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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
INTEREST INCOME:      
Loans receivable $ 167,204 $ 174,322 $ 184,357
Mortgage-backed securities 5,168 4,176 3,455
Securities and cash equivalents 7,340 8,664 9,751
Total interest income 179,712 187,162 197,563
INTEREST EXPENSE:      
Deposits 9,737 15,107 26,164
FHLB advances 99 254 370
Other borrowings 192 758 2,265
Junior subordinated debentures 2,968 3,395 4,193
Total interest expense 12,996 19,514 32,992
Net interest income before provision for loan losses 166,716 167,648 164,571
PROVISION FOR LOAN LOSSES 0 13,000 35,000
Net interest income 166,716 154,648 129,571
OTHER OPERATING INCOME:      
Deposit fees and other service charges 26,581 25,266 22,962
Mortgage banking operations 11,170 13,812 6,146
Miscellaneous 3,484 4,697 2,511
Other operating income 41,235 43,775 31,619
Gain on sale of securities 1,022 51 (5)
Other-than-temporary impairment recovery (loss) 409 (409) 3,000
Net change in valuation of financial instruments carried at fair value (2,278) (16,515) (624)
Proposed acquisition termination fee 2,954 0 0
Total other operating income 43,342 26,902 33,990
OTHER OPERATING EXPENSES:      
Salary and employee benefits 84,388 78,696 72,499
Less capitalized loan origination costs (11,227) (10,404) (8,001)
Occupancy and equipment 21,423 21,812 21,561
Information/computer data services 7,309 6,904 6,023
Payment and card processing expenses 9,870 8,604 7,874
Professional services 4,331 4,411 6,017
Advertising and marketing 6,885 7,215 7,281
Deposit Insurance 2,329 3,685 6,024
State/municipal business and use taxes 1,941 2,289 2,153
REO operations (689) 3,354 22,262
Amortization of core deposit intangibles 1,941 2,092 2,276
Miscellaneous 12,474 12,795 12,135
Total other operating expenses 140,975 141,453 158,104
Income before provision for (benefit from) income taxes 69,083 40,097 5,457
PROVISION FOR (BENEFIT FROM) INCOME TAXES 22,528 (24,785) 0
NET INCOME 46,555 64,882 5,457
PREFERRED STOCK DIVIDEND AND DISCOUNT ACCRETION      
Preferred stock dividend 0 4,938 6,200
Preferred stock discount accretion 0 3,298 1,701
Gain on repurchase of preferred stock 0 (2,471) 0
NET INCOME (LOSS) AVAILABLE TO COMMON SHAREHOLDERS $ 46,555 $ 59,117 $ (2,444)
Earnings (loss) per common share      
Basic (in dollars per share) $ 2.40 $ 3.17 $ (0.15)
Diluted (in dollars per share) $ 2.40 $ 3.16 $ (0.15)
Cumulative dividends declared per common share (in dollars per share) $ 0.54 $ 0.04 $ 0.10