Annual Review 2018

financial summary

consolidated statements of income (unaudited)

INTEREST INCOME

$60,024 12/31/17

$78,033 12/31/18

Loans, Including Fees Investment Securities Other

6,694

5,981

499

341

Total Interest Income

85,226

66,346

Interest expense Deposits Notes Payable Federal Home Loan Bank Advances

15,972

9,719

594 1,718 1,568

656 880 749 169

Subordinated Debentures Federal Funds Purchased Total Interest Expense NET INTEREST INCOME provision for loan losses net interest income after provision for loan losses noninterest income Customer Services Fees

636

20,488 64,738

12,173

54,173

3,575

4,175

61,163

49,998

745

660

Net Loss on Sales of Available for Sale Securities Net Gain (Loss) on Sales of Foreclosed Assets Other Income Total Noninterest Income Noninterest expense Salaries and Employee Benefits Occupancy Other

(125) (225) 2,148 2,543

(250)

356

1,770

2,536

18,620

14,051 2,192 9,253

2,351

10,591

Total NonInterest Expense income before income taxes provision for income taxes

31,562 32,144

25,496 27,038

5,224

10,149

net income

$

$

26,920

16,889

contents Consolidated Statements of income Consolidated balance sheets Consolidated Shareholders’ equity

*Dollars in thousands

19 20

21

Directors

22-23 24-25

Strategic leadership team

18

19