OFG Bancorp(NYSE:OFG) 
OFG Bancorp, a financial holding company, provides a range of banking and financial services. It operates through three segments: Banking, Wealth Management, and Treasury. The company offers checking and savings accounts, as well as time deposit products; commercial, consumer, auto, and mortgage len...
Website: http://www.ofgbancorp.com
Founded: 1964
Full Time Employees: 2,405
Sector: Financial Services
Industry: Banks-Regional
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 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 | 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 | 2017-03-31 | 2016-12-31 | 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 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-09-30 | 2005-06-30 |
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interest income: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans | 158,554,000 | 161,334,000 | 156,987,000 | 153,408,000 | 154,410,000 | 154,257,000 | 149,594,000 | 142,139,000 | 135,518,000 | 128,311,000 | 116,240,000 | 111,357,000 | 107,565,000 | 107,937,000 | 110,061,000 | 108,211,000 | 112,047,000 | 118,532,000 | 85,772,000 | 85,080,000 | 84,119,000 | 237,365,000 | 84,016,000 | 78,429,000 | 74,612,000 | 229,954,000 | 82,467,000 | 77,650,000 | 79,675,000 | 81,152,000 | 270,358,000 | 97,264,000 | 8,586,750 | 34,347,000 | 31,065,000 | 17,598,000 | 18,251,000 | 18,707,000 | 18,320,000 | 19,971,000 | 19,682,000 | 19,828,000 | 21,699,000 | 22,315,000 | 21,849,000 | 20,819,000 | 18,311,000 | 16,253,000 | 15,218,000 | ||||||||||||||||||||||||||||||
mortgage-backed securities | 29,123,000 | 29,244,000 | 28,222,000 | 28,457,000 | 23,935,000 | 20,893,000 | 19,793,000 | 12,556,000 | 10,593,000 | 10,074,000 | 9,665,000 | 7,438,000 | 4,321,000 | 3,060,000 | 2,556,000 | 2,041,000 | 1,498,000 | 1,619,000 | 3,553,000 | 5,987,000 | 7,925,000 | 23,017,000 | 8,173,000 | 8,034,000 | 7,051,000 | 20,749,000 | 6,245,000 | 7,206,000 | 7,220,000 | 8,997,000 | 26,201,000 | 9,137,000 | 7,998,000 | 8,590,000 | 33,994,000 | 10,842,000 | 11,984,000 | 12,417,000 | 31,265,000 | 9,662,000 | 9,080,000 | 10,818,000 | 64,198,000 | 24,310,000 | 22,011,000 | 28,326,000 | 118,409,000 | 33,515,000 | 51,021,000 | 43,738,000 | 121,089,000 | 40,429,000 | 41,519,000 | 43,594,000 | 48,750,000 | 51,721,000 | 50,708,000 | 47,040,000 | 47,765,000 | 39,501,000 | 28,480,000 | 25,268,000 | 25,498,000 | 26,030,000 | 23,887,000 | 24,500,000 | 21,655,000 | ||||||||||||
investment securities and other | 6,449,000 | 9,567,000 | 9,138,000 | 7,357,000 | 10,685,000 | 12,508,000 | 14,039,000 | 11,013,000 | 11,877,000 | 10,600,000 | 8,770,000 | 3,427,000 | 1,063,000 | 1,142,000 | 846,000 | 730,000 | 1,392,000 | 1,541,000 | 4,330,000 | 3,188,000 | 2,666,000 | 5,900,000 | 1,948,000 | 1,543,000 | 1,507,000 | 4,589,000 | 1,643,000 | 1,322,000 | 1,013,000 | 1,157,000 | 2,762,000 | 846,000 | 911,000 | 928,000 | 3,957,000 | 911,000 | 973,000 | 2,026,000 | 6,676,000 | 2,127,000 | 2,118,000 | 2,318,000 | 5,772,000 | 1,129,000 | 1,212,000 | 1,929,000 | 6,468,000 | 2,638,000 | 2,152,000 | 2,105,000 | 20,370,000 | 6,445,000 | 8,925,000 | 9,105,000 | 11,552,000 | 11,623,000 | 14,903,000 | 17,733,000 | 17,711,000 | 22,772,000 | 24,747,000 | 23,218,000 | |||||||||||||||||
total interest income | 194,126,000 | 200,145,000 | 194,347,000 | 189,222,000 | 189,030,000 | 187,658,000 | 183,426,000 | 165,708,000 | 157,988,000 | 148,985,000 | 134,675,000 | 122,222,000 | 112,949,000 | 112,139,000 | 113,463,000 | 110,982,000 | 114,937,000 | 121,692,000 | 93,655,000 | 94,255,000 | 94,710,000 | 266,282,000 | 94,137,000 | 88,006,000 | 83,170,000 | 255,292,000 | 90,355,000 | 86,178,000 | 87,908,000 | 91,306,000 | 299,321,000 | 107,247,000 | 99,413,000 | 107,001,000 | 364,956,000 | 120,301,000 | 125,900,000 | 123,074,000 | 372,990,000 | 120,642,000 | 125,808,000 | 113,628,000 | 195,094,000 | 65,686,000 | 60,788,000 | 69,919,000 | 225,366,000 | 71,662,000 | 82,202,000 | 77,910,000 | 222,580,000 | 81,221,000 | 81,509,000 | 70,297,000 | 78,553,000 | 82,051,000 | 83,931,000 | 84,744,000 | 85,158,000 | 82,101,000 | 74,926,000 | 70,801,000 | 61,500,000 | 60,865,000 | 56,894,000 | 55,992,000 | 50,813,000 | ||||||||||||
interest expense: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deposits | 33,868,000 | 39,742,000 | 37,879,000 | 36,292,000 | 38,344,000 | 37,812,000 | 36,792,000 | 20,819,000 | 15,916,000 | 12,497,000 | 7,987,000 | 6,944,000 | 7,041,000 | 8,691,000 | 10,460,000 | 12,024,000 | 14,620,000 | 15,445,000 | 10,554,000 | 9,991,000 | 9,049,000 | 24,348,000 | 8,605,000 | 7,651,000 | 7,298,000 | 22,697,000 | 7,601,000 | 7,353,000 | 7,367,000 | 7,124,000 | 20,383,000 | 6,651,000 | 6,604,000 | 7,104,000 | 26,293,000 | 7,661,000 | 9,165,000 | 8,978,000 | 29,643,000 | 11,334,000 | 9,973,000 | 10,478,000 | 24,294,000 | 7,308,000 | 7,964,000 | 9,153,000 | 34,087,000 | 11,558,000 | 11,588,000 | 12,214,000 | 35,855,000 | 12,680,000 | 11,927,000 | 11,243,000 | 13,990,000 | 14,149,000 | 13,823,000 | 12,202,000 | 12,265,000 | 12,429,000 | 13,561,000 | 13,601,000 | 12,370,000 | 11,931,000 | 11,146,000 | 10,498,000 | 9,589,000 | ||||||||||||
securities sold under agreements to repurchase | 1,855,000 | 986,000 | 120,000 | 710,000 | 728,000 | 335,000 | 1,342,000 | 2,106,000 | 2,785,000 | 5,552,000 | 2,242,000 | 1,840,000 | 1,076,000 | 5,941,000 | 1,282,000 | 3,245,000 | 4,258,000 | 6,099,000 | 21,962,000 | 7,605,000 | 7,394,000 | 7,164,000 | 22,201,000 | 7,453,000 | 7,372,000 | 7,411,000 | 22,038,000 | 7,211,000 | 7,109,000 | 7,248,000 | 3,836,000 | 15,344,000 | 16,586,000 | 17,570,000 | 70,073,000 | 23,206,000 | 23,512,000 | 24,159,000 | 75,481,000 | 25,128,000 | 25,487,000 | 25,285,000 | 27,209,000 | 27,929,000 | 35,799,000 | 40,456,000 | 40,208,000 | 40,240,000 | 37,405,000 | 36,546,000 | 32,789,000 | 36,035,000 | 31,128,000 | 26,363,000 | 20,132,000 | ||||||||||||||||||||||||
advances from fhlb and other borrowings | 4,590,000 | 4,693,000 | 4,420,000 | 3,149,000 | 2,811,000 | 2,521,000 | 2,532,000 | 2,374,000 | 2,428,000 | 591,000 | 178,000 | 184,000 | 193,000 | 450,000 | 452,000 | 459,000 | 476,000 | 505,000 | 550,000 | 559,000 | 563,000 | 1,358,000 | 517,000 | 448,000 | 374,000 | 1,802,000 | 596,000 | 596,000 | 2,098,000 | 2,240,000 | 6,789,000 | 2,283,000 | 2,248,000 | 2,235,000 | 6,871,000 | 2,314,000 | 2,289,000 | 2,295,000 | 6,299,000 | 2,321,000 | 2,187,000 | 1,660,000 | 8,398,000 | 2,508,000 | 2,841,000 | 3,097,000 | 9,226,000 | 3,121,000 | 3,061,000 | 3,049,000 | 9,166,000 | 3,082,000 | 3,053,000 | 3,012,000 | 3,106,000 | 3,075,000 | 3,096,000 | ||||||||||||||||||||||
total interest expense | 40,313,000 | 45,421,000 | 42,419,000 | 40,151,000 | 41,155,000 | 40,333,000 | 39,324,000 | 23,921,000 | 18,344,000 | 13,088,000 | 8,165,000 | 7,128,000 | 7,755,000 | 9,434,000 | 11,206,000 | 12,778,000 | 15,404,000 | 16,632,000 | 12,945,000 | 13,170,000 | 12,921,000 | 32,665,000 | 11,860,000 | 10,418,000 | 9,176,000 | 31,598,000 | 9,877,000 | 11,560,000 | 14,596,000 | 16,331,000 | 51,772,000 | 17,424,000 | 17,121,000 | 17,366,000 | 58,352,000 | 18,430,000 | 19,822,000 | 19,676,000 | 61,950,000 | 22,010,000 | 20,439,000 | 21,046,000 | 79,988,000 | 25,483,000 | 27,712,000 | 31,057,000 | 117,375,000 | 39,211,000 | 39,490,000 | 40,745,000 | 125,540,000 | 43,061,000 | 42,857,000 | 40,859,000 | 45,659,000 | 46,563,000 | 53,266,000 | 56,703,000 | 56,723,000 | 57,192,000 | 55,276,000 | 53,111,000 | 48,234,000 | 51,912,000 | 46,186,000 | 40,780,000 | 33,485,000 | ||||||||||||
net interest income | 153,813,000 | 154,724,000 | 151,928,000 | 149,071,000 | 147,875,000 | 147,325,000 | 144,102,000 | 141,787,000 | 139,644,000 | 135,897,000 | 126,510,000 | 115,094,000 | 105,194,000 | 102,705,000 | 102,257,000 | 98,204,000 | 99,533,000 | 105,060,000 | 80,710,000 | 81,085,000 | 81,789,000 | 233,617,000 | 82,277,000 | 77,588,000 | 73,994,000 | 223,694,000 | 80,478,000 | 74,618,000 | 73,312,000 | 74,975,000 | 247,549,000 | 89,823,000 | 82,292,000 | 89,635,000 | 306,604,000 | 101,871,000 | 106,078,000 | 103,398,000 | 311,040,000 | 98,632,000 | 105,369,000 | 92,582,000 | 115,106,000 | 40,203,000 | 33,076,000 | 38,862,000 | 107,991,000 | 32,451,000 | 42,712,000 | 37,165,000 | 97,040,000 | 38,160,000 | 38,652,000 | 29,438,000 | 32,894,000 | 35,488,000 | 30,665,000 | 28,041,000 | 28,435,000 | 24,909,000 | 19,650,000 | 17,690,000 | 13,266,000 | 8,953,000 | 10,708,000 | 15,212,000 | 17,328,000 | ||||||||||||
provision for credit losses | 22,483,000 | 28,258,000 | 21,678,000 | 25,688,000 | 21,359,000 | 15,581,000 | 15,121,000 | 16,430,000 | 15,044,000 | 9,445,000 | 1,551,000 | 6,324,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net interest income after provision for credit losses | 131,330,000 | 126,466,000 | 130,250,000 | 123,383,000 | 126,516,000 | 131,744,000 | 128,981,000 | 125,357,000 | 124,600,000 | 126,452,000 | 119,390,000 | 108,403,000 | 103,643,000 | 91,880,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-interest income: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
banking service revenue | 16,944,000 | 15,930,000 | 15,982,000 | 15,981,000 | 15,554,000 | 18,781,000 | 17,259,000 | 17,303,000 | 17,440,000 | 17,513,000 | 17,234,000 | 18,141,000 | 17,562,000 | 18,198,000 | 18,248,000 | 16,493,000 | 16,297,000 | 13,668,000 | 10,813,000 | 10,776,000 | 10,465,000 | 32,841,000 | 10,797,000 | 11,144,000 | 10,463,000 | 29,545,000 | 9,923,000 | 10,626,000 | 10,219,000 | 10,118,000 | 30,640,000 | 10,826,000 | 10,212,000 | 10,205,000 | 30,959,000 | 9,753,000 | 9,995,000 | 10,606,000 | 32,014,000 | 12,642,000 | 13,334,000 | 12,382,000 | |||||||||||||||||||||||||||||||||||||
wealth management revenue | 8,913,000 | 9,014,000 | 8,918,000 | 8,455,000 | 8,449,000 | 8,440,000 | 8,107,000 | 7,691,000 | 8,194,000 | 7,120,000 | 8,173,000 | 8,270,000 | 7,857,000 | 7,619,000 | 8,263,000 | 7,388,000 | 7,272,000 | 6,366,000 | 6,611,000 | 6,669,000 | 5,882,000 | 19,527,000 | 6,407,000 | 6,262,000 | 6,019,000 | 19,774,000 | 6,016,000 | 6,215,000 | 7,041,000 | 6,152,000 | 22,155,000 | 6,885,000 | 7,285,000 | 7,155,000 | 22,742,000 | 7,113,000 | 7,336,000 | ||||||||||||||||||||||||||||||||||||||||||
mortgage banking activities | 6,131,000 | 4,312,000 | 5,347,000 | 4,776,000 | 2,268,000 | 4,864,000 | 4,693,000 | 5,410,000 | 5,225,000 | 3,898,000 | 4,891,000 | 4,803,000 | 5,782,000 | 6,195,000 | 4,537,000 | 5,571,000 | 3,917,000 | 3,072,000 | 1,118,000 | 629,000 | 1,206,000 | 3,525,000 | 1,242,000 | 988,000 | 1,757,000 | 2,776,000 | 1,274,000 | 587,000 | 1,024,000 | 855,000 | 5,136,000 | 992,000 | 1,862,000 | 1,863,000 | 5,284,000 | 2,097,000 | 1,554,000 | 1,950,000 | 7,591,000 | 2,098,000 | 2,525,000 | 3,153,000 | 7,501,000 | 2,204,000 | 2,436,000 | 2,502,000 | 7,253,000 | 2,623,000 | 2,435,000 | 1,959,000 | 6,136,000 | 3,418,000 | 2,339,000 | 1,797,000 | 2,232,000 | 2,806,000 | 2,153,000 | 910,000 | 545,000 | 1,006,000 | 1,010,000 | 170,000 | 62,000 | 1,122,000 | 634,000 | 436,000 | 1,068,000 | ||||||||||||
total banking and financial service revenues | 31,988,000 | 29,256,000 | 30,247,000 | 29,212,000 | 26,271,000 | 32,085,000 | 30,059,000 | 30,404,000 | 30,859,000 | 28,531,000 | 30,298,000 | 31,214,000 | 31,201,000 | 32,012,000 | 31,048,000 | 29,452,000 | 27,486,000 | 23,106,000 | 18,542,000 | 18,074,000 | 17,553,000 | 55,893,000 | 18,446,000 | 18,394,000 | 18,239,000 | 52,095,000 | 17,213,000 | 17,428,000 | 18,284,000 | 17,125,000 | 57,931,000 | 18,703,000 | 19,359,000 | 19,223,000 | 58,985,000 | 18,963,000 | 18,885,000 | 19,423,000 | 63,135,000 | 22,134,000 | 23,889,000 | 7,422,000 | 7,418,000 | 7,701,000 | |||||||||||||||||||||||||||||||||||
other non-interest income | 179,000 | 2,197,000 | 184,000 | 305,000 | 597,000 | 391,000 | 296,000 | 295,000 | 363,000 | 370,000 | 322,000 | 4,996,000 | 405,000 | 505,000 | 1,143,000 | 955,000 | 375,000 | 647,000 | 138,000 | 105,000 | 103,000 | 5,582,000 | 174,000 | 309,000 | 275,000 | 333,000 | 695,000 | 162,000 | 90,000 | 414,000 | -2,053,000 | -193,000 | -847,000 | -1,740,000 | 918,000 | 455,000 | 224,000 | 454,000 | 2,444,000 | -1,774,000 | |||||||||||||||||||||||||||||||||||||||
total non-interest income | 32,167,000 | 31,453,000 | 30,431,000 | 29,517,000 | 26,868,000 | 32,476,000 | 30,348,000 | 30,699,000 | 30,073,000 | 28,901,000 | 30,620,000 | 36,210,000 | 31,606,000 | 32,517,000 | 32,191,000 | 30,407,000 | 31,326,000 | 27,152,000 | 22,178,000 | 22,948,000 | 17,656,000 | 61,475,000 | 18,620,000 | 18,703,000 | 18,514,000 | 60,775,000 | 17,912,000 | 19,074,000 | 15,155,000 | 13,503,000 | 16,495,000 | 35,977,000 | -4,656,000 | 6,881,000 | 14,832,000 | 2,491,000 | 507,000 | 5,278,000 | 13,692,000 | 3,821,000 | 7,796,000 | 9,256,000 | 10,354,000 | 13,652,000 | 17,212,000 | 12,970,000 | 13,801,000 | 17,188,000 | 16,860,000 | 7,527,000 | 15,438,000 | -10,308,000 | 12,303,000 | 8,077,000 | 16,320,000 | 46,051,000 | 17,246,000 | -57,016,000 | 6,650,000 | 8,864,000 | 7,134,000 | 7,796,000 | 15,251,000 | 9,885,000 | 7,521,000 | 8,953,000 | 7,825,000 | ||||||||||||
non-interest expense: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
compensation and employee benefits | 41,347,000 | 39,836,000 | 39,565,000 | 39,932,000 | 38,468,000 | 38,467,000 | 39,816,000 | 38,095,000 | 37,841,000 | 38,473,000 | 35,332,000 | 34,730,000 | 34,768,000 | 33,745,000 | 32,919,000 | 32,618,000 | 31,955,000 | 34,506,000 | 20,500,000 | 19,875,000 | 20,341,000 | 58,029,000 | 18,495,000 | 18,099,000 | 20,608,000 | 59,869,000 | 19,882,000 | 20,347,000 | 18,531,000 | 20,284,000 | 58,157,000 | 21,015,000 | 19,260,000 | 20,180,000 | 66,691,000 | 18,592,000 | 20,707,000 | 21,787,000 | 69,367,000 | 22,590,000 | 24,089,000 | 23,249,000 | 34,455,000 | 11,323,000 | 11,184,000 | 10,365,000 | 33,959,000 | 11,593,000 | 11,230,000 | 11,688,000 | 29,991,000 | 11,732,000 | 10,427,000 | 8,250,000 | 7,742,000 | 7,824,000 | 6,241,000 | 5,627,000 | |||||||||||||||||||||
occupancy, equipment and infrastructure costs | 13,418,000 | 14,994,000 | 14,629,000 | 14,820,000 | 15,124,000 | 14,393,000 | 14,322,000 | 14,887,000 | 14,362,000 | 14,257,000 | 12,638,000 | 12,861,000 | 11,916,000 | 12,078,000 | 12,528,000 | 13,128,000 | 11,943,000 | 11,837,000 | 7,307,000 | 7,511,000 | 7,746,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
electronic banking charges | 8,604,000 | 12,657,000 | 12,276,000 | 9,670,000 | 9,237,000 | 11,687,000 | 10,366,000 | 10,662,000 | 10,262,000 | 10,337,000 | 9,965,000 | 9,722,000 | 9,786,000 | 9,615,000 | 9,316,000 | 8,232,000 | 8,734,000 | 7,962,000 | 5,505,000 | 5,128,000 | 5,065,000 | 15,648,000 | 5,586,000 | 5,415,000 | 4,966,000 | 14,301,000 | 5,021,000 | 4,902,000 | 4,947,000 | 5,589,000 | 16,397,000 | 5,496,000 | 5,851,000 | 5,367,000 | 14,444,000 | 4,637,000 | 4,796,000 | 4,743,000 | 13,138,000 | 3,729,000 | 4,094,000 | 3,728,000 | 5,015,000 | 1,415,000 | 1,609,000 | 1,558,000 | 4,334,000 | 1,375,000 | 1,155,000 | 1,454,000 | 3,182,000 | 1,322,000 | 1,113,000 | 678,000 | 471,000 | 596,000 | 540,000 | 428,000 | 396,000 | 418,000 | 431,000 | 457,000 | 458,000 | 489,000 | 494,000 | 468,000 | 388,000 | ||||||||||||
information technology expenses | 6,597,000 | 6,805,000 | 6,678,000 | 6,287,000 | 6,899,000 | 6,565,000 | 6,603,000 | 7,106,000 | 7,188,000 | 6,418,000 | 5,270,000 | 5,528,000 | 4,804,000 | 3,621,000 | 5,532,000 | 4,254,000 | 5,381,000 | 3,944,000 | 2,247,000 | 2,200,000 | 2,507,000 | 6,171,000 | 2,056,000 | 2,000,000 | 2,009,000 | 5,964,000 | 2,046,000 | 1,998,000 | 1,606,000 | 1,657,000 | 4,284,000 | 1,364,000 | 1,543,000 | 1,454,000 | 4,730,000 | 1,289,000 | 1,485,000 | 1,815,000 | |||||||||||||||||||||||||||||||||||||||||
professional and service fees | 6,214,000 | 5,336,000 | 4,813,000 | 5,118,000 | 4,976,000 | 5,117,000 | 4,004,000 | 4,810,000 | 5,319,000 | 5,064,000 | 6,441,000 | 7,362,000 | 5,421,000 | 5,003,000 | 5,399,000 | 4,536,000 | 3,331,000 | 3,475,000 | 3,662,000 | 3,427,000 | 3,208,000 | 9,365,000 | 3,077,000 | 3,146,000 | 2,694,000 | 9,293,000 | 3,113,000 | 3,237,000 | 3,511,000 | 3,626,000 | 12,217,000 | 4,000,000 | 4,143,000 | 4,181,000 | 12,189,000 | 3,807,000 | 3,512,000 | 4,206,000 | 24,728,000 | 7,138,000 | 7,710,000 | 9,122,000 | 16,495,000 | 5,779,000 | 5,144,000 | 5,298,000 | 16,437,000 | 5,305,000 | 5,750,000 | 5,451,000 | 11,011,000 | 5,480,000 | 3,920,000 | 2,153,000 | 2,459,000 | 2,394,000 | 2,608,000 | 2,457,000 | 2,267,000 | 1,880,000 | 1,543,000 | 1,984,000 | 1,538,000 | 1,804,000 | 1,601,000 | 1,624,000 | 1,693,000 | ||||||||||||
taxes, other than payroll and income taxes | 4,133,000 | 4,153,000 | 3,743,000 | 3,726,000 | 3,742,000 | 3,224,000 | 3,243,000 | 3,407,000 | 3,265,000 | 3,273,000 | 3,324,000 | 3,266,000 | 3,307,000 | 3,257,000 | 3,617,000 | 3,661,000 | 3,774,000 | 3,171,000 | 2,235,000 | 2,142,000 | 2,154,000 | 6,842,000 | 2,175,000 | 2,384,000 | 2,260,000 | 6,944,000 | 2,243,000 | 2,372,000 | 2,330,000 | 2,671,000 | 6,811,000 | 2,649,000 | 2,703,000 | 1,479,000 | 10,915,000 | 3,494,000 | 3,776,000 | 3,735,000 | 11,515,000 | 4,024,000 | 5,132,000 | 2,622,000 | 2,411,000 | 1,091,000 | -107,000 | 1,174,000 | 3,537,000 | 1,184,000 | 858,000 | 1,380,000 | 3,495,000 | 1,611,000 | 1,291,000 | 857,000 | 834,000 | 649,000 | 646,000 | 644,000 | 607,000 | 611,000 | 607,000 | 489,000 | 448,000 | 440,000 | 573,000 | 600,000 | 597,000 | ||||||||||||
insurance | 2,873,000 | 2,721,000 | 3,025,000 | 2,766,000 | 2,821,000 | 3,117,000 | 2,676,000 | 2,433,000 | 2,689,000 | 2,918,000 | 2,394,000 | 2,429,000 | 2,635,000 | 2,530,000 | 2,673,000 | 2,455,000 | 2,428,000 | 2,761,000 | -366,000 | 1,277,000 | 1,146,000 | 4,629,000 | 1,620,000 | 1,482,000 | 1,478,000 | 4,171,000 | 1,052,000 | 1,600,000 | 3,155,000 | 3,150,000 | 7,304,000 | 2,263,000 | 2,251,000 | 1,953,000 | 6,731,000 | 2,099,000 | 2,333,000 | 2,074,000 | 6,967,000 | 1,828,000 | 2,723,000 | 2,678,000 | 5,148,000 | 1,594,000 | 1,442,000 | 1,820,000 | 5,340,000 | 1,302,000 | 1,646,000 | 1,985,000 | 5,355,000 | 1,651,000 | 1,733,000 | 1,833,000 | 1,273,000 | 3,472,000 | 815,000 | 618,000 | 579,000 | 602,000 | 210,000 | 211,000 | 216,000 | 220,000 | 219,000 | 213,000 | |||||||||||||
advertising, business promotion, and strategic initiatives | 3,016,000 | 2,875,000 | 2,544,000 | 2,617,000 | 2,469,000 | 2,445,000 | 2,379,000 | 2,206,000 | 2,063,000 | 2,036,000 | 1,926,000 | 1,827,000 | 2,062,000 | 1,646,000 | 1,707,000 | 1,431,000 | 1,481,000 | 1,533,000 | 1,333,000 | 1,315,000 | 1,211,000 | 3,755,000 | 1,329,000 | 1,024,000 | 1,347,000 | 4,211,000 | 1,405,000 | 1,361,000 | 1,343,000 | 1,443,000 | 4,875,000 | 1,577,000 | 1,558,000 | 1,629,000 | 5,189,000 | 1,825,000 | 1,669,000 | 1,781,000 | 5,554,000 | 1,471,000 | 1,670,000 | 1,409,000 | 4,660,000 | 1,594,000 | 1,564,000 | 848,000 | 4,289,000 | 1,686,000 | 1,508,000 | ||||||||||||||||||||||||||||||
loan servicing and clearing expenses | 2,564,000 | 2,288,000 | 2,172,000 | 2,234,000 | 1,806,000 | 1,890,000 | 2,110,000 | 1,715,000 | 1,866,000 | 2,267,000 | 2,144,000 | 2,243,000 | 1,922,000 | 1,908,000 | 1,942,000 | 1,841,000 | 2,345,000 | 1,148,000 | 1,194,000 | 1,160,000 | 1,209,000 | 3,559,000 | 1,251,000 | 1,227,000 | 1,161,000 | 3,559,000 | 1,134,000 | 1,189,000 | 1,926,000 | 2,081,000 | 7,099,000 | 1,976,000 | 2,594,000 | 2,353,000 | 5,697,000 | 1,870,000 | 1,669,000 | 2,060,000 | 5,455,000 | 2,133,000 | 1,884,000 | 1,475,000 | 2,702,000 | 607,000 | 955,000 | 967,000 | 3,004,000 | 975,000 | 1,076,000 | 1,021,000 | |||||||||||||||||||||||||||||
communication | 1,099,000 | 1,080,000 | 1,221,000 | 1,120,000 | 1,068,000 | 1,219,000 | 1,081,000 | 1,040,000 | 1,160,000 | 1,029,000 | 982,000 | 1,132,000 | 1,116,000 | 1,327,000 | 1,039,000 | 966,000 | 1,117,000 | 905,000 | 956,000 | 859,000 | 741,000 | 2,520,000 | 927,000 | 815,000 | 885,000 | 2,560,000 | 855,000 | 914,000 | 581,000 | 819,000 | 2,312,000 | 774,000 | 770,000 | 691,000 | 2,610,000 | 820,000 | 813,000 | 957,000 | 2,595,000 | 782,000 | 835,000 | 864,000 | 1,208,000 | 419,000 | 415,000 | 412,000 | 1,232,000 | 391,000 | 425,000 | 397,000 | 1,735,000 | 826,000 | 740,000 | 342,000 | 382,000 | 402,000 | 379,000 | 314,000 | 325,000 | 325,000 | 354,000 | 308,000 | 338,000 | 419,000 | 395,000 | 447,000 | 413,000 | ||||||||||||
printing, postage, stationery and supplies | 1,487,000 | 1,022,000 | 983,000 | 1,147,000 | 1,046,000 | 939,000 | 959,000 | 922,000 | 866,000 | 730,000 | 878,000 | 785,000 | 972,000 | 292,000 | 362,000 | 282,000 | 889,000 | 299,000 | 292,000 | 194,000 | 214,000 | 245,000 | 277,000 | 177,000 | 189,000 | 202,000 | 259,000 | 359,000 | 186,000 | 259,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
director and investor relations | 313,000 | 296,000 | 279,000 | 269,000 | 520,000 | 258,000 | 261,000 | 346,000 | 249,000 | 243,000 | 324,000 | 300,000 | 302,000 | 316,000 | 374,000 | 330,000 | 230,000 | 866,000 | 223,000 | 337,000 | 240,000 | 851,000 | 221,000 | 280,000 | 301,000 | 278,000 | 845,000 | 246,000 | 289,000 | 294,000 | 856,000 | 250,000 | 293,000 | 251,000 | 868,000 | 230,000 | 377,000 | 236,000 | 881,000 | 158,000 | 342,000 | 309,000 | 953,000 | 352,000 | |||||||||||||||||||||||||||||||||||
foreclosed real estate and other repossessed assets expenses | -114,000 | -521,000 | 1,028,000 | -1,404,000 | -50,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other | 3,152,000 | 3,006,000 | 2,843,000 | 2,987,000 | 2,672,000 | 4,628,000 | 2,906,000 | 2,633,000 | 3,807,000 | 2,367,000 | 3,938,000 | 3,332,000 | 2,678,000 | 4,013,000 | 2,881,000 | 1,308,000 | 3,465,000 | 7,048,000 | 663,000 | 2,008,000 | 2,650,000 | 8,736,000 | 1,369,000 | 4,311,000 | 2,416,000 | 3,790,000 | 1,526,000 | 1,696,000 | 1,723,000 | 1,906,000 | 10,508,000 | 1,949,000 | 3,673,000 | 2,031,000 | 7,962,000 | 3,660,000 | 2,991,000 | 2,745,000 | 5,758,000 | 2,263,000 | 2,303,000 | -38,000 | -528,000 | 978,000 | 63,000 | -833,000 | -3,010,000 | -93,000 | 7,000 | -27,000 | 132,000 | -8,000 | 295,000 | 14,000 | 21,000 | 4,000 | 609,000 | -1,000 | -37,000 | 53,000 | -304,000 | 1,276,000 | -511,000 | 451,000 | 319,000 | ||||||||||||||
total non-interest expense | 94,703,000 | 96,548,000 | 94,802,000 | 93,452,000 | 91,600,000 | 92,960,000 | 91,412,000 | 90,158,000 | 88,888,000 | 90,220,000 | 87,492,000 | 85,258,000 | 81,155,000 | 78,924,000 | 82,676,000 | 77,666,000 | 83,444,000 | 85,481,000 | 50,727,000 | 51,452,000 | 52,152,000 | 156,140,000 | 50,941,000 | 52,300,000 | 52,121,000 | 151,162,000 | 50,469,000 | 51,684,000 | 53,825,000 | 54,857,000 | 179,311,000 | 69,090,000 | 64,437,000 | 56,332,000 | 183,150,000 | 59,575,000 | 59,848,000 | 61,453,000 | 201,281,000 | 63,273,000 | 68,822,000 | 64,932,000 | 97,399,000 | 30,379,000 | 29,006,000 | 29,085,000 | |||||||||||||||||||||||||||||||||
income before income taxes | 68,794,000 | 61,371,000 | 65,879,000 | 59,448,000 | 61,784,000 | 71,260,000 | 67,917,000 | 65,898,000 | 65,785,000 | 65,133,000 | 62,518,000 | 59,355,000 | 54,094,000 | 61,295,000 | 60,077,000 | 44,621,000 | 33,746,000 | 29,035,000 | 8,391,000 | 34,876,000 | 35,044,000 | 97,445,000 | 35,355,000 | 29,244,000 | 24,927,000 | 64,210,000 | 3,879,000 | 24,354,000 | 20,197,000 | 19,832,000 | -25,189,000 | 5,131,000 | -2,340,000 | -2,009,000 | 94,903,000 | 27,530,000 | 31,922,000 | 35,532,000 | 63,531,000 | 26,206,000 | 5,605,000 | 28,318,000 | 8,201,000 | 19,655,000 | 16,015,000 | 12,590,000 | 17,948,000 | 17,368,000 | 25,076,000 | 9,553,000 | 14,489,000 | -8,953,000 | 18,983,000 | 13,108,000 | 24,328,000 | 55,675,000 | 25,438,000 | -49,122,000 | 15,025,000 | 14,393,000 | 8,648,000 | 6,634,000 | 11,615,000 | 2,823,000 | 2,498,000 | 8,181,000 | 8,812,000 | ||||||||||||
income tax expense | 14,857,000 | 9,533,000 | 14,078,000 | 13,876,000 | 14,784,000 | 20,129,000 | 18,225,000 | 21,025,000 | 21,612,000 | 18,904,000 | 20,599,000 | 18,923,000 | 16,573,000 | 19,624,000 | 19,250,000 | 14,248,000 | 6,308,000 | 7,248,000 | 1,008,000 | 10,897,000 | 11,574,000 | 36,135,000 | 12,255,000 | 9,595,000 | 8,010,000 | 140,000 | 560,000 | 9,204,000 | 5,858,000 | 5,661,000 | 140,500 | 562,000 | 769,000 | 979,000 | 11,785,000 | -31,934,000 | 7,126,000 | 473,500 | 1,894,000 | 1,937,000 | 6,472,000 | 1,634,000 | 1,172,000 | 3,001,000 | 4,761,000 | 690,000 | -4,226,000 | 598,000 | -2,455,000 | 196,000 | 187,000 | 624,000 | 446,000 | -21,000 | 131,000 | -391,000 | |||||||||||||||||||||||
net income available to common shareholders | 53,937,000 | 51,838,000 | 51,801,000 | 45,572,000 | 47,000,000 | 51,131,000 | 49,692,000 | 44,873,000 | 44,173,000 | 46,229,000 | 10,873,000 | 10,706,000 | -17,470,000 | 1,104,000 | -6,575,000 | -6,453,000 | 7,221,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per common share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 1,260 | 1,170 | 1,150 | 1,010 | 1,010 | 1,090 | 1,060 | 950 | 930 | 970 | 880 | 840 | 770 | 820 | 790 | 570 | 500 | 390 | 110 | 440 | 430 | 1,140 | 450 | 360 | 310 | 270 | 250 | 240 | -400 | 30 | -150 | -140 | 1,220 | 360 | 400 | 450 | 1,500 | 350 | 750 | 390 | |||||||||||||||||||||||||||||||||||||||
diluted | 1,260 | 1,160 | 1,150 | 1,000 | 1,000 | 1,080 | 1,050 | 950 | 930 | 960 | 870 | 840 | 760 | 810 | 780 | 560 | 500 | 390 | 110 | 430 | 420 | 1,100 | 420 | 350 | 300 | 260 | 250 | 240 | -400 | 30 | -150 | -140 | 1,160 | 340 | 380 | 420 | 1,390 | 340 | 680 | 370 | |||||||||||||||||||||||||||||||||||||||
average common shares outstanding and equivalents | 42,956,000 | 44,658,000 | 45,033,000 | 45,509,000 | 46,846,000 | 47,131,000 | 47,343,000 | 47,392,000 | 47,490,000 | 47,944,000 | 47,926,000 | 48,389,000 | 49,484,000 | 51,516,000 | 52,048,000 | 51,616,000 | 51,527,000 | 51,470,000 | 51,772,000 | 51,680,000 | 51,626,000 | -115,000 | 51,464,000 | 51,226,000 | 51,121,000 | -6,000 | 51,102,000 | 51,131,000 | 51,095,000 | 51,064,000 | 309,000 | 51,146,000 | 51,774,000 | 51,977,000 | -36,000 | 52,362,000 | 52,352,000 | 52,598,000 | -289,000 | 53,322,000 | 52,968,000 | 52,892,000 | -2,674,000 | 47,978,000 | 40,808,000 | 41,162,000 | 419,000 | 44,105,000 | 45,135,000 | 46,179,000 | |||||||||||||||||||||||||||||
