2017 Q4 Form 10-Q Financial Statement

#000129970918000010 Filed on January 30, 2018

View on sec.gov

Income Statement

Concept 2017 Q4 2016 Q4
Revenue $107.8M $94.30M
YoY Change 14.3% 24.19%
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 $2.000M $1.400M
YoY Change 42.86% 40.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $23.57M $17.94M
YoY Change 31.39% 40.55%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $56.50M $55.66M
YoY Change 1.51% 14.66%
Income Tax $24.85M $23.36M
% Of Pretax Income 43.97% 41.97%
Net Earnings $31.66M $32.30M
YoY Change -1.99% 14.75%
Net Earnings / Revenue 29.37% 34.25%
Basic Earnings Per Share $0.50 $0.51
Diluted Earnings Per Share $0.49 $0.50
COMMON SHARES
Basic Shares Outstanding 63.49M shares 63.34M shares
Diluted Shares Outstanding 63.56M shares 64.86M shares

Balance Sheet

Concept 2017 Q4 2016 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $618.1M $707.6M
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 $18.70M $15.13M
YoY Change 23.63% 44.95%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $20.00M $32.00M
YoY Change -37.5% -11.11%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $8.916B $8.168B
YoY Change 9.16% 22.6%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.000M $2.000M
YoY Change 0.0% 100.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $35.00M
YoY Change -100.0% 0.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $50.00M $45.00M
YoY Change 11.11% 4400.0%
LONG-TERM LIABILITIES
Long-Term Debt $55.00M $56.00M
YoY Change -1.79% 1020.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $55.00M $56.00M
YoY Change -1.79% 1020.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $50.00M $45.00M
Total Long-Term Liabilities $55.00M $56.00M
Total Liabilities $8.042B $7.414B
YoY Change 8.47% 22.57%
SHAREHOLDERS EQUITY
Retained Earnings $583.1M $445.9M
YoY Change 30.79% 39.62%
Common Stock $654.0K $648.0K
YoY Change 0.93% 1.09%
Preferred Stock
YoY Change
Treasury Stock (at cost) $69.35M $33.09M
YoY Change 109.57% 19.97%
Treasury Stock Shares 2.724M shares 1.402M shares
Shareholders Equity $873.7M $753.7M
YoY Change
Total Liabilities & Shareholders Equity $8.916B $8.168B
YoY Change 9.16% 22.6%

Cashflow Statement

Concept 2017 Q4 2016 Q4
OPERATING ACTIVITIES
Net Income $31.66M $32.30M
YoY Change -1.99% 14.75%
Depreciation, Depletion And Amortization $2.000M $1.400M
YoY Change 42.86% 40.0%
Cash From Operating Activities $14.00M $18.60M
YoY Change -24.73% -33.33%
INVESTING ACTIVITIES
Capital Expenditures -$2.900M -$1.800M
YoY Change 61.11% -41.94%
Acquisitions
YoY Change
Other Investing Activities -$342.9M -$204.3M
YoY Change 67.84% -58.74%
Cash From Investing Activities -$345.7M -$206.1M
YoY Change 67.73% -58.63%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 317.8M 296.1M
YoY Change 7.33% -23.47%
NET CHANGE
Cash From Operating Activities 14.00M 18.60M
Cash From Investing Activities -345.7M -206.1M
Cash From Financing Activities 317.8M 296.1M
Net Change In Cash -13.90M 108.6M
YoY Change -112.8% -230.22%
FREE CASH FLOW
Cash From Operating Activities $14.00M $18.60M
Capital Expenditures -$2.900M -$1.800M
Free Cash Flow $16.90M $20.40M
YoY Change -17.16% -34.19%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
bofi Loans Held For Sale Interest Income
LoansHeldForSaleInterestIncome
372000 USD
bofi Total Unrealized Gain Loss On Securities
TotalUnrealizedGainLossOnSecurities
-903000 USD
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
6777000 USD
us-gaap Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
-364000 USD
us-gaap Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
379000 USD
CY2017Q2 bofi Accumulated Other Comprehensive Income Loss Investment Securities Before Tax
AccumulatedOtherComprehensiveIncomeLossInvestmentSecuritiesBeforeTax
834000 USD
CY2017Q4 bofi Accumulated Other Comprehensive Income Loss Investment Securities Before Tax
AccumulatedOtherComprehensiveIncomeLossInvestmentSecuritiesBeforeTax
514000 USD
CY2017Q2 bofi Accumulated Other Comprehensive Income Loss Investment Securities Net Of Tax
AccumulatedOtherComprehensiveIncomeLossInvestmentSecuritiesNetOfTax
487000 USD
CY2017Q4 bofi Accumulated Other Comprehensive Income Loss Investment Securities Net Of Tax
