2017 Q1 Form 10-Q Financial Statement

#000151871517000118 Filed on May 05, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2016 Q1
Revenue $55.27M $46.05M
YoY Change 20.02% 34.48%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development $7.648M $7.534M
YoY Change 1.51% 23.1%
% of Gross Profit
Depreciation & Amortization $4.800M $3.800M
YoY Change 26.32% -17.39%
% of Gross Profit
Operating Expenses $7.648M $7.534M
YoY Change 1.51% 23.1%
Operating Profit
YoY Change
Interest Expense $9.623M $5.363M
YoY Change 79.43% 52.71%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $13.24M $9.646M
YoY Change 37.24% -29.2%
Income Tax $4.255M $3.239M
% Of Pretax Income 32.14% 33.58%
Net Earnings $8.983M $6.407M
YoY Change 40.21% -37.82%
Net Earnings / Revenue 16.25% 13.91%
Basic Earnings Per Share $0.33 $0.27
Diluted Earnings Per Share $0.33 $0.27
COMMON SHARES
Basic Shares Outstanding 26.82M shares 23.68M shares
Diluted Shares Outstanding 27.06M shares 23.88M shares

Balance Sheet

Concept 2017 Q1 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.247B $733.4M
YoY Change 70.04% 37.61%
Cash & Equivalents $61.49M $46.36M
Short-Term Investments $1.186B $687.1M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $97.35M $67.32M
YoY Change 44.6% 35.17%
Goodwill $22.18M $20.37M
YoY Change 8.88% 70.5%
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 $6.401B $5.417B
YoY Change 18.16% 17.65%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $176.9M $119.7M
YoY Change 47.79% 49.44%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $176.9M $119.7M
YoY Change 47.79% 49.44%
LONG-TERM LIABILITIES
Long-Term Debt $125.2M $61.90M
YoY Change 102.26% 0.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $125.2M $61.90M
YoY Change 102.26% 0.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $176.9M $119.7M
Total Long-Term Liabilities $125.2M $61.90M
Total Liabilities $5.760B $4.888B
YoY Change 17.84% 17.36%
SHAREHOLDERS EQUITY
Retained Earnings $312.0M $251.3M
YoY Change 24.17% 17.5%
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 $640.9M $529.1M
YoY Change
Total Liabilities & Shareholders Equity $6.401B $5.417B
YoY Change 18.16% 17.65%

Cashflow Statement

Concept 2017 Q1 2016 Q1
OPERATING ACTIVITIES
Net Income $8.983M $6.407M
YoY Change 40.21% -37.82%
Depreciation, Depletion And Amortization $4.800M $3.800M
YoY Change 26.32% -17.39%
Cash From Operating Activities $148.0M -$45.90M
YoY Change -422.46% -78.75%
INVESTING ACTIVITIES
Capital Expenditures $22.40M $6.899M
YoY Change 224.64% 66.8%
Acquisitions
YoY Change
Other Investing Activities -$276.5M -$254.6M
YoY Change 8.6% -977.93%
Cash From Investing Activities -$299.2M -$261.5M
YoY Change 14.43% -1153.2%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $11.00K $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $158.8M $321.1M
YoY Change -50.54% 47.59%
NET CHANGE
Cash From Operating Activities $148.0M -$45.90M
Cash From Investing Activities -$299.2M -$261.5M
Cash From Financing Activities $158.8M $321.1M
Net Change In Cash $7.565M $13.67M
YoY Change -44.67% -48.14%
FREE CASH FLOW
Cash From Operating Activities $148.0M -$45.90M
Capital Expenditures $22.40M $6.899M
Free Cash Flow $125.6M -$52.80M
YoY Change -337.9% -76.02%

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1514000 USD
CY2016Q4 us-gaap Available For Sale Securities Debt Securities
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993990000 USD
CY2017Q1 us-gaap Available For Sale Securities Debt Securities
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1136389000 USD
CY2016Q1 us-gaap Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
35000 USD
CY2017Q1 us-gaap Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
6000 USD
CY2016Q1 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
35000 USD
CY2017Q1 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
25000 USD
CY2016Q1 us-gaap Available For Sale Securities Gross Realized Gains Losses Sale Proceeds
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9761000 USD
CY2017Q1 us-gaap Available For Sale Securities Gross Realized Gains Losses Sale Proceeds
AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds
2386000 USD
CY2016Q1 us-gaap Available For Sale Securities Gross Realized Losses
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0 USD
CY2017Q1 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
19000 USD
CY2016Q1 us-gaap Cash Acquired In Excess Of Payments To Acquire Business
CashAcquiredInExcessOfPaymentsToAcquireBusiness
17494000 USD
CY2017Q1 us-gaap Cash Acquired In Excess Of Payments To Acquire Business
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0 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
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
53932000 USD
CY2017Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
61492000 USD
CY2016Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
13672000 USD
CY2017Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
7560000 USD
CY2016Q4 us-gaap Commitments And Contingencies
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USD
CY2017Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2016Q4 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2017Q1 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2016Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
160000000 shares
CY2017Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
160000000 shares
CY2016Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
26800183 shares
CY2017Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
26862744 shares
CY2016Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
26800183 shares
CY2017Q1 us-gaap Common Stock Shares Outstanding
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26862744 shares
CY2016Q4 us-gaap Common Stock Value
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511000 USD
CY2017Q1 us-gaap Common Stock Value
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511000 USD
CY2016Q1 us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
7534000 USD
CY2017Q1 us-gaap Communications And Information Technology
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7648000 USD
CY2016Q1 us-gaap Comprehensive Income Net Of Tax
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13017000 USD
CY2017Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
10909000 USD
CY2016Q4 us-gaap Continuing Involvement With Transferred Financial Assets Principal Amount Outstanding
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20665819000 USD
