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Consolidated Statements of Operations (Audited) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Interest income:      
Loans $ 321,945 $ 367,622 $ 435,553
Mortgage-backed securities 30,522 35,338 44,836
Investment securities and other 4,125 3,608 4,868
Total interest income 356,592 406,568 485,257
Interest expense:      
Deposits 29,253 27,034 33,954
Securities sold under agreements to repurchase 18,805 29,567 29,654
Advances from FHLB and other borrowings 6,186 9,072 9,185
Subordinated capital notes 2,921 3,523 3,989
Total interest expense 57,165 69,196 76,782
Net interest income 299,427 337,372 408,475
Provision for Loan, Lease, and Other Losses 65,076 161,501 60,640
Net interest income after provision for loan and lease losses 234,351 175,871 347,835
Non-interest income:      
Banking service revenues 41,647 41,466 40,712
Wealth management revenue 27,433 29,040 29,855
Mortgage banking activities 5,021 6,128 7,381
Total Banking and Financial Service Revenues 74,101 76,634 77,948
Other-than-temporary impairment losses on investment securities 0 4,662 0
Portion of losses recognized in other comprehensive income (loss), before taxes 0 3,172 0
Net impairment losses recognized in earnings 0 1,490 0
FDIC shared-loss expense, net [Abstract]      
FDIC shared-loss expense, net (13,581) (42,808) (65,756)
Reimbursement from FDIC shared-loss coverage in sale of loans 0 20,000 0
Net gain (loss) on:      
Sale of securities 12,207 2,572 4,366
Derivatives (71) (190) (608)
Early extinguishment of debt (12,000) 0 0
Other non-interest (loss) income 6,163 (2,246) 1,373
Total non-interest income, net 66,819 52,472 17,323
Non-interest expense:      
Compensation and employee benefits 76,934 79,172 85,283
Professional and service fees 14,935 16,217 15,996
Occupancy and equipment 30,966 34,186 34,710
Insurance 9,109 9,567 8,830
Electronic banking charges 20,707 21,893 19,081
Information technology related expenses 7,116 5,648 6,019
Advertising, business promotion, and strategic initiatives 5,485 6,452 7,014
Foreclosure, repossession and other real estate expenses 15,702 37,522 25,125
Loan servicing and clearing expenses 8,068 9,075 7,567
Taxes, other than payroll and income taxes 9,782 9,460 14,409
Communication 2,715 3,086 3,430
Printing, postage, stationary and supplies 2,557 2,575 2,533
Director and investors relations 1,086 1,091 1,106
Other 10,828 12,457 11,622
Total non-interest expense 215,990 248,401 242,725
Income before income taxes 85,180 (20,058) 122,433
Income tax expense (benefit) 25,994 (17,554) 37,252
Net income 59,186 (2,504) 85,181
Dividends on preferred stock (13,862) (13,862) (13,862)
Income (loss) available to common shareholders $ 45,324 $ (16,366) $ 71,319
Earnings (loss) per common share:      
Basic $ 1.03 $ (0.37) $ 1.58
Diluted $ 1.03 $ (0.37) $ 1.5
Average common shares outstanding and equivalents 51,088 51,455 52,326
Cash dividends per share of common stock $ 0.24 $ 0.36 $ 0.34