AccumulatedOtherComprehensiveIncomeLossInvestmentSecuritiesNetOfTax
366000 USD
CY2017Q2 bofi Accumulated Other Comprehensive Income Loss Investment Securities Tax Expense Benefit
AccumulatedOtherComprehensiveIncomeLossInvestmentSecuritiesTaxExpenseBenefit
347000 USD
CY2017Q4 bofi Accumulated Other Comprehensive Income Loss Investment Securities Tax Expense Benefit
AccumulatedOtherComprehensiveIncomeLossInvestmentSecuritiesTaxExpenseBenefit
148000 USD
CY2017Q2 bofi Accumulated Other Comprehensive Income Loss Other Than Temporary Impairment Available For Sale Debt Securities Net Unrealized Gains
AccumulatedOtherComprehensiveIncomeLossOtherThanTemporaryImpairmentAvailableForSaleDebtSecuritiesNetUnrealizedGains
6949000 USD
CY2017Q4 bofi Accumulated Other Comprehensive Income Loss Other Than Temporary Impairment Available For Sale Debt Securities Net Unrealized Gains
AccumulatedOtherComprehensiveIncomeLossOtherThanTemporaryImpairmentAvailableForSaleDebtSecuritiesNetUnrealizedGains
687000 USD
CY2017Q2 bofi Accumulated Other Comprehensive Income Loss Otherthan Temporary Impairment Not Credit Loss Before Tax Availablefor Sale Debt Securities
AccumulatedOtherComprehensiveIncomeLossOtherthanTemporaryImpairmentNotCreditLossBeforeTaxAvailableforSaleDebtSecurities
6115000 USD
CY2017Q4 bofi Accumulated Other Comprehensive Income Loss Otherthan Temporary Impairment Not Credit Loss Before Tax Availablefor Sale Debt Securities
AccumulatedOtherComprehensiveIncomeLossOtherthanTemporaryImpairmentNotCreditLossBeforeTaxAvailableforSaleDebtSecurities
173000 USD
bofi Amortization Accretion Of Premiums Discounts Loans
AmortizationAccretionOfPremiumsDiscountsLoans
-2724000 USD
bofi Amortization Accretion Of Premiums Discounts Loans
AmortizationAccretionOfPremiumsDiscountsLoans
217000 USD
bofi Gains Losses On Sale Of Other Real Estate And Foreclosed Assets
GainsLossesOnSaleOfOtherRealEstateAndForeclosedAssets
-4000 USD
bofi Gains Losses On Sale Of Other Real Estate And Foreclosed Assets
GainsLossesOnSaleOfOtherRealEstateAndForeclosedAssets
-6000 USD
bofi Transfers To Other Real Estate And Repossessed Vehicles
TransfersToOtherRealEstateAndRepossessedVehicles
1340000 USD
bofi Transfers To Other Real Estate And Repossessed Vehicles
TransfersToOtherRealEstateAndRepossessedVehicles
8339000 USD
bofi Unrealized Gain Loss On Loans Held For Sale
UnrealizedGainLossOnLoansHeldForSale
112000 USD
bofi Unrealized Gain Loss On Loans Held For Sale
UnrealizedGainLossOnLoansHeldForSale
91000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
3895000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
5736000 USD
CY2017Q2 bofi Availableforsaleand Heldtomaturity Securitiesin Unrealized Loss Positions Qualitative Disclosure Numberof Positions
AvailableforsaleandHeldtomaturitySecuritiesinUnrealizedLossPositionsQualitativeDisclosureNumberofPositions
16 security
CY2017Q4 bofi Availableforsaleand Heldtomaturity Securitiesin Unrealized Loss Positions Qualitative Disclosure Numberof Positions
AvailableforsaleandHeldtomaturitySecuritiesinUnrealizedLossPositionsQualitativeDisclosureNumberofPositions
25 security
CY2017Q4 bofi Fdic And Primary Federal Regulator Fees
FdicAndPrimaryFederalRegulatorFees
1005000 USD
bofi Fdic And Primary Federal Regulator Fees
FdicAndPrimaryFederalRegulatorFees
2096000 USD
CY2017Q4 bofi Certain Loans Acquiredin Transfer Accountedforas Debt Securities Loss On Sale
CertainLoansAcquiredinTransferAccountedforasDebtSecuritiesLossOnSale
861000 USD
CY2017Q4 bofi Deferred Tax Assets Net Increase Decrease Dueto Changein Enacted Tax Rate
DeferredTaxAssetsNetIncreaseDecreaseDuetoChangeinEnactedTaxRate
-8032000 USD
bofi Deferred Tax Assets Net Increase Decrease Dueto Changein Enacted Tax Rate
DeferredTaxAssetsNetIncreaseDecreaseDuetoChangeinEnactedTaxRate
8032000 USD
CY2016Q4 bofi Fdic And Primary Federal Regulator Fees
FdicAndPrimaryFederalRegulatorFees
884000 USD
bofi Fdic And Primary Federal Regulator Fees
FdicAndPrimaryFederalRegulatorFees
2124000 USD
CY2017Q2 bofi Financing Receivable Accrued Interest And Origination Fees Individually Evaluated For Impairment Ratio To All Loans
FinancingReceivableAccruedInterestAndOriginationFeesIndividuallyEvaluatedForImpairmentRatioToAllLoans
0.0001
