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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
ASSETS    
Cash and due from banks $ 16,769 $ 15,051
Interest-bearing deposits 422,741 141,073
Total cash and cash equivalents 439,510 156,124
Time deposits in financial institutions 1,000 1,500
Securities available-for-sale, carried at fair value 2,381,488 833,596
Securities held-to-maturity, at amortized cost (fair value of $899,743 and $932,285 at December 31, 2016 and 2015, respectively) 884,234 962,203
Loans held-for-sale, carried at fair value 416,974 379,155
Loans held-for-sale, carried at lower of cost or fair value 287,677 289,686
Loans and leases receivable, net of allowance of $40,444 and $35,533 at December 31, 2016 and 2015, respectively 5,994,308 5,148,861
Federal Home Loan Bank and other bank stock, at cost 67,842 59,069
Servicing rights, net ($76,121 and $49,939 measured at fair value at December 31, 2016 and 2015, respectively) 77,617 50,727
Other real estate owned, net 2,502 1,097
Premises, equipment, and capital leases, net 143,617 111,539
Bank-owned life insurance 102,512 100,171
Goodwill 39,244 39,244
Investments in alternative energy partnerships, net 25,639 0
Deferred income tax 9,989 11,341
Income tax receivable 16,009 604
Other intangible assets, net 13,617 19,158
Other assets 126,074 71,480
Total Assets 11,029,853 8,235,555
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Noninterest-bearing deposits 1,282,629 1,121,124
Interest-bearing deposits 7,859,521 5,181,961
Total deposits 9,142,150 6,303,085
Advances from Federal Home Loan Bank 490,000 930,000
Other borrowing, net 67,922 0
Long term debt, net 175,378 261,876
Reserve for loss on repurchased loans 7,974 9,700
Income taxes payable 92 1,241
Due on unsettled securities purchases 50,149 0
Accrued expenses and other liabilities 115,949 77,248
Total liabilities 10,049,614 7,583,150
Commitments and contingent liabilities
Preferred stock 269,071 190,750
Additional paid-in capital 614,226 429,790
Retained earnings 134,515 63,534
Treasury stock, at cost (4,099,023 shares at December 31, 2016 and 1,599,023 shares at December 31, 2015) (29,070) (29,070)
Accumulated other comprehensive loss, net (9,042) (2,995)
Total stockholders’ equity 980,239 652,405
Total liabilities and stockholders’ equity 11,029,853 8,235,555
Class A Common Stock    
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Common stock 537 395
Class B Common Stock    
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Common stock $ 2 $ 1