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10-Q Filing

MECHANICS BANCORP CIK: 1518715 Q1 2020
Filing Information
Form Type 10-Q
Accession Number 0001518715-20-000105
Period End Date 20200331
Filing Date 20200508
Fiscal Year 2020
Fiscal Period Q1
XBRL Instance hmst-20200331x10q_htm.xml
Balance Sheet 91 line items
Line Item Tag Value Unit Period
Interest-bearing instruments InterestBearingDepositsInBanks $40.04M USD Point-in-time
Interest-bearing instruments InterestBearingDepositsInBanks $28.49M USD Point-in-time
Investment securities held at fair value (AFS) InvestmentsFairValueDisclosure $938.78M USD Point-in-time
Cash and cash equivalents (includes interest-earning instruments of $40,041 and $28,489) CashAndCashEquivalentsAtCarryingValue $67.69M USD Point-in-time
Cash and cash equivalents (includes interest-earning instruments of $40,041 and $28,489) CashAndCashEquivalentsAtCarryingValue $72.44M USD Point-in-time
Cash and cash equivalents (includes interest-earning instruments of $40,041 and $28,489) CashAndCashEquivalentsAtCarryingValue $57.88M USD Point-in-time
Investment securities held at fair value (AFS) InvestmentsFairValueDisclosure $1.05B USD Point-in-time
Investment securities (includes $1,054,145 and $938,778 carried at fair value) MarketableSecurities $943.15M USD Point-in-time
Investment securities (includes $1,054,145 and $938,778 carried at fair value) MarketableSecurities $1.06B USD Point-in-time
Fair value of loans held for sale LoansHeldForSaleFairValueDisclosure $79.33M USD Point-in-time
Fair value of loans held for sale LoansHeldForSaleFairValueDisclosure $138.09M USD Point-in-time
Allowance for losses on loans held for investment LoansAndLeasesReceivableAllowance $58.30M USD Point-in-time
Loans held for sale (includes $138,095 and $79,335 carried at fair value) LoansReceivableHeldForSaleNetNotPartOfDisposalGroup $208.18M USD Point-in-time
Loans held for sale (includes $138,095 and $79,335 carried at fair value) LoansReceivableHeldForSaleNetNotPartOfDisposalGroup $140.53M USD Point-in-time
Allowance for losses on loans held for investment LoansAndLeasesReceivableAllowance $41.77M USD Point-in-time
Loans held for investment (net of allowance for credit losses of $58,299 and $41,772; includes $4,926 and $3,468 carried at fair value) LoansAndLeasesReceivableNetReportedAmount $5.07B USD Point-in-time
Loans held for investment (net of allowance for credit losses of $58,299 and $41,772; includes $4,926 and $3,468 carried at fair value) LoansAndLeasesReceivableNetReportedAmount $5.03B USD Point-in-time
Fair value of loans held for investment LoansReceivableFairValueDisclosure $3.47M USD Point-in-time
Fair value of loans held for investment LoansReceivableFairValueDisclosure $4.93M USD Point-in-time
Fair value of mortgage servicing rights ServicingAssetAtFairValueAmount $68.11M USD Point-in-time
Fair value of mortgage servicing rights ServicingAssetAtFairValueAmount $49.93M USD Point-in-time
Mortgage servicing rights (includes $49,933 and $68,109 carried at fair value) ServicingAsset $97.60M USD Point-in-time
Mortgage servicing rights (includes $49,933 and $68,109 carried at fair value) ServicingAsset $80.05M USD Point-in-time
Other real estate owned OtherRealEstateAndForeclosedAssets $1.34M USD Point-in-time
Other real estate owned OtherRealEstateAndForeclosedAssets $1.39M USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockNoParValue - USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockNoParValue - USD Point-in-time
Federal Home Loan Bank stock, at cost FederalHomeLoanBankStock $22.40M USD Point-in-time
Federal Home Loan Bank stock, at cost FederalHomeLoanBankStock $26.80M USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 10,000.00 shares Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 10,000.00 shares Point-in-time
Premises and equipment, net PropertyPlantAndEquipmentNet $76.97M USD Point-in-time
Premises and equipment, net PropertyPlantAndEquipmentNet $74.70M USD Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Lease right-of-use assets OperatingAndFinanceLeaseRightOfUseAsset $94.87M USD Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Lease right-of-use assets OperatingAndFinanceLeaseRightOfUseAsset $91.38M USD Point-in-time
