2018 Q1 Form 10-Q Financial Statement

#000071431018000143 Filed on May 09, 2018

View on sec.gov

Income Statement

Concept 2018 Q1 2017 Q1
Revenue $267.5M $198.5M
YoY Change 34.79% 6.93%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development $3.594M $2.659M
YoY Change 35.16% 11.44%
% of Gross Profit
Depreciation & Amortization $11.50M $8.800M
YoY Change 30.68% -4.35%
% of Gross Profit
Operating Expenses $3.594M $2.659M
YoY Change 35.16% 11.44%
Operating Profit
YoY Change
Interest Expense $59.90M $36.59M
YoY Change 63.71% -2.29%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $55.15M $64.17M
YoY Change -14.05% 26.87%
Income Tax $13.18M $18.07M
% Of Pretax Income 23.91% 28.16%
Net Earnings $41.97M $46.10M
YoY Change -8.96% 27.38%
Net Earnings / Revenue 15.69% 23.23%
Basic Earnings Per Share $0.12 $0.17
Diluted Earnings Per Share $0.12 $0.17
COMMON SHARES
Basic Shares Outstanding 330.7M shares 263.8M shares
Diluted Shares Outstanding 332.5M shares 264.5M shares

Balance Sheet

Concept 2018 Q1 2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.389B $3.693B
YoY Change 18.83% 4.11%
Cash & Equivalents $496.7M $336.7M
Short-Term Investments $3.892B $3.357B
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $346.7M $289.4M
YoY Change 19.79% -3.55%
Goodwill $1.079B $690.6M
YoY Change 56.22% 0.15%
Intangibles $86.49M $44.96M
YoY Change 92.37% -2.59%
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 $29.46B $23.22B
YoY Change 26.89% 6.87%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $232.0M $170.0M
YoY Change 36.47% -25.11%
Deferred Revenue
YoY Change
Short-Term Debt $1.618B $1.645B
YoY Change -1.61% 40.52%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $232.0M $170.0M
YoY Change 36.47% -25.11%
LONG-TERM LIABILITIES
Long-Term Debt $2.409B $1.676B
YoY Change 43.74% -1.53%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $2.409B $1.676B
YoY Change 43.74% -1.53%
TOTAL LIABILITIES
Total Short-Term Liabilities $232.0M $170.0M
Total Long-Term Liabilities $2.409B $1.676B
Total Liabilities $26.22B $20.82B
YoY Change 25.92% 6.74%
SHAREHOLDERS EQUITY
Retained Earnings $199.6M $188.1M
YoY Change 6.1% 43.04%
Common Stock $2.900B $2.140B
YoY Change 35.53% 5.95%
Preferred Stock
YoY Change
Treasury Stock (at cost) $158.0K $1.779M
YoY Change -91.12% 386.07%
Treasury Stock Shares 12.68K shares 148.5K shares
Shareholders Equity $3.245B $2.399B
YoY Change
Total Liabilities & Shareholders Equity $29.46B $23.22B
YoY Change 26.89% 6.87%

Cashflow Statement

Concept 2018 Q1 2017 Q1
OPERATING ACTIVITIES
Net Income $41.97M $46.10M
YoY Change -8.96% 27.38%
Depreciation, Depletion And Amortization $11.50M $8.800M
YoY Change 30.68% -4.35%
Cash From Operating Activities $85.88M $65.51M
YoY Change 31.1% 19.69%
INVESTING ACTIVITIES
Capital Expenditures $4.260M $5.627M
YoY Change -24.29% -25.75%
Acquisitions
YoY Change
Other Investing Activities -$380.1M -$448.4M
YoY Change -15.23% 811.38%
Cash From Investing Activities -$384.3M -$454.0M
YoY Change -15.35% 700.29%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$438.0K $905.0K
YoY Change -148.4% -201.0%
Debt Paid & Issued, Net $50.00M $0.00
YoY Change -100.0%
Cash From Financing Activities $379.0M $332.7M
YoY Change 13.91% 414.33%
NET CHANGE
Cash From Operating Activities $85.88M $65.51M
Cash From Investing Activities -$384.3M -$454.0M
Cash From Financing Activities $379.0M $332.7M
Net Change In Cash $80.55M -$55.78M
YoY Change -244.42% -188.97%
FREE CASH FLOW
Cash From Operating Activities $85.88M $65.51M
Capital Expenditures $4.260M $5.627M
Free Cash Flow $81.62M $59.88M
YoY Change 36.31% 26.99%