CY2017Q1 us-gaap Continuing Involvement With Transferred Financial Assets Principal Amount Outstanding
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21517415000 USD
CY2016Q4 us-gaap Deposits
Deposits
4429701000 USD
CY2017Q1 us-gaap Deposits
Deposits
4595809000 USD
CY2016Q4 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
1603141000 USD
CY2017Q1 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
1579957000 USD
CY2016Q4 us-gaap Deposits Negotiable Order Of Withdrawal Now
DepositsNegotiableOrderOfWithdrawalNOW
468812000 USD
CY2017Q1 us-gaap Deposits Negotiable Order Of Withdrawal Now
DepositsNegotiableOrderOfWithdrawalNOW
514271000 USD
CY2016Q4 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
301361000 USD
CY2017Q1 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
310813000 USD
CY2016Q1 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
3763000 USD
CY2017Q1 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
4807000 USD
CY2016Q4 us-gaap Derivative Asset Fair Value Of Collateral
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0 USD
CY2017Q1 us-gaap Derivative Asset Fair Value Of Collateral
DerivativeAssetFairValueOfCollateral
0 USD
CY2016Q4 us-gaap Derivative Assets
DerivativeAssets
69400000 USD
CY2017Q1 us-gaap Derivative Assets
DerivativeAssets
61553000 USD
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59226000 USD
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43092000 USD
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69400000 USD
CY2017Q1 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
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61553000 USD
CY2016Q4 us-gaap Derivative Fair Value Of Derivative Liability
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42399000 USD
CY2017Q1 us-gaap Derivative Fair Value Of Derivative Liability
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33473000 USD
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2743000 USD
CY2017Q1 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
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771000 USD
CY2016Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
0 USD
CY2017Q1 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
0 USD
CY2016Q4 us-gaap Derivative Liabilities
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4563000 USD
CY2017Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
3530000 USD
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1820000 USD
CY2017Q1 us-gaap Earnings Per Share Diluted
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0.33
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2759000 USD
CY2016Q1 us-gaap Earnings Per Share Basic
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0.27
CY2017Q1 us-gaap Earnings Per Share Basic
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0.33
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EarningsPerShareDiluted
0.27
CY2016Q1 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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11000 USD
CY2017Q1 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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0 USD
CY2016Q1 us-gaap Fair Value Inputs Discount Rate
FairValueInputsDiscountRate
0.1025
CY2017Q1 us-gaap Fair Value Inputs Discount Rate
FairValueInputsDiscountRate
0.1028
CY2016Q1 us-gaap Fair Value Inputs Prepayment Rate
FairValueInputsPrepaymentRate
0.1728
CY2017Q1 us-gaap Fair Value Inputs Prepayment Rate
FairValueInputsPrepaymentRate
0.1191
CY2016Q1 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
0 USD
CY2017Q1 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
0 USD
CY2016Q1 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
716000 USD
CY2017Q1 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
824000 USD
CY2016Q4 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
40347000 USD
CY2017Q1 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
41656000 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
CY2016Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
35264000 USD
CY2017Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
36042000 USD
CY2016Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
34885000 USD
CY2017Q1 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
35237000 USD
CY2016Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
379000 USD
CY2017Q1 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
805000 USD
CY2016Q1 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
558000 USD
CY2017Q1 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
1103000 USD
CY2016Q1 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
194000 USD
CY2017Q1 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
325000 USD
CY2016Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
3740955000 USD
CY2017Q1 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
3871881000 USD
CY2016Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
90508000 USD
CY2017Q1 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
95257000 USD
CY2016Q1 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
20 loan
CY2017Q1 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
40 loan
CY2016Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
40846000 USD
CY2017Q1 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
34557000 USD
CY2016Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
3777123000 USD
CY2017Q1 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
3919594000 USD
CY2016Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
20542000 USD
CY2017Q1 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
18676000 USD
CY2016Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
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CY2017Q1 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
66586000 USD
CY2016Q1 us-gaap Financing Receivables Impaired Troubled Debt Restructuring Write Down
FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown
0 USD
CY2017Q1 us-gaap Financing Receivables Impaired Troubled Debt Restructuring Write Down
FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown
0 USD
CY2017Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
8517000 USD
CY2017Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
2192000 USD
CY2017Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
2451000 USD
CY2017Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
2666000 USD
CY2017Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2748000 USD