CY2017Q4 bofi Financing Receivable Accrued Interest And Origination Fees Individually Evaluated For Impairment Ratio To All Loans
FinancingReceivableAccruedInterestAndOriginationFeesIndividuallyEvaluatedForImpairmentRatioToAllLoans
0.0001
CY2017Q2 bofi Financing Receivable Allowancefor Credit Losses Individually Evaluatedfor Impairment General Allowance
FinancingReceivableAllowanceforCreditLossesIndividuallyEvaluatedforImpairmentGeneralAllowance
1058000 USD
CY2017Q4 bofi Financing Receivable Allowancefor Credit Losses Individually Evaluatedfor Impairment General Allowance
FinancingReceivableAllowanceforCreditLossesIndividuallyEvaluatedforImpairmentGeneralAllowance
887000 USD
CY2017Q2 bofi Financing Receivable Allowancefor Credit Losses Individually Evaluatedfor Impairment Specific Allowance
FinancingReceivableAllowanceforCreditLossesIndividuallyEvaluatedforImpairmentSpecificAllowance
0 USD
CY2017Q4 bofi Financing Receivable Allowancefor Credit Losses Individually Evaluatedfor Impairment Specific Allowance
FinancingReceivableAllowanceforCreditLossesIndividuallyEvaluatedforImpairmentSpecificAllowance
0 USD
CY2016Q4 bofi Financing Receivable Average Recorded Investment Nonaccrual Status
FinancingReceivableAverageRecordedInvestmentNonaccrualStatus
38505000 USD
bofi Financing Receivable Average Recorded Investment Nonaccrual Status
FinancingReceivableAverageRecordedInvestmentNonaccrualStatus
36357000 USD
CY2017Q4 bofi Financing Receivable Average Recorded Investment Nonaccrual Status
FinancingReceivableAverageRecordedInvestmentNonaccrualStatus
31044000 USD
bofi Financing Receivable Average Recorded Investment Nonaccrual Status
FinancingReceivableAverageRecordedInvestmentNonaccrualStatus
30160000 USD
CY2017Q2 bofi Financing Receivable Charge Off Individually Evaluated For Impairment Ratio To All Loans
FinancingReceivableChargeOffIndividuallyEvaluatedForImpairmentRatioToAllLoans
0.0005
CY2017Q4 bofi Financing Receivable Charge Off Individually Evaluated For Impairment Ratio To All Loans
FinancingReceivableChargeOffIndividuallyEvaluatedForImpairmentRatioToAllLoans
0.0004
bofi Financing Receivable Collectively Evaluatedfor Impairment Number Of Classes Of Loans
FinancingReceivableCollectivelyEvaluatedforImpairmentNumberOfClassesOfLoans
2 class
CY2016Q4 bofi Financing Receivable Modifications Average Recorded Investment Accruing Loans
FinancingReceivableModificationsAverageRecordedInvestmentAccruingLoans
207000 USD
bofi Financing Receivable Modifications Average Recorded Investment Accruing Loans
FinancingReceivableModificationsAverageRecordedInvestmentAccruingLoans
208000 USD
CY2017Q4 bofi Financing Receivable Modifications Average Recorded Investment Accruing Loans
FinancingReceivableModificationsAverageRecordedInvestmentAccruingLoans
0 USD
bofi Financing Receivable Modifications Average Recorded Investment Accruing Loans
FinancingReceivableModificationsAverageRecordedInvestmentAccruingLoans
0 USD
CY2016Q4 bofi Financing Receivable Modifications Interest Income Recognized Accruing Loans
FinancingReceivableModificationsInterestIncomeRecognizedAccruingLoans
3000 USD
bofi Financing Receivable Modifications Interest Income Recognized Accruing Loans
FinancingReceivableModificationsInterestIncomeRecognizedAccruingLoans
6000 USD
CY2017Q4 bofi Financing Receivable Modifications Interest Income Recognized Accruing Loans
FinancingReceivableModificationsInterestIncomeRecognizedAccruingLoans
0 USD
bofi Financing Receivable Modifications Interest Income Recognized Accruing Loans
FinancingReceivableModificationsInterestIncomeRecognizedAccruingLoans
0 USD
bofi Financing Receivable Modifications Periodof Delinquent Property Taxes Repaidby Borrower
FinancingReceivableModificationsPeriodofDelinquentPropertyTaxesRepaidbyBorrower
P1Y
CY2017Q2 bofi Financing Receivable Performing Loans Temporarily Modifiedas Tdr
FinancingReceivablePerformingLoansTemporarilyModifiedasTDR
0 USD
CY2017Q4 bofi Financing Receivable Performing Loans Temporarily Modifiedas Tdr
FinancingReceivablePerformingLoansTemporarilyModifiedasTDR
0 USD
bofi Financing Receivable Recorded Investment90 Days Past Dueand Still Accruing Number
FinancingReceivableRecordedInvestment90DaysPastDueandStillAccruingNumber
0 loan