cash dividends per share of common stock | 0.35 | 0.3 | 0.3 | 0.3 | 0.25 | 0.25 | 0.25 | 0.22 | 0.22 | 0.22 | 0.2 | 0.15 | 0.15 | 0.12 | 0.08 | 0.08 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.19 | 0.06 | 0.06 | 0.06 | 0.18 | 0.06 | 0.06 | 0.06 | 0.06 | 0.26 | 0.1 | 0.1 | 0.1 | 0.26 | 0.08 | 0.08 | 0.08 | 0.2 | 0.06 | 0.06 | 0.06 | 0.18 | 0.06 | 0.06 | 0.06 | 0.16 | 0.05 | 0.05 | 0.05 | 0.13 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | ||||||||||||
net loss on sale of securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreclosed real estate and other repossessed assets expenses (income) | 310,000 | 793,000 | 573,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreclosed real estate and other repossessed assets expenses, net of | 1,272,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreclosed real estate and other repossessed assets income, net of expenses | -731,000 | 668,000 | -2,320,000 | -1,482,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net gain on: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sale of securities | -7,000 | -1,149,000 | 3,498,000 | 4,776,000 | 6,892,000 | 4,000 | 211,000 | 11,996,000 | 2,572,000 | 4,366,000 | 37,845,000 | 36,365,000 | 11,979,000 | 7,360,000 | 14,025,000 | 13,971,000 | 9,132,000 | -2,000 | 1,078,000 | 13,954,000 | 11,833,000 | 12,020,000 | 35,528,000 | 10,520,000 | 10,340,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
subordinated capital notes | 521,000 | 293,000 | 294,000 | 295,000 | 308,000 | 347,000 | 499,000 | 514,000 | 524,000 | 1,407,000 | 496,000 | 479,000 | 428,000 | 1,158,000 | 398,000 | 366,000 | 873,000 | 868,000 | 2,638,000 | 885,000 | 875,000 | 863,000 | 2,987,000 | 1,002,000 | 996,000 | 992,000 | 3,970,000 | 1,144,000 | 1,170,000 | 1,660,000 | 1,156,000 | 323,000 | 321,000 | 328,000 | 926,000 | 305,000 | 308,000 | 302,000 | 911,000 | 327,000 | 305,000 | 298,000 | 333,000 | 389,000 | 436,000 | 540,000 | 534,000 | 702,000 | 771,000 | 766,000 | 758,000 | 1,395,000 | 1,344,000 | 1,297,000 | 1,213,000 | ||||||||||||||||||||||||
early extinguishment of debt | -63,000 | -12,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreclosed real estate and other repossessed assets loss, net of expenses | -27,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provision for (recapture of) credit losses | 7,120,000 | 6,691,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
climate events expenses | 1,426,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 41,919,000 | 40,432,000 | 37,521,000 | 41,671,000 | 40,827,000 | 30,373,000 | 27,438,000 | 21,787,000 | 7,383,000 | 23,979,000 | 23,470,000 | 61,310,000 | 23,100,000 | 19,649,000 | 16,917,000 | 49,327,000 | 3,319,000 | 15,150,000 | 14,339,000 | 14,171,000 | -7,073,000 | 4,569,000 | -3,109,000 | -2,988,000 | 65,649,000 | 19,532,000 | 21,309,000 | 23,747,000 | 78,825,000 | 19,621,000 | 37,539,000 | 21,192,000 | 6,794,000 | 17,761,000 | 14,958,000 | 10,653,000 | 17,662,000 | 16,788,000 | 26,467,000 | 3,081,000 | 16,429,000 | -6,595,000 | 17,349,000 | 11,936,000 | 21,327,000 | 50,914,000 | 24,748,000 | -44,896,000 | 14,427,000 | 16,848,000 | 8,452,000 | 6,447,000 | 10,991,000 | 2,377,000 | 2,519,000 | 8,050,000 | 8,421,000 | ||||||||||||||||||||||
yoy | 0.60% | -0.97% | 23.53% | 51.87% | 87.39% | 311.39% | 16.91% | -64.46% | -68.04% | 22.04% | 38.74% | 24.29% | 595.99% | 29.70% | 244.01% | -76.58% | -314.19% | -561.21% | -574.26% | -110.77% | -76.61% | -114.59% | -112.58% | -16.72% | -0.45% | -43.24% | 12.06% | 1060.21% | 10.47% | 150.96% | 98.93% | -61.53% | 5.80% | -43.48% | 245.76% | 7.51% | -354.56% | 52.56% | -74.19% | -130.92% | -65.92% | -51.77% | -147.50% | 252.91% | 46.89% | -631.19% | 123.78% | 53.29% | 255.57% | 155.93% | 36.53% | ||||||||||||||||||||||||||||
qoq | 3.68% | 7.76% | 2.07% | 34.42% | 25.94% | 195.10% | -69.21% | 2.17% | -61.72% | 165.41% | 17.56% | 16.15% | -65.70% | 1386.20% | -78.09% | 1.19% | -300.35% | -254.80% | -246.96% | 4.05% | -104.55% | 236.11% | -8.34% | -10.27% | -69.87% | 301.74% | -47.73% | 77.14% | 211.92% | -61.75% | 18.74% | 40.41% | -39.68% | 5.21% | -36.57% | 759.04% | -81.25% | -349.11% | -138.01% | 45.35% | -58.11% | 105.73% | -411.19% | -14.37% | 31.10% | -41.34% | -5.64% | -68.71% | -4.41% | ||||||||||||||||||||||||||||||
less: dividends on preferred stock | -1,255,000 | -1,628,000 | -1,628,000 | -1,628,000 | -1,628,000 | -1,628,000 | -8,558,000 | -3,466,000 | -3,465,000 | -3,465,000 | -10,397,000 | -3,465,000 | -3,465,000 | -3,466,000 | -3,465,000 | -10,397,000 | -3,465,000 | -3,466,000 | -3,465,000 | -10,397,000 | -3,465,000 | -3,466,000 | -3,465,000 | -10,397,000 | -3,465,000 | -3,466,000 | -3,465,000 | -6,900,000 | -3,039,000 | -1,200,000 | -1,201,000 | -3,601,000 | -1,201,000 | -1,200,000 | -1,201,000 | -4,135,000 | -1,200,000 | -1,733,000 | -1,201,000 | -1,201,000 | -1,200,000 | -1,201,000 | -1,200,000 | -1,200,000 | -1,201,000 | -1,200,000 | -1,201,000 | -1,200,000 | -1,200,000 | -1,201,000 | -1,200,000 | -1,200,000 | |||||||||||||||||||||||||||
income available to common shareholders | 41,919,000 | 40,432,000 | 37,521,000 | 41,671,000 | 40,827,000 | 29,118,000 | 25,810,000 | 20,159,000 | 5,755,000 | 22,351,000 | 21,842,000 | 52,752,000 | 19,634,000 | 16,184,000 | 13,452,000 | 38,930,000 | -146,000 | 11,685,000 | 55,252,000 | 16,067,000 | 17,843,000 | 20,282,000 | 68,428,000 | 16,156,000 | 34,073,000 | 17,727,000 | -106,000 | 14,722,000 | 13,758,000 | 9,452,000 | 1,880,000 | 12,512,000 | 10,735,000 | 49,714,000 | 23,547,000 | 13,227,000 | 15,647,000 | 7,252,000 | 5,246,000 | 9,791,000 | 1,177,000 | 1,318,000 | 6,850,000 | ||||||||||||||||||||||||||||||||||||
pandemic expenses | 1,099,000 | 881,000 | 1,223,000 | 1,531,000 | 1,769,000 | 2,090,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
printing, postage, stationary and supplies | 1,092,000 | 878,000 | 941,000 | 1,217,000 | 1,094,000 | 951,000 | 672,000 | 636,000 | 578,000 | 1,718,000 | 499,000 | 605,000 | 644,000 | 1,851,000 | 586,000 | 637,000 | 600,000 | 725,000 | 1,951,000 | 624,000 | 582,000 | 637,000 | 1,913,000 | 620,000 | 645,000 | 554,000 | 2,635,000 | 824,000 | 851,000 | 1,166,000 | 955,000 | 299,000 | 322,000 | 308,000 | |||||||||||||||||||||||||||||||||||||||||||||
(recapture) benefit from credit losses | -4,997,000 | -8,305,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net interest income after (recapture) benefit from credit losses | 107,702,000 | 110,562,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
bargain purchase from scotiabank acquisition | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
see notes to unaudited consolidated financial statements | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreclosed real estate and other repossessed assets incomes | -2,163,000 | 327,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
merger and restructuring charges | 2,681,000 | 3,006,000 | 1,556,000 | 1,000,000 | 15,408,000 | 2,252,000 | 5,274,000 | 5,534,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
bargain purchase from scotiabank pr & usvi acquisition | 3,465,000 | 3,462,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from credit losses | 13,669,000 | 17,696,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net interest income after benefit from credit losses | 85,864,000 | 87,364,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale of foreclosed real estate, other repossessed assets and credit related expenses | 1,323,000 | 2,918,000 | 2,889,000 | 2,584,000 | 3,366,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from loan losses | 43,770,000 | 17,705,000 | 12,249,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net interest income after benefit from loan and lease losses | 36,940,000 | 63,380,000 | 69,540,000 | 192,110,000 | 67,676,000 | 62,841,000 | 58,534,000 | 154,597,000 | 36,436,000 | 56,964,000 | 58,867,000 | 61,186,000 | 137,627,000 | 38,244,000 | 66,753,000 | 47,442,000 | 263,221,000 | 84,614,000 | 91,263,000 | 91,707,000 | 251,120,000 | 85,658,000 | 66,631,000 | 83,994,000 | 95,246,000 | 36,382,000 | 27,809,000 | 28,705,000 | 96,042,000 | 30,587,000 | 38,912,000 | 32,816,000 | 78,944,000 | 34,060,000 | |||||||||||||||||||||||||||||||||||||||||||||
benefit from loan and lease losses | 41,507,000 | 14,601,000 | 14,747,000 | 15,460,000 | 69,097,000 | 44,042,000 | 17,654,000 | 14,445,000 | 13,789,000 | 109,922,000 | 51,579,000 | 1,025,000 | 4,100,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fdic shared-loss benefit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
derivatives | 81,000 | -10,000 | 18,000 | -208,000 | 77,000 | -90,000 | -615,000 | 7,000 | -247,000 | -478,000 | 354,000 | -574,000 | 1,569,000 | -298,000 | -39,767,000 | -1,326,000 | -107,000 | -1,000 | -12,656,000 | -564,000 | -3,603,000 | -3,968,000 | -14,311,000 | -22,580,000 | -26,615,000 | -10,636,000 | -64,000 | 19,408,000 | 434,000 | -5,522,000 | 228,000 | -7,803,000 | 154,000 | 88,000 | 8,418,000 | -1,571,000 | -23,000 | 882,000 | -50,000 | ||||||||||||||||||||||||||||||||||||||||
occupancy and equipment | 24,696,000 | 8,388,000 | 9,166,000 | 7,768,000 | 24,281,000 | 8,276,000 | 7,199,000 | 8,107,000 | 7,822,000 | 25,630,000 | 8,556,000 | 8,883,000 | 8,636,000 | 25,940,000 | 8,770,000 | 8,605,000 | 8,309,000 | 26,138,000 | 8,270,000 | 8,066,000 | 9,216,000 | 13,361,000 | 4,169,000 | 4,270,000 | 4,186,000 | 13,038,000 | 4,369,000 | 4,214,000 | 4,405,000 | 12,936,000 | 5,620,000 | 4,601,000 | 3,594,000 | 3,747,000 | 3,758,000 | 3,489,000 | 3,561,000 | 3,365,000 | 3,287,000 | 3,045,000 | 3,343,000 | 2,994,000 | 2,867,000 | 2,793,000 | 2,889,000 | 2,976,000 | |||||||||||||||||||||||||||||||||
loss on sale of foreclosed real estate and other repossessed assets | 3,452,000 | 1,210,000 | 392,000 | 1,226,000 | 3,239,000 | 1,395,000 | 890,250 | 3,561,000 | 1,696,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
credit related expenses | 6,154,000 | 2,736,000 | 1,897,000 | 2,419,000 | 6,278,000 | 1,714,000 | 2,626,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fdic shared-loss benefit (expense) | 1,403,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
see notes to unaudited financial statements | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreclosure, repossession and other real estate expenses | 1,326,000 | 5,164,000 | 2,806,000 | 20,921,000 | 16,601,000 | 10,337,000 | 5,447,000 | 17,283,000 | 7,842,000 | 6,554,000 | 6,436,000 | 14,716,000 | 2,178,000 | 2,156,000 | 1,505,000 | 2,531,000 | 1,060,000 | 1,198,000 | 954,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fdic shared-loss expense | -3,420,000 | -4,029,000 | -53,302,000 | -15,965,000 | -19,965,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total other-than-temporary impairment losses on investment securities | -146,000 | -584,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
portion of loss recognized in other comprehensive income, before taxes | 84,500 | 338,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net impairment losses recognized in earnings | -61,500 | -246,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fdic shared-loss expense, net: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fdic indemnification asset expense | -303,750 | -1,215,000 | -22,512,000 | -12,221,000 | -46,226,000 | -16,059,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in true-up payment obligation | -216,000 | -864,000 | -733,000 | -863,000 | -2,596,000 | -875,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reimbursement from fdic shared-loss coverage in sale of loans and foreclosed real estate | 20,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
see notes to unaudited consolidated financial statements. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-covered loans | 77,746,000 | 81,979,000 | 258,922,000 | 87,662,000 | 88,064,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
covered loans | 12,758,000 | 15,504,000 | 68,083,000 | 20,886,000 | 24,879,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total interest income from loans | 90,504,000 | 97,483,000 | 327,005,000 | 108,548,000 | 112,943,000 | 108,631,000 | 335,049,000 | 108,853,000 | 114,610,000 | 100,492,000 | 125,124,000 | 40,247,000 | 37,565,000 | 39,664,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from non-covered loan and lease losses | 15,644,000 | 37,384,000 | 38,818,000 | 16,142,000 | 13,220,000 | 10,062,000 | 57,659,000 | 9,900,000 | 37,527,000 | 7,916,000 | 10,254,000 | 3,600,000 | 3,800,000 | 3,000,000 | 11,400,000 | 3,800,000 | 3,800,000 | 3,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(recovery) benefit from covered loan and lease losses | -105,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total benefit from loan and lease losses | 15,539,000 | 42,193,000 | 43,383,000 | 17,257,000 | 14,815,000 | 11,691,000 | 59,920,000 | 12,974,000 | 38,738,000 | 8,588,000 | 19,860,000 | 3,821,000 | 5,267,000 | 10,157,000 | 11,949,000 | 1,864,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from covered loan and lease losses | 4,809,000 | 4,565,000 | 1,115,000 | 1,595,000 | 1,629,000 | 2,261,000 | 3,074,000 | 1,211,000 | 672,000 | 1,467,000 | 7,157,000 | 549,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax benefit | 29,254,000 | 7,998,000 | 10,613,000 | -15,294,000 | 6,585,000 | 1,057,000 | 286,000 | 580,000 | -1,391,000 | -1,940,000 | -2,358,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fdic indemnification asset | -17,499,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
true-up payment obligation | -856,000 | -865,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans not covered under shared-loss agreements with the fdic | 85,243,000 | 264,937,000 | 87,196,000 | 90,611,000 | 80,263,000 | 62,031,000 | 17,964,000 | 17,223,000 | 18,123,000 | 51,046,000 | 17,287,000 | 15,969,000 | 17,841,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans covered under shared-loss agreements with the fdic | 23,388,000 | 70,112,000 | 21,657,000 | 23,999,000 | 20,229,000 | 63,093,000 | 22,283,000 | 20,342,000 | 21,541,000 | 49,443,000 | 18,222,000 | 13,060,000 | 14,226,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
financial service revenue | 6,867,000 | 23,530,000 | 7,394,000 | 8,030,000 | 7,660,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fdic shared-loss indemnification asset | -17,622,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fdic-guaranteed term notes | 909,000 | 3,063,000 | 1,021,000 | 1,021,000 | 1,021,000 | 3,063,000 | 1,021,000 | 1,021,000 | 1,021,000 | 1,021,000 | 1,021,000 | 112,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
early extinguishment of subordinated capital notes | 1,061,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total banking and financial service revenue | 23,195,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net amortization of fdic shared-loss indemnification asset | -12,871,000 | -2,024,000 | -8,096,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreclosed real estate | -1,793,000 | -3,157,000 | -1,209,000 | -886,000 | -398,000 | -1,518,000 | -199,000 | -3,000 | -132,000 | -384,000 | -140,000 | -26,000 | -117,000 | -278,000 | -136,000 | -162,000 | 58,000 | -260,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from (recapture of) covered loan and lease losses | 9,606,000 | 221,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
wealth management revenues | 1,510,500 | 6,042,000 | 5,903,000 | 5,889,000 | 15,184,000 | 5,387,000 | 4,572,000 | 4,682,000 | 13,295,000 | 4,554,000 | 4,625,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
banking service revenues | 751,500 | 3,006,000 | 3,407,000 | 3,286,000 | 10,527,000 | 3,261,000 | 3,306,000 | 3,835,000 | 8,358,000 | 3,414,000 | 2,797,000 | 1,647,000 | 1,422,000 | 1,602,000 | 1,393,000 | 1,406,000 | 1,395,000 | 1,527,000 | 1,862,000 | 2,265,000 | 1,874,000 | 2,025,000 | 2,511,000 | 2,176,000 | 2,219,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
total banking and wealth management revenues | 2,813,000 | 11,252,000 | 11,746,000 | 11,677,000 | 32,964,000 | 11,271,000 | 10,313,000 | 10,476,000 | 27,848,000 | 11,445,000 | 9,795,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
early extinguishment of repurchase agreements | -1,740,000 | -24,312,000 | -17,551,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income per common share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | -10 | 360 | 340 | 230 | 320 | 350 | 560 | 40 | 170 | -670 | 380 | 420 | 830 | 2,050 | 970 | -1,900 | 540 | 650 | 300 | 210 | 400 | 50 | 50 | 280 | 290 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 350 | 340 | 230 | 320 | 350 | 560 | 40 | 170 | -670 | 380 | 410 | 830 | 2,040 | 970 | -1,890 | 540 | 640 | 300 | 210 | 400 | 50 | 50 | 280 | 290 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (amortization) accretion of fdic shared-loss indemnification asset | -5,583,000 | -4,827,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities | -8,000 | -29,000 | 14,000 | -6,000 | -31,000 | 19,000 | 4,000 | 1,000 | -3,000 | -505,000 | 12,959,000 | -27,000 | -31,000 | 16,000 | -2,000 | 2,000 | 281,000 | -8,000 | 28,000 | 4,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
note payable to the fdic | 1,064,000 | 823,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
recapture of covered loan and lease losses | -484,000 | -1,936,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total loss on other-than-temporarily impaired securities | -24,935,000 | -14,739,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
portion of loss on securities recognized in other comprehensive income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other-than-temporary impairments on securities | -2,427,000 | -14,739,000 | -1,796,000 | -632,000 | -8,259,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (amortization) accretion of fdic loss-share indemnification asset | -605,500 | -2,422,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fair value adjustment on fdic equity appreciation instrument | 909,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
early extinguishment of repurchase agreement | -1,197,500 | -4,790,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-interest expenses: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreclosure and repossession expenses | 2,123,000 | 813,000 | 761,000 | 729,000 | 2,285,000 | 545,000 | 270,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total non-interest expenses | 91,895,000 | 30,407,000 | 30,696,000 | 30,790,000 | 79,893,000 | 32,705,000 | 27,872,000 | 20,393,000 | 20,486,000 | 22,214,000 | 19,273,000 | 18,197,000 | 18,080,000 | 17,730,000 | 16,522,000 | 17,477,000 | 15,827,000 | 15,145,000 | 14,784,000 | 14,883,000 | 15,390,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: deemed dividend on preferred stock beneficial conversion feature | -22,711,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income available (loss) to common shareholders | 14,061,000 | 15,587,000 | 25,267,000 | 12,294,000 | -30,506,000 | 20,126,000 | -46,096,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accretion of fdic loss-share indemnification asset | 1,020,000 | 1,211,000 | 2,574,000 | 1,756,000 | 1,444,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
director and investors relations | 339,000 | 287,000 | 1,067,000 | 396,000 | 388,000 | 315,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: allocation of undistributed earnings for participating preferred shares | -3,104,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
advertising and business promotion | 1,165,000 | 3,703,000 | 1,275,000 | 1,361,000 | 699,000 | 1,097,000 | 1,028,000 | 1,204,000 | 847,000 | 836,000 | 1,074,000 | 1,069,000 | 1,118,000 | 793,000 | 1,148,000 | 1,300,000 | 1,066,000 | 1,350,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment banking revenues | 59,000 | 59,000 | 34,000 | 8,000 | -12,000 | 200,000 | 12,000 | 738,000 | 113,000 | 592,000 | 852,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
bargain purchase from fdic-assisted acquisition | 16,463,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loan servicing expenses | 110,750 | 443,000 | 452,000 | 427,000 | 397,000 | 388,000 | 383,000 | 352,000 | 339,000 | 331,000 | 349,000 | 540,000 | 523,000 | 525,000 | 509,000 | 455,000 | 446,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
clearing and wrap fees expenses | 144,750 | 579,000 | 342,000 | 297,000 | 293,000 | 330,000 | 294,000 | 313,000 | 294,000 | 321,000 | 310,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
training and travel | 41,750 | 167,000 | 243,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
average common shares outstanding | 11,338,500 | 45,354,000 | 33,044,000 | 25,857,000 | 24,303,000 | 24,303,000 | 24,245,000 | 24,292,000 | 24,290,000 | 24,164,000 | 24,230,000 | 24,488,000 | 24,472,000 | 24,564,000 | 24,599,000 | 24,613,000 | 24,926,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
average potential common shares-options | 32,000 | 128,000 | 9,000 | 75,000 | 65,000 | 15,000 | 3,000 | 82,000 | 94,000 | 125,000 | 31,000 | 75,000 | 93,000 | 97,000 | 106,000 | 137,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
average diluted common shares outstanding | 11,370,500 | 45,482,000 | 33,053,000 | 25,932,000 | 24,368,000 | 24,318,000 | 24,248,000 | 24,374,000 | 24,384,000 | 24,289,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase money note issued to the fdic | 1,064,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provision for loan and lease losses | 4,100,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net interest income after provision for loan and lease losses | 34,552,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total loss other-than-temporarily impaired securities | -1,796,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provision for loan losses | 4,014,000 | 4,400,000 | 3,650,000 | 3,200,000 | 1,950,000 | 1,980,000 | 1,650,000 | 1,614,000 | 1,375,000 | 1,075,000 | 870,000 | 947,000 | 1,101,000 | 951,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net interest income after provision for loan losses | 25,424,000 | 28,494,000 | 31,838,000 | 27,465,000 | 26,091,000 | 26,455,000 | 23,259,000 | 18,036,000 | 16,315,000 | 12,191,000 | 8,083,000 | 9,761,000 | 14,111,000 | 16,377,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
financial service revenues | 3,978,000 | 3,764,000 | 3,285,000 | 3,114,000 | 3,756,000 | 4,500,000 | 4,240,000 | 3,737,000 | 4,049,000 | 4,843,000 | 3,986,000 | 4,066,000 | 4,961,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
excess of amortized cost over fair value on other-than-temporarily impaired securities | -39,590,000 | -62,594,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-credit related unrealized loss on securities recognized in other comprehensive income | 38,958,000 | 36,478,000 | 58,178,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other investments | 9,000 | 10,000 | 11,000 | 13,000 | 16,000 | 16,000 | 110,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
excess of amortized costs over fair value on other-than-temporarily impaired securities | -44,737,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
compensation and employees’ benefits | 7,882,000 | 8,020,000 | 7,724,000 | 7,715,000 | 7,561,000 | 6,916,000 | 6,173,000 | 6,260,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
directors and investor relations | 348,000 | 332,000 | 349,000 | 273,000 | 303,000 | 278,000 | 308,000 | 769,000 | 531,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
credit-related other-than-temporary impairments on securities | -4,416,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
advances from fhlb, term notes and other borrowings | 3,505,000 | 3,716,000 | 3,821,000 | 3,539,000 | 2,317,000 | 2,551,000 | 2,568,000 | 2,622,000 | 2,551,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sale of securities available-for-sale | 386,000 | 198,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other than temporary impairments | -58,804,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreclosure expenses | 201,000 | 338,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities available-for-sale | 9,297,000 | 838,000 | 10,000 | 358,000 | 2,174,000 | 19,000 | 341,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sale of foreclosed real estate | -250,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from other investments | -541,000 | 1,159,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
advances from fhlb, term notes an other borrowings | 2,198,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities | 13,697,000 | 13,715,000 | 13,973,000 | 14,500,000 | 13,265,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short term investments | 456,000 | 301,000 | 723,000 | 739,000 | 675,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
compensation and employee’s benefits | 6,745,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
commissions and fees from brokerage, investment banking, insurance and fiduciary activities | 3,924,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net gain on sale and valuation of: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
insurance, including deposit insurance | 185,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
average potential common share-options | 214,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 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 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-03-31 | 2016-06-30 | 2016-03-31 | 2016-03-14 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2015-02-26 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2014-03-03 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-12-31 | 2004-09-30 | 2004-06-30 | 2004-03-31 | 2003-12-31 | 2003-09-30 | 2003-06-30 | 2003-03-31 | 2002-12-31 | 2002-09-30 | 2002-03-31 | 2001-12-31 | 2001-09-30 |
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assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and due from banks | 631,672,000 | 1,036,074,000 | 737,084,000 | 844,492,000 | 703,493,000 | 584,467,000 | 674,702,000 | 735,346,000 | 749,718,000 | 528,626,000 | 795,546,000 | 844,180,000 | 810,281,000 | 1,302,199,000 | 1,849,906,000 | 2,745,675,000 | 2,756,288,000 | 2,396,965,000 | 2,267,383,000 | 1,888,965,000 | 668,896,000 | 498,328,000 | 442,103,000 | 537,945,000 | 368,344,000 | 354,930,000 | 478,182,000 | 511,308,000 | 671,952,000 | 663,462 | 588,257 | 616,984 | 645,869 | 737,330 | 548,770 | 855,490,000 | 511,478,000 | 459,917,000 | 450,033,000 | 601,614,000 | 513,905,000 | 278,466,000 | 315,351,000 | 337,218,000 | 89,703,000 | 430,498,000 | 450,323,000 | 247,691,000 | 170,443,000 | 307,062,000 | 293,750,000 | 14,370,000 | 40,382,000 | 56,486,000 | 50,052,000 | 22,858,000 | 12,331,000 | 21,727,000 | 14,286,000 | 15,341,000 | 14,734,000 | 35,237,000 | 13,227,000 | 15,930,000 | 14,892,000 | 15,214,000 | 9,843,000 | 11,321,000 | 9,284,000 | 11,651,000 | 7,746,000 | 9,155,000 | 15,945,000 | 9,567,000 | 11,508,000 | 15,508,000 | 5,442,000 | ||||||||||||||
money market investments | 4,827,000 | 4,261,000 | 3,265,000 | 7,306,000 | 7,107,000 | 6,670,000 | 5,885,000 | 5,083,000 | 4,674,000 | 4,073,000 | 3,427,000 | 3,172,000 | 4,988,000 | 4,913,000 | 5,648,000 | 9,837,000 | 11,206,000 | 11,401,000 | 14,617,000 | 10,022,000 | 7,485,000 | 7,665,000 | 4,930,000 | 5,805,000 | 6,991,000 | 7,428,000 | 7,021,000 | 5,740,000 | 5,897,000 | 7,777 | 8,228 | 7,652 | 11,651 | 10,983 | 12,676 | 13,205,000 | 4,017,000 | 4,662,000 | 3,964,000 | 3,863,000 | 3,431,000 | 2,563,000 | 2,060,000 | 111,728,000 | 53,233,000 | 42,137,000 | 17,758,000 | 29,432,000 | 52,002,000 | 66,125,000 | 57,554,000 | 48,480,000 | 50,127,000 | 18,729,000 | 19,318,000 | 5,722,000 | 10,288,000 | 10,387,000 | 9,791,000 | 2,200,000 | 787,000 | 1,690,000 | 24,000,000 | ||||||||||||||||||||||||||||
total cash and cash equivalents | 636,499,000 | 1,040,335,000 | 740,349,000 | 851,798,000 | 710,600,000 | 591,137,000 | 680,587,000 | 740,429,000 | 754,392,000 | 532,699,000 | 798,973,000 | 847,352,000 | 815,269,000 | 1,307,112,000 | 1,855,554,000 | 2,755,512,000 | 2,767,494,000 | 2,408,366,000 | 2,282,000,000 | 1,898,987,000 | 676,381,000 | 505,993,000 | 447,033,000 | 543,750,000 | 375,335,000 | 362,358,000 | 485,203,000 | 517,048,000 | 677,849,000 | 671,239 | 596,485 | 624,636 | 657,520 | 748,313 | 561,446 | 868,695,000 | 515,495,000 | 464,579,000 | 453,997,000 | 605,477,000 | 517,336,000 | 281,029,000 | 317,411,000 | 448,946,000 | 142,936,000 | 472,635,000 | 468,081,000 | 277,123,000 | 66,372,000 | 88,983,000 | 69,885,000 | 70,207,000 | 64,413,000 | 34,070,000 | |||||||||||||||||||||||||||||||||||||
investments: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value, with amortized cost of 163 | 24,000 | 23,000 | 21,000 | 18,000 | 19,000 | 18,000 | 18,000 | 16,000 | 14,000 | 14,000 | 13,000 | 18,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 2,498,737 (december 31, 2025 - 2,529,325); no allowance for credit losses | 2,460,172,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 219,848 (december 31, 2025 - 225,065); no allowance for credit losses | 264,580,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity securities | 63,682,000 | 62,738,000 | 61,906,000 | 59,556,000 | 48,785,000 | 54,896,000 | 45,692,000 | 41,074,000 | 40,162,000 | 42,162,000 | 35,946,000 | 33,218,000 | 23,372,000 | 19,848,000 | 18,556,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total investments | 2,788,458,000 | 2,843,141,000 | 2,939,012,000 | 2,784,634,000 | 2,785,965,000 | 2,720,277,000 | 2,608,525,000 | 2,476,017,000 | 2,482,374,000 | 2,074,474,000 | 1,703,217,000 | 1,917,214,000 | 2,042,566,000 | 1,727,263,000 | 1,258,718,000 | 902,273,000 | 643,495,000 | 611,589,000 | 434,364,000 | 549,703,000 | 870,669,000 | 1,252,653,000 | 1,279,604,000 | 1,306,100,000 | 1,353,108,000 | 1,298,579,000 | 1,166,050,000 | 1,319,890,000 | 1,327,399,000 | 1,441,125 | 1,471,723 | 1,482,090 | 1,703,907 | 1,860,660 | 2,048,466 | 2,233,265,000 | 3,153,082,000 | 3,531,490,000 | 3,645,118,000 | 3,867,970,000 | 4,089,092,000 | 4,469,659,000 | 4,487,514,000 | 4,413,957,000 | 4,339,836,000 | 4,964,230,000 | 4,637,199,000 | 4,974,269,000 | 4,512,752,000 | 4,971,511,000 | 4,576,103,000 | 3,945,626,000 | 4,520,514,000 | 4,643,977,000 | 4,763,813,000 | 4,585,610,000 | 4,413,082,000 | 3,738,340,000 | 3,780,885,000 | 2,992,236,000 | 3,236,138,000 | 3,497,822,000 | 3,485,034,000 | 3,376,143,000 | 3,231,580,000 | 3,252,607,000 | 3,300,029,000 | 3,002,013,000 | 2,846,750,000 | 2,645,898,000 | 2,235,713,000 | 2,232,330,000 | 2,041,175,000 | 2,049,220,000 | 1,757,406,000 | 1,711,468,000 | |||||||||||||||
loans: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held-for-sale, at lower of cost or fair value | 8,967,000 | 15,545,000 | 15,928,000 | 18,952,000 | 16,801,000 | 17,732,000 | 15,624,000 | 20,736,000 | 28,274,000 | 25,846,000 | 30,296,000 | 32,685,000 | 61,225,000 | 41,588,000 | 58,234,000 | 52,494,000 | 47,665,000 | 40,526,000 | 54,526,000 | 19,432,000 | 14,676,000 | 7,682,000 | 10,368,000 | 8,979,000 | 10,215,000 | 10,505,000 | 12,272,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held-for-investment, net of allowance for credit losses of 203,956 | 8,031,107,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total loans | 8,040,074,000 | 8,014,246,000 | 7,935,413,000 | 8,009,599,000 | 7,688,271,000 | 7,633,831,000 | 7,604,700,000 | 7,503,142,000 | 7,411,378,000 | 7,130,052,000 | 6,988,244,000 | 6,735,281,000 | 6,591,028,000 | 6,585,210,000 | 6,449,130,000 | 6,282,485,000 | 6,354,040,000 | 6,432,079,000 | 6,579,140,000 | 6,739,243,000 | 4,474,497,000 | 4,401,401,000 | 4,431,594,000 | 4,352,980,000 | 4,315,866,000 | 4,133,429,000 | 4,056,329,000 | 4,373,617,000 | 4,360,129,000 | 4,856,902 | 4,936,040 | 5,002,614 | 5,128,823 | 4,991,029 | 5,214,381 | 5,182,025,000 | 1,596,318,000 | 1,620,356,000 | 1,656,491,000 | 1,669,953,000 | 1,683,878,000 | 1,707,249,000 | 1,732,452,000 | 1,772,570,000 | 1,861,628,000 | 1,946,999,000 | 1,131,279,000 | 1,140,069,000 | 1,151,592,000 | 1,187,074,000 | 1,199,431,000 | 1,219,112,000 | 1,219,838,000 | 1,218,157,000 | 1,185,433,000 | 1,179,566,000 | 1,197,503,000 | 1,272,177,000 | 1,233,894,000 | 1,212,370,000 | 1,178,451,000 | 1,153,938,000 | 941,240,000 | 901,724,000 | 907,391,000 | 858,897,000 | 771,709,000 | 826,265,000 | 743,456,000 | 718,112,000 | 684,241,000 | 728,462,000 | 684,863,000 | 666,390,000 | 622,463,000 | 562,714,000 | |||||||||||||||
other assets: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreclosed real estate | 2,037,000 | 2,490,000 | 3,160,000 | 2,603,000 | 4,271,000 | 4,002,000 | 4,419,000 | 6,526,000 | 10,850,000 | 9,555,000 | 10,639,000 | 9,250,000 | 14,561,000 | 15,061,000 | 15,297,000 | 13,904,000 | 15,093,000 | 15,598,000 | 19,456,000 | 24,792,000 | 29,509,000 | 30,865,000 | 33,768,000 | 37,868,000 | 40,551,000 | 40,314,000 | 44,174,000 | 51,220,000 | 56,777,000 | 9,918,000 | 9,347,000 | 8,319,000 | 9,174,000 | 9,681,000 | 9,162,000 | 8,220,000 | 4,906,000 | 4,119,000 | 4,207,000 | 4,349,000 | 4,971,000 | 5,320,000 | 4,864,000 | 3,825,000 | 4,379,000 | 4,312,000 | 4,521,000 | 4,186,000 | 4,182,000 | 2,687,000 | 978,000 | 888,000 | 447,000 | 601,000 | 383,000 | 536,000 | 571,000 | 410,000 | 1,201,000 | 548,000 | |||||||||||||||||||||||||||||||
accrued interest receivable | 69,685,000 | 71,110,000 | 71,591,000 | 73,782,000 | 70,029,000 | 71,667,000 | 70,367,000 | 72,969,000 | 72,117,000 | 67,868,000 | 63,357,000 | 62,140,000 | 59,400,000 | 58,371,000 | 56,097,000 | 56,815,000 | 59,850,000 | 61,028,000 | 71,830,000 | 82,483,000 | 33,909,000 | 33,152,000 | 34,254,000 | 33,452,000 | 34,476,000 | 35,141,000 | 49,969,000 | 20,009,000 | 18,392,000 | 19,665 | 22,508 | 18,969 | 19,456 | 17,508 | 20,231 | 17,554,000 | 14,935,000 | 17,258,000 | 18,750,000 | 20,182,000 | 24,246,000 | 26,430,000 | 28,634,000 | 28,716,000 | 30,644,000 | 34,672,000 | 37,100,000 | 33,656,000 | 39,970,000 | 37,785,000 | 38,585,000 | 43,914,000 | 38,104,000 | 42,842,000 | 37,026,000 | 52,315,000 | 33,162,000 | 45,807,000 | 30,482,000 | 27,940,000 | 28,661,000 | 31,313,000 | 29,539,000 | 26,178,000 | 23,735,000 | 23,175,000 | 21,289,000 | 19,071,000 | 19,127,000 | 19,292,000 | 19,341,000 | 17,628,000 | 17,716,000 | 17,075,000 | 17,256,000 | 15,759,000 | 16,609,000 | ||||||||||||||
deferred tax assets | 120,431,000 | 104,359,000 | 7,468,000 | 7,048,000 | 6,299,000 | 6,248,000 | 4,130,000 | 4,094,000 | 4,379,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
premises and equipment | 92,731,000 | 93,554,000 | 100,760,000 | 102,095,000 | 103,577,000 | 104,512,000 | 105,279,000 | 104,384,000 | 104,980,000 | 103,040,000 | 104,166,000 | 104,851,000 | 106,025,000 | 101,848,000 | 97,403,000 | 86,981,000 | 85,993,000 | 83,756,000 | 83,270,000 | 82,234,000 | 71,001,000 | 69,017,000 | 68,892,000 | 67,762,000 | 66,174,000 | 67,163,000 | 67,860,000 | 72,585,000 | 73,975,000 | 82,099 | 82,167 | 83,029 | 83,145 | 84,301 | 83,461 | 84,997,000 | 19,268,000 | 20,090,000 | 20,722,000 | 21,520,000 | 22,498,000 | 23,649,000 | 23,353,000 | 23,941,000 | 17,125,000 | 18,113,000 | 18,571,000 | 19,775,000 | 20,202,000 | 20,706,000 | 21,540,000 | 21,184,000 | 20,911,000 | 21,378,000 | 21,587,000 | 21,779,000 | 20,124,000 | 19,390,000 | 19,853,000 | 20,153,000 | 19,797,000 | 17,358,000 | 15,307,000 | 15,471,000 | 15,269,000 | 16,933,000 | 17,571,000 | 17,874,000 | 18,552,000 | 18,653,000 | 18,503,000 | 17,615,000 | 16,162,000 | 16,965,000 | 17,946,000 | 17,893,000 | 22,590,000 | ||||||||||||||
customers’ liability on acceptances | 22,665,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
servicing assets | 67,228,000 | 66,333,000 | 67,437,000 | 68,588,000 | 69,238,000 | 70,435,000 | 68,512,000 | 49,789,000 | 49,553,000 | 50,601,000 | 49,966,000 | 49,345,000 | 50,061,000 | 49,280,000 | 49,446,000 | 48,227,000 | 47,712,000 | 47,911,000 | 47,242,000 | 47,926,000 | 10,134,000 | 10,623,000 | 10,716,000 | 10,866,000 | 10,829,000 | 10,533,000 | 9,821,000 | 7,932,000 | 7,819,000 | 13,986 | 13,655 | 13,970 | 13,651 | 12,994 | 11,543 | 10,795,000 | 10,642,000 | 10,776,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill | 84,241,000 | 84,241,000 | 84,241,000 | 84,241,000 | 84,241,000 | 84,241,000 | 84,241,000 | 84,241,000 | 84,241,000 | 84,241,000 | 84,241,000 | 84,241,000 | 86,069,000 | 86,069,000 | 86,069,000 | 86,069,000 | 86,069,000 | 86,069,000 | 86,069,000 | 86,069,000 | 86,069,000 | 86,069,000 | 86,069,000 | 86,069,000 | 86,069,000 | 86,069,000 | 86,069,000 | 86,069,000 | 86,069,000 | 86,069 | 86,069 | 86,069 | 86,069 | 76,383 | 64,021 | 64,021,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
other intangible assets | 8,869,000 | 9,854,000 | 11,086,000 | 12,318,000 | 13,550,000 | 14,782,000 | 16,260,000 | 17,738,000 | 19,216,000 | 22,419,000 | 24,143,000 | 25,868,000 | 29,662,000 | 31,800,000 | 33,947,000 | 38,545,000 | 40,995,000 | 43,445,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating lease right-of-use assets | 20,275,000 | 21,261,000 | 22,694,000 | 17,284,000 | 18,663,000 | 19,197,000 | 20,355,000 | 20,298,000 | 21,606,000 | 20,011,000 | 21,840,000 | 23,897,000 | 26,192,000 | 27,699,000 | 28,576,000 | 30,625,000 | 32,621,000 | 32,714,000 | 35,900,000 | 34,692,000 | 20,419,000 | 20,860,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets | 94,710,000 | 92,291,000 | 216,626,000 | 189,948,000 | 139,284,000 | 148,879,000 | 167,952,000 | 150,954,000 | 118,323,000 | 371,000 | 120,073,000 | 126,510,000 | 130,534,000 | 356,000 | 141,816,000 | 154,641,000 | 142,242,000 | 582,000 | 152,216,000 | 155,750,000 | 150,808,000 | 942,000 | 132,772,000 | 127,370,000 | 55,707,000 | 50,883,000 | 57,345,000 | 61,916,000 | 59,305,000 | 55,468,000 | 64,693,000 | 76,812,000 | 74,330,000 | 97,425 | 89,996 | 94,343 | 109,098 | 104,462 | 122,386 | 123,684,000 | 49,085,000 | 47,447,000 | 43,658,000 | 47,178,000 | 58,339,000 | 63,496,000 | 62,606,000 | 66,179,000 | 56,568,000 | 60,737,000 | 49,870,000 | 64,909,000 | 27,915,000 | 28,060,000 | 30,817,000 | 23,926,000 | 25,715,000 | 27,543,000 | 21,688,000 | 16,324,000 | 59,082,000 | 75,291,000 | 69,355,000 | 61,477,000 | 61,221,000 | 77,044,000 | 60,402,000 | 47,392,000 | 46,374,000 | 37,751,000 | 38,147,000 | 30,851,000 | 32,989,000 | 18,703,000 | 39,688,000 | 31,698,000 | 26,423,000 | 23,903,000 | 25,997,000 | 27,445,000 | 23,819,000 | ||||||||||
total assets | 12,047,903,000 | 12,465,657,000 | 12,229,812,000 | 12,231,510,000 | 11,729,257,000 | 11,500,734,000 | 11,461,382,000 | 11,259,085,000 | 11,159,235,000 | 1,208,567,000 | 10,257,138,000 | 10,031,547,000 | 10,057,581,000 | 1,054,206,000 | 10,058,179,000 | 10,247,774,000 | 10,190,120,000 | 1,114,018,000 | 10,606,865,000 | 10,461,813,000 | 10,153,342,000 | 1,129,096,000 | 10,018,991,000 | 9,932,719,000 | 6,464,127,000 | 6,603,191,000 | 6,583,352,000 | 6,656,674,000 | 6,501,562,000 | 6,247,121,000 | 6,189,053,000 | 6,712,596,000 | 6,874,572,000 | 7,673,339 | 7,710,145 | 7,855,638 | 8,380,225 | 8,435,934 | 8,702,551 | 9,193,368,000 | 6,051,205,000 | 6,375,648,000 | 6,461,355,000 | 6,693,666,000 | 7,023,288,000 | 7,082,547,000 | 7,176,129,000 | 7,312,777,000 | 7,403,057,000 | 8,078,544,000 | 6,508,520,000 | 6,550,833,000 | 6,381,046,000 | 6,950,304,000 | 6,485,946,000 | 6,205,536,000 | 5,914,666,000 | 6,060,179,000 | 6,158,119,000 | 5,999,855,000 | 5,857,189,000 | 5,290,649,000 | 5,292,053,000 | 4,373,690,000 | 4,662,330,000 | 4,832,662,000 | 4,564,098,000 | 4,395,046,000 | 4,250,652,000 | 4,215,285,000 | 4,168,170,000 | 3,938,391,000 | 3,725,695,000 | 3,466,215,000 | 3,344,243,000 | 3,152,920,000 | 3,039,468,000 | 2,806,288,000 | 2,805,611,000 | 2,610,696,000 | 2,363,831,000 | ||||||||||
liabilities and stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deposits: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
demand deposits | 5,347,977,000 | 5,799,985,000 | 5,791,959,000 | 5,801,400,000 | 5,841,418,000 | 5,627,406,000 | 5,859,787,000 | 6,017,364,000 | 6,036,891,000 | 4,894,958,000 | 5,008,521,000 | 5,038,122,000 | 5,416,309,000 | 5,459,104,000 | 5,504,640,000 | 5,531,124,000 | 5,329,429,000 | 4,885,311,000 | 4,682,991,000 | 4,370,419,000 | 2,219,911,000 | 2,218,186,000 | 2,191,802,000 | 2,304,067,000 | 2,176,935,000 | 2,117,857,000 | 2,039,126,000 | 1,972,743,000 | 2,018,346,000 | 2,132,073 | 2,135,369 | 2,188,458 | 2,177,090 | 2,294,635 | 2,183,785 | 2,447,152,000 | 1,048,410,000 | 1,061,849,000 | 1,001,951,000 | 1,000,857,000 | 979,326,000 | 948,764,000 | 947,526,000 | 954,553,000 | 888,011,000 | 876,092,000 | 729,769,000 | 693,506,000 | 775,503,000 | 682,387,000 | 568,808,000 | 453,798,000 | 452,071,000 | 124,140,000 | 128,273,000 | 119,152,000 | 110,172,000 | 111,686,000 | 124,610,000 | 132,434,000 | 136,717,000 | 141,260,000 | 144,274,000 | 145,950,000 | 152,165,000 | 151,731,000 | 158,228,000 | 126,233,000 | 126,296,000 | 133,286,000 | 128,139,000 | ||||||||||||||||||||
savings accounts | 2,367,531,000 | 2,259,980,000 | 2,208,212,000 | 2,131,076,000 | 2,107,622,000 | 2,064,916,000 | 2,019,832,000 | 2,002,342,000 | 2,001,770,000 | 2,216,162,000 | 2,222,326,000 | 2,271,774,000 | 2,345,673,000 | 2,433,819,000 | 2,295,113,000 | 2,378,211,000 | 2,285,558,000 | 2,166,161,000 | 1,949,362,000 | 2,017,180,000 | 1,222,109,000 | 1,252,157,000 | 1,212,259,000 | 1,243,535,000 | 1,253,451,000 | 1,274,414,000 | 1,251,398,000 | 1,176,169,000 | 1,180,936,000 | 1,263,115 | 1,226,749 | 1,267,290 | 1,083,953 | 1,006,558 | 892,654 | 634,819,000 | 250,952,000 | 230,920,000 | 238,917,000 | 230,673,000 | 256,611,000 | 241,553,000 | 240,863,000 | 235,690,000 | 234,501,000 | 213,992,000 | 108,661,000 | 86,792,000 | 66,713,000 | 62,615,000 | 55,079,000 | 50,152,000 | 59,250,000 | 407,911,000 | 453,711,000 | 387,790,000 | 338,128,000 | 326,124,000 | 307,319,000 | 266,184,000 | 213,042,000 | 171,034,000 | 107,869,000 | 86,258,000 | 93,925,000 | 93,947,000 | 96,658,000 | 91,718,000 | 88,463,000 | 90,613,000 | |||||||||||||||||||||
time deposits | 2,133,764,000 | 2,202,787,000 | 2,008,462,000 | 2,211,689,000 | 1,973,929,000 | 1,912,464,000 | 1,729,033,000 | 1,585,544,000 | 1,509,613,000 | 1,430,433,000 | 1,307,179,000 | 1,255,525,000 | 1,093,135,000 | 1,136,647,000 | 1,178,469,000 | 1,335,054,000 | 1,475,505,000 | 1,705,290,000 | 2,000,104,000 | 2,154,327,000 | 1,503,117,000 | 1,426,758,000 | 1,504,054,000 | 1,541,391,000 | 1,449,815,000 | 1,441,157,000 | 1,508,958,000 | 1,495,142,000 | 1,580,411,000 | 1,673,987 | 1,779,115 | 1,845,244 | 2,349,394 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total deposits | 9,849,272,000 | 10,262,752,000 | 10,008,633,000 | 10,144,165,000 | 9,922,969,000 | 9,604,786,000 | 9,608,652,000 | 9,605,250,000 | 9,548,274,000 | 8,541,553,000 | 8,538,026,000 | 8,565,421,000 | 8,855,117,000 | 9,029,570,000 | 8,978,222,000 | 9,244,389,000 | 9,090,492,000 | 8,756,762,000 | 8,632,457,000 | 8,541,926,000 | 4,945,137,000 | 4,897,101,000 | 4,908,115,000 | 5,088,993,000 | 4,880,201,000 | 4,833,428,000 | 4,799,482,000 | 4,644,054,000 | 4,779,693,000 | 5,069,175 | 5,141,233 | 5,300,992 | 5,610,437 | 5,665,038 | 5,563,514 | 5,689,559,000 | 2,214,367,000 | 2,222,942,000 | 2,274,567,000 | 2,395,267,000 | 2,378,365,000 | 2,385,231,000 | 2,501,472,000 | 2,588,887,000 | 2,595,275,000 | 2,538,271,000 | 1,816,333,000 | 1,745,501,000 | 1,917,905,000 | 1,852,446,000 | 1,806,246,000 | 1,785,300,000 | 1,517,789,000 | 1,492,419,000 | 1,441,988,000 | 1,246,420,000 | 1,269,705,000 | 1,329,662,000 | 1,337,585,000 | 1,232,988,000 | 1,293,442,000 | 1,213,847,000 | 1,273,541,000 | 1,304,772,000 | 1,252,897,000 | 1,196,564,000 | 1,065,923,000 | 1,032,431,000 | 1,024,349,000 | 1,057,722,000 | 1,006,708,000 | 1,044,265,000 | 1,041,205,000 | 951,331,000 | 1,003,732,000 | 830,496,000 | |||||||||||||||
borrowings: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities sold under agreements to repurchase | 100,086,000 | 100,714,000 | 100,791,000 | 27,463,000 | 75,222,000 | 150,701,000 | 240,324,000 | 431,566,000 | 455,508,000 | 378,237,000 | 387,770,000 | 273,926,000 | 192,869,000 | 626,109,000 | 636,172,000 | 1,012,228 | 1,012,233 | 1,012,240 | 1,267,423 | 1,313,870 | 1,491,675 | 1,695,247,000 | 2,652,366,000 | 3,053,865,000 | 3,056,165,000 | 3,056,238,000 | 3,356,322,000 | 3,459,135,000 | 3,456,605,000 | 3,456,781,000 | 3,541,520,000 | 3,557,087,000 | 3,557,149,000 | 3,557,308,000 | 3,557,086,000 | 3,757,510,000 | 3,757,411,000 | 3,761,121,000 | 3,770,755,000 | 3,810,752,000 | 3,847,633,000 | 3,861,411,000 | 3,809,709,000 | 3,283,796,000 | 3,321,105,000 | 2,535,923,000 | 2,692,173,000 | 2,856,361,000 | 2,513,986,000 | 2,208,847,000 | 2,191,756,000 | 2,256,295,000 | 2,337,826,000 | 2,101,340,000 | 1,895,865,000 | 1,648,339,000 | 1,443,081,000 | 1,400,598,000 | 1,243,052,000 | 1,247,288,000 | 1,011,964,000 | 1,102,184,000 | |||||||||||||||||||||||||||||
advances from the fhlb | 456,581,000 | 456,581,000 | 456,530,000 | 456,530,000 | 255,642,000 | 325,952,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other borrowings | 9,000 | 128,000 | 110,000 | 32,000 | 375,000 | 298,000 | 443,000 | 238,000 | 822,000 | 338,000 | 286,000 | 1,214,000 | 192,000 | 299,000 | 394,000 | 153,000 | 1,753,000 | 1,756,000 | 3,872 | 3,837 | 3,708 | 16,634 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total borrowings | 556,667,000 | 557,304,000 | 557,321,000 | 483,993,000 | 255,642,000 | 401,174,000 | 270,827,000 | 200,741,000 | 200,766,000 | 451,475,000 | 226,507,000 | 226,789,000 | 27,263,000 | 27,618,000 | 28,035,000 | 99,017,000 | 99,950,000 | 101,096,000 | 102,864,000 | 104,423,000 | 356,830,000 | 549,046,000 | 570,425,000 | 488,043,000 | 552,266,000 | 354,337,000 | 328,748,000 | 1,037,325,000 | 1,072,716,000 | 1,452,077 | 1,477,107 | 1,475,753 | 1,720,121 | 1,735,131 | 2,113,863 | 2,487,684,000 | 2,973,844,000 | 3,376,601,000 | 3,417,525,000 | 3,519,828,000 | 3,825,889,000 | 3,914,611,000 | 3,911,822,000 | 3,922,921,000 | 3,994,427,000 | 4,737,015,000 | 4,017,984,000 | 4,030,157,000 | 4,015,350,000 | 4,208,893,000 | 4,224,591,000 | 4,134,839,000 | 4,129,588,000 | 4,220,313,000 | 4,252,086,000 | 4,256,852,000 | 4,221,152,000 | 3,524,520,000 | 3,555,327,000 | 2,782,474,000 | 2,989,409,000 | 3,246,125,000 | 2,914,963,000 | 2,607,654,000 | 2,591,232,000 | 2,644,961,000 | 2,724,992,000 | 2,488,506,000 | 2,283,031,000 | 2,046,305,000 | 1,834,081,000 | 1,580,598,000 | 1,499,552,000 | 1,508,288,000 | 1,266,964,000 | 1,357,184,000 | |||||||||||||||
other liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acceptances executed and outstanding | 22,665,000 | 22,442,000 | 29,975,000 | 27,572,000 | 35,269,000 | 31,526,000 | 26,055,000 | 28,504,000 | 25,826,000 | 30,984,000 | 35,945,000 | 30,094,000 | 29,245,000 | 27,150,000 | 29,858,000 | 24,371,000 | 27,703,000 | 24,389,000 | 18,291,000 | 20,034,000 | 23,610,000 | 25,791,000 | 16,937,000 | 28,682,000 | 30,578,000 | 25,869,000 | 27,644,000 | 20,984,000 | 19,381,000 | 21,077 | 17,581 | 28,535 | 31,881 | 30,571 | 32,512 | 26,996,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating lease liabilities | 22,088,000 | 23,157,000 | 24,681,000 | 19,354,000 | 20,795,000 | 21,388,000 | 22,604,000 | 22,605,000 | 23,969,000 | 22,269,000 | 24,031,000 | 25,990,000 | 28,114,000 | 29,538,000 | 30,287,000 | 32,167,000 | 34,052,000 | 34,017,000 | 37,029,000 | 35,694,000 | 22,179,000 | 22,618,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax liabilities | 337,000 | 50,298,000 | 48,374,000 | 44,223,000 | 40,718,000 | 57,503,000 | 33,873,000 | 22,876,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued expenses and other liabilities | 229,979,000 | 209,997,000 | 183,487,000 | 173,599,000 | 154,998,000 | 146,771,000 | 157,609,000 | 140,410,000 | 121,871,000 | 4,729,000 | 115,394,000 | 107,287,000 | 119,777,000 | 2,287,000 | 124,545,000 | 119,065,000 | 83,492,000 | 2,765,000 | 120,555,000 | 128,326,000 | 127,190,000 | 1,816,000 | 162,133,000 | 187,280,000 | 70,512,000 | 87,004,000 | 87,665,000 | 80,448,000 | 80,019,000 | 85,886,000 | 86,791,000 | 88,930,000 | 92,761,000 | 159,541 | 135,405 | 140,037 | 121,319 | 117,569 | 98,396 | 99,263,000 | 33,038,000 | 27,686,000 | 30,547,000 | 35,476,000 | 42,931,000 | 43,828,000 | 47,933,000 | 43,799,000 | 54,694,000 | 56,683,000 | 38,216,000 | 31,650,000 | 34,277,000 | 31,971,000 | 23,130,000 | 23,682,000 | 25,271,000 | 23,177,000 | 23,912,000 | 25,691,000 | 24,537,000 | 22,925,000 | 20,752,000 | 21,802,000 | 27,064,000 | 25,868,000 | 30,751,000 | 38,443,000 | 42,584,000 | 35,014,000 | 44,112,000 | 49,290,000 | 34,580,000 | 61,093,000 | 48,845,000 | 56,588,000 | 60,706,000 | 65,455,000 | 61,866,000 | 60,534,000 | 35,750,000 | ||||||||||
total liabilities | 10,681,008,000 | 11,075,652,000 | 10,854,395,000 | 10,897,057,000 | 10,433,896,000 | 10,246,363,000 | 10,143,250,000 | 10,031,383,000 | 9,943,582,000 | 15,087,000 | 9,161,675,000 | 8,931,796,000 | 8,968,071,000 | 11,800,000 | 9,064,312,000 | 9,232,962,000 | 9,150,085,000 | 44,858,000 | 9,553,200,000 | 9,381,816,000 | 9,044,919,000 | 43,122,000 | 8,954,669,000 | 8,891,435,000 | 5,419,253,000 | 5,581,999,000 | 5,583,475,000 | 5,686,788,000 | 5,543,743,000 | 5,300,272,000 | 5,243,946,000 | 5,796,706,000 | 5,970,771,000 | 6,743,341 | 6,784,943 | 6,959,147 | 7,500,499 | 7,565,010 | 7,832,309 | 8,329,762,000 | 5,279,518,000 | 5,683,446,000 | 5,772,065,000 | 5,998,111,000 | 6,295,372,000 | 6,358,190,000 | 6,463,001,000 | 6,580,446,000 | 6,685,997,000 | 7,332,502,000 | 6,044,346,000 | 6,220,667,000 | 5,998,477,000 | 6,590,670,000 | 6,166,595,000 | 5,944,219,000 | 5,672,648,000 | 5,759,012,000 | 5,819,361,000 | 5,640,394,000 | 5,515,394,000 | 4,977,174,000 | 4,953,731,000 | 4,037,264,000 | 4,310,617,000 | 4,492,379,000 | 4,220,488,000 | 4,050,869,000 | 3,909,485,000 | 3,876,595,000 | 3,835,114,000 | 3,623,527,000 | 3,431,028,000 | 3,179,539,000 | 3,120,726,000 | 2,947,897,000 | 2,837,788,000 | 2,606,212,000 | 2,612,035,000 | 2,429,048,000 | 2,223,430,000 | ||||||||||
commitments and contingencies | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock | 59,885,000 | 59,885,000 | 59,885,000 | 59,885,000 | 59,885,000 | 59,885,000 | 59,885,000 | 59,885,000 | 59,885,000 | 59,885,000 | 59,885,000 | 59,885,000 | 59,885,000 | 59,885,000 | 59,885,000 | 47,841,000 | 47,809,000 | 47,808,000 | 47,808,000 | 47,808,000 | 47,808,000 | 47,808,000 | 34,481,000 | 34,479,000 | 25,739,000 | 25,739,000 | 25,739,000 | 25,739,000 | 25,739,000 | 25,738,000 | 25,736,000 | 25,732,000 | 25,557,000 | 25,556,000 | 25,543,000 | 25,461,000 | 25,431,000 | 25,379,000 | 25,370,000 | 25,365,000 | 25,321,000 | 25,104,000 | 24,676,000 | 24,601,000 | 22,503,000 | 22,253,000 | 22,164,000 | 19,884,000 | 19,684,000 | 19,446,000 | 19,323,000 | 15,355,000 | 15,245,000 | ||||||||||||||||||||||||||||||||||||||
additional paid-in capital | 640,656,000 | 642,973,000 | 641,350,000 | 639,901,000 | 638,475,000 | 639,786,000 | 639,487,000 | 637,895,000 | 636,208,000 | 637,389,000 | 636,051,000 | 634,785,000 | 635,523,000 | 634,612,000 | 633,796,000 | 635,808,000 | 626,995,000 | 622,935,000 | 621,978,000 | 621,860,000 | 620,368,000 | 619,828,000 | 619,381,000 | 542,078,000 | 541,734,000 | 541,404,000 | 541,600,000 | 540,705,000 | 540,371,000 | 539,522 | 538,936 | 538,287 | 538,231 | 538,105 | 537,500 | 537,453,000 | 495,155,000 | 499,852,000 | 499,786,000 | 499,096,000 | 498,875,000 | 498,556,000 | 498,303,000 | 498,435,000 | 498,486,000 | 288,749,000 | 299,542,000 | 213,445,000 | 213,264,000 | 212,962,000 | 212,784,000 | 212,625,000 | 212,511,000 | 212,282,000 | 212,056,000 | 210,073,000 | 210,006,000 | 209,860,000 | 209,226,000 | 209,033,000 | 208,670,000 | 208,620,000 | 208,581,000 | 188,525,000 | 187,301,000 | 186,247,000 | 186,405,000 | 127,121,000 | 125,206,000 | 124,168,000 | 57,287,000 | 57,236,000 | 55,178,000 | 54,260,000 | 53,329,000 | 52,071,000 | |||||||||||||||
legal surplus | 193,787,000 | 188,490,000 | 183,614,000 | 178,834,000 | 173,905,000 | 169,537,000 | 164,990,000 | 160,560,000 | 155,732,000 | 146,774,000 | 142,567,000 | 138,333,000 | 129,429,000 | 125,365,000 | 121,389,000 | 114,485,000 | 110,235,000 | 106,165,000 | 101,233,000 | 98,347,000 | 95,019,000 | 92,621,000 | 90,167,000 | 87,563,000 | 85,249,000 | 83,138,000 | 81,454,000 | 73,265,000 | 71,865,000 | 68,437 | 66,438 | 64,292 | 59,867 | 57,906 | 54,128 | 52,143,000 | 54,407,000 | 52,668,000 | 51,246,000 | 50,178,000 | 51,274,000 | 49,414,000 | 46,717,000 | 46,331,000 | 46,958,000 | 48,325,000 | 46,480,000 | 45,279,000 | 52,659,000 | 48,771,000 | 45,471,000 | 43,016,000 | 40,573,000 | 43,533,000 | 42,140,000 | 40,573,000 | 39,298,000 | 38,312,000 | 37,424,000 | 36,245,000 | 37,523,000 | 37,114,000 | 36,780,000 | 34,916,000 | 33,893,000 | 32,979,000 | 31,280,000 | 29,306,000 | 27,425,000 | 25,519,000 | 22,423,000 | 21,099,000 | 19,706,000 | 18,456,000 | 17,238,000 | 14,805,000 | |||||||||||||||
retained earnings | 938,349,000 | 904,630,000 | 866,826,000 | 833,187,000 | 802,024,000 | 771,993,000 | 737,815,000 | 706,807,000 | 672,455,000 | 607,466,000 | 577,042,000 | 547,641,000 | 484,057,000 | 455,590,000 | 426,320,000 | 375,729,000 | 352,001,000 | 322,202,000 | 284,053,000 | 264,725,000 | 284,459,000 | 268,101,000 | 253,040,000 | 236,120,000 | 221,441,000 | 210,008,000 | 200,878,000 | 162,363,000 | 155,529,000 | 170,519 | 160,055 | 147,919 | 122,747 | 111,292 | 83,739 | 70,734,000 | 94,520,000 | 83,982,000 | 74,091,000 | 68,149,000 | 82,616,000 | 71,091,000 | 50,727,000 | 51,502,000 | 59,845,000 | 98,245,000 | 85,796,000 | 77,584,000 | 146,421,000 | 131,154,000 | 71,353,000 | 51,233,000 | 17,868,000 | 64,406,000 | 55,977,000 | 45,296,000 | 35,773,000 | 32,883,000 | 31,956,000 | 26,772,000 | 49,702,000 | 52,368,000 | 54,825,000 | 71,348,000 | 68,620,000 | 66,581,000 | 59,884,000 | 112,930,000 | 101,723,000 | 89,832,000 | 115,491,000 | 106,358,000 | 96,589,000 | 87,878,000 | 83,473,000 | 68,788,000 | |||||||||||||||
treasury stock | -432,209,000 | -389,067,000 | -348,957,000 | -328,572,000 | -320,927,000 | -296,991,000 | -251,055,000 | -250,951,000 | -226,896,000 | -228,374,000 | -226,230,000 | -212,794,000 | -211,138,000 | -211,138,000 | -180,717,000 | -140,862,000 | -100,719,000 | -100,994,000 | -103,095,000 | -103,121,000 | -103,171,000 | -103,196,000 | -103,633,000 | -103,706,000 | -103,969,000 | -104,142,000 | -104,502,000 | -104,874,000 | -104,874,000 | -90,652 | -90,712 | -90,743 | -80,642 | -80,834 | -80,847 | -81,275,000 | -81,300,000 | -81,403,000 | -81,772,000 | -74,808,000 | -45,376,000 | -45,386,000 | -28,746,000 | -16,732,000 | -17,116,000 | -17,120,000 | -17,127,000 | -17,142,000 | -17,147,000 | -17,152,000 | -17,164,000 | -17,109,000 | -17,142,000 | -17,136,000 | -17,184,000 | -17,023,000 | -17,042,000 | -13,311,000 | -12,848,000 | -12,956,000 | -11,521,000 | -10,779,000 | -10,240,000 | -8,031,000 | -3,368,000 | -11,000 | -91,000 | -4,482,000 | -4,578,000 | -4,473,000 | |||||||||||||||||||||
accumulated other comprehensive loss, net of tax of 4,992 | -33,573,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ equity | 1,366,895,000 | 1,390,005,000 | 1,375,417,000 | 1,334,453,000 | 1,295,361,000 | 1,254,371,000 | 1,318,132,000 | 1,227,702,000 | 1,215,653,000 | 1,095,463,000 | 1,099,751,000 | 1,089,510,000 | 993,867,000 | 1,014,812,000 | 1,040,035,000 | 1,053,665,000 | 1,079,997,000 | 1,108,423,000 | 1,064,322,000 | 1,041,284,000 | 1,044,874,000 | 1,021,192,000 | 999,877,000 | 969,886,000 | 957,819,000 | 946,849,000 | 945,107,000 | 915,890,000 | 903,801,000 | 929,998 | 925,202 | 896,491 | 879,726 | 870,924 | 870,242 | 863,606,000 | 771,687,000 | 692,202,000 | 689,290,000 | 695,555,000 | 727,916,000 | 724,357,000 | 713,128,000 | 732,331,000 | 717,060,000 | 746,042,000 | 464,174,000 | 330,166,000 | 382,569,000 | 359,634,000 | 319,351,000 | 261,317,000 | 242,018,000 | 301,167,000 | 338,758,000 | 359,461,000 | 341,795,000 | 313,475,000 | 338,322,000 | 336,426,000 | 351,713,000 | 340,283,000 | 343,610,000 | 344,177,000 | 341,167,000 | 338,690,000 | 333,056,000 | 314,864,000 | 294,667,000 | 286,676,000 | 205,023,000 | 201,680,000 | 200,076,000 | 193,576,000 | 181,648,000 | 140,401,000 | |||||||||||||||
total liabilities and stockholders’ equity | 12,047,903,000 | 12,465,657,000 | 12,229,812,000 | 12,231,510,000 | 11,729,257,000 | 11,500,734,000 | 11,461,382,000 | 11,259,085,000 | 11,159,235,000 | 1,208,567,000 | 10,257,138,000 | 10,031,547,000 | 10,057,581,000 | 1,054,206,000 | 10,058,179,000 | 10,247,774,000 | 10,190,120,000 | 1,114,018,000 | 10,606,865,000 | 10,461,813,000 | 10,153,342,000 | 1,129,096,000 | 10,018,991,000 | 9,932,719,000 | 6,464,127,000 | 6,603,191,000 | 6,583,352,000 | 6,656,674,000 | 6,501,562,000 | 6,247,121,000 | 6,189,053,000 | 6,712,596,000 | 6,874,572,000 | 7,673,339 | 7,710,145 | 7,855,638 | 8,380,225 | 8,435,934 | 8,702,551 | 9,193,368,000 | 6,051,205,000 | 6,375,648,000 | 6,461,355,000 | 6,693,666,000 | 7,023,288,000 | 7,082,547,000 | 7,176,129,000 | 7,312,777,000 | 7,403,057,000 | 8,078,544,000 | 6,508,520,000 | 6,550,833,000 | 6,381,046,000 | 6,950,304,000 | 6,485,946,000 | 6,205,536,000 | 5,914,666,000 | 6,060,179,000 | 6,158,119,000 | 5,999,855,000 | 5,857,189,000 | 5,290,649,000 | 5,292,053,000 | 4,373,690,000 | 4,662,330,000 | 4,832,662,000 | 4,564,098,000 | 4,395,046,000 | 4,250,652,000 | 4,215,285,000 | 4,168,170,000 | 3,938,391,000 | 3,725,695,000 | 3,466,215,000 | 3,344,243,000 | 3,152,920,000 | 3,039,468,000 | 2,806,288,000 | 2,805,611,000 | 2,610,696,000 | 2,363,831,000 | ||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 2,529,325 (december 31, 2024 - 2,444,135); no allowance for credit losses | 2,510,882,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 225,065 (december 31, 2024 - 267,174); no allowance for credit losses | 269,498,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held-for-investment, net of allowance for credit losses of 202,341 | 7,998,701,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
customers' liability on acceptances | 22,442,000 | 29,975,000 | 27,572,000 | 35,269,000 | 31,526,000 | 26,055,000 | 28,504,000 | 25,826,000 | 30,984,000 | 35,945,000 | 30,094,000 | 29,245,000 | 27,150,000 | 29,858,000 | 24,371,000 | 27,703,000 | 24,389,000 | 18,291,000 | 20,034,000 | 23,610,000 | 25,791,000 | 16,937,000 | 28,682,000 | 30,578,000 | 25,869,000 | 27,663,000 | 20,984,000 | 19,381,000 | 21,077 | 17,581 | 28,152 | 31,881 | 30,571 | 32,512 | 26,996,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax of 1,537 | -16,906,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 2,597,789 (december 31, 2024 - 2,444,135); no allowance for credit losses | 2,566,969,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 262,865 (december 31, 2024 - 267,174); no allowance for credit losses | 310,116,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held-for-investment, net of allowance for credit losses of 197,782 | 7,919,485,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax of 3,519 | -27,301,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 2,465,673 (december 31, 2024 - 2,444,135); no allowance for credit losses | 2,408,874,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 264,729 (december 31, 2024 - 267,174); no allowance for credit losses | 316,186,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held-for-investment, net of allowance for credit losses of 189,944 | 7,990,647,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax of 8,017 | -48,782,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 2,483,154 (december 31, 2024 - 2,444,135); no allowance for credit losses | 2,415,337,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 267,976 (december 31, 2024 - 267,174); no allowance for credit losses | 321,824,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held-for-investment, net of allowance for credit losses of 181,174 | 7,671,470,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax of 9,816 | -58,001,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 2,444,135 (december 31, 2023 - 2,177,761); no allowance for credit losses | 2,338,205,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 267,174 (december 31, 2023 - 490,764); no allowance for credit losses | 327,158,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held-for-investment, net of allowance for credit losses of 175,863 | 7,616,099,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax of 16,091 | -89,839,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 2,267,582 (december 31, 2023 - 2,177,761); no allowance for credit losses | 2,230,102,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 284,249 (december 31, 2023 - 490,764); no allowance for credit losses | 332,713,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held-for-investment, net of allowance for credit losses of 161,500 | 7,589,076,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
advances from the federal home loan bank of new york | 270,827,000 | 200,741,000 | 200,766,000 | 300,774,000 | 226,507,000 | 226,661,000 | 27,153,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax of 4,490 | -32,990,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 2,198,116 (december 31, 2023 - 2,177,761); no allowance for credit losses | 2,096,306,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 279,437 (december 31, 2023 - 490,764); no allowance for credit losses | 338,621,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held-for-investment, net of allowance for credit losses of 157,301 | 7,482,406,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax of 15,316 | -86,494,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 1,993,754 (december 31, 2023 - 2,177,761); no allowance for credit losses | 1,897,707,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 483,657 (december 31, 2023 - 490,764); no allowance for credit losses | 544,491,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held-for-investment, net of allowance for credit losses of 156,563 | 7,383,104,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax of 14,316 | -81,731,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 73,121,000 | 82,045,000 | 46,484,000 | 26,529,000 | 34,052,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment in bank subsidiary, equity method | 1,094,581,000 | 938,306,000 | 1,011,147,000 | 1,064,671,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment in nonbank subsidiaries, equity method | 40,145,000 | 32,525,000 | 35,915,000 | 32,293,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
advance to investment dealers | 6,000 | 17,213,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax asset | 293,000 | 11,121,000 | 20,306,000 | 37,372,000 | 924,000 | 66,121,000 | 76,101,000 | 87,608,000 | 2,627,000 | 128,663,000 | 144,799,000 | 154,540,000 | 2,637,000 | 178,957,000 | 186,730,000 | 111,147,000 | 112,744,000 | 113,763,000 | 122,934,000 | 125,141,000 | 128,270,000 | 127,421,000 | 143,048,000 | 145,518,000 | 121,217 | 123,298 | 127,657 | 147,968 | 155,165 | 112,575 | 117,201,000 | 35,912,000 | 35,887,000 | 33,123,000 | 32,023,000 | 33,102,000 | 32,637,000 | 30,404,000 | 30,350,000 | 30,650,000 | 19,517,000 | 32,186,000 | 31,685,000 | 26,590,000 | 25,756,000 | 23,422,000 | 28,463,000 | 22,577,000 | 17,249,000 | 12,931,000 | 10,362,000 | 14,136,000 | 18,005,000 | 13,562,000 | 14,150,000 | 12,698,000 | 14,861,000 | 13,845,000 | 6,980,000 | 6,191,000 | 6,347,000 | 6,207,000 | 6,649,000 | 7,337,000 | 6,821,000 | ||||||||||||||||||||||||||
due from bank subsidiary | 56,000 | 44,000 | 50,000 | 2,024,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends payable | 10,355,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due to non-bank subsidiary | 3,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity | 1,193,480,000 | 1,042,406,000 | 1,069,160,000 | 1,085,974,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
restricted cash | 142,000 | 164,000 | 169,000 | 175,000 | 179,000 | 199,000 | 1,050,000 | 1,050,000 | 1,050,000 | 1,049,000 | 3,030,000 | 3,030,000 | 3,030,000 | 3,030,000 | 3,030,000 | 3,030,000 | 3,030,000 | 3,349,000 | 32,907 | 15,170 | 15,170 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 1,663,633 (december 31, 2022 - 1,522,812); no allowance for credit losses “acl” | 1,513,153,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 441,759 (december 31, 2022 - 469,186); no allowance for credit losses | 519,145,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held for investment, net of allowance for credit losses of 157,529 | 7,104,206,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax of 22,803 | -127,677,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value, with amortized cost of 162 | 13,000 | 10,000 | 11,000 | 22,000 | 22,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 1,247,149 (december 31, 2022 - 1,522,812); no allowance for credit losses “acl” | 1,141,845,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 461,378 (december 31, 2022 - 469,186); no allowance for credit losses | 525,413,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held for investment, net of allowance for credit losses of 159,923 | 6,957,948,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax of 15,620 | -89,564,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 1,445,218 (december 31, 2022 - 1,522,812); no allowance for credit losses “acl” | 1,353,106,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 471,615 (december 31, 2022 - 469,186); no allowance for credit losses | 530,880,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held for investment, net of allowance for credit losses of 151,884 | 6,702,596,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax of 13,497 | -78,340,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividend payable | 9,513,000 | 6,010,000 | 5,223,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
subordinated capital notes | 36,083,000 | 36,083,000 | 36,083,000 | 36,083,000 | 36,083,000 | 36,083,000 | 36,083,000 | 36,083,000 | 36,083,000 | 36,083,000 | 36,083,000 | 36,083,000 | 36,083,000 | 36,083,000 | 102,983,000 | 102,808,000 | 101,190 | 100,797 | 100,404 | 99,486 | 98,961 | 98,436 | 146,038,000 | 36,083,000 | 36,083,000 | 36,083,000 | 36,083,000 | 36,083,000 | 36,083,000 | 36,083,000 | 36,083,000 | 36,083,000 | 36,083,000 | 36,083,000 | 36,083,000 | 36,083,000 | 36,083,000 | 36,083,000 | 36,083,000 | 36,083,000 | 36,083,000 | 36,083,000 | 36,083,000 | 36,083,000 | 36,083,000 | 36,083,000 | 36,083,000 | 72,166,000 | 72,166,000 | 72,166,000 | 72,166,000 | 72,166,000 | 72,166,000 | 72,166,000 | 72,166,000 | 72,166,000 | 72,166,000 | 35,000,000 | 35,000,000 | 35,000,000 | 35,000,000 | 35,000,000 | |||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 1,600,651 (december 31, 2021 - 503,421); no allowance for credit losses | 1,478,409,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 471,718 (december 31, 2021 - 363,653); no allowance for credit losses | 540,774,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held for investment, net of allowance for credit losses of 155,162 | 6,529,803,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
derivative liabilities | 28,000 | 21,000 | 191,000 | 1,136,000 | 1,293,000 | 1,465,000 | 1,895,000 | 2,078,000 | 985,000 | 439,000 | 333,000 | 622,000 | 679,000 | 752,000 | 1,281,000 | 5,413,000 | 6,220,000 | 11,414 | 13,617 | 13,830 | 16,741 | 16,701 | 24,024 | 26,260,000 | 58,269,000 | 56,217,000 | 49,426,000 | 47,425,000 | 48,146,000 | 13,918,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of tax of 17,943 | -103,889,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 1,217,883(december 31, 2021 - 503,421); no allowance for credit losses | 1,159,570,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 501,747 (december 31, 2021 - 363,653); no allowance for credit losses | 547,832,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held for investment, net of allowance for credit losses of 159,039 | 6,543,622,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
advances from fhlb | 27,586,000 | 28,035,000 | 62,559,000 | 63,569,000 | 64,570,000 | 66,543,000 | 67,518,000 | 80,085,000 | 81,111,000 | 77,620,000 | 73,531,000 | 128,114,000 | 43,934,000 | 99,643,000 | 306,480,000 | 331,980,000 | 334,787 | 360,240 | 335,689 | 336,578 | 285,395,000 | 286,653,000 | 281,713,000 | 281,753,000 | 281,753,000 | 281,747,000 | 281,687,000 | 281,753,000 | 281,753,000 | 281,735,000 | 281,687,000 | 281,753,000 | 281,741,000 | 281,718,000 | 281,675,000 | 308,442,000 | 281,724,000 | 331,895,000 | 331,853,000 | 331,898,000 | 348,114,000 | 180,000,000 | 195,000,000 | 181,900,000 | 165,000,000 | 285,500,000 | 300,000,000 | 300,000,000 | 300,000,000 | 301,500,000 | 300,000,000 | 300,000,000 | 300,000,000 | 310,800,000 | 306,000,000 | 130,000,000 | 206,500,000 | 211,000,000 | 205,000,000 | 205,000,000 | |||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of tax of 8,646 | -49,502,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 903,798(december 31, 2021, amortized cost 503,421); no allowance for credit losses | 880,338,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 329,969 (december 31, 2021 - 363,653); no allowance for credit losses | 359,806,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held for investment, net of allowance for credit losses of 157,075 | 6,390,896,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of tax of 3,007 | -20,638,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value, with amortized cost of 432 | 22,000 | 29,000 | 23,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 497,450 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(december 31, 2020, amortized cost 432,176); no allowance for credit losses | 509,107,000 | 501,619,000 | 471,009,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 371,827 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
no allowance for credit losses | 375,214,000 | 125,138,000 | 126,767,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
federal home loan bank (fhlb) stock, at cost | 7,496,000 | 7,541,000 | 8,233,000 | 8,322,000 | 8,366,000 | 12,821,000 | 12,800,000 | 12,644,000 | 12,461,000 | 14,919,000 | 11,499,000 | 13,995,000 | 19,838,000 | 20,761,000 | 21,189 | 24,381 | 24,430 | 24,470 | 22,156 | 33,458 | 38,411,000 | 22,865,000 | 22,868,000 | 23,779,000 | 23,779,000 | 23,779,000 | 23,779,000 | 22,496,000 | 22,496,000 | 22,496,000 | 22,496,000 | 19,937,000 | 19,937,000 | 19,937,000 | 19,937,000 | 19,812,000 | 21,013,000 | 19,812,000 | 22,062,000 | 20,658,000 | 20,658,000 | 21,387,000 | 13,909,000 | 14,197,000 | 13,607,000 | 12,847,000 | 18,269,000 | 19,403,000 | 27,058,000 | 27,058,000 | 28,160,000 | 28,160,000 | 28,160,000 | 28,160,000 | 22,537,000 | 22,537,000 | 22,537,000 | 17,320,000 | 17,320,000 | 17,320,000 | 17,320,000 | ||||||||||||||||||||||||||||||
other investments | 10,434,000 | 9,168,000 | 5,557,000 | 2,205,000 | 1,076,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 65 | 65 | 65 | 65 | 66 | 66 | 73,000 | 69,000 | 69,000 | 69,000 | 73,000 | 75,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 1,662,000 | 1,613,000 | 31,770,000 | 30,949,000 | |||||||||||||||||||||||||||||||||||||||||||||||
loans held for investment, net of allowance for credit losses of 180,872 | 6,229,991,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
see notes to unaudited consolidated financial statements | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities purchased but not yet received | 31,565,000 | 30,057 | 533,000 | 171,813,000 | 413,359,000 | 30,945,000 | 497,360,000 | 112,628,000 | 398,000 | 23,103,000 | 101,375,000 | 111,431,000 | 100,067,000 | 40,067,000 | 702,000 | 6,539,000 | 1,233,000 | 56,000 | 87,000 | 53,300,000 | 89,068,000 | 14,419,000 | 317,000 | 50,520,000 | 152,219,000 | 90,550,000 | 97,818,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock; 10,000,000 shares authorized; | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(december 31, 2020 - 1,340,000 shares of series a; 1,380,000 shares of series b; and 960,000 shares of series d issued and outstanding) 25 liquidation value | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
51,387,071 shares outstanding) | 59,885,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of tax of 1,901 | 8,620,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 491,321 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held for investment, net of allowance for credit losses of 191,717 | 6,306,375,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
960,000 shares of series d issued and outstanding | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(december 31, 2020 - 1,340,000 shares; 1,380,000 shares; and 960,000 shares) 25 liquidation value | 24,000,000 | 92,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
51,387,071 ) | 59,885,000 | 59,885,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of tax of 1,405 | 7,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 462,115 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held for investment, net of allowance for credit losses of 201,973 | 6,391,553,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1,340,000 shares of series a, 1,380,000 shares of series b, and 960,000 shares of series d issued and outstanding | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of tax of -1,200 | 6,230,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 412,900 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(december 31, 2019, amortized cost 1,074,475); no allowance for credit losses for any period | 423,815,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held for investment, net of allowance for credit losses of 235,313 | 6,524,614,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
core deposit, customer relationship and other intangibles | 48,650,000 | 51,406,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(december 31, 2019 - 1,340,000 shares; 1,380,000 shares; and 960,000 shares) 25 liquidation value | 92,000,000 | 92,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
51,398,956 ) | 59,885,000 | 59,885,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of tax of -753 | 8,268,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 529,985 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and allowance for credit losses of 0 | 540,239,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held for investment, net of allowance for credit losses of 232,701 | 6,719,811,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of tax of -590 | 7,588,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
item 3. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
item 4. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
part ii – other information | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
item 1. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
item 1a. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
item 2. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
item 5. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
item 6. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
signatures | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value, with amortized cost of 182 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 520,960 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 410,353 at december 31, 2018 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held for investment, net of allowance for loan losses of 154,343 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
derivative assets | 26,000 | 110,000 | 347,000 | 1,265,000 | 1,100,000 | 898,000 | 771,000 | 1,926,000 | 2,662,000 | 8,445 | 9,558 | 15,861 | 21,345 | 19,655 | 23,233 | 21,889,000 | 18,495,000 | 11,367,000 | 12,515,000 | 9,317,000 | 6,707,000 | 12,015,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value, with amortized cost of 511 | 412,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 860,911 | 857,433,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held for investment, net of allowance for loan losses of 162,642 | 4,459,821,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(december 31, 2018 - 1,340,000 shares; 1,380,000 shares; and 960,000 shares) 25 liquidation value | 92,000,000 | 92,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
51,293,924) | 59,885,000 | 59,885,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax of 750 | -3,686,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value, with amortized cost of 647 | 381,000 | 360,000 | 405,000 | 418,000 | 293,000 | 191,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 1,248,749 | 1,239,469,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held for investment, net of allowance for loan losses of 162,488 | 4,393,719,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax of 1,562 | -8,047,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 854,511 | 841,857,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 410,353 | 424,740,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held for investment, net of allowance for loan and lease losses of 164,231 | 4,421,226,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
the accompanying notes are an integral part of these consolidated financial statements | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(december 31, 2017 - 1,340,000 shares; 1,380,000 shares; and 960,000 shares) 25 liquidation value | 92,000,000 | 92,000,000 | 92,000,000 | 92,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
84,000 shares of series c issued and outstanding at december 31, 2017 1,000 liquidation value | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
43,947,442) | 59,885,000 | 52,626,000 | 52,626,000 | 52,626,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive | -10,963,000 | -20,795,000 | -15,262,000 | -12,185,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 872,895 | 848,552,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 425,066 | 444,679,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held for investment, net of allowance for loan and lease losses of 165,742 | 4,344,001,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
