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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 9/30/2018 USD 2018 Q3 YTD 9/30/2018 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 9/30/2018 USD 2018 Q3 YTD 9/30/2018 USD

ASSETS

Cash and due from banks 14,364 15,051 16,769 20,117 20,084
Interest-earning deposits in financial institutions 216,835 141,073 422,741 367,582 352,137
Total cash and cash equivalents 231,199 156,124 439,510 387,699 372,221
Time deposits in financial institutions 1,900 1,500 1,000 NA NA
Securities available-for-sale, at fair value 345,695 833,596 2,381,488 2,575,469 2,059,832
Securities held to maturity, at amortized cost 0 962,203 884,234 NA NA
Loans held-for-sale, carried at fair value 278,749 379,155 10,636 66,603 8,024
Loans held-for-sale, carried at lower of cost or fair value 908,341 289,686 287,382 466 1,358
Loans and leases receivable, net of allowance for loan and lease losses 3,919,642 5,148,861 5,994,308 6,610,074 7,195,511
Federal Home Loan Bank and other bank stock, at cost 42,241 59,069 67,842 75,654 71,308
Servicing rights, net 13,619 50,727 39,936 33,708 3,770
Servicing rights held-for-sale, carried at fair value 5,947 NA NA NA NA
Accrued interest receivable 15,113 NA NA NA NA
Other real estate owned, net 423 1,097 2,502 1,796 434
Premises, equipment, and capital leases, net 78,685 111,539 140,917 135,699 133,129
Bank owned life insurance 19,095 100,171 102,512 104,851 106,468
Goodwill 31,591 39,244 37,144 37,144 37,144
Affordable housing fund investment 4,737 NA NA NA NA
Investments in alternative energy partnerships, net NA 0 25,639 48,826 41,781
Deferred income taxes, net 16,373 11,341 9,989 31,074 47,865
Income tax receivable 0 604 16,009 8,739 1,764
Other intangible assets, net 25,252 19,158 13,617 9,353 6,990
Other assets 32,695 71,480 92,694 161,797 152,933
Assets of discontinued operations NA NA 482,494 38,900 20,290
Total assets 5,971,297 8,235,555 11,029,853 10,327,852 10,260,822

LIABILITIES AND STOCKHOLDERS' EQUITY

Noninterest-bearing deposits 662,295 1,121,124 1,282,629 1,071,608 1,061,557
Interest-bearing deposits 4,009,536 5,181,961 7,859,521 6,221,295 6,340,185
Total deposits 4,671,831 6,303,085 9,142,150 7,292,903 7,401,742
Advances from Federal Home Loan Bank 633,000 930,000 490,000 1,695,000 1,640,000
Other borrowings NA 0 67,922 NA NA
Long term debt, net 93,569 261,876 175,378 172,941 173,096
Reserve for loss on repurchased loans 8,303 9,700 7,974 6,306 2,575
Income taxes payable 56 1,241 92 NA NA
Due on unsettled securities purchases NA 0 50,149 0 17,500
Accrued expenses and other liabilities 61,223 77,248 81,469 140,575 79,231
Liabilities of discontinued operations NA NA 34,480 7,819 0
Total liabilities 5,467,982 7,583,150 10,049,614 9,315,544 9,314,144

Preferred stock

Series A, non-cumulative perpetual preferred stock 31,934 NA NA NA NA
Series B, non-cumulative perpetual preferred stock 10,000 NA NA NA NA
Series C, 8.00% non-cumulative perpetual preferred stock 37,943 NA NA NA NA
Series D, 7.375% non-cumulative perpetual preferred stock 0 NA NA NA NA
Preferred stock NA 190,750 269,071 269,071 231,128
Common stock 358 395 537 517 518
Class B non-voting non-convertible common stock 6 1 2 5 5
Additional paid-in capital 422,910 429,790 614,226 621,435 624,789
Retained earnings 29,589 63,534 134,515 144,839 140,971
Treasury stock (29,798) (29,070) (29,070) (28,786) (28,786)
Accumulated other comprehensive (loss) income, net 373 (2,995) (9,042) 5,227 (21,947)
Total stockholders' equity 503,315 652,405 980,239 1,012,308 946,678
Total liabilities and stockholders' equity 5,971,297 8,235,555 11,029,853 10,327,852 10,260,822
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.