2017 Q1 Form 10-Q Financial Statement

#000143774917008418 Filed on May 09, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2016 Q1
Revenue $38.63M $30.32M
YoY Change 27.38%
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 $897.0K $766.1K
YoY Change 17.09% 9.44%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $3.676M $2.905M
YoY Change 26.57% -29.49%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $11.57M $8.393M
YoY Change 37.91% 64.9%
Income Tax $2.389M $2.019M
% Of Pretax Income 20.64% 24.06%
Net Earnings $9.185M $6.373M
YoY Change 44.11% 52.55%
Net Earnings / Revenue 23.78% 21.02%
Basic Earnings Per Share $0.70 $0.54
Diluted Earnings Per Share $0.68 $0.53
COMMON SHARES
Basic Shares Outstanding 13.13M 11.79M
Diluted Shares Outstanding 13.49M 11.95M

Balance Sheet

Concept 2017 Q1 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $614.0M
YoY Change
Cash & Equivalents $56.33M $44.93M
Short-Term Investments $557.6M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $61.14M $38.10M
YoY Change 60.48% -1.04%
Goodwill $13.11M $3.223M
YoY Change 306.83%
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 $3.381B $2.641B
YoY Change 28.04% 5.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $19.50M $64.00M
YoY Change -69.53% -65.08%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $19.50M $64.00M
YoY Change -69.53% -65.08%
LONG-TERM LIABILITIES
Long-Term Debt $105.5M $133.4M
YoY Change -20.91% -29.64%
Other Long-Term Liabilities $47.70M $68.10M
YoY Change -29.96% 84.05%
Total Long-Term Liabilities $153.2M $201.5M
YoY Change -23.97% -11.08%
TOTAL LIABILITIES
Total Short-Term Liabilities $19.50M $64.00M
Total Long-Term Liabilities $153.2M $201.5M
Total Liabilities $3.085B $2.406B
YoY Change 28.25% 2.77%
SHAREHOLDERS EQUITY
Retained Earnings $127.1M
YoY Change
Common Stock $13.16M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $295.8M $235.1M
YoY Change
Total Liabilities & Shareholders Equity $3.381B $2.641B
YoY Change 28.03% 5.98%

Cashflow Statement

Concept 2017 Q1 2016 Q1
OPERATING ACTIVITIES
Net Income $9.185M $6.373M
YoY Change 44.11% 52.55%
Depreciation, Depletion And Amortization $897.0K $766.1K
YoY Change 17.09% 9.44%
Cash From Operating Activities $10.83M $5.100M
YoY Change 112.43% 0.0%
INVESTING ACTIVITIES
Capital Expenditures $1.397M $1.558M
YoY Change -10.35% -148.69%
Acquisitions
YoY Change
Other Investing Activities -$101.2M -$12.90M
YoY Change 684.5% -129.52%
Cash From Investing Activities -$102.6M -$14.50M
YoY Change 607.38% -135.8%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $761.2K $512.6K
YoY Change 48.51%
Debt Paid & Issued, Net $8.000M
YoY Change
Cash From Financing Activities 77.49M 12.60M
YoY Change 515.01% -132.56%
NET CHANGE
Cash From Operating Activities 10.83M 5.100M
Cash From Investing Activities -102.6M -14.50M
Cash From Financing Activities 77.49M 12.60M
Net Change In Cash -14.24M 3.200M
YoY Change -545.13% -53.62%
FREE CASH FLOW
Cash From Operating Activities $10.83M $5.100M
Capital Expenditures $1.397M $1.558M
Free Cash Flow $9.437M $3.542M
YoY Change 166.44% -57.33%

