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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
ASSETS    
Cash and due from banks $ 17,262 $ 15,051
Interest-bearing deposits 197,750 141,073
Total cash and cash equivalents 215,012 156,124
Time deposits in financial institutions 1,500 1,500
Securities available-for-sale, at fair value 1,663,711 833,596
Securities held to maturity, at amortized cost (fair value of $948,458 and $932,285 at March 31, 2016 and December 31, 2015, respectively) 962,262 962,203
Loans held-for-sale, carried at fair value 434,656 379,155
Loans held-for-sale, carried at lower of cost or fair value 429,288 289,686
Loans and leases receivable, net of allowance of $35,845 and $35,533 at March 31, 2016 and December 31, 2015, respectively 5,427,223 5,148,861
Federal Home Loan Bank and other bank stock, at cost 61,146 59,069
Servicing rights, net ($48,370 and $49,939 measured at fair value at March 31, 2016 and December 31, 2015, respectively) 49,406 50,727
Accrued interest receivable 26,967 22,800
Other real estate owned, net 325 1,097
Premises, equipment, and capital leases, net 114,668 111,539
Bank-owned life insurance 100,734 100,171
Goodwill 39,244 39,244
Affordable housing fund investment 3,908 4,011
Deferred income tax 7,441 11,341
Income tax receivable 0 604
Other intangible assets, net 17,836 19,158
Other assets 61,645 44,669
Total Assets 9,616,972 8,235,555
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Noninterest-bearing deposits 1,398,728 1,121,124
Interest-bearing deposits 5,438,873 5,181,961
Total deposits 6,837,601 6,303,085
Advances from Federal Home Loan Bank 1,195,000 930,000
Securities sold under repurchase agreements 257,100 0
Long term debt, net 260,896 261,876
Reserve for loss on repurchased loans 9,781 9,700
Income taxes payable 12,303 1,241
Accrued expenses and other liabilities 176,761 77,248
Total liabilities $ 8,749,442 $ 7,583,150
Commitments and contingent liabilities
Additional paid-in capital $ 509,123 $ 429,790
Retained earnings 73,179 63,534
Treasury stock, at cost (1,599,023 shares at March 31, 2016 and at December 31, 2015) (29,070) (29,070)
Accumulated other comprehensive income (loss), net 2,835 (2,995)
Total stockholders’ equity 867,530 652,405
Total liabilities and stockholders’ equity 9,616,972 8,235,555
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 110,873 110,873
Series E Preferred Stock    
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Preferred stock 120,258 0
Class A Common Stock    
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Common stock 454 395
Class B Common Stock    
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Common stock $ 1 $ 1