Common stock, par value (in dollars per share) CommonStockNoParValue - USD Point-in-time
Goodwill Goodwill $28.49M USD Point-in-time
Goodwill Goodwill $28.49M USD Point-in-time
Common stock, par value (in dollars per share) CommonStockNoParValue - USD Point-in-time
Other assets OtherAssets $197.57M USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 160.00M shares Point-in-time
Other assets OtherAssets $180.08M USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 160.00M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 23.38M shares Point-in-time
Assets of discontinued operations AssetsOfDisposalGroupIncludingDiscontinuedOperation $28.63M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 23.89M shares Point-in-time
Assets of discontinued operations AssetsOfDisposalGroupIncludingDiscontinuedOperation - USD Point-in-time
Total assets Assets $6.81B USD Point-in-time
Total assets Assets $6.81B USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 23.38M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 23.89M shares Point-in-time
Deposits Deposits $5.26B USD Point-in-time
Deposits Deposits $5.34B USD Point-in-time
Federal Home Loan Bank advances AdvancesFromFederalHomeLoanBanks $346.59M USD Point-in-time
Federal Home Loan Bank advances AdvancesFromFederalHomeLoanBanks $463.59M USD Point-in-time
Accounts payable and other liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $78.96M USD Point-in-time
Accounts payable and other liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $79.82M USD Point-in-time
Federal funds purchased and securities sold under agreements to repurchase FederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase - USD Point-in-time
Federal funds purchased and securities sold under agreements to repurchase FederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase $125.00M USD Point-in-time
Other borrowings OtherBorrowings $95.00M USD Point-in-time
Other borrowings OtherBorrowings - USD Point-in-time
Long-term debt LongTermDebt $125.70M USD Point-in-time
Long-term debt LongTermDebt $125.65M USD Point-in-time
Lease liabilities OperatingAndFinanceLeaseLiability $109.10M USD Point-in-time
Lease liabilities OperatingAndFinanceLeaseLiability $113.09M USD Point-in-time
Liabilities of discontinued operations LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation - USD Point-in-time
Liabilities of discontinued operations LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation $2.60M USD Point-in-time
Total liabilities Liabilities $6.13B USD Point-in-time
Total liabilities Liabilities $6.13B USD Point-in-time
Commitments and contingencies (Note 8) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 8) CommitmentsAndContingencies - USD Point-in-time
Preferred stock, no par value, authorized 10,000 shares, issued and outstanding, 0 shares and 0 shares PreferredStockValue - USD Point-in-time
Preferred stock, no par value, authorized 10,000 shares, issued and outstanding, 0 shares and 0 shares PreferredStockValue - USD Point-in-time
Common stock, no par value, authorized 160,000,000 shares, issued and outstanding, 23,376,793 shares and 23,890,855 shares CommonStockValue $511.00K USD Point-in-time
Common stock, no par value, authorized 160,000,000 shares, issued and outstanding, 23,376,793 shares and 23,890,855 shares CommonStockValue $511.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $293.79M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $300.22M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $365.28M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $374.67M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $4.32M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $17.73M USD Point-in-time
Total shareholders' equity StockholdersEquity $747.03M USD Point-in-time
Total shareholders' equity StockholdersEquity $739.52M USD Point-in-time
Total shareholders' equity StockholdersEquity $677.31M USD Point-in-time
Total shareholders' equity StockholdersEquity $679.72M USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $6.81B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $6.81B USD Point-in-time
Income Statement 91 line items
Line Item Tag Value Unit Period