84,000 shares of series c issued and outstanding (december 31, 2017 - 84,000 shares); 1,000 liquidation value | 84,000,000 | 84,000,000 | 84,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 890,308 | 872,341,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 447,947 | 465,427,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held for investment, net of allowance for loan and lease losses of 165,434 | 4,305,651,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 815,970 | 801,641,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 467,980 | 485,143,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held for investment, net of allowance for loan and lease losses of 168,592 | 4,122,924,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 648,800 | 645,797,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 497,681 | 506,064,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held for investment, net of allowance for loan and lease losses of 167,509 | 4,044,057,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fdic indemnification asset | 18,426,000 | 20,923,000 | 120,619 | 143,660 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1,340,000 shares of series a, 1,380,000 shares of series b, and 960,000 shares of series d issued and outstanding, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
december 31, 2016 - 1,340,000 shares; 1,380,000 shares; and 960,000 shares) 25 liquidation value | 92,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
84,000 shares of series c issued and outstanding (december 31, 2016 - 84,000 shares); 1,000 liquidation value | 84,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
43,914,844) | 52,626,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of tax of 564 | -2,949,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exhibit index | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value, with amortized cost of 667 | 348,000 | 314,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 796,558 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 570,963 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mortgage loans held-for-sale, at lower of cost or fair value | 18,209,000 | 17,165,000 | 16,757 | 14,792 | 19,355 | 47,085 | 78,350 | 77,644 | 64,544,000 | 38,211,000 | 34,718,000 | 33,439,000 | 26,939,000 | 33,619,000 | 34,246,000 | 34,216,000 | 33,979,000 | 31,432,000 | 27,785,000 | 27,261,000 | 26,213,000 | 40,886,000 | 34,278,000 | 26,562,000 | 16,672,000 | 8,697,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held for investment, net of allowance for loan and lease losses of 121,034 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1,340,000 shares of series a, 1,380,000 shares of series b, and 960,000 shares of series d | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued and outstanding, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
25 liquidation value | 92,000,000 | 92,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
43,947,442 shares outstanding | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of tax of 296 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
see notes to unaudited financial statements | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 645,298 | 664,302,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 643,530 | 635,399,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held for investment, net of allowance for loan and lease losses of 162,216 | 4,355,408,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
84,000 shares of series c issued and outstanding (december 31, 2015 - 84,000 shares); 1,000 liquidation value | 84,000,000 | 84,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
43,913,719 shares outstanding | 52,626,000 | 52,626,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of tax of -456 | 15,805,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 653,673 | 669,285,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 641,346 | 637,036,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held for investment, net of allowance for loan and lease losses of 238,271 | 4,342,964,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of tax of 177 | 12,284,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
by: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
josé rafael fernández | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
president and chief executive officer | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
date: march 14, 2016 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value, with amortized cost of 1,324 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 982,754 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 595,148 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held for investment, net of allowance for loan and lease losses of 196,142 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued and outstanding, (december 31, 2014 - 1,340,000; 1,380,000; and 960,000) 25 liquidation value | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
84,000 shares of series c issued and outstanding (december 31, 2014 - 84,000); 1,000 liquidation value | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
43,867,909 shares outstanding | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of tax of 284 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
see notes to unaudited consolidated financial statements. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value, with amortized cost of 1,327 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 1,023,573 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 547,776 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-covered loans, net of allowance for loan and lease losses of 102,877 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
covered loans, net of allowance for loan and lease losses of 71,452 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreclosed real estate covered under shared-loss agreements with the fdic | 49,814 | 46,609 | 37,785 | 28,022 | 25,193 | 26,528 | 22,283,000 | 21,635,000 | 13,910,000 | 12,181,000 | 13,867,000 | 16,319,000 | 16,918,000 | 17,302,000 | 15,962,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreclosed real estate not covered under shared-loss agreements with the fdic | 50,750 | 55,626 | 59,099 | 56,432 | 56,496 | 54,810 | 53,164,000 | 17,765,000 | 17,721,000 | 16,356,000 | 13,812,000 | 14,675,000 | 12,793,000 | 11,969,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
44,367,909 shares outstanding | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of tax of -185 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 1,092,040 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 175,856 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-covered loans, net of allowance for loan and lease losses of 96,375 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
covered loans, net of allowance for loan and lease losses of 70,651 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
44,664,693 shares outstanding | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of tax of 692 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
date: february 26, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities purchased under agreements to resell | 85,000 | 60,000 | 80,000,000 | 270,000,000 | 225,000,000 | 170,000,000 | 165,000,000 | 16,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value, with amortized cost of 2,419 | 1,687 | 1,613 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 1,249,769 | 1,273,879 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 144,217 | 144,305 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-covered loans, net of allowance for loan and lease losses of 64,859 | 4,528,452 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
covered loans, net of allowance for loan and lease losses of 62,227 | 311,693 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued and outstanding, (december 31, 2013 - 1,340,000; 1,380,000; and 960,000) 25 liquidation value | 92,000 | 92,000 | 92,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
84,000 shares of series c issued and outstanding (december 31, 2013 - 84,000); 1,000 liquidation value | 84,000 | 84,000 | 84,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
45,059,988 shares outstanding | 52,761 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of tax of 1,867 | 13,411 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 1,385,438 | 1,418,958 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 26,844 | 26,706 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-covered loans, net of allowance for loan and lease losses of 60,360 | 4,586,904 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
covered loans, net of allowance for loan and lease losses of 59,515 | 334,344 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
45,022,823 shares outstanding | 52,730 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of tax of 1,134 | 21,755 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value, with amortized cost of 2,453 | 1,910 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 1,437,106 | 1,455,685 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans not covered under shared-loss agreements with the fdic, net of allowance for loan and lease losses of 56,183 | 4,635,394 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans covered under shared-loss agreements with the fdic, net of allowance for loan and lease losses of 54,398 | 347,865 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fdic shared-loss indemnification asset | 166,194 | 207,908 | 236,472 | 266,958 | 286,799,000 | 328,573,000 | 359,767,000 | 378,444,000 | 392,367,000 | 392,096,000 | 437,434,000 | 436,889,000 | 471,872,000 | 562,364,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
federal funds purchased | 23,712 | 11,641,000 | 12,310,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
45,003,924 shares outstanding | 52,714 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of tax of 87 | 8,022 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
date: march 3, 2014 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value, with amortized cost of 2,606 | 2,124 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 1,654,133 | 1,677,248 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans not covered under shared-loss agreements with the fdic, net of allowance for loan and lease losses of 49,614 | 4,720,174 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans covered under shared-loss agreements with the fdic, net of allowance for loan and lease losses of 56,555 | 361,564 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short term borrowings | 60,846 | 92,222,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued and outstanding, (december 31, 2012 - 1,340,000; 1,380,000; and 960,000) 25 liquidation value | 92,000 | 92,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
84,000 shares of series c issued and outstanding (december 31, 2012 - 84,000); 1,000 liquidation value | 84,000 | 84,000 | 84,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
45,660,522 shares outstanding | 52,691 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of tax of 786 | 10,832 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value, with amortized cost of 2,286 | 2,209 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 1,807,335 | 1,836,229 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities sold but not yet delivered | 16,732 | 317,209,000 | 1,490,000 | 116,747,000 | 417,280,000 | 360,764,000 | 289,565,000 | 834,976,000 | 4,857,000 | 26,995,000 | 45,866,000 | 46,461,000 | 74,289,000 | 6,430,000 | 87,487,000 | 710,000 | 1,192,000 | 707,000 | 1,034,000 | 179,000 | 688,000 | 23,369,000 | 47,312,000 | 12,188,000 | 7,304,000 | 156,487,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans not covered under shared-loss agreements with the fdic, net of allowance for loan and lease losses of 46,625 | 4,543,299 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans covered under shared-loss agreements with the fdic, net of allowance for loan and lease losses of 53,992 | 369,380 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
certificates of deposit | 2,363,845 | 2,487,075 | 2,607,588,000 | 915,005,000 | 930,173,000 | 1,033,699,000 | 1,163,737,000 | 1,142,428,000 | 1,194,914,000 | 1,313,083,000 | 1,398,644,000 | 1,472,763,000 | 1,448,187,000 | 977,903,000 | 965,203,000 | 1,075,689,000 | 1,107,444,000 | 1,182,359,000 | 1,281,350,000 | 1,006,468,000 | 960,368,000 | 860,004,000 | 739,478,000 | 821,405,000 | 891,852,000 | 905,656,000 | 834,370,000 | 943,683,000 | 901,553,000 | 1,021,398,000 | 1,072,564,000 | 1,006,807,000 | 950,886,000 | 811,037,000 | 814,480,000 | 809,590,000 | 467,562,000 | 439,214,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
advances from fhlb and other borrowings | 322,300 | 462,906 | 554,177,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
45,640,105 shares outstanding | 52,689 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of tax of -174 | 15,766 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value, with amortized cost of 1,835 | 1,787 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 1,948,685 | 2,013,155 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans not covered under shared-loss agreements with the fdic, net of allowance for loan and lease losses of | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
42,720 | 4,757,003 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans covered under shared-loss agreements with the fdic, net of allowance for loan and lease losses of | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
52,974 | 379,734 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued and outstanding, (december 31, 2012 - 1,340,000 ; 1,380,000 ; and 960,000) 25 liquidation value | 92,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
45,621,199 shares outstanding | 52,671 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of tax of 1,101 | 47,051 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value, with amortized cost of 508 | 495,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 2,118,825 | 2,194,286,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 904,556 at december 31, 2011 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
39,921 | 4,722,174,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
54,124 | 395,307,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fdic-guaranteed term notes | 105,834,000 | 105,112,000 | 105,834,000 | 105,112,000 | 105,834,000 | 105,112,000 | 105,834,000 | 105,112,000 | 105,834,000 | 105,112,000 | 105,834,000 | 105,112,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued and outstanding, (december 31, 2011 - 1,340,000 ; 1,380,000 ; and 0) 25 liquidation value | 92,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
84,000 shares of series c issued and outstanding (december 31, 2011 - 0); 1,000 liquidation value | 84,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
45,580,281 shares outstanding | 52,671,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of tax of 1,802 | 55,880,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
the accompanying notes are an integral part of these consolidated financial statements. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value, with amortized cost of 1,503 | 1,514,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 2,228,629 | 2,293,550,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 874,921 | 835,084,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
39,120 | 1,144,519,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
56,865 | 413,588,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1,340,000 shares of series a and 1,380,000 shares of series b issued and outstanding, 25 liquidation value | 68,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
84,000 shares of series c issued and outstanding; 1,000 liquidation value | 84,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
40,745,946 shares outstanding | 47,842,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of tax of -2,411 | 9,063,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value, with amortized cost of 211 | 214,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 2,536,772 | 2,612,839,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 925,266 | 895,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
37,402 | 1,137,918,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
58,628 | 447,720,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 1 par value; 10,000,000 shares authorized; 1,340,000 shares of series a and | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1,380,000 shares of series b issued and outstanding, 25 liquidation value | 68,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
40,730,831 shares outstanding | 47,842,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of tax of -1,411 | 21,261,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value, with amortized cost of 365 | 364,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 2,591,603 | 2,672,416,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 969,400 | 948,490,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans not covered under shared-loss agreements with the fdic, net of allowance for loan and lease losses of 37,361 | 1,161,293,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans covered under shared-loss agreements with the fdic, net of allowance for loan and lease losses of 56,437 | 461,759,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term borrowings | 43,564,000 | 39,920,000 | 46,619,000 | 31,812,000 | 32,335,000 | 42,470,000 | 29,959,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 1 par value; 10,000,000 shares authorized; 1,340,000 shares of series a and 1,380,000 shares of series b issued and outstanding, 25 liquidation value. | 68,000,000 | 68,000,000 | 68,000,000 | 68,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of tax of 1,464 | 30,098,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value, with amortized cost of 176 | 180,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 2,873,682 | 2,959,912,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 904,556 | 884,026,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans not covered under shared-loss agreements with the fdic, net of allowance for loan and lease losses of 37,010 | 1,146,738,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans covered under shared-loss agreements with the fdic, net of allowance for loan and lease losses of 37,256 | 496,276,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fdic net settlement payable | 115,000 | 41,000 | 602,000 | 1,774,000 | 24,839,000 | 41,601,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 1 par value; 10,000,000 shares authorized; 1,340,000 shares of series a and 1,380,000 shares of series b issued and outstanding, 25 liquidation value | 68,000,000 | 68,000,000 | 68,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of tax of 1,848 | 37,131,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value, with amortized cost of 343 | 346,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 3,154,057 | 3,226,972,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 854,633 | 837,920,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans not covered under shared-loss agreements with the fdic, net of allowance for loan and lease losses of 35,869 | 1,125,769,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans covered under shared-loss agreements with the fdic, net of allowance for loan and lease losses of 37,240 | 524,490,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of tax of 249 | 24,719,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value, with amortized cost of 874 | 864,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 3,529,671 | 3,581,087,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 858,226 | 863,779,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans not covered under shared-loss agreements with the fdic, net of allowance for loan and lease losses of 34,229 | 1,130,460,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans covered under shared-loss agreements with the fdic, net of allowance for loan and lease losses of 53,036 | 542,543,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreclosed real estate not covered uder shared-loss agreements with the fdic | 12,031,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of tax of 2,799 | 34,874,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value, with amortized cost of 1,447 | 1,444,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 3,562,745 | 3,587,930,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 855,816 | 875,494,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans not covered under shared-loss agreements with the fdic, net of allowance for loan and lease losses of 32,727 | 1,108,324,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans covered under shared-loss agreements with the fdic, net of allowance for loan and lease losses of 53,480 | 589,912,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
forward settlement swaps | 7,203,000 | 11,023,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment in equity indexed options | 11,764,000 | 9,870,000 | 5,983,000 | 2,412,000 | 3,052,000 | 12,801,000 | 13,548,000 | 27,641,000 | 34,475,000 | 40,709,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment in swap options | 7,804,000 | 7,422,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of tax of | 30,319,000 | 36,987,000 | 13,079,000 | 25,362,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value, with amortized cost of 1,307 | 1,330,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 3,661,146 | 3,700,064,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost, with fair value of 675,721 at december 31, 2010 | 689,917,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans not covered under shared-loss agreements with the fdic, net of allowance for loan and lease losses of 31,430 | 1,117,859,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans covered under shared-loss agreements with the fdic, net of allowance for loan and lease losses of 49,286 at december 31, 2010 | 620,732,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value, with amortized cost of 100 | 102,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 4,304,055 | 4,317,088,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans not covered under shared loss agreements with the fdic, net of allowance for loan and lease losses of 29,640 | 1,107,338,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans covered under shared loss agreements with the fdic | 722,858,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreclosed real estate covered under shared loss agreements with the fdic | 19,322,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreclosed real estate not covered under shared loss agreements with the fdic | 13,765,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
core deposit intangible | 1,363,000 | 1,399,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
servicing asset | 9,647,000 | 9,285,000 | 7,569,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value with amortized cost of 55 | 56,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value with amortized cost of 4,913,939 | 4,941,528,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mortgage loans not-covered by fdic shared-loss agreements held-for-sale, at lower of cost or fair value | 27,519,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-covered loans receivable, net of allowance for loan and lease losses of 28,002 | 1,109,585,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans covered by fdic shared loss agreements | 809,895,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fdic loss-share indemnification asset | 517,695,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
covered foreclosed real estate | 19,495,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-covered foreclosed real estate | 12,277,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
federal funds purchased and other short-term borrowings | 45,200,000 | 37,953,000 | 49,179,000 | 29,193,000 | 27,460,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase money note issued to the fdic | 711,076,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 1 par value; 10,000,000 shares authorized; 1,340,000 shares of series a and 1,380,000 shares of series b issued and outstanding, 25 liquidation value;200,000 shares of series c issued and outstanding, 1,000 liquidation value | 245,289,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