CY2017Q2 bofi Financing Receivable Recorded Investment Loans Secured By Real Estate Nonaccrual Status
FinancingReceivableRecordedInvestmentLoansSecuredByRealEstateNonaccrualStatus
27648000 USD
CY2017Q4 bofi Financing Receivable Recorded Investment Loans Secured By Real Estate Nonaccrual Status
FinancingReceivableRecordedInvestmentLoansSecuredByRealEstateNonaccrualStatus
29687000 USD
CY2017Q2 bofi Financing Receivable Recorded Investment Past Due As Percent Of Gross Loans
FinancingReceivableRecordedInvestmentPastDueAsPercentOfGrossLoans
0.0045
CY2017Q4 bofi Financing Receivable Recorded Investment Past Due As Percent Of Gross Loans
FinancingReceivableRecordedInvestmentPastDueAsPercentOfGrossLoans
0.0049
CY2017Q2 bofi Financing Receivable Unpaid Book Balance Individually Evaluated For Impairment Ratio To All Loans
FinancingReceivableUnpaidBookBalanceIndividuallyEvaluatedForImpairmentRatioToAllLoans
0.0038
CY2017Q4 bofi Financing Receivable Unpaid Book Balance Individually Evaluated For Impairment Ratio To All Loans
FinancingReceivableUnpaidBookBalanceIndividuallyEvaluatedForImpairmentRatioToAllLoans
0.0038
CY2017Q2 bofi Financing Receivable Unpaid Principal Balance Individually Evaluated For Impairment Ratio To All Loans
FinancingReceivableUnpaidPrincipalBalanceIndividuallyEvaluatedForImpairmentRatioToAllLoans
0.0043
CY2017Q4 bofi Financing Receivable Unpaid Principal Balance Individually Evaluated For Impairment Ratio To All Loans
FinancingReceivableUnpaidPrincipalBalanceIndividuallyEvaluatedForImpairmentRatioToAllLoans
0.0042
CY2017Q2 bofi Financing Receivable With Related Allowance Accrued Interest And Origination Fees Individually Evaluated For Impairment
FinancingReceivableWithRelatedAllowanceAccruedInterestAndOriginationFeesIndividuallyEvaluatedForImpairment
413000 USD
CY2017Q4 bofi Financing Receivable With Related Allowance Accrued Interest And Origination Fees Individually Evaluated For Impairment
FinancingReceivableWithRelatedAllowanceAccruedInterestAndOriginationFeesIndividuallyEvaluatedForImpairment
678000 USD
CY2017Q2 bofi Financing Receivable With Related Allowance Charge Off Individually Evaluated For Impairment
FinancingReceivableWithRelatedAllowanceChargeOffIndividuallyEvaluatedForImpairment
3691000 USD
CY2017Q4 bofi Financing Receivable With Related Allowance Charge Off Individually Evaluated For Impairment
FinancingReceivableWithRelatedAllowanceChargeOffIndividuallyEvaluatedForImpairment
3831000 USD
CY2017Q2 bofi Financing Receivable With Related Allowance Unpaid Book Balance Individually Evaluated For Impairment
FinancingReceivableWithRelatedAllowanceUnpaidBookBalanceIndividuallyEvaluatedForImpairment
28393000 USD
CY2017Q4 bofi Financing Receivable With Related Allowance Unpaid Book Balance Individually Evaluated For Impairment
FinancingReceivableWithRelatedAllowanceUnpaidBookBalanceIndividuallyEvaluatedForImpairment
29989000 USD
CY2017Q2 bofi Financing Receivable With Related Allowance Unpaid Principal Balance Individually Evaluated For Impairment
FinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalanceIndividuallyEvaluatedForImpairment
32084000 USD
CY2017Q4 bofi Financing Receivable With Related Allowance Unpaid Principal Balance Individually Evaluated For Impairment
FinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalanceIndividuallyEvaluatedForImpairment
33820000 USD
bofi Gain On Sales Of Loans Held For Sale
GainOnSalesOfLoansHeldForSale
13696000 USD
bofi Gain On Sales Of Loans Held For Sale
GainOnSalesOfLoansHeldForSale
11129000 USD
CY2017Q2 bofi Impaired Financing Receivable Recorded Investment Individually Evaluated For Impairment Including Accrued Interest And Unaccreted Discounts And Loan Fees Ratio To All Loans
ImpairedFinancingReceivableRecordedInvestmentIndividuallyEvaluatedForImpairmentIncludingAccruedInterestAndUnaccretedDiscountsAndLoanFeesRatioToAllLoans
0.0039
CY2017Q4 bofi Impaired Financing Receivable Recorded Investment Individually Evaluated For Impairment Including Accrued Interest And Unaccreted Discounts And Loan Fees Ratio To All Loans
ImpairedFinancingReceivableRecordedInvestmentIndividuallyEvaluatedForImpairmentIncludingAccruedInterestAndUnaccretedDiscountsAndLoanFeesRatioToAllLoans
0.0039