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CY2017Q1 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
10510000 USD
CY2018Q1 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
4662000 USD
CY2017Q1 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
11640000 USD
CY2018Q1 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
4811000 USD
CY2017Q1 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
4 contract
CY2018Q1 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
1 contract
CY2017Q1 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
3128000 USD
CY2018Q1 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
165000 USD
CY2017Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
47225000 USD
CY2018Q1 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
60321000 USD
CY2017Q1 us-gaap Financing Receivables Impaired Troubled Debt Restructuring Write Down
FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown
0 USD
CY2018Q1 us-gaap Financing Receivables Impaired Troubled Debt Restructuring Write Down
FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown
0 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
83643000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
80563000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
126621000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
167294000 USD
CY2017Q1 us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
-23000 USD
CY2018Q1 us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
-765000 USD
CY2017Q1 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
4128000 USD
CY2018Q1 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
6753000 USD
CY2017Q1 us-gaap Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
-34000 USD
CY2018Q1 us-gaap Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
-97000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
690637000 USD
CY2018Q1 us-gaap Goodwill
Goodwill
1078892000 USD
CY2018Q1 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
388255000 USD
CY2017Q1 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2018Q1 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2017Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
1842691000 USD
CY2018Q1 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
2048583000 USD
CY2017Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
25419000 USD
CY2018Q1 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
16900000 USD
CY2017Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
30490000 USD
CY2018Q1 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
50529000 USD
CY2017Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
27788000 USD
CY2018Q1 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
35834000 USD
CY2017Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue
1028420000 USD
CY2018Q1 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue
1295278000 USD
CY2017Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
2702000 USD
CY2018Q1 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
14695000 USD
CY2017Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
365182000 USD
CY2018Q1 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
670249000 USD
CY2017Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
663238000 USD
CY2018Q1 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
625029000 USD
CY2018Q1 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
330712000 USD
CY2018Q1 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount
322027000 USD
CY2018Q1 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
224495000 USD
CY2018Q1 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount
220797000 USD
CY2018Q1 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue
278742000 USD
CY2018Q1 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount
291135000 USD
CY2018Q1 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
29938000 USD
CY2018Q1 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
29867000 USD
CY2018Q1 us-gaap Held To Maturity Securities Debt Maturities Without Single Maturity Date Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue
1151067000 USD
CY2018Q1 us-gaap Held To Maturity Securities Debt Maturities Without Single Maturity Date Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount
1184757000 USD
CY2017Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
1837620000 USD
CY2018Q1 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
2014954000 USD
CY2017Q4 us-gaap Held To Maturity Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions
HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions
152 Security
CY2018Q1 us-gaap Held To Maturity Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions
HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions
345 Security
CY2018Q1 us-gaap Held To Maturity Securities Pledged As Collateral
HeldToMaturitySecuritiesPledgedAsCollateral
1100000000 USD
CY2017Q1 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
113768000 USD
CY2018Q1 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
163903000 USD
CY2017Q1 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
899000 USD
CY2018Q1 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
1551000 USD
CY2017Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
164166000 USD
CY2018Q1 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
162533000 USD
CY2017Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
14561000 USD
CY2018Q1 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
25101000 USD
CY2017Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
175198000 USD
CY2018Q1 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
173398000 USD
CY2017Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
49309000 USD
CY2018Q1 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
45352000 USD
CY2017Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
114857000 USD
CY2018Q1 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
117181000 USD
CY2017Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
64166000 USD
CY2018Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
55149000 USD
CY2017Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
18071000 USD
CY2018Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13184000 USD
CY2017Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
1599000 USD
CY2018Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