CY2017Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
2850000 USD
CY2016Q1 us-gaap Foreclosed Real Estate Expense
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495000 USD
CY2017Q1 us-gaap Foreclosed Real Estate Expense
ForeclosedRealEstateExpense
25000 USD
CY2016Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-85000 USD
CY2017Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-50000 USD
CY2016Q1 us-gaap Gain Loss On Sale Of Loans And Leases
GainLossOnSaleOfLoansAndLeases
202000 USD
CY2017Q1 us-gaap Gain Loss On Sale Of Loans And Leases
GainLossOnSaleOfLoansAndLeases
83000 USD
CY2016Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
15522000 USD
CY2017Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
17128000 USD
CY2016Q4 us-gaap Goodwill
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22175000 USD
CY2017Q1 us-gaap Goodwill
Goodwill
22175000 USD
CY2016Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
49861000 USD
CY2017Q1 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
49265000 USD
CY2016Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
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240000 USD
CY2017Q1 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
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298000 USD
CY2016Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
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613000 USD
CY2017Q1 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
527000 USD
CY2016Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
0 USD
CY2017Q1 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
0 USD
CY2016Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
613000 USD
CY2017Q1 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
527000 USD
CY2016Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Fair Value
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30354000 USD
CY2017Q1 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Fair Value
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27977000 USD
CY2016Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
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613000 USD
CY2017Q1 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
527000 USD
CY2016Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
30354000 USD
CY2017Q1 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
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27977000 USD
CY2016Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
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0 USD
CY2017Q1 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
0 USD
CY2016Q4 us-gaap Held To Maturity Securities Debt Maturities Next Rolling Twelve Months Fair Value
HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue
0 USD
CY2017Q1 us-gaap Held To Maturity Securities Debt Maturities Next Rolling Twelve Months Fair Value
HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue
0 USD
CY2016Q4 us-gaap Held To Maturity Securities Debt Maturities Rolling After Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue
26729000 USD
CY2017Q1 us-gaap Held To Maturity Securities Debt Maturities Rolling After Ten Years Fair Value
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26332000 USD
CY2016Q4 us-gaap Held To Maturity Securities Debt Maturities Rolling Year Six Through Ten Fair Value
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18178000 USD
CY2017Q1 us-gaap Held To Maturity Securities Debt Maturities Rolling Year Six Through Ten Fair Value
HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue
18168000 USD
CY2016Q4 us-gaap Held To Maturity Securities Debt Maturities Rolling Year Two Through Five Fair Value
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4581000 USD
CY2017Q1 us-gaap Held To Maturity Securities Debt Maturities Rolling Year Two Through Five Fair Value
HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue
4536000 USD
CY2016Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
49488000 USD
CY2017Q1 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
49036000 USD
CY2016Q1 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
93445000 USD
CY2017Q1 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
92882000 USD
CY2016Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
90508000 USD
CY2017Q1 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
95257000 USD
CY2016Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
379000 USD
CY2017Q1 us-gaap Impaired Financing Receivable Related Allowance
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805000 USD
CY2016Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
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96306000 USD
CY2017Q1 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
99995000 USD
CY2016Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
86723000 USD
CY2017Q1 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
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89106000 USD
CY2016Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
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92431000 USD
CY2017Q1 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
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93373000 USD
CY2016Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
3785000 USD
CY2017Q1 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
6151000 USD
CY2016Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
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3875000 USD
CY2017Q1 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
6622000 USD
CY2016Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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9646000 USD
CY2017Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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13238000 USD
CY2016Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
136000 USD
CY2017Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
185000 USD
CY2016Q1 us-gaap Income Tax Expense Benefit
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3239000 USD
CY2017Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4255000 USD
CY2016Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-1360000 USD
CY2017Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-23202000 USD
CY2016Q1 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
6397000 USD
CY2017Q1 us-gaap Increase Decrease In Deferred Income Taxes
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-7624000 USD
