2016 Q1 Form 10-Q Financial Statement

#000121254516000371 Filed on May 02, 2016

View on sec.gov

Income Statement

Concept 2016 Q1 2015 Q1
Revenue $154.3M $111.0M
YoY Change 39.02% 12.42%
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 $2.600M $2.100M
YoY Change 23.81% 40.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $8.545M $7.854M
YoY Change 8.8% -0.88%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $80.85M $54.62M
YoY Change 48.03% 28.93%
Income Tax $19.52M $14.23M
% Of Pretax Income 24.14% 26.06%
Net Earnings $61.33M $40.38M
YoY Change 51.88% 29.91%
Net Earnings / Revenue 39.76% 36.39%
Basic Earnings Per Share $0.60 $0.46
Diluted Earnings Per Share $0.60 $0.45
COMMON SHARES
Basic Shares Outstanding 101.9M shares 87.94M shares
Diluted Shares Outstanding 102.5M shares 88.45M shares

Balance Sheet

Concept 2016 Q1 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $1.031B $492.4M
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 $119.8M $114.3M
YoY Change 4.81% 7.21%
Goodwill $288.9M $23.22M
YoY Change 1144.16% 0.0%
Intangibles $15.02M $2.408M
YoY Change 523.71% -32.23%
Long-Term Investments
YoY Change
Other Assets $74.00M $59.00M
YoY Change 25.42%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $15.25B $11.25B
YoY Change 35.51% 15.44%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $200.0K $75.23M
YoY Change -99.73% 22.67%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $36.00M $106.0M
YoY Change -66.04% -29.33%
LONG-TERM LIABILITIES
Long-Term Debt $210.0M $200.0M
YoY Change 5.0% -28.95%
Other Long-Term Liabilities $259.0M $175.0M
YoY Change 48.0%
Total Long-Term Liabilities $469.0M $200.0M
YoY Change 134.5% -28.95%
TOTAL LIABILITIES
Total Short-Term Liabilities $36.00M $106.0M
Total Long-Term Liabilities $469.0M $200.0M
Total Liabilities $13.59B $10.20B
YoY Change 33.21% 15.24%
SHAREHOLDERS EQUITY
Retained Earnings $324.0M $125.5M
YoY Change 158.21% -513.01%
Common Stock $10.00K $9.000K
YoY Change 11.11% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) -$25.83M
YoY Change
Treasury Stock Shares
Shareholders Equity $1.660B $1.001B
YoY Change
Total Liabilities & Shareholders Equity $15.25B $11.25B
YoY Change 35.51% 15.44%

Cashflow Statement

Concept 2016 Q1 2015 Q1
OPERATING ACTIVITIES
Net Income $61.33M $40.38M
YoY Change 51.88% 29.91%
Depreciation, Depletion And Amortization $2.600M $2.100M
YoY Change 23.81% 40.0%
Cash From Operating Activities $71.32M $72.59M
YoY Change -1.75% 81.57%
INVESTING ACTIVITIES
Capital Expenditures -$3.100M -$2.200M
YoY Change 40.91% 100.0%
Acquisitions
YoY Change
Other Investing Activities -$152.4M -$344.8M
YoY Change -55.8% 19.81%
Cash From Investing Activities -$155.5M -$347.0M
YoY Change -55.19% 20.11%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $890.5M $602.4M
YoY Change 47.82% 47.17%
NET CHANGE
Cash From Operating Activities $71.32M $72.59M
Cash From Investing Activities -$155.5M -$347.0M
Cash From Financing Activities $890.5M $602.4M
Net Change In Cash $806.3M $328.0M
YoY Change 145.83% 104.48%
FREE CASH FLOW
Cash From Operating Activities $71.32M $72.59M
Capital Expenditures -$3.100M -$2.200M
Free Cash Flow $74.42M $74.79M
YoY Change -0.5% 82.07%

