2018 Q2 Form 10-Q Financial Statement

#000107742818000096 Filed on July 19, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q2
Revenue $286.9M $208.2M
YoY Change 37.78% 20.73%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development $7.143M $11.91M
YoY Change -40.01% 86.29%
% of Gross Profit
Depreciation & Amortization $8.000M $6.100M
YoY Change 31.15% 15.09%
% of Gross Profit
Operating Expenses $7.143M $11.91M
YoY Change -40.01% 86.29%
Operating Profit
YoY Change
Interest Expense $55.14M $25.23M
YoY Change 118.53% 64.13%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $89.86M $76.91M
YoY Change 16.83% 26.62%
Income Tax $18.42M $25.82M
% Of Pretax Income 20.5% 33.57%
Net Earnings $71.44M $51.10M
YoY Change 39.81% 31.42%
Net Earnings / Revenue 24.9% 24.54%
Basic Earnings Per Share $1.39 $0.98
Diluted Earnings Per Share $1.38 $0.97
COMMON SHARES
Basic Shares Outstanding 49.74M shares 49.58M shares
Diluted Shares Outstanding 50.10M shares 50.23M shares

Balance Sheet

Concept 2018 Q2 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $3.463B $2.270B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $26.18M $20.75M
YoY Change 26.14% -4.67%
Goodwill
YoY Change
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 $27.78B $23.12B
YoY Change 20.17% 9.67%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $11.00M $6.000M
YoY Change 83.33% 20.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $521.0M $462.0M
YoY Change 12.77% 381.25%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $11.00M $6.000M
YoY Change 83.33% 20.0%
LONG-TERM LIABILITIES
Long-Term Debt $395.0M $395.0M
YoY Change 0.0% 0.25%
Other Long-Term Liabilities $176.0M $164.0M
YoY Change 7.32% -7.87%
Total Long-Term Liabilities $571.0M $559.0M
YoY Change 2.15% -2.27%
TOTAL LIABILITIES
Total Short-Term Liabilities $11.00M $6.000M
Total Long-Term Liabilities $571.0M $559.0M
Total Liabilities $25.44B $21.02B
YoY Change 21.02% 8.37%
SHAREHOLDERS EQUITY
Retained Earnings $1.229B $991.9M
YoY Change 23.89% 21.42%
Common Stock $502.0K $496.0K
YoY Change 1.21% 7.83%
Preferred Stock
YoY Change
Treasury Stock (at cost) $8.000K $8.000K
YoY Change 0.0% 0.0%
Treasury Stock Shares 417.0 shares 417.0 shares
Shareholders Equity $2.344B $2.101B
YoY Change
Total Liabilities & Shareholders Equity $27.78B $23.12B
YoY Change 20.17% 9.67%

Cashflow Statement

Concept 2018 Q2 2017 Q2
OPERATING ACTIVITIES
Net Income $71.44M $51.10M
YoY Change 39.81% 31.42%
Depreciation, Depletion And Amortization $8.000M $6.100M
YoY Change 31.15% 15.09%
Cash From Operating Activities -$174.2M $28.40M
YoY Change -713.38% -139.12%
INVESTING ACTIVITIES
Capital Expenditures -$800.0K -$1.600M
YoY Change -50.0% 433.33%
Acquisitions
YoY Change
Other Investing Activities -$2.066B -$2.883B
YoY Change -28.34% 283.87%
Cash From Investing Activities -$2.066B -$2.884B
YoY Change -28.35% 284.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 3.252B 2.205B
YoY Change 47.53% 171.16%
NET CHANGE
Cash From Operating Activities -174.2M 28.40M
Cash From Investing Activities -2.066B -2.884B
Cash From Financing Activities 3.252B 2.205B
Net Change In Cash 1.012B -651.3M
YoY Change -255.34% 5986.92%
FREE CASH FLOW
Cash From Operating Activities -$174.2M $28.40M
Capital Expenditures -$800.0K -$1.600M
Free Cash Flow -$173.4M $30.00M
YoY Change -678.0% -141.49%

Facts In Submission

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EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y11M0D
CY2017Q4 us-gaap Escrow Deposit
EscrowDeposit
73400000 USD
CY2018Q2 us-gaap Escrow Deposit
EscrowDeposit
84500000 USD
CY2017Q2 us-gaap Expense Related To Distribution Or Servicing And Underwriting Fees
ExpenseRelatedToDistributionOrServicingAndUnderwritingFees
2682000 USD
us-gaap Expense Related To Distribution Or Servicing And Underwriting Fees
ExpenseRelatedToDistributionOrServicingAndUnderwritingFees
4432000 USD
CY2018Q2 us-gaap Expense Related To Distribution Or Servicing And Underwriting Fees
ExpenseRelatedToDistributionOrServicingAndUnderwritingFees
4367000 USD
us-gaap Expense Related To Distribution Or Servicing And Underwriting Fees
ExpenseRelatedToDistributionOrServicingAndUnderwritingFees
8172000 USD
CY2017 us-gaap Fair Value Assumption Date Of Securitization Or Asset Backed Financing Arrangement Transferors Continuing Involvement Servicing Assets Or Liabilities Weighted Average Life
FairValueAssumptionDateOfSecuritizationOrAssetBackedFinancingArrangementTransferorsContinuingInvolvementServicingAssetsOrLiabilitiesWeightedAverageLife
P7Y
us-gaap Fair Value Assumption Date Of Securitization Or Asset Backed Financing Arrangement Transferors Continuing Involvement Servicing Assets Or Liabilities Weighted Average Life
FairValueAssumptionDateOfSecuritizationOrAssetBackedFinancingArrangementTransferorsContinuingInvolvementServicingAssetsOrLiabilitiesWeightedAverageLife
P7Y6M0D
CY2017Q2 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
4603000 USD
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
10597000 USD
CY2018Q2 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
6257000 USD
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