CY2016Q1 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
465053000 USD
CY2017Q1 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
166158000 USD
CY2016Q1 us-gaap Increase Decrease In Loans Held For Sale
IncreaseDecreaseInLoansHeldForSale
7833000 USD
CY2017Q1 us-gaap Increase Decrease In Loans Held For Sale
IncreaseDecreaseInLoansHeldForSale
53304000 USD
CY2016Q1 us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
394000 USD
CY2017Q1 us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
396000 USD
CY2016Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
46054000 USD
CY2017Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
55274000 USD
CY2016Q1 us-gaap Interest And Dividend Income Securities Available For Sale
InterestAndDividendIncomeSecuritiesAvailableForSale
3053000 USD
CY2017Q1 us-gaap Interest And Dividend Income Securities Available For Sale
InterestAndDividendIncomeSecuritiesAvailableForSale
5632000 USD
CY2016Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
42734000 USD
CY2017Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
49506000 USD
CY2016Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
34615000 USD
CY2017Q1 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
15344000 USD
CY2016Q4 us-gaap Interest Bearing Domestic Deposit Brokered
InterestBearingDomesticDepositBrokered
234400000 USD
CY2017Q1 us-gaap Interest Bearing Domestic Deposit Brokered
InterestBearingDomesticDepositBrokered
336300000 USD
CY2016Q1 us-gaap Interest Expense
InterestExpense
5363000 USD
CY2017Q1 us-gaap Interest Expense
InterestExpense
9623000 USD
CY2016Q1 us-gaap Interest Expense Deposits
InterestExpenseDeposits
3569000 USD
CY2017Q1 us-gaap Interest Expense Deposits
InterestExpenseDeposits
5623000 USD
CY2016Q1 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Short Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm
1419000 USD
CY2017Q1 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Short Term
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1829772000 USD
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-261520000 USD
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-299249000 USD
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147995000 USD
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101353000 USD
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106874000 USD
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2 segment
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221070000 USD
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233832000 USD
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6610000 USD
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1926000 USD
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23000 USD
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4000 USD
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12000 USD
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OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
2000 USD
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6633000 USD
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1930000 USD
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3572000 USD
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1039000 USD
CY2016Q1 us-gaap Other Interest And Dividend Income
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267000 USD
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136000 USD
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5243000 USD
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5646000 USD
CY2016Q1 us-gaap Payments For Federal Home Loan Bank Advances
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3767950000 USD
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-43033000 USD
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1810600000 USD
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1613692000 USD
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1640341000 USD
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46546000 USD
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44342000 USD
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94240000 USD
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170381000 USD
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0 USD
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PaymentsToAcquireMortgageServicingRightsMSR
354000 USD
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6899000 USD
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22397000 USD
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228947000 USD
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PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesForRepurchaseAgreements
0 USD
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0 USD
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PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged
274748000 USD
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PreferredStockNoParValue
0
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PreferredStockNoParValue
0
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10000 shares
CY2017Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000 shares
CY2016Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
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PreferredStockSharesOutstanding
0 shares
CY2017Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
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PreferredStockValue
0 USD
CY2017Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2016Q1 us-gaap Proceeds From Federal Home Loan Bank Borrowings
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3618950000 USD
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ProceedsFromFederalHomeLoanBankBorrowings
1804600000 USD
CY2016Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
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ProceedsFromIssuanceOfCommonStock
11000 USD
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9137000 USD
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ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
26644000 USD
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0 USD
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-46000 USD
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9761000 USD
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2386000 USD
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10298000 USD
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1469000 USD
