As Reported Financial Statements

As Reported Financials

Source Document Currency Code (in thousands) 2013 Y 12/31/2014 USD 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 6/30/2017 USD 2017 Q2 YTD 6/30/2017 USD
Source Document Currency Code 2013 Y 12/31/2014 USD 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 6/30/2017 USD 2017 Q2 YTD 6/30/2017 USD

ASSETS

Cash and cash equivalents

Cash and due from banks 96,061 86,119 94,934 168,827 180,987
Interest bearing cash in other banks 220,644 376,041 203,455 268,507 265,428
Total cash and cash equivalents 316,705 462,160 298,389 437,334 446,415
Interest bearing deposits in other financial institutions and other investments NA 4,384 47,895 44,202 43,962
Securities available for sale, at fair value 705,751 792,523 1,010,556 1,556,740 1,680,382
Loans held for sale, at the lower of cost or fair value 44,115 28,311 8,273 22,785 16,927
Loans receivable 5,006,856 5,497,434 6,171,933 10,463,989 10,736,345
Other real estate owned (“OREO”), net 24,288 21,938 21,035 21,990 21,839
Federal Home Loan Bank (“FHLB”) stock, at cost 27,941 28,324 18,964 21,964 22,351
Premises and equipment, net 30,894 30,722 34,575 55,316 52,565
Accrued interest receivable 13,403 13,634 15,195 26,880 25,640
Deferred tax assets, net 89,297 63,023 67,004 88,110 81,488
Customers' liabilities on acceptances 5,602 1,889 1,463 2,899 1,669
Bank owned life insurance (“BOLI”) 44,770 45,927 47,018 73,696 74,113
Investments in affordable housing partnerships 11,460 10,401 25,014 70,059 91,343
Goodwill 105,401 105,401 105,401 462,997 464,450
Core deposit intangible assets, net 5,184 3,887 2,820 19,226 17,874
Servicing assets 8,915 10,341 12,000 26,457 25,338
FDIC loss share receivable 1,110 NA NA NA NA
Other assets 33,507 20,031 25,113 46,778 56,516
Total assets 6,475,199 7,140,330 7,912,648 13,441,422 13,859,217

LIABILITIES AND STOCKHOLDERS' EQUITY

LIABILITIES

Deposits
Noninterest bearing 1,399,454 1,543,018 1,694,427 2,900,241 3,016,538
Interest bearing
Money market and NOW accounts 1,376,068 1,663,855 1,983,250 3,401,446 3,563,404
Savings deposits 222,446 198,205 187,498 301,906 275,272
Time deposits of $100,000 or more 1,498,784 1,667,367 1,772,975 NA NA
Time deposits 651,305 621,007 702,826 4,038,442 4,099,887
Total deposits 5,148,057 5,693,452 6,340,976 10,642,035 10,955,101
FHLB advances 421,352 480,975 530,591 754,290 793,403
Subordinated debentures 57,410 42,158 42,327 99,808 100,328
Accrued interest payable 4,821 5,855 6,007 10,863 11,855
Acceptances outstanding 5,602 1,889 1,463 2,899 1,669
Commitments to fund investments in affordable housing partnerships NA NA 14,908 24,409 43,929
Other liabilities 28,583 33,228 38,281 51,645 46,638
Total liabilities 5,665,825 6,257,557 6,974,553 11,585,949 11,952,923

STOCKHOLDERS' EQUITY

Common stock 79 79 80 135 135
Additional paid-in capital 540,876 541,589 541,596 1,400,490 1,402,303
Retained earnings 278,604 339,400 398,251 469,505 513,945
Accumulated other comprehensive loss, net (10,185) 1,705 (1,832) (14,657) (10,089)
Total stockholders' equity 809,374 882,773 938,095 1,855,473 1,906,294
Total liabilities and stockholders' equity 6,475,199 7,140,330 7,912,648 13,441,422 13,859,217
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.
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