CY2017Q2 bofi Impaired Financing Receivable Related General Allowance
ImpairedFinancingReceivableRelatedGeneralAllowance
1058000 USD
CY2017Q4 bofi Impaired Financing Receivable Related General Allowance
ImpairedFinancingReceivableRelatedGeneralAllowance
887000 USD
CY2017Q2 bofi Impaired Financing Receivable Related General Allowance Ratioto Gross Loans
ImpairedFinancingReceivableRelatedGeneralAllowanceRatiotoGrossLoans
0.0001
CY2017Q4 bofi Impaired Financing Receivable Related General Allowance Ratioto Gross Loans
ImpairedFinancingReceivableRelatedGeneralAllowanceRatiotoGrossLoans
0.0001
CY2017Q2 bofi Impaired Financing Receivable Related Specific Allowance
ImpairedFinancingReceivableRelatedSpecificAllowance
0 USD
CY2017Q4 bofi Impaired Financing Receivable Related Specific Allowance
ImpairedFinancingReceivableRelatedSpecificAllowance
0 USD
CY2017Q2 bofi Impaired Financing Receivable Related Specific Allowance Ratioto Gross Loans
ImpairedFinancingReceivableRelatedSpecificAllowanceRatiotoGrossLoans
0.0000
CY2017Q4 bofi Impaired Financing Receivable Related Specific Allowance Ratioto Gross Loans
ImpairedFinancingReceivableRelatedSpecificAllowanceRatiotoGrossLoans
0.0000
CY2017Q2 bofi Impaired Financing Receivable With Related Allowance Recorded Investment Individually Evaluated For Impairment Including Accrued Interest And Unaccreted Discounts And Loan Fees
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestmentIndividuallyEvaluatedForImpairmentIncludingAccruedInterestAndUnaccretedDiscountsAndLoanFees
28806000 USD
CY2017Q4 bofi Impaired Financing Receivable With Related Allowance Recorded Investment Individually Evaluated For Impairment Including Accrued Interest And Unaccreted Discounts And Loan Fees
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestmentIndividuallyEvaluatedForImpairmentIncludingAccruedInterestAndUnaccretedDiscountsAndLoanFees
30667000 USD
CY2017Q4 bofi Income Tax Expense Benefit Adjustment Due To Changein Enacted Tax Rate
IncomeTaxExpenseBenefitAdjustmentDueToChangeinEnactedTaxRate
1866000 USD
bofi Income Tax Expense Benefit Adjustment Due To Changein Enacted Tax Rate
IncomeTaxExpenseBenefitAdjustmentDueToChangeinEnactedTaxRate
-6166000 USD
CY2016Q4 bofi Interest Expense Federal Home Loan Bank Advances
InterestExpenseFederalHomeLoanBankAdvances
2605000 USD
bofi Interest Expense Federal Home Loan Bank Advances
InterestExpenseFederalHomeLoanBankAdvances
5469000 USD
CY2017Q4 bofi Interest Expense Federal Home Loan Bank Advances
InterestExpenseFederalHomeLoanBankAdvances
3557000 USD
bofi Interest Expense Federal Home Loan Bank Advances
InterestExpenseFederalHomeLoanBankAdvances
8109000 USD
CY2017Q2 bofi Loans And Leases Receivable Ratio Of Grade Class To Gross Loans
LoansAndLeasesReceivableRatioOfGradeClassToGrossLoans
1
CY2017Q4 bofi Loans And Leases Receivable Ratio Of Grade Class To Gross Loans
LoansAndLeasesReceivableRatioOfGradeClassToGrossLoans
1
CY2017Q2 bofi Loans And Leases Receivable Ratio Of Nonperforming Loans Considered Tdrs
LoansAndLeasesReceivableRatioOfNonperformingLoansConsideredTdrs
0.0556
CY2017Q4 bofi Loans And Leases Receivable Ratio Of Nonperforming Loans Considered Tdrs
LoansAndLeasesReceivableRatioOfNonperformingLoansConsideredTdrs
0.0463
CY2017Q2 bofi Loans And Leases Receivable Recorded Investment Net Of Accrued Interest Unaccreted Discounts And Fees
LoansAndLeasesReceivableRecordedInvestmentNetOfAccruedInterestUnaccretedDiscountsAndFees
7433981000 USD
CY2017Q4 bofi Loans And Leases Receivable Recorded Investment Net Of Accrued Interest Unaccreted Discounts And Fees
LoansAndLeasesReceivableRecordedInvestmentNetOfAccruedInterestUnaccretedDiscountsAndFees
7943781000 USD
bofi Loans And Leases Receivable Related Parties Number Of Loans Additions
LoansAndLeasesReceivableRelatedPartiesNumberOfLoansAdditions
0 loan
bofi Loans And Leases Receivable Related Parties Number Of Loans Additions
LoansAndLeasesReceivableRelatedPartiesNumberOfLoansAdditions
0 loan
bofi Loans And Leases Receivable Related Parties Number Of Loans Modifications
LoansAndLeasesReceivableRelatedPartiesNumberOfLoansModifications
1 loan
CY2016Q4 bofi Loans Held For Sale Change In Fair Value
LoansHeldForSaleChangeInFairValue
99000 USD
bofi Loans Held For Sale Change In Fair Value