12360000 USD
CY2017Q4 us-gaap Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
FederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
365040000 USD
CY2018Q2 us-gaap Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
FederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
520849000 USD
CY2017Q4 us-gaap Federal Funds Sold
FederalFundsSold
30000000 USD
CY2018Q2 us-gaap Federal Funds Sold
FederalFundsSold
39000000 USD
CY2017Q2 us-gaap Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
3067000 USD
us-gaap Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
6112000 USD
CY2018Q2 us-gaap Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
3005000 USD
us-gaap Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
6142000 USD
CY2017Q2 us-gaap Fees And Commissions Fiduciary And Trust Activities
FeesAndCommissionsFiduciaryAndTrustActivities
1402000 USD
us-gaap Fees And Commissions Fiduciary And Trust Activities
FeesAndCommissionsFiduciaryAndTrustActivities
2759000 USD
CY2018Q2 us-gaap Fees And Commissions Fiduciary And Trust Activities
FeesAndCommissionsFiduciaryAndTrustActivities
2007000 USD
us-gaap Fees And Commissions Fiduciary And Trust Activities
FeesAndCommissionsFiduciaryAndTrustActivities
3931000 USD
CY2017Q2 us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
3700000 USD
us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
5901000 USD
CY2017Q2 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
28562000 USD
CY2018Q2 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
12351000 USD
CY2017Q2 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
19435602000 USD
CY2018Q2 us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
4967000 USD
us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
10459000 USD
CY2017Q2 us-gaap Fees And Commissions Other
FeesAndCommissionsOther
954000 USD
us-gaap Fees And Commissions Other
FeesAndCommissionsOther
2757000 USD
CY2018Q2 us-gaap Fees And Commissions Other
FeesAndCommissionsOther
1352000 USD
us-gaap Fees And Commissions Other
FeesAndCommissionsOther
2914000 USD
CY2017Q2 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
145663000 USD
CY2018Q2 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
166745000 USD
CY2017Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
20669659000 USD
CY2018Q2 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
22485238000 USD
CY2017Q2 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
125284000 USD
CY2017Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
102684000 USD
CY2018Q2 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
83880000 USD
us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
2
us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
1
us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
1372000 USD
us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
1370000 USD
us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
1669000 USD
us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
1370000 USD
CY2017Q2 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
1372000 USD
CY2018Q2 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
1370000 USD
CY2018Q2 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
22415290000 USD
CY2018Q2 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
83295000 USD
CY2018Q2 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
70533000 USD
CY2017Q2 us-gaap Foreclosed Real Estate Expense
ForeclosedRealEstateExpense
71000 USD
us-gaap Foreclosed Real Estate Expense
ForeclosedRealEstateExpense
210000 USD
CY2018Q2 us-gaap Foreclosed Real Estate Expense
ForeclosedRealEstateExpense
176000 USD
us-gaap Foreclosed Real Estate Expense
ForeclosedRealEstateExpense
2331000 USD
CY2018Q2 us-gaap Gain Loss On Sale Of Equity Investments
GainLossOnSaleOfEquityInvestments
-162000 USD
us-gaap Gain Loss On Sale Of Equity Investments
GainLossOnSaleOfEquityInvestments
-162000 USD
us-gaap Gain Loss On Sale Of Notes Receivable
GainLossOnSaleOfNotesReceivable
100000 USD
us-gaap Gain Loss On Sale Of Notes Receivable
GainLossOnSaleOfNotesReceivable
7400000 USD
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
-93000 USD
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
-7648000 USD
us-gaap Income Loss Before Extraordinary Items And Cumulative Effect Of Change In Accounting Principle
IncomeLossBeforeExtraordinaryItemsAndCumulativeEffectOfChangeInAccountingPrinciple
93637000 USD
us-gaap Income Loss Before Extraordinary Items And Cumulative Effect Of Change In Accounting Principle
IncomeLossBeforeExtraordinaryItemsAndCumulativeEffectOfChangeInAccountingPrinciple
143381000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
76914000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
142289000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
89860000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
181147000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
93637000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
143381000 USD
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
25819000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
48652000 USD
CY2018Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
