XML 67 R52.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Selected Quarterly Financial Data (Unaudited) (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract] |
Schedule of Quarterly Financial Information | The following table presents selected quarterly data for the years ended December 31, 2017 and 2016. Amounts previously reported as discontinued operations for the quarterly data for the year ended December 31, 2016, related to BankMobile have been reclassified to conform with the current period presentation as a result of the BankMobile spin-off/merger transaction described in NOTE 3 - SPIN-OFF AND MERGER.
| 2017
Quarter Ended | December 31 |  | September 30 |  | June 30 |  | March 31
(amounts in thousands, except per share data) |
Interest income | $ | 97,619 |  |  | $ | 98,285 |  |  | $ | 93,852 |  |  | $ | 83,094 |
Interest expense | 29,319 |  |  | 30,266 |  |  | 25,246 |  |  | 20,676 |
Net interest income | 68,300 |  |  | 68,019 |  |  | 68,606 |  |  | 62,418 |
Provision for loan losses | 831 |  |  | 2,352 |  |  | 535 |  |  | 3,050 |
Non-interest income | 19,740 |  |  | 18,026 |  |  | 18,391 |  |  | 22,754 |
Non-interest expenses | 54,788 |  |  | 61,040 |  |  | 50,413 |  |  | 49,366 |
Income before income taxes | 32,421 |  |  | 22,653 |  |  | 36,049 |  |  | 32,756 |
Provision for income taxes | 10,806 |  |  | 14,899 |  |  | 12,327 |  |  | 7,009 |
Net income | 21,615 |  |  | 7,754 |  |  | 23,722 |  |  | 25,747 |
Preferred stock dividends | 3,615 |  |  | 3,615 |  |  | 3,615 |  |  | 3,615 |
Net income available to common shareholders | $ | 18,000 |  |  | $ | 4,139 |  |  | $ | 20,107 |  |  | $ | 22,132 |
Earnings per common share: |  |  |  |  |  |  |
Basic earnings per common share | $ | 0.58 |  |  | $ | 0.13 |  |  | $ | 0.66 |  |  | $ | 0.73 |
Diluted earnings per common share | $ | 0.55 |  |  | $ | 0.13 |  |  | $ | 0.62 |  |  | $ | 0.67 |
| 2016
Quarter Ended | December 31 |  | September 30 |  | June 30 |  | March 31
(amounts in thousands, except per share data) |
Interest income | $ | 83,609 |  |  | $ | 84,212 |  |  | $ | 81,321 |  |  | $ | 73,398 |
Interest expense | 19,481 |  |  | 19,627 |  |  | 18,163 |  |  | 15,771 |
Net interest income | 64,128 |  |  | 64,585 |  |  | 63,158 |  |  | 57,627 |
Provision for loan losses | 187 |  |  | 88 |  |  | 786 |  |  | 1,980 |
Non-interest income | 15,131 |  |  | 27,486 |  |  | 8,257 |  |  | 5,494 |
Non-interest expenses | 49,924 |  |  | 56,218 |  |  | 38,183 |  |  | 33,905 |
Income before income taxes | 29,148 |  |  | 35,765 |  |  | 32,446 |  |  | 27,236 |
Provision for income taxes | 9,320 |  |  | 14,558 |  |  | 12,963 |  |  | 9,052 |
Net income | 19,828 |  |  | 21,207 |  |  | 19,483 |  |  | 18,184 |
Preferred stock dividends | 3,615 |  |  | 2,552 |  |  | 2,062 |  |  | 1,286 |
Net income available to common shareholders | $ | 16,213 |  |  | $ | 18,655 |  |  | $ | 17,421 |  |  | $ | 16,898 |
Earnings per common share: |  |  |  |  |  |  |
Basic earnings per common share | $ | 0.56 |  |  | $ | 0.68 |  |  | $ | 0.64 |  |  | $ | 0.63 |
Diluted earnings per common share | $ | 0.51 |  |  | $ | 0.63 |  |  | $ | 0.59 |  |  | $ | 0.58 |

X
- References No definition available. + Details
Name: | us-gaap_QuarterlyFinancialInformationDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=84173487&loc=d3e1280-108306 + Details
Name: | us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration