falsedesktopWAL2020-09-30000121254520000170{"tbl_sim": "https://q10k.com/tbl-sim", "search": "https://q10k.com/search"}{"q10k_tbl_0": "Large accelerated filer\t☒\tAccelerated filer\t☐\nNon accelerated filer\t☐\tSmaller reporting company\t☐\n\t\tEmerging growth company\t☐\n", "q10k_tbl_1": "\t\tPage\nPART I. FINANCIAL INFORMATION\t\t\nItem 1.\tGlossary of Entities and Terms\t3\n\tFinancial Statements (Unaudited)\t\n\tConsolidated Balance Sheets\t4\n\tConsolidated Income Statements\t5\n\tConsolidated Statements of Comprehensive Income\t7\n\tConsolidated Statements of Stockholders' Equity\t8\n\tConsolidated Statements of Cash Flows\t9\n\tNotes to Unaudited Consolidated Financial Statements\t11\nItem 2.\tManagement's Discussion and Analysis of Financial Condition and Results of Operations\t68\nItem 3.\tQuantitative and Qualitative Disclosures About Market Risk\t100\nItem 4.\tControls and Procedures\t103\nPART II. OTHER INFORMATION\t\t\nItem 1.\tLegal Proceedings\t103\nItem 1A.\tRisk Factors\t104\nItem 2.\tUnregistered Sales of Equity Securities and Use of Proceeds\t105\nItem 5.\tOther Information\t106\nItem 6.\tExhibits\t107\nSIGNATURES\t\t108\n", "q10k_tbl_2": "\tSeptember 30 2020\tDecember 31 2019\n\t(Unaudited)\t\n\t(in thousands except shares and per share amounts)\t\nAssets:\t\t\nCash and due from banks\t163893\t185977\nInterest-bearing deposits in other financial institutions\t1254842\t248619\nCash cash equivalents and restricted cash\t1418735\t434596\nInvestment securities - AFS at fair value; amortized cost of $3876586 at September 30 2020 and $3317928 at December 31 2019\t3975225\t3346310\nInvestment securities - HTM at amortized cost; fair value of $548140 at September 30 2020 and $516261 at December 31 2019\t504477\t485107\nLess: allowance for credit losses\t(5964)\t0\nNet HTM investment securities\t498513\t485107\nInvestment securities - equity\t160561\t138701\nInvestments in restricted stock at cost\t66843\t66509\nLoans - HFS\t20764\t21803\nLoans net of deferred loan fees and costs\t25993254\t21101493\nLess: allowance for credit losses\t(310560)\t(167797)\nNet loans held for investment\t25682694\t20933696\nPremises and equipment net\t128256\t125838\nOperating lease right of use asset\t71393\t72558\nBank owned life insurance\t175478\t174046\nGoodwill and intangible assets net\t298987\t297608\nDeferred tax assets net\t46645\t18025\nInvestments in LIHTC and renewable energy\t414305\t409365\nOther assets\t377107\t297786\nTotal assets\t33335506\t26821948\nLiabilities:\t\t\nDeposits:\t\t\nNon-interest-bearing demand\t13013014\t8537905\nInterest-bearing\t15830382\t14258588\nTotal deposits\t28843396\t22796493\nCustomer repurchase agreements\t19688\t16675\nOther borrowings\t10000\t0\nQualifying debt\t618772\t393563\nOperating lease liability\t78613\t78112\nOther liabilities\t540991\t520357\nTotal liabilities\t30111460\t23805200\nCommitments and contingencies (Note 11)\t\t\nStockholders' equity:\t\t\nCommon stock - par value $0.0001; 200000000 authorized; 102993777 shares issued at September 30 2020 and 104527544 at December 31 2019\t10\t10\nTreasury stock at cost (2168437 shares at September 30 2020 and 2003873 shares at December 31 2019)\t(71098)\t(62728)\nAdditional paid in capital\t1383537\t1374141\nAccumulated other comprehensive income\t78585\t25008\nRetained earnings\t1833012\t1680317\nTotal stockholders' equity\t3224046\t3016748\nTotal liabilities