As Reported Financial Statements

As Reported Financials

Source Document Currency Code (in thousands) 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 6/30/2018 USD 2018 Q2 YTD 6/30/2018 USD
Source Document Currency Code 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 6/30/2018 USD 2018 Q2 YTD 6/30/2018 USD

ASSETS

Cash and cash equivalents

Cash and due from banks 86,119 94,934 168,827 185,527 175,941
Interest bearing cash in other banks 376,041 203,455 268,507 306,473 290,423
Total cash and cash equivalents 462,160 298,389 437,334 492,000 466,364
Interest bearing deposits in other financial institutions and other investments 4,384 47,895 44,202 53,366 77,817
Securities available for sale, at fair value 792,523 1,010,556 1,556,740 1,720,257 1,835,106
Loans held for sale, at the lower of cost or fair value 28,311 8,273 22,785 29,661 26,866
Loans receivable, net of allowance for loan losses 5,497,434 6,171,933 10,463,989 11,018,034 11,581,559
Other real estate owned (“OREO”), net 21,938 21,035 21,990 10,787 8,656
Federal Home Loan Bank (“FHLB”) stock, at cost 28,324 18,964 21,964 29,776 26,947
Premises and equipment, net 30,722 34,575 55,316 56,714 56,242
Accrued interest receivable 13,634 15,195 26,880 29,979 30,954
Deferred tax assets, net 63,023 67,004 88,110 55,203 54,510
Customers' liabilities on acceptances 1,889 1,463 2,899 1,691 868
Bank owned life insurance (“BOLI”) 45,927 47,018 73,696 74,915 75,693
Investments in affordable housing partnerships 10,401 25,014 70,059 81,009 80,818
Goodwill 105,401 105,401 462,997 464,450 464,450
Core deposit intangible assets, net 3,887 2,820 19,226 16,523 15,292
Servicing assets, net 10,341 12,000 26,457 24,710 25,050
Other assets 20,031 25,113 46,778 47,642 42,816
Total assets 7,140,330 7,912,648 13,441,422 14,206,717 14,870,008

LIABILITIES AND STOCKHOLDERS' EQUITY

LIABILITIES

Deposits
Noninterest bearing 1,543,018 1,694,427 2,900,241 2,998,734 3,038,265
Interest bearing
Money market and NOW accounts 1,663,855 1,983,250 3,401,446 3,332,703 3,282,642
Savings deposits 198,205 187,498 301,906 240,509 229,746
Time deposits of $100,000 or more 1,667,367 1,772,975 NA NA NA
Time deposits of more than $250,000 NA NA 1,077,024 NA NA
Time deposits 621,007 702,826 2,961,418 4,274,663 5,183,942
Total deposits 5,693,452 6,340,976 10,642,035 10,846,609 11,734,595
FHLB advances 480,975 530,591 754,290 1,157,693 836,994
Federal funds purchased NA NA 0 69,900 0
Convertible notes, net NA NA NA 0 192,120
Subordinated debentures 42,158 42,327 99,808 100,853 101,386
Accrued interest payable 5,855 6,007 10,863 15,961 24,594
Acceptances outstanding 1,889 1,463 2,899 1,691 868
Commitments to fund investments in affordable housing partnerships NA 14,908 24,409 38,467 38,056
Other liabilities 33,228 38,281 51,645 47,288 35,719
Total liabilities 6,257,557 6,974,553 11,585,949 12,278,462 12,964,332

STOCKHOLDERS' EQUITY

Common stock 79 80 135 136 136
Additional paid-in capital 541,589 541,596 1,400,490 1,405,014 1,421,679
Retained earnings 339,400 398,251 469,505 544,886 607,944
Treasury stock NA NA NA 0 (78,961)
Accumulated other comprehensive loss, net 1,705 (1,832) (14,657) (21,781) (45,122)
Total stockholders' equity 882,773 938,095 1,855,473 1,928,255 1,905,676
Total liabilities and stockholders' equity 7,140,330 7,912,648 13,441,422 14,206,717 14,870,008
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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