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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
ASSETS    
Cash and due from banks $ 15,051 $ 14,364
Interest-bearing deposits 141,073 216,835
Total cash and cash equivalents 156,124 231,199
Time deposits in financial institutions 1,500 1,900
Securities available-for-sale, carried at fair value 833,596 345,695
Securities held-to-maturity, at amortized cost (fair value of $932,285 at December 31, 2015) 962,203 0
Loans held-for-sale, carried at fair value 379,155 278,749
Loans held-for-sale, carried at lower of cost or fair value 289,686 908,341
Loans and leases receivable, net of allowance of $35,533 and $29,480 at December 31, 2015 and 2014, respectively 5,148,861 3,919,642
Federal Home Loan Bank and other bank stock, at cost 59,069 42,241
Servicing rights, net ($49,939 and $13,135 measured at fair value at December 31, 2015 and 2014, respectively) 50,727 13,619
Servicing rights held-for-sale, carried at fair value 0 5,947
Accrued interest receivable 22,800 15,113
Other real estate owned, net 1,097 423
Premises, equipment, and capital leases, net 111,539 78,685
Bank-owned life insurance 100,171 19,095
Goodwill 39,244 31,591
Affordable housing fund investment 4,011 4,737
Deferred income tax 11,341 16,373
Income tax receivable 604 0
Other intangible assets, net 19,158 25,252
Other assets 44,669 32,695
Total Assets 8,235,555 5,971,297
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Noninterest-bearing deposits 1,121,124 662,295
Interest-bearing deposits 5,181,961 4,009,536
Total deposits 6,303,085 4,671,831
Advances from Federal Home Loan Bank 930,000 633,000
Long term debt, net 261,876 93,569
Reserve for loss on repurchased loans 9,700 8,303
Income taxes payable 1,241 56
Accrued expenses and other liabilities 77,248 61,223
Total liabilities $ 7,583,150 $ 5,467,982
Commitments and contingent liabilities
Additional paid-in capital $ 429,790 $ 422,910
Retained earnings 63,534 29,589
Treasury stock, at cost (1,599,023 shares at December 31, 2015 and 1,639,023 shares at December 31, 2014) (29,070) (29,798)
Accumulated other comprehensive (loss) income, net (2,995) 373
Total stockholders’ equity 652,405 503,315
Total liabilities and stockholders’ equity 8,235,555 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 395 358
Class B Common Stock    
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Common stock $ 1 $ 6