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STOCKHOLDERS' EQUITY (Tables)
6 Months Ended
Jun. 30, 2016
Equity [Abstract]  
Summary of Preferred Stock
The following table presents the Company's total authorized, issued and outstanding preferred stock as of dates indicated:
 
June 30, 2016
 
December 31, 2015
 
Shares Authorized and Outstanding
 
Liquidation Preference
 
Carrying Value
 
Shares Authorized and Outstanding
 
Liquidation Preference
 
Carrying Value
 
($ in thousands)
Series A
Non-cumulative perpetual

 
$

 
$

 
32,000

 
$
32,000

 
$
31,934

Series B
Non-cumulative perpetual

 

 

 
10,000

 
10,000

 
10,000

Series C
8.00% non-cumulative perpetual
40,250

 
40,250

 
37,943

 
40,250

 
$
40,250

 
$
37,943

Series D
7.375% non-cumulative perpetual
115,000

 
115,000

 
110,873

 
115,000

 
115,000

 
110,873

Series E
7.00% non-cumulative perpetual
125,000

 
125,000

 
120,255

 
125,000

 
125,000

 
120,258

Total
280,250

 
$
280,250

 
$
269,071

 
322,250

 
$
322,250

 
$
311,008

Changes to Accumulate Other Comprehensive Income by Components
The following table presents changes to AOCI for the periods indicated:
 
Three Months Ended
 
Six Months Ended
 
Securities Available-for-Sale
 
Cash Flow
Hedge
 
Total
 
Securities Available-for-Sale
 
Cash Flow
Hedge
 
Total
 
(In thousands)
June 30, 2016
 
 
 
 
 
 
 
 
 
 
 
Unrealized gain (loss)
 
 
 
 
 
 
 
 
 
 
 
Balance at beginning of period
$
2,835

 
$

 
$
2,835

 
$
(2,995
)
 
$

 
$
(2,995
)
Unrealized gain arising during the period
12,565

 

 
12,565

 
39,374

 

 
39,374

Reclassification adjustment from other comprehensive income
(12,824
)
 

 
(12,824
)
 
(29,613
)
 

 
(29,613
)
Tax effect of current period changes
107

 

 
107

 
(4,083
)
 

 
(4,083
)
Total changes, net of taxes
(152
)
 

 
(152
)
 
5,678

 

 
5,678

Balance at end of period
$
2,683

 
$

 
$
2,683

 
$
2,683

 
$

 
$
2,683

June 30, 2015
 
 
 
 
 
 
 
 
 
 
 
Unrealized gain (loss)
 
 
 
 
 
 
 
 
 
 
 
Balance at beginning of period
$
2,438

 
$
(240
)
 
$
2,198

 
$
509

 
$
(136
)
 
$
373

Unrealized gain (loss) arising during the period
(3,420
)
 
581

 
(2,839
)
 
(90
)
 
401

 
311

Reclassification adjustment from other comprehensive income

 

 

 
2

 

 
2

Tax effect of current period changes
1,438

 
(245
)
 
1,193

 
35

 
(169
)
 
(134
)
Total changes, net of taxes
(1,982
)
 
336

 
(1,646
)
 
(53
)
 
232

 
179

Balance at end of period
$
456

 
$
96

 
$
552

 
$
456

 
$
96

 
$
552