2016 Q1 Form 10-Q Financial Statement

#000151871516000263 Filed on May 05, 2016

View on sec.gov

Income Statement

Concept 2016 Q1 2015 Q1
Revenue $46.05M $34.25M
YoY Change 34.48% 32.69%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development $7.534M $6.120M
YoY Change 23.1% 35.55%
% of Gross Profit
Depreciation & Amortization $3.800M $4.600M
YoY Change -17.39% 4.55%
% of Gross Profit
Operating Expenses $7.534M $6.120M
YoY Change 23.1% 35.55%
Operating Profit
YoY Change
Interest Expense $5.363M $3.512M
YoY Change 52.71% 13.36%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $9.646M $13.63M
YoY Change -29.2% 381.79%
Income Tax $3.239M $3.321M
% Of Pretax Income 33.58% 24.37%
Net Earnings $6.407M $10.30M
YoY Change -37.82% 347.81%
Net Earnings / Revenue 13.91% 30.09%
Basic Earnings Per Share $0.27 $0.60
Diluted Earnings Per Share $0.27 $0.59
COMMON SHARES
Basic Shares Outstanding 23.68M shares 17.16M shares
Diluted Shares Outstanding 23.88M shares 17.36M shares

Balance Sheet

Concept 2016 Q1 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $733.4M $533.0M
YoY Change 37.61% 7.81%
Cash & Equivalents $46.36M $56.86M
Short-Term Investments $687.1M $476.1M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $67.32M $49.81M
YoY Change 35.17% 21.8%
Goodwill $20.37M $11.95M
YoY Change 70.5% -0.98%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $5.417B $4.604B
YoY Change 17.65% 47.35%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $119.7M $80.10M
YoY Change 49.44% 12.03%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $9.500M
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $119.7M $80.10M
YoY Change 49.44% 12.03%
LONG-TERM LIABILITIES
Long-Term Debt $61.90M $61.90M
YoY Change 0.0% 0.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $61.90M $61.90M
YoY Change 0.0% 0.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $119.7M $80.10M
Total Long-Term Liabilities $61.90M $61.90M
Total Liabilities $4.888B $4.165B
YoY Change 17.36% 46.07%
SHAREHOLDERS EQUITY
Retained Earnings $251.3M $213.9M
YoY Change 17.5% 16.48%
Common Stock $511.0K $511.0K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $529.1M $439.4M
YoY Change
Total Liabilities & Shareholders Equity $5.417B $4.604B
YoY Change 17.65% 47.35%

Cashflow Statement

Concept 2016 Q1 2015 Q1
OPERATING ACTIVITIES
Net Income $6.407M $10.30M
YoY Change -37.82% 347.81%
Depreciation, Depletion And Amortization $3.800M $4.600M
YoY Change -17.39% 4.55%
Cash From Operating Activities -$45.90M -$216.0M
YoY Change -78.75% 299.8%
INVESTING ACTIVITIES
Capital Expenditures $6.899M $4.136M
YoY Change 66.8% -29.55%
Acquisitions
YoY Change
Other Investing Activities -$254.6M $29.00M
YoY Change -977.93% 63.84%
Cash From Investing Activities -$261.5M $24.83M
YoY Change -1153.2% 110.09%
FINANCING ACTIVITIES
Cash Dividend Paid $0.00
YoY Change -100.0%
Common Stock Issuance & Retirement, Net $0.00 $65.00K
YoY Change -100.0% 6.56%
Debt Paid & Issued, Net $0.00
YoY Change -100.0%
Cash From Financing Activities $321.1M $217.6M
YoY Change 47.59% 288.35%
NET CHANGE
Cash From Operating Activities -$45.90M -$216.0M
Cash From Investing Activities -$261.5M $24.83M
Cash From Financing Activities $321.1M $217.6M
Net Change In Cash $13.67M $26.36M
YoY Change -48.14% 90.95%
FREE CASH FLOW
Cash From Operating Activities -$45.90M -$216.0M
Capital Expenditures $6.899M $4.136M
Free Cash Flow -$52.80M -$220.2M
YoY Change -76.02% 267.52%

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CY2016Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
26453000 USD
CY2015Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
327295000 USD
CY2016Q1 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
422115000 USD
CY2015Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
40481000 USD
CY2016Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
42283000 USD
CY2016Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
653825000 USD
CY2015Q1 us-gaap Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
0 USD
CY2016Q1 us-gaap Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
35000 USD
CY2015Q1 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
0 USD
CY2016Q1 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
35000 USD
CY2015Q1 us-gaap Available For Sale Securities Gross Realized Gains Losses Sale Proceeds
AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds
0 USD
CY2016Q1 us-gaap Available For Sale Securities Gross Realized Gains Losses Sale Proceeds
AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds
9761000 USD
CY2015Q1 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
0 USD
CY2016Q1 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
0 USD
CY2015Q1 us-gaap Available For Sale Securities Income Tax Expense On Change In Unrealized Holding Gain Or Loss
AvailableForSaleSecuritiesIncomeTaxExpenseOnChangeInUnrealizedHoldingGainOrLoss
0 USD
CY2016Q1 us-gaap Available For Sale Securities Income Tax Expense On Change In Unrealized Holding Gain Or Loss
AvailableForSaleSecuritiesIncomeTaxExpenseOnChangeInUnrealizedHoldingGainOrLoss
12000 USD
CY2015Q1 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
0.51
CY2016Q1 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
0.27
CY2015Q1 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
0.51
CY2016Q1 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
0.27
CY2015Q1 us-gaap Business Acquisitions Pro Forma Net Income Loss
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11215000 USD
CY2016Q1 us-gaap Business Acquisitions Pro Forma Net Income Loss
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6407000 USD
CY2015Q1 us-gaap Business Combination Acquired Receivables Fair Value
