019 Q2 YTD 6/30/2019 USD

Assets

Cash and due from banks 54,260 35,238 36,994 23,350 34,461
Interest bearing deposits 31,523 47,956 17,744 46,894 20,676
Cash and Cash Equivalents 85,783 83,194 54,738 70,244 55,137
Interest bearing deposits - time 11,866 5,591 2,739 595 498
Equity securities at fair value NA NA 0 393 0
Trading securities 148 410 455 NA NA
Securities available for sale 585,484 610,616 522,925 427,926 430,305
Federal Home Loan Bank and Federal Reserve Bank stock, at cost 15,471 15,543 15,543 18,359 18,359
Loans held for sale, carried at fair value 27,866 35,946 39,436 44,753 62,883
Payment plan receivables and other assets held for sale 0 33,360 NA NA NA
Loans held for sale, carried at lower of cost or fair value NA NA 0 41,471 0

Loans

Commercial 748,398 804,017 853,260 1,144,481 1,175,970
Mortgage 498,036 538,615 849,530 1,042,890 1,086,309
Installment 234,017 265,616 316,027 395,149 444,247
Payment plan receivables 34,599 NA NA NA NA
Total Loans 1,515,050 1,608,248 2,018,817 2,582,520 2,706,526
Allowance for loan losses (22,570) (20,234) (22,587) (24,888) (25,903)
Net Loans 1,492,480 1,588,014 1,996,230 2,557,632 2,680,623
Other real estate and repossessed assets, net 7,150 5,004 1,643 1,299 1,990
Property and equipment, net 43,103 40,175 39,149 38,777 37,703
Bank-owned life insurance 54,402 54,033 54,572 55,068 55,580
Deferred tax assets, net 39,635 32,818 15,089 5,779 2,746
Capitalized mortgage loan servicing rights, carried at fair value 12,436 13,671 15,699 21,400 17,894
Vehicle service contract counterparty receivables, net 7,229 NA NA NA NA
Other intangibles 2,280 1,932 1,586 6,415 5,870
Goodwill NA NA 0 28,300 28,300
Accrued income and other assets 23,733 28,643 29,551 34,870 40,414
Total Assets 2,409,066 2,548,950 2,789,355 3,353,281 3,438,302

Liabilities and Shareholders' Equity

Deposits

Non-interest bearing 659,793 717,472 768,333 879,549 864,481
Savings and interest-bearing checking 988,174 1,015,724 1,064,391 1,194,865 1,158,910
Reciprocal 50,207 38,657 50,979 182,072 326,326
Time 387,789 453,866 374,872 385,981 384,477
Brokered time NA 0 141,959 270,961 244,691
Total Deposits 2,085,963 2,225,719 2,400,534 2,913,428 2,978,885
Other borrowings 11,954 9,433 54,600 25,700 41,144
Subordinated debentures 35,569 35,569 35,569 39,388 39,422
Other liabilities held for sale 0 718 NA NA NA
Accrued expenses and other liabilities 24,488 28,531 33,719 35,771 48,005
Total Liabilities 2,157,974 2,299,970 2,524,422 3,014,287 3,107,456

Commitments and contingent liabilities

Shareholders' Equity
Preferred stock 0 0 0 0 0
Common stock 339,462 323,745 324,986 377,372 351,894
Accumulated deficit (82,334) (65,657) (54,054) (28,270) (16,617)
Accumulated other comprehensive loss (6,036) (9,108) (5,999) (10,108) (4,431)
Total Shareholders' Equity 251,092 248,980 264,933 338,994 330,846
Total Liabilities and Shareholders' Equity 2,409,066 2,548,950 2,789,355 3,353,281 3,438,302
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.

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