Overview Financials News + Filings Key Docs Charts Ownership Insiders
|
In millions, except per share items | Jun-30-23 | Dec-31-22 | Sep-30-22 | Jun-30-22 | Mar-31-22 | Dec-31-21 | Sep-30-21 | Jun-30-21 |
| 10-Q | 8-K | 10-Q | 10-Q | 10-Q | 10-K | 10-Q | 10-Q |
ASSETS | | | | | | | | |
Cash and due from banks | 29.8 | | 37.5 | 40.8 | 32.7 | 14.5 | 31.7 | 31.5 |
Interest earning deposits with other banks | 245.3 | | 373.2 | 364.9 | 649.4 | 798.7 | 638.0 | 251.4 |
Investment securities, available for sale, at fair value | 98.2 | | | | | | | |
|
Investment securities, held to maturity, at amortized cost | | | | | | | | |
Other investments | | | | | | | | |
Loans held for sale | 35.9 | | 43.3 | | | | | |
Loans receivable | 3,007.6 | | | | | | | |
Allowance for credit losses | -110.8 | | | | | | | |
Total loans receivable, net | 2,896.8 | | 2,448.6 | | | | | |
|
CCBX credit enhancement asset | | | | | | | | |
CCBX receivable | 19.1 | | | | | | | |
Premises and equipment, net | 18.9 | | 18.5 | 18.7 | 18.1 | 17.2 | 17.2 | 17.2 |
Operating lease right-of-use assets | 6.2 | | 5.3 | 5.6 | 5.8 | 6.1 | 6.4 | 6.6 |
Accrued interest receivable | 21.6 | | 13.1 | 12.4 | 8.8 | 8.1 | 7.5 | 8.1 |
Bank-owned life insurance, net | 12.9 | | 12.6 | 12.5 | 12.3 | 12.3 | 12.2 | 12.1 |
Deferred tax asset, net | 25.8 | | 14.0 | 11.7 | 6.9 | 6.8 | 3.8 | 3.8 |
Other assets | 3.4 | | 3.8 | 38.0 | 28.1 | 12.7 | 6.0 | 4.0 |
Total assets | 3,535.3 | 3,144.5 | 3,133.7 | 2,969.7 | 2,833.8 | 2,635.5 | 2,451.6 | 2,007.1 |
|
LIABILITIES AND SHAREHOLDERS’ EQUITY | | | | | | | | |
LIABILITIES | | | | | | | | |
Deposits | 3,162.6 | 2,817.5 | 2,837.1 | 2,697.3 | 2,576.5 | 2,363.8 | 2,223.5 | 1,801.7 |
Principal amount $45,000 (less unamortized debt issuance costs of $931 and $1,001) at June 30, 2023 and December 31, 2022, respectively | 44.1 | | 24.3 | 24.3 | 24.3 | 24.3 | 24.3 | 10.0 |
Principal amount $3,609 | 3.6 | | | | | | | |
Deferred compensation | 0.5 | | 0.6 | 0.7 | 0.7 | 0.7 | 0.8 | 0.8 |
Accrued interest payable | 0.8 | | 0.2 | 0.3 | 0.1 | 0.4 | 0.1 | 0.2 |
Operating lease liabilities | 6.4 | | 5.5 | 5.8 | 6.1 | 6.3 | 6.6 | 6.8 |
CCBX payable | 27.7 | | | | | | | |
Other liabilities | 17.0 | | 33.7 | 20.0 | 14.6 | 10.2 | 6.6 | 4.9 |
Total liabilities | 3,262.6 | 2,817.5 | 2,905.0 | 2,752.1 | 2,625.8 | 2,434.3 | 2,290.5 | 1,853.0 |
|
SHAREHOLDERS’ EQUITY | | | | | | | | |
Authorized: 300 | 128.3 | | 123.9 | 123.2 | 122.6 | 121.8 | 89.0 | 88.7 |
Retained earnings | 146.0 | | 106.9 | 95.8 | 85.6 | 79.4 | 72.1 | 65.4 |
Accumulated other comprehensive loss, net of tax | -1.7 | | -2.1 | -1.3 | -0.3 | 0.0 | 0.0 | 0.0 |
Total shareholders’ equity | 272.7 | 243.5 | 228.7 | 217.7 | 207.9 | 201.2 | 161.1 | 154.1 |
Total liabilities and shareholders’ equity | 3,535.3 | | 3,133.7 | 2,969.7 | 2,833.8 | 2,635.5 | 2,451.6 | 2,007.1 |
|