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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
ASSETS    
Cash and due from banks $ 17,485 $ 53,550
Interest earning deposits 227,224 211,043
Cash and cash equivalents 244,709 264,593
Investment securities available for sale, at fair value 493,474 560,253
Loans held for sale (includes $2,117,510 and $1,757,807 respectively at fair value) 2,117,510 1,797,064
Loans receivable 6,142,390 5,452,895
Allowance for loan losses (37,315) (35,647)
Total loans receivable, net of allowance for loan losses 6,105,075 5,417,248
FHLB, Federal Reserve Bank, and other restricted stock 68,408 90,841
Accrued interest receivable 23,690 19,939
Bank premises and equipment, net 12,259 11,146
Bank-owned life insurance 161,494 157,211
Other real estate owned 3,108 5,057
Goodwill and other intangibles 3,639 3,651
Assets held for sale 79,271 2,680
Other assets 70,099 68,522
Total assets 9,382,736 8,398,205
Deposits:    
Demand, non-interest bearing 512,664 408,874
Interest bearing 6,334,316 5,253,559
Total deposits 6,846,980 5,662,433
Federal funds purchased 83,000 70,000
FHLB advances 868,800 1,625,300
Other borrowings 87,123 86,457
Subordinated debt 108,783 108,685
Liabilities held for sale 484,797 247,139
Accrued interest payable and other liabilities 47,381 44,289
Total liabilities 8,526,864 7,844,303
Commitments and contingencies (Notes 18 and 22)
Shareholders’ equity:    
Preferred stock, par value $1.00 per share; liquidation preference $25.00 per share; 100,000,000 shares authorized, 9,000,000 and 2,300,000 shares issued and outstanding as of December 31, 2016 and 2015 217,471 55,569
Common stock, par value $1.00 per share; 200,000,000 shares authorized; 30,820,177 and 27,432,061 shares issued as of December 31, 2016 and 2015; 30,289,917 and 26,901,801 shares outstanding as of December 31, 2016 and 2015 30,820 27,432
Additional paid in capital 427,008 362,607
Retained earnings 193,698 124,511
Accumulated other comprehensive loss, net (4,892) (7,984)
Treasury stock, at cost (530,260 shares as of December 31, 2016 and 2015) (8,233) (8,233)
Total shareholders’ equity 855,872 553,902
Total liabilities and shareholders’ equity $ 9,382,736 $ 8,398,205