and stockholders' equity\t33335506\t26821948\n", "q10k_tbl_3": "\tThree Months Ended September 30\t\tNine Months Ended September 30\t\n\t2020\t2019\t2020\t2019\n\t(in thousands except per share amounts)\t\t\t\nInterest income:\t\t\t\t\nLoans including fees\t276623\t278932\t843085\t808099\nInvestment securities\t26323\t28928\t79778\t84929\nDividends\t1397\t1289\t4305\t4452\nOther\t500\t6459\t3129\t12144\nTotal interest income\t304843\t315608\t930297\t909624\nInterest expense:\t\t\t\t\nDeposits\t12215\t43354\t59736\t121030\nOther borrowings\t5\t34\t75\t1344\nQualifying debt\t7872\t5785\t17833\t17898\nOther\t13\t13\t495\t913\nTotal interest expense\t20105\t49186\t78139\t141185\nNet interest income\t284738\t266422\t852158\t768439\nProvision for credit losses\t14661\t3803\t157837\t15303\nNet interest income after provision for credit losses\t270077\t262619\t694321\t753136\nNon-interest income:\t\t\t\t\nService charges and fees\t5913\t5888\t17447\t17121\nCard income\t1873\t1729\t4768\t5195\nForeign currency income\t1755\t1321\t4242\t3564\nIncome from bank owned life insurance\t1345\t979\t8977\t2938\nIncome from equity investments\t1186\t3742\t6263\t6619\nLending related income and gains on sale of loans net\t705\t539\t2072\t1343\nGain on sales of investment securities net\t0\t3152\t230\t3152\nFair value gain (loss) adjustments on assets measured at fair value net\t5882\t222\t(986)\t4628\nOther income\t1947\t1869\t3972\t4509\nTotal non-interest income\t20606\t19441\t46985\t49069\nNon-interest expense:\t\t\t\t\nSalaries and employee benefits\t78757\t70978\t220455\t205328\nLegal professional and directors' fees\t10034\t8248\t31105\t26885\nOccupancy\t9426\t8263\t25752\t24251\nData processing\t8864\t7095\t26044\t20563\nDeposit costs\t3246\t11537\t14098\t24930\nInsurance\t3064\t3071\t9506\t8691\nLoan and repossessed asset expenses\t1771\t1953\t5280\t5419\nBusiness development\t950\t1443\t4062\t4972\nMarketing\t848\t842\t2621\t2640\nCard expense\t505\t548\t1631\t1892\nIntangible amortization\t373\t387\t1120\t1161\nNet loss (gain) on sales / valuations of repossessed and other assets\t123\t3379\t(1335)\t2856\nOther expense\t6131\t8408\t19033\t22691\nTotal non-interest expense\t124092\t126152\t359372\t352279\nIncome before provision for income taxes\t166591\t155908\t381934\t449926\nIncome tax expense\t30822\t28533\t68929\t78819\nNet income\t135769\t127375\t313005\t371107\n", "q10k_tbl_4": "\tThree Months Ended September 30\t\tNine Months Ended September 30\t\n\t2020\t2019\t2020\t2019\n\t(in thousands except per share amounts)\t\t\t\nEarnings per share:\t\t\t\t\nBasic\t1.36\t1.25\t3.12\t3.60\nDiluted\t1.36\t1.24\t3.11\t3.59\nWeighted average number of common shares outstanding:\t\t\t\t\nBasic\t99850\t102041\t100322\t103024\nDiluted\t100059\t102451\t100574\t103468\nDividends declared per common share\t0.25\t0.25\t0.75\t0.25\n", "q10k_tbl_5": "\tThree Months Ended September 30\t\tNine Months Ended September 30\t\n\t2020\t2019\t2020\t2019\n\t(in thousands)\t\t\t\nNet income\t135769\t127375\t313005\t371107\nOther comprehensive income net:\t\t\t\t\nUnrealized gain on AFS securities net of tax effect of $(2520) $(3592) $(17310) $(25523) respectively\t7592\t11014\t53176\t78314\nUnrealized (loss) on SERP net of tax effect of $1 $6 $94 $18 respectively\t(3)\t(18)\t(296)\t(53)\nUnrealized (loss) gain on junior subordinated debt net of tax effect of $874 $(196)$ $(285) $2173 