|
Cash flows from operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Adjustments to reconcile net income to net cash provided by operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income (Loss) Attributable to Parent
|
|
$9.4m
|
$20.6m
|
$35.8m
|
$25.6m
|
($75.0m)
|
$52.5m
|
$57.7m
|
$7.8m
|
$62.6m
|
$22.7m
|
|
Net Income (Loss) Available to Common Stockholders, Basic
|
|
$9.4m
|
$20.6m
|
$35.8m
|
$25.6m
|
($75.0m)
|
$52.5m
|
$57.7m
|
$7.8m
|
$62.6m
|
$22.7m
|
|
Depreciation and amortization
|
|
$1.8m
|
$2.5m
|
$3.1m
|
$3.6m
|
$3.7m
|
$4.2m
|
$4.5m
|
$4.5m
|
$5.4m
|
$6.1m
|
|
Amortization of Intangible Assets
|
|
$413k
|
$1.0m
|
$2.4m
|
$3.2m
|
$3.9m
|
$4.2m
|
$4.0m
|
$3.4m
|
$4.3m
|
$4.5m
|
|
Depreciation
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$5.6m
|
$6.3m
|
|
Deferred Income Tax Expense (Benefit)
|
|
$844k
|
$2.6m
|
$3.5m
|
$1.6m
|
($11.1m)
|
$1.6m
|
$2.6m
|
($2.4m)
|
$796k
|
($5.1m)
|
|
Share-based Payment Arrangement, Noncash Expense
|
|
$553k
|
$1.1m
|
$2.5m
|
$2.9m
|
$3.5m
|
$2.9m
|
$3.3m
|
$3.2m
|
$4.0m
|
$5.6m
|
|
Goodwill and Intangible Asset Impairment
|
|
—
|
—
|
—
|
—
|
$104.8m
|
—
|
—
|
—
|
—
|
—
|
|
Goodwill, Impairment Loss
|
|
—
|
—
|
—
|
—
|
$104.8m
|
—
|
—
|
—
|
—
|
—
|
|
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property
|
|
$42k
|
$5k
|
$182k
|
$19k
|
($7k)
|
$18k
|
$41k
|
$103k
|
$66k
|
($76k)
|
|
Gain (Loss) on Extinguishment of Debt
|
|
($58k)
|
—
|
—
|
—
|
—
|
($372k)
|
—
|
—
|
—
|
($1.4m)
|
|
Income Tax Expense (Benefit)
|
|
$4.5m
|
$10.4m
|
$10.3m
|
$7.3m
|
$400k
|
$12.0m
|
$12.6m
|
($5.4m)
|
$15.7m
|
$3.7m
|
|
Changes in operating assets and liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Additional Financial Items
|
|
|
|
|
|
|
|
|
|
|
|
|
Increase (Decrease) in Other Operating Assets
|
|
($885k)
|
$673k
|
$5.7m
|
$3.8m
|
$6.3m
|
$6.5m
|
($22.5m)
|
($6.2m)
|
($11.2m)
|
$17.9m
|
|
Bank Owned Life Insurance Income
|
|
$1.0m
|
$1.4m
|
$2.2m
|
$2.0m
|
$1.9m
|
$3.5m
|
$3.1m
|
$4.1m
|
$5.0m
|
$7.7m
|
|
Gain (Loss) on Sales of Loans, Net
|
|
$1.2m
|
$1.6m
|
$1.1m
|
$2.1m
|
$2.6m
|
$2.8m
|
$1.1m
|
$472k
|
($54k)
|
$454k
|
|
Proceeds from Stock Options Exercised
|
|
$112k
|
$1.2m
|
$133k
|
$371k
|
$20k
|
$3.8m
|
$2.0m
|
$203k
|
$3.5m
|
$316k
|
|
Debt and Equity Securities, Gain (Loss)
|
|
—
|
—
|
$1k
|
—
|
—
|
$373k
|
$79k
|
($52.0m)
|
($267k)
|
($53.3m)
|
|
Gain (Loss) on Investments
|
|
—
|
—
|
($9k)
|
$14k
|
$11k
|
$406k
|
$5k
|
($51.9m)
|
$220k
|