8843000 USD
CY2017Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
1429000 USD
CY2018Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
691000 USD
CY2017Q1 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
-399567000 USD
CY2018Q1 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
241541000 USD
CY2017Q1 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
-35145000 USD
CY2018Q1 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
-15295000 USD
CY2017Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
7103000 USD
CY2018Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-19480000 USD
CY2017Q1 us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
5061000 USD
CY2018Q1 us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
3821000 USD
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
42507000 USD
CY2018Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
86487000 USD
CY2017Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
198455000 USD
CY2018Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
267495000 USD
CY2017Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
174353000 USD
CY2018Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
237586000 USD
CY2017Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
172800000 USD
CY2018Q1 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
274349000 USD
CY2017Q1 us-gaap Interest Expense
InterestExpense
36587000 USD
CY2018Q1 us-gaap Interest Expense
InterestExpense
59897000 USD
CY2017Q1 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
12950000 USD
CY2018Q1 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
17232000 USD
CY2017Q1 us-gaap Interest Expense Now Accounts Money Market Accounts And Savings Deposits
InterestExpenseNOWAccountsMoneyMarketAccountsAndSavingsDeposits
10183000 USD
CY2018Q1 us-gaap Interest Expense Now Accounts Money Market Accounts And Savings Deposits
InterestExpenseNOWAccountsMoneyMarketAccountsAndSavingsDeposits
22317000 USD
CY2017Q1 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
3901000 USD
CY2018Q1 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
5732000 USD
CY2017Q1 us-gaap Interest Expense Time Deposits
InterestExpenseTimeDeposits
9553000 USD
CY2018Q1 us-gaap Interest Expense Time Deposits
InterestExpenseTimeDeposits
14616000 USD
CY2017Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
159398000 USD
CY2018Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
196650000 USD
CY2017Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
161868000 USD
CY2018Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
207598000 USD
CY2017Q1 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
4031000 USD
CY2018Q1 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
5721000 USD
CY2017Q1 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
17589000 USD
CY2018Q1 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
21323000 USD
CY2017Q1 us-gaap Interest Paid
InterestPaid
56735000 USD
CY2018Q1 us-gaap Interest Paid
InterestPaid
58881000 USD
CY2017Q4 us-gaap Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust
JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust
41774000 USD
CY2018Q1 us-gaap Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust
JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust
55109000 USD
CY2017Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
65927000 USD
CY2018Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
93292000 USD
CY2018Q1 us-gaap Legal Fees
LegalFees
10500000 USD
CY2017Q4 us-gaap Liabilities
Liabilities
21469141000 USD
CY2018Q1 us-gaap Liabilities
Liabilities
26219354000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
24002306000 USD
CY2018Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
29464357000 USD
CY2017Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
22200000 USD
CY2018Q1 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
22000000 USD
CY2017Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
18331580000 USD
CY2018Q1 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
22552767000 USD
CY2017Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
18210724000 USD
CY2018Q1 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
22419905000 USD
CY2017Q4 us-gaap Long Term Debt
LongTermDebt
2315819000 USD
CY2018Q1 us-gaap Long Term Debt
LongTermDebt
2353548000 USD
CY2017Q4 us-gaap Marketable Securities
MarketableSecurities
3336596000 USD
CY2018Q1 us-gaap Marketable Securities
MarketableSecurities
3892097000 USD
CY2018Q1 us-gaap Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
-227000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
332723000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
379005000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-454007000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-384338000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
65509000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
85883000 USD
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
46095000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
41965000 USD
CY2017Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
44298000 USD
CY2018Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
38793000 USD
CY2017Q1 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
0 USD
CY2018Q1 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
62066000 USD
CY2017Q1 us-gaap Noncash Or Part Noncash Acquisition Intangible Assets Acquired1
NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1
0 USD
CY2018Q1 us-gaap Noncash Or Part Noncash Acquisition Intangible Assets Acquired1
NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1
45906000 USD
CY2017Q1 us-gaap Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
0 USD
CY2018Q1 us-gaap Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
580618000 USD
CY2017Q1 us-gaap Noncash Or Part Noncash Acquisition Other Assets Acquired1
NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1
0 USD
CY2018Q1 us-gaap Noncash Or Part Noncash Acquisition Other Assets Acquired1
NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1
98134000 USD
CY2017Q1 us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
0 USD
CY2018Q1 us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
26848000 USD
CY2017Q1 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
0 USD
CY2018Q1 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
