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Consolidated Balance Sheet - Unaudited - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
ASSETS    
Cash and due from banks $ 22,969 $ 20,388
Interest-earning deposits 228,757 125,935
Cash and cash equivalents 251,726 146,323
Investment securities, at fair value 1,161,000 471,371
Loans held for sale (includes $1,931,781 and $1,795,294, respectively, at fair value) 1,931,781 1,939,485
Loans receivable 7,181,726 6,768,258
Allowance for loan losses (38,288) (38,015)
Total loans receivable, net of allowance for loan losses 7,143,438 6,730,243
FHLB, Federal Reserve Bank, and other restricted stock 136,066 105,918
Accrued interest receivable 33,956 27,021
Bank premises and equipment, net 11,224 11,955
Bank-owned life insurance 261,121 257,720
Other real estate owned 1,705 1,726
Goodwill and other intangibles 17,150 16,295
Other assets 143,679 131,498
Total assets 11,092,846 9,839,555
Deposits:    
Demand, non-interest bearing 1,090,744 1,052,115
Interest-bearing 6,205,210 5,748,027
Total deposits 7,295,954 6,800,142
Federal funds purchased 105,000 155,000
FHLB advances 2,389,797 1,611,860
Other borrowings 186,888 186,497
Subordinated debt 108,929 108,880
Accrued interest payable and other liabilities 70,051 56,212
Total liabilities 10,156,619 8,918,591
Shareholders’ equity:    
Preferred stock, par value $1.00 per share; liquidation preference $25.00 per share; 100,000,000 shares authorized, 9,000,000 shares issued and outstanding as of June 30, 2018 and December 31, 2017 217,471 217,471
Common stock, par value $1.00 per share; 200,000,000 shares authorized; 32,199,903 and 31,912,763 shares issued as of June 30, 2018 and December 31, 2017; 31,669,643 and 31,382,503 shares outstanding as of June 30, 2018 and December 31, 2017 32,200 31,913
Additional paid in capital 428,796 422,096
Retained earnings 299,990 258,076
Accumulated other comprehensive loss, net (33,997) (359)
Treasury stock, at cost (530,260 shares as of June 30, 2018 and December 31, 2017) (8,233) (8,233)
Total shareholders’ equity 936,227 920,964
Total liabilities and shareholders’ equity $ 11,092,846 $ 9,839,555