First Foundation Inc(NYSE:FFWM) 
First Foundation Inc., through its subsidiaries, provides financial services to individuals, businesses, and other organizations in the United States. It operates through two segments, Banking, and Investment Management and Wealth Planning. The company offers a range of bank deposit products, includ...
Website: http://www.firstfoundationinc.com
Founded: 1990
Full Time Employees: 424
Sector: Financial Services
Industry: Banks-Regional
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At a glance:
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Quarterly
Annual
| Unit: USD | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 |
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interest income: | |||||||||||||||||||||||||||||||||||||||||||||||||
loans | 88,746,000 | 93,054,000 | 100,166,000 | 106,500,000 | 115,349,000 | 120,285,000 | 120,244,000 | 118,444,000 | 120,241,000 | 124,363,000 | 123,471,000 | 120,643,000 | 115,041,000 | 100,978,000 | 82,032,000 | 72,027,000 | 58,532,000 | 56,781,000 | 55,979,000 | 53,531,000 | 51,549,000 | 55,231,000 | 55,134,000 | 54,884,000 | 54,123,000 | 56,483,000 | 56,510,000 | 53,835,000 | 50,360,000 | 53,345,000 | 43,535,000 | 38,971,000 | 33,998,000 | 31,236,000 | 29,982,000 | 26,491,000 | 23,718,000 | 22,231,000 | 20,961,000 | 18,170,000 | 16,384,000 | 15,634,000 | 13,362,000 | 12,101,000 | 12,405,000 | 11,404,000 | 10,227,000 | 10,104,000 | |
securities | 23,939,000 | 24,933,000 | 23,646,000 | 21,095,000 | 22,825,000 | 21,375,000 | 17,975,000 | 19,774,000 | 15,649,000 | 10,600,000 | 6,772,000 | 6,891,000 | 6,678,000 | 6,752,000 | 6,621,000 | 5,206,000 | 6,045,000 | 6,107,000 | 6,539,000 | 6,997,000 | 6,165,000 | 3,422,000 | 3,031,000 | 3,121,000 | 815,000 | 392,000 | |||||||||||||||||||||||
fhlb stock, fed funds sold and interest-bearing deposits | 14,700,000 | 16,750,000 | 13,313,000 | 14,147,000 | 14,299,000 | 15,496,000 | 12,695,000 | 12,235,000 | 10,708,000 | 9,802,000 | 15,085,000 | 9,466,000 | 4,298,000 | 1,016,000 | 1,318,000 | 757,000 | 460,000 | 602,000 | 497,000 | 401,000 | 336,000 | 353,000 | 259,000 | 457,000 | 544,000 | 926,000 | 838,000 | ||||||||||||||||||||||
total interest income | 127,385,000 | 134,737,000 | 137,125,000 | 141,742,000 | 152,473,000 | 157,156,000 | 150,914,000 | 150,453,000 | 146,598,000 | 144,765,000 | 145,328,000 | 137,000,000 | 126,017,000 | 108,746,000 | 89,971,000 | 79,144,000 | 64,688,000 | 61,989,000 | 61,403,000 | 59,138,000 | 57,930,000 | 61,691,000 | 61,932,000 | 62,338,000 | 62,294,000 | 62,614,000 | 63,308,000 | 60,544,000 | 57,442,000 | 58,047,000 | 48,498,000 | 43,319,000 | 37,911,000 | 34,878,000 | 33,652,000 | 30,360,000 | 28,367,000 | 26,004,000 | 24,573,000 | 21,698,000 | 19,212,000 | 17,108,000 | 14,993,000 | 13,158,000 | 13,408,000 | 12,384,000 | 10,931,000 | 10,675,000 | |
interest expense: | |||||||||||||||||||||||||||||||||||||||||||||||||
deposits | 71,347,000 | 71,942,000 | 67,318,000 | 73,319,000 | 83,500,000 | 89,135,000 | 91,388,000 | 94,492,000 | 90,874,000 | 84,814,000 | 72,932,000 | 62,140,000 | 36,552,000 | 15,595,000 | 6,340,000 | 3,358,000 | 2,690,000 | 2,753,000 | 3,387,000 | 4,623,000 | 5,884,000 | 7,988,000 | 10,914,000 | 14,646,000 | 15,763,000 | 16,675,000 | 16,296,000 | 15,448,000 | 13,378,000 | 11,442,000 | 8,084,000 | 5,872,000 | 5,340,000 | 4,899,000 | 4,012,000 | 3,192,000 | 2,722,000 | 2,426,000 | 1,973,000 | 1,795,000 | 1,520,000 | 1,328,000 | 1,115,000 | 923,000 | 991,000 | 953,000 | 838,000 | 804,000 | |
borrowings | 14,614,000 | 14,744,000 | 18,020,000 | 14,934,000 | 15,944,000 | 17,182,000 | 13,992,000 | 15,870,000 | 11,511,000 | 6,158,000 | 23,412,000 | 16,105,000 | 14,746,000 | 5,479,000 | 1,826,000 | 1,292,000 | 40,000 | 49,000 | 106,000 | 286,000 | 334,000 | 2,086,000 | 2,571,000 | 2,824,000 | 2,643,000 | 2,807,000 | 5,125,000 | 4,049,000 | 2,699,000 | 2,879,000 | 4,163,000 | 3,179,000 | 1,346,000 | 1,539,000 | 1,745,000 | 1,110,000 | 641,000 | 415,000 | 679,000 | 542,000 | 258,000 | 319,000 | 454,000 | 364,000 | 316,000 | 284,000 | 277,000 | 121,000 | |
subordinated debt | 1,980,000 | 1,973,000 | 1,705,000 | 1,690,000 | 1,719,000 | 1,720,000 | 1,705,000 | 1,705,000 | 1,720,000 | 1,720,000 | |||||||||||||||||||||||||||||||||||||||
total interest expense | 87,941,000 | 88,659,000 | 87,043,000 | 89,943,000 | 101,163,000 | 108,037,000 | 107,085,000 | 112,067,000 | 104,105,000 | 92,692,000 | 96,344,000 | 78,245,000 | 51,298,000 | 21,074,000 | 8,166,000 | 4,650,000 | 2,730,000 | 2,802,000 | 3,493,000 | 4,909,000 | 6,218,000 | 10,074,000 | 13,485,000 | 17,470,000 | 18,406,000 | 19,482,000 | 21,421,000 | 19,497,000 | 16,077,000 | 14,321,000 | 12,247,000 | 9,051,000 | 6,686,000 | 6,438,000 | 5,757,000 | 4,302,000 | 3,363,000 | 2,841,000 | 2,652,000 | 2,337,000 | 1,778,000 | 1,647,000 | 1,569,000 | 1,287,000 | 1,307,000 | 1,237,000 | 1,115,000 | 925,000 | |
net interest income | 39,444,000 | 46,078,000 | 50,082,000 | 51,799,000 | 51,310,000 | 49,119,000 | 43,829,000 | 38,386,000 | 42,493,000 | 52,073,000 | 48,984,000 | 58,755,000 | 74,719,000 | 87,672,000 | 81,805,000 | 74,494,000 | 61,958,000 | 59,187,000 | 57,910,000 | 54,229,000 | 51,712,000 | 51,617,000 | 48,447,000 | 44,868,000 | 43,888,000 | 43,132,000 | 41,887,000 | 41,047,000 | 41,365,000 | 43,726,000 | 36,251,000 | 34,268,000 | 31,225,000 | 28,440,000 | 27,895,000 | 26,058,000 | 25,004,000 | 23,163,000 | 21,921,000 | 19,361,000 | 17,434,000 | 15,461,000 | 13,424,000 | 11,871,000 | 12,101,000 | 11,147,000 | 9,816,000 | 9,750,000 | |
provision for credit losses | 17,707,000 | 65,045,000 | 3,417,000 | 417,000 | 1,173,000 | -22,000 | 173,000 | -792,000 | 3,879,000 | -417,000 | 44,000 | 360,000 | -233,000 | 1,548,000 | 1,367,000 | 4,079,000 | |||||||||||||||||||||||||||||||||
net interest income after provision for credit losses | 45,966,000 | -18,967,000 | 47,716,000 | 48,382,000 | 48,097,000 | 58,338,000 | 73,546,000 | 87,694,000 | 81,632,000 | 75,286,000 | 58,079,000 | 59,604,000 | 57,866,000 | 53,869,000 | 51,945,000 | 50,069,000 | 47,080,000 | 40,789,000 | |||||||||||||||||||||||||||||||
noninterest income: | |||||||||||||||||||||||||||||||||||||||||||||||||
asset management, consulting and other fees | 8,215,000 | 8,638,000 | 8,601,000 | 8,919,000 | 9,270,000 | 9,162,000 | 9,183,000 | 8,614,000 | 8,648,000 | 8,812,000 | 9,016,000 | 8,796,000 | 9,722,000 | 8,975,000 | 9,893,000 | 10,197,000 | 9,612,000 | 9,313,000 | 8,748,000 | 8,349,000 | 7,602,000 | 7,368,000 | 6,733,000 | 7,762,000 | 7,424,000 | 7,304,000 | 7,136,000 | 6,794,000 | 7,251,000 | 7,228,000 | 7,088,000 | 7,181,000 | 7,038,000 | 6,900,000 | 6,557,000 | 6,215,000 | 6,257,000 | 6,141,000 | 5,985,000 | 6,001,000 | 5,844,000 | 5,870,000 | 5,922,000 | 5,850,000 | 4,410,000 | 6,309,000 | 5,202,000 | 5,039,000 | |
gain on sale of loans | 839,000 | -10,405,000 | 4,403,000 | -13,000 | 415,000 | 263,000 | 18,135,000 | 3,324,000 | 15,140,000 | 4,218,000 | 1,364,000 | 545,000 | 2,717,000 | 1,962,000 | 2,050,000 | 300,000 | 574,000 | 7,238,000 | |||||||||||||||||||||||||||||||
gain on sale of securities available-for-sale | 1,228,000 | 4,702,000 | 983,000 | 221,000 | |||||||||||||||||||||||||||||||||||||||||||||
capital market activities | -1,055,000 | 4,698,000 | -289,000 | 2,831,000 | -3,294,000 | -117,517,000 | 836,000 | 836,000 | |||||||||||||||||||||||||||||||||||||||||
gain on sale of reo | 679,000 | 104,000 | |||||||||||||||||||||||||||||||||||||||||||||||
other income | 915,000 | 2,955,000 | 3,431,000 | 3,150,000 | 2,988,000 | 2,788,000 | 2,241,000 | 2,070,000 | 2,924,000 | 2,886,000 | 3,063,000 | 2,902,000 | -2,499,000 | 3,209,000 | 3,507,000 | 5,230,000 | 4,218,000 | 3,232,000 | 1,963,000 | 3,559,000 | 3,760,000 | 1,133,000 | 2,236,000 | 2,913,000 | 2,774,000 | 2,460,000 | 1,995,000 | 1,671,000 | 1,450,000 | 2,512,000 | 1,386,000 | 1,256,000 | 1,621,000 | 1,001,000 | 1,090,000 | 1,164,000 | 743,000 | 707,000 | 1,283,000 | 984,000 | 502,000 | 998,000 | 498,000 | 354,000 | 1,635,000 | 428,000 | 1,214,000 | 512,000 | |
total noninterest income | 8,914,000 | 17,519,000 | 1,338,000 | 19,602,000 | 13,367,000 | -105,580,000 | 13,658,000 | 12,683,000 | 13,876,000 | 11,698,000 | 12,079,000 | 11,698,000 | 7,223,000 | 12,184,000 | 13,400,000 | 15,427,000 | 13,830,000 | 30,680,000 | 14,035,000 | 11,908,000 | 11,362,000 | 23,641,000 | 8,969,000 | 10,675,000 | 10,198,000 | 13,982,000 | 9,131,000 | 8,465,000 | 8,701,000 | 11,104,000 | 6,984,000 | 8,982,000 | 11,376,000 | 9,863,000 | 9,697,000 | 7,783,000 | 7,586,000 | 15,079,000 | 4,910,000 | 6,985,000 | 9,281,000 | 6,868,000 | 6,420,000 | 6,204,000 | 6,045,000 | 6,737,000 | 6,416,000 | 5,551,000 | |
noninterest expense: | |||||||||||||||||||||||||||||||||||||||||||||||||
compensation and benefits | 24,941,000 | 23,713,000 | 22,890,000 | 25,108,000 | 25,406,000 | 20,009,000 | 19,095,000 | 19,407,000 | 18,353,000 | 19,632,000 | 21,026,000 | 25,286,000 | 23,236,000 | 29,531,000 | 27,634,000 | 29,821,000 | 22,938,000 | 23,241,000 | 20,203,000 | 21,526,000 | 17,809,000 | 17,914,000 | 18,288,000 | 19,857,000 | 16,531,000 | 17,167,000 | 17,333,000 | 18,902,000 | 16,117,000 | 17,577,000 | 16,645,000 | 17,169,000 | 13,703,000 | 14,117,000 | 13,983,000 | 14,755,000 | 11,867,000 | 12,059,000 | 11,924,000 | 12,724,000 | 11,016,000 | 10,870,000 | 9,390,000 | 9,180,000 | 8,272,000 | 8,764,000 | 8,034,000 | 8,480,000 | |
occupancy and depreciation | 8,978,000 | 8,939,000 | 8,333,000 | 8,445,000 | 10,376,000 | 9,013,000 | 9,026,000 | 9,087,000 | 9,478,000 | 9,253,000 | 9,181,000 | 8,897,000 | 9,261,000 | 9,594,000 | 8,814,000 | 8,567,000 | 6,680,000 | 6,427,000 | 5,710,000 | 6,160,000 | 6,473,000 | 6,052,000 | 5,855,000 | 5,512,000 | 5,420,000 | 5,450,000 | 5,167,000 | 4,868,000 | 5,255,000 | 5,590,000 | 4,763,000 | 4,171,000 | 4,302,000 | 3,801,000 | 3,879,000 | 3,414,000 | 3,195,000 | 3,072,000 | 2,896,000 | 2,815,000 | 2,774,000 | 2,561,000 | 1,968,000 | 1,957,000 | 1,826,000 | 1,867,000 | 1,804,000 | 1,828,000 | |
professional services and marketing costs | 13,204,000 | 6,838,000 | 7,238,000 | 5,907,000 | 5,845,000 | 5,095,000 | 3,667,000 | 3,390,000 | 3,499,000 | 3,748,000 | 3,642,000 | 4,295,000 | 4,174,000 | 3,039,000 | 3,030,000 | 3,417,000 | 3,495,000 | 2,700,000 | 3,907,000 | 2,122,000 | 2,165,000 | 2,077,000 | 2,049,000 | 1,754,000 | 1,644,000 | 1,745,000 | 2,024,000 | 2,004,000 | 2,003,000 | 2,271,000 | 1,820,000 | 2,489,000 | 2,572,000 | 1,479,000 | 207,000 | 3,429,000 | 2,017,000 | 3,525,000 | 2,560,000 | 1,723,000 | 1,439,000 | 1,481,000 | 1,512,000 | 1,058,000 | 1,455,000 | 1,192,000 | 2,099,000 | 1,249,000 | |
customer service costs | 7,008,000 | 9,068,000 | 12,983,000 | 15,051,000 | 17,790,000 | 18,954,000 | 16,104,000 | 10,738,000 | 16,404,000 | 24,683,000 | 19,004,000 | 16,715,000 | 18,219,000 | 13,560,000 | 4,611,000 | 1,788,000 | 2,140,000 | 2,512,000 | 2,353,000 | 1,770,000 | 1,728,000 | 1,723,000 | 1,622,000 | 2,372,000 | 4,266,000 | 5,920,000 | 4,283,000 | 3,389,000 | 3,628,000 | 4,854,000 | 3,824,000 | 2,771,000 | |||||||||||||||||
other expenses | 8,757,000 | 8,924,000 | 8,480,000 | 7,210,000 | 4,659,000 | 4,147,000 | 4,934,000 | 4,618,000 | 4,716,000 | 4,025,000 | 4,311,000 | 3,514,000 | 3,444,000 | 2,933,000 | 3,199,000 | 2,829,000 | 3,123,000 | 3,362,000 | 3,475,000 | 3,782,000 | 3,248,250 | 3,675,000 | 2,388,000 | 8,084,000 | 3,996,000 | 4,144,000 | 3,111,000 | ||||||||||||||||||||||
total noninterest expense | 62,888,000 | 57,482,000 | 59,924,000 | 61,721,000 | 66,989,000 | 60,225,000 | 55,629,000 | 50,609,000 | 55,892,000 | 64,206,000 | 272,764,000 | 59,340,000 | 59,824,000 | 60,342,000 | 48,805,000 | 47,618,000 | 39,564,000 | 38,394,000 | 35,617,000 | 34,511,000 | 31,374,000 | 30,595,000 | 30,937,000 | 32,857,000 | 31,673,000 | 32,694,000 | 32,282,000 | 32,945,000 | 30,138,000 | 33,967,000 | 33,982,000 | 28,988,000 | 28,661,000 | 23,393,000 | 22,213,000 | 24,709,000 | 20,191,000 | 21,536,000 | 19,850,000 | 19,417,000 | 17,170,000 | 16,956,000 | 13,974,000 | 13,358,000 | 12,995,000 | 13,095,000 | 13,871,000 | 12,546,000 | |
income before income taxes | -8,008,000 | -58,930,000 | -10,870,000 | 6,263,000 | -22,959,000 | -116,968,000 | 2,664,000 | -117,000 | 248,000 | 1,580,000 | -212,588,000 | ||||||||||||||||||||||||||||||||||||||
income tax expense | 32,000 | 87,393,000 | -300,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net income | -8,040,000 | -146,323,000 | -7,690,000 | 6,896,000 | -14,111,000 | -82,174,000 | 3,085,000 | 793,000 | 2,548,000 | 2,180,000 | -212,288,000 | 8,496,000 | 17,354,000 | 29,006,000 | 33,316,000 | 30,836,000 | 23,876,000 | 37,226,000 | 26,054,000 | 22,355,000 | 22,366,000 | 30,938,000 | 17,854,000 | 13,211,000 | 15,214,000 | 17,356,000 | 12,410,000 | 11,259,000 | 14,129,000 | 14,707,000 | 5,146,000 | 8,976,000 | 2,273,000 | 9,580,000 | 9,616,000 | 6,113,000 | 6,517,000 | 9,675,000 | 3,324,000 | 3,787,000 | 5,048,000 | 2,762,000 | 2,942,000 | 2,626,000 | 3,006,000 | 2,659,000 | 1,267,000 | 1,462,000 | |
yoy | -43.02% | 78.06% | -349.27% | 769.61% | -653.81% | -3869.45% | -101.45% | -90.67% | -85.32% | -92.48% | -737.20% | -72.45% | -27.32% | -22.08% | 27.87% | 37.94% | 6.75% | 20.32% | 45.93% | 69.22% | 47.01% | 78.26% | 43.87% | 17.34% | 7.68% | 18.01% | 141.16% | 25.43% | 521.60% | 53.52% | -46.49% | 46.83% | -65.12% | -0.98% | 189.29% | 61.42% | 29.10% | 250.29% | 12.98% | 44.21% | 67.93% | 3.87% | 132.20% | 79.62% | |||||
qoq | -94.51% | 1802.77% | -211.51% | -148.87% | -82.83% | -2763.66% | 289.03% | -68.88% | 16.88% | -101.03% | -2598.68% | -51.04% | -40.17% | -12.94% | 8.04% | 29.15% | -35.86% | 42.88% | 16.55% | -0.05% | -27.71% | 73.28% | 35.14% | -13.17% | -12.34% | 39.85% | 10.22% | -20.31% | -3.93% | 185.79% | -42.67% | 294.90% | -76.27% | -0.37% | 57.30% | -6.20% | -32.64% | 191.06% | -12.23% | -24.98% | 82.77% | -6.12% | 12.03% | -12.64% | 13.05% | 109.87% | -13.34% | ||
net income per share | |||||||||||||||||||||||||||||||||||||||||||||||||
basic | -0.09 | -1.78 | -0.09 | 0.08 | -0.11 | -1.23 | 0.05 | 0.01 | 0.04 | 0.04 | -3.76 | 0.15 | 0.31 | 0.51 | 0.59 | 0.55 | 0.51 | 0.83 | 0.58 | 0.5 | 0.5 | 0.69 | 0.4 | 0.3 | 0.34 | 0.39 | 0.28 | 0.25 | 0.32 | 0.33 | 0.13 | 0.23 | 0.05 | 0.28 | 0.29 | 0.19 | -0.32 | 0.6 | 0.21 | 0.24 | 0.33 | 0.22 | 0.36 | 0.33 | 0.38 | 0.34 | 0.16 | 0.19 | |
diluted | -0.09 | -1.78 | -0.09 | 0.08 | -0.11 | -1.23 | 0.05 | 0.01 | 0.04 | 0.04 | -3.76 | 0.15 | 0.31 | 0.51 | 0.59 | 0.55 | 0.51 | 0.83 | 0.58 | 0.5 | 0.5 | 0.69 | 0.4 | 0.29 | 0.34 | 0.39 | 0.28 | 0.25 | 0.32 | 0.33 | 0.12 | 0.23 | 0.05 | 0.27 | 0.28 | 0.18 | -0.31 | 0.58 | 0.2 | 0.23 | 0.32 | 0.21 | 0.35 | 0.32 | 0.37 | 0.32 | 0.16 | 0.18 | |
shares used in computation: | |||||||||||||||||||||||||||||||||||||||||||||||||
basic | 110,970 | 82,424,884 | 82,386,071 | 82,373,616 | 5,572,578 | 66,992,701 | 56,523,640 | 56,484,655 | 8,841 | 56,443,539 | 56,430,813 | 56,376,669 | -18,855 | 56,387,451 | 56,471,470 | 56,465,855 | 498,500 | 44,819,743 | 44,792,358 | 44,707,718 | 796 | 44,625,668 | 44,620,716 | 44,669,661 | 44,540,865 | 38,577,271 | 32,805,010 | 16,003,088 | 7,855,457 | 7,733,514 | |||||||||||||||||||
diluted | 110,970 | 82,424,884 | 82,386,071 | 83,484,754 | 5,572,578 | 66,992,701 | 56,532,465 | 56,503,875 | 8,841 | 56,449,720 | 56,430,813 | 56,410,416 | -20,823 | 56,447,901 | 56,519,669 | 56,565,845 | 481,677 | 45,002,937 | 45,101,958 | 45,012,205 | 17,193 | 44,885,776 | 44,812,369 | 44,952,669 | 44,798,306 | 39,124,732 | 33,961,220 | 16,467,732 | 8,211,145 | 8,094,814 | |||||||||||||||||||
provision (reversal) for credit losses | 2,366,000 | 20,647,000 | 282,000 | -806,000 | 229,000 | -2,015,000 | 887,000 | ||||||||||||||||||||||||||||||||||||||||||
income tax benefit | -3,180,000 | -633,000 | |||||||||||||||||||||||||||||||||||||||||||||||
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net interest income after benefit from credit losses | 30,663,000 | 48,837,000 | 44,635,000 | 37,809,000 | 42,264,000 | 54,088,000 | |||||||||||||||||||||||||||||||||||||||||||
goodwill impairment | 215,252,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
other incomes | 7,572,000 | 7,154,000 | 7,737,000 | 7,987,000 | 8,158,000 | 6,890,000 | 2,417,250 | 2,412,000 | 6,930,000 | 3,112,000 | 2,880,000 | 2,470,000 | 2,155,000 | 1,941,000 | 2,044,000 | 1,104,000 | 1,163,000 | 1,442,000 | 1,272,000 | 1,934,000 | 989,000 | ||||||||||||||||||||||||||||
income tax (benefit) expense | -8,848,000 | -34,794,000 | -421,000 | -910,000 | -2,300,000 | -600,000 | |||||||||||||||||||||||||||||||||||||||||||
benefit from credit losses | 577,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
income before taxes on income | 10,696,000 | 20,945,000 | 39,536,000 | 46,227,000 | 43,095,000 | 32,345,000 | 51,890,000 | 36,284,000 | 31,266,000 | 31,933,000 | 43,115,000 | 25,112,000 | 18,607,000 | 21,719,000 | 24,248,000 | 17,505,000 | 16,027,000 | 19,855,000 | 20,854,000 | 6,803,000 | 12,574,000 | 13,040,000 | 14,209,000 | 14,287,000 | 9,063,000 | 10,599,000 | 15,475,000 | 5,731,000 | 6,529,000 | 8,345,000 | 4,803,000 | 5,117,000 | 4,567,000 | 5,151,000 | 4,789,000 | 2,361,000 | 2,520,000 | ||||||||||||
taxes on income | 2,200,000 | 3,591,000 | 10,530,000 | 12,911,000 | 12,259,000 | 8,469,000 | 14,664,000 | 10,230,000 | 8,911,000 | 9,567,000 | 12,177,000 | 7,258,000 | 5,396,000 | 6,505,000 | 6,892,000 | 5,095,000 | 4,768,000 | 5,726,000 | 6,147,000 | 1,657,000 | 3,598,000 | 10,767,000 | 4,629,000 | 4,671,000 | 2,950,000 | 4,082,000 | 5,800,000 | 2,407,000 | 2,742,000 | 3,297,000 | 2,041,000 | 2,175,000 | 1,941,000 | 2,145,000 | 2,130,000 | 1,094,000 | 1,058,000 | ||||||||||||
securities afs | 6,360,000 | 5,696,000 | 4,606,000 | 4,927,000 | 4,425,000 | 5,349,000 | 6,186,000 | 2,644,000 | 3,579,000 | 3,575,000 | 2,295,000 | 3,023,000 | 3,126,000 | 2,355,750 | 3,202,000 | 3,100,000 | 686,000 | 1,107,000 | 822,000 | 435,250 | 799,000 | 550,000 | |||||||||||||||||||||||||||
fed funds sold, fhlb stock and deposits | 484,500 | 782,000 | 612,000 | 859,250 | 1,123,000 | 1,388,000 | 500,250 | 619,000 | 544,000 | 372,500 | 571,000 | 512,000 | 354,500 | 367,000 | 809,000 | 128,500 | 181,000 | 154,000 | |||||||||||||||||||||||||||||||
benefit from loan losses | 485,750 | 172,000 | 2,450,000 | 1,800,000 | 1,231,000 | 1,250,000 | 400,000 | 1,200,000 | 570,000 | 753,000 | 150,000 | 235,000 | |||||||||||||||||||||||||||||||||||||
net interest income after benefit from loan losses | 31,030,750 | 42,960,000 | 33,801,000 | 23,204,000 | 21,932,000 | 20,671,000 | 18,961,000 | 16,234,000 | 14,891,000 | 12,671,000 | 11,721,000 | 12,101,000 | 11,147,000 | 9,816,000 | 9,515,000 | ||||||||||||||||||||||||||||||||||
shares used to compute net income per share: | |||||||||||||||||||||||||||||||||||||||||||||||||
basic | 11,150,592 | 44,639,481 | 44,625,673 | 10,322,201 | 44,405,094 | 40,820,006 | 8,417,831.75 | 34,565,949 | 33,623,671 | 4,033,028 | 16,257,008 | 16,134,869 | 2,383,514 | 12,623,924 | 8,070,386 | 1,933,593 | 7,735,350 | 7,734,231 | |||||||||||||||||||||||||||||||
diluted | 11,219,153.5 | 44,935,308 | 44,894,720 | 10,447,664 | 44,852,107 | 41,332,192 | 8,649,953.25 | 35,259,632 | 34,564,319 | 4,170,701.75 | 16,787,947 | 16,572,567 | 2,482,361.25 | 13,074,935 | 8,449,703 | 2,047,158.25 | 8,240,424 | 8,145,097 | |||||||||||||||||||||||||||||||
provision for loan losses | 1,231,000 | 540,000 | 1,036,750 | 9,000 | 1,688,000 | 900,000 | 701,000 | 1,092,000 | 69,000 | ||||||||||||||||||||||||||||||||||||||||
net interest income after provision for loan losses | 40,656,000 | 40,507,000 | 27,524,500 | 43,717,000 | 32,580,000 | 30,325,000 | 27,739,000 | 26,803,000 | 25,989,000 | ||||||||||||||||||||||||||||||||||||||||
loss on capital market activities | -1,490,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
gain on capital markets activities | -263,750 | 993,000 | -2,358,000 | ||||||||||||||||||||||||||||||||||||||||||||||
loss on capital markets activities | |||||||||||||||||||||||||||||||||||||||||||||||||
gain on capital market activities | |||||||||||||||||||||||||||||||||||||||||||||||||
fhlb stock, fed funds and deposits | 407,000 | 242,000 | |||||||||||||||||||||||||||||||||||||||||||||||
fed funds sold and interest-bearing deposits | 179,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 1,624,870,000 | 1,726,969,000 | 1,055,614,000 | 1,013,855,000 | 1,016,132,000 | 1,106,422,000 | 1,421,486,000 | 1,588,036,000 | 1,326,629,000 | 818,501,000 | 926,081,000 | 1,317,129,000 | 656,494,000 | 317,818,000 | 173,524,000 | 931,710,000 | 1,121,757,000 | 783,376,000 | 969,646,000 | 468,026,000 | 629,707,000 | 282,983,000 | 414,179,000 | 40,359,000 | 65,387,000 | 268,446,000 | 84,997,000 | 80,693,000 | 67,312,000 | 54,935,000 | 370,390,000 | 177,356,000 | 120,394,000 | 123,210,000 | 128,945,000 | 75,972,000 | 597,946,000 | 496,813,000 | 444,518,000 | 52,817,000 | 215,748,000 | 206,338,000 | 172,844,000 | 35,318,000 | 29,692,000 | 28,842,000 | 19,407,000 | 50,287,000 | 56,954,000 |
securities available-for-sale | 2,430,475,000 | 1,555,139,000 | 1,469,122,000 | 1,517,953,000 | 1,313,885,000 | 1,306,120,000 | 1,105,801,000 | 797,215,000 | 711,446,000 | 830,191,000 | 209,298,000 | 223,612,000 | 237,597,000 | 238,982,000 | 251,496,000 | 269,030,000 | 1,201,777,000 | 901,746,000 | 745,850,000 | 758,097,000 | 814,671,000 | 890,981,000 | 863,778,000 | 961,477,000 | 1,014,966,000 | 1,042,940,000 | 773,774,000 | 788,160,000 | 809,569,000 | 799,870,000 | 492,877,000 | 513,067,000 | 519,364,000 | 471,502,000 | 483,615,000 | 493,983,000 | 509,578,000 | 542,703,000 | 532,231,000 | 548,295,000 | 565,135,000 | 360,559,000 | 144,250,000 | 136,640,000 | 138,270,000 | 134,760,000 | 118,324,000 | 73,257,000 | 59,111,000 |
securities held-to-maturity | 634,333,000 | 647,619,000 | 663,807,000 | 691,931,000 | 712,105,000 | 734,863,000 | 755,033,000 | 775,702,000 | 789,578,000 | 800,742,000 | 814,661,000 | 847,036,000 | 862,544,000 | 884,061,000 | 930,562,000 | 920,408,000 | |||||||||||||||||||||||||||||||||
loans held for sale | 261,448,000 | 467,277,000 | 476,727,000 | 1,312,206,000 | 1,285,819,000 | 1,788,395,000 | 485,296,000 | 501,424,000 | 501,436,000 | 501,433,000 | 498,319,000 | 513,054,000 | 505,404,000 | 512,598,000 | 527,970,000 | 520,721,000 | 503,036,000 | 501,860,000 | 622,130,000 | 613,528,000 | 507,643,000 | 644,605,000 | 148,266,000 | 154,380,000 | 153,405,000 | 150,313,000 | 206,969,000 | 250,942,000 | 200,002,000 | 468,277,000 | 260,075,000 | 108,903,000 | 113,325,000 | ||||||||||||||||
loans held for investment | 6,729,178,000 | 7,302,415,000 | 7,548,323,000 | 7,684,580,000 | 7,941,393,000 | 8,088,863,000 | 10,087,268,000 | 10,086,346,000 | 10,177,802,000 | 10,283,353,000 | 10,585,201,000 | 10,669,803,000 | 10,726,193,000 | 10,355,420,000 | 8,938,841,000 | 7,397,464,000 | 6,906,728,000 | 5,308,959,000 | 5,512,888,000 | 5,117,206,000 | 4,803,799,000 | 4,615,323,000 | |||||||||||||||||||||||||||
less: allowance for credit losses | -93,850,000 | -101,913,000 | -37,560,000 | -35,200,000 | -32,302,000 | -29,300,000 | |||||||||||||||||||||||||||||||||||||||||||
total loans held for investment | 6,635,328,000 | 7,200,502,000 | 7,510,763,000 | 7,649,380,000 | 7,909,091,000 | 8,059,563,000 | |||||||||||||||||||||||||||||||||||||||||||
investment in federal home loan bank ("fhlb") stock | 43,616,000 | 43,616,000 | 50,077,000 | 44,619,000 | |||||||||||||||||||||||||||||||||||||||||||||
accrued interest receivable | 45,822,000 | 45,103,000 | 50,538,000 | 51,132,000 | 54,804,000 | 53,766,000 | 58,325,000 | 53,446,000 | 54,163,000 | 51,303,000 | |||||||||||||||||||||||||||||||||||||||
deferred taxes | 87,006,000 | 80,000,000 | 76,650,000 | 65,131,000 | 36,493,000 | 33,565,000 | 29,142,000 | 32,790,000 | 23,187,000 | 22,763,000 | 24,198,000 | 24,210,000 | 21,471,000 | 18,047,000 | 20,835,000 | 11,247,000 | 9,618,000 | 6,941,000 | 8,603,000 | 7,157,000 | 9,194,000 | 9,132,000 | 11,079,000 | 9,534,000 | 9,587,000 | 12,832,000 | 13,251,000 | 18,956,000 | 18,290,000 | 13,629,000 | 12,143,000 | 14,925,000 | 15,110,000 | 16,405,000 | 16,811,000 | 10,156,000 | 10,077,000 | 11,072,000 | 15,392,000 | 11,969,000 | 13,726,000 | 9,413,000 | 9,748,000 | 10,639,000 | 10,260,000 | 11,200,000 | 12,052,000 | ||
premises and equipment | 34,663,000 | 35,420,000 | 35,890,000 | 36,647,000 | 35,806,000 | 36,605,000 | 37,035,000 | 40,019,000 | 39,925,000 | 39,203,000 | 36,584,000 | 37,530,000 | 36,140,000 | 36,607,000 | 37,160,000 | 35,904,000 | 37,920,000 | 8,091,000 | 8,183,000 | 7,817,000 | 8,012,000 | 8,265,000 | 8,188,000 | 8,569,000 | 8,355,000 | 8,694,000 | 8,846,000 | 9,259,000 | 9,145,000 | 8,890,000 | 9,010,000 | 6,716,000 | 6,581,000 | 6,732,000 | 7,223,000 | 6,870,000 | 6,730,000 | 5,342,000 | 4,774,000 | 4,450,000 | 2,653,000 | 2,397,000 | 2,349,000 | 2,484,000 | 2,187,000 | 2,452,000 | 2,674,000 | 2,978,000 | 3,249,000 |
real estate owned | 6,210,000 | 6,210,000 | 6,210,000 | 6,210,000 | 6,210,000 | 6,210,000 | 6,210,000 | 6,210,000 | 8,381,000 | 6,210,000 | 6,210,000 | 6,210,000 | 6,210,000 | 6,210,000 | 6,210,000 | 6,210,000 | 6,210,000 | 465,000 | 465,000 | 815,000 | 1,997,000 | 2,979,000 | 2,165,000 | 2,920,000 | 1,400,000 | 1,400,000 | 1,400,000 | 1,734,000 | 544,000 | 1,074,000 | 334,000 | 4,036,000 | 4,492,000 | 4,492,000 | 334,000 | 334,000 | 334,000 | 1,285,000 | 1,875,000 | 375,000 | |||||||||
bank owned life insurance | 51,405,000 | 51,044,000 | 50,686,000 | 50,336,000 | 49,993,000 | 49,650,000 | 49,309,000 | 48,978,000 | |||||||||||||||||||||||||||||||||||||||||
core deposit intangibles | 2,400,000 | 2,672,000 | 2,947,000 | 3,245,000 | 3,558,000 | 3,888,000 | 4,222,000 | 4,578,000 | 4,948,000 | 5,337,000 | |||||||||||||||||||||||||||||||||||||||
derivative assets | 8,785,000 | 205,000 | 5,086,000 | 6,267,000 | 6,035,000 | ||||||||||||||||||||||||||||||||||||||||||||
other assets | 124,722,000 | 128,473,000 | 128,975,000 | 130,678,000 | 138,257,000 | 128,138,000 | 138,459,000 | 138,772,000 | 198,046,000 | 197,009,000 | 254,137,000 | 255,367,000 | 262,780,000 | 256,481,000 | 209,072,000 | 197,675,000 | 203,342,000 | 139,961,000 | 114,314,000 | 100,635,000 | 105,863,000 | 83,878,000 | 91,893,000 | 73,097,000 | 66,070,000 | 58,197,000 | 57,505,000 | 57,816,000 | 38,219,000 | 32,804,000 | 36,383,000 | 29,836,000 | 27,440,000 | 21,242,000 | 17,848,000 | 16,860,000 | 15,426,000 | 14,970,000 | 12,754,000 | 11,686,000 | 10,824,000 | 9,083,000 | 8,704,000 | 6,522,000 | 6,590,000 | 6,085,000 | 5,599,000 | 5,477,000 | 5,168,000 |
total assets | 11,904,077,000 | 11,910,044,000 | 11,588,362,000 | 12,588,397,000 | 12,645,265,000 | 13,376,561,000 | 13,714,423,000 | 13,586,275,000 | 13,327,248,000 | 13,051,564,000 | 12,840,554,000 | 13,616,184,000 | 13,014,179,000 | 12,328,863,000 | 11,249,240,000 | 10,474,796,000 | 10,196,204,000 | 7,735,063,000 | 7,939,134,000 | 7,051,832,000 | 6,957,160,000 | 6,481,938,000 | 7,141,293,000 | 6,513,708,000 | 6,314,436,000 | 6,358,346,000 | 6,285,946,000 | 6,001,204,000 | 5,840,412,000 | 5,466,282,000 | 5,966,001,000 | 4,842,182,000 | 4,541,185,000 | 4,051,061,000 | 3,903,234,000 | 3,687,917,000 | 3,975,403,000 | 3,593,668,000 | 3,492,940,000 | 2,690,173,000 | 2,592,579,000 | 2,248,747,000 | 1,869,680,000 | 1,466,601,000 | 1,355,424,000 | 1,284,513,000 | 1,164,392,000 | 1,090,348,000 | 1,037,360,000 |
liabilities and shareholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||
liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||
deposits | 9,284,570,000 | 9,293,071,000 | 8,593,693,000 | 9,561,645,000 | 9,870,279,000 | 10,304,604,000 | 10,756,344,000 | 10,638,970,000 | 10,688,932,000 | 10,812,194,000 | 10,806,986,000 | 10,051,706,000 | 10,362,612,000 | 9,549,856,000 | 9,538,744,000 | 8,957,518,000 | 8,811,960,000 | 6,844,978,000 | 7,106,802,000 | 6,245,821,000 | 5,913,433,000 | 5,463,813,000 | 5,647,841,000 | 5,030,827,000 | 4,891,144,000 | 5,170,566,000 | 4,743,942,000 | 4,568,702,000 | 4,532,968,000 | 4,668,707,000 | 4,632,950,000 | 3,636,192,000 | 3,443,527,000 | 3,268,726,000 | 3,107,404,000 | 2,780,377,000 | 2,426,795,000 | 2,338,737,000 | 2,265,596,000 | 1,773,106,000 | 1,522,176,000 | 1,321,527,000 | 1,266,318,000 | 961,157,000 | 962,954,000 | 951,164,000 | 857,165,000 | 854,684,000 | 802,037,000 |
borrowings | 1,430,518,000 | 1,422,063,000 | 1,669,315,000 | 1,674,314,000 | 1,425,369,000 | 1,691,453,000 | 1,716,552,000 | 1,705,493,000 | 1,409,056,000 | 984,289,000 | 975,541,000 | 2,294,600,000 | 1,369,936,000 | 1,496,456,000 | 493,728,000 | 325,969,000 | 210,127,000 | 12,500,000 | 20,000,000 | 12,000,000 | 269,000,000 | 269,000,000 | 764,600,000 | 794,000,000 | 743,000,000 | 520,000,000 | 882,000,000 | 800,000,000 | 708,000,000 | 232,000,000 | 791,000,000 | 769,000,000 | 678,000,000 | 421,000,000 | 461,035,000 | 602,000,000 | 1,250,000,000 | 951,000,000 | 938,000,000 | 633,000,000 | 796,000,000 | 660,000,000 | 472,250,000 | 393,000,000 | 282,886,000 | 228,682,000 | 208,279,000 | 140,875,000 | 141,063,000 |
subordinated debt | 173,521,000 | 173,506,000 | 173,490,000 | 173,475,000 | 173,459,000 | 173,444,000 | 173,428,000 | 173,413,000 | 173,397,000 | 173,382,000 | |||||||||||||||||||||||||||||||||||||||
derivative liabilities | 6,938,000 | 9,081,000 | 8,689,000 | 10,453,000 | 5,124,000 | ||||||||||||||||||||||||||||||||||||||||||||
accounts payable and other liabilities | 95,943,000 | 94,412,000 | 92,549,000 | 107,899,000 | 122,795,000 | 132,139,000 | 134,855,000 | 139,665,000 | 130,520,000 | 162,492,000 | 142,493,000 | 136,140,000 | 147,253,000 | 160,586,000 | 113,859,000 | 108,734,000 | 110,066,000 | 110,754,000 | 78,314,000 | 79,581,000 | 79,016,000 | 71,189,000 | 90,131,000 | 65,798,000 | 66,423,000 | 63,420,000 | 73,301,000 | 64,259,000 | 40,260,000 | 34,576,000 | 24,082,000 | 24,876,000 | 24,707,000 | 20,882,000 | 17,868,000 | 13,760,000 | 14,344,000 | 16,637,000 | 11,836,000 | 13,887,000 | 14,667,000 | 9,924,000 | 9,110,000 | 8,922,000 | 10,088,000 | 10,807,000 | 7,423,000 | 5,948,000 | 7,498,000 |
total liabilities | 10,991,490,000 | 10,992,133,000 | 10,537,736,000 | 11,527,786,000 | 11,591,902,000 | 12,306,764,000 | 12,781,179,000 | 12,657,541,000 | 12,401,905,000 | 12,132,357,000 | 11,925,020,000 | 12,482,446,000 | 11,879,801,000 | 11,206,898,000 | 10,146,331,000 | 9,392,221,000 | 9,132,153,000 | 6,968,232,000 | 7,205,116,000 | 6,337,402,000 | 6,261,449,000 | 5,804,002,000 | 6,502,572,000 | 5,890,625,000 | 5,700,567,000 | 5,753,986,000 | 5,699,243,000 | 5,432,961,000 | 5,281,228,000 | 4,935,283,000 | 5,448,032,000 | 4,430,068,000 | 4,146,234,000 | 3,710,608,000 | 3,586,307,000 | 3,396,137,000 | 3,691,139,000 | 3,306,374,000 | 3,215,432,000 | 2,419,993,000 | 2,332,843,000 | 1,991,451,000 | 1,747,678,000 | 1,363,079,000 | 1,255,928,000 | 1,190,653,000 | 1,072,867,000 | 1,001,507,000 | 950,598,000 |
shareholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.001 par value... | 86,797,000 | 86,797,000 | 87,649,000 | 87,649,000 | 87,649,000 | 130,252,000 | |||||||||||||||||||||||||||||||||||||||||||
common stock, 0.001 par value... | 83,000 | 83,000 | 82,000 | 82,000 | 82,000 | 68,000 | |||||||||||||||||||||||||||||||||||||||||||
additional paid-in-capital | 855,270,000 | 854,880,000 | 852,982,000 | 851,146,000 | 849,509,000 | 805,819,000 | 721,814,000 | 721,362,000 | 720,899,000 | 720,356,000 | 719,779,000 | 719,261,000 | 719,606,000 | 719,955,000 | 719,222,000 | 720,846,000 | 720,744,000 | 436,835,000 | 435,201,000 | 434,346,000 | 433,941,000 | 433,263,000 | 432,791,000 | 432,363,000 | 433,775,000 | 433,426,000 | 432,931,000 | 432,621,000 | 431,832,000 | 431,199,000 | 430,479,000 | 327,951,000 | 314,501,000 | 260,626,000 | 247,303,000 | 234,272,000 | 232,428,000 | 231,631,000 | 230,316,000 | 228,506,000 | 227,262,000 | 226,796,000 | 95,854,000 | 78,859,000 | 78,204,000 | 76,721,000 | 76,632,000 | 76,480,000 | 76,334,000 |
retained (deficit) earnings | -30,119,000 | -22,079,000 | |||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | 556,000 | -14,535,000 | -11,943,000 | -13,553,000 | -9,073,000 | -3,932,000 | 2,275,000 | 8,767,000 | 10,775,000 | 14,069,000 | 14,087,000 | 16,232,000 | |||||||||||||||||||||||||||||||||||||
total shareholders’ equity | 912,587,000 | 917,911,000 | 1,050,626,000 | 1,060,611,000 | 1,053,363,000 | 1,069,797,000 | 933,244,000 | 928,734,000 | 925,343,000 | 919,207,000 | 915,534,000 | 1,133,738,000 | 1,134,378,000 | 1,121,965,000 | 1,102,909,000 | 1,082,575,000 | 1,064,051,000 | 766,831,000 | 734,018,000 | 714,430,000 | 695,711,000 | 677,936,000 | 638,721,000 | 623,083,000 | 613,869,000 | 604,360,000 | 586,703,000 | 568,243,000 | 559,184,000 | 530,999,000 | 517,969,000 | 412,114,000 | 394,951,000 | 340,453,000 | 316,927,000 | 291,780,000 | 284,264,000 | 287,294,000 | 277,508,000 | 270,180,000 | 259,736,000 | 257,296,000 | 122,002,000 | 103,522,000 | 99,496,000 | 93,860,000 | 91,525,000 | 88,841,000 | 86,762,000 |
total liabilities and shareholders’ equity | 11,904,077,000 | 11,910,044,000 | 11,588,362,000 | 12,588,397,000 | 12,645,265,000 | 13,376,561,000 | 13,714,423,000 | 13,586,275,000 | 13,327,248,000 | 13,051,564,000 | 12,840,554,000 | 13,616,184,000 | 13,014,179,000 | 12,328,863,000 | 11,249,240,000 | 10,474,796,000 | 10,196,204,000 | 7,735,063,000 | 7,939,134,000 | 7,051,832,000 | 6,957,160,000 | 6,481,938,000 | 7,141,293,000 | 6,513,708,000 | 6,314,436,000 | 6,358,346,000 | 6,285,946,000 | 6,001,204,000 | 5,840,412,000 | 5,466,282,000 | 5,966,001,000 | 4,842,182,000 | 4,541,185,000 | 4,051,061,000 | 3,903,234,000 | 3,687,917,000 | 3,975,403,000 | 3,593,668,000 | 3,492,940,000 | 2,690,173,000 | 2,592,579,000 | 2,248,747,000 | 1,869,680,000 | 1,466,601,000 | 1,355,424,000 | 1,284,513,000 | 1,164,392,000 | 1,090,348,000 | 1,037,360,000 |
accumulated other comprehensive loss | -1,770,000 | -14,331,000 | -10,201,000 | -8,915,000 | -5,490,000 | -9,948,000 | -11,487,000 | -14,187,000 | -17,796,000 | -19,841,000 | |||||||||||||||||||||||||||||||||||||||
retained earnings | 124,244,000 | 131,935,000 | 125,038,000 | 139,148,000 | 221,321,000 | 218,802,000 | 218,575,000 | 216,591,000 | 215,540,000 | 428,956,000 | 426,659,000 | 415,507,000 | 392,704,000 | 365,604,000 | 340,976,000 | 321,184,000 | 287,997,000 | 265,970,000 | 247,638,000 | 228,396,000 | 200,582,000 | 185,852,000 | 175,773,000 | 162,792,000 | 147,668,000 | 137,490,000 | 128,461,000 | 114,332,000 | 99,625,000 | 94,479,000 | 85,503,000 | 82,374,000 | 72,794,000 | 63,178,000 | 57,065,000 | 50,548,000 | 40,873,000 | 37,549,000 | 33,762,000 | 28,714,000 | 25,952,000 | 23,010,000 | 20,384,000 | 17,378,000 | 14,719,000 | 13,452,000 | 11,990,000 | ||
| |||||||||||||||||||||||||||||||||||||||||||||||||
investment in fhlb stock | 37,869,000 | 37,810,000 | 37,810,000 | 36,668,000 | 24,613,000 | 24,610,000 | 19,485,000 | 58,716,000 | 25,358,000 | 31,203,000 | 17,250,000 | 17,250,000 | 18,249,000 | 17,250,000 | 17,250,000 | 17,250,000 | 17,250,000 | 17,250,000 | 23,598,000 | 21,168,000 | 21,519,000 | 17,250,000 | 19,224,000 | 22,734,000 | 20,307,000 | 17,250,000 | 22,707,000 | 22,626,000 | 19,060,000 | 17,250,000 | 22,572,000 | 17,326,000 | 33,750,000 | 25,677,000 | 25,326,000 | 17,091,000 | 21,492,000 | 17,820,000 | 13,290,000 | 17,061,000 | 12,361,000 | 9,776,000 | 9,165,000 | 6,580,000 | 6,721,000 | ||||
allowance for credit losses - loans | -29,295,000 | -29,295,000 | -29,205,000 | -29,195,000 | -31,485,000 | -31,095,000 | -33,731,000 | -32,900,000 | -33,165,000 | -32,822,000 | -33,776,000 | -20,985,000 | -22,272,000 | -23,180,000 | -24,200,000 | -24,183,000 | |||||||||||||||||||||||||||||||||
net loans | 10,057,973,000 | 10,057,051,000 | 10,148,597,000 | 10,254,158,000 | 10,553,716,000 | 10,638,708,000 | 10,692,462,000 | 10,322,520,000 | 8,905,676,000 | 7,364,642,000 | 6,872,952,000 | 5,287,974,000 | 5,490,616,000 | 5,094,026,000 | 4,779,599,000 | 4,591,140,000 | 5,108,683,000 | 4,782,513,000 | 4,526,833,000 | 4,353,708,000 | 4,611,164,000 | 4,316,865,000 | 4,274,669,000 | 4,431,859,000 | 4,268,390,000 | 3,894,970,000 | 3,645,327,000 | 3,239,374,000 | 3,074,140,000 | 2,850,010,000 | 2,540,309,000 | 2,295,229,000 | 1,991,621,000 | 1,782,002,000 | 1,754,883,000 | 1,524,705,000 | 1,394,971,000 | 1,258,829,000 | 1,156,242,000 | 1,091,625,000 | 997,678,000 | 938,694,000 | 893,730,000 | ||||||
common stock, 0.01 par value... | 57,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock | 57,000 | 56,000 | 56,000 | 56,000 | 56,000 | 56,000 | 56,000 | 56,000 | 57,000 | 56,000 | 45,000 | 45,000 | 45,000 | 45,000 | 45,000 | 45,000 | 45,000 | 45,000 | 45,000 | 45,000 | 44,000 | 44,000 | 44,000 | 44,000 | 39,000 | 38,000 | 35,000 | 34,000 | 33,000 | 16,000 | 16,000 | 16,000 | 16,000 | 16,000 | 16,000 | 9,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | |||||||
allowance for credit losses - investments | -8,220,000 | -8,490,000 | -8,535,000 | -12,288,000 | -11,439,000 | -11,519,000 | -11,226,000 | -10,743,000 | -10,399,000 | -10,098,000 | -9,116,000 | -8,878,000 | -7,245,000 | -8,049,000 | |||||||||||||||||||||||||||||||||||
net securities | 1,492,804,000 | 1,622,443,000 | 1,015,424,000 | 1,058,360,000 | 1,088,702,000 | 1,111,524,000 | 1,170,832,000 | 1,178,695,000 | 1,191,378,000 | 891,648,000 | 736,734,000 | 749,219,000 | 807,426,000 | 882,932,000 | 861,407,000 | ||||||||||||||||||||||||||||||||||
goodwill | |||||||||||||||||||||||||||||||||||||||||||||||||
goodwill and intangibles | 5,730,000 | 221,401,000 | 221,835,000 | 222,290,000 | 222,749,000 | 223,239,000 | 222,125,000 | 94,083,000 | 94,454,000 | 94,864,000 | 95,296,000 | 95,735,000 | 96,181,000 | 96,672,000 | 97,191,000 | 97,717,000 | 98,254,000 | 98,852,000 | 99,482,000 | 99,721,000 | 100,370,000 | 33,551,000 | 33,576,000 | 2,021,000 | 2,068,000 | 2,122,000 | 2,177,000 | 2,232,000 | 2,288,000 | 2,351,000 | 2,416,000 | 2,481,000 | 1,729,000 | ||||||||||||||||
allowance for credit losses | -2,371,000 | -23,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
loans, net of deferred fees | 5,136,812,000 | 4,805,513,000 | 4,547,633,000 | 4,374,208,000 | 4,631,364,000 | 4,336,065,000 | 4,293,669,000 | 4,450,859,000 | 4,287,390,000 | 3,914,970,000 | 3,663,727,000 | 3,256,874,000 | 3,090,940,000 | 2,865,710,000 | 2,555,709,000 | 2,308,829,000 | 2,003,821,000 | 1,793,002,000 | 1,765,483,000 | 1,536,005,000 | 1,405,771,000 | 1,269,129,000 | 1,166,392,000 | 1,101,775,000 | 1,007,828,000 | 948,844,000 | 903,645,000 | ||||||||||||||||||||||
accumulated other comprehensive income, net of tax | 5,303,000 | 4,823,000 | 4,276,000 | 8,097,000 | 6,059,000 | 5,099,000 | 6,303,000 | 4,109,000 | -1,304,000 | 1,770,000 | 187,000 | 1,645,000 | 900,000 | -247,000 | 166,000 | -1,099,000 | -1,570,000 | ||||||||||||||||||||||||||||||||
commitments and contingencies | |||||||||||||||||||||||||||||||||||||||||||||||||
allowance for loan and lease losses | -20,800,000 | -20,500,000 | -20,200,000 | -19,200,000 | -19,000,000 | -19,000,000 | -19,000,000 | -20,000,000 | -18,400,000 | -17,500,000 | -16,800,000 | -15,700,000 | -15,400,000 | -13,600,000 | -12,200,000 | -11,000,000 | -10,600,000 | -11,300,000 | -10,800,000 | -10,300,000 | -10,150,000 | -10,150,000 | -10,150,000 | -10,150,000 | -9,915,000 | ||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax | -1,912,000 | -14,576,000 | -12,179,000 | -10,355,000 | -2,582,000 | -3,204,000 | -5,703,000 | ||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive (loss), net of tax | -1,153,000 | -5,091,000 | -5,245,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2014-12-31 | 2014-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||
net income | -7,690,000 | 6,896,000 | -14,111,000 | -82,174,000 | 3,085,000 | 793,000 | 2,548,000 | 2,180,000 | -212,288,000 | 8,496,000 | 17,354,000 | 29,006,000 | 33,316,000 | 30,836,000 | 23,876,000 | 37,226,000 | 26,054,000 | 22,355,000 | 22,366,000 | 30,938,000 | 17,854,000 | 13,211,000 | 15,214,000 | 17,356,000 | 12,410,000 | 11,259,000 | 14,129,000 | 14,707,000 | 5,146,000 | 8,976,000 | 2,273,000 | 9,580,000 | 9,616,000 | 6,113,000 | 6,517,000 | 9,675,000 | 3,324,000 | 3,787,000 | 5,048,000 | 2,762,000 | 3,006,000 | 2,659,000 | ||
adjustments to reconcile net income to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||
loss (earnings) from investment in subsidiaries | ||||||||||||||||||||||||||||||||||||||||||||
stock–based compensation expense | -5,140,000 | 1,046,000 | 1,836,000 | 1,637,000 | 1,109,000 | -212,000 | 452,000 | 605,000 | 545,000 | 579,000 | 518,000 | 32,000 | -2,617,000 | 733,000 | 833,000 | 1,204,000 | 554,000 | 573,000 | 634,000 | 995,000 | 415,000 | 465,000 | 428,000 | 767,000 | 297,000 | 347,000 | 297,000 | 692,000 | 455,000 | 507,000 | 510,000 | 1,165,000 | 926,000 | 250,000 | 220,000 | 442,000 | 187,000 | 220,000 | 175,000 | 317,000 | 230,000 | 130,000 | 64,000 | 89,000 |
deferred tax liability | ||||||||||||||||||||||||||||||||||||||||||||
decrease in valuation allowance on deferred tax asset | ||||||||||||||||||||||||||||||||||||||||||||
decrease in other assets | 1,828,000 | 7,657,000 | ||||||||||||||||||||||||||||||||||||||||||
increase in accounts payable and other liabilities | 22,748,000 | 743,000 | -24,054,000 | -4,877,000 | -22,739,000 | 5,401,000 | -7,796,000 | 8,524,000 | -31,855,000 | 20,047,000 | -25,347,000 | 25,296,000 | 5,614,000 | -1,138,000 | -7,815,000 | 32,415,000 | -1,890,000 | 626,000 | 17,742,000 | -2,829,000 | -2,028,000 | -129,000 | 10,494,000 | -6,098,000 | 169,000 | 568,000 | 3,014,000 | -2,293,000 | -249,000 | 3,384,000 | ||||||||||||||
net cash from operating activities | -4,053,000 | 9,175,000 | -16,256,000 | -552,000 | -21,090,000 | 14,217,000 | -9,122,000 | 7,211,000 | -34,633,000 | 15,045,000 | 15,929,000 | 9,479,000 | -118,195,000 | 29,881,000 | 30,021,000 | 40,339,000 | 26,795,000 | 29,486,000 | 8,035,000 | 32,619,000 | 17,050,000 | 22,314,000 | 27,194,000 | 884,000 | 13,291,000 | 23,310,000 | 12,644,000 | 11,192,000 | 8,594,000 | 30,180,000 | 823,000 | 11,384,000 | 10,243,000 | 9,299,000 | 12,831,000 | 5,499,000 | 6,054,000 | 8,287,000 | 1,683,000 | 3,746,000 | 6,574,000 | 4,336,000 | 2,012,000 | 3,949,000 |
capital expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
free cash flows | -4,053,000 | 9,175,000 | -16,256,000 | -552,000 | -21,090,000 | 14,217,000 | -9,122,000 | 7,211,000 | -34,633,000 | 15,045,000 | 15,929,000 | 9,479,000 | -118,195,000 | 29,881,000 | 30,021,000 | 40,339,000 | 26,795,000 | 29,486,000 | 8,035,000 | 32,619,000 | 17,050,000 | 22,314,000 | 27,194,000 | 884,000 | 13,291,000 | 23,310,000 | 12,644,000 | 11,192,000 | 8,594,000 | 30,180,000 | 823,000 | 11,384,000 | 10,243,000 | 9,299,000 | 12,831,000 | 5,499,000 | 6,054,000 | 8,287,000 | 1,683,000 | 3,746,000 | 6,574,000 | 4,336,000 | 2,012,000 | 3,949,000 |
cash flows from investing activities: | ||||||||||||||||||||||||||||||||||||||||||||
investment in subsidiaries | ||||||||||||||||||||||||||||||||||||||||||||
dividend from subsidiary | ||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities | -1,289,436,000 | 210,037,000 | 1,030,951,000 | 57,948,000 | 631,200,000 | -66,939,000 | -285,310,000 | 8,413,000 | 241,806,000 | -308,829,000 | 157,929,000 | 43,973,000 | 2,810,096,000 | -893,224,000 | -1,528,506,000 | -483,366,000 | 500,746,000 | 56,546,000 | -371,590,000 | -265,075,000 | -116,459,000 | 540,711,000 | -237,864,000 | -211,284,000 | -157,747,000 | 117,482,000 | -263,362,000 | -123,412,000 | -336,656,000 | 177,395,000 | -269,916,000 | -250,373,000 | -26,380,000 | -149,395,000 | -158,732,000 | -234,474,000 | -292,589,000 | -43,228,000 | -409,107,000 | -255,534,000 | -334,017,000 | -344,621,000 | -68,105,000 | -108,916,000 |
cash flows from financing activities: | ||||||||||||||||||||||||||||||||||||||||||||
net increase in line of credit | ||||||||||||||||||||||||||||||||||||||||||||
net increase in subordinated debt | 15,000 | 16,000 | 15,000 | 16,000 | 15,000 | 16,000 | 15,000 | 16,000 | 15,000 | 15,000 | 17,000 | 15,000 | 15,000 | 16,000 | 147,592,000 | |||||||||||||||||||||||||||||
proceeds from issuance of common stock | 0 | |||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of preferred stock | 0 | |||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of warrants | ||||||||||||||||||||||||||||||||||||||||||||
equity issuance costs | 0 | |||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of stock | ||||||||||||||||||||||||||||||||||||||||||||
repurchase of stock | -7,000 | 0 | 0 | -142,000 | -2,000 | -2,000 | 0 | -534,000 | 95,000 | 0 | -2,457,000 | -1,120,000 | -534,000 | 0 | -244,000 | -944,000 | 0 | 0 | 0 | -2,824,000 | 0 | 1,000 | ||||||||||||||||||||||
intercompany accounts, net decrease | ||||||||||||||||||||||||||||||||||||||||||||
dividends paid | 1,000 | 1,000 | -566,000 | -566,000 | -564,000 | -1,129,000 | -1,128,000 | -6,199,000 | -6,203,000 | -6,203,000 | -6,216,000 | -6,208,000 | -4,084,000 | -4,039,000 | -4,027,000 | -4,023,000 | -3,124,000 | -3,124,000 | -3,124,000 | -3,132,000 | -2,233,000 | -2,232,000 | -2,232,000 | -2,230,000 | ||||||||||||||||||||
net cash from financing activities | 586,139,000 | 452,143,000 | -972,936,000 | -59,673,000 | -700,400,000 | -262,342,000 | 127,882,000 | 245,783,000 | 300,955,000 | 186,204,000 | -564,906,000 | 607,183,000 | -1,885,642,000 | 1,007,637,000 | 740,299,000 | 252,980,000 | -189,160,000 | -272,302,000 | 865,175,000 | 70,775,000 | 446,133,000 | -694,221,000 | 584,490,000 | 185,372,000 | -58,603,000 | 42,657,000 | 255,022,000 | 125,601,000 | 340,439,000 | -523,030,000 | 462,127,000 | 295,951,000 | 13,321,000 | -292,999,000 | 387,668,000 | 87,236,000 | 799,125,000 | 88,857,000 | 336,853,000 | 373,779,000 | 66,943,000 | 114,402,000 | ||
increase in cash and cash equivalents | -707,350,000 | 671,355,000 | 41,759,000 | -2,277,000 | -90,290,000 | -315,064,000 | -166,550,000 | 261,407,000 | 508,128,000 | -107,580,000 | -391,048,000 | 660,635,000 | 806,259,000 | 144,294,000 | 338,381,000 | -186,270,000 | 346,724,000 | -131,196,000 | 373,820,000 | -25,028,000 | -203,059,000 | 183,449,000 | 4,304,000 | 13,381,000 | 193,034,000 | 56,962,000 | -2,816,000 | -5,735,000 | 101,133,000 | 52,295,000 | 391,701,000 | -162,931,000 | 9,410,000 | 33,494,000 | 850,000 | 9,435,000 | ||||||||
cash and cash equivalents at beginning of year | -1,008,440,000 | 0 | 0 | 1,016,132,000 | 0 | 0 | 0 | 1,326,629,000 | 0 | 0 | 0 | 656,494,000 | -1,099,994,000 | 0 | 0 | 1,121,757,000 | 0 | 0 | 0 | 629,707,000 | 0 | 0 | 0 | 65,387,000 | 0 | 0 | 0 | 67,312,000 | 0 | 0 | 0 | 120,394,000 | 0 | 0 | 0 | 597,946,000 | 0 | 0 | 0 | 215,748,000 | 0 | 0 | 0 | 0 |
cash and cash equivalents at end of year | ||||||||||||||||||||||||||||||||||||||||||||
net loss | ||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net loss to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||
provision for credit losses - loans | -3,965,000 | 930,000 | ||||||||||||||||||||||||||||||||||||||||||
provision (reversal) for credit losses - securities afs | -73,000 | 41,000 | -107,000 | -35,000 | -43,000 | -569,000 | -309,000 | |||||||||||||||||||||||||||||||||||||
depreciation and amortization | 1,090,000 | 1,093,000 | 1,124,000 | 1,154,000 | 1,220,000 | 1,194,000 | 1,190,000 | 1,186,000 | 1,083,000 | 1,053,000 | 1,104,000 | 1,037,000 | 1,045,000 | 974,000 | 841,000 | 822,000 | 832,000 | 823,000 | 838,000 | 820,000 | 784,000 | 763,000 | 763,000 | 776,000 | 742,000 | 738,000 | 667,000 | 767,000 | 653,000 | 664,000 | 619,000 | 602,000 | 610,000 | 553,000 | 520,000 | 484,000 | 458,000 | 396,000 | 355,000 | 345,000 | 282,000 | 301,000 | ||
deferred tax benefit | -11,978,000 | -5,452,000 | -2,982,000 | 3,431,000 | -1,134,000 | |||||||||||||||||||||||||||||||||||||||
valuation allowance on deferred tax asset | ||||||||||||||||||||||||||||||||||||||||||||
amortization of premium (discount) on securities | 1,636,000 | 847,000 | 1,008,000 | 120,000 | -173,000 | 2,028,000 | -351,000 | |||||||||||||||||||||||||||||||||||||
amortization of core deposit intangible | 275,000 | 298,000 | 313,000 | 330,000 | 334,000 | 356,000 | 370,000 | 389,000 | 393,000 | 419,000 | 434,000 | 459,000 | 490,000 | 509,000 | 366,000 | 371,000 | 410,000 | 432,000 | 439,000 | 446,000 | 491,000 | 519,000 | 526,000 | 537,000 | 598,000 | 630,000 | 639,000 | 649,000 | 430,000 | 325,000 | ||||||||||||||
amortization of mortgage servicing rights - net | 520,000 | 2,594,000 | 690,000 | 330,000 | 359,000 | 391,000 | 747,000 | 471,000 | 512,000 | 556,000 | 599,000 | 496,000 | 521,000 | 549,000 | 577,000 | 435,000 | 456,000 | 479,000 | 501,000 | 329,000 | ||||||||||||||||||||||||
gain on sale of reo | 0 | 0 | 0 | -679,000 | 0 | -479,000 | -145,000 | -118,000 | 0 | 0 | 0 | -104,000 | 0 | -383,000 | ||||||||||||||||||||||||||||||
loss on sale of loans | 0 | |||||||||||||||||||||||||||||||||||||||||||
gain on sale of securities available-for-sale | -1,228,000 | 0 | -4,702,000 | 0 | 0 | -983,000 | -221,000 | |||||||||||||||||||||||||||||||||||||
loss from hedging activities | 0 | |||||||||||||||||||||||||||||||||||||||||||
lhfs locom adjustment at time of transfer | 0 | |||||||||||||||||||||||||||||||||||||||||||
change in fair value of lhfs | -4,739,000 | -2,119,000 | -13,284,000 | 3,293,000 | ||||||||||||||||||||||||||||||||||||||||
amortization of oci - securities transfer to htm | -99,000 | -261,000 | -222,000 | -147,000 | -25,000 | -116,000 | -94,000 | -25,000 | 91,000 | 298,000 | 616,000 | -260,000 | ||||||||||||||||||||||||||||||||
decrease in accrued interest receivable and other assets | 8,390,000 | -3,585,000 | 10,218,000 | 7,697,000 | -1,848,000 | 10,434,000 | ||||||||||||||||||||||||||||||||||||||
net decrease in loans | 259,427,000 | 156,039,000 | 243,307,000 | 92,117,000 | -5,652,000 | 87,232,000 | 83,515,000 | 54,387,000 | ||||||||||||||||||||||||||||||||||||
proceeds from sale of loans | 0 | 462,734,000 | 0 | 4,776,000 | 3,994,000 | 0 | 438,417,000 | -24,727,000 | 0 | -292,000 | 621,935,000 | 0 | 52,376,000 | 168,774,000 | 112,966,000 | 154,773,000 | 20,985,000 | 41,704,000 | 104,046,000 | |||||||||||||||||||||||||
proceeds from sale of reo | 0 | 0 | 0 | 2,850,000 | 0 | 944,000 | 145,000 | 468,000 | 840,000 | 982,000 | 0 | 755,000 | 0 | 0 | 0 | 438,000 | 210,000 | 740,000 | 0 | 3,702,000 | 0 | 1,668,000 | ||||||||||||||||||||||
purchase of premises and equipment | -620,000 | -422,000 | -1,965,000 | -364,000 | -826,000 | -251,000 | -1,285,000 | -1,908,000 | -3,700,000 | -109,000 | -2,494,000 | -484,000 | -2,301,000 | -1,222,000 | -651,000 | -730,000 | -1,198,000 | -628,000 | -585,000 | -897,000 | -403,000 | -977,000 | -424,000 | -624,000 | -329,000 | -852,000 | -799,000 | -693,000 | ||||||||||||||||
disposals of premises and equipment | 0 | 9,000 | 36,000 | 0 | 1,000 | 0 | 13,000 | 3,375,000 | ||||||||||||||||||||||||||||||||||||
proceeds from sale of land | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||
loss on sale of land | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||
purchases of securities afs | -320,240,000 | 0 | -703,278,000 | -100,501,000 | -206,686,000 | -428,727,000 | -1,135,662,000 | -49,961,000 | 0 | 2,000 | -400,000 | -148,521,000 | -222,895,000 | -6,283,000 | -99,791,000 | |||||||||||||||||||||||||||||
proceeds from sale of securities available-for-sale | 197,575,000 | 0 | 470,940,000 | 0 | 0 | 105,493,000 | 643,527,000 | |||||||||||||||||||||||||||||||||||||
maturities of securities afs | 51,454,000 | 49,569,000 | 35,950,000 | 78,878,000 | 28,485,000 | 17,796,000 | 406,183,000 | 3,534,000 | 2,180,000 | 2,304,000 | 9,184,000 | 6,251,000 | 10,559,000 | 7,965,000 | 60,723,000 | 63,711,000 | ||||||||||||||||||||||||||||
maturities of securities htm | 15,925,000 | 27,634,000 | 19,744,000 | 22,401,000 | 19,935,000 | 20,356,000 | 13,628,000 | 10,988,000 | 13,842,000 | 32,374,000 | 15,948,000 | 46,088,000 | 77,151,000 | 79,660,000 | ||||||||||||||||||||||||||||||
impairment of securities afs | 55,000 | |||||||||||||||||||||||||||||||||||||||||||
net increase in fhlb stock | 6,461,000 | -5,458,000 | -6,750,000 | -59,000 | 0 | -1,142,000 | -12,055,000 | |||||||||||||||||||||||||||||||||||||
decrease in deposits | -308,634,000 | -49,962,000 | ||||||||||||||||||||||||||||||||||||||||||
proceeds from fhlb & frb advances | 0 | 1,350,000,000 | 250,000,000 | -1,000 | 1,000 | |||||||||||||||||||||||||||||||||||||||
repayments on fhlb & frb advances | -250,000,000 | -266,617,000 | -6,444,000 | |||||||||||||||||||||||||||||||||||||||||
net decrease in repurchase agreements | 2,748,000 | -18,656,000 | -70,351,000 | -13,250,000 | ||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of convertible warrants | 0 | |||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of period | 671,355,000 | 41,759,000 | 1,013,855,000 | -90,290,000 | -315,064,000 | -166,550,000 | 1,588,036,000 | 508,128,000 | -107,580,000 | -391,048,000 | 1,317,129,000 | 144,294,000 | -758,186,000 | 931,710,000 | 338,381,000 | -186,270,000 | 501,620,000 | 468,026,000 | 346,724,000 | -131,196,000 | 373,820,000 | 40,359,000 | 183,449,000 | 4,304,000 | 80,693,000 | -315,455,000 | 193,034,000 | 177,356,000 | -5,735,000 | 52,973,000 | 75,972,000 | 52,295,000 | 391,701,000 | 52,817,000 | 33,494,000 | 9,435,000 | ||||||||
supplemental disclosures of cash flow information: | ||||||||||||||||||||||||||||||||||||||||||||
cash paid during the period for: | ||||||||||||||||||||||||||||||||||||||||||||
income taxes | -20,000 | -73,000 | 8,516,000 | 11,827,000 | 10,259,000 | 12,215,000 | 5,209,000 | 11,941,000 | 19,184,000 | 9,190,000 | 5,650,000 | 8,635,000 | 149,000 | 5,373,000 | 183,000 | 11,072,000 | 18,000 | 3,520,000 | 5,730,000 | 5,150,000 | 255,000 | 7,106,000 | 2,900,000 | 5,000,000 | 2,150,000 | 2,400,000 | 2,700,000 | 2,893,000 | 1,076,000 | |||||||||||||||
