Financial Highlights
2020 FQ1 YTD
3/31/2020
2019 FY
12/31/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
Assets ($000)
Cash and Due from Banks 27,463 13,276 12,800 12,184 10,086
Fed Funds Sold 0 0 0 0 0
Deposits at Financial Institutions 129,720 36,511 105,761 39,362 25,771
Securities Purchased, to Resell 0 0 0 0 0
Other Cash & Cash Equivalents 0 0 0 0 0
Cash and Cash Equivalents 157,184 49,787 118,561 51,546 35,857
Trading Account Securities 0 0 0 0 0
Available for Sale Securities 715,412 772,500 822,655 738,354 861,381
Held to Maturity Securities 58,154 58,888 32,018 30,886 37,735
Other Securities 75,349 58,247 58,531 61,194 60,188
Total Cash & Securities 1,006,099 939,422 1,031,765 881,980 995,161
Gross Loans Held for Investment 5,932,088 5,772,206 5,551,484 5,176,999 4,835,693
Loan Loss Reserve 28,098 21,751 20,945 20,351 22,229
Loans Held for Sale, before Reserves 0 0 0 0 0
Total Net Loans 5,903,990 5,750,455 5,530,539 5,156,648 4,813,464
Real Estate Owned and Held for Investment 208 239 0 0 533
Goodwill 16,127 16,127 16,127 16,127 16,127
Core Deposit Intangibles 0 0 0 0 0
Other Intangibles 143 164 215 0 0
Intangible Assets other than Goodwill 143 164 215 0 0
Total Intangible Assets 16,270 16,291 16,342 16,127 16,127
Loan Servicing Rights 0 0 0 0 0
Credit Card Rights 0 0 0 0 0
Other Loan Servicing Rights NA NA NA 189 133
Total Servicing Rights NA NA NA 189 133
Fixed Assets 67,628 69,930 30,418 30,836 26,561
Interest Receivable 25,526 25,722 25,485 21,405 20,228
Prepaid Expense 7,539 3,811 4,679 2,201 2,533
Bank-owned Life Insurance 158,655 157,713 131,788 131,856 132,508
Other Assets 59,495 54,193 63,160 58,032 51,239
Total Other Assets 318,843 311,369 255,530 244,330 233,069
Total Assets 7,245,410 7,017,776 6,834,176 6,299,274 6,058,487
Memo: Consolidated VIE Assets 0 0 0 0 0
Memo: Covered Loans 0 0 0 0 0
Memo: Covered OREO 0 0 0 0 0
Memo: Covered Securities 0 0 0 0 0
Memo: Covered Assets 0 0 0 0 0
Liabilities ($000)
Total Deposits 4,901,486 5,066,424 4,960,784 4,383,278 4,205,631
FHLB Borrowings 1,498,058 1,118,528 1,134,993 1,198,968 1,159,190
Senior Debt 1,545,784 1,167,895 1,134,993 1,198,968 1,159,190
Trust Preferred (FAS 150) 45,126 44,384 41,849 36,986 33,959
Total Subordinated Debt 119,524 118,703 115,850 110,685 107,373
Redeemable Financial Instruments (FAS 150) 0 0 0 0 0
Total Debt 1,665,308 1,286,598 1,250,843 1,309,653 1,266,563
Total Other Liabilities 128,933 85,082 73,085 73,735 72,440
Total Liabilities 6,695,727 6,438,104 6,284,712 5,766,666 5,544,634
Memo: Consolidated VIE Liabilities 0 0 0 0 0
Mezzanine ($000)
Redeemable Preferred 0 0 0 0 0
Trust Preferred Securities 0 0 0 0 0
Total Minority Interest 0 0 0 0 0
Other Mezzanine Items 0 0 0 0 0
Total Mezzanine Level Items 0 0 0 0 0
Equity ($000)
TARP Preferred Equity 0 0 0 0 0
Other Preferred Equity 0 0 0 0 0
Total Preferred Equity 0 0 0 0 0
Common Equity 549,683 579,672 549,464 532,608 513,853
Equity Attributable to Parent Company 549,683 579,672 549,464 532,608 513,853
Noncontrolling Interests 0 0 0 0 0
Total Equity 549,683 579,672 549,464 532,608 513,853
Net Unrealized Gain (14,159) (3,982) (15,649) (5,522) (3,859)
Tot Acc Other Comprehensive Inc (32,440) (9,807) (12,752) (8,986) (8,362)
Balance Sheet Analysis (%)
Gross Loans HFI/ Total Assets 81.87 82.25 81.23 82.18 79.82
Loans/ Deposits 121.03 113.93 111.91 118.11 114.98
Loan Loss Reserves/ Gross Loans 0.47 0.38 0.38 0.39 0.46
Reserves/ Loans Held For Investment 0.47 0.38 0.38 0.39 0.46
One Year Gap/ Assets NA (5.08) 0.40 1.87 1.91
1-4 Loans Serviced for Others($000) 0 0 0 0 0
Level 1 Assets($000) 12,476 12,216 11,586 11,575 0
Level 2 Assets($000) 701,581 761,304 825,774 733,057 860,370
Level 3 Assets($000) 2,822 2,652 5,402 9,614 22,862
Level 1 Liabilities($000) 0 0 0 0 0
Level 2 Liabilities($000) 70,611 19,653 2,239 3,758 3,386
Level 3 Liabilities($000) 45,126 44,384 41,849 36,986 33,959
FTE Employees(actual) 467 464 468 456 459
Annualized Growth Rates (%)
Asset Growth 12.97 2.69 8.49 3.97 6.20
Gross Loans HFI Growth 11.08 3.98 7.23 7.06 10.20
Deposit Growth (13.02) 2.13 13.18 4.22 8.04
Average Balances ($000)
Avg Gross Loans HFI 5,794,866 5,621,033 5,316,968 4,999,738 4,600,682
Avg Loans HFS 0 0 0 3,821 0
Average Loans, Gross of Reserves 5,794,866 5,621,033 5,316,968 4,988,613 4,600,682
Avg Securities 815,173 876,518 801,644 865,988 967,544
Avg Other Int Earn Assets 109,818 84,922 75,636 61,472 58,522
Avg Secs & Other Int Earn Assets 924,991 961,440 877,280 927,460 1,026,066
Avg Interest Earning Assets 6,719,857 6,582,473 6,194,248 5,916,073 5,626,748
Avg Assets 7,106,998 6,947,881 6,504,598 6,217,746 5,913,534
Avg CDs 1,267,245 1,532,440 1,483,026 1,390,491 1,409,772
Avg Other Interest-bearing Deposits 3,377,051 3,073,061 2,872,097 2,707,818 2,395,202
Avg Interest-bearing Deposits 4,644,296 4,605,501 4,355,123 4,098,309 3,804,974
Avg Debt 1,307,629 1,251,452 1,162,429 1,169,791 1,231,015
Avg Interest-bearing Liabs 5,951,925 5,856,953 5,517,552 5,268,100 5,035,989
Avg Noninterest-bearing Deposits 449,761 407,450 380,889 348,518 305,096
Avg Total Deposits 5,094,057 5,012,951 4,736,012 4,446,827 4,110,070
Avg Preferred Equity 0 0 0 0 0
Avg Common Equity 576,597 561,289 534,735 530,300 496,820
Avg Equity 576,597 561,289 534,735 530,300 496,820
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