18424000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
37766000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
52042000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
49770000 USD
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
275392000 USD
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
1211691000 USD
us-gaap Increase Decrease In Federal Funds Purchased
IncreaseDecreaseInFederalFundsPurchased
-352649000 USD
us-gaap Increase Decrease In Federal Funds Purchased
IncreaseDecreaseInFederalFundsPurchased
-155809000 USD
us-gaap Increase Decrease In Loans Held For Sale
IncreaseDecreaseInLoansHeldForSale
-2939002000 USD
us-gaap Increase Decrease In Loans Held For Sale
IncreaseDecreaseInLoansHeldForSale
-2908777000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
46025000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
97710000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-488000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-14289000 USD
CY2017Q2 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
428527 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
432660 shares
CY2018Q2 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
10869 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
112884 shares
CY2017Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
224306 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
244058 shares
CY2018Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
348762 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
336285 shares
CY2017Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
208191000 USD
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
392137000 USD
CY2018Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
286852000 USD
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
540721000 USD
CY2017Q2 us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
287000 USD
us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
512000 USD
CY2018Q2 us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
193000 USD
us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
399000 USD
CY2017Q2 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
201646000 USD
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
378270000 USD
CY2018Q2 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
279447000 USD
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
523311000 USD
CY2017Q4 us-gaap Interest Bearing Deposit Liabilities Domestic
InterestBearingDepositLiabilitiesDomestic
11310520000 USD
CY2018Q2 us-gaap Interest Bearing Deposit Liabilities Domestic
InterestBearingDepositLiabilitiesDomestic
12686746000 USD
CY2017Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
2697581000 USD
CY2018Q2 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
3249107000 USD
CY2017Q2 us-gaap Interest Expense
InterestExpense
25232000 USD
us-gaap Interest Expense
InterestExpense
45819000 USD
CY2018Q2 us-gaap Interest Expense
InterestExpense
55140000 USD
us-gaap Interest Expense
InterestExpense
98709000 USD
CY2017Q2 us-gaap Interest Expense Deposits
InterestExpenseDeposits
16533000 USD
us-gaap Interest Expense Deposits
InterestExpenseDeposits
29826000 USD
CY2018Q2 us-gaap Interest Expense Deposits
InterestExpenseDeposits
39607000 USD
us-gaap Interest Expense Deposits
InterestExpenseDeposits
71309000 USD
CY2017Q2 us-gaap Interest Expense Federal Funds Purchased
InterestExpenseFederalFundsPurchased
726000 USD
us-gaap Interest Expense Federal Funds Purchased
InterestExpenseFederalFundsPurchased
978000 USD
CY2018Q2 us-gaap Interest Expense Federal Funds Purchased
InterestExpenseFederalFundsPurchased
1665000 USD
us-gaap Interest Expense Federal Funds Purchased
InterestExpenseFederalFundsPurchased
2634000 USD
CY2017Q2 us-gaap Interest Expense Other
InterestExpenseOther
2901000 USD
us-gaap Interest Expense Other
InterestExpenseOther
4922000 USD
CY2018Q2 us-gaap Interest Expense Other
InterestExpenseOther
8484000 USD
us-gaap Interest Expense Other
InterestExpenseOther
14164000 USD
CY2017Q2 us-gaap Interest Expense Subordinated Notes And Debentures
InterestExpenseSubordinatedNotesAndDebentures
4191000 USD
us-gaap Interest Expense Subordinated Notes And Debentures
InterestExpenseSubordinatedNotesAndDebentures
8382000 USD
CY2018Q2 us-gaap Interest Expense Subordinated Notes And Debentures
InterestExpenseSubordinatedNotesAndDebentures
4191000 USD
us-gaap Interest Expense Subordinated Notes And Debentures
InterestExpenseSubordinatedNotesAndDebentures
8382000 USD
CY2017Q2 us-gaap Interest Expense Trust Preferred Securities
InterestExpenseTrustPreferredSecurities
881000 USD
us-gaap Interest Expense Trust Preferred Securities
InterestExpenseTrustPreferredSecurities
1711000 USD
CY2018Q2 us-gaap Interest Expense Trust Preferred Securities
InterestExpenseTrustPreferredSecurities
1193000 USD
us-gaap Interest Expense Trust Preferred Securities
InterestExpenseTrustPreferredSecurities
2220000 USD
CY2017Q2 us-gaap Interest Income Domestic Deposits
InterestIncomeDomesticDeposits
5824000 USD
us-gaap Interest Income Domestic Deposits
InterestIncomeDomesticDeposits
12391000 USD