Facts In Submission

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CY2017Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
32059150
CY2016Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
30757448
CY2015Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
26140906
CY2016Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
27395442
CY2017Q1 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
28310593
CY2016Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
27114480
CY2017Q1 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
3748557
CY2016Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
3642968
CY2017Q1 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
89219
CY2016Q1 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
49835
CY2017Q1 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
2407685155
CY2016Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
2377342183
CY2017Q1 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
20200084
CY2016Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
20072099
CY2017Q1 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
11
CY2016Q1 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
5
CY2017Q1 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
809813
CY2016Q1 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
456592
CY2017Q1 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
809813
CY2016Q1 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
456592
CY2017Q1 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
8673673
CY2016Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
8647007
CY2017Q1 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
2
CY2016Q1 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
0
CY2017Q1 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
954924
CY2016Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
966814
CY2017Q1 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
2407681867
CY2016Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
2378270983
CY2017Q1 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
14205302
CY2016Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
13919066
CY2016Q4 us-gaap Financing Receivables Impaired Troubled Debt Restructuring Write Down
FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown
195000
CY2017Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
7150346
CY2016Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
7381213
CY2016Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1421531
CY2017Q1 us-gaap Gain Loss On Investments
GainLossOnInvestments
CY2016Q1 us-gaap Gain Loss On Investments
GainLossOnInvestments
358480
CY2017Q1 us-gaap Gain Loss On Sale Of Other Loans And Leases
GainLossOnSaleOfOtherLoansAndLeases
950641
CY2016Q1 us-gaap Gain Loss On Sale Of Other Loans And Leases
GainLossOnSaleOfOtherLoansAndLeases
878528
CY2017Q1 us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
CY2016Q1 us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
358480
CY2017Q1 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
96323
CY2016Q1 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
60386
CY2016Q1 us-gaap Gain On Sale Of Investments
GainOnSaleOfInvestments
515515
CY2017Q1 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
CY2016Q1 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
7740
CY2017Q1 us-gaap Goodwill
Goodwill
13110913
CY2016Q4 us-gaap Goodwill
Goodwill
13110913
CY2016Q1 us-gaap Goodwill
Goodwill
3222688
CY2017Q1 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
306694063
CY2017Q1 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
2193278
CY2016Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
2200577
CY2017Q1 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
4690335
CY2016Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
4694734
CY2017Q1 us-gaap Held To Maturity Securities Amortized Cost Before Other Than Temporary Impairment
HeldToMaturitySecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment
306694063
CY2016Q4 us-gaap Held To Maturity Securities Amortized Cost Before Other Than Temporary Impairment
HeldToMaturitySecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment
322909056
CY2017Q1 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
278588803
CY2017Q1 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount
281166967
CY2017Q1 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
17027273
CY2017Q1 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount
16946533
CY2017Q1 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
8580930
CY2017Q1 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
8580563
CY2017Q1 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
304197006
CY2016Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
320414899
CY2017Q1 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
19931106
CY2016Q1 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
11168585
CY2017Q1 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
94426
CY2016Q1 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
17923
CY2017Q1 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
94426
CY2016Q1 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
17923
CY2017Q1 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
20200084
CY2016Q1 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
11323779
CY2016Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
20072099
CY2017Q1 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
3748557
CY2016Q1 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
3179854
CY2016Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
3642968
CY2017Q1 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
20289141
CY2016Q1 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
11699113
CY2016Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
20392750
CY2017Q1 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
5121057
CY2016Q1 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
4112488
CY2017Q1 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod
27408
CY2016Q1 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod
14465
CY2017Q1 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeCashBasisMethod
27408
CY2016Q1 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeCashBasisMethod
14465
CY2017Q1 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
4926710
CY2016Q1 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
3989038
CY2016Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
4637593
CY2017Q1 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
5011928
CY2016Q1 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
4312955
CY2016Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
4880273
CY2017Q1 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
14810049
CY2016Q1 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
7056097
CY2017Q1 us-gaap Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod
67018
CY2016Q1 us-gaap Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod
3458
CY2017Q1 us-gaap Impaired Financing Receivable With Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeCashBasisMethod
67018
CY2016Q1 us-gaap Impaired Financing Receivable With Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeCashBasisMethod
3458
CY2017Q1 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
15273374
CY2016Q1 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
7334741
CY2016Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
15434506
CY2017Q1 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
15277213
CY2016Q1 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
7386158
CY2016Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
15512477
CY2017Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
11574411
CY2016Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
8392512
CY2017Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2389446
CY2016Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2019023
