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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks $ 211,013 $ 234,359
Interest bearing deposits 83,988 73,376
Total cash and cash equivalents 295,001 307,735
Securities—trading 21,040 25,636
Securities—available-for-sale, amortized cost $1,544,513 and $1,529,946, respectively 1,608,224 1,551,557
Securities—held-to-maturity, net of allowance for credit losses of $98 and none, respectively, fair value $449,237 and $237,805, respectively 437,944 236,094
Debt Securities, Held-to-maturity, Net of Allowance for Credit Losses 437,846  
Total securities 2,067,110 1,813,287
Federal Home Loan Bank (FHLB) stock 20,247 28,342
Loans held for sale (includes $169.2 million and $199.4 million, at fair value, respectively) 182,428 210,447
Loans receivable 9,285,744 9,305,357
Allowance for credit losses - loans 130,488 100,559
Loans and Leases Receivable, Net Amount 9,155,256 9,204,798
Accrued interest receivable 40,732 37,962
Real estate owned (REO), held for sale, net 2,402 814
Property and equipment, net 175,235 178,008
Goodwill 373,121 373,121
Other intangibles, net 27,157 29,158
Bank-owned life insurance (BOLI) 193,140 192,088
Deferred tax assets, net 46,582 59,639
Other assets 202,539 168,632
Total assets 12,780,950 12,604,031
Deposits:    
Non-interest-bearing 4,107,262 3,945,000
Interest-bearing transaction and savings accounts 5,175,969 4,983,238
Interest-bearing certificates [1] 1,166,306 1,120,403
Total deposits 10,449,537 10,048,641
Advances from FHLB 247,000 450,000
Other borrowings 128,764 118,474
Junior subordinated debentures at fair value (issued in connection with Trust Preferred Securities) 99,795 119,304
Accrued expenses and other liabilities 208,753 227,889
Deferred compensation 45,401 45,689
Total liabilities 11,179,250 11,009,997
COMMITMENTS AND CONTINGENCIES (Note 13)  
SHAREHOLDERS’ EQUITY    
Preferred stock - $0.01 par value per share, 500,000 shares authorized; no shares outstanding at March 31, 2020 and December 31, 2019 0 0
Retained earnings 177,922 186,838
Carrying value of shares held in trust for stock-based compensation plans (7,650) (7,507)
Liability for common stock issued to stock related compensation plans 7,650 7,507
Accumulated other comprehensive income 80,079 33,256
Total shareholders' equity 1,601,700 1,594,034
Total liabilities and shareholders' equity 12,780,950 12,604,031
Voting Common Stock [Member]    
SHAREHOLDERS’ EQUITY    
Common stock and paid in capital 1,343,699 1,373,198
Nonvoting Common Stock [Member]    
SHAREHOLDERS’ EQUITY    
Common stock and paid in capital $ 0 $ 742
[1]
Certificates of deposit include $206,000 and $269,000 of acquisition premiums at March 31, 2020 and December 31, 2019, respectively.