4922820000 USD
CY2017Q1 us-gaap Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
0 USD
CY2018Q1 us-gaap Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
4342202000 USD
CY2017Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
5224928000 USD
CY2018Q1 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
6124256000 USD
CY2017Q1 us-gaap Noninterest Expense
NoninterestExpense
120952000 USD
CY2018Q1 us-gaap Noninterest Expense
NoninterestExpense
173752000 USD
CY2017Q1 us-gaap Noninterest Income
NoninterestIncome
25720000 USD
CY2018Q1 us-gaap Noninterest Income
NoninterestIncome
32251000 USD
CY2017Q1 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
4296000 USD
CY2018Q1 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
7973000 USD
CY2017Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
18331580000 USD
CY2018Q1 us-gaap Notes Receivable Gross
NotesReceivableGross
22552578000 USD
CY2018Q1 us-gaap Number Of Credit Risk Derivatives Held
NumberOfCreditRiskDerivativesHeld
11 swap
CY2017Q1 us-gaap Occupancy Net
OccupancyNet
23035000 USD
CY2018Q1 us-gaap Occupancy Net
OccupancyNet
27924000 USD
CY2018Q1 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
-19237000 USD
CY2017Q4 us-gaap Other Assets
OtherAssets
542839000 USD
CY2018Q1 us-gaap Other Assets
OtherAssets
612029000 USD
CY2017Q1 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesBeforeTaxPortionAttributableToParent
217000 USD
CY2018Q1 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesBeforeTaxPortionAttributableToParent
2751000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
1320000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-20381000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
1602000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
2996000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3007000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-17557000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-17557000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-13000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-548000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-1475000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-1036000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-59000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-112000 USD
CY2017Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
127000 USD
CY2018Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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1960000 USD
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0 USD
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0.08
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P6M
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219000 USD
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40900000 USD
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20000000 USD
CY2018Q1 vly Impaired Loans Threshold
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250000 USD
CY2017Q1 vly Income Tax Expense Benefit Reduction From Affordable Housing Tax Credits And Other Tax Credit Investments
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7570000 USD
CY2018Q1 vly Income Tax Expense Benefit Reduction From Affordable Housing Tax Credits And Other Tax Credit Investments
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7306000 USD
CY2017Q1 vly Interest On Federal Funds Sold And Other Short Term Investments
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331000 USD
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CY2017Q1 vly Investment Tax Credit Amortization
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CY2017Q4 vly Loans Held For Sale
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CY2018Q1 vly Loans Held For Sale
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LoansNonCashCf
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CY2017Q1 vly Loss Due To Remeasurement Of Repossessed Asset At Fair Value
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290000 USD
CY2018Q1 vly Loss Due To Remeasurement Of Repossessed Asset At Fair Value
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USD
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CY2018Q1 vly Net Change In Fair Value Of Borrowings Carried At Fair Value
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CY2017Q1 vly Noncash Or Part Noncash Acquisition Goodwill Acquired
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CY2017Q1 vly Noncash Or Part Noncash Acquisition Long Term Borrowing Assumed
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CY2017Q1 vly Professional And Legal Fees
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68000 USD
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246000 USD
CY2017Q1 vly Sales Of Loans Held For Investment
SalesOfLoansHeldForInvestment
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CY2018Q1 vly Sales Of Loans Held For Investment
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CY2017Q4 vly Savings Now And Money Market
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CY2018Q1 vly Savings Now And Money Market
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CY2017Q1 vly Specific Reserves For Loan Losses
SpecificReservesForLoanLosses
2000000 USD
CY2018Q1 vly Specific Reserves For Loan Losses
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CY2017Q1 vly Transfer Of Loans Held For Investment To Other Real Estate
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4813000 USD
CY2018Q1 vly Transfer Of Loans Held For Investment To Other Real Estate
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145000 USD
CY2017Q4 vly Troubled Debt Restructurings Not Reported As Non Accrual Loans
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117200000 USD
CY2018Q1 vly Troubled Debt Restructurings Not Reported As Non Accrual Loans
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116400000 USD
CY2018Q1 vly Weighted Average Remaining Expected Life Of Residential Mortgage Backed Securities Available For Sale
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P8Y8M
CY2018Q1 vly Weighted Average Remaining Expected Life Of Residential Mortgage Backed Securities Held To Maturity
WeightedAverageRemainingExpectedLifeOfResidentialMortgageBackedSecuritiesHeldToMaturity
P8Y7M

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