XML 12 R2.htm IDEA: XBRL DOCUMENT v3.19.2
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
ASSETS    
Cash and due from banks $ 187,043 $ 231,029
Interest bearing deposits 59,753 41,167
Total cash and cash equivalents 246,796 272,196
Securities—trading 25,741 25,896
Securities—available-for-sale, amortized cost $1,535,775 and $1,648,421, respectively 1,561,009 1,636,223
Securities—held-to-maturity, fair value $206,917 and $232,537, respectively 203,222 234,220
Total securities 1,789,972 1,896,339
Federal Home Loan Bank (FHLB) stock 34,583 31,955
Loans held for sale (includes $149.7 million and $164.8 million, at fair value, respectively) 170,744 171,031
Loans receivable 8,746,550 8,684,595
Allowance for loan losses 98,254 96,485
Loans and Leases Receivable, Net Amount 8,648,296 8,588,110
Accrued interest receivable 40,238 38,593
Real estate owned (REO), held for sale, net 2,513 2,611
Property and equipment, net 171,233 171,809
Goodwill 339,154 339,154
Other intangibles, net 28,595 32,924
Bank-owned life insurance (BOLI) 178,922 177,467
Deferred tax assets, net 61,327 75,020
Other assets 135,001 74,108
Total assets 11,847,374 11,871,317
Deposits:    
Non-interest-bearing 3,671,995 3,657,817
Interest-bearing transaction and savings accounts 4,546,202 4,498,966
Interest-bearing certificates [1] 1,070,770 1,320,265
Total deposits 9,288,967 9,477,048
Advances from FHLB 606,000 540,189
Other borrowings 118,370 118,995
Junior subordinated debentures at fair value (issued in connection with Trust Preferred Securities) 113,621 114,091
Accrued expenses and other liabilities 159,131 102,061
Deferred compensation 40,230 40,338
Total liabilities 10,326,319 10,392,722
COMMITMENTS AND CONTINGENCIES (Note 13)
SHAREHOLDERS’ EQUITY    
Preferred stock - $0.01 par value per share, 500,000 shares authorized; no shares outstanding at June 30, 2019 and December 31, 2018 0 0
Retained earnings 178,257 134,055
Carrying value of shares held in trust for stock-based compensation plans (7,324) (7,289)
Liability for common stock issued to stock related compensation plans 7,324 7,289
Accumulated other comprehensive income 35,910 7,104
Total shareholders' equity 1,521,055 1,478,595
Total liabilities and shareholders' equity 11,847,374 11,871,317
Voting Common Stock [Member]    
SHAREHOLDERS’ EQUITY    
Common stock and paid in capital 1,306,000 1,336,030
Nonvoting Common Stock [Member]    
SHAREHOLDERS’ EQUITY    
Common stock and paid in capital $ 888 $ 1,406
[1]
Certificates of deposit include $384,000 and $563,000 of acquisition premiums at June 30, 2019 and December 31, 2018, respectively.