Net loss on disposal DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax $-12.22M USD 1 Quarter
Loans InterestAndFeeIncomeLoansAndLeases $59.11M USD 1 Quarter
Loans InterestAndFeeIncomeLoansAndLeases $62.93M USD 1 Quarter
Investment securities InterestAndDividendIncomeSecurities $4.39M USD 1 Quarter
Investment securities InterestAndDividendIncomeSecurities $5.56M USD 1 Quarter
Other OtherInterestAndDividendIncome $248.00K USD 1 Quarter
Other OtherInterestAndDividendIncome $188.00K USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $68.68M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $63.75M USD 1 Quarter
Deposits InterestExpenseDeposits $14.31M USD 1 Quarter
Deposits InterestExpenseDeposits $14.78M USD 1 Quarter
Federal Home Loan Bank advances InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm $4.64M USD 1 Quarter
Federal Home Loan Bank advances InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm $1.31M USD 1 Quarter
Federal funds purchased and securities sold under agreements to repurchase InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase $458.00K USD 1 Quarter
Federal funds purchased and securities sold under agreements to repurchase InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase $304.00K USD 1 Quarter
Long-term debt InterestExpenseLongTermDebt $1.59M USD 1 Quarter
Long-term debt InterestExpenseLongTermDebt $1.74M USD 1 Quarter
Other InterestExpenseOther $124.00K USD 1 Quarter
Other InterestExpenseOther $174.00K USD 1 Quarter
Total interest expense InterestExpense $21.13M USD 1 Quarter
Total interest expense InterestExpense $18.32M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $47.56M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $45.43M USD 1 Quarter
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $1.50M USD 1 Quarter
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $14.00M USD 1 Quarter
Net interest income after provision for credit losses InterestIncomeExpenseAfterProvisionForLoanLoss $31.43M USD 1 Quarter
Net interest income after provision for credit losses InterestIncomeExpenseAfterProvisionForLoanLoss $46.06M USD 1 Quarter
Net gain on loan origination and sale activities NetGainsLossesOnMortgageLoanOriginationAndSalesActivities $2.61M USD 1 Quarter
Net gain on loan origination and sale activities NetGainsLossesOnMortgageLoanOriginationAndSalesActivities $22.54M USD 1 Quarter
Loan servicing income ServicingFeesNet1 $5.61M USD 1 Quarter
Loan servicing income ServicingFeesNet1 $1.04M USD 1 Quarter
Depositor and other retail banking fees DepositorAndOtherRetailBankingFees $1.89M USD 1 Quarter
Depositor and other retail banking fees DepositorAndOtherRetailBankingFees $1.75M USD 1 Quarter
Insurance agency commissions InsuranceCommissionsAndFees $406.00K USD 1 Quarter
Insurance agency commissions InsuranceCommissionsAndFees $625.00K USD 1 Quarter
Gain (loss) on sale of investment securities available for sale, net DebtSecuritiesAvailableForSaleRealizedGainLoss $-247.00K USD 1 Quarter
Gain (loss) on sale of investment securities available for sale, net DebtSecuritiesAvailableForSaleRealizedGainLoss $112.00K USD 1 Quarter
Other NoninterestIncomeExpenseOther $2.07M USD 1 Quarter
Other NoninterestIncomeExpenseOther $2.32M USD 1 Quarter
Total noninterest income NoninterestIncome $8.09M USD 1 Quarter
Total noninterest income NoninterestIncome $32.63M USD 1 Quarter
Salaries and related costs LaborAndRelatedExpense $32.04M USD 1 Quarter
Salaries and related costs LaborAndRelatedExpense $25.28M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $8.18M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $7.97M USD 1 Quarter
Amortization of core deposit intangibles AmortizationOfIntangibleAssets $333.00K USD 1 Quarter
Amortization of core deposit intangibles AmortizationOfIntangibleAssets $345.00K USD 1 Quarter
Legal LegalFees $-204.00K USD 1 Quarter
Legal LegalFees $610.00K USD 1 Quarter
Consulting ProfessionalFees $1.41M USD 1 Quarter
Consulting ProfessionalFees $934.00K USD 1 Quarter
Federal Deposit Insurance Corporation assessments FederalDepositInsuranceCorporationPremiumExpense $771.00K USD 1 Quarter
Federal Deposit Insurance Corporation assessments FederalDepositInsuranceCorporationPremiumExpense $821.00K USD 1 Quarter
