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PARENT COMPANY FINANCIAL STATEMENTS (Tables) | 12 Months Ended
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Dec. 31, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Condensed Statements of Financial Condition | Condensed Statements of Financial Condition
|  | December 31,
($ in thousands) |  | 2017 |  | 2016
ASSETS |  |  |  |
Cash and cash equivalents |  | $ | 40,496 |  |  | $ | 158,467 |
FHLB and other bank stock |  | — |  |  | 78 |
Loans and leases receivable |  | — |  |  | 405 |
Investments in alternative energy partnerships, net |  | — |  |  | 25,639 |
Other assets |  | 13,366 |  |  | 19,866 |
Investment in subsidiaries |  | 1,146,788 |  |  | 1,038,618 |
Total assets |  | $ | 1,200,650 |  |  | $ | 1,243,073 |
LIABILITIES AND STOCKHOLDERS’ EQUITY |  |  |  |
Other borrowings, net |  | $ | — |  |  | $ | 67,922 |
Notes payable, net |  | 172,941 |  |  | 175,378 |
Accrued expenses and other liabilities |  | 15,401 |  |  | 19,534 |
Stockholders’ equity |  | 1,012,308 |  |  | 980,239 |
Total liabilities and stockholders’ equity |  | $ | 1,200,650 |  |  | $ | 1,243,073 |
Condensed Statements of Operations | Condensed Statements of Operations
|  | Year Ended December 31,
($ in thousands) |  | 2017 |  | 2016 |  | 2015
Income |  |  |  |  |  |
Dividends from subsidiaries |  | $ | 18,000 |  |  | $ | 57,505 |  |  | $ | 8,500 |
Interest income on loans |  | — |  |  | 5 |  |  | 5 |
Gain on sale of subsidiary |  | — |  |  | 3,694 |  |  | — |
Other operating income |  | 2,285 |  |  | 3,973 |  |  | — |
Total income |  | 20,285 |  |  | 65,177 |  |  | 8,505 |
Expenses |  |  |  |  |  |
Interest expense for notes payable and other borrowings |  | 10,764 |  |  | 12,703 |  |  | 14,659 |
Provision for loan and lease losses |  | 13 |  |  | — |  |  | — |
Loss on investments in alternative energy partnerships, net |  | 8,493 |  |  | 31,510 |  |  | — |
Other operating expense |  | 37,201 |  |  | 23,730 |  |  | 13,810 |
Total expenses |  | 56,471 |  |  | 67,943 |  |  | 28,469 |
Income (loss) before income taxes and equity in undistributed earnings of subsidiaries |  | (36,186 | ) |  | (2,766 | ) |  | (19,964 | )
Income tax benefit |  | (31,453 | ) |  | (52,989 | ) |  | (8,431 | )
Income (loss) before equity in undistributed earnings of subsidiaries |  | (4,733 | ) |  | 50,223 |  |  | (11,533 | )
Equity in undistributed earnings of subsidiaries |  | 62,442 |  |  | 65,193 |  |  | 73,605 |
Net income |  | $ | 57,709 |  |  | $ | 115,416 |  |  | $ | 62,072 |
Condensed Statements of Cash Flows | Condensed Statements of Cash Flows
|  | Year Ended December 31,
($ in thousands) |  | 2017 |  | 2016 |  | 2015
Cash flows from operating activities: |  |  |  |  |  |
Net income |  | $ | 57,709 |  |  | $ | 115,416 |  |  | $ | 62,072 |
Adjustments to reconcile net income to net cash provided by operating activities |  |  |  |  |  |
Equity in undistributed earnings of subsidiaries |  | (62,442 | ) |  | (65,193 | ) |  | (73,605 | )
Stock-based compensation expense |  | 2,520 |  |  | 5,080 |  |  | 3,173 |
Amortization of debt issuance cost |  | 247 |  |  | 704 |  |  | 727 |
Debt redemption costs |  | — |  |  | 2,737 |  |  | — |
Gain on sale of subsidiary |  | — |  |  | (3,694 | ) |  | — |
Deferred income tax (benefit) expense |  | 14,604 |  |  | 4,538 |  |  | (3,575 | )
Loss on investments in alternative energy partnerships, net |  | 8,493 |  |  | 31,510 |  |  | — |
Net change in other assets and liabilities |  | (12,957 | ) |  | (14,972 | ) |  | 39,769 |
Net cash provided by operating activities |  | 8,174 |  |  | 76,126 |  |  | 28,561 |
Cash flows from investing activities: |  |  |  |  |  |
Loan purchases from bank and principal collections, net |  | — |  |  | 221 |  |  | 9 |
Proceeds from sale of subsidiary |  | — |  |  | 259 |  |  | — |
Capital contribution to bank subsidiary |  | — |  |  | (195,000 | ) |  | (160,000 | )
Capital contribution to non-bank subsidiary |  | — |  |  | (25 | ) |  | — |
Investments in alternative energy partnerships |  | (3,712 | ) |  | (57,149 | ) |  | — |
Net cash used in investing activities |  | (3,712 | ) |  | (251,694 | ) |  | (159,991 | )
Cash flows from financing activities: |  |  |  |  |  |
Net increase (decrease) in other borrowings |  | (68,000 | ) |  | 68,000 |  |  | — |
Net proceeds from issuance of common stock |  | — |  |  | 175,078 |  |  | — |
Net proceeds from issuance of preferred stock |  | — |  |  | 120,255 |  |  | 110,873 |
Net proceeds from issuance of long-term debt |  | — |  |  | — |  |  | 172,304 |
Redemption of preferred stock |  | — |  |  | (42,000 | ) |  | — |
Redemption of senior notes |  | — |  |  | (84,750 | ) |  | — |
Payment of junior subordinated amortizing notes |  | (2,684 | ) |  | (5,078 | ) |  | (4,715 | )
Cash settlements of stock options |  | — |  |  | (359 | ) |  | — |
Proceeds from exercise of stock options |  | 2,043 |  |  | — |  |  | 501 |
Restricted stock surrendered due to employee tax liability |  | (6,824 | ) |  | (4,436 | ) |  | (2,254 | )
Dividend equivalents paid on stock appreciation rights |  | (810 | ) |  | (742 | ) |  | (699 | )
Dividends paid on common stock |  | (25,707 | ) |  | (21,844 | ) |  | (16,955 | )
Dividends paid on preferred stock |  | (20,451 | ) |  | (19,630 | ) |  | (9,446 | )
Net cash provided by (used in) financing activities |  | (122,433 | ) |  | 184,494 |  |  | 249,609 |
Net change in cash and cash equivalents |  | (117,971 | ) |  | 8,926 |  |  | 118,179 |
Cash and cash equivalents at beginning of year |  | 158,467 |  |  | 149,541 |  |  | 31,362 |
Cash and cash equivalents at end of year |  | $ | 40,496 |  |  | $ | 158,467 |  |  | $ | 149,541 |

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