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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 due from banks 4,937 14,364 15,051 16,769 16,812
Interest-earning deposits in financial institutions 105,181 216,835 141,073 422,741 494,378
Total cash and cash equivalents 110,118 231,199 156,124 439,510 511,190
Time deposits in financial institutions 1,846 1,900 1,500 1,000 1,000
Securities available-for-sale, at fair value 170,022 345,695 833,596 2,381,488 2,915,103
Securities held to maturity, at amortized cost NA 0 962,203 884,234 0
Loans held-for-sale, carried at fair value 192,613 278,749 379,155 10,636 21,468
Loans held-for-sale, carried at lower of cost or fair value 524,120 908,341 289,686 287,382 257,356
Loans and leases receivable, net of allowance for loan and lease losses 2,427,306 3,919,642 5,148,861 5,994,308 5,913,952
Federal Home Loan Bank and other bank stock, at cost 22,600 42,241 59,069 67,842 63,438
Servicing rights, net 13,883 13,619 50,727 39,936 43,834
Servicing rights held-for-sale, carried at fair value 0 5,947 NA NA NA
Accrued interest receivable 10,866 15,113 NA NA NA
Other real estate owned, net 0 423 1,097 2,502 3,267
Premises, equipment, and capital leases, net 66,260 78,685 111,539 140,917 143,398
Bank owned life insurance 18,881 19,095 100,171 102,512 103,709
Goodwill 30,143 31,591 39,244 37,144 37,144
Affordable housing fund investment 5,628 4,737 NA NA NA
Investments in alternative energy partnerships, net NA NA 0 25,639 37,605
Deferred income taxes, net 0 16,373 11,341 9,989 9,499
Income tax receivable 2,995 0 604 16,009 14,984
Other intangible assets, net 12,152 25,252 19,158 13,617 11,135
Other assets 18,590 32,695 71,480 92,694 113,534
Assets of discontinued operations NA NA NA 482,494 164,152
Total assets 3,628,023 5,971,297 8,235,555 11,029,853 10,365,768

LIABILITIES AND STOCKHOLDERS' EQUITY

Noninterest-bearing deposits 429,158 662,295 1,121,124 1,282,629 1,138,095
Interest-bearing deposits 2,489,486 4,009,536 5,181,961 7,859,521 6,906,816
Total deposits 2,918,644 4,671,831 6,303,085 9,142,150 8,044,911
Advances from Federal Home Loan Bank 250,000 633,000 930,000 490,000 870,000
Securities sold under repurchase agreements NA NA NA 0 53,242
Other borrowings NA NA 0 67,922 0
Long term debt, net 82,320 93,569 261,876 175,378 172,790
Reserve for loss on repurchased loans 5,427 8,303 9,700 7,974 8,028
Income taxes payable 0 56 1,241 92 0
Due on unsettled securities purchases NA NA 0 50,149 116,090
Accrued expenses and other liabilities 46,763 61,223 77,248 81,469 77,186
Liabilities of discontinued operations NA NA NA 34,480 17,229
Total liabilities 3,303,154 5,467,982 7,583,150 10,049,614 9,359,476

Preferred stock

Series A, non-cumulative perpetual preferred stock, 31,934 31,934 NA NA NA
Series B, non-cumulative perpetual preferred stock 10,000 10,000 NA NA NA
Series C, 8.00% non-cumulative perpetual preferred stock 37,943 37,943 NA NA NA
Series D, 7.375% non-cumulative perpetual preferred stock NA 0 NA NA NA
Preferred stock NA NA 190,750 269,071 269,071
Common stock 210 358 395 537 540
Class B non-voting non-convertible common stock 6 6 1 2 4
Additional paid-in capital 256,306 422,910 429,790 614,226 616,251
Retained earnings 16,981 29,589 63,534 134,515 140,331
Treasury stock, at cost (27,911) (29,798) (29,070) (29,070) (28,786)
Accumulated other comprehensive income (loss), net (600) 373 (2,995) (9,042) 8,881
Total stockholders' equity 324,869 503,315 652,405 980,239 1,006,292
Total liabilities and stockholders' equity 3,628,023 5,971,297 8,235,555 11,029,853 10,365,768
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.