LoansHeldForSaleChangeInFairValue
1046000 USD
CY2017Q4 bofi Loans Held For Sale Change In Fair Value
LoansHeldForSaleChangeInFairValue
81000 USD
bofi Loans Held For Sale Change In Fair Value
LoansHeldForSaleChangeInFairValue
282000 USD
CY2016Q4 bofi Loans Held For Sale Change In Fair Value Total
LoansHeldForSaleChangeInFairValueTotal
291000 USD
bofi Loans Held For Sale Change In Fair Value Total
LoansHeldForSaleChangeInFairValueTotal
1375000 USD
CY2017Q4 bofi Loans Held For Sale Change In Fair Value Total
LoansHeldForSaleChangeInFairValueTotal
306000 USD
bofi Loans Held For Sale Change In Fair Value Total
LoansHeldForSaleChangeInFairValueTotal
654000 USD
CY2017Q2 bofi Loans Held For Sale Contractual Balance Including Accrued Interest
LoansHeldForSaleContractualBalanceIncludingAccruedInterest
18311000 USD
CY2017Q4 bofi Loans Held For Sale Contractual Balance Including Accrued Interest
LoansHeldForSaleContractualBalanceIncludingAccruedInterest
23983000 USD
CY2017Q2 bofi Loans Held For Sale Fair Value Adjustment
LoansHeldForSaleFairValueAdjustment
427000 USD
CY2017Q4 bofi Loans Held For Sale Fair Value Adjustment
LoansHeldForSaleFairValueAdjustment
516000 USD
CY2016Q4 bofi Loans Held For Sale Interest Income
LoansHeldForSaleInterestIncome
192000 USD
bofi Loans Held For Sale Interest Income
LoansHeldForSaleInterestIncome
329000 USD
CY2017Q4 bofi Loans Held For Sale Interest Income
LoansHeldForSaleInterestIncome
225000 USD
CY2017Q4 bofi Loans Receivable Accrued Interest
LoansReceivableAccruedInterest
23744000 USD
CY2017Q2 bofi Loans Held For Sale Lower Of Cost Or Fair Value
LoansHeldForSaleLowerOfCostOrFairValue
6669000 USD
CY2017Q4 bofi Loans Held For Sale Lower Of Cost Or Fair Value
LoansHeldForSaleLowerOfCostOrFairValue
7067000 USD
CY2017Q2 bofi Loans Receivable Accrued Interest
LoansReceivableAccruedInterest
18656000 USD
bofi Loansand Leases Receivable Related Parties Numberof Loans Refinances
LoansandLeasesReceivableRelatedPartiesNumberofLoansRefinances
0 loan
bofi Loansand Leases Receivable Related Parties Numberof Loans Refinances
LoansandLeasesReceivableRelatedPartiesNumberofLoansRefinances
0 loan
CY2017 bofi Loansand Leases Receivable Threshold Period For Troubled Debt Restructurings Td Rs To Be Considered Performing
LoansandLeasesReceivableThresholdPeriodForTroubledDebtRestructuringsTDRsToBeConsideredPerforming
P6M
bofi Loansand Leases Receivable Threshold Period For Troubled Debt Restructurings Td Rs To Be Considered Performing
LoansandLeasesReceivableThresholdPeriodForTroubledDebtRestructuringsTDRsToBeConsideredPerforming
P6M
CY2016Q2 bofi Loss Contingency Pending Claims Consolidated Number
LossContingencyPendingClaimsConsolidatedNumber
5 claim
CY2016Q4 bofi Occupancy And Equipment Expense
OccupancyAndEquipmentExpense
1363000 USD
bofi Occupancy And Equipment Expense
OccupancyAndEquipmentExpense
2638000 USD
CY2017Q4 bofi Occupancy And Equipment Expense
OccupancyAndEquipmentExpense
1437000 USD
bofi Occupancy And Equipment Expense
OccupancyAndEquipmentExpense
2918000 USD
bofi Origination Of Loans Net
OriginationOfLoansNet
1946482000 USD
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38717000 USD
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493726000 USD
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567000 USD
us-gaap Increase Decrease In Financial Instruments Used In Operating Activities
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0 USD
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33000 USD
us-gaap Increase Decrease In Interest Payable Net
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233000 USD
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15062000 USD
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2941000 USD
us-gaap Information Technology And Data Processing
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6113000 USD
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3910000 USD
us-gaap Information Technology And Data Processing
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7975000 USD
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us-gaap Interest And Dividend Income Operating
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us-gaap Interest And Dividend Income Securities