CY2018Q2 us-gaap Interest Income Domestic Deposits
InterestIncomeDomesticDeposits
6467000 USD
us-gaap Interest Income Domestic Deposits
InterestIncomeDomesticDeposits
15221000 USD
CY2017Q2 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
169959000 USD
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
324318000 USD
CY2018Q2 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
204712000 USD
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
403012000 USD
CY2017Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
182959000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
346318000 USD
CY2018Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
231712000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
442012000 USD
CY2017Q2 us-gaap Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
434000 USD
us-gaap Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
964000 USD
CY2018Q2 us-gaap Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
745000 USD
us-gaap Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
1790000 USD
us-gaap Interest Paid
InterestPaid
45071000 USD
us-gaap Interest Paid
InterestPaid
95121000 USD
CY2017Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
7680000 USD
CY2018Q2 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
11268000 USD
CY2017Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
63154000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
126157000 USD
CY2018Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
72404000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
144941000 USD
CY2017Q4 us-gaap Leases Receivable Commercial Lease Financing
LeasesReceivableCommercialLeaseFinancing
264903000 USD
CY2018Q2 us-gaap Leases Receivable Commercial Lease Financing
LeasesReceivableCommercialLeaseFinancing
314575000 USD
CY2017Q4 us-gaap Liabilities
Liabilities
22872924000 USD
CY2018Q2 us-gaap Liabilities
Liabilities
25438380000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
25075645000 USD
CY2018Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
27781910000 USD
CY2016Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
168126000 USD
CY2017Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
174225000 USD
CY2017Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
20772343000 USD
CY2018Q2 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
22569118000 USD
CY2018Q2 us-gaap Loans And Leases Receivable Impaired Nonperforming Nonaccrual Of Interest
LoansAndLeasesReceivableImpairedNonperformingNonaccrualOfInterest
0 USD
CY2017Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
15366252000 USD
CY2018Q2 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
16536721000 USD
CY2017Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
20489757000 USD
CY2017Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
184655000 USD
CY2018Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
179096000 USD
CY2017Q4 us-gaap Loans And Leases Receivable Consumer Real Estate
LoansAndLeasesReceivableConsumerRealEstate
48684000 USD
CY2018Q2 us-gaap Loans And Leases Receivable Consumer Real Estate
LoansAndLeasesReceivableConsumerRealEstate
46652000 USD
CY2017Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
97931000 USD
CY2018Q2 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
109339000 USD
CY2017Q2 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
19560886000 USD
CY2018Q2 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
22280683000 USD
CY2017Q4 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
1007695000 USD
CY2017Q4 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
1007700000 USD
CY2018Q2 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
1300000000 USD
CY2018Q2 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
1275466000 USD
CY2017Q4 us-gaap Loans Receivable Commercial And Industrial
LoansReceivableCommercialAndIndustrial
9189811000 USD
CY2018Q2 us-gaap Loans Receivable Commercial And Industrial
LoansReceivableCommercialAndIndustrial
10189832000 USD
CY2017Q4 us-gaap Loans Receivable Commercial Construction
LoansReceivableCommercialConstruction
2166208000 USD
CY2018Q2 us-gaap Loans Receivable Commercial Construction
LoansReceivableCommercialConstruction
2226590000 USD
CY2017Q4 us-gaap Loans Receivable Commercial Real Estate
LoansReceivableCommercialRealEstate
3794577000 USD
CY2018Q2 us-gaap Loans Receivable Commercial Real Estate
LoansReceivableCommercialRealEstate
3868411000 USD
CY2017Q4 us-gaap Loans Receivable Held For Sale Amount
LoansReceivableHeldForSaleAmount
1011004000 USD
CY2018Q2 us-gaap Loans Receivable Held For Sale Amount
LoansReceivableHeldForSaleAmount
1276768000 USD
CY2016Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
968929000 USD
CY2017Q2 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
846017000 USD
CY2017Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
1011004000 USD
CY2018Q2 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
1276768000 USD
us-gaap Loans Receivable Held For Sale Reconciliation To Cash Flow Additions To Held For Sale
LoansReceivableHeldForSaleReconciliationToCashFlowAdditionsToHeldForSale
2843690000 USD