respectively\t(2681)\t598\t871\t(6664)\nRealized (gain) on sale of AFS securities included in income net of tax effect of $0 $776 $56 $776 respectively\t0\t(2376)\t(174)\t(2376)\nNet other comprehensive income\t4908\t9218\t53577\t69221\nComprehensive income\t140677\t136593\t366582\t440328\n", "q10k_tbl_6": "\tThree Months Ended September 30\t\t\t\t\t\t\n\tCommon Stock\t\tAdditional Paid in Capital\tTreasury Stock\tAccumulated Other Comprehensive Income (Loss)\tRetained Earnings\tTotal Stockholders' Equity\n\tShares\tAmount\t\t\n\t(in thousands)\t\t\t\t\t\t\nBalance June 30 2019\t103654\t10\t1372037\t(61134)\t26381\t1513970\t2851264\nNet income\t0\t0\t0\t0\t0\t127375\t127375\nExercise of stock options\t1\t0\t19\t0\t0\t0\t19\nRestricted stock performance stock units and other grants net\t17\t0\t6060\t0\t0\t0\t6060\nRestricted stock surrendered (1)\t(33)\t0\t0\t(1531)\t0\t0\t(1531)\nStock repurchase\t(1000)\t0\t(9925)\t0\t0\t(33733)\t(43658)\nDividends paid\t0\t0\t0\t0\t0\t(25684)\t(25684)\nOther comprehensive income net\t0\t0\t0\t0\t9218\t0\t9218\nBalance September 30 2019\t102639\t10\t1368191\t(62665)\t35599\t1581928\t2923063\nBalance June 30 2020\t100849\t10\t1376859\t(70583)\t73677\t1722451\t3102414\nNet income\t0\t0\t0\t0\t0\t135769\t135769\nExercise of stock options\t2\t0\t73\t0\t0\t0\t73\nRestricted stock performance stock unit and other grants net\t(12)\t0\t6605\t0\t0\t0\t6605\nRestricted stock surrendered (1)\t(14)\t0\t0\t(515)\t0\t0\t(515)\nDividends paid\t0\t0\t0\t0\t0\t(25208)\t(25208)\nOther comprehensive income net\t0\t0\t0\t0\t4908\t0\t4908\nBalance September 30 2020\t100825\t10\t1383537\t(71098)\t78585\t1833012\t3224046\n\tNine Months Ended September 30\t\t\t\t\t\t\n\tCommon Stock\t\tAdditional Paid in Capital\tTreasury Stock\tAccumulated Other Comprehensive (Loss) Income\tRetained Earnings\tTotal Stockholders' Equity\n\tShares\tAmount\t\t\n\t(in thousands)\t\t\t\t\t\t\nBalance December 31 2018\t104949\t10\t1417724\t(53083)\t(33622)\t1282705\t2613734\nNet income\t0\t0\t0\t0\t0\t371107\t371107\nExercise of stock options\t2\t0\t55\t0\t0\t0\t55\nRestricted stock performance stock unit and other grants net\t631\t0\t19783\t0\t0\t0\t19783\nRestricted stock surrendered (1)\t(209)\t0\t0\t(9582)\t0\t0\t(9582)\nStock repurchase\t(2734)\t0\t(69371)\t0\t0\t(46200)\t(115571)\nDividends paid\t0\t0\t0\t0\t0\t(25684)\t(25684)\nOther comprehensive income net\t0\t0\t0\t0\t69221\t0\t69221\nBalance September 30 2019\t102639\t10\t1368191\t(62665)\t35599\t1581928\t2923063\nBalance December 31 2019\t102524\t10\t1374141\t(62728)\t25008\t1680317\t3016748\nBalance January 1 2020 (2)\t102524\t10\t1374141\t(62728)\t25008\t1655370\t2991801\nNet income\t0\t0\t0\t0\t0\t313005\t313005\nExercise of stock options\t9\t0\t170\t0\t0\t0\t170\nRestricted stock performance stock units and other grants net\t523\t0\t21560\t0\t0\t0\t21560\nRestricted stock surrendered (1)\t(165)\t0\t0\t(8370)\t0\t0\t(8370)\nStock repurchase\t(2066)\t0\t(12334)\t0\t0\t(59335)\t(71669)\nDividends paid\t0\t0\t0\t0\t0\t(76028)\t(76028)\nOther comprehensive income net\t0\t0\t0\t0\t53577\t0\t53577\nBalance September 30 2020\t100825\t10\t1383537\t(71098)\t78585\t1833012\t3224046\n", "q10k_tbl_7": "\tNine Months Ended September 30\t\n\t2020\t2019\n\t(in thousands)\t\nCash flows from operating activities:\t\t\nNet income\t313005\t371107\nAdjustments to reconcile net income to cash provided by operating