Assets
|
| |
Cash and Investments |
$268,432 |
| |
Loans Receivable |
1,575,292 |
| |
Federal Home Loan Bank Stock |
4,170 |
| |
Premises and Equipment |
48,289 |
| |
Other Assets |
53,830 |
| Total Assets |
$1,950,013 |
| |
|
|
Liabilities
|
| |
Deposits |
$1,646,957 |
| |
Borrowed Funds |
0 |
| |
Escrow |
21,275 |
| |
Other Liabilities |
36,795 |
| |
|
$1,705,027 |
Net Worth
|
244,986 |
| Total Liabilities and Net Worth |
$1,950,013 |
|
|
|
Statement of Operations
September 30, 2018 (In Thousands)
|
Interest Income
|
| |
Interest on Investments |
$6,181 |
| |
Interest on Loans |
64,171 |
| |
|
$70,352 |
| |
|
|
Interest Expense
|
| |
Interest on Deposits |
$6,833 |
| |
Interest on Borrowed Funds |
21 |
| |
|
$6,854 |
| |
|
|
| Net Interest Income |
$63,498 |
| |
|
|
Non-Interest Income
|
| |
Service Charges and Fees |
$12,970 |
| |
Gain on Sale of Loans |
1,454 |
| |
Other |
1,337 |
| |
|
$15,761 |
| |
|
|
Non-Interest Expense
|
| |
Salaries & Benefits |
$36,196 |
| |
Occupancy and Equipment |
10,104 |
| |
Advertising and Promotion |
2,612 |
| |
Data Processing |
3,265 |
| |
Other |
9,984 |
| |
|
$62,161 |
| |
|
|
| Income Before Taxes |
17,098 |
| Income Taxes |
7,741 |
| Net Income |
$9,357 |