CY2017Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
4842
CY2016Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
2464300
CY2017Q1 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
136704261
CY2016Q1 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
108903515
CY2017Q1 us-gaap Increase Decrease In Federal Funds Sold
IncreaseDecreaseInFederalFundsSold
6459000
CY2016Q1 us-gaap Increase Decrease In Federal Funds Sold
IncreaseDecreaseInFederalFundsSold
4110000
CY2017Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-5427798
CY2016Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
9295660
CY2017Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-5852341
CY2016Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
5079831
CY2017Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
355035
CY2016Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
160329
CY2017Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
31345099
CY2016Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
23502059
CY2017Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
27211417
CY2016Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
19700370
CY2017Q1 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
2028781254
CY2016Q4 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
1871846183
CY2017Q1 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
157420706
CY2016Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
63948925
CY2017Q1 us-gaap Interest Expense
InterestExpense
3676216
CY2016Q1 us-gaap Interest Expense
InterestExpense
2904537
CY2017Q1 us-gaap Interest Expense Deposits
InterestExpenseDeposits
2232756
CY2016Q1 us-gaap Interest Expense Deposits
InterestExpenseDeposits
1289798
CY2017Q1 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
403469
CY2016Q1 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
441704
CY2017Q1 us-gaap Interest Expense Junior Subordinated Debentures
InterestExpenseJuniorSubordinatedDebentures
332823
CY2016Q1 us-gaap Interest Expense Junior Subordinated Debentures
InterestExpenseJuniorSubordinatedDebentures
304886
CY2017Q1 us-gaap Interest Expense Other
InterestExpenseOther
683208
CY2016Q1 us-gaap Interest Expense Other
InterestExpenseOther
825083
CY2017Q1 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
23960
CY2016Q1 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
43066
CY2017Q1 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
198652
CY2016Q1 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
60317
CY2017Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
25563774
CY2016Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
18524537
CY2017Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
27668883
CY2016Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
20597522
CY2017Q1 us-gaap Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
14643
CY2016Q1 us-gaap Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
12590
CY2017Q1 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
2647722
CY2016Q1 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
2242015
CY2017Q1 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
1142235
CY2016Q1 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
1356203
CY2017Q1 us-gaap Interest Paid
InterestPaid
3747218
CY2016Q1 us-gaap Interest Paid
InterestPaid
2944839
CY2017Q1 us-gaap Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust
JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust
33513509
CY2016Q4 us-gaap Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust
JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust
33480202
CY2017Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
13307331
CY2016Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
10800907
CY2017Q1 us-gaap Liabilities
Liabilities
3085172988
CY2016Q4 us-gaap Liabilities
Liabilities
3015902949
CY2017Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3381012618
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3301943748
CY2017Q1 us-gaap Life Insurance Corporate Or Bank Owned Change In Value
LifeInsuranceCorporateOrBankOwnedChangeInValue
469687
CY2016Q1 us-gaap Life Insurance Corporate Or Bank Owned Change In Value
LifeInsuranceCorporateOrBankOwnedChangeInValue
393609
CY2017Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
32059150
CY2016Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
30757448
CY2017Q1 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
2435850415
CY2016Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
2405486985
CY2017Q1 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
2427885239
CY2016Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
2397414282
CY2017Q1 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
2403791265
CY2016Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
2374729537
CY2017Q1 us-gaap Loans And Leases Receivable Ratio Of Nonperforming Loans To All Loans
LoansAndLeasesReceivableRatioOfNonperformingLoansToAllLoans
1
CY2016Q4 us-gaap Loans And Leases Receivable Ratio Of Nonperforming Loans To All Loans
LoansAndLeasesReceivableRatioOfNonperformingLoansToAllLoans
1
CY2017Q1 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
1051000
CY2016Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
1135500
CY2016Q1 us-gaap Loss On Sale Of Investments
LossOnSaleOfInvestments
157035
CY2017Q1 us-gaap Marketable Securities
MarketableSecurities
557646084
CY2016Q4 us-gaap Marketable Securities
MarketableSecurities
574022195
CY2017Q1 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
609431
CY2016Q1 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
386259
CY2017Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
77491634
CY2016Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
12569414
CY2017Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-102569474
CY2016Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-14502998
CY2017Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
10833816
CY2016Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
5122099
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
9184965
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
6373489
CY2017Q1 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
777150245
CY2016Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
797415090
CY2017Q1 us-gaap Noninterest Expense
NoninterestExpense
21273117
CY2016Q1 us-gaap Noninterest Expense
NoninterestExpense
16954498
CY2017Q1 us-gaap Noninterest Income
NoninterestIncome
7283754
CY2016Q1 us-gaap Noninterest Income
NoninterestIncome
6822473
CY2017Q1 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
687397
CY2016Q1 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
499360
CY2017Q1 us-gaap Other Assets
OtherAssets
31584651
CY2016Q4 us-gaap Other Assets
OtherAssets
37503284
CY2017Q1 us-gaap Other Borrowings
OtherBorrowings
72000000
CY2016Q4 us-gaap Other Borrowings
OtherBorrowings
80000000
CY2017Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
598190
CY2016Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
4505238
CY2017Q1 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
675801
CY2016Q1 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
4113935
CY2017Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax
77611
CY2016Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax
-391303
CY2017Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2017Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
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CY2016Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
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CY2016Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
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CY2017Q1 us-gaap Other Comprehensive Income Loss Tax
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CY2016Q1 us-gaap Other Comprehensive Income Loss Tax
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CY2016Q1 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