activities:\t\t\nProvision for credit losses\t157837\t15303\nDepreciation and amortization\t17122\t14904\nStock-based compensation\t21560\t19783\nDeferred income taxes\t(37414)\t5757\nAmortization of net premiums for investment securities\t19015\t11031\nAmortization of tax credit investments\t34244\t33551\nAmortization of operating lease right of use asset\t8874\t7704\nAmortization of net deferred loan fees and net purchase premiums\t(34085)\t(31838)\nIncome from bank owned life insurance\t(3370)\t(2938)\n(Gains) / Losses on:\t\t\nSales of investment securities\t(230)\t(3152)\nAssets measured at fair value net\t986\t(4628)\nSale of loans\t0\t530\nBOLI\t(5607)\t0\nSales / valuations of repossessed and other assets net\t(1335)\t2856\nChanges in other assets and liabilities net\t(40486)\t94535\nNet cash provided by operating activities\t450116\t534505\nCash flows from investing activities:\t\t\nInvestment securities - AFS\t\t\nPurchases\t(1720604)\t(746445)\nPrincipal pay downs and maturities\t1014380\t453307\nProceeds from sales\t156629\t150377\nInvestment securities - HTM\t\t\nPurchases\t(106772)\t(100460)\nPrincipal pay downs and maturities\t16894\t18206\nProceeds from sales\t0\t10000\nEquity securities carried at fair value\t\t\nPurchases\t(31075)\t(10662)\nRedemption of principal (reinvestment of dividends)\t7003\t4535\nPurchase of investment tax credits\t(103365)\t(88074)\nProceeds from (purchase of) SBIC investments\t1463\t(5298)\nPurchase of money market investments net\t0\t7\nProceeds from bank owned life insurance net\t6011\t0\nPurchase of restricted stock\t(334)\t(244)\nNet increase in loans\t(4806138)\t(2445769)\nPurchase of premises equipment and other assets net\t(33103)\t(15282)\nProceeds from sale of other real estate owned and repossessed assets net\t7073\t628\nNet cash used in investing activities\t(5591938)\t(2775174)\n", "q10k_tbl_8": "\tNine Months Ended September 30\t\n\t2020\t2019\n\t(in thousands)\t\nCash flows from financing activities:\t\t\nNet increase in deposits\t6046903\t3263367\nNet proceeds from issuance of subordinated debt\t221942\t0\nNet increase (decrease) in borrowings\t13013\t(498429)\nProceeds from exercise of common stock options\t170\t55\nCash paid for tax withholding on vested restricted stock\t(8370)\t(9582)\nCommon stock repurchases\t(71669)\t(115571)\nCash dividends paid on common stock\t(76028)\t(25684)\nNet cash provided by financing activities\t6125961\t2614156\nNet increase in cash cash equivalents and restricted cash\t984139\t373487\nCash cash equivalents and restricted cash at beginning of period\t434596\t498572\nCash cash equivalents and restricted cash at end of period\t1418735\t872059\nSupplemental disclosure:\t\t\nCash paid (received) during the period for:\t\t\nInterest\t87134\t144680\nIncome taxes net of refunds\t37069\t(26228)\n", "q10k_tbl_9": "\tJanuary 1 2020\t\t\n\tPre-ASC 326 Adoption\tPost-ASC 326 Adoption\tImpact of ASC 326 Adoption\n\t(in thousands)\t\t\nAssets:\t\t\t\nAllowance for credit losses on HTM securities\t0\t2646\t2646\nAllowance for credit losses on loans\t167797\t186925\t19128\nDeferred tax asset\t18025\t26675\t8650\nLiabilities:\t\t\t\nOff-balance sheet credit exposures\t8955\t24044\t15089\nEquity:\t\t\t\nRetained earnings\t1680317\t1655370\t(24947)\n", "q10k_tbl_10": "\tSeptember 30 2020\t\t\t\n\tAmortized Cost\tGross Unrealized Gains\tGross Unrealized (Losses)\tFair Value\n\t(in