Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Assets    
Cash and cash equivalents $ 153,231 $ 158,320
Securities available for sale, at fair value (amortized cost of $729,763 as of June 30, 2015 and $1,061,703 as of December 31, 2014) 728,683 1,060,717
Loans held for sale, at the lower of cost or fair value 4,158 5,451
Loans receivable, net of allowance for loan losses of $50,820 as of June 30, 2015 and $52,666 as of December 31, 2014 2,826,086 2,735,832
Accrued interest receivable 8,133 9,749
Premises and equipment, net 30,656 30,912
Other real estate owned (OREO), net 11,857 15,790
Customers’ liability on acceptances 1,638 1,847
Servicing assets 13,125 13,773
Other intangible assets, net 1,890 2,080
Investment in Federal Home Loan Bank (FHLB) stock, at cost 16,385 17,580
Investment in Federal Reserve Bank (FRB) stock, at cost 13,517 12,273
Income tax assets 82,819 84,371
Bank-owned life insurance 48,041 48,866
Prepaid expenses and other assets 30,551 34,882
Total assets 3,970,770 4,232,443
Deposits:    
Noninterest-bearing 1,061,823 1,022,972
Interest-bearing 2,377,958 2,533,774
Total deposits 3,439,781 3,556,746
Accrued interest payable 3,443 3,450
Bank’s liability on acceptances 1,638 1,847
FHLB advances 0 150,000
Servicing liabilities 5,368 5,971
Federal Deposit Insurance Corporation (FDIC) loss sharing liability 116 2,074
Rescinded stock obligation 150 933
Subordinated debentures 18,623 18,544
Accrued expenses and other liabilities 28,911 39,491
Total liabilities 3,498,030 3,779,056
Stockholders’ equity:    
Common stock, $0.001 par value; authorized 62,500,000 shares; issued 32,552,736 shares (31,974,842 shares outstanding) as of June 30, 2015 and 32,488,097 shares (31,910,203 shares outstanding) as of December 31, 2014 257 257
Additional paid-in capital 556,289 554,904
Accumulated other comprehensive income, net of tax benefit of $1,486 as of June 30, 2015 and $1,432 as of December 31, 2014 423 463
Accumulated deficit (14,371) (32,379)
Less: treasury stock, at cost; 577,894 shares as of June 30, 2015 and December 31, 2014 (69,858) (69,858)
Total stockholders’ equity 472,740 453,387
Total liabilities and stockholders’ equity $ 3,970,770 $ 4,232,443