CASH 2018 Annual Report

107 META FINANCIAL GROUP, INC. AND SUBSIDIARIES Consolidated Statements of Changes in Stockholders' Equity For the Years Ended September 30, 2016, 2017 and 2018 All share and per share data for all periods presented in the following table has been adjusted to reflect the 3-for-1 forward stock split of the Company's common stock effected by the Company on October 4, 2018. Meta Financial Group Stockholder's Equity (Dollars in Thousands, Except Share and Per Share Data) Common Stock Additional Paid-in Capital Retained Earnings Accumulated Other Comprehensive Income (Loss), Net of Tax Treasury Stock Total Meta Stockholders’ Equity Non- controlling Interest Total Equity Balance, September 30, 2015 $ 245 $ 170,586 $ 98,359 $ 2,455 $ (310) $ 271,335 $ — $ 271,335 Cash dividends declared on common stock ($0.17 per share) — — (4,389) — — (4,389) — (4,389) Issuance of common shares from the sales of equity securities 8 11,493 — — — 11,501 — 11,501 Issuance of common shares due to issuance of stock options and restricted stock 2 2,045 — — 310 2,357 — 2,357 Stock compensation — 486 — — — 486 — 486 Net change in unrealized gains (losses) on securities, net of income taxes — — — 20,465 — 20,465 — 20,465 Net income — — 33,220 — — 33,220 — 33,220 Balance, September 30, 2016 $ 255 $ 184,610 $ 127,190 $ 22,920 $ — $ 334,975 $ — $ 334,975 Balance, September 30, 2016 $ 255 $ 184,610 $ 127,190 $ 22,920 $ — $ 334,975 $ — $ 334,975 Adoption of Accounting Standards Update 2016-09 — 104 (104) — — — — — Cash dividends declared on common stock ($0.17 per share) — — (4,839) — — (4,839) — (4,839) Issuance of common shares due to exercise of stock options — 650 — — — 650 — 650 Issuance of common shares due to restricted stock 12 — — — — 12 — 12 Issuance of common shares due to ESOP — 1,174 — — — 1,174 — 1,174 Issuance of common shares due to acquisition 21 37,275 — — — 37,296 — 37,296 Contingent consideration equity earnout due to acquisition — 24,142 — — — 24,142 — 24,142 Shares repurchased for tax withholdings on stock compensation — (204) — — (266) (470) — (470) Stock compensation — 10,393 — — — 10,393 — 10,393 Net change in unrealized losses on securities, net of income taxes — — — (13,754) — (13,754) — (13,754) Net income — — 44,917 — — 44,917 — 44,917 Balance, September 30, 2017 $ 288 $ 258,144 $ 167,164 $ 9,166 $ (266) $ 434,496 $ — $ 434,496 Balance, September 30, 2017 $ 288 $ 258,144 $ 167,164 $ 9,166 $ (266) $ 434,496 $ — $ 434,496 Cash dividends declared on common stock ($0.18 per share) — — (5,736) — — (5,736) — (5,736) Issuance of common shares due to exercise of stock options 1 147 — — — 148 — 148 Issuance of common shares due to restricted stock 4 — — — — 4 — 4 Issuance of common shares due to ESOP 1 1,605 — — — 1,606 — 1,606 Issuance of common shares due to acquisition 99 295,667 — — — 295,766 — 295,766 Shares repurchased for tax withholdings on stock compensation — (875) — (1,723) (2,598) — (2,598) Stock compensation — 11,123 — — — 11,123 — 11,123 Net change in unrealized losses on securities, net of income taxes — — — (42,277) — (42,277) — (42,277) Net income — — 51,620 — — 51,620 673 52,293 Non-controlling interest due to acquisition — — — — — — 3,167 3,167 Distributions to non-controlling interest — — — — — — (266) (266) Balance, September 30, 2018 $ 393 $ 565,811 $ 213,048 $ (33,111) $ (1,989) $ 744,152 $ 3,574 $ 747,726 See Notes to Consolidated Financial Statements.