additional paid-in capital from beneficial conversion feature | 22,711,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value with amortized cost of 293 | 293,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value with amortized cost of 4,673,956 | 4,616,819,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans receivable, net of allowance for loan losses of 25,977 | 1,103,494,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 1 par value; 5,000,000 shares authorized; 25 liquidation value; 1,340,000 shares of series a and 1,380,000 shares of series b issued and outstanding | 68,000,000 | 68,000,000 | 68,000,000 | 68,000,000 | 68,000,000 | 68,000,000 | 68,000,000 | 68,000,000 | 68,000,000 | 68,000,000 | 68,000,000 | 68,000,000 | 68,000,000 | 68,000,000 | 68,000,000 | 68,000,000 | 68,000,000 | 68,000,000 | 68,000,000 | 68,000,000 | 68,000,000 | 68,000,000 | 68,000,000 | 68,000,000 | 68,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax of 3,966 | -52,996,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value with amortized cost of 522 | 523,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value with amortized cost of 5,044,017 | 4,953,659,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans receivable, net of allowance for loan losses of 23,272 | 1,112,808,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax of 7,445 | -82,739,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value with amortized cost of 37 | 39,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value with amortized cost of 4,604,048 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities pledged that can be repledged | 3,919,168,000 | 4,494,030,000 | 4,333,749,000 | 3,790,733,000 | 3,169,863,000 | 3,213,381,000 | 3,301,880,000 | 2,903,078,000 | 2,663,438,000 | 1,846,450,000 | 1,805,124,000 | 947,880,000 | 788,508,000 | 974,763,000 | 668,561,000 | 414,557,000 | 409,556,000 | 573,585,000 | 470,910,000 | 1,145,672,000 | 986,165,000 | 966,863,000 | 737,285,000 | 1,446,385,000 | 1,685,188,000 | 1,675,979,000 | 1,344,248,000 | 1,571,124,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other investment securities | 573,458,000 | 456,490,000 | 221,784,000 | 133,474,000 | 137,957,000 | 168,926,000 | 163,861,000 | 166,204,000 | 165,733,000 | 59,878,000 | 20,818,000 | 27,080,000 | 246,824,000 | 225,481,000 | 420,052,000 | 602,798,000 | 620,164,000 | 612,845,000 | 766,243,000 | 434,349,000 | 541,242,000 | 414,552,000 | 543,248,000 | 761,219,000 | 333,363,000 | 353,595,000 | 360,170,000 | 15,898,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total investment securities available-for-sale | 4,492,626,000 | 4,950,520,000 | 4,555,533,000 | 3,924,207,000 | 3,307,820,000 | 3,382,307,000 | 3,465,741,000 | 3,069,282,000 | 2,829,171,000 | 1,906,328,000 | 1,825,942,000 | 974,960,000 | 1,035,332,000 | 1,200,244,000 | 1,088,613,000 | 1,017,355,000 | 1,029,720,000 | 1,186,430,000 | 1,237,153,000 | 1,580,021,000 | 1,527,407,000 | 1,381,415,000 | 1,280,533,000 | 2,207,604,000 | 2,018,551,000 | 2,029,574,000 | 1,704,418,000 | 1,587,022,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans receivable, net of allowance for loan losses of 20,176 | 1,125,379,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
federal funds purchased and other short term borrowings | 35,328,000 | 27,748,000 | 44,310,000 | 41,026,000 | 41,583,000 | 36,517,000 | 27,246,000 | 24,641,000 | 3,139,000 | 13,568,000 | 45,070,000 | 17,098,000 | 13,811,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax of 4,881 | -106,367,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value with amortized cost of 888 | 904,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value with amortized cost of 5,064,700 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans receivable, net of allowance for loan losses of 16,718 | 1,146,188,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax of 4,165 | -109,840,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value with amortized cost of 633 | 608,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value with amortized cost of 4,648,495 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans receivable, net of allowance for loan losses of 15,147 | 1,165,153,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax of 1,825 | -86,832,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value with amortized cost of 255 | 256,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value with amortized cost of 4,052,574 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost with fair value at december 31, 2007 of 1,478,112 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total investment securities held-to-maturity | 1,191,671,000 | 1,238,147,000 | 1,277,171,000 | 1,492,887,000 | 1,555,671,000 | 1,764,585,000 | 1,903,707,000 | 1,967,477,000 | 2,182,612,000 | 2,243,219,000 | 2,306,410,000 | 2,261,155,000 | 2,134,746,000 | 2,032,519,000 | 2,008,489,000 | 1,319,176,000 | 1,282,862,000 | 1,233,033,000 | 899,139,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans receivable, net of allowance for loan losses of 14,293 | 1,192,550,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax of 6,004 | -122,187,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value with amortized cost of 1,078 | 1,061,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value with amortized cost of 3,403,608 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost with fair value of 1,171,853 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mortgage loans held-for-sale, at lower of cost or market | 31,152,000 | 42,122,000 | 25,577,000 | 21,607,000 | 66,032,000 | 42,204,000 | 10,603,000 | 8,582,000 | 9,564,000 | 12,998,000 | 19,572,000 | 17,963,000 | 15,489,000 | 5,567,000 | 5,968,000 | 5,814,000 | 7,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans receivable, net of allowance for loan losses of 12,466 | 1,188,686,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax of 5,317 | -105,530,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value with amortized cost of 1,298 | 1,311,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value with amortized cost of 3,467,005 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost with fair value of 1,198,736 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans receivable, net of allowance for loan losses of 11,885 | 1,176,035,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax of 4,402 | -95,654,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value with amortized cost of 92 | 93,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value with amortized cost of 3,497,906 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost with fair value of 1,263,260 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans receivable, net of allowance for loan losses of 11,092 | 1,159,856,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax of 246 | -47,963,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value with amortized cost of 1,103 | 1,122,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value with amortized cost of 3,063,763 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost with fair value of 1,478,112 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans receivable, net of allowance for loan losses of 10,161 | 1,162,894,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
term notes | 15,000,000 | 15,000,000 | 15,000,000 | 15,000,000 | 15,000,000 | 15,000,000 | 15,000,000 | 15,000,000 | 15,000,000 | 15,000,000 | 15,000,000 | 15,000,000 | 15,000,000 | 15,000,000 | 15,000,000 | 15,000,000 | 15,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax of 2,166 | -13,015,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
time deposits with other banks | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 30,000,000 | 60,000,000 | 60,000,000 | 30,000,000 | 5,547,000 | 365,000 | 404,000 | 21,699,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value with amortized cost of 243 | 240,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value with amortized cost of 2,832,329 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost with fair value of 1,526,876 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans receivable, net of allowance for loan losses of 9,055 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax of 7 | -19,796,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value with amortized cost of 548 | 548,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value with amortized cost of 1,940,707 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost with fair value of 1,714,608 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans receivable, net of allowance for loan losses of 8,432 | 1,206,145,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax of 4,030 | -47,812,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value with amortized cost of 463 | 461,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value with amortized cost of 1,828,459 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost with fair value of 1,880,479 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other intestments | 31,578,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans receivable, net of allowance for loan losses of 8,046 | 1,191,690,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax of 351 | -20,897,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short term investments | 5,000,000 | 35,722,000 | 70,288,000 | 70,387,000 | 39,791,000 | 5,231,000 | 25,112,000 | 74,602,000 | 7,747,000 | 6,093,000 | 31,350,000 | 1,152,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value with amortized cost of 246 | 243,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value with amortized cost of 984,060 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost with fair value of 1,931,720 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans receivable, net of allowance for loan losses of 8,016 | 1,201,767,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities and loans purchased but not yet received | 100,000,000 | 22,772,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax of 290 | -16,099,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value with amortized cost of 349 | 347,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value with amortized cost of 1,058,283 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost with fair value of 2,141,020 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans receivable, net of allowance for loan losses of 7,645 | 1,169,869,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax of 1,314 | -26,040,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value with amortized cost of 362 | 368,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value with amortized cost of 1,245,907 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost with fair value of 2,158,770 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans receivable, net of allowance for loan losses of 7,501 | 1,144,374,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax of 3,381 | -40,410,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value with amortized cost of 319 | 320,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value with amortized cost of 1,123,556 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost with fair value of 2,244,432 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans receivable, net of allowance for loan losses of 7,160 | 928,242,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax of 2,389 | -39,701,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value with amortized cost of 185 | 188,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value with amortized cost of 1,034,663 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost with fair value of 2,239,607 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans receivable, net of allowance for loan losses of 6,837 | 882,152,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax benefit of 1,055 | -35,902,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value with amortized cost of 259 | 265,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value with amortized cost of 1,036,153 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost with fair value of 2,142,708 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans receivable, net of allowance for loan losses of 6,495 | 889,428,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax benefit of 311 | -38,383,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value with amortized cost of 264 | 267,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value with amortized cost of 1,200,799 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost with fair value of 2,013,926 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans receivable, net of allowance for loan losses of 6,980 | 843,408,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax effect of 243 | -39,782,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value with amortized cost of 1,101 | 1,115,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value with amortized cost of 1,234,081 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost with fair value of 2,020,056 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans receivable, net of allowance for loan losses of 7,565 | 766,142,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax effect of 359 | -37,023,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value with amortized cost of 52 | 54,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value with amortized cost of 1,573,600 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost with fair value of 1,332,739 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans receivable, net of allowance for loan losses of 7,860 | 820,297,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax effect of 196 | -40,514,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
see notes to consolidated financial statements. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value with amortized cost of 561 | 574,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value with amortized cost of 1,533,145 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost with fair value of 1,275,534 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans receivable, net of allowance for loan losses of 7,553 | 737,642,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax effect of 4,148 | -45,362,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value with amortized cost of 2,803 | 2,820,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value with amortized cost of 1,357,146 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost with fair value of 1,262,922 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans receivable, net of allowance for loan losses of 6,632 | 710,512,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment in equity options | 14,450,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
individual retirement accounts | 366,261,000 | 353,732,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax effect of 3,503 | -38,534,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value with amortized cost of 2,119 | 2,154,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value, with amortized cost of 1,259,340 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity, at amortized cost (with fair value of 921,505) : | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans receivable, net of allowance for loan losses of 5,889 | 675,544,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
saving accounts | 85,623,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trust redeemable preferred securities | 70,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax effect of 1,108 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value with amortized cost of 998 | 1,037,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value with amortized cost of 2,162,480 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities and loans sold but not yet delivered | 1,894,000 | 12,169,000 | 16,884,000 | 153,021,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held-for-sale, at lower of cost or market | 9,198,000 | 14,631,000 | 13,516,000 | 12,122,000 | 18,657,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans receivable, net of allowance for loan losses of 5,031 | 719,264,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
savings and demand | 224,514,000 | 208,158,000 | 203,048,000 | 201,252,000 | 175,126,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
time and ira accounts | 817,895,000 | 831,238,000 | 746,206,000 | 800,280,000 | 653,298,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deposits: - sum | 1,042,409,000 | 1,039,396,000 | 949,254,000 | 1,001,532,000 | 828,424,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued interest | 1,856,000 | 1,809,000 | 2,077,000 | 2,200,000 | 2,072,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 1 par value; 5,000,000 shares authorized; 25 liquidation value; 1,340,000 shares issued and outstanding | 33,500,000 | 33,500,000 | 33,500,000 | 33,500,000 | 33,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short term investments - money market | 3,673,000 | 878,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities, at fair value with amortized cost of 1,574 | 1,631,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value with amortized cost of 1,966,827 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans receivable, net of allowance for loan losses of 4,075 | 670,232,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of tax expense of 3,727 | 10,777,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities that cannot be repledged, at fair value | 1,448,000 | 33,574,000 | 61,427,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale, at fair value: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans receivable, net of allowance for loan losses of 3,901 | 652,874,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of tax expense of 3,887 | 14,777,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total short term investments | 2,094,000 | 45,699,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans receivable, net of allowance for loan losses of 3,300, september 30, 2002 and 3,039, june 30, 2002 | 610,341,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of tax expense of 2,523 | 13,371,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans receivable, net of allowance for loan losses of 3,048, march 31, 2002 and 2,856, june 30, 2001 | 544,057,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments in equity options | 20,641,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax expense of 699 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders' equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders' equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders' equity |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-03-31 | 2012-03-31 | 2011-03-31 | 2010-06-30 | 2010-03-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-09-30 | 2005-03-31 | 2004-12-31 | 2004-09-30 | 2004-03-31 | 2003-12-31 | 2003-09-30 | 2003-03-31 | 2002-12-31 | 2002-09-30 | 2002-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | |||||||||||||||||||||||||||||||||||||||||
net income | 53,937,000 | 149,210,000 | 97,373,000 | 45,572,000 | 147,823,000 | 100,823,000 | 49,692,000 | 135,275,000 | 90,402,000 | 46,229,000 | 119,872,000 | 77,953,000 | 37,521,000 | 30,373,000 | 10,653,000 | 3,081,000 | 29,285,000 | 11,936,000 | 96,990,000 | 75,662,000 | 24,748,000 | -13,621,000 | 31,275,000 | 16,848,000 | 25,890,000 | 17,440,000 | 10,991,000 | 12,945,000 | 10,569,000 | 8,050,000 | 8,421,000 | 48,973,000 | 35,922,000 | 17,406,000 | 45,571,000 | 13,559,000 | 37,095,000 | 24,089,000 | 11,574,000 | 27,407,000 | |
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||
amortization of premiums, net of | 479,000 | ||||||||||||||||||||||||||||||||||||||||
accretion of investment securities discounts, net of amortization of premiums | -390,000 | -536,000 | -259,000 | -83,000 | |||||||||||||||||||||||||||||||||||||
amortization of other intangible assets | 985,000 | 3,696,000 | 2,464,000 | 1,232,000 | 4,434,000 | 2,956,000 | 1,478,000 | 5,174,000 | 3,450,000 | 1,725,000 | 6,431,000 | 4,293,000 | 2,146,000 | 2,451,000 | |||||||||||||||||||||||||||
net change in operating leases | -83,000 | -204,000 | -121,000 | -59,000 | -55,000 | 3,000 | 59,000 | 251,000 | 184,000 | 86,000 | 270,000 | 187,000 | 59,000 | 120,000 | |||||||||||||||||||||||||||
depreciation and amortization of premises and equipment | 4,820,000 | 15,448,000 | 10,170,000 | 5,085,000 | 16,028,000 | 10,600,000 | 5,286,000 | 15,290,000 | 10,210,000 | 5,043,000 | 10,593,000 | 7,353,000 | 3,780,000 | 3,366,000 | 1,210,000 | 1,468,000 | 2,596,000 | 1,333,000 | 4,505,000 | 3,047,000 | 1,468,000 | 4,021,000 | 2,613,000 | 1,275,000 | 4,094,000 | 2,916,000 | 1,393,000 | 3,998,000 | 2,672,000 | 1,567,000 | 1,595,000 | 4,045,000 | 2,714,000 | 1,347,000 | 3,619,000 | 1,138,000 | 3,524,000 | 2,263,000 | 1,109,000 | 3,280,000 | |
deferred income tax benefit | -12,280,000 | -4,732,000 | -319,000 | -157,000 | -270,000 | -116,000 | -53,000 | -46,000 | |||||||||||||||||||||||||||||||||
provision for credit losses | 22,483,000 | 75,624,000 | 47,366,000 | 25,688,000 | 52,061,000 | 30,702,000 | 15,121,000 | 40,919,000 | 24,489,000 | 9,445,000 | 8,241,000 | 1,551,000 | |||||||||||||||||||||||||||||
stock-based compensation | 1,386,000 | 4,612,000 | 3,150,000 | 1,615,000 | 4,722,000 | 3,130,000 | 1,165,000 | 3,723,000 | 2,368,000 | 965,000 | 2,915,000 | 2,004,000 | 973,000 | 2,209,000 | 366,000 | 368,000 | 546,000 | 263,000 | 550,000 | 337,000 | 159,000 | 444,000 | 252,000 | 73,000 | 30,000 | 12,000 | 4,000 | 16,000 | 16,000 | 6,000 | |||||||||||
loss on: | |||||||||||||||||||||||||||||||||||||||||
sale of loans | 108,000 | -1,546,000 | -1,078,000 | -625,000 | -1,293,000 | -660,000 | -335,000 | -327,000 | -287,000 | -252,000 | -1,335,000 | -1,169,000 | -899,000 | -1,894,000 | |||||||||||||||||||||||||||
foreclosed real estate and other repossessed assets | -546,000 | -1,826,000 | -374,000 | -39,000 | -1,243,000 | -1,867,000 | -566,000 | -5,820,000 | -4,472,000 | -238,000 | -11,077,000 | -8,012,000 | -4,157,000 | -1,583,000 | |||||||||||||||||||||||||||
originations and purchases of loans held-for-sale | -23,300,000 | -97,063,000 | -66,993,000 | -30,040,000 | -88,089,000 | -60,378,000 | -27,696,000 | -67,235,000 | -59,847,000 | -27,509,000 | -152,350,000 | -116,314,000 | -56,954,000 | -92,264,000 | -43,144,000 | -52,807,000 | -56,332,000 | -49,958,000 | -169,598,000 | -116,581,000 | -57,553,000 | -99,372,000 | -74,265,000 | -28,142,000 | -96,683,000 | ||||||||||||||||
proceeds from sale of loans held-for-sale | 3,889,000 | 34,054,000 | 25,494,000 | 12,049,000 | 79,283,000 | 56,045,000 | 19,685,000 | 8,012,000 | 5,596,000 | 3,260,000 | 93,756,000 | 86,596,000 | 57,261,000 | 62,886,000 | 22,906,000 | 17,970,000 | 35,451,000 | 17,633,000 | 88,838,000 | 64,993,000 | 22,980,000 | 36,920,000 | 20,918,000 | 7,293,000 | 43,591,000 | 25,223,000 | 5,227,000 | 28,963,000 | 13,525,000 | 6,656,000 | 8,125,000 | 11,143,000 | 119,553,000 | 74,756,000 | 2,867,000 | 2,610,000 | 236,000 | 30,596,000 | |||
net decrease in: | |||||||||||||||||||||||||||||||||||||||||
accrued interest receivable | 1,432,000 | 112,000 | -2,106,000 | 1,678,000 | 1,015,000 | -1,576,000 | -694,000 | -5,474,000 | -947,000 | 307,000 | -2,885,000 | -2,066,000 | 478,000 | 4,519,000 | 1,432,000 | 112,000 | -1,016,000 | -3,444,000 | 3,944,000 | 6,129,000 | 5,329,000 | 14,211,000 | 9,473,000 | 15,289,000 | -5,222,000 | -17,867,000 | -2,542,000 | 406,000 | -2,246,000 | -472,000 | -2,443,000 | -4,048,000 | -2,162,000 | 56,000 | -1,576,000 | 88,000 | 37,000 | ||||
servicing assets | -895,000 | 2,998,000 | 1,847,000 | 1,197,000 | 2,434,000 | -269,000 | -33,000 | 320,000 | 955,000 | 1,576,000 | -1,088,000 | -307,000 | -473,000 | -616,000 | |||||||||||||||||||||||||||
other assets | -1,208,000 | -68,691,000 | -42,158,000 | 9,855,000 | -50,014,000 | -34,323,000 | -558,000 | 287,000 | -6,458,000 | -9,764,000 | 13,145,000 | -716,000 | 11,298,000 | -7,190,000 | 3,858,000 | 2,374,000 | -8,762,000 | 419,000 | -4,679,000 | -3,712,000 | -6,891,000 | -9,391,000 | -11,219,000 | -5,364,000 | -8,700,000 | -4,597,000 | -3,239,000 | -4,810,000 | -7,375,000 | 152,000 | 1,882,000 | -1,641,000 | -1,366,000 | -58,000 | -1,533,000 | 19,253,000 | 1,180,000 | ||||
net increase in: | |||||||||||||||||||||||||||||||||||||||||
accrued interest on deposits and borrowings | -645,000 | 2,237,000 | 1,619,000 | -694,000 | -908,000 | -1,226,000 | -1,254,000 | 1,373,000 | 1,083,000 | 543,000 | -238,000 | -151,000 | -152,000 | -291,000 | -627,000 | -312,000 | 1,553,000 | -563,000 | -3,525,000 | -1,451,000 | -2,071,000 | 1,572,000 | 604,000 | -729,000 | 6,649,000 | -4,216,000 | -2,683,000 | 231,000 | -2,492,000 | -153,000 | 7,941,000 | 6,466,000 | 1,923,000 | 3,934,000 | 4,255,000 | 2,443,000 | 4,148,000 | 395,000 | 2,997,000 | 2,197,000 | |
accrued expenses and other liabilities | 22,949,000 | 43,688,000 | 43,239,000 | 13,700,000 | 23,405,000 | 40,525,000 | -1,420,000 | 6,255,000 | -269,000 | 7,259,000 | -27,173,000 | 2,924,000 | -28,860,000 | 18,887,000 | -7,409,000 | -17,143,000 | 365,000 | 4,476,000 | 10,810,000 | ||||||||||||||||||||||
net cash from operating activities | 73,121,000 | 158,505,000 | 119,003,000 | 83,071,000 | 214,222,000 | 156,077,000 | 60,991,000 | 188,133,000 | 99,343,000 | 52,200,000 | 115,546,000 | 89,683,000 | 39,203,000 | 36,404,000 | 6,148,000 | -31,419,000 | 11,792,000 | -13,906,000 | -3,198,000 | 8,227,000 | -20,513,000 | -4,360,000 | -23,608,000 | 4,794,000 | -25,774,000 | -64,579,000 | -35,255,000 | -24,373,000 | -21,948,000 | -335,000 | -19,429,000 | -11,662,000 | 35,164,000 | 7,417,000 | -35,510,000 | -60,366,000 | 15,882,000 | ||||
see notes to unaudited consolidated financial statements. | |||||||||||||||||||||||||||||||||||||||||
ofg bancorpunaudited consolidated statements of cash flowsfor the quarters ended march 31, 2026 and 2025 | |||||||||||||||||||||||||||||||||||||||||
cash flows from investing activities: | |||||||||||||||||||||||||||||||||||||||||
purchases of: | |||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale | -51,292,000 | -352,634,000 | -150,100,000 | -99,872,000 | -1,070,454,000 | -545,356,000 | -933,000 | -492,155,000 | -47,650,000 | -476,000 | -1,120,589,000 | -719,459,000 | -399,025,000 | -25,894,000 | -77,910,000 | -222,947,000 | -3,932,574,000 | -2,104,008,000 | -9,290,454,000 | -5,168,019,000 | -2,341,384,000 | -2,912,220,000 | -2,790,964,000 | -2,389,555,000 | -1,983,147,000 | -1,053,377,000 | -900,000,000 | -443,229,000 | -278,566,000 | -101,616,000 | -112,238,000 | -1,378,659,000 | -1,115,084,000 | -679,028,000 | -1,417,157,000 | 245,541,000 | |||||
fhlb stock | -9,000,000 | -30,367,000 | -30,367,000 | -20,700,000 | -52,766,000 | -28,016,000 | -12,600,000 | -15,081,000 | -9,681,000 | -9,000,000 | -122,000 | -122,000 | 20,000 | 45,000 | -2,560,000 | -13,355,000 | -13,355,000 | -13,199,000 | -4,112,000 | -7,089,000 | -4,835,000 | -36,379,000 | -17,162,000 | -590,000 | 7,155,000 | -9,733,000 | 599,000 | ||||||||||||||
