XML 68 R54.htm IDEA: XBRL DOCUMENT v3.10.0.1
Business Segments (Tables)
12 Months Ended
Dec. 31, 2017
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
 
For the Year Ended December 31, 2017
(amounts in thousands)
Community
Business Banking
 
BankMobile
 
Consolidated
Interest income (1)
$
359,931

 
$
12,919


$
372,850

Interest expense
105,438

 
69


105,507

Net interest income
254,493

 
12,850

 
267,343

Provision for loan losses
5,638

 
1,130

 
6,768

Non-interest income
24,788

 
54,122

 
78,910

Non-interest expense
128,604

 
87,002

 
215,606

Income (loss) before income taxes
145,039

 
(21,160
)
 
123,879

Income tax expense (benefit)
53,013

 
(7,971
)
 
45,042

Net income (loss)
92,026

 
(13,189
)
 
78,837

Preferred stock dividends
14,459

 

 
14,459

Net income (loss) available to common shareholders
$
77,567

 
$
(13,189
)
 
$
64,378

 
 
 
 
 
 
Goodwill and other intangibles
$
3,630

 
$
12,665

 
$
16,295

Total assets
$
9,769,996

 
$
69,559

 
$
9,839,555

Total deposits
$
6,400,310

 
$
399,832

 
$
6,800,142

Total non-deposit liabilities
$
2,106,919

 
$
11,530

 
$
2,118,449


 
For the Year Ended December 31, 2016
(amounts in thousands)
Community
Business Banking
 
BankMobile
 
Consolidated
Interest income (1)
$
315,643

 
$
6,896


$
322,539

Interest expense
73,004

 
38


73,042

Net interest income
242,639

 
6,858

 
249,497

Provision for loan losses
2,246

 
795

 
3,041

Non-interest income
23,165

 
33,205

 
56,370

Non-interest expense (2)
130,394

 
47,837

 
178,231

Income (loss) before income taxes
133,164

 
(8,569
)
 
124,595

Income tax expense (benefit) (2)
49,149

 
(3,256
)
 
45,893

Net income (loss)
84,015

 
(5,313
)
 
78,702

Preferred stock dividends
9,515

 

 
9,515

Net income (loss) available to common shareholders
$
74,500

 
$
(5,313
)
 
$
69,187

 
 
 
 
 
 
Goodwill and other intangibles
$
3,639

 
$
13,982

 
$
17,621

Total assets
$
9,303,465

 
$
79,271

 
$
9,382,736

Total deposits
$
6,846,980

 
$
456,795

 
$
7,303,775

Total non-deposit liabilities
$
1,195,087

 
$
28,002

 
$
1,223,089


(1) - Amounts reported include funds transfer pricing of $12.9 million and $6.9 million, respectively, for the years ended December 31, 2017 and 2016, credited to BankMobile for the value provided to the Community Business Banking segment for the use of low/no-cost deposits.
(2) - Includes an $0.8 million inter-segment reclassification of previously reported Community Business Banking and BankMobile segment non-interest expenses, and related income tax effects, as a result of the reallocation of certain segment expenses in 2016 to be consistent with year ended December 31, 2017, presentation.

 
For the Year Ended December 31, 2015
(amounts in thousands)
Community
Business Banking
 
BankMobile
 
Consolidated
Interest income (1)
$
243,404

 
$
6,446


$
249,850

Interest expense
53,536

 
24


53,560

Net interest income
189,868

 
6,422

 
196,290

Provision for loan losses
20,562

 
4

 
20,566

Non-interest income
27,573

 
144

 
27,717

Non-interest expense
107,569

 
7,377

 
114,946

Income (loss) before income taxes
89,310

 
(815
)
 
88,495

Income tax expense (benefit)
30,221

 
(309
)
 
29,912

Net income (loss)
59,089

 
(506
)
 
58,583

Preferred stock dividends
2,493

 

 
2,493

Net income (loss) available to common shareholders
$
56,596

 
$
(506
)
 
$
56,090

 
 
 
 
 
 
Goodwill and other intangibles
$
3,651

 
$

 
$
3,651

Total assets
$
8,395,525

 
$
2,680

 
$
8,398,205

Total deposits
$
5,662,433

 
$
247,068

 
$
5,909,501

Total non-deposit liabilities
$
1,934,731

 
$
71

 
$
1,934,802


(1) - Amounts reported include funds transfer pricing of $6.4 million for the year ended December 31, 2015, credited to BankMobile for the value provided to the Community Business Banking segment for the use of low/no-cost deposits.