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$503.11M
Net Interest Income
$90.27M
Net Income
70.5%
Efficiency Ratio
2.17%
Net Int. Margin
3.6%
ROE
Financial Statements Annual (10-K)
Showing 5 of 15 annual reports available (2011 - 2025)
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
Interest Income $824.79M $832.79M $613.94M $576.30M $387.26M $329.06M
Interest Expense $314.50M $329.68M $262.35M $207.25M $42.66M $37.90M
Net Interest Income $510.28M $503.11M $351.59M $369.05M $344.60M $291.17M
Provision for Credit Losses $37.91M $41.39M $21.64M $38.21M $11.00M $-500.00K
Net Interest Income After Provision - $461.71M $307.94M $301.50M - -
Non-Interest Income $80.69M $49.89M $48.41M $42.78M $68.94M $143.25M
Other Non-Interest Income - $9.37M $4.07M $5.49M - $6.63M
+ Total Revenue - - $400.00M $411.83M $413.53M $434.41M
Revenue Growth % nan% nan% -2.9% -0.4% -4.8% nan%
Non-Interest Expense $410.17M $389.75M $296.49M $301.51M $288.72M $285.89M
Compensation & Benefits $200.14M $191.20M $160.45M $159.28M $152.74M $150.59M
Occupancy Expense - $29.87M $22.06M $20.20M - -
Marketing Expense - $5.98M $5.24M $4.72M - -
Professional Fees $7.57M $8.09M $10.31M $11.64M $12.04M $15.86M
Other Non-Interest Expense $25.54M $25.16M $27.85M $29.50M $28.42M $26.35M
Income Before Tax $142.89M $121.86M $79.52M $78.32M $113.82M $149.02M
Income Tax Expense $37.66M $31.59M $18.51M $8.72M $21.29M $30.36M
+ Net Income $105.23M $90.27M $61.00M $69.60M $92.53M $118.66M
Net Margin % nan% nan% 15.3% 16.9% 22.4% 27.3%
Basic EPS 1.78 1.03 1.44 1.61 2.03 2.41
Diluted EPS 1.78 1.03 1.43 1.60 2.02 2.39
Breakdown FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
Cash & Due from Banks $201.56M $182.78M $148.15M $145.34M $109.35M
Interest-Bearing Deposits $1.82B $470.71M - - -
Investment Securities - AFS $1.69B $655.72M $1.02B $1.42B $1.88B
Total Investment Securities - - $13.03M $12.86M $15.45M
Loans & Leases (Gross) $18.03B $9.38B $9.04B $8.34B $6.83B
Loans & Leases (Net) $17.78B $9.27B $8.93B $8.24B $6.72B
Goodwill & Intangibles $351.61M $241.22M $241.22M - -
Premises & Equipment $162.47M $56.61M $68.92M $85.22M $94.38M
Other Assets $352.82M $358.44M $341.76M $348.94M $288.38M
Total Assets $23.22B $12.27B $12.43B $11.66B $11.55B
Total Deposits $19.51B $10.38B $10.63B $10.33B $10.07B
Short-term Borrowings - $103.50M $260.00M - -
Long-term Debt $788.36M $1.52B - - -
Other Liabilities - $292.69M $278.63M $256.02M $192.68M
Total Liabilities $20.72B $11.11B $11.42B $10.71B $10.37B
Common Stock $896.00K $562.00K $528.00K $528.00K $528.00K
Retained Earnings $485.86M $-3.08M $-33.14M $-71.43M $-139.38M
Treasury Stock - - - - $89.86M
AOCI $-20.00M $-106.34M $-143.02M $-181.05M $-3.24M
Total Stockholders Equity $2.50B $1.17B $1.01B $954.06M $1.18B
Total Liabilities & Equity $23.22B $12.27B $12.43B $11.66B $11.55B
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
Net Income $130.95M $90.27M $61.00M $69.60M $92.53M $118.66M
Provision for Credit Losses - $41.39M $21.64M $38.21M - -
Depreciation & Amortization - $10.00M $8.00M - - -
Deferred Taxes - $22.35M $392.00K $16.17M - -
Stock-based Compensation - - $8.32M $7.50M $7.34M $4.17M
Net Change in Trading Assets - - - - $-818.00K $-776.00K
Net Change in Loans HFS - - $-805.00K $-2.07M $-5.17M $-5.78M
Operating Cash Flow $309.48M $224.44M $125.21M $157.16M $123.23M $105.48M
Purchases of Securities $85.04M $33.13M $86.55M $44.59M $478.94M $804.62M
Sales of Securities $176.31M $176.31M $361.87M $267.20M $149.99M -
Maturities of Securities $251.84M $189.96M $88.19M $201.62M $548.42M $575.54M
Net Change in Loans - - $493.72M $716.59M $1.56B $-1.26B
Capital Expenditures $21.25M $12.29M $4.57M $1.82M $1.50M $1.61M
Acquisitions - $-1.08B - $80.21M - -
Investing Cash Flow $2.16B $2.30B $-317.25M $-284.46M $-1.27B $600.55M
Net Change in Deposits - - $160.14M $306.12M $258.32M $-154.05M
Long-term Debt Issued - - - - - -
Long-term Debt Repaid - - - - - $462.06M
Common Stock Repurchased - - $17.54M $23.84M $124.52M $68.71M
Dividends Paid $88.20M $63.12M $30.94M $31.71M $24.53M $24.55M
Financing Cash Flow $-1.60B $-1.03B $117.21M $645.19M $207.69M $-636.10M
Net Change in Cash $870.33M $1.50B $-74.83M $517.89M $-942.45M $69.93M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Interest Expense $83.56M $76.55M $214.01M $218.90M
Income Before Tax $-71.87M $26.75M $-16.80M $67.87M
Income Tax Expense $-21.63M $6.61M $-7.68M $16.69M
Net Income $-50.24M $20.14M $-9.11M $51.18M
Basic EPS -0.57 0.23 -0.10 0.58
Diluted EPS -0.57 0.23 -0.10 0.57
Basic Shares Outstanding $87.51M $89.03M $88.57M $88.94M
Diluted Shares Outstanding $87.51M $89.32M $88.57M $89.24M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $1.22B $543.67M
Property Plant & Equipment $158.38M $86.78M
Goodwill $353.47M $241.22M
Intangible Assets $198.34M $17.46M
Total Assets $22.82B $11.91B
Long-term Debt $1.08B $1.52B
Total Liabilities $20.41B $10.68B
Common Stock $896.00K $970.00K
Total Stockholders Equity $2.41B $1.22B
Total Liabilities & Equity $22.82B $11.91B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $-50.24M $20.14M $-9.11M $51.18M
Operating Cash Flow - - $57.01M $61.47M
Capital Expenditure - - $4.45M $3.17M
Acquisitions - - $-1.08B -
Sales of Investments - - $98.92M $152.55M
Investing Cash Flow - - $1.94B $-51.11M
Dividends Paid - - $36.09M $36.03M
Financing Cash Flow - - $-1.32B $264.50M
Net Change in Cash - - $676.95M $274.86M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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