2016 Q4 Form 10-Q Financial Statement

#000129970917000008 Filed on January 30, 2017

View on sec.gov

Income Statement

Concept 2016 Q4 2015 Q4
Revenue $94.30M $75.94M
YoY Change 24.19% 28.53%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.400M $1.000M
YoY Change 40.0% 25.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $17.94M $12.76M
YoY Change 40.55% 16.35%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $55.66M $48.55M
YoY Change 14.66% 47.24%
Income Tax $23.36M $20.40M
% Of Pretax Income 41.97% 42.02%
Net Earnings $32.30M $28.15M
YoY Change 14.75% 45.31%
Net Earnings / Revenue 34.25% 37.07%
Basic Earnings Per Share $0.51 $0.44
Diluted Earnings Per Share $0.50 $0.44
COMMON SHARES
Basic Shares Outstanding 63.34M shares 63.00M shares
Diluted Shares Outstanding 64.86M shares 64.43M shares

Balance Sheet

Concept 2016 Q4 2015 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $707.6M $284.4M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $15.13M $10.44M
YoY Change 44.95% 39.9%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $32.00M $36.00M
YoY Change -11.11% 28.57%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $8.168B $6.662B
YoY Change 22.6% 28.25%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.000M $1.000M
YoY Change 100.0% 0.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $35.00M $35.00M
YoY Change 0.0% 0.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $45.00M $1.000M
YoY Change 4400.0% -96.3%
LONG-TERM LIABILITIES
Long-Term Debt $56.00M $5.000M
YoY Change 1020.0% 0.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $56.00M $5.000M
YoY Change 1020.0% 0.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $45.00M $1.000M
Total Long-Term Liabilities $56.00M $5.000M
Total Liabilities $7.414B $6.049B
YoY Change 22.57% 27.5%
SHAREHOLDERS EQUITY
Retained Earnings $445.9M $319.3M
YoY Change 39.62% 44.81%
Common Stock $648.0K $641.0K
YoY Change 1.09% 300.63%
Preferred Stock
YoY Change
Treasury Stock (at cost) $33.09M $27.58M
YoY Change 19.97% 64.28%
Treasury Stock Shares 1.402M shares 1.113M shares
Shareholders Equity $753.7M $613.3M
YoY Change
Total Liabilities & Shareholders Equity $8.168B $6.662B
YoY Change 22.6% 28.25%