($53.2m)
|
|
Gain (Loss) on Termination of Lease
|
|
—
|
—
|
—
|
$7k
|
—
|
$2k
|
—
|
($173k)
|
$0
|
($3k)
|
|
Goodwill
|
|
$58.9m
|
$104.9m
|
$131.7m
|
$136.4m
|
$31.6m
|
$54.5m
|
$53.1m
|
$53.1m
|
$53.1m
|
$82.1m
|
|
Unrealized Gain (Loss) on Investments
|
|
—
|
—
|
($11k)
|
$14k
|
$11k
|
$68k
|
($74k)
|
$104k
|
$487k
|
$1k
|
|
Net Cash Provided by (Used in) Operating Activities
|
|
$15.5m
|
$27.1m
|
$36.7m
|
$48.5m
|
$43.6m
|
$102.7m
|
$74.1m
|
$76.5m
|
$73.8m
|
$51.4m
|
|
Cash flows from investing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Payments to Acquire Property, Plant, and Equipment
|
|
$2.8m
|
$6.9m
|
$8.8m
|
$6.9m
|
$9.5m
|
$5.1m
|
$3.5m
|
$15.6m
|
$8.5m
|
$13.3m
|
|
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain (Loss), Net
|
|
—
|
—
|
—
|
—
|
$2.1m
|
$585k
|
$962k
|
—
|
$2.1m
|
$0
|
|
Net Cash Provided by (Used in) Investing Activities
|
|
—
|
—
|
($171.5m)
|
$96.1m
|
$96.0m
|
($315.3m)
|
($214.2m)
|
$232.2m
|
$123.7m
|
$136.9m
|
|
Cash flows from financing activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale
|
|
$90.5m
|
$102.0m
|
$58.7m
|
$30.6m
|
$178.5m
|
$472.9m
|
$168.4m
|
$789.4m
|
$288.3m
|
$819.9m
|
|
Proceeds from Issuance of Common Stock
|
|
$23.6m
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$87.0m
|
($73k)
|
|
Payments for Repurchase of Common Stock
|
|
—
|
—
|
—
|
$10.9m
|
$19.3m
|
$18.7m
|
$33.2m
|
$17.9m
|
$11.9m
|
$14.0m
|
|
Payments of Ordinary Dividends, Common Stock
|
|
$42k
|
—
|
—
|
—
|
—
|
$1.1m
|
$5.6m
|
$6.6m
|
$7.9m
|
$11.4m
|
|
Payments of Dividends
|
|
$42k
|
—
|
—
|
—
|
—
|
$1.1m
|
$5.6m
|
$6.6m
|
$7.9m
|
$11.4m
|
|
Proceeds from (Payments for) Other Financing Activities
|
|
($589k)
|
($537k)
|
$2.0m
|
$1.9m
|
($647k)
|
($2.5m)
|
($2.5m)
|
($12.3m)
|
($15.7m)
|
($12.4m)
|
|
Net Cash Provided by (Used in) Financing Activities
|
|
$103.4m
|
$212.4m
|
$275.4m
|
($248.1m)
|
$51.8m
|
$191.9m
|
($15.4m)
|
($34.0m)
|
($192.9m)
|
$35.8m
|
|
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
|
|
—
|
—
|
$140.6m
|
($103.5m)
|
$191.4m
|
($20.7m)
|
($155.5m)
|
$274.7m
|
$4.6m
|
$224.1m
|
|
Supplemental disclosure of cash flow information:
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest Paid, Excluding Capitalized Interest, Operating Activities
|
|
—
|
—
|
$32.7m
|
$48.4m
|
$25.7m
|
$15.0m
|
$25.8m
|
$80.8m
|
$116.2m
|
$100.3m
|
|
Income Taxes Paid, Net
|
|
$3.2m
|
$6.4m
|
$9.2m
|
$3.1m
|
$11.6m
|
$4.6m
|
$1.2m
|
$3.5m
|
$6.2m
|
($11.3m)
|