Skip to content
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 203,572 186,299 102,024 187,574 158,686
Fed Funds Sold 0 0 0 0 10,000
Deposits at Financial Institutions 751,054 384,590 29,980 256,513 339,048
Securities Purchased, to Resell 0 0 0 0 0
Other Cash & Cash Equivalents 0 0 0 0 0
Cash and Cash Equivalents 954,626 570,889 132,004 444,087 507,734
Trading Account Securities 0 0 0 0 0
Available for Sale Securities 1,089,136 1,085,936 685,350 763,002 316,435
Held to Maturity Securities 0 0 0 0 0
Other Securities 61,435 36,288 27,820 30,134 27,083
Total Cash & Securities 2,105,197 1,693,113 845,174 1,237,223 851,252
Gross Loans Held for Investment 11,816,675 11,614,275 7,884,497 6,471,675 4,570,654
Loan Loss Reserve 58,403 51,461 44,802 39,402 31,591
Loans Held for Sale, before Reserves 39,427 35,645 32,727 39,202 9,795
Total Net Loans 11,797,699 11,598,459 7,872,422 6,471,475 4,548,858
Real Estate Owned and Held for Investment 2,994 4,819 4,200 7,126 1,972
Goodwill 994,021 994,021 721,797 621,458 258,319
Core Deposit Intangibles 97,565 100,741 45,042 43,244 14,177
Other Intangibles 0 0 0 0 0
Intangible Assets other than Goodwill 97,565 100,741 45,042 43,244 14,177
Total Intangible Assets 1,091,586 1,094,762 766,839 664,702 272,496
Loan Servicing Rights 0 0 0 0 0
Credit Card Rights 0 0 0 0 0
Other Loan Servicing Rights 0 0 0 0 0
Total Servicing Rights 0 0 0 0 0
Fixed Assets 275,813 274,687 167,866 147,835 89,898
Interest Receivable 35,777 35,860 24,253 20,835 12,331
Prepaid Expense NA 9,692 11,770 NA NA
Bank-owned Life Insurance 216,422 215,081 129,521 113,170 57,209
Other Assets 48,380 31,734 27,920 22,097 18,785
Total Other Assets 576,392 567,054 361,330 303,937 178,223
Total Assets 15,573,868 14,958,207 9,849,965 8,684,463 5,852,801
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 11,882,766 11,941,336 7,737,794 6,632,822 4,577,109
FHLB Borrowings 975,000 325,000 290,000 530,667 460,746
Senior Debt 975,000 353,978 290,000 530,667 460,746
Trust Preferred (FAS 150) 53,874 53,824 27,852 27,654 18,147
Total Subordinated Debt 231,734 256,075 165,168 164,565 125,446
Redeemable Financial Instruments (FAS 150) 0 0 0 0 0
Total Debt 1,206,734 610,053 455,168 695,232 586,192
Total Other Liabilities 98,083 67,045 50,570 20,391 17,135
Total Liabilities 13,187,583 12,618,434 8,243,532 7,348,445 5,180,436
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 2,386,285 2,339,773 1,606,433 1,336,018 672,365
Equity Attributable to Parent Company 2,386,285 2,339,773 1,606,433 1,336,018 672,365
Noncontrolling Interests 0 0 0 0 0
Total Equity 2,386,285 2,339,773 1,606,433 1,336,018 672,365
Net Unrealized Gain 30,672 19,310 (8,305) (487) (1,100)
Tot Acc Other Comprehensive Inc 30,672 19,310 (8,305) (487) (1,100)
Balance Sheet Analysis (%)
Gross Loans HFI/ Total Assets 75.88 77.64 80.05 74.52 78.09
Loans/ Deposits 99.44 97.26 101.90 97.57 99.86
Loan Loss Reserves/ Gross Loans 0.49 0.44 0.57 0.61 0.69
Reserves/ Loans Held For Investment 0.49 0.44 0.57 0.61 0.69
One Year Gap/ Assets NA NA NA NA NA
1-4 Loans Serviced for Others($000) NA NA NA NA NA
Level 1 Assets($000) 0 0 0 10,349 0
Level 2 Assets($000) 1,144,954 1,122,097 714,512 752,653 316,435
Level 3 Assets($000) 14,021 6,894 3,824 8,963 1,308
Level 1 Liabilities($000) 0 0 0 0 0
Level 2 Liabilities($000) 24,462 6,635 740 0 0
Level 3 Liabilities($000) 0 0 0 0 0
FTE Employees(actual) 1,445 1,469 1,087 924 577
Annualized Growth Rates (%)
Asset Growth 16.46 51.86 13.42 48.38 15.78
Gross Loans HFI Growth 6.97 47.31 21.83 41.59 14.61
Deposit Growth (1.96) 54.32 16.66 44.91 13.62
Average Balances ($000)
Avg Gross Loans HFI 11,715,475 10,880,061 7,292,693 5,705,106 4,254,017
Avg Loans HFS 37,536 49,051 30,442 20,163 10,150
Average Loans, Gross of Reserves 11,537,343 11,179,161 7,254,635 5,871,990 4,234,368
Avg Securities 1,094,478 1,100,614 780,822 638,409 296,132
Avg Other Int Earn Assets 537,575 504,309 179,411 409,976 290,316
Avg Secs & Other Int Earn Assets 1,632,053 1,604,923 960,233 1,048,385 586,448
Avg Interest Earning Assets 13,169,396 12,784,084 8,214,868 6,920,375 4,820,816
Avg Assets 14,965,628 14,555,315 9,478,934 7,966,421 5,469,542
Avg CDs 1,817,209 1,795,391 1,009,644 1,002,753 830,964
Avg Other Interest-bearing Deposits 6,932,031 6,542,281 4,232,760 3,498,922 2,341,379
Avg Interest-bearing Deposits 8,749,240 8,337,672 5,242,404 4,501,675 3,172,343
Avg Debt 658,865 719,203 680,789 626,337 571,100
Avg Interest-bearing Liabs 9,408,105 9,056,875 5,923,193 5,128,012 3,743,443
Avg Noninterest-bearing Deposits 3,097,184 3,139,805 2,052,675 1,671,872 1,076,340
Avg Total Deposits 11,846,424 11,477,477 7,295,079 6,173,547 4,248,683
Avg Preferred Equity 0 0 0 0 855
Avg Common Equity 2,369,225 2,267,103 1,476,688 1,139,573 634,941
Avg Equity 2,369,225 2,267,103 1,476,688 1,139,573 635,864
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.