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OtherLiabilities
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OtherLiabilities
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CY2016Q1 us-gaap Other Noninterest Expense
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CY2017Q1 us-gaap Other Nonoperating Expense
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CY2016Q1 us-gaap Other Nonoperating Expense
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CY2017Q1 us-gaap Other Short Term Borrowings
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19470096
CY2016Q4 us-gaap Other Short Term Borrowings
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CY2017Q1 us-gaap Other Significant Noncash Transaction Value Of Consideration Given1
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
290290
CY2016Q1 us-gaap Other Significant Noncash Transaction Value Of Consideration Given1
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
451434
CY2017Q1 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
21416325
CY2016Q1 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
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CY2017Q1 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
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CY2016Q1 us-gaap Payments For Proceeds From Loans And Leases
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CY2016Q1 us-gaap Payments Of Ordinary Dividends
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CY2017Q1 us-gaap Payments To Acquire Investments
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CY2016Q1 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
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PaymentsToAcquirePropertyPlantAndEquipment
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PaymentsToAcquirePropertyPlantAndEquipment
1558171
CY2017Q1 us-gaap Payments To Acquire Restricted Investments
PaymentsToAcquireRestrictedInvestments
7600
CY2016Q1 us-gaap Payments To Acquire Restricted Investments
PaymentsToAcquireRestrictedInvestments
485250
CY2017Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
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CY2017Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
250000
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
250000
CY2017Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2016Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2017Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
CY2017Q1 us-gaap Preferred Stock Value
PreferredStockValue
CY2016Q4 us-gaap Preferred Stock Value
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CY2017Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
761238
CY2016Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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CY2017Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
17385968
CY2016Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
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CY2017Q1 us-gaap Proceeds From Payments For In Interest Bearing Deposits In Banks
ProceedsFromPaymentsForInInterestBearingDepositsInBanks
-93471781
CY2016Q1 us-gaap Proceeds From Payments For In Interest Bearing Deposits In Banks
ProceedsFromPaymentsForInInterestBearingDepositsInBanks
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ProceedsFromRepaymentsOfShortTermDebt
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CY2016Q1 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
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CY2017Q1 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
0
CY2016Q1 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
55526851
CY2017Q1 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
CY2016Q1 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
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CY2017Q1 us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
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CY2016Q1 us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
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CY2017Q1 us-gaap Proceeds From Sale Of Loans Held For Sale
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CY2017Q1 us-gaap Proceeds From Sale Of Restricted Investments
ProceedsFromSaleOfRestrictedInvestments
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CY2016Q1 us-gaap Proceeds From Sale Of Restricted Investments
ProceedsFromSaleOfRestrictedInvestments
CY2017Q1 us-gaap Profit Loss
ProfitLoss
9184965
CY2016Q1 us-gaap Profit Loss
ProfitLoss
6373489
CY2017Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
61143458
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
60643508
CY2017Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
2105109
CY2016Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
2072985
CY2017Q1 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
2105109
CY2016Q1 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
2072985
CY2017Q1 us-gaap Real Estate Acquired Through Foreclosure
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CY2016Q4 us-gaap Real Estate Acquired Through Foreclosure
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CY2017Q1 us-gaap Repayments Of Federal Home Loan Bank Borrowings
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CY2016Q1 us-gaap Repayments Of Federal Home Loan Bank Borrowings
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10524197
CY2017Q1 us-gaap Repayments Of Long Term Debt
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8000000
CY2016Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
CY2017Q1 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
CY2016Q1 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
10759000
CY2017Q1 us-gaap Repayments Of Subordinated Debt
RepaymentsOfSubordinatedDebt
CY2016Q1 us-gaap Repayments Of Subordinated Debt
RepaymentsOfSubordinatedDebt
3955000
CY2017Q1 us-gaap Restricted Investments
RestrictedInvestments
13689125
CY2016Q4 us-gaap Restricted Investments
RestrictedInvestments
14997025
CY2017Q1 us-gaap Retained Earnings Accumulated Deficit
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127145292
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
118616901
CY2017Q1 us-gaap Revenues
Revenues
38628853
CY2016Q1 us-gaap Revenues
Revenues
30324532
CY2017Q1 us-gaap Share Based Compensation
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388753
CY2016Q1 us-gaap Share Based Compensation
ShareBasedCompensation
382761
CY2017Q1 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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86664
CY2016Q1 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
99614
CY2017Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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CY2017Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
674574
CY2016Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
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775493
CY2017Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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295839630
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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225885750
CY2016Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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235142719
CY2017Q1 us-gaap Transfer To Other Real Estate
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136450
CY2016Q1 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
16000
CY2017Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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13488417
CY2016Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11953949
CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13133382
CY2016Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11793620

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