As Reported Financial Statements

As Reported Financials

Source Document Currency Code (in thousands) 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 9/30/2018 USD 2018 Q3 YTD 9/30/2018 USD
Source Document Currency Code 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 9/30/2018 USD 2018 Q3 YTD 9/30/2018 USD

ASSETS

Cash and due from banks 121,520 229,513 293,646 479,906 533,984

Securities

Available for sale, at fair value 1,140,846 1,921,032 1,727,417 3,612,072 3,843,244
Held to maturity, at amortized cost 572,337 722,791 1,391,421 2,862,489 2,842,728
Total securities 1,713,183 2,643,823 3,118,838 6,474,561 6,685,972
Loans held for sale 46,599 34,110 41,889 5,246 31,042
Portfolio loans 4,815,641 7,859,360 9,527,230 20,008,983 20,533,214
Allowance for loan losses (42,374) (50,145) (63,622) (77,907) (91,365)
Portfolio loans, net 4,773,267 7,809,215 9,463,608 19,931,076 20,441,849
Federal Home Loan Bank (“FHLB”) and Federal Reserve Bank (“FRB”) stock, at cost 75,437 116,758 135,098 284,112 351,455
Accrued interest receivable 19,301 31,531 43,319 94,098 109,377
Premises and equipment, net 46,156 63,362 57,318 321,722 289,794
Goodwill 388,926 670,699 696,600 1,579,891 1,609,772
Other intangible assets, net 43,332 77,367 66,353 153,191 135,409
Bank owned life insurance 150,522 196,288 199,889 651,638 660,279
Other real estate owned 5,867 14,614 13,619 27,095 22,735
Other assets 40,712 68,672 48,270 357,005 389,597
Total assets 7,424,822 11,955,952 14,178,447 30,359,541 31,261,265

LIABILITIES AND STOCKHOLDERS' EQUITY

LIABILITIES

Deposits 5,212,325 8,580,007 10,068,259 20,538,204 21,456,057
FHLB borrowings 1,003,209 1,409,885 1,791,000 4,510,123 4,429,110
Repurchase agreements 9,846 16,566 16,642 30,162 22,888
Senior Notes 98,498 98,893 76,469 278,209 200,972
Subordinated Notes NA 0 172,501 172,716 172,885
Mortgage escrow funds 4,167 13,778 13,572 122,641 96,952
Other liabilities 121,577 171,750 184,821 467,308 444,098
Total liabilities 6,449,622 10,290,879 12,323,264 26,119,363 26,822,962
Commitments and Contingent liabilities 0 0 0 NA NA

STOCKHOLDERS' EQUITY

Preferred stock 0 0 0 139,220 138,627
Common stock 912 1,367 1,411 2,299 2,299
Additional paid-in capital 858,489 1,506,612 1,597,287 3,780,908 3,773,164
Treasury stock, at cost (82,908) (76,190) (66,188) (58,039) (51,973)
Retained earnings 208,958 245,408 349,308 401,956 694,861
Accumulated other comprehensive loss, net of tax benefit (10,251) (12,124) (26,635) (26,166) (118,675)
Total stockholders' equity 975,200 1,665,073 1,855,183 4,240,178 4,438,303
Total liabilities and stockholders' equity 7,424,822 11,955,952 14,178,447 30,359,541 31,261,265
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.