XML 68 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
ASSETS    
Cash and due from banks $ 12,444 $ 14,364
Interest-bearing deposits 446,546 216,835
Total cash and cash equivalents 458,990 231,199
Time deposits in financial institutions 1,900 1,900
Securities available for sale, at fair value 487,293 345,695
Securities held to maturity, at amortized cost (fair value of $53,303 at June 30, 2015) 53,414 0
Loans held for sale, carried at fair value 409,799 278,749
Loans held for sale, carried at lower of cost or fair value 336,852 908,341
Loans and leases receivable, net of allowance of $34,787 at June 30, 2015 and $29,480 at December 31, 2014 4,438,308 3,919,642
Federal Home Loan Bank and other bank stock, at cost 34,187 42,241
Servicing rights, net ($34,198 and $13,135 measured at fair value at June 30, 2015 and December 31, 2014, respectively) 34,942 13,619
Servicing rights held for sale, carried at fair value 0 5,947
Accrued interest receivable 14,875 15,113
Other real estate owned, net 50 423
Premises, equipment, and capital leases, net 35,229 78,685
Bank-owned life insurance 19,201 19,095
Goodwill 31,591 31,591
Affordable housing fund investment 4,417 4,737
Deferred income tax 12,081 16,373
Income tax receivable 3,091 0
Other intangible assets, net 21,905 25,252
Other assets 39,757 32,695
Total Assets 6,437,882 5,971,297
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Noninterest-bearing deposits 867,930 662,295
Interest-bearing deposits 4,184,260 4,009,536
Deposits held for sale 52,820 0
Total deposits 5,105,010 4,671,831
Advances from Federal Home Loan Bank 350,000 633,000
Long term debt, net 264,077 93,569
Reserve for loss on repurchased loans 9,411 8,303
Income taxes payable 0 56
Accrued expenses and other liabilities 75,502 61,223
Total liabilities $ 5,804,000 $ 5,467,982
Commitments and contingent liabilities    
Additional paid-in capital $ 425,784 $ 422,910
Retained earnings 45,494 29,589
Treasury stock, at cost (1,599,023 shares at June 30, 2015 and 1,639,023 shares at December 31, 2014) (29,070) (29,798)
Accumulated other comprehensive income, net 552 373
Total stockholders’ equity 633,882 503,315
Total liabilities and stockholders’ equity 6,437,882 5,971,297
Series A Preferred Stock    
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Preferred stock 31,934 31,934
Series B Preferred Stock    
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Preferred stock 10,000 10,000
Series C Preferred Stock    
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Preferred stock 37,943 37,943
Series D Preferred Stock    
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Preferred stock 110,873 0
Class A Common Stock    
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Common stock 372 358
Class B Common Stock    
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Common stock $ 0 $ 6