CASH 2017 Annual Report

138 Payments Banking Corporate Services/ Other Total Year Ended September 30, 2015 Interest income $ 7,261 $ 31,394 $ 22,952 $ 61,607 Interest expense 169 1,377 841 2,387 Net interest income 7,092 30,017 22,111 59,220 Provision for loan losses — 689 776 1,465 Non-interest income 54,417 3,358 399 58,174 Non-interest expense 47,731 19,028 29,747 96,506 Income (loss) before income tax expense (benefit) 13,778 13,658 (8,013) 19,423 Total assets 93,336 724,834 1,711,535 2,529,705 Total goodwill 25,350 11,578 — 36,928 Total deposits 1,424,304 233,235 (5) 1,657,534 NOTE 17. PARENT COMPANY FINANCIAL STATEMENTS Presented below are condensed financial statements for the parent company, Meta Financial, at the dates and for the years presented below. CONDENSED STATEMENTS OF FINANCIAL CONDITION September 30, 2017 2016 (Dollars in Thousands) ASSETS Cash and cash equivalents $ 14,569 $ 15,716 Investment in subsidiaries 521,021 403,574 Other assets 406 413 Total assets $ 535,996 $ 419,703 LIABILITIES AND STOCKHOLDERS' EQUITY LIABILITIES Long term debt $ 83,657 $ 83,521 Other liabilities 17,843 1,207 Total liabilities $ 101,500 $ 84,728 STOCKHOLDERS' EQUITY Common stock $ 96 $ 85 Additional paid-in capital 258,336 184,780 Retained earnings 167,164 127,190 Accumulated other comprehensive income 9,166 22,920 Treasury stock, at cost (266) — Total stockholders' equity $ 434,496 $ 334,975 Total liabilities and stockholders' equity $ 535,996 $ 419,703