Cashflow Statement

Concept 2016 Q4 2015 Q4
OPERATING ACTIVITIES
Net Income $32.30M $28.15M
YoY Change 14.75% 45.31%
Depreciation, Depletion And Amortization $1.400M $1.000M
YoY Change 40.0% 25.0%
Cash From Operating Activities $18.60M $27.90M
YoY Change -33.33% 720.59%
INVESTING ACTIVITIES
Capital Expenditures -$1.800M -$3.100M
YoY Change -41.94% 287.5%
Acquisitions
YoY Change
Other Investing Activities -$204.3M -$495.1M
YoY Change -58.74% 42.31%
Cash From Investing Activities -$206.1M -$498.2M
YoY Change -58.63% 42.87%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 296.1M 386.9M
YoY Change -23.47% 8.31%
NET CHANGE
Cash From Operating Activities 18.60M 27.90M
Cash From Investing Activities -206.1M -498.2M
Cash From Financing Activities 296.1M 386.9M
Net Change In Cash 108.6M -83.40M
YoY Change -230.22% -800.84%
FREE CASH FLOW
Cash From Operating Activities $18.60M $27.90M
Capital Expenditures -$1.800M -$3.100M
Free Cash Flow $20.40M $31.00M
YoY Change -34.19% 638.1%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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AccumulatedOtherComprehensiveIncomeLossInvestmentSecuritiesBeforeTax
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CY2016Q4 bofi Accumulated Other Comprehensive Income Loss Investment Securities Before Tax
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CY2016Q2 bofi Accumulated Other Comprehensive Income Loss Investment Securities Net Of Tax
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dei Document Fiscal Period Focus
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dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2017
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CY2016Q4 bofi Accumulated Other Comprehensive Income Loss Investment Securities Tax Expense Benefit
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CY2016Q4 bofi Accumulated Other Comprehensive Income Loss Investment Securities Net Of Tax
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CY2016Q4 bofi Accumulated Other Comprehensive Income Loss Other Than Temporary Impairment Available For Sale Debt Securities Net Unrealized Gains
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CY2016Q2 bofi Accumulated Other Comprehensive Income Loss Other Than Temporary Impairment Not Credit Loss Before Tax Held To Maturity Debt Securities
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CY2016Q4 bofi Accumulated Other Comprehensive Income Loss Other Than Temporary Impairment Not Credit Loss Before Tax Held To Maturity Debt Securities
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bofi Financing Receivable Modifications Interest Income Recognized Accruing Loans
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bofi Loans And Leases Receivable Related Parties Number Of Loans Additions
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bofi Loans And Leases Receivable Related Parties Number Of Loans Modifications
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bofi Loans Held For Sale Change In Fair Value
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bofi Loans Held For Sale Change In Fair Value Total
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P6M
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bofi Occupancy And Equipment Expense
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bofi Occupancy And Equipment Expense
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bofi Origination Of Loans Net
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bofi Other Than Temporary Impairment Gains Investments Portion In Other Comprehensive Income Loss Tax Including Portion Attributable To Noncontrolling Interest Heldto Maturity Securities
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2830000 USD
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572000 USD
bofi Otherthan Temporary Impairment Gains Investments Portionin Other Comprehensive Loss Netof Tax Portion Attributableto Parent
OtherthanTemporaryImpairmentGainsInvestmentsPortioninOtherComprehensiveLossNetofTaxPortionAttributabletoParent
1680000 USD
CY2016Q4 bofi Otherthan Temporary Impairment Gains Investments Portionin Other Comprehensive Loss Netof Tax Portion Attributableto Parent
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3182000 USD
bofi Otherthan Temporary Impairment Gains Investments Portionin Other Comprehensive Loss Netof Tax Portion Attributableto Parent
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3877000 USD
CY2015Q4 bofi Prepayment Penalty Fee Income
PrepaymentPenaltyFeeIncome
738000 USD
bofi Prepayment Penalty Fee Income
PrepaymentPenaltyFeeIncome
1614000 USD
CY2016Q4 bofi Prepayment Penalty Fee Income
PrepaymentPenaltyFeeIncome
637000 USD
bofi Prepayment Penalty Fee Income
PrepaymentPenaltyFeeIncome
1935000 USD
bofi Proceeds From Repayment Of Securities
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bofi Proceeds From Repayment Of Securities
ProceedsFromRepaymentOfSecurities
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CY2015Q4 bofi Real Estate Owned And Repossessed Vehicles Expense
RealEstateOwnedAndRepossessedVehiclesExpense
24000 USD
bofi Real Estate Owned And Repossessed Vehicles Expense
RealEstateOwnedAndRepossessedVehiclesExpense
-50000 USD
CY2016Q4 bofi Real Estate Owned And Repossessed Vehicles Expense
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348000 USD
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506000 USD
CY2016Q2 bofi Subordinated Debt And Other Borrowings
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56016000 USD
CY2016Q4 bofi Subordinated Debt And Other Borrowings
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56408000 USD
CY2015Q4 bofi Total Dilutive Common Shares Issued And Outstanding
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64432656 shares
bofi Total Dilutive Common Shares Issued And Outstanding
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CY2016Q4 bofi Total Dilutive Common Shares Issued And Outstanding
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CY2016Q4 bofi Total Qualifying Shares Basic
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64861540 shares
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64724972 shares
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CY2016Q4 bofi Total Unrealized Gain Loss On Securities
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-894000 USD
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-903000 USD
CY2016Q4 bofi Trading Securities Debt Maturities Fair Value
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8151000 USD
bofi Transfers To Other Real Estate And Repossessed Vehicles
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518000 USD
bofi Transfers To Other Real Estate And Repossessed Vehicles
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1340000 USD
bofi Unrealized Gain Loss On Loans Held For Sale
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62000 USD
bofi Unrealized Gain Loss On Loans Held For Sale
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112000 USD
CY2015Q4 bofi Weighted Average Unvested Restricted Stock Grant And Rsu Shares Basic
WeightedAverageUnvestedRestrictedStockGrantAndRsuSharesBasic
1431998 shares
bofi Weighted Average Unvested Restricted Stock Grant And Rsu Shares Basic
WeightedAverageUnvestedRestrictedStockGrantAndRsuSharesBasic
1309243 shares
CY2016Q4 bofi Weighted Average Unvested Restricted Stock Grant And Rsu Shares Basic
WeightedAverageUnvestedRestrictedStockGrantAndRsuSharesBasic
1520103 shares
bofi Weighted Average Unvested Restricted Stock Grant And Rsu Shares Basic
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1412167 shares
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dei Current Fiscal Year End Date
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dei Document Period End Date
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2016-12-31
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10-Q
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CY2017Q1 dei Entity Common Stock Shares Outstanding
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Large Accelerated Filer
dei Entity Registrant Name
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BofI Holding, Inc.
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665000000 USD
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265000 USD
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285000 USD
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207000 USD
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4167000 USD
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375846000 USD
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us-gaap Depreciation Depletion And Amortization