us-gaap Loans Receivable Held For Sale Reconciliation To Cash Flow Additions To Held For Sale
LoansReceivableHeldForSaleReconciliationToCashFlowAdditionsToHeldForSale
3205483000 USD
us-gaap Loans Receivable Held For Sale Reconciliation To Cash Flow Deductions From Held For Sale
LoansReceivableHeldForSaleReconciliationToCashFlowDeductionsFromHeldForSale
2976523000 USD
us-gaap Loans Receivable Held For Sale Reconciliation To Cash Flow Deductions From Held For Sale
LoansReceivableHeldForSaleReconciliationToCashFlowDeductionsFromHeldForSale
2942872000 USD
us-gaap Loss Contingency Accrual Payments
LossContingencyAccrualPayments
148000 USD
CY2017Q2 us-gaap Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
1300000 USD
CY2018Q2 us-gaap Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
1500000 USD
CY2017Q2 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
6157000 USD
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
11107000 USD
CY2018Q2 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
10236000 USD
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
18913000 USD
us-gaap Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
7000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1321959000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2560967000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
71436000 USD
us-gaap Net Income Loss
NetIncomeLoss
143381000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2081843000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1834865000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
190167000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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1481000 USD
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182212000 USD
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OtherRealEstate
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OtherRealEstate
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OtherRealEstate
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CY2017Q4 us-gaap Participating Mortgage Loans Mortgage Obligations Amount
ParticipatingMortgageLoansMortgageObligationsAmount
171200000 USD
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ParticipatingMortgageLoansMortgageObligationsAmount
242700000 USD
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
1297460000 USD
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
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us-gaap Payments For Proceeds From Mortgage Servicing Rights
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0 USD
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PaymentsOfStockIssuanceCosts
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us-gaap Payments To Purchase Loans Held For Sale
PaymentsToPurchaseLoansHeldForSale
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us-gaap Payments To Purchase Loans Held For Sale
PaymentsToPurchaseLoansHeldForSale
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CY2017Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
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us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
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CY2018Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
2437000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
4875000 USD
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2018Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
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CY2018Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
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PreferredStockSharesIssued
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CY2018Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
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PreferredStockValue
150000000 USD
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PreferredStockValue
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us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
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700000000 USD
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1200000000 USD
us-gaap Proceeds From Sale Of Foreclosed Assets
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272000 USD
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ProfessionalFees
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us-gaap Professional Fees
ProfessionalFees
19184000 USD
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PropertyPlantAndEquipmentNet
25176000 USD
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PropertyPlantAndEquipmentNet
26175000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
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ProvisionForLoanAndLeaseLosses
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ProvisionForLoanLeaseAndOtherLosses
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22000000 USD
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ProvisionForLoanLeaseAndOtherLosses
27000000 USD
us-gaap Real Estate Owned Valuation Allowance Provision1
RealEstateOwnedValuationAllowanceProvision1
2000000 USD
CY2018Q2 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