equity securities | -944,000 | -3,869,000 | -1,519,000 | -414,000 | -3,281,000 | -1,813,000 | -1,693,000 | -5,136,000 | -2,642,000 | -573,000 | -4,234,000 | -2,189,000 | -998,000 | ||||||||||||||||||||||||||||
maturities and redemptions of: | |||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity | 4,830,000 | 16,634,000 | 10,708,000 | 5,196,000 | 216,616,000 | 210,817,000 | 4,838,000 | 4,492,000 | -196,742,000 | -196,742,000 | -126,777,000 | -119,025,000 | -209,112,000 | 215,533,000 | -143,843,000 | -10,772,000 | 63,663,000 | -6,500,000 | -6,500,000 | -100,000,000 | -370,868,000 | -292,607,000 | -25,395,000 | -263,360,000 | 7,931,000 | ||||||||||||||||
proceeds from sales of: | |||||||||||||||||||||||||||||||||||||||||
foreclosed real estate and other repossessed assets, including write-offs | 13,442,000 | 40,225,000 | 27,578,000 | 13,238,000 | 39,860,000 | 27,159,000 | 10,363,000 | 45,409,000 | 30,957,000 | 15,110,000 | 38,219,000 | 26,270,000 | 13,090,000 | 10,159,000 | |||||||||||||||||||||||||||
origination and purchase of loans, excluding loans held-for-sale | -770,044,000 | -2,546,785,000 | -1,813,510,000 | -865,991,000 | -2,226,978,000 | -1,435,894,000 | -683,420,000 | -2,652,868,000 | -1,801,377,000 | -631,471,000 | -2,144,528,000 | -1,498,059,000 | -770,935,000 | -435,363,000 | -67,024,000 | -25,155,000 | -111,112,000 | -28,153,000 | -60,370,000 | -44,219,000 | -29,726,000 | -127,440,000 | -84,597,000 | -38,097,000 | -149,043,000 | -85,230,000 | -35,515,000 | -342,782,000 | -321,068,000 | -79,416,000 | -62,930,000 | -248,086,000 | -168,908,000 | -125,944,000 | -123,418,000 | ||||||
principal repayment of loans | 701,149,000 | 2,133,731,000 | 1,362,408,000 | 768,104,000 | 1,910,835,000 | 1,246,285,000 | 634,989,000 | 2,141,933,000 | 1,473,429,000 | 593,606,000 | 1,831,475,000 | 1,212,135,000 | 612,039,000 | 470,510,000 | 54,868,000 | 95,901,000 | 30,642,000 | 90,313,000 | 63,977,000 | 39,158,000 | 169,992,000 | 77,719,000 | 43,563,000 | 63,987,000 | 68,474,000 | 44,347,000 | 67,994,000 | 139,531,000 | 90,280,000 | 44,622,000 | 139,145,000 | 50,536,000 | 120,404,000 | 72,862,000 | 39,213,000 | 102,197,000 | |||||
additions to premises and equipment | -4,356,000 | -12,485,000 | -8,499,000 | -4,350,000 | -17,280,000 | -10,903,000 | -6,186,000 | -11,609,000 | -7,656,000 | -3,118,000 | -24,828,000 | -17,380,000 | -9,072,000 | -3,564,000 | -431,000 | -861,000 | -194,000 | -40,000 | -3,577,000 | -2,657,000 | -1,829,000 | -3,209,000 | -2,227,000 | -1,098,000 | -4,085,000 | -2,133,000 | -1,093,000 | -11,358,000 | -5,194,000 | -2,046,000 | -1,798,000 | -2,426,000 | -1,733,000 | -669,000 | |||||||
net cash from investing activities | -1,392,000 | -466,254,000 | -406,175,000 | -97,319,000 | -129,177,000 | 57,533,000 | 163,518,000 | -548,488,000 | 24,178,000 | 70,122,000 | -1,491,017,000 | -1,117,317,000 | -525,171,000 | -86,681,000 | 78,223,000 | 8,907,000 | -124,928,000 | 54,548,000 | 83,981,000 | 61,646,000 | 126,511,000 | -193,473,000 | -218,482,000 | -231,382,000 | -1,376,697,000 | -731,523,000 | -781,756,000 | -95,369,000 | -269,701,000 | -44,734,000 | -32,628,000 | -508,777,000 | -500,460,000 | -157,021,000 | -516,402,000 | -409,941,000 | |||||
cash flows from financing activities: | |||||||||||||||||||||||||||||||||||||||||
deposits | -415,651,000 | 395,492,000 | 525,130,000 | 317,026,000 | -161,998,000 | -172,551,000 | -205,733,000 | -30,281,000 | -35,417,000 | -10,417,000 | 290,105,000 | 426,547,000 | 394,932,000 | -124,230,000 | -89,422,000 | 64,897,000 | 69,377,000 | 142,761,000 | 79,449,000 | 30,317,000 | 295,431,000 | 260,671,000 | 202,613,000 | 38,041,000 | 96,770,000 | 104,304,000 | -3,084,000 | -85,449,000 | -25,715,000 | 45,179,000 | 171,459,000 | 46,864,000 | 15,139,000 | 8,256,000 | |||||||
securities sold under agreements to repurchase | 25,000,000 | -47,657,000 | -75,000,000 | 150,632,000 | -217,551,000 | -90,023,000 | -50,023,000 | -13,388,000 | 1,254,365,000 | 750,161,000 | 759,788,000 | 262,177,000 | 425,516,000 | 85,391,000 | 17,091,000 | 360,430,000 | 441,961,000 | 205,475,000 | 247,741,000 | 42,483,000 | 246,183,000 | 250,419,000 | 15,095,000 | 186,713,000 | |||||||||||||||||
fhlb advances and other borrowings | -9,000 | 130,000,000 | 130,000,000 | -70,000,000 | 69,998,000 | -2,000 | -2,000 | 273,068,000 | |||||||||||||||||||||||||||||||||
employee awards repurchased, net of exercise of stock options and restricted units lapsed | -2,372,000 | ||||||||||||||||||||||||||||||||||||||||
purchase of treasury stock | -44,473,000 | -51,486,000 | -31,087,000 | -23,392,000 | -24,386,000 | -24,282,000 | -18,653,000 | -16,467,000 | -2,894,000 | -64,110,000 | -64,110,000 | -33,479,000 | -7,022,000 | -12,530,000 | -182,000 | -182,000 | -181,000 | -235,000 | |||||||||||||||||||||||
dividends paid on common stock | -13,060,000 | -38,517,000 | -25,024,000 | -11,453,000 | -34,024,000 | -22,298,000 | -10,385,000 | -30,463,000 | -20,104,000 | -9,572,000 | -20,511,000 | -13,333,000 | -6,003,000 | -2,442,000 | -2,269,000 | -2,294,000 | |||||||||||||||||||||||||
net cash from financing activities | -475,565,000 | 456,961,000 | 547,833,000 | 133,711,000 | -152,631,000 | -221,354,000 | -218,290,000 | 342,590,000 | 124,988,000 | 174,708,000 | 167,254,000 | 311,265,000 | 318,047,000 | -235,851,000 | -109,023,000 | 308,648,000 | 150,316,000 | 23,288,000 | 170,817,000 | 121,380,000 | 149,232,000 | 209,593,000 | 187,657,000 | 1,438,286,000 | 832,239,000 | 847,354,000 | 136,525,000 | 315,339,000 | 51,315,000 | 53,691,000 | 523,853,000 | 483,220,000 | 218,496,000 | 552,559,000 | 247,008,000 | 317,261,000 | 234,240,000 | ||||
net change in cash and cash equivalents | -403,836,000 | 149,212,000 | 260,661,000 | 119,463,000 | -67,586,000 | -7,744,000 | -151,480,000 | -131,535,000 | 195,512,000 | 190,958,000 | 35,815,000 | 36,137,000 | 30,343,000 | 16,783,000 | 23,690,000 | 6,246,000 | 1,634,000 | -5,706,000 | 2,928,000 | 2,074,000 | 6,886,000 | ||||||||||||||||||||
cash and cash equivalents at beginning of period | 1,040,335,000 | 591,137,000 | 591,137,000 | 591,137,000 | 748,173,000 | 748,173,000 | 605,477,000 | 448,946,000 | 277,123,000 | 277,123,000 | 34,070,000 | 34,070,000 | 34,070,000 | 17,269,000 | 17,269,000 | 17,269,000 | 24,683,000 | 17,031,000 | 17,031,000 | 17,031,000 | 17,097,000 | 17,097,000 | 29,887,000 | ||||||||||||||||||
cash and cash equivalents at end of period | 636,499,000 | 740,349,000 | 851,798,000 | 710,600,000 | 680,587,000 | 740,429,000 | 453,997,000 | 317,411,000 | 472,635,000 | 468,081,000 | 69,885,000 | 70,207,000 | 64,413,000 | 34,052,000 | 40,959,000 | 23,515,000 | 26,317,000 | 20,445,000 | 34,955,000 | 85,923,000 | 17,744,000 | 11,391,000 | 40,505,000 | 13,240,000 | 12,386,000 | 17,198,000 | 29,442,000 | ||||||||||||||
amortization of premiums, net of accretion of fair value discounts, on loans and amortization of deferred loan origination costs, net of fees | 904,000 | ||||||||||||||||||||||||||||||||||||||||
deferred income tax expense | -4,212,000 | -1,218,000 | -2,821,000 | 28,858,000 | 16,090,000 | 3,808,000 | 50,947,000 | 34,580,000 | 15,391,000 | 52,229,000 | 32,933,000 | 15,789,000 | 8,451,000 | 2,321,000 | -3,979,000 | 750,000 | 868,000 | 862,000 | -972,000 | -1,068,000 | -1,045,000 | 1,232,000 | 777,000 | -24,000 | 303,000 | 437,000 | |||||||||||||||
sale of securities | 7,000 | 7,000 | 7,000 | 1,149,000 | 1,149,000 | -7,360,000 | 2,000 | -23,853,000 | -12,020,000 | ||||||||||||||||||||||||||||||||
sale of other assets | -1,000 | -1,000 | -1,000 | 17,000 | 25,000 | -20,000 | -4,761,000 | -4,747,000 | 6,000 | -181,000 | |||||||||||||||||||||||||||||||
disposals of other assets | |||||||||||||||||||||||||||||||||||||||||
the accompanying notes are an integral part of these consolidated financial statements | |||||||||||||||||||||||||||||||||||||||||
ofg bancorpconsolidated statements of cash flowsfor the for the years ended 2025, 2024 and 2023 | |||||||||||||||||||||||||||||||||||||||||
mortgage servicing rights | -17,162,000 | ||||||||||||||||||||||||||||||||||||||||
loans held-for-investment | |||||||||||||||||||||||||||||||||||||||||
premises and equipment | 1,000 | 1,000 | 1,000 | 38,000 | 30,000 | 20,000 | 4,762,000 | 4,747,000 | 580,000 | 101,000 | -26,000 | -105,000 | -75,000 | 114,000 | 92,000 | 5,000 | 55,000 | 14,000 | 14,000 | 2,644,000 | |||||||||||||||||||||
cash and cash equivalents at beginning of year | 10,312,000 | 10,312,000 | 10,312,000 | ||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of year | |||||||||||||||||||||||||||||||||||||||||
ofg bancorpunaudited consolidated statements of cash flowsfor the nine-month periods ended september 30, 2025 and 2024 | |||||||||||||||||||||||||||||||||||||||||
exercise of stock options and restricted units lapsed, net of employee award repurchased | -3,528,000 | -3,529,000 | |||||||||||||||||||||||||||||||||||||||
amortization of premiums, net of accretion of fair value | 588,000 | ||||||||||||||||||||||||||||||||||||||||
ofg bancorpunaudited consolidated statements of cash flowsfor the six-month periods ended june 30, 2025 and 2024 | |||||||||||||||||||||||||||||||||||||||||
accretion of fair value | -239,000 | ||||||||||||||||||||||||||||||||||||||||
ofg bancorpunaudited consolidated statements of cash flowsfor the quarters ended march 31, 2025 and 2024 | |||||||||||||||||||||||||||||||||||||||||
exercise of stock options and restricted units lapsed | -3,470,000 | -2,221,000 | -2,221,000 | -2,170,000 | -1,713,000 | -1,738,000 | -1,738,000 | ||||||||||||||||||||||||||||||||||
amortization of deferred loan origination fees, net of costs, and fair value premiums on loans | 2,348,000 | 855,000 | |||||||||||||||||||||||||||||||||||||||
benefit from credit losses | 6,324,000 | ||||||||||||||||||||||||||||||||||||||||
(gain) loss on: | |||||||||||||||||||||||||||||||||||||||||
early extinguishment of debt | -42,000 | -42,000 | -42,000 | ||||||||||||||||||||||||||||||||||||||
net decrease (increase) in: | |||||||||||||||||||||||||||||||||||||||||
ofg bancorp consolidated statements of cash flowsfor the years ended december 31, 2024, 2023 and 2022 | |||||||||||||||||||||||||||||||||||||||||
subordinated capital notes | -36,041,000 | -36,041,000 | -36,041,000 | ||||||||||||||||||||||||||||||||||||||
amortization of investment securities discounts, net of accretion of premiums | -6,593,000 | -5,359,000 | |||||||||||||||||||||||||||||||||||||||
ofg bancorp unaudited consolidated statements of cash flowsfor the nine-month periods ended september 30, 2024 and 2023 | |||||||||||||||||||||||||||||||||||||||||
ofg bancorp unaudited consolidated statements of cash flowsfor the six-month periods ended june 30, 2024 and 2023 | |||||||||||||||||||||||||||||||||||||||||
amortization of deferred loan origination fees and fair value premiums on loans | 827,000 | 1,182,000 | 497,000 | 827,000 | -745,000 | -723,000 | |||||||||||||||||||||||||||||||||||
amortization of investment securities (discounts), net of accretion of premiums | -3,580,000 | -3,185,000 | -3,191,000 | ||||||||||||||||||||||||||||||||||||||
ofg bancorp unaudited consolidated statements of cash flowsfor the quarters ended march 31, 2024 and 2023 | |||||||||||||||||||||||||||||||||||||||||
net change in cash, cash equivalents and restricted cash | 6,219,000 | -17,765,000 | 248,509,000 | 297,030,000 | -1,208,217,000 | -716,369,000 | -167,921,000 | ||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at beginning of period | 748,173,000 | 550,464,000 | 550,464,000 | 550,464,000 | 2,023,650,000 | 2,023,650,000 | 2,023,650,000 | ||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at end of period | 754,392,000 | 532,699,000 | 798,973,000 | 847,494,000 | 815,433,000 | 1,307,281,000 | 1,855,729,000 | ||||||||||||||||||||||||||||||||||
equity in earnings from banking subsidiary | |||||||||||||||||||||||||||||||||||||||||
equity in earnings from nonbanking subsidiaries | |||||||||||||||||||||||||||||||||||||||||
net decrease in due to non-bank subsidiary | |||||||||||||||||||||||||||||||||||||||||
gain on early extinguishment of debt | |||||||||||||||||||||||||||||||||||||||||
deferred income tax | 2,386,000 | ||||||||||||||||||||||||||||||||||||||||
net decrease in other assets | |||||||||||||||||||||||||||||||||||||||||
net increase in accrued expenses and other liabilities | |||||||||||||||||||||||||||||||||||||||||
dividends from banking subsidiary | |||||||||||||||||||||||||||||||||||||||||
dividends from non-banking subsidiary | |||||||||||||||||||||||||||||||||||||||||
proceeds from sales of premises and equipment | |||||||||||||||||||||||||||||||||||||||||
capital contribution to non-banking subsidiary | |||||||||||||||||||||||||||||||||||||||||
redemption of preferred stock | |||||||||||||||||||||||||||||||||||||||||
dividends paid | -9,294,000 | -4,645,000 | -4,689,000 | -13,265,000 | -8,598,000 | -4,283,000 | -8,273,000 | ||||||||||||||||||||||||||||||||||
ofg bancorpunaudited consolidated statements of cash flowsfor the nine-month period ended september 30, 2023 and 2022 | |||||||||||||||||||||||||||||||||||||||||
amortization of deferred loan origination fees (costs) and fair value premiums on loans | 323,000 | ||||||||||||||||||||||||||||||||||||||||
ofg bancorpunaudited consolidated statements of cash flowsfor the six month periods ended june 30, 2023 and 2022 | |||||||||||||||||||||||||||||||||||||||||
fhlb advances, federal funds purchased, and other borrowings | 198,714,000 | 199,329,000 | -1,280,000 | -889,000 | -458,000 | ||||||||||||||||||||||||||||||||||||
amortization of investment securities premiums, net of accretion of | -2,343,000 | ||||||||||||||||||||||||||||||||||||||||
ofg bancorpunaudited consolidated statements of cash flowsfor the quarters ended march 31, 2023 and 2022 | |||||||||||||||||||||||||||||||||||||||||
amortization of deferred loan origination fees and fair value (discounts) premiums on loans | 51,000 | ||||||||||||||||||||||||||||||||||||||||
amortization of fair value premiums on acquired deposits | |||||||||||||||||||||||||||||||||||||||||
bargain purchase from scotiabank pr & usvi acquisition | |||||||||||||||||||||||||||||||||||||||||
gain on: | |||||||||||||||||||||||||||||||||||||||||
ofg bancorpconsolidated statements of cash flowsfor the years ended december 31, 2022, 2021 and 2020 | |||||||||||||||||||||||||||||||||||||||||
loans held for investment | |||||||||||||||||||||||||||||||||||||||||
outlays for business acquisitions | |||||||||||||||||||||||||||||||||||||||||
dividends paid on preferred stock | -1,201,000 | -1,201,000 | -2,934,000 | ||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at beginning of year | |||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at end of year | |||||||||||||||||||||||||||||||||||||||||
amortization of investment securities premiums, net of accretion of discounts | 254,000 | 1,461,000 | 599,000 | 787,000 | 11,841,000 | ||||||||||||||||||||||||||||||||||||
provision for (recapture of) credit losses | 15,362,000 | ||||||||||||||||||||||||||||||||||||||||
valuation of loans held for sale | 832,000 | ||||||||||||||||||||||||||||||||||||||||
trading securities | 9,000 | 7,000 | 2,000 | -1,000 | -184,000 | -114,000 | 467,000 | 230,000 | 217,000 | -648,000 | -352,000 | 61,000 | -189,000 | 1,029,000 | 2,000 | -305,000 | -218,000 | -201,000 | -222,000 | -174,000 | 77,000 | 307,000 | -541,000 | 520,000 | -1,783,000 | 7,628,000 | 7,811,000 | 2,122,000 | 15,333,000 | ||||||||||||
see notes to unaudited consolidated financial statements | |||||||||||||||||||||||||||||||||||||||||
ofg bancorpunaudited consolidated statements of cash flowsfor the nine-month period ended september 30, 2022 and 2021 | |||||||||||||||||||||||||||||||||||||||||
exercise of stock options with treasury shares | -909,000 | -909,000 | -904,000 | ||||||||||||||||||||||||||||||||||||||
reconciliation of the consolidated statements of cash flows to the consolidated statements of financial condition: | |||||||||||||||||||||||||||||||||||||||||
cash and due from banks | 810,281,000 | 1,302,199,000 | 1,849,906,000 | 14,734,000 | 35,237,000 | 13,227,000 | 15,930,000 | 15,214,000 | 9,843,000 | 11,321,000 | 11,651,000 | 9,155,000 | 9,567,000 | 11,508,000 | 15,508,000 | 5,442,000 | |||||||||||||||||||||||||
money market investments | 4,988,000 | 4,913,000 | 5,648,000 | 19,318,000 | 5,722,000 | 10,288,000 | 10,387,000 | 3,673,000 | 878,000 | 1,690,000 | 24,000,000 | ||||||||||||||||||||||||||||||
restricted cash | 164,000 | 169,000 | 175,000 | ||||||||||||||||||||||||||||||||||||||
total cash, cash equivalents, restricted cash and restricted cash equivalents at end of period | 815,433,000 | 1,307,281,000 | 1,855,729,000 | ||||||||||||||||||||||||||||||||||||||
ofg bancorpunaudited consolidated statements of cash flowsfor the six-month periods ended june 30, 2022 and 2021 | |||||||||||||||||||||||||||||||||||||||||
ofg bancorpunaudited consolidated statements of cash flowsfor the quarters ended march 31, 2022 and 2021 | |||||||||||||||||||||||||||||||||||||||||
net increase in due from bank subsidiary | |||||||||||||||||||||||||||||||||||||||||
capital contribution to banking subsidiary | |||||||||||||||||||||||||||||||||||||||||
net cash (used in) investing activities | |||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of stock options and lapsed restricted units | |||||||||||||||||||||||||||||||||||||||||
bargain purchase from scotiabank acquisition | |||||||||||||||||||||||||||||||||||||||||
other investments | -1,595,000 | -515,000 | -701,000 | -31,000 | |||||||||||||||||||||||||||||||||||||
fully charged-off loans | |||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents received in scotiabank pr & usvi acquisition | |||||||||||||||||||||||||||||||||||||||||
amortization of core deposit, customer relationships and other intangibles | |||||||||||||||||||||||||||||||||||||||||
derivatives | 1,000 | 3,968,000 | 37,251,000 | 10,636,000 | -19,778,000 | -19,842,000 | -434,000 | 13,247,000 | 7,575,000 | 7,803,000 | -8,521,000 | -8,898,000 | -9,052,000 | 713,000 | -859,000 | -882,000 | 50,000 | ||||||||||||||||||||||||
amortization of deferred loan origination fees and fair value premiums on acquired loans | |||||||||||||||||||||||||||||||||||||||||
amortization of core deposit and customer relationship intangibles | |||||||||||||||||||||||||||||||||||||||||
benefit from loan losses | |||||||||||||||||||||||||||||||||||||||||
stock-based compensation excess tax benefit recognized in income | |||||||||||||||||||||||||||||||||||||||||
early extinguishment of repurchase agreements | 17,551,000 | ||||||||||||||||||||||||||||||||||||||||
originations of loans held-for-sale | -80,420,000 | -36,766,000 | -62,434,000 | -33,830,000 | -13,243,000 | -48,094,000 | -151,776,000 | -71,221,000 | -26,346,000 | -197,432,000 | |||||||||||||||||||||||||||||||
sale of other repossessed assets | |||||||||||||||||||||||||||||||||||||||||
net (decrease) in: | |||||||||||||||||||||||||||||||||||||||||
fdic shared-loss (benefit) expense | |||||||||||||||||||||||||||||||||||||||||
benefit from loan and lease losses | 4,349,000 | ||||||||||||||||||||||||||||||||||||||||
sale of other repossesed assets | |||||||||||||||||||||||||||||||||||||||||
repayments to fdic on shared-loss agreements | |||||||||||||||||||||||||||||||||||||||||
net change in restricted cash | |||||||||||||||||||||||||||||||||||||||||
fdic shared-loss benefit | |||||||||||||||||||||||||||||||||||||||||
sale of mortgage loans held-for-sale | -2,761,000 | ||||||||||||||||||||||||||||||||||||||||
foreclosed real estate | 398,000 | 2,397,000 | 2,481,000 | 2,228,000 | 6,594,000 | 4,561,000 | 2,728,000 | 452,000 | 510,000 | 969,000 | 2,216,000 | 1,414,000 | 820,000 | 2,522,000 | 2,142,000 | 1,218,000 | 816,000 | 885,000 | 390,000 | ||||||||||||||||||||||
proceeds from sale of mortgage loans held-for-sale | |||||||||||||||||||||||||||||||||||||||||
amortization of deferred loan origination fees, net of costs | 142,000 | 10,000 | 346,000 | 135,000 | 151,000 | 91,000 | 51,000 | -315,000 | -214,000 | -100,000 | -852,000 | -771,000 | -285,000 | -1,006,000 | -760,000 | -401,000 | -438,000 | ||||||||||||||||||||||||
amortization of fair value premiums, net of discounts, on acquired loans | |||||||||||||||||||||||||||||||||||||||||
other-than-temporary impairment on securities | |||||||||||||||||||||||||||||||||||||||||
sale of premises and equipment | -82,000 | 8,000 | 1,865,000 | -14,000 | -60,000 | -4,000 | 1,000 | 1,000 | 1,000 | 9,000 | -20,000 | -253,000 | -8,000 | 220,000 | 220,000 | 220,000 | |||||||||||||||||||||||||
principal repayment of loans, including covered loans | 58,969,000 | ||||||||||||||||||||||||||||||||||||||||
(repayments to) reimbursements from the fdic on shared-loss agreements | |||||||||||||||||||||||||||||||||||||||||
equity in undistributed earnings from banking subsidiary | |||||||||||||||||||||||||||||||||||||||||
equity in undistributed earnings from nonbanking subsidiaries | |||||||||||||||||||||||||||||||||||||||||
other impairments on securities | 4,000 | ||||||||||||||||||||||||||||||||||||||||
net (decrease) in accrued expenses, other liabilities, and dividend payable | |||||||||||||||||||||||||||||||||||||||||
maturities and redemptions of investment securities available-for-sale | 591,854,000 | 415,941,000 | 129,027,000 | 333,978,000 | |||||||||||||||||||||||||||||||||||||
proceeds from (payments to) exercise of stock options and lapsed restricted units | |||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock | |||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of preferred stock | |||||||||||||||||||||||||||||||||||||||||
fdic shared-loss expense | |||||||||||||||||||||||||||||||||||||||||
other | |||||||||||||||||||||||||||||||||||||||||
amortization of prepaid fdic assessment | |||||||||||||||||||||||||||||||||||||||||
benefit from covered and non-covered loan and lease losses | 10,157,000 | ||||||||||||||||||||||||||||||||||||||||
purchases of swap options | |||||||||||||||||||||||||||||||||||||||||
reimbursements from the fdic on shared-loss agreements | 24,068,000 | ||||||||||||||||||||||||||||||||||||||||
net change in securities purchased under agreements to resell | -170,000,000 | ||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents received in bbvapr acquisition | |||||||||||||||||||||||||||||||||||||||||
amortization of fair value discounts on acquired loans | |||||||||||||||||||||||||||||||||||||||||
other-than-temporary impairments on securities | 2,428,000 | 632,000 | 12,675,000 | ||||||||||||||||||||||||||||||||||||||
deferred income taxes | -1,274,000 | -109,000 | |||||||||||||||||||||||||||||||||||||||
swaps options | |||||||||||||||||||||||||||||||||||||||||
equity options | -525,000 | -1,110,000 | -524,000 | -3,738,000 | -2,965,000 | -790,000 | -11,796,000 | -1,729,000 | -484,000 | -9,504,000 | -9,504,000 | -5,764,000 | |||||||||||||||||||||||||||||
cash consideration paid for bbvapr acquisition | |||||||||||||||||||||||||||||||||||||||||
short term borrowings | 3,644,000 | -10,135,000 | -490,237,000 | ||||||||||||||||||||||||||||||||||||||
fhlb advances | |||||||||||||||||||||||||||||||||||||||||
fdic-guaranteed term notes | -105,000,000 | ||||||||||||||||||||||||||||||||||||||||
issuance of common stock costs | |||||||||||||||||||||||||||||||||||||||||
issuance of preferred stock costs | |||||||||||||||||||||||||||||||||||||||||
termination of derivative instruments | 9,000 | 6,534,000 | -25,109,000 | -236,000 | 20,254,000 | 19,040,000 | |||||||||||||||||||||||||||||||||||
supplemental cash flow disclosure and schedule of non-cash activities: | |||||||||||||||||||||||||||||||||||||||||
interest paid | 31,683,000 | 41,445,000 | 149,012,000 | 101,279,000 | 55,337,000 | 168,895,000 | 113,311,000 | 57,921,000 | 149,389,000 | 96,790,000 | 45,828,000 | 142,560,000 | 90,826,000 | 40,627,000 | 25,544,000 | 66,844,000 | 44,226,000 | 17,360,000 | 50,017,000 | 16,009,000 | 54,235,000 | 19,020,000 | 16,551,000 | 60,151,000 | |||||||||||||||||
income taxes paid | 82,000 | 554,000 | 554,000 | 1,880,000 | 1,800,000 | ||||||||||||||||||||||||||||||||||||
mortgage loans securitized into mortgage-backed securities | 16,619,000 | 32,873,000 | 105,676,000 | 61,676,000 | 33,355,000 | 49,537,000 | 29,836,000 | 12,246,000 | 42,677,000 | 36,023,000 | 20,447,000 | 2,936,000 | 37,564,000 | 71,494,000 | |||||||||||||||||||||||||||
transfer from loans to foreclosed real estate and other repossessed assets | |||||||||||||||||||||||||||||||||||||||||
reclassification of loans held-for-investment portfolio to held-for-sale portfolio | |||||||||||||||||||||||||||||||||||||||||
investment securities held-to-maturity transferred to available-for-sale | |||||||||||||||||||||||||||||||||||||||||
for the year ended december 31, 2012, the changes in operating assets and liabilities included in the reconciliation of net income to net cash from operating activities, as well as the changes in assets and liabilities presented in the investing and financing sections are net of the effect of the assets acquired and liabilities assumed from the bbvapr acquisition. refer to note 2 to the consolidated financial statements for the composition and balances of the assets and liabilities recorded at fair value by the company on december 18, 2012. the cash received in the transaction, which amounted to 394.6 million, is presented in the investing activities section of the consolidated statements of cash flows as “cash and cash equivalents received in bbvapr acquisition”. | |||||||||||||||||||||||||||||||||||||||||
the accompanying notes are an integral part of these consolidated financial statements. | |||||||||||||||||||||||||||||||||||||||||
net amortization (accretion) of fdic shared-loss indemnification asset | 4,827,000 | ||||||||||||||||||||||||||||||||||||||||
