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Stockholders’ Equity (Tables) | 3 Months Ended
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Mar. 31, 2017
Stockholders’ Equity and Regulatory Matters [Abstract] |
Schedule of Accumulated Other Comprehensive Income (Loss) | The following table presents the quarterly changes to accumulated other comprehensive (loss) income for the three months ended March 31, 2017 and March 31, 2016:
| Three months ended,
| March 31, 2017 |  | March 31, 2016
| (Dollars in thousands)
Balance at beginning of period | $ | (14,657 | ) |  | $ | (1,832 | )
Unrealized gains on securities available for sale and interest only strips | 3,132 |  |  | 15,592 |
Tax effect | 1,324 |  |  | 6,605 |
Total other comprehensive income | 1,808 |  |  | 8,987 |
Balance at end of period | $ | (12,849 | ) |  | $ | 7,155 |
For the three months ended March 31, 2017 and March 31, 2016 there were no reclassifications out of accumulated other comprehensive (loss) income.
eholders received 0.7034 shares of the Company’s common stock for each share of Wilshire stock owned. Based on this exchange ratio, 55.5 million shares of the Company’s common stock were issued to Wilshire shareholders at $15.37 per share, the closing price of the Company’s stock on July 29, 2016. As a result, $852.9 million in common stock was issued as consideration in the transaction and $3.4 million in additional paid-in capital was recorded to account for the fair value of stock options assumed. Total stockholders’ equity at March 31, 2017 was $1.88 billion, compared to $1.86 billion at December 31, 2016. The Company assumed certain warrants (related to the TARP Capital Purchase Plan) to purchase shares of the Company’s common stock. On May 20, 2015, the U.S. Treasury Department completed an auction to sell certain of its warrant positions, and the Company submitted the winning bid to repurchase an outstanding warrant to purchase 350,767 shares of the Company’s common stock. The Company repurchased this warrant for $1.2 million. As of March 31, 2017, the U.S. Treasury Department held one remaining warrant for the purchase of 19,963 shares of the Company’s common stock. The Company paid a quarterly dividend of $0.12 per common share for the first quarter of 2017 compared to $0.11 per common share for the first quarter of 2016. The following table presents the quarterly changes to accumulated other comprehensive (loss) income for the three months ended March 31, 2017 and March 31, 2016:
| Three months ended,
| March 31, 2017 |  | March 31, 2016
| (Dollars in thousands)
Balance at beginning of period | $ | (14,657 | ) |  | $ | (1,832 | )
Unrealized gains on securities available for sale and interest only strips | 3,132 |  |  | 15,592 |
Tax effect | 1,324 |  |  | 6,605 |
Total other comprehensive income | 1,808 |  |  | 8,987 |
Balance at end of period | $ | (12,849 | ) |  | $ | 7,155 |
For the three months ended March 31, 2017 and March 31, 2016 there were no reclassifications out of accumulated other comprehensive (loss) income.

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- Definition Stockholders’ Equity and Regulatory Matters [Abstract] + References No definition available. + Details
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- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=66004124&loc=SL7669686-108580 + Details
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