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us-gaap Interest And Dividend Income Securities
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36362000 USD
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2646000 USD
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2062000 USD
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1777000 USD
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5731000 USD
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1350000 USD
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1470000 USD
CY2017Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions Additional Credit Losses
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses
0 USD
us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions Additional Credit Losses
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses
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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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CY2017Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment
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us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
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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
CY2017Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold
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15574000 USD
us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold
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15574000 USD
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1470000 USD
us-gaap Other Than Temporary Impairment Losses Investments Heldtomaturity Securities
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156000 USD
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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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5942000 USD
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1350000 USD
us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
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1470000 USD
CY2017Q4 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
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us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
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156000 USD
us-gaap Payments For Federal Home Loan Bank Advances
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85000000 USD
us-gaap Payments For Federal Home Loan Bank Advances
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us-gaap Payments For Origination And Purchases Of Loans Held For Sale
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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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us-gaap Payments For Origination Of Mortgage Loans Held For Sale
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17460000 USD
us-gaap Payments For Repurchase Of Common Stock
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us-gaap Payments For Repurchase Of Common Stock
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155000 USD
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155000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
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3740000 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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0 USD
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93151000 USD
us-gaap Payments To Acquire Marketable Securities
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55278000 USD
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us-gaap Proceeds From Federal Home Loan Bank Advances
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0 USD
us-gaap Proceeds From Federal Home Loan Bank Advances
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0 USD
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0 USD
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1533896000 USD
us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
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1814812000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
