As Reported Financial Statements

As Reported Financials

Source Document Currency Code (in thousands) 2012 Y 12/31/2013 USD 2013 Y 12/31/2014 USD 2014 Y 12/31/2015 USD 2015 Y 9/30/2016 USD 2016 Q3 YTD 9/30/2016 USD
Source Document Currency Code 2012 Y 12/31/2013 USD 2013 Y 12/31/2014 USD 2014 Y 12/31/2015 USD 2015 Y 9/30/2016 USD 2016 Q3 YTD 9/30/2016 USD

ASSETS

Cash and cash equivalents

Cash and due from banks 88,506 96,061 86,119 94,934 182,152
Interest bearing deposits in other banks 224,410 220,644 376,041 203,455 261,751
Total cash and cash equivalents 312,916 316,705 462,160 298,389 443,903
Other investments NA NA 4,384 47,895 45,670
Securities available for sale, at fair value 704,403 705,751 792,523 1,010,556 1,558,719
Loans held for sale, at the lower of cost or fair value 51,635 44,115 28,311 8,273 58,186
Loans receivable 4,229,311 5,006,856 5,497,434 6,171,933 10,481,221
Other real estate owned (“OREO”), net 2,698 24,288 21,938 21,035 27,457
Federal Home Loan Bank (“FHLB”) stock, at cost 22,495 27,941 28,324 18,964 23,449
Premises and equipment 22,609 30,894 30,722 34,575 53,966
Accrued interest receivable 12,117 13,403 13,634 15,195 24,165
Deferred tax assets, net 60,240 89,297 63,023 67,004 69,044
Customers' liabilities on acceptances 10,493 5,602 1,889 1,463 2,694
Bank owned life insurance (“BOLI”) 43,767 44,770 45,927 47,018 73,290
Investments in affordable housing partnerships 13,164 11,460 10,401 25,014 69,025
Goodwill 89,878 105,401 105,401 105,401 464,419
Core deposit intangible assets, net 3,033 5,184 3,887 2,820 19,968
Prepaid FDIC insurance 7,574 NA NA NA NA
Servicing assets NA 8,915 10,341 12,000 26,529
FDIC loss share receivable 5,797 1,110 NA NA NA
Other assets 48,531 33,507 20,031 25,113 68,924
Total assets 5,640,661 6,475,199 7,140,330 7,912,648 13,510,629

LIABILITIES AND STOCKHOLDERS' EQUITY

LIABILITIES

Deposits
Noninterest bearing 1,184,285 1,399,454 1,543,018 1,694,427 2,903,658
Interest bearing
Money market and NOW accounts 1,248,304 1,376,068 1,663,855 1,983,250 3,318,728
Savings deposits 180,686 222,446 198,205 187,498 304,719
Time deposits of $100,000 or more 1,088,611 1,498,784 1,667,367 1,772,975 3,077,629
Other time deposits 682,149 651,305 621,007 702,826 1,097,771
Total deposits 4,384,035 5,148,057 5,693,452 6,340,976 10,702,505
FHLB advances 420,722 421,352 480,975 530,591 754,739
Subordinated debentures 41,846 57,410 42,158 42,327 99,548
Accrued interest payable 4,355 4,821 5,855 6,007 9,708
Acceptances outstanding 10,493 5,602 1,889 1,463 2,694
Other liabilities 28,106 28,583 33,228 53,189 86,864
Total liabilities 4,889,557 5,665,825 6,257,557 6,974,553 11,656,058

STOCKHOLDERS' EQUITY

Common stock 78 79 79 80 135
Additional paid-in capital 525,354 540,876 541,589 541,596 1,400,915
Retained earnings 216,590 278,604 339,400 398,251 445,104
Accumulated other comprehensive income (loss), net 9,082 (10,185) 1,705 (1,832) 8,417
Total stockholders' equity 751,104 809,374 882,773 938,095 1,854,571
Total liabilities and stockholders' equity 5,640,661 6,475,199 7,140,330 7,912,648 13,510,629
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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