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ACCOUNTING POLICIES (FY) (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2017
Dec. 31, 2016
ACCOUNTING POLICIES [Abstract]    
Condensed consolidated statement of financial position to reflect cumulative effect of adjustments
The adjustments below reflect the recording of a $0.54 million increase in the fair value of our capitalized mortgage loan servicing rights with a $0.19 million reduction in deferred tax assets, net for a net impact on accumulated deficit and total equity of $0.35 million.
January 1,
2017
Originally
Presented
Cumulative
Retrospective
Adjustments
January 1,
2017
Adjusted
(In thousands)
Deferred tax assets, net
$
32,818
 
$
(190
)(1)
$
32,628
 
Capitalized mortgage loan servicing rights
$
13,671
 
$
542
(1)
$
14,213
 
Total assets
$
2,548,950
 
$
352
 
$
2,549,302
 
Accumulated deficit
$
(65,657
)
$
352
(1)
 
 
 
 
 
 
$
(300
)(2)
$
(65,605
)
Accumulated other comprehensive loss
$
(9,108
)
$
300
(2)
$
(8,808
)
Total Shareholders’ Equity
$
248,980
 
$
352
 
$
249,332
 
Total Liabilities and Shareholders’ Equity
$
2,548,950
 
$
352
 
$
2,549,302
 
(1)Represents adjustment to capitalized mortgage loan servicing rights, deferred tax assets, net, and accumulated deficit to reflect the adoption of the fair value method of accounting for our capitalized mortgage loan servicing rights.
(2)Represents adjustment to accumulated deficit and accumulated other comprehensive loss to reflect the adoption of ASU 2017-08.
The impact of this adoption was to adjust our January 1, 2016 Consolidated Statement of Financial Position to reflect cumulative effect adjustments as follows:
January 1,
2016
Originally
Presented
Cumulative
Retrospective
Adjustments
January 1,
2016
Adjusted
(Dollars in thousands)
Deferred tax assets
$
39,635
 
$
1,247
 
$
40,882
 
Total assets
$
2,409,066
 
$
1,247
 
$
2,410,313
 
Common stock
$
339,462
 
$
62
 
$
339,524
 
Accumulated deficit
$
(82,334
)
$
1,185
 
$
(81,149
)
Total Shareholders’ Equity
$
251,092
 
$
1,247
 
$
252,339
 
Total Liabilities and Shareholders’ Equity
$
2,409,066
 
$
1,247
 
$
2,410,313