Overview Financials News + Filings Key Docs Charts Ownership Insiders
|
In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
ASSETS | | | | | | | | |
Cash and due from banks | 61.6 | 54.4 | 63.6 | 65.7 | 39.2 | 52.6 | 37.2 | 31.3 |
Interest-bearing deposits with banks | 206.7 | 211.2 | 240.1 | 135.8 | 133.2 | 97.0 | 163.2 | 169.6 |
Cash and cash equivalents | 268.3 | 265.5 | 303.8 | 201.5 | 172.4 | 149.6 | 200.4 | 200.9 |
Investment securities | 634.9 | 534.5 | 488.0 | | | | | |
Equity securities | 15.8 | 13.8 | 13.4 | | | | | |
Loans held-for-sale | 13.8 | 0.3 | 4.7 | | | | | |
Loans receivable | 8,099.7 | 6,828.6 | | | | | | |
Less: Allowance for credit losses - loans | 90.5 | 78.8 | | | | | | |
Net loans receivable | 8,009.2 | 6,749.8 | | | | | | |
Investment in restricted stock, at cost | 46.6 | 27.8 | 25.1 | 27.4 | 31.1 | 33.5 | 24.3 | 32.6 |
Bank premises and equipment, net | 27.8 | 29.0 | 30.1 | 19.2 | 19.1 | 21.7 | 22.1 | 22.3 |
Accrued interest receivable | 46.1 | 34.2 | 35.3 | 20.9 | 18.2 | 15.5 | 13.0 | 12.5 |
Bank owned life insurance | 231.3 | 195.7 | 166.0 | 138.0 | 113.8 | 111.3 | 98.4 | 78.8 |
Right of use operating lease assets | 10.2 | 11.0 | 16.2 | 15.1 | | | | |
Other real estate owned | 0.3 | | | | | 0.5 | 0.6 | 2.5 |
Goodwill | 208.4 | 208.4 | 208.4 | 162.6 | 145.9 | 145.9 | 145.9 | 145.9 |
Core deposit intangibles | 7.3 | 9.0 | 11.0 | 5.5 | 1.7 | 2.4 | 3.1 | 3.9 |
Other assets | 125.1 | 50.4 | 88.5 | 59.5 | 30.2 | 28.3 | 37.2 | 24.1 |
Total assets | 9,644.9 | 8,129.5 | 7,547.3 | 6,174.0 | 5,462.1 | 5,108.4 | 4,426.3 | 4,015.9 |
|
Deposits: | | | | | | | | |
Noninterest-bearing | 1,501.6 | 1,617.0 | 1,339.1 | 861.7 | 768.6 | 776.8 | 695.0 | 650.8 |
Interest-bearing | 12,220.9 | 4,715.9 | 4,620.1 | 3,905.8 | 3,323.5 | 3,018.3 | 2,649.3 | 2,140.2 |
Total deposits | 21,079.2 | 6,333.0 | 5,959.2 | 4,767.5 | 4,092.1 | 3,795.1 | 3,344.3 | 2,791.0 |
Borrowings | 857.6 | 468.2 | 426.0 | 500.3 | | | | |
Subordinated debentures, net | 153.3 | 153.0 | 202.6 | 128.9 | 128.6 | 54.7 | 54.5 | 54.3 |
Operating lease liabilities | 11.4 | 12.4 | 18.0 | | | | | |
Other liabilities | 87.3 | 38.8 | 26.2 | 29.7 | 27.5 | | | |
Total liabilities | 8,466.2 | 7,005.3 | 6,632.0 | 5,442.8 | 4,848.2 | 4,543.0 | 3,895.3 | 3,538.6 |
|
COMMITMENTS AND CONTINGENCIES | | | | | | | | |
STOCKHOLDERS’ EQUITY | | | | | | | | |
Preferred Stock, no par value; $1,000 per share liquidation preference; Authorized 5,000,000 shares; issued 115,000 shares as of June 30, 2023 and as of December 31, 2022; outstanding 115,000 shares as of June 30, 2023 and as of December 31, 2022 | 110.9 | 110.9 | | | | | | 11.3 |
Common stock | 586.9 | 586.9 | 586.9 | 468.6 | 412.5 | 412.5 | 412.7 | 374.3 |
Additional paid-in capital | 30.1 | 27.2 | 23.9 | 21.3 | 15.5 | 13.6 | 11.4 | 8.5 |
Retained earnings | 535.9 | 440.2 | 332.0 | 271.8 | 211.3 | 160.0 | 126.5 | 104.6 |
Accumulated other comprehensive loss | -32.4 | -1.4 | 14.2 | 5.3 | -8.8 | -4.0 | 1.9 | 0.2 |
Total stockholders’ equity | 1,178.8 | 1,124.2 | 915.3 | 731.2 | 613.9 | 565.4 | 531.0 | 477.3 |
Total liabilities and stockholders’ equity | 9,644.9 | 8,129.5 | 7,547.3 | 6,174.0 | 5,462.1 | 5,108.4 | 4,426.3 | 4,015.9 |
|