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194153000 USD
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3618000 USD
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CY2015Q4 us-gaap Impairment Of Investments
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1037000 USD
us-gaap Impairment Of Investments
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1779000 USD
CY2016Q4 us-gaap Impairment Of Investments
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7718000 USD
us-gaap Impairment Of Investments
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48546000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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92145000 USD
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55661000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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105395000 USD
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23361000 USD
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37216000 USD
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-1087000 USD
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us-gaap Increase Decrease In Deposits
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us-gaap Increase Decrease In Financial Instruments Used In Operating Activities
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567000 USD
us-gaap Increase Decrease In Interest Payable Net
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-4000 USD
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14049000 USD
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us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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0 shares
CY2015Q4 us-gaap Information Technology And Data Processing
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2299000 USD
us-gaap Information Technology And Data Processing
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4179000 USD
CY2016Q4 us-gaap Information Technology And Data Processing
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2941000 USD
us-gaap Information Technology And Data Processing
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6113000 USD
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us-gaap Interest And Dividend Income Operating
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5818000 USD
us-gaap Interest And Dividend Income Securities
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11969000 USD
CY2016Q4 us-gaap Interest And Dividend Income Securities
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8462000 USD
us-gaap Interest And Dividend Income Securities
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15323000 USD
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us-gaap Interest And Fee Income Loans And Leases
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us-gaap Interest And Fee Income Loans And Leases
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166458000 USD
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14011000 USD
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27525000 USD
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429000 USD
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855000 USD
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1324000 USD
us-gaap Interest Expense Other
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2646000 USD
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59771000 USD
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us-gaap Interest Income Expense After Provision For Loan Loss
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31859000 USD
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34563000 USD
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20871000 USD
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33990000 USD
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1981000 USD
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4522000 USD
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28071000 USD
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53495000 USD
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32222000 USD
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61042000 USD
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28071000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
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53495000 USD
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32222000 USD
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61042000 USD
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27445000 USD
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33300000 USD
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16220000 USD
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26009000 USD
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16700000 USD
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31432000 USD
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356000 USD
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4802000 USD
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548000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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548000 USD
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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1510000 USD
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
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us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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2435000 USD
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1777000 USD
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5731000 USD
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42000 USD
CY2015Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions Additional Credit Losses
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23000 USD
CY2015Q2 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
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20503000 USD
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20528000 USD
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20865000 USD
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1350000 USD
us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions Additional Credit Losses
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1470000 USD
CY2015Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment
0 USD
us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment
99000 USD
CY2016Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment
0 USD
us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment
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20611000 USD
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16631000 USD
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116000 USD
us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold
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116000 USD
CY2016Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold
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5330000 USD
us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold
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5704000 USD
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141000 USD
us-gaap Other Than Temporary Impairment Losses Investments Heldtomaturity Securities
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1470000 USD
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1014000 USD
us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Including Portion Attributable To Noncontrolling Interest Heldtomaturity Securities
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us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Including Portion Attributable To Noncontrolling Interest Heldtomaturity Securities
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7529000 USD
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23000 USD
us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
141000 USD
CY2016Q4 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
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1350000 USD
us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
1470000 USD
CY2016 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
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0 USD
us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
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1310000 USD
us-gaap Payments For Federal Home Loan Bank Advances
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519000000 USD
us-gaap Payments For Federal Home Loan Bank Advances
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473000000 USD