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1569466000 USD
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1867783000 USD
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164000 USD
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708000 USD
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572000 USD
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0 USD
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1672000 USD
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1058000 USD
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77636000 USD
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PropertyPlantAndEquipmentNet
97349000 USD
CY2016Q1 us-gaap Provision For Loan And Lease Losses
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364000 USD
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ProvisionForLoanAndLeaseLosses
778000 USD
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ProvisionForLoanLeaseAndOtherLosses
1400000 USD
CY2017Q1 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
0 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
303036000 USD
CY2017Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
312019000 USD
CY2016Q4 us-gaap Servicing Asset
ServicingAsset
245860000 USD
CY2017Q1 us-gaap Servicing Asset
ServicingAsset
257421000 USD
CY2015Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
14651000 USD
CY2016Q1 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
15402000 USD
CY2016Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
19747000 USD
CY2017Q1 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
21424000 USD
CY2016Q1 us-gaap Servicing Asset At Amortized Value Additions
ServicingAssetAtAmortizedValueAdditions
1388000 USD
CY2017Q1 us-gaap Servicing Asset At Amortized Value Additions
ServicingAssetAtAmortizedValueAdditions
2608000 USD
CY2016Q1 us-gaap Servicing Asset At Amortized Value Amortization1
ServicingAssetAtAmortizedValueAmortization1
637000 USD
CY2017Q1 us-gaap Servicing Asset At Amortized Value Amortization1
ServicingAssetAtAmortizedValueAmortization1
931000 USD
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ServicingAssetAtFairValueAmount
226113000 USD
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ServicingAssetAtFairValueAmount
235997000 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
CY2017Q1 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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6388000 USD
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-28214000 USD
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ServicingAssetAtFairValueOtherChangesInFairValue
2132000 USD
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P6Y2M55D
CY2016Q1 us-gaap Servicing Fees Net
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8032000 USD
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9239000 USD
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400000 USD
CY2017Q1 us-gaap Share Based Compensation
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720000 USD
CY2016Q1 us-gaap Stockholders Equity
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529132000 USD
CY2016Q4 us-gaap Stockholders Equity
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629284000 USD
CY2017Q1 us-gaap Stockholders Equity
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640919000 USD
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435000 USD
CY2016Q1 us-gaap Stock Issued During Period Value New Issues
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50429000 USD
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83000 USD
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StockholdersEquity
465275000 USD
CY2017Q1 us-gaap Time Deposit Maturities Next Rolling Twelve Months
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831210000 USD
CY2017Q1 us-gaap Time Deposit Maturities Rolling Year Five
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9026000 USD
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37589000 USD
CY2017Q1 us-gaap Time Deposit Maturities Rolling Year Three
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13726000 USD
CY2017Q1 us-gaap Time Deposit Maturities Rolling Year Two
TimeDepositMaturitiesRollingYearTwo
319521000 USD
CY2016Q4 us-gaap Time Deposits
TimeDeposits
1091558000 USD
CY2017Q1 us-gaap Time Deposits
TimeDeposits
1211507000 USD
CY2016Q4 us-gaap Time Deposits100000 Or More
TimeDeposits100000OrMore
508600000 USD
CY2017Q1 us-gaap Time Deposits100000 Or More
TimeDeposits100000OrMore
501100000 USD
CY2016Q1 us-gaap Transfer Of Loans Held For Sale To Portfolio Loans1
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0 USD
CY2017Q1 us-gaap Transfer Of Loans Held For Sale To Portfolio Loans1
TransferOfLoansHeldForSaleToPortfolioLoans1
3947000 USD
CY2016Q1 us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
4567000 USD
CY2017Q1 us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
2871000 USD
CY2016Q4 us-gaap Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
3577000 USD
CY2017Q1 us-gaap Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
6514000 USD
CY2016Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
200870 shares
CY2017Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
236053 shares
CY2016Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
23877376 shares
CY2017Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27057449 shares
CY2016Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
23676506 shares
CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26821396 shares
CY2017Q1 us-gaap Financing Receivable Allowance For Credit Losses Policy For Uncollectible Amounts
FinancingReceivableAllowanceForCreditLossesPolicyForUncollectibleAmounts
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Management considers the level of allowance for loan losses to be appropriate to cover credit losses inherent within the loans held for investment portfolio as of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">March&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">. In addition to the allowance for loan losses, the Company maintains a separate allowance for losses related to unfunded loan commitments, and this amount is included in accounts payable and other liabilities on the consolidated statements of financial condition. Collectively, these allowances are referred to as the allowance for credit losses. </font></div></div>

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