Occupancy OccupancyNet $5.52M USD 1 Quarter
Occupancy OccupancyNet $4.97M USD 1 Quarter
Information services CommunicationsAndInformationTechnology $7.09M USD 1 Quarter
Information services CommunicationsAndInformationTechnology $6.94M USD 1 Quarter
Net cost (benefit) from operation and sale of other real estate owned Netcostincomefromoperationsandsaleofotherrealestateowned $52.00K USD 1 Quarter
Net cost (benefit) from operation and sale of other real estate owned Netcostincomefromoperationsandsaleofotherrealestateowned $-29.00K USD 1 Quarter
Total noninterest expense NoninterestExpense $55.18M USD 1 Quarter
Total noninterest expense NoninterestExpense $47.85M USD 1 Quarter
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $6.30M USD 1 Quarter
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $8.88M USD 1 Quarter
Income tax expense from continuing operations IncomeTaxExpenseBenefit $1.25M USD 1 Quarter
Income tax expense from continuing operations IncomeTaxExpenseBenefit $1.74M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $5.06M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $7.14M USD 1 Quarter
Loss from discontinued operations before income taxes (includes net loss on disposal of $12,224 for the three months ended March 31, 2019) DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax $-8.44M USD 1 Quarter
Loss from discontinued operations before income taxes (includes net loss on disposal of $12,224 for the three months ended March 31, 2019) DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax - USD 1 Quarter
Income tax benefit from discontinued operations DiscontinuedOperationTaxEffectOfDiscontinuedOperation $-1.67M USD 1 Quarter
Income tax benefit from discontinued operations DiscontinuedOperationTaxEffectOfDiscontinuedOperation - USD 1 Quarter
Income (loss) from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTax - USD 1 Quarter
Income (loss) from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTax $-6.77M USD 1 Quarter
NET INCOME (LOSS) NetIncomeLoss $-1.72M USD 1 Quarter
NET INCOME (LOSS) NetIncomeLoss $7.14M USD 1 Quarter
Basic income from continuing operations per share (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $0.19 USD 1 Quarter
Basic income from continuing operations per share (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $0.30 USD 1 Quarter
Basic income (loss) from discontinued operations per share (in dollars per share) DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare $-0.25 USD 1 Quarter
Basic income (loss) from discontinued operations per share (in dollars per share) DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare - USD 1 Quarter
Basic earnings per share (in dollars per share) EarningsPerShareBasic $-0.06 USD 1 Quarter
Basic earnings per share (in dollars per share) EarningsPerShareBasic $0.30 USD 1 Quarter
Diluted income from continuing operations per share (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $0.30 USD 1 Quarter
Diluted income from continuing operations per share (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $0.19 USD 1 Quarter
Diluted income (loss) from discontinued operations per share (in dollars per share) DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare $-0.25 USD 1 Quarter
Diluted income (loss) from discontinued operations per share (in dollars per share) DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare - USD 1 Quarter
Diluted earnings per share (in dollars per share) EarningsPerShareDiluted $0.30 USD 1 Quarter
Diluted earnings per share (in dollars per share) EarningsPerShareDiluted $-0.06 USD 1 Quarter
Basic weighted average number of shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 23.69M shares 1 Quarter
Basic weighted average number of shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 27.02M shares 1 Quarter
Diluted weighted average number of shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 27.19M shares 1 Quarter
Diluted weighted average number of shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 23.86M shares 1 Quarter
Cash Flow Statement 129 line items
Line Item Tag Value Unit Period
Net income (loss) NetIncomeLoss $-1.72M USD 1 Quarter
Net income (loss) NetIncomeLoss $7.14M USD 1 Quarter
