XML 14 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
ASSETS    
Cash and due from banks $ 15,598 $ 15,051
Interest-bearing deposits 256,134 141,073
Total cash and cash equivalents 271,732 156,124
Time deposits in financial institutions 1,500 1,500
Securities available-for-sale, at fair value 1,302,785 833,596
Securities held-to-maturity, at amortized cost (fair value of $980,871 and $932,285 at June 30, 2016 and December 31, 2015, respectively) 962,282 962,203
Loans held-for-sale, carried at fair value 418,517 379,155
Loans held-for-sale, carried at lower of cost or fair value 475,265 289,686
Loans and leases receivable, net of allowance for loan and lease losses of $37,483 and $35,533 at June 30, 2016 and December 31, 2015, respectively 6,198,632 5,148,861
Federal Home Loan Bank and other bank stock, at cost 81,115 59,069
Servicing rights, net ($52,567 and $49,939 measured at fair value at June 30, 2016 and December 31, 2015, respectively) 53,650 50,727
Other real estate owned, net 429 1,097
Premises, equipment, and capital leases, net 120,755 111,539
Bank-owned life insurance 101,314 100,171
Goodwill 39,244 39,244
Deferred income tax 7,270 11,341
Income tax receivable 5,904 604
Other intangible assets, net 16,514 19,158
Receivable on unsettled securities sales 10,049 0
Other assets 90,705 71,480
Total Assets 10,157,662 8,235,555
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Noninterest-bearing deposits 1,093,686 1,121,124
Interest-bearing deposits 6,835,270 5,181,961
Total deposits 7,928,956 6,303,085
Advances from Federal Home Loan Bank 930,000 930,000
Long term debt, net 177,743 261,876
Reserve for loss on repurchased loans 10,438 9,700
Income taxes payable 0 1,241
Due on unsettled securities purchases 89,500 0
Accrued expenses and other liabilities 81,141 77,248
Total liabilities 9,217,778 7,583,150
Commitments and contingent liabilities
Preferred stock 269,071 190,750
Additional paid-in capital 608,303 429,790
Retained earnings 88,385 63,534
Treasury stock, at cost (1,599,023 shares at June 30, 2016 and at December 31, 2015) (29,070) (29,070)
Accumulated other comprehensive income (loss), net 2,683 (2,995)
Total stockholders’ equity 939,884 652,405
Total liabilities and stockholders’ equity 10,157,662 8,235,555
Class A Common Stock    
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Common stock 510 395
Class B Common Stock    
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Common stock $ 2 $ 1