As Reported Financial Statements

As Reported Financials

Source Document Currency Code (in thousands) 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 3/31/2018 USD 2018 Q1 YTD 3/31/2018 USD
Source Document Currency Code 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 3/31/2018 USD 2018 Q1 YTD 3/31/2018 USD

ASSETS

Cash and due from banks 71,077 117,657 177,083 199,624 188,418
Interest bearing deposits 54,995 144,260 70,636 61,576 53,630
Total cash and cash equivalents 126,072 261,917 247,719 261,200 242,048
Securities-trading, amortized cost 40,258 34,134 24,568 22,318 25,574
Securities-available-for-sale, amortized cost 411,021 1,138,573 806,428 919,485 1,406,505
Securities-held-to-maturity, fair value 131,258 220,666 267,873 260,271 262,645
Federal Home Loan Bank (FHLB) stock 27,036 16,057 12,506 10,334 18,036
Loans held for sale 2,786 44,712 246,353 40,725 141,808
Loans receivable 3,831,034 7,314,504 7,451,148 7,598,884 7,556,046
Allowance for loan losses (75,907) (78,008) (85,997) (89,028) (92,207)
Net loans 3,755,127 7,236,496 7,365,151 7,509,856 7,463,839
Accrued interest receivable 15,279 29,627 30,178 31,259 32,824
Real estate owned (REO), held for sale, net 3,352 11,627 11,081 360 328
Property and equipment, net 91,185 167,604 166,481 154,815 156,005
Goodwill 0 247,738 244,583 242,659 242,659
Other intangibles, net 2,831 37,472 30,162 22,655 21,251
Bank-owned life insurance (BOLI) 63,759 156,865 158,936 162,668 163,519
Deferred tax assets, net 23,871 134,970 127,694 71,427 76,843
Income tax receivable, net 0 NA NA NA NA
Other assets 29,328 57,840 53,955 53,177 63,380
Total assets 4,723,163 9,796,298 9,793,668 9,763,209 10,317,264

LIABILITIES

Deposits

Non-interest-bearing 1,298,866 2,619,618 3,140,451 3,265,544 3,383,439
Interest-bearing transaction and savings accounts 1,829,568 4,081,580 3,935,630 3,950,950 4,141,268
Interest-bearing certificates 770,516 1,353,870 1,045,333 966,937 1,018,355
Total deposits 3,898,950 8,055,068 8,121,414 8,183,431 8,543,062
Advances from FHLB 32,250 133,381 54,216 202 192,195
Other borrowings 77,185 98,325 105,685 95,860 101,844
Junior subordinated debentures at fair value (issued in connection with Trust Preferred Securities) 78,001 92,480 95,200 98,707 112,516
Accrued expenses and other liabilities 37,082 76,511 71,369 71,344 72,497
Deferred compensation 16,807 40,474 40,074 41,039 41,027
Total liabilities 4,140,275 8,496,239 8,487,958 8,490,583 9,063,141

SHAREHOLDERS' EQUITY

Preferred stock 0 0 0 0 0
Common stock and paid in capital 568,882 1,195,755 1,213,225 1,185,919 1,171,914
Common stock (non-voting) and paid in capital 0 65,419 612 1,208 1,046
Retained earnings 14,264 39,615 95,328 90,535 79,773
Carrying value of shares held in trust for stock related compensation plans (6,669) (6,928) (7,283) (7,351) (7,371)
Liability for common stock issued to stock related compensation plans 6,669 6,928 7,283 7,351 7,371
Accumulated other comprehensive income (loss) (AOCI) (258) (730) (3,455) (5,036) 1,390
Total shareholders' equity 582,888 1,300,059 1,305,710 1,272,626 1,254,123
Total liabilities & shareholders' equity 4,723,163 9,796,298 9,793,668 9,763,209 10,317,264
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.