Depreciation, amortization and accretion DepreciationAmortizationAndAccretionNet $10.34M USD 1 Quarter
Depreciation, amortization and accretion DepreciationAmortizationAndAccretionNet $9.88M USD 1 Quarter
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $1.50M USD 1 Quarter
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $14.00M USD 1 Quarter
Net fair value adjustment and gain on sale of loans held for sale FinancingReceivableNetFairValueAdjustmentAndGainLossOnSale $25.56M USD 1 Quarter
Net fair value adjustment and gain on sale of loans held for sale FinancingReceivableNetFairValueAdjustmentAndGainLossOnSale $10.43M USD 1 Quarter
Gain on sale of mortgage servicing rights, gross GainLossOnSaleOfMortgageServicingRights - USD 1 Quarter
Gain on sale of mortgage servicing rights, gross GainLossOnSaleOfMortgageServicingRights $6.21M USD 1 Quarter
Loss on sale of HLC mortgage origination assets, net GainLossOnSaleOfOtherAssets $-144.00K USD 1 Quarter
Loss on sale of HLC mortgage origination assets, net GainLossOnSaleOfOtherAssets - USD 1 Quarter
Fair value adjustment of loans held for investment GainsLossesOnLoansHeldForInvestment $55.00K USD 1 Quarter
Fair value adjustment of loans held for investment GainsLossesOnLoansHeldForInvestment $85.00K USD 1 Quarter
Origination of mortgage servicing rights IncreaseDecreaseinMortgageServicingRights $7.92M USD 1 Quarter
Origination of mortgage servicing rights IncreaseDecreaseinMortgageServicingRights $4.12M USD 1 Quarter
Change in fair value of mortgage servicing rights MortgageServicingRightsMSRImpairmentRecovery $14.26M USD 1 Quarter
Change in fair value of mortgage servicing rights MortgageServicingRightsMSRImpairmentRecovery $20.34M USD 1 Quarter
Net (gain) loss on sale of investment securities DebtSecuritiesAvailableForSaleRealizedGainLoss $-247.00K USD 1 Quarter
Net (gain) loss on sale of investment securities DebtSecuritiesAvailableForSaleRealizedGainLoss $112.00K USD 1 Quarter
Net gain on sale of loans originated as held for investment GainLossOnSaleOfNotesReceivable $1.86M USD 1 Quarter
Net gain on sale of loans originated as held for investment GainLossOnSaleOfNotesReceivable $1.61M USD 1 Quarter
Net fair value adjustment, gain on sale and provision for losses on other real estate owned NetfairvalueadjustmentgainlossandprovisiononOtherRealEstateOwned $64.00K USD 1 Quarter
Net fair value adjustment, gain on sale and provision for losses on other real estate owned NetfairvalueadjustmentgainlossandprovisiononOtherRealEstateOwned $-51.00K USD 1 Quarter
Loss on disposal of fixed assets GainLossOnSaleOfPropertyPlantEquipment - USD 1 Quarter
Loss on disposal of fixed assets GainLossOnSaleOfPropertyPlantEquipment $-1.00K USD 1 Quarter
Loss on lease abandonment and exit costs DisposalGroupNotDiscontinuedOperationGainLossOnDisposal $-627.00K USD 1 Quarter
Loss on lease abandonment and exit costs DisposalGroupNotDiscontinuedOperationGainLossOnDisposal $-11.43M USD 1 Quarter
Change in deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $40.52M USD 1 Quarter
Change in deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $7.03M USD 1 Quarter
Share-based compensation expense ShareBasedCompensation $477.00K USD 1 Quarter
Share-based compensation expense ShareBasedCompensation $-390.00K USD 1 Quarter
Origination of loans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $379.00M USD 1 Quarter
Origination of loans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $1.04B USD 1 Quarter
Proceeds from sale of loans originated as held for sale ProceedsFromSaleOfLoansHeldForSale $358.84M USD 1 Quarter
Proceeds from sale of loans originated as held for sale ProceedsFromSaleOfLoansHeldForSale $1.05B USD 1 Quarter
(Increase) decrease in accounts receivable and other assets IncreaseDecreaseInAccountsReceivableAndOtherAssets $-3.08M USD 1 Quarter
(Increase) decrease in accounts receivable and other assets IncreaseDecreaseInAccountsReceivableAndOtherAssets $17.07M USD 1 Quarter
(Decrease) increase in accounts payable and other liabilities IncreaseDecreaseInAccountsPayableAndOtherLiabilities $2.92M USD 1 Quarter
(Decrease) increase in accounts payable and other liabilities IncreaseDecreaseInAccountsPayableAndOtherLiabilities $-20.37M USD 1 Quarter