other- than- temporary impairments on securities | |||||||||||||||||||||||||||||||||||||||||
sale of mortgage loans held for sale | -1,330,000 | -799,000 | -2,104,000 | -862,000 | |||||||||||||||||||||||||||||||||||||
swap options | |||||||||||||||||||||||||||||||||||||||||
other repossessed assets | 994,000 | 589,000 | |||||||||||||||||||||||||||||||||||||||
cash and cash equivalents received in fdic-assisted acquisition | |||||||||||||||||||||||||||||||||||||||||
exercise of stock options | 391,000 | 21,000 | 2,175,000 | 2,136,000 | 2,085,000 | 1,068,000 | 927,000 | 219,000 | 229,000 | 170,000 | 136,000 | 1,441,000 | 3,904,000 | 3,099,000 | 2,165,000 | 4,795,000 | 1,652,000 | ||||||||||||||||||||||||
issuance of common stock | 94,390,000 | 94,574,000 | -10,000 | 51,534,000 | |||||||||||||||||||||||||||||||||||||
issuance of preferred stock | 189,089,000 | 33,057,000 | 33,099,000 | ||||||||||||||||||||||||||||||||||||||
repayments of purchase money note issued to the fdic | |||||||||||||||||||||||||||||||||||||||||
transfer from loans to foreclosed real estate | 4,143,000 | 2,916,000 | 6,327,000 | 4,871,000 | 3,409,000 | 6,966,000 | 3,675,000 | 1,131,000 | 1,710,000 | 1,454,000 | 1,239,000 | 1,376,000 | 1,604,000 | 624,000 | 1,035,000 | 3,244,000 | 2,752,000 | 481,000 | 708,000 | 85,000 | 571,000 | 410,000 | 224,000 | ||||||||||||||||||
conversion of preferred stock to common stock | |||||||||||||||||||||||||||||||||||||||||
for the year ended december 31, 2012, the changes in operating assets and liabilities included in the reconciliation of net income to net cash from operating activities, as well as the changes in assets and liabilities presented in the investing and financing sections are net of the effect of the assets acquired and liabilities assumed from the bbvapr acquisition. refer to note 2 to the consolidated financial statements for the composition and balances of the assets and liabilities recorded at fair value by the group on december 18, 2012. the cash received in the transaction, which amounted to 394.6 million, is presented in the investing activities section of the consolidated statements of cash flows as “cash and cash equivalents received in bbvapr acquisition”. | |||||||||||||||||||||||||||||||||||||||||
amortization of core deposit intangible | 36,000 | 36,000 | |||||||||||||||||||||||||||||||||||||||
fair value adjustment of servicing asset | -271,000 | -440,000 | -975,000 | -449,000 | |||||||||||||||||||||||||||||||||||||
sale of other repossessed properties | -2,000 | ||||||||||||||||||||||||||||||||||||||||
issuance of fdic-guaranteed term notes | 105,000,000 | ||||||||||||||||||||||||||||||||||||||||
advances from fhlb | 761,380,000 | 761,380,000 | 760,680,000 | 1,103,650,000 | 294,750,000 | 248,150,000 | 3,822,420,000 | 2,463,370,000 | 1,121,320,000 | 2,977,225,000 | 1,322,995,000 | 515,195,000 | 590,501,000 | 1,669,202,000 | 1,286,702,000 | 28,500,000 | 684,200,000 | 257,200,000 | |||||||||||||||||||||||
capital contribution | 89,000 | ||||||||||||||||||||||||||||||||||||||||
repayments of advances from fhlb | -788,080,000 | -788,080,000 | -787,380,000 | -1,153,650,000 | -294,750,000 | -248,150,000 | -3,658,120,000 | -2,465,270,000 | -1,108,220,000 | -3,125,525,000 | -1,350,795,000 | -528,495,000 | -590,501,000 | -1,667,702,000 | -1,286,702,000 | -28,500,000 | -503,400,000 | ||||||||||||||||||||||||
amortization of premiums, net of accretion of discounts | 7,638,000 | 13,426,000 | 5,559,000 | 9,070,000 | 5,084,000 | 740,000 | 971,000 | 31,000 | -256,000 | 6,150,000 | 4,143,000 | 986,000 | |||||||||||||||||||||||||||||
net amortization (accretion) of fdic loss-share indemnification asset | |||||||||||||||||||||||||||||||||||||||||
benefit from covered and non covered loan and lease losses | |||||||||||||||||||||||||||||||||||||||||
early extinguishment of repurchase agreement | |||||||||||||||||||||||||||||||||||||||||
sale of foreclosed real estate | 132,000 | 143,000 | 117,000 | 576,000 | 298,000 | 162,000 | 250,000 | 20,000 | -67,000 | -37,000 | -169,000 | -115,000 | -104,000 | ||||||||||||||||||||||||||||
securities purchased under agreements to resell | |||||||||||||||||||||||||||||||||||||||||
repayments from purchase money note issued to the fdic | |||||||||||||||||||||||||||||||||||||||||
accretion of fdic loss-share indemnification asset | -1,211,000 | -1,444,000 | |||||||||||||||||||||||||||||||||||||||
derivative activities | |||||||||||||||||||||||||||||||||||||||||
accrued interest payable on deposits and borrowings | |||||||||||||||||||||||||||||||||||||||||
reimbursements from the fdic on shared loss agreements | |||||||||||||||||||||||||||||||||||||||||
securities sold under agreements ro repurchase | |||||||||||||||||||||||||||||||||||||||||
proceeds from: | |||||||||||||||||||||||||||||||||||||||||
repayments and advances from purchase money note issued to the fdic | |||||||||||||||||||||||||||||||||||||||||
shared-loss agreements reimbursements from the fdic | 39,839,000 | ||||||||||||||||||||||||||||||||||||||||
mortgage tax credits | |||||||||||||||||||||||||||||||||||||||||
principal repayments of loans, including covered loans | |||||||||||||||||||||||||||||||||||||||||
repayments of note payable to the fdic | |||||||||||||||||||||||||||||||||||||||||
amortization of accretable yield on loans covered by fdic shared-loss agreements | -13,439,000 | ||||||||||||||||||||||||||||||||||||||||
bargain purchase gain from fdic assisted acquisition | -16,463,000 | ||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents received in fdic-assisted transaction | 89,777,000 | ||||||||||||||||||||||||||||||||||||||||
repayments of advances from note payable to the fdic | |||||||||||||||||||||||||||||||||||||||||
amortization of core deposit intangible assets | 23,000 | ||||||||||||||||||||||||||||||||||||||||
provision for loan and lease losses | 8,114,000 | ||||||||||||||||||||||||||||||||||||||||
federal funds purchased and other short term borrowings | -3,979,000 | -11,226,000 | 6,135,000 | -1,445,000 | 13,566,000 | 14,123,000 | 11,073,000 | 12,643,000 | |||||||||||||||||||||||||||||||||
repayments of advances from purchase money note issued to the fdic | -5,433,000 | ||||||||||||||||||||||||||||||||||||||||
provision for loan losses | 4,014,000 | 11,250,000 | 6,850,000 | 3,200,000 | 5,580,000 | 3,630,000 | 1,650,000 | 4,064,000 | 2,450,000 | 1,075,000 | 2,918,000 | 2,048,000 | 1,001,000 | 951,000 | 2,465,000 | 1,805,000 | 700,000 | 3,404,000 | 1,340,000 | 2,790,000 | 1,940,000 | 840,000 | 1,692,000 | ||||||||||||||||||
dividends paid on common and preferred stock | -2,173,000 | -6,518,000 | -4,345,000 | -2,173,000 | |||||||||||||||||||||||||||||||||||||
supplemental cash flow disclosure and schedule of noncash activities: | 20,445,000 | ||||||||||||||||||||||||||||||||||||||||
securities sold but not yet delivered | 116,747,000 | 417,280,000 | 360,764,000 | 289,565,000 | 4,857,000 | 26,995,000 | 45,866,000 | 46,461,000 | 74,289,000 | 43,478,000 | 710,000 | 1,192,000 | 707,000 | 688,000 | 23,369,000 | 156,487,000 | |||||||||||||||||||||||||
securities purchased but not yet received | 171,813,000 | 30,945,000 | 497,360,000 | 112,628,000 | 23,103,000 | 101,375,000 | 56,000 | 87,000 | 53,300,000 | 14,419,000 | 50,520,000 | 90,550,000 | 97,818,000 | ||||||||||||||||||||||||||||
equity in losses, of investment in limited liability partnership | |||||||||||||||||||||||||||||||||||||||||
investment in limited liability partnership | |||||||||||||||||||||||||||||||||||||||||
repayment of term notes | |||||||||||||||||||||||||||||||||||||||||
transfer from loans receivable to mortgage loans held for sale | |||||||||||||||||||||||||||||||||||||||||
common stock used to match defined contribution plan 1165 | 144,000 | 139,000 | 126,000 | 121,000 | 74,000 | 244,000 | 175,000 | 108,000 | 171,000 | ||||||||||||||||||||||||||||||||
servicing asset capitalized | -4,430,000 | -3,115,000 | |||||||||||||||||||||||||||||||||||||||
sale of securities available-for-sale | -56,388,000 | -20,860,000 | -10,340,000 | -9,908,000 | -9,522,000 | -9,297,000 | -1,205,000 | -369,000 | -358,000 | -2,193,000 | -19,000 | -19,000 | -341,000 | -8,279,000 | -5,642,000 | -3,245,000 | -9,509,000 | ||||||||||||||||||||||||
principal repayments of loans | 92,437,000 | 59,316,000 | 30,980,000 | ||||||||||||||||||||||||||||||||||||||
net change in cash and due from banks | 104,071,000 | 240,690,000 | 227,378,000 | -48,601,000 | -32,497,000 | -38,931,000 | |||||||||||||||||||||||||||||||||||
cash and due from banks at beginning of period | 66,372,000 | 66,372,000 | 66,372,000 | 88,983,000 | 88,983,000 | 88,983,000 | |||||||||||||||||||||||||||||||||||
cash and due from banks at end of period | 170,443,000 | 307,062,000 | 293,750,000 | 40,382,000 | 56,486,000 | 50,052,000 | |||||||||||||||||||||||||||||||||||
income tax paid | 74,000 | 54,000 | 37,000 | ||||||||||||||||||||||||||||||||||||||
credit-related other-than-temporary impairments on securities | 4,416,000 | ||||||||||||||||||||||||||||||||||||||||
sale of mortgage loans | -1,844,000 | ||||||||||||||||||||||||||||||||||||||||
other liabilities | 8,370,000 | -544,000 | -960,000 | -3,332,000 | -1,740,000 | 5,804,000 | 1,015,000 | -636,000 | -993,000 | -2,030,000 | -175,000 | 1,480,000 | 1,206,000 | 1,461,000 | 1,844,000 | 3,422,000 | 1,322,000 | 34,127,000 | 4,638,000 | 4,355,000 | 4,168,000 | ||||||||||||||||||||
issuance of fdic-guaranted term notes | 105,000,000 | 105,000,000 | |||||||||||||||||||||||||||||||||||||||
mortgage banking activities | -2,153,000 | -2,461,000 | -1,551,000 | -1,006,000 | -589,000 | -232,000 | -62,000 | -2,191,000 | -1,070,000 | -436,000 | -1,068,000 | -6,606,000 | -5,532,000 | -2,057,000 | -6,400,000 | ||||||||||||||||||||||||||
loans receivable | 15,138,000 | ||||||||||||||||||||||||||||||||||||||||
federal funds purchased | 15,117,000 | 9,057,000 | 13,678,000 | -10,429,000 | 40,615,000 | 499,593,000 | -669,000 | ||||||||||||||||||||||||||||||||||
termination of derivative instrument | -7,875,000 | -7,875,000 | -7,875,000 | ||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash provided by (used in) operating activities: | |||||||||||||||||||||||||||||||||||||||||
equity in undistributed losses from banking subsidiary | |||||||||||||||||||||||||||||||||||||||||
equity in undistributed losses from non-banking subsidiaries | |||||||||||||||||||||||||||||||||||||||||
amortization of premiums, net of accretion discounts on investment securities | |||||||||||||||||||||||||||||||||||||||||
write-down of other investment securities | |||||||||||||||||||||||||||||||||||||||||
loss on derivative activities | |||||||||||||||||||||||||||||||||||||||||
realized gain on sale of investments | |||||||||||||||||||||||||||||||||||||||||
stock based compensation | |||||||||||||||||||||||||||||||||||||||||
decrease in other assets | |||||||||||||||||||||||||||||||||||||||||
increase in accrued expenses, other liabilities, and dividend payable | |||||||||||||||||||||||||||||||||||||||||
purchase of securities available for sale | |||||||||||||||||||||||||||||||||||||||||
redemptions and sales of securities available-for-sale | |||||||||||||||||||||||||||||||||||||||||
proceeds from sale of investment securities available-for-sale | 104,684,000 | ||||||||||||||||||||||||||||||||||||||||
transfer of security held-to-maturity to a subsidiary | |||||||||||||||||||||||||||||||||||||||||
purchase of securities held-to-maturity | |||||||||||||||||||||||||||||||||||||||||
redemptions of securities held-to-maturity | |||||||||||||||||||||||||||||||||||||||||
purchase of other securities | |||||||||||||||||||||||||||||||||||||||||
redemptions and sales of other securities | |||||||||||||||||||||||||||||||||||||||||
net decrease in due from bank subsidiary | |||||||||||||||||||||||||||||||||||||||||
net decrease in due from non bank subsidiary | |||||||||||||||||||||||||||||||||||||||||
acquisition of and capital contribution to non-banking subsidiary | |||||||||||||||||||||||||||||||||||||||||
net increase in securities sold under agreements to repurchase | |||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of stock options | 2,789,000 | 1,748,000 | 714,000 | 1,016,000 | |||||||||||||||||||||||||||||||||||||
net increase in due to nonbank subsidiaries | |||||||||||||||||||||||||||||||||||||||||
net increase in due to bank subsidiaries | |||||||||||||||||||||||||||||||||||||||||
net proceeds from redemptions of subordinated notes payable to nonbank subsidiary | |||||||||||||||||||||||||||||||||||||||||
proceeds from termination of derivative instruments | |||||||||||||||||||||||||||||||||||||||||
increase in cash and cash equivalents | |||||||||||||||||||||||||||||||||||||||||
equity in earnings of investment in limited liability partnership | -658,000 | -304,000 | -219,000 | ||||||||||||||||||||||||||||||||||||||
compensation expense in the form of common stock used to match defined contribution plan 1165 | 116,000 | ||||||||||||||||||||||||||||||||||||||||
other than temporary impairments | 58,804,000 | ||||||||||||||||||||||||||||||||||||||||
loan production: | |||||||||||||||||||||||||||||||||||||||||
maturity of term note | -15,000,000 | -15,000,000 | -15,000,000 | ||||||||||||||||||||||||||||||||||||||
repurchase of treasury stock | -235,000 | -234,000 | -1,360,000 | ||||||||||||||||||||||||||||||||||||||
dividend paid on common and preferred stock | -13,807,000 | -9,205,000 | -4,600,000 | -13,836,000 | |||||||||||||||||||||||||||||||||||||
net increase in securities purchased under agreements to resell | -16,200,000 | ||||||||||||||||||||||||||||||||||||||||
equity in losses from banking subsidiary | |||||||||||||||||||||||||||||||||||||||||
equity in losses from non-banking subsidiaries | |||||||||||||||||||||||||||||||||||||||||
increase in accrued expenses and liabilities | |||||||||||||||||||||||||||||||||||||||||
purchase of investment securities available for sale | |||||||||||||||||||||||||||||||||||||||||
redemptions and sales of investment securities available-for-sale | |||||||||||||||||||||||||||||||||||||||||
purchase of investment securities held-to-maturity | |||||||||||||||||||||||||||||||||||||||||
redemptions of investment securities held-to-maturity | |||||||||||||||||||||||||||||||||||||||||
purchase of other investment securities | |||||||||||||||||||||||||||||||||||||||||
redemptions and sales of other investment securities | |||||||||||||||||||||||||||||||||||||||||
acquisition of and capital contribution in non-banking subsidiary | |||||||||||||||||||||||||||||||||||||||||
net proceeds from issuance of common stock | |||||||||||||||||||||||||||||||||||||||||
net proceeds from redemptions of subordinated notes payable | |||||||||||||||||||||||||||||||||||||||||
to nonbank subsidiary | |||||||||||||||||||||||||||||||||||||||||
equity in earnings of investment in limited partnership | -279,000 | ||||||||||||||||||||||||||||||||||||||||
net decrease in time deposits with other banks | 55,000,000 | 30,000,000 | 20,425,000 | ||||||||||||||||||||||||||||||||||||||
purchase of treasury stocks | -4,330,000 | ||||||||||||||||||||||||||||||||||||||||
equity in losses of investment in limited liability partnership | -75,000 | 892,000 | 271,000 | ||||||||||||||||||||||||||||||||||||||
repurchase of treasury stocks | -530,000 | -582,000 | |||||||||||||||||||||||||||||||||||||||
dividend paid in common and preferred stock | -9,262,000 | -4,628,000 | |||||||||||||||||||||||||||||||||||||||
securities and loans purchased but not yet received | 100,067,000 | 40,067,000 | 42,652,000 | 6,539,000 | 1,233,000 | 100,000,000 | |||||||||||||||||||||||||||||||||||
adjustments to reconcile net income (loss) to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||
amortization of premiums, net of accretion of discounts on investment securities | 1,317,000 | 1,045,000 | -359,000 | 2,692,000 | |||||||||||||||||||||||||||||||||||||
other than temporary impairment | |||||||||||||||||||||||||||||||||||||||||
realized gains on termination of derivative instruments | |||||||||||||||||||||||||||||||||||||||||
loss on early extinguishment of subordinated capital notes | |||||||||||||||||||||||||||||||||||||||||
purchases of equity options and put options | |||||||||||||||||||||||||||||||||||||||||
premises and fixed assets | |||||||||||||||||||||||||||||||||||||||||
repayments of subordinated capital notes | |||||||||||||||||||||||||||||||||||||||||
issuance of subordinated capital notes | 35,043,000 | ||||||||||||||||||||||||||||||||||||||||
common stock purchased | -4,662,000 | -165,000 | -106,000 | -394,000 | |||||||||||||||||||||||||||||||||||||
net charge-offs | |||||||||||||||||||||||||||||||||||||||||
investment securities available-for-sale transferred to held-to-maturity | 60,460,000 | ||||||||||||||||||||||||||||||||||||||||
accrued dividend payable | 3,441,000 | 3,448,000 | 3,469,000 | 3,454,000 | 3,467,000 | 3,116,000 | 3,069,000 | 2,501,000 | 2,447,000 | 2,432,000 | 2,067,000 | ||||||||||||||||||||||||||||||
equity options and put options | |||||||||||||||||||||||||||||||||||||||||
dividends paid on common and preferred stocks | -13,923,000 | ||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents include: | |||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents include: - sum | 34,052,000 | 40,959,000 | 23,515,000 | 26,317,000 | 34,955,000 | 85,923,000 | 17,744,000 | 40,505,000 | 12,386,000 | 17,198,000 | 29,442,000 | ||||||||||||||||||||||||||||||
investment securities available for sale transferred to held to maturity | |||||||||||||||||||||||||||||||||||||||||
common stocks used to match defined contribution plan 1165 | 135,000 | 92,000 | |||||||||||||||||||||||||||||||||||||||
other comprehensive loss for the period | 2,526,000 | -1,817,000 | |||||||||||||||||||||||||||||||||||||||
stock options expense | 6,000 | ||||||||||||||||||||||||||||||||||||||||
total adjustments | -27,850,000 | -60,635,000 | -758,000 | -9,989,000 | -81,081,000 | ||||||||||||||||||||||||||||||||||||
net increase in time deposits with other banks | -30,000,000 | ||||||||||||||||||||||||||||||||||||||||
purchases of equity options | -163,000 | ||||||||||||||||||||||||||||||||||||||||
other comprehensive income for the period | 2,481,000 | 5,580,000 | 8,339,000 | 4,848,000 | -38,225,000 | -41,471,000 | 3,947,000 | 7,947,000 | 6,541,000 | 7,439,000 | |||||||||||||||||||||||||||||||
net decrease in time deposits with other banks purchases of: | |||||||||||||||||||||||||||||||||||||||||
maturities and redemption of: | |||||||||||||||||||||||||||||||||||||||||
other real estate owned | 797,000 | ||||||||||||||||||||||||||||||||||||||||
other comprehensive income for the year | |||||||||||||||||||||||||||||||||||||||||
stock dividend paid from treasury stock | |||||||||||||||||||||||||||||||||||||||||
amortization of deferred loan origination fees and costs | -2,206,000 | -1,627,000 | -915,000 | -7,298,000 | |||||||||||||||||||||||||||||||||||||
amortization of premiums and accretion of discounts on investment securities | 7,240,000 | 4,848,000 | 2,542,000 | 8,959,000 | 4,805,000 | 3,750,000 | 1,412,000 | ||||||||||||||||||||||||||||||||||
derivatives activities | 945,000 | 322,000 | 570,000 | 935,000 | 52,000 | 4,429,000 | 3,990,000 | 3,265,000 | |||||||||||||||||||||||||||||||||
hedged securities available-for-sale | 2,253,000 | 71,000 | |||||||||||||||||||||||||||||||||||||||
proceeds from sale of loans | 87,762,000 | 73,412,000 | |||||||||||||||||||||||||||||||||||||||
net purchases of derivatives instruments | -2,794,000 | ||||||||||||||||||||||||||||||||||||||||
proceeds from sale of: | |||||||||||||||||||||||||||||||||||||||||
foreclosure real estate | 1,997,000 | ||||||||||||||||||||||||||||||||||||||||
contribution to statutory trust ii | -1,083,000 | ||||||||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | 3,414,000 | 17,924,000 | 68,892,000 | 647,000 | 23,408,000 | ||||||||||||||||||||||||||||||||||||
short term investments | 5,231,000 | 25,112,000 | 74,602,000 | 6,093,000 | 31,350,000 | ||||||||||||||||||||||||||||||||||||
investment securities available-for-sale transferred to held-to-maturtity | 565,191,000 | 565,191,000 | 1,030,436,000 | 856,037,000 | |||||||||||||||||||||||||||||||||||||
securities and loans sold but not yet delivered | 179,000 | 12,188,000 | 12,169,000 | 16,884,000 | 153,021,000 | ||||||||||||||||||||||||||||||||||||
stock dividend paid | 64,923,000 | ||||||||||||||||||||||||||||||||||||||||
net purchases of equity options | -632,000 | -475,000 | -1,866,000 | ||||||||||||||||||||||||||||||||||||||
real estate loans securitized into mortgage-backed securities | 52,147,000 | 15,238,000 | 80,071,000 | 31,111,000 | 83,282,000 | 48,522,000 | 26,437,000 | 120,111,000 | |||||||||||||||||||||||||||||||||
stock dividend | 64,923,000 | ||||||||||||||||||||||||||||||||||||||||
cancellation of stock options | 1,054,000 | ||||||||||||||||||||||||||||||||||||||||
provision for: | |||||||||||||||||||||||||||||||||||||||||
loan losses | |||||||||||||||||||||||||||||||||||||||||
net purchases/redemption of equity options | 156,000 | 163,000 | |||||||||||||||||||||||||||||||||||||||
proceeds from sales of investment securities available-for-sale | 410,905,000 | 206,438,000 | 48,872,000 | 282,861,000 | |||||||||||||||||||||||||||||||||||||
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 | -6,110,000 | 0 | 0 | ||||
free cash flows | 73,121,000 | 158,505,000 | 119,003,000 | 83,071,000 | 214,222,000 | 156,077,000 | 60,991,000 | 188,133,000 | 99,343,000 | 52,200,000 | 115,546,000 | 89,683,000 | 39,203,000 | 36,404,000 | 6,148,000 | -31,419,000 | 11,792,000 | -13,906,000 | -3,198,000 | 8,227,000 | -20,513,000 | -4,360,000 | -23,608,000 | 4,794,000 | -25,774,000 | -64,579,000 | -35,255,000 | -24,373,000 | -21,948,000 | -335,000 | -19,429,000 | -11,662,000 | 35,164,000 | 7,417,000 | -41,620,000 | -60,366,000 | 15,882,000 | ||||
advances and borrowing from fhlb | |||||||||||||||||||||||||||||||||||||||||
repayments of: | |||||||||||||||||||||||||||||||||||||||||
term notes | |||||||||||||||||||||||||||||||||||||||||
non-cash portion of sale of premises | |||||||||||||||||||||||||||||||||||||||||
stock dividend paid from treasury stock in 2004 and stock split effected in the form of a dividend in 2003 and 2002 | |||||||||||||||||||||||||||||||||||||||||
stock dividend paid from treasury stock in 2004 and stock split effected in the form of a dividend in 2003 | 46,335,000 | ||||||||||||||||||||||||||||||||||||||||
net (purchases)/redemption of equity options | |||||||||||||||||||||||||||||||||||||||||
demand, saving and time (including ira accounts) deposits | 77,726,000 | 39,559,000 | 26,671,000 | ||||||||||||||||||||||||||||||||||||||
issuance of trust redeemable preferred securities | 33,960,000 | ||||||||||||||||||||||||||||||||||||||||
stock purchased | |||||||||||||||||||||||||||||||||||||||||
net cash from (used in) operating activities | |||||||||||||||||||||||||||||||||||||||||
proceeds from sale of consumer loans and leases portfolio | |||||||||||||||||||||||||||||||||||||||||
proceeds from sale of premises and equipment | |||||||||||||||||||||||||||||||||||||||||
proceeds from sale of foreclosed real estate | |||||||||||||||||||||||||||||||||||||||||
purchase of company, net of cash acquired | |||||||||||||||||||||||||||||||||||||||||
building sold through loan receivable | |||||||||||||||||||||||||||||||||||||||||
stock dividend and stock split | |||||||||||||||||||||||||||||||||||||||||
origination of loans held-for-sale | |||||||||||||||||||||||||||||||||||||||||
purchases of investment securities available-for-sale | |||||||||||||||||||||||||||||||||||||||||
purchases of fhlb stock | |||||||||||||||||||||||||||||||||||||||||
redemption of fhlb stock | 17,320,000 | 17,320,000 | 2,094,000 | ||||||||||||||||||||||||||||||||||||||
proceeds from advances and borrowings from fhlb | 587,760,000 | 467,460,000 | |||||||||||||||||||||||||||||||||||||||
repayment of advances and borrowings from fhlb | |||||||||||||||||||||||||||||||||||||||||
proceeds for issuance of subordinated capital notes | |||||||||||||||||||||||||||||||||||||||||
cash and equivalents include: | |||||||||||||||||||||||||||||||||||||||||
cash and equivalents include: - sum | 13,240,000 | ||||||||||||||||||||||||||||||||||||||||
stock split effected in the form of a dividend | 3,865,000 | 3,865,000 | |||||||||||||||||||||||||||||||||||||||
net cash provided (used) by operating activities | |||||||||||||||||||||||||||||||||||||||||
origination and purchase of loans excluding loans held-for-sale | |||||||||||||||||||||||||||||||||||||||||
aquisitions of foreclosed real estates | |||||||||||||||||||||||||||||||||||||||||
net cash (used in) provided by investing activities | |||||||||||||||||||||||||||||||||||||||||
repayments of advances and borrowings from fhlb | |||||||||||||||||||||||||||||||||||||||||
repayments of term notes | |||||||||||||||||||||||||||||||||||||||||
net cash from (used in) financing activities | 48,560,000 | 293,344,000 | |||||||||||||||||||||||||||||||||||||||
deferred tax provision | |||||||||||||||||||||||||||||||||||||||||
loss on sale of securities available-for-sale | |||||||||||||||||||||||||||||||||||||||||
gain on sale of loans | |||||||||||||||||||||||||||||||||||||||||
net loss on derivatives activities | 259,000 | ||||||||||||||||||||||||||||||||||||||||
maturities and redemptions of investment securities held-to-maturity | |||||||||||||||||||||||||||||||||||||||||
proceeds from sales of consumer loans and leases portfolio | |||||||||||||||||||||||||||||||||||||||||
origination and purchase of loans | |||||||||||||||||||||||||||||||||||||||||
other decrease | 161,000 | ||||||||||||||||||||||||||||||||||||||||
advances and borrowings from fhlb | 100,000,000 | ||||||||||||||||||||||||||||||||||||||||
net proceeds from issuance of subordinated capital notes | 33,949,000 |