Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Assets    
Cash and cash equivalents $ 179,357 $ 268,047
Restricted cash   5,350
Securities available-for-sale, at fair value (amortized cost of $549,113 as of December 31, 2013 and $443,712 as of December 31, 2012) 530,926 451,060
Loans held for sale, at the lower of cost or fair value    8,306
Loans receivable, net of allowance for loan losses of $57,555 as of December 31, 2013 and $63,305 as of December 31, 2012 2,177,498 1,986,051
Accrued interest receivable 7,055 7,581
Premises and equipment, net 14,221 15,150
Other real estate owned, net 756 774
Customers' liability on acceptances 2,018 1,336
Servicing assets 6,833 5,542
Other intangible assets, net 1,171 1,335
Investment in federal home loan bank stock, at cost 14,060 17,800
Investment in federal reserve bank stock, at cost 11,196 12,222
Deferred tax assets 51,767 50,998
Current tax assets 11,769 9,030
Bank-owned life insurance 29,699 29,054
Prepaid expenses 1,415 2,084
Other assets 15,798 10,800
Total assets 3,055,539 2,882,520
Deposits:    
Noninterest-bearing 819,015 720,931
Interest-bearing 1,693,310 1,675,032
Total deposits 2,512,325 2,395,963
Accrued interest payable 3,366 11,775
Bank's liability on acceptances 2,018 1,336
Federal home loan bank advances 127,546 2,935
Junior subordinated debentures   82,406
Accrued expenses and other liabilities 9,047 9,741
Total liabilities 2,654,302 2,504,156
Stockholders' equity:    
Common stock, $0.001 par value; authorized 62,500,000 shares; issued 32,339,444 shares (31,761,550 shares outstanding) and 32,074,434 shares (31,496,540 shares outstanding) as of December 31, 2013 and December 31, 2012 257 257
Additional paid-in capital 552,270 550,066
Accumulated other comprehensive (loss) income, net of tax (benefit) expense of ($8,791) as of December 31, 2013 and $1,946 as of December 31, 2012 (9,380) 5,418
Accumulated deficit (72,052) (107,519)
Less: treasury stock, at cost; 577,894 shares as of December 31, 2013 and December 31, 2012 (69,858) (69,858)
Total stockholders' equity 401,237 378,364
Total liabilities and stockholders' equity $ 3,055,539 $ 2,882,520