v3.7.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
ASSETS    
Cash and cash equivalents $ 75,972 $ 597,946
Securities available-for-sale (“AFS”) 493,983 509,578
Loans held for sale 206,969 250,942
Loans, net of deferred fees 2,865,710 2,555,709
Allowance for loan and lease losses (“ALLL”) (15,700) (15,400)
Net loans 2,850,010 2,540,309
Premises and equipment, net 6,870 6,730
Investment in FHLB stock 17,326 33,750
Deferred taxes 16,405 16,811
Real estate owned (“REO”) 1,400 1,734
Goodwill and intangibles 2,122 2,177
Other assets 16,860 15,426
Total Assets 3,687,917 3,975,403
Liabilities:    
Deposits 2,780,377 2,426,795
Borrowings 602,000 1,250,000
Accounts payable and other liabilities 13,760 14,344
Total Liabilities 3,396,137 3,691,139
Commitments and contingencies
Shareholders’ Equity    
Common Stock, par value $.001: 70,000,000 shares authorized; 33,007,595 and 32,719,632 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively 33 16
Additional paid-in-capital 234,272 232,428
Retained earnings 63,178 57,065
Accumulated other comprehensive loss, net of tax (5,703) (5,245)
Total Shareholders’ Equity 291,780 284,264
Total Liabilities and Shareholders’ Equity $ 3,687,917 $ 3,975,403