interest | 79,782,000 | 67,095,000 | 91,615,000 | 119,897,000 | 99,465,000 | 165,859,000 | 15,422,000 | 105,544,000 | 81,026,000 | 76,908,000 | 65,720,000 | 21,515,000 | 6,670,000 | 3,893,000 | 2,399,000 | 2,854,000 | 3,798,000 | 6,221,000 | 15,491,000 | 11,211,000 | 10,485,000 | 19,804,000 | 19,364,000 | 18,329,000 | 20,009,000 | 17,447,000 | 14,411,000 | 12,566,000 | 10,532,000 | 8,534,000 | 6,351,000 | 5,921,000 | 5,605,000 | 3,827,000 | 3,361,000 | 2,584,000 | 2,549,000 | 2,201,000 | 1,638,000 | 1,624,000 | 1,418,000 | 1,233,000 | ||
noncash transactions: | ||||||||||||||||||||||||||||||||||||||||||||
transfer of loans to loans held for sale | 1,777,502,000 | 37,813,000 | 422,564,000 | 124,326,000 | 8,195,000 | -6,116,000 | 552,952,000 | 4,503,000 | 10,163,000 | 1,339,000 | 452,054,000 | 503,111,000 | -20,428,000 | 167,534,000 | 136,327,000 | 50,978,000 | 466,000 | 208,202,000 | 260,075,000 | -11,299,000 | 0 | |||||||||||||||||||||||
conversion of preferred stock into common stock | ||||||||||||||||||||||||||||||||||||||||||||
right of use lease assets and liabilities recognized | 875,000 | 3,764,000 | 3,440,000 | 168,000 | 0 | 0 | 847,000 | 172,000 | ||||||||||||||||||||||||||||||||||||
chargeoffs against allowance for credit losses - loans | 670,000 | 492,000 | 403,000 | 17,188,000 | 364,000 | 369,000 | 493,000 | 1,183,000 | ||||||||||||||||||||||||||||||||||||
chargeoffs against allowance for credit losses - securities | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||
mortgage servicing rights from loan sales | 0 | 0 | 0 | 0 | 2,329,000 | |||||||||||||||||||||||||||||||||||||||
provision (reversal) for credit losses - loans | 2,681,000 | 3,736,000 | ||||||||||||||||||||||||||||||||||||||||||
increase in deposits | -434,325,000 | -451,740,000 | -123,262,000 | 5,207,000 | 755,281,000 | -310,906,000 | 11,112,000 | 581,226,000 | 145,558,000 | -204,006,000 | -261,824,000 | 860,981,000 | 332,388,000 | 449,620,000 | -184,028,000 | 617,014,000 | 139,683,000 | -279,422,000 | 426,624,000 | 175,240,000 | 35,734,000 | -135,739,000 | 35,757,000 | 519,173,000 | 192,665,000 | -236,760,000 | 161,322,000 | 327,027,000 | 353,582,000 | 88,058,000 | 73,141,000 | 492,490,000 | 250,930,000 | 200,649,000 | 55,209,000 | 11,790,000 | 93,999,000 | |||||||
gain on sale of loans | -4,403,000 | 13,000 | -415,000 | -263,000 | 0 | -18,135,000 | 0 | 0 | 0 | 126,000 | 0 | -545,000 | -2,717,000 | -1,962,000 | -2,050,000 | -300,000 | -574,000 | -2,730,000 | ||||||||||||||||||||||||||
gain from hedging activities | 468,000 | 1,000 | -837,000 | -836,000 | -188,000 | -36,000 | -300,000 | -64,000 | -291,000 | |||||||||||||||||||||||||||||||||||
net increase in repurchase agreements | -1,055,000 | 12,027,000 | -8,221,000 | 113,000 | 7,713,000 | |||||||||||||||||||||||||||||||||||||||
goodwill impairment | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||
deferred tax (benefit) expense | -3,170,000 | -3,429,000 | 2,144,000 | |||||||||||||||||||||||||||||||||||||||||
amortization of (discount) premium on securities | -454,000 | -10,658,000 | -3,594,000 | |||||||||||||||||||||||||||||||||||||||||
valuation allowance on mortgage servicing rights - net | -330,000 | -462,000 | -307,000 | -672,000 | -428,000 | -118,000 | -201,000 | -235,000 | 825,000 | 1,346,000 | -37,000 | |||||||||||||||||||||||||||||||||
decrease (increase) in accrued interest receivable and other assets | -4,038,000 | |||||||||||||||||||||||||||||||||||||||||||
net decrease (increase) in loans | 102,404,000 | |||||||||||||||||||||||||||||||||||||||||||
purchases of securities htm | 0 | -88,844,000 | -83,008,000 | |||||||||||||||||||||||||||||||||||||||||
proceeds from redemption of securities | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||
proceeds from boli policy | ||||||||||||||||||||||||||||||||||||||||||||
net change in federal funds purchased | ||||||||||||||||||||||||||||||||||||||||||||
gain on sale leaseback | 0 | -12,000 | -1,111,000 | |||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of stock options | 1,000 | 0 | -1,000 | 158,000 | 0 | -1,000 | 19,000 | 879,000 | 1,061,000 | 465,000 | 354,000 | |||||||||||||||||||||||||||||||||
cash paid (refunds received) during the period for: | ||||||||||||||||||||||||||||||||||||||||||||
transfer of loans to loans held for investment | ||||||||||||||||||||||||||||||||||||||||||||
transfer of securities from available-for-sale to held-to-maturity | 0 | 0 | 916,777,000 | |||||||||||||||||||||||||||||||||||||||||
goodwill acquisition adjustment | 0 | 0 | 1,623,000 | |||||||||||||||||||||||||||||||||||||||||
transfer of loans to reo | 210,000 | |||||||||||||||||||||||||||||||||||||||||||
benefit from credit losses | 406,000 | |||||||||||||||||||||||||||||||||||||||||||
amortization of discount on securities | ||||||||||||||||||||||||||||||||||||||||||||
net decrease in line of credit | ||||||||||||||||||||||||||||||||||||||||||||
decrease in valuation of cash flow hedge | ||||||||||||||||||||||||||||||||||||||||||||
provision (reversal) for credit losses | 885,000 | |||||||||||||||||||||||||||||||||||||||||||
recovery of allowance for credit losses | 152,000 | 369,000 | 815,000 | 614,000 | 306,000 | 57,000 | 164,000 | 134,000 | 135,000 | 355,000 | 103,000 | 406,000 | 217,000 | 222,000 | 113,000 | 451,000 | ||||||||||||||||||||||||||||
net increase in fhlb & frb advances | 284,410,000 | |||||||||||||||||||||||||||||||||||||||||||
benefit from credit losses - loans | 500,000 | -310,000 | -1,136,000 | 13,412,000 | -1,398,000 | -194,000 | -1,273,000 | 2,279,000 | ||||||||||||||||||||||||||||||||||||
benefit from credit losses - securities afs | -270,000 | 483,000 | 344,000 | 301,000 | 982,000 | 238,000 | 1,633,000 | |||||||||||||||||||||||||||||||||||||
cash in from merger | ||||||||||||||||||||||||||||||||||||||||||||
net decrease (increase) in fhlb stock | -3,000 | |||||||||||||||||||||||||||||||||||||||||||
net increase in fhlb & other advances | 444,988,000 | 190,000,000 | -1,290,000,000 | 995,000,000 | ||||||||||||||||||||||||||||||||||||||||
charge-offs against allowance for credit losses - loans | ||||||||||||||||||||||||||||||||||||||||||||
charge-offs against allowance for credit losses - securities | ||||||||||||||||||||||||||||||||||||||||||||
acquisition: | ||||||||||||||||||||||||||||||||||||||||||||
assets acquired, net of cash received | ||||||||||||||||||||||||||||||||||||||||||||
liabilities assumed | ||||||||||||||||||||||||||||||||||||||||||||
cash considerations | ||||||||||||||||||||||||||||||||||||||||||||
stock consideration | ||||||||||||||||||||||||||||||||||||||||||||
goodwill | ||||||||||||||||||||||||||||||||||||||||||||
provision for credit losses - securities afs | 218,000 | 849,000 | -804,000 | 5,678,000 | ||||||||||||||||||||||||||||||||||||||||
deferred tax expense | 1,893,000 | 2,761,000 | -997,000 | -1,314,000 | 1,669,000 | -558,000 | -2,482,000 | -260,000 | 1,722,000 | 34,000 | -792,000 | -49,000 | 734,000 | 425,000 | 325,000 | 52,000 | 390,000 | 4,488,000 | -250,000 | -453,000 | 726,000 | 534,000 | ||||||||||||||||||||||
sale of fhlb and frb stock | 39,231,000 | -33,358,000 | 0 | 999,000 | ||||||||||||||||||||||||||||||||||||||||
line of credit net change – borrowings | 0 | 0 | -18,500,000 | 18,585,000 | ||||||||||||||||||||||||||||||||||||||||
reversal of provision for credit losses - loans | -432,000 | |||||||||||||||||||||||||||||||||||||||||||
decrease in accounts payable and other liabilities | -11,792,000 | 10,295,000 | -8,973,000 | -584,000 | -2,051,000 | -780,000 | ||||||||||||||||||||||||||||||||||||||
chargeoffs against allowance for credit losses | 2,003,000 | 145,000 | 1,197,000 | 219,000 | 194,000 | 214,000 | 451,000 | 338,000 | 525,000 | 530,000 | ||||||||||||||||||||||||||||||||||
earnings from investment in subsidiaries | ||||||||||||||||||||||||||||||||||||||||||||
increase in borrowings | ||||||||||||||||||||||||||||||||||||||||||||
amortization of premium on securities | 351,000 | 268,000 | 131,000 | |||||||||||||||||||||||||||||||||||||||||
increase in other assets | -26,154,000 | -11,800,000 | 5,318,000 | -4,297,000 | -24,181,000 | -34,210,000 | 6,577,000 | -3,911,000 | -7,355,000 | -826,000 | -160,000 | -2,226,000 | 887,000 | -5,847,000 | 5,463,000 | -1,326,000 | -1,868,000 | 2,393,000 | -2,550,000 | -45,000 | -1,339,000 | -237,000 | -220,000 | -706,000 | -503,000 | -1,397,000 | -184,000 | -451,000 | -432,000 | |||||||||||||||
net increase in loans | -931,509,000 | -1,525,250,000 | -490,869,000 | -559,791,000 | -222,412,000 | -519,817,000 | -321,271,000 | -168,932,000 | -30,501,000 | -331,320,000 | -263,552,000 | -174,402,000 | -193,967,000 | -292,863,000 | -141,346,000 | -343,475,000 | -140,128,000 | -347,609,000 | -298,019,000 | -348,899,000 | -280,819,000 | -321,989,000 | -286,518,000 | -340,150,000 | -301,054,000 | -419,583,000 | -287,499,000 | -223,702,000 | -127,630,000 | -63,888,000 | -92,700,000 | |||||||||||||
proceeds from sale of securities | 0 | 100,000 | ||||||||||||||||||||||||||||||||||||||||||
net increase in fhlb advances | 995,000,000 | -5,000,000 | -250,000,000 | -4,000,000 | -495,600,000 | -29,400,000 | 51,000,000 | |||||||||||||||||||||||||||||||||||||
