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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Interest income:      
Loans $ 312,421 $ 321,945 $ 367,622
Mortgage-backed securities 26,994 30,522 35,338
Investment securities 6,232 4,125 3,608
Total interest income 345,647 356,592 406,568
Interest expense:      
Deposits 30,298 29,253 27,034
Securities sold under agreements to repurchase 7,223 18,805 29,567
Advances from FHLB and other borrowings 2,398 6,186 9,072
Subordinated capital notes 1,556 2,921 3,523
Total interest expense 41,475 57,165 69,196
Net interest income 304,172 299,427 337,372
Provision for Loan, Lease, and Other Losses 113,139 65,076 161,501
Net interest income after provision for loan and lease losses 191,033 234,351 175,871
Non-interest income:      
Banking service revenues 39,468 41,647 41,466
Wealth management revenue 25,790 27,433 29,040
Mortgage banking activities 4,050 5,021 6,128
Total Banking and Financial Service Revenues 69,308 74,101 76,634
Net impairment losses recognized in earnings 0 0 1,490
FDIC shared-loss benefit (expense), net [Abstract]      
FDIC shared-loss benefit (expense), net 1,403 (13,581) (42,808)
Reimbursement from FDIC shared-loss coverage in sale of loans 0 0 20,000
Net gain (loss) on:      
Sale of securities 6,896 12,207 2,572
Derivatives 132 (71) (190)
Early extinguishment of debt (80) (12,000) 0
Other non-interest income 1,028 6,163 (2,142)
Total non-interest income, net 78,687 66,819 52,576
Non-interest expense:      
Compensation and employee benefits 79,751 76,761 78,999
Professional and service fees 12,406 12,235 14,973
Occupancy and equipment 32,557 30,300 33,466
Insurance 5,223 9,109 9,567
Electronic banking charges 19,322 20,707 21,893
Information technology related expenses 8,010 7,116 5,648
Advertising, business promotion, and strategic initiatives 5,616 5,485 6,452
Loss on sale of foreclosed real estate and other reossessed assets 4,634 10,282 30,546
Loan servicing and clearing expenses 4,693 8,247 9,198
Taxes, other than payroll and income taxes 9,187 9,782 9,460
Communication 3,415 3,379 3,808
Printing, postage, stationary and supplies 2,437 2,558 2,575
Director and investors relations 1,072 1,087 1,091
Credit related expenses 7,992 10,267 11,091
Other 5,316 8,675 9,738
Total non-interest expense 201,631 215,990 248,505
Income before income taxes 68,089 85,180 (20,058)
Income tax expense (benefit) 15,443 25,994 (17,554)
Net income 52,646 59,186 (2,504)
Dividends on preferred stock (13,862) (13,862) (13,862)
Income (loss) available to common shareholders $ 38,784 $ 45,324 $ (16,366)
Earnings per common share:      
Basic $ 0.88 $ 1.03 $ (0.37)
Diluted $ 0.88 $ 1.03 $ (0.37)
Average common shares outstanding and equivalents 51,096 51,088 51,455
Cash dividends per share of common stock $ 0.24 $ 0.24 $ 0.36