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759000 USD
CY2015Q4 us-gaap Federal Funds Purchased
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0 USD
CY2016Q1 us-gaap Federal Funds Purchased
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200000 USD
CY2015 us-gaap Federal Home Loan Bank Advances Activity For Year Average Interest Rate For Year
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0.0036
CY2015Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due Within One Year Of Balance Sheet Date
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150000000 USD
CY2016Q1 us-gaap Federal Home Loan Bank Advances Maturities Summary Due Within One Year Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueWithinOneYearOfBalanceSheetDate
0 USD
CY2015Q1 us-gaap Fees And Commissions
FeesAndCommissions
2889000 USD
CY2016Q1 us-gaap Fees And Commissions
FeesAndCommissions
4466000 USD
CY2015Q1 us-gaap Fees And Commissions Credit And Debit Cards
FeesAndCommissionsCreditAndDebitCards
813000 USD
CY2016Q1 us-gaap Fees And Commissions Credit And Debit Cards
FeesAndCommissionsCreditAndDebitCards
1013000 USD
CY2014Q4 us-gaap Financing Receivable Allowance For Credit Losses
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CY2015Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
112098000 USD
CY2015Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
119068000 USD
CY2016Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
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CY2015Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
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114374000 USD
CY2016Q1 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
116287000 USD
CY2015Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
4658000 USD
CY2016Q1 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
2630000 USD
CY2015Q1 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
2029000 USD
CY2016Q1 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
5660000 USD
CY2015Q1 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
847000 USD
CY2016Q1 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
8001000 USD
CY2015Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
10901140000 USD
CY2016Q1 us-gaap Financing Receivable Collectively Evaluated For Impairment
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11036689000 USD
CY2015Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
128874000 USD
CY2016Q1 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
107067000 USD
CY2015Q1 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
1
CY2016Q1 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
1
CY2015Q1 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
137000 USD
CY2016Q1 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
5381000 USD
CY2015Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
3028000 USD
CY2016Q1 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
4488000 USD
CY2015Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
11046589000 USD
CY2016Q1 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
11194054000 USD
CY2015Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
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48381000 USD
CY2016Q1 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
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33802000 USD
CY2015Q4 us-gaap Financing Receivable Recorded Investment Past Due
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CY2016Q1 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
23806000 USD
CY2015Q1 us-gaap Financing Receivable Significant Sales
FinancingReceivableSignificantSales
10000000 USD
CY2016Q1 us-gaap Financing Receivable Significant Sales
FinancingReceivableSignificantSales
23800000 USD
CY2014Q4 us-gaap Foreclosed Assets
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57150000 USD
CY2015Q1 us-gaap Foreclosed Assets
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63759000 USD
CY2015Q4 us-gaap Foreclosed Assets
ForeclosedAssets
43942000 USD
CY2016Q1 us-gaap Foreclosed Assets
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52776000 USD
CY2015Q1 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
22000 USD
CY2016Q1 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-35000 USD
CY2015Q1 us-gaap Gain Loss On Sale Of Investments
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589000 USD
CY2016Q1 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
1001000 USD
CY2015Q1 us-gaap Gain Loss On Sale Of Securities Net
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589000 USD
CY2016Q1 us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
1001000 USD
CY2015Q1 us-gaap Gain Loss On Sales Of Loans Net
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201000 USD
CY2016Q1 us-gaap Gain Loss On Sales Of Loans Net
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2671000 USD
CY2015Q1 us-gaap Gain On Sale Of Investments
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1048000 USD
CY2016Q1 us-gaap Gain On Sale Of Investments
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2057000 USD
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1115000 USD
CY2016Q1 us-gaap Gains Losses On Sales Of Other Real Estate
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160000 USD
CY2015Q1 us-gaap General Insurance Expense
GeneralInsuranceExpense
2090000 USD
CY2016Q1 us-gaap General Insurance Expense
GeneralInsuranceExpense
3323000 USD
CY2015Q4 us-gaap Goodwill
Goodwill
289638000 USD
CY2016Q1 us-gaap Goodwill
Goodwill
288943000 USD
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0 USD
CY2016Q1 us-gaap Held To Maturity Securities
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21514000 USD
CY2016Q1 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
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510000 USD
CY2016Q1 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
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0 USD
CY2016Q1 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Fair Value
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22024000 USD
CY2016Q1 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Net Carrying Amount
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21514000 USD
CY2016Q1 us-gaap Held To Maturity Securities Fair Value
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22024000 USD
CY2015Q1 us-gaap Impaired Financing Receivable Average Recorded Investment
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162109000 USD
CY2016Q1 us-gaap Impaired Financing Receivable Average Recorded Investment
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122545000 USD
CY2015Q1 us-gaap Impaired Financing Receivable Interest Income Accrual Method
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1182000 USD
CY2016Q1 us-gaap Impaired Financing Receivable Interest Income Accrual Method
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1113000 USD
CY2015Q1 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
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653000 USD
CY2016Q1 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
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172000 USD
CY2015Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
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CY2016Q1 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
107067000 USD
CY2015Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
4658000 USD
CY2016Q1 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
2630000 USD