operating lease liabilities recognized | ||||||||||||||||||||||||||||||||||||||||||||
net decrease in fhlb advances | ||||||||||||||||||||||||||||||||||||||||||||
decrease in cash and cash equivalents | -190,047,000 | -161,681,000 | -521,974,000 | |||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||||
amortization of premiums on purchased loans - net | 12,553,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||
loss on sale of securities | 0 | |||||||||||||||||||||||||||||||||||||||||||
sale (purchase) of fhlb and frb stock | ||||||||||||||||||||||||||||||||||||||||||||
payoff of acquired debt | ||||||||||||||||||||||||||||||||||||||||||||
settlement of swap | -626,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||
sale of fhlb stock | 0 | 16,424,000 | ||||||||||||||||||||||||||||||||||||||||||
line of credit net change – borrowings (paydowns) | 13,000,000 | -7,000,000 | -10,000,000 | 0 | -30,000,000 | -5,000,000 | 10,000,000 | -20,000,000 | ||||||||||||||||||||||||||||||||||||
decrease (increase) in other assets | 4,786,000 | |||||||||||||||||||||||||||||||||||||||||||
purchases of afs securities | 4,359,000 | -54,231,000 | -3,757,000 | -3,000,000 | -1,263,000 | -576,139,000 | -15,119,000 | -329,463,000 | -937,000 | -20,000,000 | ||||||||||||||||||||||||||||||||||
maturities of afs securities | 53,418,000 | 73,209,000 | 41,895,000 | 99,933,000 | 55,443,000 | 22,526,000 | 26,097,000 | 26,420,000 | 20,537,000 | 24,470,000 | 19,259,000 | 18,590,000 | 18,880,000 | 16,544,000 | ||||||||||||||||||||||||||||||
valuation allowance on mortgage servicing rights | ||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of stock | 263,000 | 7,000 | 0 | 645,000 | 147,000 | 38,000 | 97,000 | 213,000 | 524,000 | 12,286,000 | 13,074,000 | 12,812,000 | 1,419,000 | 1,095,000 | 1,635,000 | 927,000 | 130,820,000 | |||||||||||||||||||||||||||
sale (purchases) of fhlb stock | -2,430,000 | 351,000 | 1,974,000 | 3,510,000 | -2,427,000 | 3,148,000 | -3,566,000 | |||||||||||||||||||||||||||||||||||||
benefit from credit losses – securities afs | 1,800,000 | |||||||||||||||||||||||||||||||||||||||||||
amortization of mortgage servicing rights – net | 361,000 | 879,000 | 0 | 320,000 | 268,000 | 707,000 | -234,000 | |||||||||||||||||||||||||||||||||||||
amortization of premiums on purchased loans – net | -4,174,000 | -342,000 | ||||||||||||||||||||||||||||||||||||||||||
benefit from loan losses | 694,000 | 172,000 | 1,231,000 | 540,000 | 73,000 | 9,000 | 1,800,000 | 1,231,000 | 1,250,000 | 400,000 | 1,200,000 | 570,000 | 0 | 0 | ||||||||||||||||||||||||||||||
amortization of mortgage servicing rights | ||||||||||||||||||||||||||||||||||||||||||||
amortization of premiums (discounts) on purchased loans - net | ||||||||||||||||||||||||||||||||||||||||||||
(gain) income from hedging activities | ||||||||||||||||||||||||||||||||||||||||||||
recovery of allowance for loan losses | 85,000 | 1,407,000 | 155,000 | 208,000 | ||||||||||||||||||||||||||||||||||||||||
purchase of reo property | ||||||||||||||||||||||||||||||||||||||||||||
sale (purchase) of fhlb stock | -2,585,000 | -611,000 | ||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale and issuance of stock | ||||||||||||||||||||||||||||||||||||||||||||
chargeoffs (recoveries) against allowance for loans losses | 548,000 | 642,000 | 9,000 | 3,450,000 | 88,000 | -476,000 | 477,000 | -8,000 | -231,000 | |||||||||||||||||||||||||||||||||||
transfer from loans to reo | ||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of afs securities | 0 | |||||||||||||||||||||||||||||||||||||||||||
cash acquired in acquisition | -543,000 | |||||||||||||||||||||||||||||||||||||||||||
fhlb advances and other bank borrowings – net increase | -362,000,000 | |||||||||||||||||||||||||||||||||||||||||||
mortgage servicing rights created from loan sales | 317,000 | 3,034,000 | -1,193,000 | 113,000 | ||||||||||||||||||||||||||||||||||||||||
chargeoffs against allowance for loans losses | 1,279,000 | 1,900,000 | 70,000 | |||||||||||||||||||||||||||||||||||||||||
acquisition reconciliation – goodwill/deferred taxes | ||||||||||||||||||||||||||||||||||||||||||||
amortization of discounts (premiums) on purchased loans – net | -2,171,000 | 654,000 | ||||||||||||||||||||||||||||||||||||||||||
fhlb advances – net increase | 92,000,000 | -67,570,000 | 111,000,000 | -30,035,000 | 13,000,000 | 305,000,000 | -163,000,000 | 217,000,000 | ||||||||||||||||||||||||||||||||||||
transfer of loans to (from) loans held for sale | 101,397,000 | 46,338,000 | -44,521,000 | |||||||||||||||||||||||||||||||||||||||||
gain on sale of securities | 0 | -310,000 | ||||||||||||||||||||||||||||||||||||||||||
income from hedging activities | ||||||||||||||||||||||||||||||||||||||||||||
accretion of discounts on purchased loans – net | ||||||||||||||||||||||||||||||||||||||||||||
purchases of premises and equipment | -647,000 | -111,000 | -1,052,000 | -782,000 | -2,193,000 | -393,000 | -79,000 | |||||||||||||||||||||||||||||||||||||
fhlb advances – net decrease | -668,000,000 | |||||||||||||||||||||||||||||||||||||||||||
c1b acquisition reconciliation – goodwill/deferred taxes | 0 | 0 | 300,000 | |||||||||||||||||||||||||||||||||||||||||
accretion of premiums on purchased loans – net | ||||||||||||||||||||||||||||||||||||||||||||
cash acquired in acqusition | ||||||||||||||||||||||||||||||||||||||||||||
provision for loan losses | 1,688,000 | 900,000 | 701,000 | 1,092,000 | 69,000 | |||||||||||||||||||||||||||||||||||||||
term note - borrowings | ||||||||||||||||||||||||||||||||||||||||||||
term note - payments | ||||||||||||||||||||||||||||||||||||||||||||
borrowings on line of credit | ||||||||||||||||||||||||||||||||||||||||||||
accretion of discounts on purchased loans | -86,000 | -267,000 | -77,000 | -432,000 | -228,000 | -95,000 | ||||||||||||||||||||||||||||||||||||||
gain on sale of capital market activities | ||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of securities afs | 64,690,000 | 0 | 39,456,000 | |||||||||||||||||||||||||||||||||||||||||
maturities/payments – securities afs | ||||||||||||||||||||||||||||||||||||||||||||
purchases (net of redemptions) of fhlb stock | 5,322,000 | -351,000 | -4,530,000 | |||||||||||||||||||||||||||||||||||||||||
proceeds – term note | -10,000,000 | 5,000,000 | 20,000,000 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||
loss on sale of capital market activities | ||||||||||||||||||||||||||||||||||||||||||||
net cash provided (used in) by financing activities | ||||||||||||||||||||||||||||||||||||||||||||
gain on capital market activities | ||||||||||||||||||||||||||||||||||||||||||||
purchase of securities afs | -1,654,000 | -27,278,000 | -217,853,000 | -20,444,000 | ||||||||||||||||||||||||||||||||||||||||
amortization of (discounts) premiums on purchased loans - net | ||||||||||||||||||||||||||||||||||||||||||||
purchase of note on reo property | ||||||||||||||||||||||||||||||||||||||||||||
deferred tax provision | 763,000 | -383,000 | -88,000 | |||||||||||||||||||||||||||||||||||||||||
maturities / payments – securities afs | 23,585,000 | |||||||||||||||||||||||||||||||||||||||||||
principal payments – term note | -29,250,000 | -597,000 | ||||||||||||||||||||||||||||||||||||||||||
recoveries (net of chargeoffs) added to allowance for loans losses | ||||||||||||||||||||||||||||||||||||||||||||
mortgage servicing rights created from sale of loans | ||||||||||||||||||||||||||||||||||||||||||||
principal payments – securities afs | 13,877,000 | |||||||||||||||||||||||||||||||||||||||||||
net (purchases) redemptions of fhlb stock | 4,401,000 | |||||||||||||||||||||||||||||||||||||||||||
amortization of discounts (premiums) on purchased loans - net | ||||||||||||||||||||||||||||||||||||||||||||
benefit from reo losses | ||||||||||||||||||||||||||||||||||||||||||||
increase/(decrease) in accounts payable and other liabilities | ||||||||||||||||||||||||||||||||||||||||||||
purchase of loan secured by reo property | 0 | |||||||||||||||||||||||||||||||||||||||||||
maturity / sale / payments – securities afs | 4,123,000 | 3,250,000 | ||||||||||||||||||||||||||||||||||||||||||
transfer of foreclosed loans to reo | ||||||||||||||||||||||||||||||||||||||||||||
amortization of discounts on purchased loans | ||||||||||||||||||||||||||||||||||||||||||||
purchase of afs securities | ||||||||||||||||||||||||||||||||||||||||||||
transfer of foreclosed loan to reo | ||||||||||||||||||||||||||||||||||||||||||||
cash from acquisition | ||||||||||||||||||||||||||||||||||||||||||||
amortization of discounts on purchased loans - net | ||||||||||||||||||||||||||||||||||||||||||||
fhlb advances – net change | 21,000,000 | |||||||||||||||||||||||||||||||||||||||||||
redemption of fhlb stock | ||||||||||||||||||||||||||||||||||||||||||||
maturity / sale of afs securities | ||||||||||||||||||||||||||||||||||||||||||||
net increase in borrowings |