us-gaap Payments For Origination And Purchases Of Loans Held For Sale
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904453000 USD
us-gaap Payments For Origination And Purchases Of Loans Held For Sale
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us-gaap Payments For Origination Of Mortgage Loans Held For Sale
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54327000 USD
us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
50401000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
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155000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
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155000 USD
us-gaap Payments To Acquire Federal Reserve Stock
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us-gaap Payments To Acquire Federal Reserve Stock
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30939000 USD
us-gaap Payments To Acquire Loans And Leases Held For Investment
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384000 USD
us-gaap Payments To Acquire Loans And Leases Held For Investment
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0 USD
us-gaap Payments To Acquire Marketable Securities
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96928000 USD
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
93151000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
3890000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
3895000 USD
CY2016Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2016Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2016Q2 us-gaap Preferred Stock Value
PreferredStockValue
5063000 USD
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
5063000 USD
us-gaap Proceeds From Federal Home Loan Bank Advances
ProceedsFromFederalHomeLoanBankAdvances
524000000 USD
us-gaap Proceeds From Federal Home Loan Bank Advances
ProceedsFromFederalHomeLoanBankAdvances
411000000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
21120000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
CY2016Q1 us-gaap Proceeds From Issuance Of Subordinated Long Term Debt
ProceedsFromIssuanceOfSubordinatedLongTermDebt
51000000 USD
CY2004Q4 us-gaap Proceeds From Issuance Of Trust Preferred Securities
ProceedsFromIssuanceOfTrustPreferredSecurities
5000000 USD
us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
1086419000 USD
us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
1533896000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
10069000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
121252000 USD
us-gaap Proceeds From Sale Of Federal Reserve Stock
ProceedsFromSaleOfFederalReserveStock
67500000 USD
us-gaap Proceeds From Sale Of Federal Reserve Stock
ProceedsFromSaleOfFederalReserveStock
33711000 USD
us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
1442000 USD
us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
146000 USD
us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
937049000 USD
us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
859495000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
147000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
CY2015Q4 us-gaap Professional Fees
ProfessionalFees
1270000 USD
us-gaap Professional Fees
ProfessionalFees
1633000 USD
CY2016Q4 us-gaap Professional Fees
ProfessionalFees
1086000 USD
us-gaap Professional Fees
ProfessionalFees
2440000 USD
CY2016Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
13995000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
15126000 USD
CY2015Q4 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
3400000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
5800000 USD
CY2016Q4 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
4100000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
6000000 USD
CY2016Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
384815000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
445857000 USD
CY2016Q2 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
35000000 USD
CY2016Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
35000000 USD
CY2016Q2 us-gaap Servicing Asset
ServicingAsset
3943000 USD
CY2016Q4 us-gaap Servicing Asset
ServicingAsset
6150000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
5116000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
6450000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-2213000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
6450000 USD
CY2016Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
100000000 USD
CY2016Q2 us-gaap Stockholders Equity
StockholdersEquity
683590000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
753671000 USD
CY2016Q2 us-gaap Trading Securities
TradingSecurities
7584000 USD
CY2016Q4 us-gaap Trading Securities
TradingSecurities
8151000 USD
CY2016Q2 us-gaap Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
-11954000 USD
CY2015Q4 us-gaap Trading Securities Unrealized Holding Gain Loss
TradingSecuritiesUnrealizedHoldingGainLoss
-196000 USD
us-gaap Trading Securities Unrealized Holding Gain Loss
TradingSecuritiesUnrealizedHoldingGainLoss
-126000 USD
CY2016Q4 us-gaap Trading Securities Unrealized Holding Gain Loss
TradingSecuritiesUnrealizedHoldingGainLoss
456000 USD
us-gaap Trading Securities Unrealized Holding Gain Loss
TradingSecuritiesUnrealizedHoldingGainLoss
567000 USD
us-gaap Transfer Of Loans Held For Sale To Portfolio Loans1
TransferOfLoansHeldForSaleToPortfolioLoans1
18846000 USD
us-gaap Transfer Of Loans Held For Sale To Portfolio Loans1
TransferOfLoansHeldForSaleToPortfolioLoans1
2047000 USD
us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
7985000 USD
us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
0 USD
CY2016Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
1294102 shares
CY2016Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
1402368 shares
CY2016Q2 us-gaap Treasury Stock Value
TreasuryStockValue
30785000 USD
CY2016Q4 us-gaap Treasury Stock Value
TreasuryStockValue
33093000 USD
CY2016Q4 us-gaap Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
-25120000 USD
CY2015Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
64431333 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
64050839 shares
CY2016Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
64861540 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
64724972 shares
CY2015Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
62999335 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
62741596 shares
CY2016Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
63341437 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
63312805 shares
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:18px;text-align:justify;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Credit Quality Indicators</font></div><div style="line-height:120%;padding-top:6px;text-align:justify;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company categorizes loans and leases into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information and current economic trends, among other factors. The Company analyzes loans and leases individually by classifying the loans and leases based on credit risk. The Company uses the following definitions for risk ratings.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Pass.</font><font style="font-family:inherit;font-size:10pt;"> Loans and leases classified as pass are well protected by the current net worth and paying capacity of the obligor or by the fair value, less cost to acquire and sell, of any underlying collateral in a timely manner.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Special Mention</font><font style="font-family:inherit;font-size:10pt;">. Loans and leases classified as special mention have a potential weakness that deserves management&#8217;s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or lease or of the institution&#8217;s credit position at some future date.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Substandard</font><font style="font-family:inherit;font-size:10pt;">. Loans and leases classified as substandard are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans and leases so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Doubtful</font><font style="font-family:inherit;font-size:10pt;">. Loans and leases classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company reviews and grades loans and leases following a continuous review process, featuring coverage of all loan and lease types and business lines at least quarterly. Continuous reviewing provides more effective risk monitoring because it immediately tests for potential impacts caused by changes in personnel, policy, products or underwriting standards.</font></div></div>

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