Assets
|
| |
Cash and Investments |
$295,827 |
| |
Loans Receivable |
1,487,561 |
| |
Federal Home Loan Bank Stock |
4,251 |
| |
Premises and Equipment |
45,677 |
| |
Other Assets |
58,303 |
| Total Assets |
$1,891,619 |
| |
|
|
Liabilities
|
| |
Deposits |
$1,600,807 |
| |
Borrowed Funds |
0 |
| |
Escrow |
21,961 |
| |
Other Liabilities |
33,258 |
| |
|
$1,656,026 |
Net Worth
|
235,593 |
| Total Liabilities and Net Worth |
$1,891,619 |
|
|
|
Statement of Operations
September 30, 2017 (In Thousands)
|
Interest Income
|
| |
Interest on Investments |
$4,660 |
| |
Interest on Loans |
60,065 |
| |
|
$64,725 |
| |
|
|
Interest Expense
|
| |
Interest on Deposits |
$5,282 |
| |
Interest on Borrowed Funds |
0 |
| |
|
$5,282 |
| |
|
|
| Net Interest Income |
$59,443 |
| |
|
|
Non-Interest Income
|
| |
Service Charges and Fees |
$12,646 |
| |
Gain on Sale of Loans |
1,561 |
| |
Other |
1,782 |
| |
|
$15,989 |
| |
|
|
Non-Interest Expense
|
| |
Salaries & Benefits |
$35,981 |
| |
Occupancy and Equipment |
9,743 |
| |
Advertising and Promotion |
2,558 |
| |
Data Processing |
4,287 |
| |
Other |
10,483 |
| |
|
$63,043 |
| |
|
|
| Income Before Taxes |
12,389 |
| Income Taxes |
4,956 |
| Net Income |
$7,433 |