Decrease in lease liability IncreaseDecreaseInContractWithCustomerLiability - USD 1 Quarter
Decrease in lease liability IncreaseDecreaseInContractWithCustomerLiability $-3.40M USD 1 Quarter
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-12.22M USD 1 Quarter
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-14.04M USD 1 Quarter
Purchase of investment securities PaymentsToAcquireAvailableForSaleSecuritiesDebt $166.53M USD 1 Quarter
Purchase of investment securities PaymentsToAcquireAvailableForSaleSecuritiesDebt $6.68M USD 1 Quarter
Proceeds from sale of investment securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $33.79M USD 1 Quarter
Proceeds from sale of investment securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $95.00M USD 1 Quarter
Principal repayments and maturities of investment securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $34.60M USD 1 Quarter
Principal repayments and maturities of investment securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $28.02M USD 1 Quarter
Proceeds from sale of other real estate owned ProceedsFromSaleOfOtherRealEstate $518.00K USD 1 Quarter
Proceeds from sale of other real estate owned ProceedsFromSaleOfOtherRealEstate - USD 1 Quarter
Proceeds from sale of loans originated as held for investment ProceedsFromSaleOfLoansHeldForInvestment $148.59M USD 1 Quarter
Proceeds from sale of loans originated as held for investment ProceedsFromSaleOfLoansHeldForInvestment $244.72M USD 1 Quarter
Proceeds from sale of mortgage servicing rights ProceedsFromSaleOfMortgageServicingRightsMSR $66.00K USD 1 Quarter
Proceeds from sale of mortgage servicing rights ProceedsFromSaleOfMortgageServicingRightsMSR $1.05M USD 1 Quarter
Net cash provided by disposal of discontinued operations ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates $166.25M USD 1 Quarter
Net cash provided by disposal of discontinued operations ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates $1.40M USD 1 Quarter
Origination of loans held for investment and principal repayments, net PaymentsToAcquireFinanceReceivables $337.20M USD 1 Quarter
Origination of loans held for investment and principal repayments, net PaymentsToAcquireFinanceReceivables $98.02M USD 1 Quarter
Purchase of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $1.00M USD 1 Quarter
Purchase of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $638.00K USD 1 Quarter
Net cash used for acquisitions PaymentsToAcquireBusinessesNetOfCashAcquired - USD 1 Quarter
Net cash used for acquisitions PaymentsToAcquireBusinessesNetOfCashAcquired $32.55M USD 1 Quarter
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $49.03M USD 1 Quarter
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $62.35M USD 1 Quarter
(Decrease) increase in deposits, net IncreaseDecreaseInDeposits $-82.94M USD 1 Quarter
(Decrease) increase in deposits, net IncreaseDecreaseInDeposits $271.46M USD 1 Quarter
Proceeds from Federal Home Loan Bank advances ProceedsFromFederalHomeLoanBankBorrowings $3.94B USD 1 Quarter
Proceeds from Federal Home Loan Bank advances ProceedsFromFederalHomeLoanBankBorrowings $2.22B USD 1 Quarter
Repayment of Federal Home Loan Bank advances RepaymentsOfFederalHomeLoanBankBorrowings $2.56B USD 1 Quarter
Repayment of Federal Home Loan Bank advances RepaymentsOfFederalHomeLoanBankBorrowings $3.83B USD 1 Quarter
Proceeds from federal funds purchased and securities sold under agreements to repurchase ProceedsfromFederalFundsPurchasedandSecuritiesSoldunderAgreementstoRepurchase $2.97B USD 1 Quarter
Proceeds from federal funds purchased and securities sold under agreements to repurchase ProceedsfromFederalFundsPurchasedandSecuritiesSoldunderAgreementstoRepurchase $8.17B USD 1 Quarter
Repayment of federal funds purchased and securities sold under agreements to repurchase PaymentsForSecuritiesSoldUnderAgreementsToRepurchase $8.30B USD 1 Quarter
Repayment of federal funds purchased and securities sold under agreements to repurchase PaymentsForSecuritiesSoldUnderAgreementsToRepurchase $2.96B USD 1 Quarter
Proceeds from other borrowings ProceedsFromOtherDebt $255.00M USD 1 Quarter
Proceeds from other borrowings ProceedsFromOtherDebt - USD 1 Quarter
