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As Reported Financial Statements

As Reported Financials

Source Document Currency Code (in thousands) 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 12/31/2018 USD 2018 Y 12/31/2018 USD
Source Document Currency Code 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 12/31/2018 USD 2018 Y 12/31/2018 USD

ASSETS

Cash and due from banks 15,051 16,769 20,117 21,875
Interest-earning deposits in financial institutions 141,073 422,741 367,582 369,717
Total cash and cash equivalents 156,124 439,510 387,699 391,592
Time deposits in financial institutions 1,500 1,000 NA NA
Securities available-for-sale, carried at fair value 833,596 2,381,488 2,575,469 1,992,500
Securities held to maturity, at amortized cost 962,203 884,234 NA NA
Loans held-for-sale, carried at fair value 379,155 10,636 66,603 7,690
Loans held-for-sale, carried at lower of cost or fair value 289,686 287,382 466 426
Loans and leases receivable NA NA 6,659,407 7,700,873
Allowance for loan and lease losses NA NA (49,333) (62,192)
Loans and leases receivable, net 5,148,861 5,994,308 6,610,074 7,638,681
Federal Home Loan Bank and other bank stock, at cost 59,069 67,842 75,654 68,094
Servicing rights, net 50,727 39,936 33,708 3,428
Other real estate owned, net 1,097 2,502 1,796 672
Premises, equipment, and capital leases, net 111,539 140,917 135,699 129,394
Bank owned life insurance 100,171 102,512 104,851 107,027
Goodwill 39,244 37,144 37,144 37,144
Investments in alternative energy partnerships, net 0 25,639 48,826 28,988
Deferred income taxes, net 11,341 9,989 31,074 49,404
Income tax receivable 604 16,009 8,739 2,695
Other intangible assets, net 19,158 13,617 9,353 6,346
Other assets 71,480 92,694 161,797 146,496
Assets of discontinued operations NA 482,494 38,900 19,490
Total Assets 8,235,555 11,029,853 10,327,852 10,630,067

LIABILITIES AND STOCKHOLDERS' EQUITY

Noninterest-bearing deposits 1,121,124 1,282,629 1,071,608 1,023,360
Interest-bearing deposits 5,181,961 7,859,521 6,221,295 6,893,284
Total deposits 6,303,085 9,142,150 7,292,903 7,916,644
Advances from Federal Home Loan Bank 930,000 490,000 1,695,000 1,520,000
Other borrowings, net 0 67,922 NA NA
Long-term debt, net 261,876 175,378 172,941 173,174
Reserve for loss on repurchased loans 9,700 7,974 6,306 2,506
Income taxes payable 1,241 92 NA NA
Due on unsettled securities purchases 0 50,149 NA NA
Accrued expenses and other liabilities 77,248 81,469 140,575 72,209
Liabilities of discontinued operations NA 34,480 7,819 0
Total liabilities 7,583,150 10,049,614 9,315,544 9,684,533
Commitments and contingent liabilities NA NA 0 0
Preferred stock 190,750 269,071 269,071 231,128
Common stock 395 537 517 518
Class B non-voting non-convertible common stock 1 2 5 5
Additional paid-in capital 429,790 614,226 621,435 625,834
Retained earnings 63,534 134,515 144,839 140,952
Treasury stock, at cost (29,070) (29,070) (28,786) (28,786)
Accumulated other comprehensive (loss) income, net (2,995) (9,042) 5,227 (24,117)
Total stockholders' equity 652,405 980,239 1,012,308 945,534
Total liabilities and stockholders' equity 8,235,555 11,029,853 10,327,852 10,630,067
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.