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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 9/30/2017 USD 2017 Q3 YTD 9/30/2017 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 9/30/2017 USD 2017 Q3 YTD 9/30/2017 USD

ASSETS

Cash and due from banks 4,937 14,364 15,051 16,769 17,444
Interest-earning deposits in financial institutions 105,181 216,835 141,073 422,741 594,382
Total cash and cash equivalents 110,118 231,199 156,124 439,510 611,826
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 2,755,664
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 43,188
Loans held-for-sale, carried at lower of cost or fair value 524,120 908,341 289,686 287,382 6,942
Loans and leases receivable, net of allowance for loan and lease losses 2,427,306 3,919,642 5,148,861 5,994,308 6,181,825
Federal Home Loan Bank and other bank stock, at cost 22,600 42,241 59,069 67,842 67,063
Servicing rights, net 13,883 13,619 50,727 39,936 40,448
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 3,682
Premises, equipment, and capital leases, net 66,260 78,685 111,539 140,917 139,326
Bank owned life insurance 18,881 19,095 100,171 102,512 104,292
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 43,817
Deferred income taxes, net 0 16,373 11,341 9,989 23,333
Income tax receivable 2,995 0 604 16,009 7,699
Other intangible assets, net 12,152 25,252 19,158 13,617 10,219
Other assets 18,590 32,695 71,480 92,694 142,985
Assets of discontinued operations NA NA NA 482,494 59,575
Total assets 3,628,023 5,971,297 8,235,555 11,029,853 10,280,028

LIABILITIES AND STOCKHOLDERS' EQUITY

Noninterest-bearing deposits 429,158 662,295 1,121,124 1,282,629 1,075,782
Interest-bearing deposits 2,489,486 4,009,536 5,181,961 7,859,521 6,327,811
Total deposits 2,918,644 4,671,831 6,303,085 9,142,150 7,403,593
Advances from Federal Home Loan Bank 250,000 633,000 930,000 490,000 1,470,000
Securities sold under repurchase agreements NA NA NA 0 36,520
Other borrowings NA NA 0 67,922 0
Long term debt, net 82,320 93,569 261,876 175,378 172,865
Reserve for loss on repurchased loans 5,427 8,303 9,700 7,974 6,173
Income taxes payable 0 56 1,241 92 0
Due on unsettled securities purchases NA NA 0 50,149 54,500
Accrued expenses and other liabilities 46,763 61,223 77,248 81,469 109,969
Liabilities of discontinued operations NA NA NA 34,480 12,500
Total liabilities 3,303,154 5,467,982 7,583,150 10,049,614 9,266,120

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 210 358 395 537 542
Class B non-voting non-convertible common stock 6 6 1 2 4
Additional paid-in capital 256,306 422,910 429,790 614,226 619,849
Retained earnings 16,981 29,589 63,534 134,515 145,420
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) 7,808
Total stockholders' equity 324,869 503,315 652,405 980,239 1,013,908
Total liabilities and stockholders' equity 3,628,023 5,971,297 8,235,555 11,029,853 10,280,028
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.