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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Interest and dividend income      
Loans and leases, including fees $ 329,272,000 $ 281,071,000 $ 281,868,000
Securities 83,567,000 99,742,000 79,527,000
Other interest-earning assets 9,957,000 8,377,000 8,449,000
Total interest and dividend income 422,796,000 389,190,000 369,844,000
Interest expense      
Deposits 91,236,000 60,414,000 40,220,000
Federal Home Loan Bank advances 34,995,000 12,951,000 5,717,000
Securities sold under repurchase agreements 1,033,000 880,000 818,000
Long-term debt and other interest-bearing liabilities 9,456,000 10,755,000 12,744,000
Total interest expense 136,720,000 85,000,000 59,499,000
Net interest income 286,076,000 304,190,000 310,345,000
Provision for loan and lease losses 30,215,000 13,699,000 5,271,000
Net interest income after provision for loan and lease losses 255,861,000 290,491,000 305,074,000
Noninterest income      
Customer service fees 6,315,000 6,492,000 5,147,000
Loan servicing income 3,720,000 1,025,000 633,000
Income from bank owned life insurance 2,176,000 2,339,000 2,341,000
Impairment loss on investment securities (3,252,000) 0 0
Net gain on sale of securities available-for-sale 5,532,000 14,768,000 29,405,000
Net gain on sale of loans 1,932,000 11,942,000 35,895,000
Net loss on sale of mortgage servicing rights (2,260,000) 0 0
Gain on sale of subsidiary 0 0 3,694,000
Gain on sale of business unit 0 0 2,629,000
Other income 9,752,000 8,104,000 18,886,000
Total noninterest income 23,915,000 44,670,000 98,630,000
Noninterest expense      
Salaries and employee benefits 109,974,000 129,153,000 146,147,000
Occupancy and equipment 31,847,000 38,391,000 34,797,000
Professional fees 33,652,000 42,417,000 30,373,000
Outside service fees 4,667,000 5,840,000 6,989,000
Data processing 6,951,000 7,888,000 8,311,000
Advertising 12,664,000 5,313,000 6,894,000
Regulatory assessments 7,678,000 8,105,000 8,186,000
Loss on investments in alternative energy partnerships, net 5,044,000 30,786,000 31,510,000
Reversal of provision for loan repurchases (2,488,000) (1,812,000) (3,352,000)
Amortization of intangible assets 3,007,000 3,928,000 4,851,000
Impairment on intangible assets 0 336,000 690,000
Restructuring expense 4,431,000 5,326,000 0
All other expense 15,358,000 32,597,000 27,819,000
Total noninterest expense 232,785,000 308,268,000 303,215,000
Income from continuing operations before income taxes 46,991,000 26,893,000 100,489,000
Income tax expense (benefit) 4,844,000 (26,581,000) 13,749,000
Income from continuing operations 42,147,000 53,474,000 86,740,000
Income from discontinued operations before income taxes (including net gain on disposal of $1,439 and $13,796 for the year ended December 31, 2018 and 2017, respectively) 4,596,000 7,164,000 48,917,000
Income tax expense 1,271,000 2,929,000 20,241,000
Income from discontinued operations 3,325,000 4,235,000 28,676,000
Net income 45,472,000 57,709,000 115,416,000
Preferred stock dividends 19,504,000 20,451,000 19,914,000
Impact of preferred stock redemption 2,307,000 0 0
Net income allocated to common stockholders $ 23,661,000 $ 37,258,000 $ 95,502,000
Basic earnings per common share      
Income from continuing operations (in dollars per share) $ 0.38 $ 0.64 $ 1.36
Income from discontinued operations (in dollars per share) 0.07 0.08 0.61
Net income (in dollars per share) 0.45 0.72 1.97
Diluted earnings per common share      
Income from continuing operations (in dollars per share) 0.38 0.63 1.34
Income from discontinued operations (in dollars per share) 0.07 0.08 0.60
Net income (in dollars per share) $ 0.45 $ 0.71 $ 1.94
Class A Common Stock      
Noninterest expense      
Income from continuing operations $ 41,732,000 $ 53,136,000 $ 86,500,000
Income from discontinued operations 3,292,000 4,208,000 28,597,000
Preferred stock dividends 19,312,000 20,322,000 19,859,000
Impact of preferred stock redemption $ 2,284,000 $ 0 $ 0
Basic earnings per common share      
Income from continuing operations (in dollars per share) $ 0.38 $ 0.64 $ 1.36
Income from discontinued operations (in dollars per share) 0.07 0.08 0.61
Net income (in dollars per share) 0.45 0.72 1.97
Diluted earnings per common share      
Income from continuing operations (in dollars per share) 0.38 0.63 1.34
Income from discontinued operations (in dollars per share) 0.07 0.08 0.60
Net income (in dollars per share) $ 0.45 $ 0.71 $ 1.94
Class B Common Stock      
Noninterest expense      
Income from continuing operations $ 415,000 $ 338,000 $ 240,000
Income from discontinued operations 33,000 27,000 79,000
Preferred stock dividends 192,000 129,000 55,000
Impact of preferred stock redemption $ 23,000 $ 0 $ 0
Basic earnings per common share      
Income from continuing operations (in dollars per share) $ 0.38 $ 0.64 $ 1.36
Income from discontinued operations (in dollars per share) 0.07 0.08 0.61
Net income (in dollars per share) 0.45 0.72 1.97
Diluted earnings per common share      
Income from continuing operations (in dollars per share) 0.38 0.64 1.36
Income from discontinued operations (in dollars per share) 0.07 0.08 0.61
Net income (in dollars per share) $ 0.45 $ 0.72 $ 1.97