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121252000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
48741000 USD
us-gaap Proceeds From Sale Of Federal Reserve Stock
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33711000 USD
us-gaap Proceeds From Sale Of Federal Reserve Stock
ProceedsFromSaleOfFederalReserveStock
0 USD
us-gaap Proceeds From Sale Of Foreclosed Assets
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146000 USD
us-gaap Proceeds From Sale Of Foreclosed Assets
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887000 USD
us-gaap Proceeds From Sale Of Loans Held For Sale
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859495000 USD
us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
1022653000 USD
us-gaap Proceeds From Sale Of Trading Securities Heldforinvestment
ProceedsFromSaleOfTradingSecuritiesHeldforinvestment
8700000 USD
CY2016Q4 us-gaap Professional Fees
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1086000 USD
us-gaap Professional Fees
ProfessionalFees
2440000 USD
CY2017Q4 us-gaap Professional Fees
ProfessionalFees
856000 USD
us-gaap Professional Fees
ProfessionalFees
2480000 USD
CY2017Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
16659000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
18700000 USD
CY2016Q4 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
4100000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
6000000 USD
CY2017Q4 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
4000000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
5000000 USD
CY2017Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
519246000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
583132000 USD
CY2017Q2 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
20000000 USD
CY2017Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
0 USD
CY2017Q2 us-gaap Servicing Asset
ServicingAsset
7200000 USD
CY2017Q4 us-gaap Servicing Asset
ServicingAsset
9066000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
6450000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
7686000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-3740000 USD
CY2017Q2 us-gaap Stockholders Equity
StockholdersEquity
834247000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
873663000 USD
CY2017Q2 us-gaap Trading Securities
TradingSecurities
8327000 USD
CY2017Q4 us-gaap Trading Securities
TradingSecurities
0 USD
us-gaap Trading Securities Realized Gain Loss
TradingSecuritiesRealizedGainLoss
282000 USD
CY2016Q4 us-gaap Trading Securities Unrealized Holding Gain Loss
TradingSecuritiesUnrealizedHoldingGainLoss
456000 USD
us-gaap Trading Securities Unrealized Holding Gain Loss
TradingSecuritiesUnrealizedHoldingGainLoss
567000 USD
CY2017Q4 us-gaap Trading Securities Unrealized Holding Gain Loss
TradingSecuritiesUnrealizedHoldingGainLoss
0 USD
us-gaap Trading Securities Unrealized Holding Gain Loss
TradingSecuritiesUnrealizedHoldingGainLoss
0 USD
us-gaap Transfer Of Loans Held For Sale To Portfolio Loans1
TransferOfLoansHeldForSaleToPortfolioLoans1
2047000 USD
us-gaap Transfer Of Loans Held For Sale To Portfolio Loans1
TransferOfLoansHeldForSaleToPortfolioLoans1
0 USD
CY2017Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
1579688 shares
CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
2724234 shares
CY2017Q2 us-gaap Treasury Stock Value
TreasuryStockValue
37317000 USD
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
69353000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
28295000 USD
CY2017Q2 us-gaap Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
-33936000 USD
CY2017Q4 us-gaap Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
-49026000 USD
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
CY2017Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
63487698 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
63557105 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>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain reclassifications were made to previously reported amounts in the unaudited condensed consolidated financial statements and notes thereto to make them consistent with the current period presentation.</font></div></div>

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