CY2015Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
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104587000 USD
CY2016Q1 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
97491000 USD
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333268000 USD
CY2016Q1 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
334314000 USD
CY2015Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
24287000 USD
CY2016Q1 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
9576000 USD
CY2015Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
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25345000 USD
CY2016Q1 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
9883000 USD
CY2015Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
54617000 USD
CY2016Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
80851000 USD
CY2015Q1 us-gaap Income Tax Expense Benefit
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CY2016Q1 us-gaap Income Tax Expense Benefit
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1657000 USD
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CY2015Q1 us-gaap Increase Decrease In Deposits
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731374000 USD
CY2016Q1 us-gaap Increase Decrease In Deposits
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CY2015Q1 us-gaap Increase Decrease In Other Operating Assets
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CY2016Q1 us-gaap Increase Decrease In Other Operating Assets
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CY2015Q1 us-gaap Increase Decrease In Other Operating Liabilities
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18564000 USD
CY2016Q1 us-gaap Increase Decrease In Other Operating Liabilities
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CY2015Q1 us-gaap Information Technology And Data Processing
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3126000 USD
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InformationTechnologyAndDataProcessing
4561000 USD
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CY2016Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
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CY2015Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
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CY2016Q1 us-gaap Intangible Assets Net Including Goodwill
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304000000 USD
CY2015Q1 us-gaap Interest And Dividend Income Operating
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154256000 USD
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CY2016Q1 us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
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CY2015Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
100391000 USD
CY2016Q1 us-gaap Interest And Fee Income Loans And Leases
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CY2016Q1 us-gaap Interest Bearing Deposit Liabilities
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90931000 USD
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CY2015Q1 us-gaap Interest Expense
InterestExpense
7854000 USD
CY2016Q1 us-gaap Interest Expense
InterestExpense
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2244000 USD
CY2016Q1 us-gaap Interest Expense Borrowings
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102000 USD
CY2015Q1 us-gaap Interest Expense Debt
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441000 USD
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5146000 USD
CY2016Q1 us-gaap Interest Expense Deposits
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CY2015Q1 us-gaap Interest Expense Junior Subordinated Debentures
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441000 USD
CY2016Q1 us-gaap Interest Expense Junior Subordinated Debentures
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2184000 USD
CY2015Q1 us-gaap Interest Expense Securities Sold Under Agreements To Repurchase
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23000 USD
CY2016Q1 us-gaap Interest Expense Securities Sold Under Agreements To Repurchase
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16000 USD
CY2015Q1 us-gaap Interest Income Expense After Provision For Loan Loss
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102408000 USD
CY2016Q1 us-gaap Interest Income Expense After Provision For Loan Loss
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CY2016Q1 us-gaap Interest Income Expense Net
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145711000 USD
CY2015Q1 us-gaap Interest Income Securities Taxable
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8513000 USD
CY2016Q1 us-gaap Interest Income Securities Taxable
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12026000 USD
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CY2016Q1 us-gaap Interest Paid
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CY2016Q1 us-gaap Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust
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57200000 USD
CY2015Q1 us-gaap Labor And Related Expense
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32541000 USD
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44855000 USD
CY2015Q4 us-gaap Liabilities
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CY2016Q1 us-gaap Liabilities
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CY2015Q4 us-gaap Liabilities And Stockholders Equity
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14275089000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
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CY2016Q1 us-gaap Liabilities And Stockholders Equity
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15248039000 USD
CY2016Q1 us-gaap Line Of Credit Facility Expiration Period
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P1Y
CY2015Q4 us-gaap Lines Of Credit Current
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0 USD
CY2015Q4 us-gaap Loans And Leases Receivable Allowance
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CY2016Q1 us-gaap Loans And Leases Receivable Allowance
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119227000 USD
CY2015Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
19200000 USD
CY2016Q1 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
19800000 USD
CY2015Q1 us-gaap Loans And Leases Receivable Gain Loss On Sales Net
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200000 USD
CY2016Q1 us-gaap Loans And Leases Receivable Gain Loss On Sales Net
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2500000 USD
CY2015Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
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11112854000 USD
CY2016Q1 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
11217860000 USD
CY2015Q1 us-gaap Loans And Leases Receivable Impaired Interest Lost On Nonaccrual Loans
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700000 USD
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400000 USD
CY2015Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
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11112854000 USD
CY2016Q1 us-gaap Loans And Leases Receivable Net Of Deferred Income
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11217860000 USD
CY2015Q4 us-gaap Loans And Leases Receivable Net Reported Amount
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10993786000 USD
CY2016Q1 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
11098633000 USD
CY2015Q1 us-gaap Loss On Sale Of Investments
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459000 USD
