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CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Interest income:    
Loans $ 137,033 $ 139,344
Investment securities 12,725 12,604
Money market investments 1,073 537
Total interest income 150,831 152,485
Interest expense:    
Deposits 17,257 17,694
Securities sold under agreements to repurchase 5,476 6,393
Advances from FHLB 1,471 934
Notes payable and other borrowings 1,979 1,817
Total interest expense 26,183 26,838
Net interest income (loss) 124,648 125,647
Provision for loan and lease losses 21,053 32,970
Net interest income after provision for loan and lease losses 103,595 92,677
Non-interest income:    
Service charges on deposit accounts 5,800 4,555
Mortgage banking activities 4,753 3,618
Net (loss) gain on sale of investments (includes $42 accumulated other comprehensive income reclassification for other-than-temporary impairment on equity securities for the quarter and six-month period ended June 30, 2013) 8 0
Other-than-temporary impairment losses on investment securities:    
Total other-than-temporary impairment losses (1,845) 0
Other Than Temporary Impairment Non Credit Losses (4,842) (156)
Net impairment losses on investment securities (6,687) (156)
Loss on early extinguishment of borrowings 4,217 0
Business Combination Bargain Purchase Gain Recognized Amount 0 13,443
Insurance income 3,269 3,022
Other non-interest income 7,109 8,247
Total non-interest income 18,469 32,729
Non-interest expenses:    
Employees' compensation and benefits 38,435 35,654
Occupancy and equipment 14,183 14,349
Business promotion 4,003 2,868
Professional fees 10,776 15,218
Taxes, other than income taxes 3,792 3,001
Insurance and supervisory fees 7,343 6,860
Net loss on real estate owned (REO) and REO operations 3,206 2,628
Credit and debit processing fees 3,282 3,957
Communications 1,808 1,608
Other non-interest expenses 6,169 5,585
Total non-interest expenses 92,997 91,728
Income (loss) before income taxes 29,067 33,678
Income tax expense (5,723) (8,032)
Net income (loss) 23,344 25,646
Net income (loss) attributable to common stockholders - basic $ 23,344 $ 25,646
Net income (loss) per common share:    
Basic $ 0.11 $ 0.12
Diluted 0.11 0.12
Dividends declared per common share $ 0 $ 0