BusinessCombinationAcquiredReceivablesFairValue
664148000 USD
CY2015Q1 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
12165000 USD
CY2015Q1 us-gaap Business Combination Bargain Purchase Gain Recognized Amount
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6628000 USD
CY2016Q1 us-gaap Business Combination Bargain Purchase Gain Recognized Amount
BusinessCombinationBargainPurchaseGainRecognizedAmount
0 USD
CY2015Q1 us-gaap Business Combination Consideration Transferred1
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124685000 USD
CY2015Q1 us-gaap Business Combination Consideration Transferred Equity Interests Issued And Issuable
BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable
124214000 USD
CY2016Q1 us-gaap Business Combination Consideration Transferred Equity Interests Issued And Issuable
BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable
0 USD
CY2015Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
850946000 USD
CY2015Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
112667000 USD
CY2015Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Marketable Securities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsMarketableSecurities
26845000 USD
CY2015Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
718924000 USD
CY2016Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
0 USD
CY2015Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
132030000 USD
CY2015Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
2966000 USD
CY2015Q1 us-gaap Cash Acquired In Excess Of Payments To Acquire Business
CashAcquiredInExcessOfPaymentsToAcquireBusiness
112196000 USD
CY2016Q1 us-gaap Cash Acquired In Excess Of Payments To Acquire Business
CashAcquiredInExcessOfPaymentsToAcquireBusiness
17494000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
30502000 USD
CY2015Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
56864000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
32684000 USD
CY2016Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
46356000 USD
CY2015Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
26362000 USD
CY2016Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
13672000 USD
CY2015Q4 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2016Q1 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2015Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
160000000 shares
CY2016Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
160000000 shares
CY2015Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
14856611 shares
CY2016Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
24550219 shares
CY2015Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
14856611 shares
CY2016Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
24550219 shares
CY2015Q4 us-gaap Common Stock Value
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511000 USD
CY2016Q1 us-gaap Common Stock Value
CommonStockValue
511000 USD
CY2015Q1 us-gaap Communications And Information Technology
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6120000 USD
CY2016Q1 us-gaap Communications And Information Technology
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7534000 USD
CY2015Q1 us-gaap Comprehensive Income Net Of Tax
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12471000 USD
CY2016Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
13017000 USD
CY2015Q4 us-gaap Continuing Involvement With Transferred Financial Assets Principal Amount Outstanding
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16351691000 USD
CY2016Q1 us-gaap Continuing Involvement With Transferred Financial Assets Principal Amount Outstanding
ContinuingInvolvementWithTransferredFinancialAssetsPrincipalAmountOutstanding
16989689000 USD
CY2015Q4 us-gaap Deposits
Deposits
3231953000 USD
CY2016Q1 us-gaap Deposits
Deposits
3823027000 USD
CY2015Q4 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
1155464000 USD
CY2016Q1 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
1244064000 USD
CY2015Q4 us-gaap Deposits Negotiable Order Of Withdrawal Now
DepositsNegotiableOrderOfWithdrawalNOW
408477000 USD
CY2016Q1 us-gaap Deposits Negotiable Order Of Withdrawal Now
DepositsNegotiableOrderOfWithdrawalNOW
495467000 USD
CY2015Q4 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
292092000 USD
CY2016Q1 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
300952000 USD
CY2015Q1 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
4631000 USD
CY2016Q1 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
3763000 USD
CY2015Q4 us-gaap Derivative Asset Fair Value Of Collateral
DerivativeAssetFairValueOfCollateral
0 USD
CY2016Q1 us-gaap Derivative Asset Fair Value Of Collateral
DerivativeAssetFairValueOfCollateral
0 USD
CY2015Q4 us-gaap Derivative Assets
DerivativeAssets
37245000 USD
CY2016Q1 us-gaap Derivative Assets
DerivativeAssets
70464000 USD
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28274000 USD
CY2016Q1 us-gaap Derivative Fair Value Of Derivative Asset
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76262000 USD
CY2015Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
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37245000 USD
CY2016Q1 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
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70464000 USD
CY2015Q4 us-gaap Derivative Fair Value Of Derivative Liability
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5511000 USD
CY2016Q1 us-gaap Derivative Fair Value Of Derivative Liability
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21817000 USD
CY2015Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
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95000 USD
