Business Segments (Tables)

9 Months Ended

Sep. 30, 2016

Schedule of Segment Reporting Information, by Segment



	Three Months Ended September 30, 2016
	Community Business Banking			BankMobile					Consolidated
Interest income	$	82,828		$	1,384		⁽¹	⁾	$	84,212
Interest expense	19,620			7					19,627
Net interest income	63,208			1,377					64,585
Provision for loan losses	(162		)	250					88
Non-interest income	11,121			16,365					27,486
Non-interest expense	36,864			19,354					56,218
Income (loss) before income tax expense	37,627			(1,862		)			35,765
Income tax expense/(benefit)	15,284			(708		)			14,576
Net income (loss)	22,343			(1,154		)			21,189
Preferred stock dividends	2,552			—					2,552
Net income (loss) available to common shareholders	$	19,791		$	(1,154	)			$	18,637



	Three Months Ended September 30, 2015
	Community Business Banking		BankMobile					Consolidated
Interest income	$	62,153	$	1,583		⁽¹	⁾	$	63,736
Interest expense	13,795		7					13,802
Net interest income	48,358		1,576					49,934
Provision for loan losses	2,094		—					2,094
Non-interest income	6,160		11					6,171
Non-interest expense	28,467		1,840					30,307
Income (loss) before income tax expense	23,957		(253		)			23,704
Income tax expense/(benefit)	8,511		(96		)			8,415
Net income (loss)	15,446		(157		)			15,289
Preferred stock dividends	980		—					980
Net income (loss) available to common shareholders	$	14,466	$	(157	)			$	14,309

(1) - Amounts reported include funds transfer pricing of $1.4 million and $1.6 million, respectively, for the three months ended September 30, 2016 and 2015 credited to BankMobile for the value provided to the Community Business Banking segment for the use of low/no cost deposits.



	Nine Months Ended September 30, 2016
	Community Business Banking		BankMobile					Consolidated
Interest income	$	234,513	$	4,418		⁽¹	⁾	$	238,931
Interest expense	53,539		22					53,561
Net interest income	180,974		4,396					185,370
Provision for loan losses	2,605		249					2,854
Non-interest income	22,241		18,996					41,237
Non-interest expense	101,053		27,253					128,306
Income (loss) before income tax expense	99,557		(4,110		)			95,447
Income tax expense/(benefit)	38,691		(1,562		)			37,129
Net income (loss)	60,866		(2,548		)			58,318
Preferred stock dividends	5,900		—					5,900
Net income (loss) available to common shareholders	$	54,966	$	(2,548	)			$	52,418

As of September 30, 2016
Goodwill and other intangibles	$	3,642	$	13,282				$	16,924
Total assets	$	9,532,281	$	70,329				$	9,602,610
Total deposits	$	6,855,788	$	533,182				$	7,388,970



	Nine Months Ended September 30, 2015
	Community Business Banking		BankMobile					Consolidated
Interest income	$	177,215	$	4,922		⁽¹	⁾	$	182,137
Interest expense	39,299		16					39,315
Net interest income	137,916		4,906					142,822
Provision for loan losses	14,393		—					14,393
Non-interest income	18,272		25					18,297
Non-interest expense	78,344		5,088					83,432
Income (loss) before income tax expense	63,451		(157		)			63,294
Income tax expense/(benefit)	22,557		(60		)			22,497
Net income (loss)	40,894		(97		)			40,797
Preferred stock dividends	1,487		—					1,487
Net income (loss) available to common shareholders	$	39,407	$	(97	)			$	39,310

As of September 30, 2015
Goodwill and other intangibles	$	3,654	$	—				$	3,654
Total assets	$	7,593,556	$	2,620				$	7,596,176
Total deposits	$	5,423,717	$	361,477				$	5,785,194

(1) - Amounts reported include funds transfer pricing of $4.4 million and $4.9 million, respectively, for the nine months ended September 30, 2016 and 2015 credited to BankMobile for the value provided to the Community Business Banking segment for the use of low/no cost deposits.