Repayment of other borrowings RepaymentsOfOtherDebt - USD 1 Quarter
Repayment of other borrowings RepaymentsOfOtherDebt $160.00M USD 1 Quarter
Repayment of lease principal FinanceLeasePrincipalPayments $285.00K USD 1 Quarter
Repayment of lease principal FinanceLeasePrincipalPayments $455.00K USD 1 Quarter
Proceeds from Federal Home Loan Bank stock repurchase ProceedsFromSaleOfFederalHomeLoanBankStock $48.63M USD 1 Quarter
Proceeds from Federal Home Loan Bank stock repurchase ProceedsFromSaleOfFederalHomeLoanBankStock $57.88M USD 1 Quarter
Purchase of Federal Home Loan Bank stock PaymentsToAcquireFederalHomeLoanBankStock $35.67M USD 1 Quarter
Purchase of Federal Home Loan Bank stock PaymentsToAcquireFederalHomeLoanBankStock $62.27M USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock - USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $16.48M USD 1 Quarter
Proceeds from stock issuance, net ProceedsFromIssuanceOfCommonStock - USD 1 Quarter
Proceeds from stock issuance, net ProceedsFromIssuanceOfCommonStock $238.00K USD 1 Quarter
Dividends paid on common stock PaymentsOfDividendsCommonStock $3.57M USD 1 Quarter
Dividends paid on common stock PaymentsOfDividendsCommonStock - USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-20.43M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-41.03M USD 1 Quarter
NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $14.56M USD 1 Quarter
NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $9.10M USD 1 Quarter
Cash, cash equivalents and restricted cash, beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $57.88M USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $67.69M USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $72.44M USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $58.59M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $57.88M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $67.69M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $72.44M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $58.59M USD Point-in-time
Less: restricted cash included in other assets RestrictedCashAndCashEquivalents - USD Point-in-time
Less: restricted cash included in other assets RestrictedCashAndCashEquivalents - USD Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD CashAndCashEquivalentsAtCarryingValue $67.69M USD Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD CashAndCashEquivalentsAtCarryingValue $72.44M USD Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD CashAndCashEquivalentsAtCarryingValue $57.88M USD Point-in-time
Interest paid InterestPaidNet $17.88M USD 1 Quarter
Interest paid InterestPaidNet $22.56M USD 1 Quarter
Federal and state income taxes paid, net IncomeTaxesPaidNet $-7.39M USD 1 Quarter
Federal and state income taxes paid, net IncomeTaxesPaidNet - USD 1 Quarter
Loans held for investment foreclosed and transferred to other real estate owned LoansHeldForInvestmentForeclosedAndTransferredToOtherRealEstateOwned - USD 1 Quarter
Loans held for investment foreclosed and transferred to other real estate owned LoansHeldForInvestmentForeclosedAndTransferredToOtherRealEstateOwned $180.00K USD 1 Quarter
Loans transferred from held for investment to held for sale TransferOfPortfolioLoansAndLeasesToHeldForSale1 $120.53M USD 1 Quarter
Loans transferred from held for investment to held for sale TransferOfPortfolioLoansAndLeasesToHeldForSale1 $153.79M USD 1 Quarter
Loans transferred from held for sale to held for investment TransferOfLoansHeldForSaleToPortfolioLoans1 $2.09M USD 1 Quarter
Loans transferred from held for sale to held for investment TransferOfLoansHeldForSaleToPortfolioLoans1 $3.87M USD 1 Quarter
Ginnie Mae loans (derecognized) recognized with the right to repurchase, net LoansRecognizedWithRightToRepurchase $-27.28M USD 1 Quarter
Ginnie Mae loans (derecognized) recognized with the right to repurchase, net LoansRecognizedWithRightToRepurchase $-298.00K USD 1 Quarter
Receivable from sale of mortgage servicing rights Receivablefromsaleofmortgageservicingrights $18.32M USD 1 Quarter
Receivable from sale of mortgage servicing rights Receivablefromsaleofmortgageservicingrights - USD 1 Quarter
