Annual report pursuant to Section 13 and 15(d)

Note 22 - Parent Company Financial Information (Tables)

v3.10.0.1
Note 22 - Parent Company Financial Information (Tables)
 12 Months Ended
Dec. 31, 2018
Notes Tables  
Condensed Balance Sheet [Table Text Block]
    December 31,
2018		   December 31,
2017
ASSETS                
Cash and due from banks   $
9,034
     $
9,891
  
Investment in subsidiary    
778,112
      
665,192
  
Other assets    
239
      
368
  
Total assets   $
787,385
     $
675,451
  
                 
LIABILITIES AND STOCKHOLDERS' EQUITY                
Liabilities:                
Other borrowings   $
64,666
     $
64,632
  
Other liabilities    
8,018
      
3,717
  
Total liabilities    
72,684
      
68,349
  
Stockholders' equity:                
Preferred stock, par value $0.001 per share; 1,000,000 authorized and undesignated at December 31, 2018 and December 31, 2017    
-
      
-
  
Common stock, par value $0.001 per share; 100,000,000 shares authorized; 53,375,195 shares issued and outstanding at December 31, 2018 and 52,992,586 shares issued and outstanding at December 31, 2017    
53
      
53
  
Additional paid-in capital    
218,521
      
217,693
  
Retained earnings    
500,868
      
389,554
  
Accumulated other comprehensive (loss) income    
(4,741
 )    
(198
 )
Total stockholders' equity    
714,701
      
607,102
  
Total liabilities and stockholders' equity   $
787,385
     $
675,451
  
Condensed Income Statement [Table Text Block]
    2018   2017   2016
Income:                        
Dividends received from subsidiary   $
23,000
     $
6,500
     $
2,500
  
Other income    
176
      
2
      
2
  
Total income    
23,176
      
6,502
      
2,502
  
Expense:                        
Other expenses    
2,933
      
2,260
      
2,208
  
Total expenses    
2,933
      
2,260
      
2,208
  
Equity in undistributed earnings of subsidiary    
116,634
      
88,788
      
81,138
  
Net income    
136,877
      
93,030
      
81,432
  
Dividends on preferred stock    
-
      
-
      
-
  
Net income available to common stockholders   $
136,877
     $
93,030
     $
81,432
  
Condensed Cash Flow Statement [Table Text Block]
    2018   2017   2016
Operating activities                        
Net income   $
136,877
     $
93,030
     $
81,432
  
Adjustments to reconcile net income to net cash provided by operating activities:                        
Other    
(1,181
 )    
(314
 )    
1,442
  
Equity in undistributed earnings of subsidiary    
(116,634
 )    
(88,788
 )    
(81,138
 )
Net cash provided by operating activities    
19,062
      
3,928
      
1,736
  
Investing activities                        
Investment in subsidiary    
-
      
-
      
(36,000
 )
Other    
275
      
-
      
-
  
Net cash used in investing activities    
275
      
-
      
(36,000
 )
Financing activities                        
Proceeds from issuance of subordinated notes    
-
      
29,943
      
-
  
Redemption of subordinated notes    
-
      
(20,000
 )    
-
  
Dividends paid on common stock    
(20,194
 )    
(10,040
 )    
(7,858
 )
Net cash provided by financing activities    
(20,194
 )    
(97
 )    
(7,858
 )
Increase (decrease) in cash and cash equivalents    
(857
 )    
3,831
      
(42,122
 )
Cash and cash equivalents at beginning of year    
9,891
      
6,060
      
48,182
  
Cash and cash equivalents at end of year   $
9,034
     $
9,891
     $
6,060