CY2016Q1 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
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1783000 USD
CY2015Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
20237000 USD
CY2016Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
30615000 USD
CY2015Q4 us-gaap Derivative Liabilities
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100000 USD
CY2016Q1 us-gaap Derivative Liabilities
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3093000 USD
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DerivativeLiabilityFairValueOfCollateral
5000 USD
CY2016Q1 us-gaap Derivative Liability Fair Value Of Collateral
DerivativeLiabilityFairValueOfCollateral
1310000 USD
CY2015Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.60
CY2016Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.27
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EarningsPerShareDiluted
0.59
CY2016Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.27
CY2015Q1 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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14000 USD
CY2016Q1 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
11000 USD
CY2015Q1 us-gaap Fair Value Inputs Discount Rate
FairValueInputsDiscountRate
0.1032
CY2016Q1 us-gaap Fair Value Inputs Discount Rate
FairValueInputsDiscountRate
0.1025
CY2015Q1 us-gaap Fair Value Inputs Prepayment Rate
FairValueInputsPrepaymentRate
0.1613
CY2016Q1 us-gaap Fair Value Inputs Prepayment Rate
FairValueInputsPrepaymentRate
0.1728
CY2015Q1 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
525000 USD
CY2016Q1 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
716000 USD
CY2015Q4 us-gaap Federal Home Loan Bank Stock
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44342000 USD
CY2016Q1 us-gaap Federal Home Loan Bank Stock
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40548000 USD
CY2014Q4 us-gaap Financing Receivable Allowance For Credit Losses
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22524000 USD
CY2015Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
25628000 USD
CY2015Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
30659000 USD
CY2016Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
32423000 USD
CY2015Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
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30092000 USD
CY2016Q1 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
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31862000 USD
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567000 USD
CY2016Q1 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
561000 USD
CY2015Q1 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
202000 USD
CY2016Q1 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
558000 USD
CY2015Q1 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
98000 USD
CY2016Q1 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
194000 USD
CY2015Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
3109018000 USD
CY2016Q1 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
3444290000 USD
CY2015Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
93673000 USD
CY2016Q1 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
93218000 USD
CY2015Q1 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
12
CY2016Q1 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
20
CY2015Q1 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
6
CY2016Q1 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
1
CY2015Q1 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
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1498000 USD
CY2016Q1 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
271000 USD
CY2015Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
36612000 USD
CY2016Q1 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
32506000 USD
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3158016000 USD
CY2016Q1 us-gaap Financing Receivable Recorded Investment Current
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3486998000 USD
CY2015Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
17168000 USD
CY2016Q1 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
16012000 USD
CY2015Q4 us-gaap Financing Receivable Recorded Investment Past Due
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66219000 USD
CY2016Q1 us-gaap Financing Receivable Recorded Investment Past Due
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68837000 USD
CY2015Q1 us-gaap Financing Receivables Impaired Troubled Debt Restructuring Write Down
FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown
0 USD
CY2016Q1 us-gaap Financing Receivables Impaired Troubled Debt Restructuring Write Down
FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown
0 USD
CY2016Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
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5678000 USD
CY2016Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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1734000 USD
CY2016Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
1806000 USD
CY2016Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1938000 USD
CY2016Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2045000 USD
CY2016Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
2201000 USD
CY2015Q1 us-gaap Foreclosed Real Estate Expense
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211000 USD
CY2016Q1 us-gaap Foreclosed Real Estate Expense
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495000 USD
CY2015Q1 us-gaap Gain Loss On Disposition Of Assets1
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0 USD
CY2016Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-85000 USD