Assets acquired BusinessCombinationsRecognizedIdentifiable - USD Point-in-time
Assets acquired BusinessCombinationsRecognizedIdentifiable $115.04M USD Point-in-time
Liabilities assumed BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities $74.94M USD Point-in-time
Liabilities assumed BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities - USD Point-in-time
Goodwill Goodwillfromacquisition - USD Point-in-time
Goodwill Goodwillfromacquisition $7.29M USD Point-in-time
Stockholders Equity 23 line items
Line Item Tag Value Unit Period
Dividends (in dollars per share) CommonStockDividendsPerShareDeclared $0.15 USD 1 Quarter
Common stock shares outstanding, beginning balance (in shares) CommonStockSharesOutstanding 23.38M shares Point-in-time
Common stock shares outstanding, beginning balance (in shares) CommonStockSharesOutstanding 23.89M shares Point-in-time
Beginning balance StockholdersEquity $747.03M USD Point-in-time
Beginning balance StockholdersEquity $739.52M USD Point-in-time
Beginning balance StockholdersEquity $677.31M USD Point-in-time
Beginning balance StockholdersEquity $679.72M USD Point-in-time
Net income NetIncomeLoss $-1.72M USD 1 Quarter
Net income NetIncomeLoss $7.14M USD 1 Quarter
Dividends declared on common stock ($0.15 per share) DividendsCommonStock $3.57M USD 1 Quarter
Common stock issued StockIssuedDuringPeriodValueNewIssues $664.00K USD 1 Quarter
Common stock issued StockIssuedDuringPeriodValueNewIssues $62.00K USD 1 Quarter
Share-based compensation recovery AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition $426.00K USD 1 Quarter
Share-based compensation recovery AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition $-452.00K USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $10.16M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $13.41M USD 1 Quarter
Common stock repurchased and retired StockRepurchasedAndRetiredDuringPeriodValue $16.73M USD 1 Quarter
Common stock shares outstanding, ending balance (in shares) CommonStockSharesOutstanding 23.38M shares Point-in-time
Common stock shares outstanding, ending balance (in shares) CommonStockSharesOutstanding 23.89M shares Point-in-time
Ending balance StockholdersEquity $747.03M USD Point-in-time
Ending balance StockholdersEquity $739.52M USD Point-in-time
Ending balance StockholdersEquity $677.31M USD Point-in-time
Ending balance StockholdersEquity $679.72M USD Point-in-time
Comprehensive Income 14 line items
Line Item Tag Value Unit Period
Tax expense (benefit) on unrealized holding gain (loss) on securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $2.50M USD 1 Quarter
Net income (loss) NetIncomeLoss $-1.72M USD 1 Quarter
Net income (loss) NetIncomeLoss $7.14M USD 1 Quarter
Tax expense (benefit) on unrealized holding gain (loss) on securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $3.59M USD 1 Quarter
Tax expense (benefit) on reclassification adjustment for net gain on securities included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax $24.00K USD 1 Quarter
Tax expense (benefit) on reclassification adjustment for net gain on securities included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax $-52.00K USD 1 Quarter
Unrealized holding gain arising during the year, net of tax expense of $3,587 and $2,502 OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $9.97M USD 1 Quarter
Unrealized holding gain arising during the year, net of tax expense of $3,587 and $2,502 OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $13.50M USD 1 Quarter
Reclassification adjustment for net (gains) losses included in net income, net of tax expense (benefit) of $24 and $(52) OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax $88.00K USD 1 Quarter
Reclassification adjustment for net (gains) losses included in net income, net of tax expense (benefit) of $24 and $(52) OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax $-195.00K USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $10.16M USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $13.41M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $8.45M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $20.55M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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