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 12/31/2016 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 12/31/2016 USD

ASSETS

Cash and cash equivalents

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

LIABILITIES AND STOCKHOLDERS' EQUITY

LIABILITIES

Deposits
Noninterest bearing 1,399,454 1,543,018 1,694,427 2,900,241
Interest bearing
Money market and NOW accounts 1,376,068 1,663,855 1,983,250 3,401,446
Savings deposits 222,446 198,205 187,498 301,906
Time deposits of $100,000 or more 1,498,784 1,667,367 1,772,975 2,982,256
Other time deposits 651,305 621,007 702,826 1,056,186
Total deposits 5,148,057 5,693,452 6,340,976 10,642,035
FHLB advances 421,352 480,975 530,591 754,290
Subordinated debentures 57,410 42,158 42,327 99,808
Accrued interest payable 4,821 5,855 6,007 10,863
Acceptances outstanding 5,602 1,889 1,463 2,899
Commitments to fund investments in affordable housing partnerships NA NA 14,908 24,409
Other liabilities 28,583 33,228 38,281 51,645
Total liabilities 5,665,825 6,257,557 6,974,553 11,585,949

STOCKHOLDERS' EQUITY

Common stock 79 79 80 135
Additional paid-in capital 540,876 541,589 541,596 1,400,490
Retained earnings 278,604 339,400 398,251 469,505
Accumulated other comprehensive loss, net (10,185) 1,705 (1,832) (14,657)
Total stockholders' equity 809,374 882,773 938,095 1,855,473
Total liabilities and stockholders' equity 6,475,199 7,140,330 7,912,648 13,441,422
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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