CY2015Q1 us-gaap Gain Loss On Sale Of Loans And Leases
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0 USD
CY2016Q1 us-gaap Gain Loss On Sale Of Loans And Leases
GainLossOnSaleOfLoansAndLeases
202000 USD
CY2015Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
12825000 USD
CY2016Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
15522000 USD
CY2015Q4 us-gaap Goodwill
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11521000 USD
CY2016Q1 us-gaap Goodwill
Goodwill
20366000 USD
CY2015Q1 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
118062000 USD
CY2016Q1 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
93445000 USD
CY2015Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
93673000 USD
CY2016Q1 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
93218000 USD
CY2015Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
567000 USD
CY2016Q1 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
561000 USD
CY2015Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
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97351000 USD
CY2016Q1 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
97094000 USD
CY2015Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
90547000 USD
CY2016Q1 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
89785000 USD
CY2015Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
94058000 USD
CY2016Q1 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
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93439000 USD
CY2015Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
3126000 USD
CY2016Q1 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
3433000 USD
CY2015Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
3293000 USD
CY2016Q1 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
3655000 USD
CY2015Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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13625000 USD
CY2016Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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9646000 USD
CY2015Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
564000 USD
CY2016Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
136000 USD
CY2015Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3321000 USD
CY2016Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3239000 USD
CY2015Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
7819000 USD
CY2016Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-1360000 USD
CY2015Q1 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
4563000 USD
CY2016Q1 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
6397000 USD
CY2015Q1 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
247591000 USD
CY2016Q1 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
465053000 USD
CY2015Q1 us-gaap Increase Decrease In Loans Held For Sale
IncreaseDecreaseInLoansHeldForSale
7948000 USD
CY2016Q1 us-gaap Increase Decrease In Loans Held For Sale
IncreaseDecreaseInLoansHeldForSale
7833000 USD
CY2015Q1 us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
415000 USD
CY2016Q1 us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
394000 USD
CY2015Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
34246000 USD
CY2016Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
46054000 USD
CY2015Q1 us-gaap Interest And Dividend Income Securities Available For Sale
InterestAndDividendIncomeSecuritiesAvailableForSale
2394000 USD
CY2016Q1 us-gaap Interest And Dividend Income Securities Available For Sale
InterestAndDividendIncomeSecuritiesAvailableForSale
3053000 USD
CY2016Q1 us-gaap Liabilities Fair Value Disclosure
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21817000 USD
CY2015Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
31647000 USD
CY2016Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
42734000 USD
CY2015Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
2079000 USD
CY2016Q1 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
19072000 USD
CY2015Q4 us-gaap Interest Bearing Domestic Deposit Brokered
InterestBearingDomesticDepositBrokered
120300000 USD
CY2016Q1 us-gaap Interest Bearing Domestic Deposit Brokered
InterestBearingDomesticDepositBrokered
223600000 USD
CY2015Q1 us-gaap Interest Expense
InterestExpense
3512000 USD
CY2016Q1 us-gaap Interest Expense
InterestExpense
5363000 USD
CY2015Q1 us-gaap Interest Expense Deposits
InterestExpenseDeposits
2582000 USD
CY2016Q1 us-gaap Interest Expense Deposits
InterestExpenseDeposits
3569000 USD
CY2015Q1 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Short Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm
612000 USD
CY2016Q1 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Short Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm
1419000 USD
CY2015Q1 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
265000 USD
CY2016Q1 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
311000 USD
CY2015Q1 us-gaap Interest Expense Money Market Deposits
InterestExpenseMoneyMarketDeposits
1139000 USD
CY2016Q1 us-gaap Interest Expense Money Market Deposits
InterestExpenseMoneyMarketDeposits
1367000 USD
CY2015Q1 us-gaap Interest Expense Negotiable Order Of Withdrawal Now Deposits
InterestExpenseNegotiableOrderOfWithdrawalNOWDeposits
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18327000 USD
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CY2015Q1 us-gaap Mortgage Loans On Real Estate Cost Of Mortgages Sold
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1530696000 USD
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24831000 USD
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CY2015Q1 us-gaap Net Income Loss
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10304000 USD