108000 USD
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RealizedInvestmentGainsLosses
-104000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1090500000 USD
CY2018Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1228924000 USD
CY2017Q4 us-gaap Senior Notes
SeniorNotes
281406000 USD
CY2018Q2 us-gaap Senior Notes
SeniorNotes
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CY2017Q2 us-gaap Servicing Asset At Amortized Value Fair Value
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CY2018Q2 us-gaap Servicing Asset At Amortized Value Fair Value
ServicingAssetAtAmortizedValueFairValue
82776000 USD
CY2017Q4 us-gaap Servicing Asset At Fair Value Amount
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ServicingAssetAtFairValueAmount
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us-gaap Provision For Loan Lease And Other Losses
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39000000 USD
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ProvisionForOtherCreditLosses
0 USD
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ProvisionForOtherCreditLosses
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RealEstateOwnedValuationAllowance
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RealEstateOwnedValuationAllowance
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CY2017Q2 us-gaap Real Estate Owned Valuation Allowance Provision1
RealEstateOwnedValuationAllowanceProvision1
0 USD
us-gaap Real Estate Owned Valuation Allowance Provision1
RealEstateOwnedValuationAllowanceProvision1
0 USD
CY2018Q2 us-gaap Real Estate Owned Valuation Allowance Provision1
RealEstateOwnedValuationAllowanceProvision1
0 USD
us-gaap Share Based Compensation
ShareBasedCompensation
8954000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
11197000 USD
us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
0 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1207000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
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CY2017Q4 us-gaap Stockholders Equity
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CY2018Q2 us-gaap Stockholders Equity
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CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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2009557000 USD
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2100553000 USD
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2202721000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2017Q4 us-gaap Subordinated Debt
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SubordinatedDebt
113406000 USD
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TierOneLeverageCapital
2293016000 USD
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TierOneLeverageCapital
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CY2017Q4 us-gaap Tier One Leverage Capital To Average Assets
TierOneLeverageCapitalToAverageAssets
0.0915
CY2018Q2 us-gaap Tier One Leverage Capital To Average Assets
TierOneLeverageCapitalToAverageAssets
0.0989
CY2017Q4 us-gaap Tier One Risk Based Capital
TierOneRiskBasedCapital
2293016000 USD
CY2018Q2 us-gaap Tier One Risk Based Capital
TierOneRiskBasedCapital
2431650000 USD
CY2017Q4 us-gaap Tier One Risk Based Capital To Risk Weighted Assets
TierOneRiskBasedCapitalToRiskWeightedAssets
0.0952
CY2018Q2 us-gaap Tier One Risk Based Capital To Risk Weighted Assets
TierOneRiskBasedCapitalToRiskWeightedAssets
0.0931
us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
0 USD
us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
0 USD
CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
417 shares
CY2018Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
417 shares
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
8000 USD
CY2018Q2 us-gaap Treasury Stock Value
TreasuryStockValue
8000 USD
CY2018Q2 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-54000 USD
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-266000 USD
us-gaap Valuation Allowances And Reserves Recoveries
ValuationAllowancesAndReservesRecoveries
3645000 USD
us-gaap Valuation Allowances And Reserves Recoveries
ValuationAllowancesAndReservesRecoveries
800000 USD
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50229670 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50233111 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50096015 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50144952 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49576837 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49556393 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49736384 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49695783 shares
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements. Actual results could differ from those estimates. The allowance for loan losses, the fair value of stock-based compensation awards, the fair value of mortgage servicing rights ("MSRs") and the status of contingencies are particularly susceptible to significant change.</font></div></div>

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