CY2016Q1 us-gaap Loss On Sale Of Investments
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1056000 USD
CY2015Q1 us-gaap Marketing Expense
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377000 USD
CY2016Q1 us-gaap Marketing Expense
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657000 USD
CY2015Q4 us-gaap Money Market Funds At Carrying Value
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122000 USD
CY2016Q1 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
5920000 USD
CY2015Q1 us-gaap Mortgage Loans On Real Estate Foreclosures
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7720000 USD
CY2016Q1 us-gaap Mortgage Loans On Real Estate Foreclosures
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10638000 USD
CY2015Q1 us-gaap Net Cash Provided By Used In Financing Activities
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CY2016Q1 us-gaap Net Cash Provided By Used In Financing Activities
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CY2015Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2016Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2015Q1 us-gaap Net Cash Provided By Used In Operating Activities
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72587000 USD
CY2016Q1 us-gaap Net Cash Provided By Used In Operating Activities
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71315000 USD
CY2015Q1 us-gaap Net Income Loss
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40383000 USD
CY2016Q1 us-gaap Net Income Loss
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61332000 USD
CY2015Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
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40207000 USD
CY2016Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
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61332000 USD
CY2015Q4 us-gaap Noninterest Bearing Deposit Liabilities
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CY2016Q1 us-gaap Noninterest Bearing Deposit Liabilities
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4635172000 USD
CY2015Q1 us-gaap Noninterest Expense
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54033000 USD
CY2016Q1 us-gaap Noninterest Expense
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75493000 USD
CY2015Q1 us-gaap Noninterest Income
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6242000 USD
CY2016Q1 us-gaap Noninterest Income
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13133000 USD
CY2015Q1 us-gaap Noninterest Income Other Operating Income
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773000 USD
CY2016Q1 us-gaap Noninterest Income Other Operating Income
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1782000 USD
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11112854000 USD
CY2016Q1 us-gaap Notes Receivable Net
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11217860000 USD
CY2015Q1 us-gaap Number Of Real Estate Properties
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68 Property
CY2015Q4 us-gaap Number Of Real Estate Properties
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39 Property
CY2016Q1 us-gaap Number Of Real Estate Properties
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37 Property
CY2015Q1 us-gaap Occupancy Net
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4813000 USD
CY2016Q1 us-gaap Occupancy Net
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6257000 USD
CY2015Q1 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
1600000 USD
CY2016Q1 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
2500000 USD
CY2015Q4 us-gaap Operating Loss Carryforwards Valuation Allowance
OperatingLossCarryforwardsValuationAllowance
0 USD
CY2016Q1 us-gaap Operating Loss Carryforwards Valuation Allowance
OperatingLossCarryforwardsValuationAllowance
0 USD
CY2015Q4 us-gaap Other Assets
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CY2016Q1 us-gaap Other Assets
OtherAssets
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CY2015Q4 us-gaap Other Borrowings
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150000000 USD
CY2016Q1 us-gaap Other Borrowings
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200000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
-17749000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
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3922000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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6959000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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11784000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
6590000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
11073000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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0 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-6000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
0 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-52000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
369000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
711000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
283000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
230000 USD
CY2015Q1 us-gaap Other Comprehensive Income Reclassification Adjustment For Held To Maturity Transferred To Available For Sale Securities Tax
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ValuationAdjustmentsOfOtherRepossessedAssetsValuationAllowance
-786000 USD
CY2016Q1 wal Valuation Adjustments Of Other Repossessed Assets Valuation Allowance
ValuationAdjustmentsOfOtherRepossessedAssetsValuationAllowance
177000 USD
CY2016Q1 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain amounts in the Consolidated Financial Statements as of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2015</font><font style="font-family:inherit;font-size:10pt;"> and for the </font><font style="font-family:inherit;font-size:10pt;">three months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2015</font><font style="font-family:inherit;font-size:10pt;"> have been reclassified to conform to the current presentation. The reclassifications have no effect on net income or stockholders&#8217; equity as previously reported.</font></div></div>
CY2016Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:left;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:12px;text-align:left;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 disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Management evaluates these estimates and judgments on an ongoing basis and bases its estimates on experience, current and expected future conditions, third-party evaluations and various other assumptions that management believes are reasonable under the circumstances. The results of these estimates form the basis for making judgments about the carrying values of assets and liabilities as well as identifying and assessing the accounting treatment with respect to commitments and contingencies. Actual results may differ from those estimates and assumptions used in the Unaudited Consolidated Financial Statements and related notes. Material estimates that are particularly susceptible to significant changes in the near term relate to the determination of the allowance for credit losses; estimated cash flows related to PCI loans; fair value determinations related to acquisitions and other assets and liabilities carried at fair value; and accounting for income taxes. </font></div></div>

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