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643028000 USD
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880985000 USD
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89482000 USD
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101353000 USD
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75373000 USD
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71708000 USD
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443000 USD
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156000 USD
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2
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5840000 USD
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148377000 USD
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2167000 USD
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6610000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
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0 USD
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OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
35000 USD
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OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
0 USD
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OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
23000 USD
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OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
0 USD
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OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
12000 USD
CY2015Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
2167000 USD
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6633000 USD
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1167000 USD
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3562000 USD
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205000 USD
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267000 USD
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CY2015Q1 us-gaap Payments For Federal Home Loan Bank Advances
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1434000000 USD
CY2016Q1 us-gaap Payments For Federal Home Loan Bank Advances
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3767950000 USD
CY2015Q1 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
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1575683000 USD
CY2016Q1 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
1613692000 USD
CY2015Q1 us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
-4438000 USD
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PaymentsForProceedsFromFederalHomeLoanBankStock
-51571000 USD
CY2015Q1 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
92162000 USD
CY2016Q1 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
207807000 USD
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471000 USD
CY2015Q1 us-gaap Payments To Acquire Federal Home Loan Bank Stock
PaymentsToAcquireFederalHomeLoanBankStock
0 USD
CY2016Q1 us-gaap Payments To Acquire Federal Home Loan Bank Stock
PaymentsToAcquireFederalHomeLoanBankStock
46546000 USD
CY2015Q1 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
0 USD
CY2016Q1 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
94240000 USD
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PaymentsToAcquireMortgageServicingRightsMSR
3000 USD
CY2016Q1 us-gaap Payments To Acquire Mortgage Servicing Rights Msr
PaymentsToAcquireMortgageServicingRightsMSR
0 USD
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4136000 USD
CY2016Q1 us-gaap Payments To Acquire Property Plant And Equipment
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6899000 USD
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PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesForRepurchaseAgreements
0 USD
CY2015Q4 us-gaap Preferred Stock No Par Value
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0
CY2016Q1 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
0
CY2015Q4 us-gaap Preferred Stock Shares Authorized
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10000 shares
CY2016Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000 shares
CY2015Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2016Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2015Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2016Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2015Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2016Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2015Q1 us-gaap Pro Forma Weighted Average Shares Outstanding Diluted
ProFormaWeightedAverageSharesOutstandingDiluted
22038748 shares
CY2016Q1 us-gaap Pro Forma Weighted Average Shares Outstanding Diluted
ProFormaWeightedAverageSharesOutstandingDiluted
23877376 shares
CY2015Q1 us-gaap Proceeds From Federal Home Loan Bank Borrowings
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1440000000 USD
CY2016Q1 us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
3618950000 USD
CY2015Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
65000 USD
CY2016Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
CY2015Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
7561000 USD
CY2016Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
9137000 USD
CY2015Q1 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
0 USD
CY2016Q1 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
9761000 USD
CY2015Q1 us-gaap Proceeds From Sale Of Loans Held For Investment
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0 USD
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ProceedsFromSaleOfLoansHeldForInvestment
10298000 USD
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ProceedsFromSaleOfLoansHeldForSale
1359798000 USD
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1569466000 USD
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ProceedsFromSaleOfOtherRealEstate
1375000 USD
CY2016Q1 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
164000 USD
CY2015Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
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ProceedsFromSaleOfPropertyPlantAndEquipment
572000 USD
CY2015Q1 us-gaap Professional Fees
ProfessionalFees
5565000 USD
CY2016Q1 us-gaap Professional Fees
ProfessionalFees
1672000 USD
CY2015Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
63738000 USD
CY2016Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
67323000 USD
CY2015Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
104000 USD
CY2016Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
364000 USD
CY2015Q1 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
3000000 USD
CY2016Q1 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
1400000 USD
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
244885000 USD
CY2016Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
251292000 USD
CY2015Q4 us-gaap Servicing Asset
ServicingAsset
171255000 USD
CY2016Q1 us-gaap Servicing Asset
ServicingAsset
148851000 USD
CY2014Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
10885000 USD
CY2015Q1 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
11013000 USD
CY2015Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
14651000 USD
CY2016Q1 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
15402000 USD
CY2015Q1 us-gaap Servicing Asset At Amortized Value Additions
ServicingAssetAtAmortizedValueAdditions
582000 USD
CY2016Q1 us-gaap Servicing Asset At Amortized Value Additions
ServicingAssetAtAmortizedValueAdditions
1388000 USD
CY2015Q1 us-gaap Servicing Asset At Amortized Value Amortization1
ServicingAssetAtAmortizedValueAmortization1
454000 USD
CY2016Q1 us-gaap Servicing Asset At Amortized Value Amortization1
ServicingAssetAtAmortizedValueAmortization1
637000 USD
CY2015Q1 us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
14415000 USD
CY2016Q1 us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
13704000 USD
CY2015Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
156604000 USD
CY2016Q1 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
133449000 USD
CY2015Q1 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
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16546000 USD
CY2016Q1 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
35471000 USD
CY2015Q1 us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-7311000 USD
CY2016Q1 us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-28214000 USD
CY2015Q1 us-gaap Servicing Fees Net
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4297000 USD
CY2016Q1 us-gaap Servicing Fees Net
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8129000 USD
CY2015Q1 us-gaap Share Based Compensation
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393000 USD
CY2016Q1 us-gaap Share Based Compensation
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400000 USD
CY2015Q1 us-gaap Stock Issued During Period Value New Issues
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124279000 USD
CY2016Q1 us-gaap Stock Issued During Period Value New Issues
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302238000 USD
CY2015Q1 us-gaap Stockholders Equity
StockholdersEquity
439395000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
465275000 USD
CY2016Q1 us-gaap Stockholders Equity
StockholdersEquity
529132000 USD
CY2016Q1 us-gaap Time Deposit Maturities Next Rolling Twelve Months
TimeDepositMaturitiesNextRollingTwelveMonths
625698000 USD
CY2016Q1 us-gaap Time Deposit Maturities Rolling Year Five
TimeDepositMaturitiesRollingYearFive
15089000 USD
CY2016Q1 us-gaap Time Deposit Maturities Rolling Year Four
TimeDepositMaturitiesRollingYearFour
28347000 USD
CY2016Q1 us-gaap Time Deposit Maturities Rolling Year Three
TimeDepositMaturitiesRollingYearThree
24901000 USD
CY2016Q1 us-gaap Time Deposit Maturities Rolling Year Two
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207524000 USD
CY2015Q4 us-gaap Time Deposits
TimeDeposits
732892000 USD
CY2016Q1 us-gaap Time Deposits
TimeDeposits
901559000 USD
CY2015Q4 us-gaap Time Deposits100000 Or More
TimeDeposits100000OrMore
290100000 USD
CY2016Q1 us-gaap Time Deposits100000 Or More
TimeDeposits100000OrMore
376000000 USD
CY2015Q1 us-gaap Transfer Of Loans Held For Sale To Portfolio Loans1
TransferOfLoansHeldForSaleToPortfolioLoans1
24549000 USD
CY2016Q1 us-gaap Transfer Of Loans Held For Sale To Portfolio Loans1
TransferOfLoansHeldForSaleToPortfolioLoans1
0 USD
CY2015Q1 us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
4295000 USD
CY2016Q1 us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
4567000 USD
CY2015Q4 us-gaap Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
2237000 USD
CY2016Q1 us-gaap Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
979000 USD
CY2015Q1 us-gaap Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
22038748 shares
CY2016Q1 us-gaap Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
23676506 shares
CY2015Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
196773 shares
CY2016Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
200870 shares
CY2015Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17355076 shares
CY2016Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
23877376 shares
CY2015Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17158303 shares
CY2016Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
23676506 shares

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