thousands)\t\t\t\nHeld-to-maturity\t\t\t\t\nTax-exempt\t504477\t43663\t0\t548140\nAvailable-for-sale debt securities\t\t\t\t\nCDO\t50\t8126\t0\t8176\nCommercial MBS issued by GSEs\t91769\t3888\t0\t95657\nCorporate debt securities\t193798\t1081\t(8270)\t186609\nMunicipal securities\t22006\t271\t(118)\t22159\nPrivate label residential MBS\t1245217\t19874\t(854)\t1264237\nResidential MBS issued by GSEs\t1329773\t32314\t(531)\t1361556\nTax-exempt\t961373\t51117\t(1467)\t1011023\nTrust preferred securities\t32000\t0\t(6792)\t25208\nU.S. treasury securities\t600\t0\t0\t600\nTotal AFS debt securities\t3876586\t116671\t(18032)\t3975225\nEquity securities\t\t\t\t\nCRA investments\t53190\t355\t0\t53545\nPreferred stock\t104974\t3976\t(1934)\t107016\nTotal equity securities\t158164\t4331\t(1934)\t160561\n", "q10k_tbl_11": "\tDecember 31 2019\t\t\t\n\tAmortized Cost\tGross Unrealized Gains\tGross Unrealized (Losses)\tFair Value\n\t(in thousands)\t\t\t\nHeld-to-maturity\t\t\t\t\nTax-exempt\t485107\t31303\t(149)\t516261\nAvailable-for-sale debt securities\t\t\t\t\nCDO\t50\t10092\t0\t10142\nCommercial MBS issued by GSEs\t95062\t366\t(1175)\t94253\nCorporate debt securities\t105015\t112\t(5166)\t99961\nMunicipal securities\t7494\t279\t0\t7773\nPrivate label residential MBS\t1129985\t3572\t(4330)\t1129227\nResidential MBS issued by GSEs\t1406594\t9283\t(3817)\t1412060\nTax-exempt\t530729\t24548\t(422)\t554855\nTrust preferred securities\t32000\t0\t(4960)\t27040\nU.S. government sponsored agency securities\t10000\t0\t0\t10000\nU.S. treasury securities\t999\t0\t0\t999\nTotal AFS debt securities\t3317928\t48252\t(19870)\t3346310\nEquity securities\t\t\t\t\nCRA investments\t52805\t0\t(301)\t52504\nPreferred stock\t82514\t3881\t(198)\t86197\nTotal equity securities\t135319\t3881\t(499)\t138701\n", "q10k_tbl_12": "\tSeptember 30 2020\t\t\t\t\t\n\tLess Than Twelve Months\t\tMore Than Twelve Months\t\tTotal\t\n\tGross Unrealized Losses\tFair Value\tGross Unrealized Losses\tFair Value\tGross Unrealized Losses\tFair Value\n\t(in thousands)\t\t\t\t\t\nAvailable-for-sale debt securities\t\t\t\t\t\t\nCorporate debt securities\t70\t31528\t8200\t91800\t8270\t123328\nMunicipal securities\t118\t9384\t0\t0\t118\t9384\nPrivate label residential MBS\t851\t131620\t3\t2435\t854\t134055\nResidential MBS issued by GSEs\t522\t134180\t9\t1193\t531\t135373\nTax-exempt\t1467\t121031\t0\t0\t1467\t121031\nTrust preferred securities\t0\t0\t6792\t25208\t6792\t25208\nTotal AFS securities\t3028\t427743\t15004\t120636\t18032\t548379\n", "q10k_tbl_13": "\tDecember 31 2019\t\t\t\t\t\n\tLess Than Twelve Months\t\tMore Than Twelve Months\t\tTotal\t\n\tGross Unrealized Losses\tFair Value\tGross Unrealized Losses\tFair Value\tGross Unrealized Losses\tFair Value\n\t(in thousands)\t\t\t\t\t\nHeld-to-maturity\t\t\t\t\t\t\nTax-exempt\t149\t24325\t0\t0\t149\t24325\nAvailable-for-sale debt securities\t\t\t\t\t\t\nCommercial MBS issued by GSEs\t85\t9035\t1090\t54604\t1175\t63639\nCorporate debt securities\t0\t0\t5166\t94834\t5166\t94834\nPrivate label residential MBS\t1776\t337285\t2554\t258791\t4330\t596076\nResidential MBS issued by GSEs\t1740\t385643\t2077\t150419\t3817\t536062\nTax-exempt\t422\t67150\t0\t0\t422\t67150\nTrust preferred securities\t0\t0\t4960\t27040\t4960\t27040\nTotal AFS securities\t4023\t799113\t15847\t585688\t19870\t1384801\n", "q10k_tbl_14": "\tThree Months Ended September 30 2020\t\t\t\t\n\tBalance\tProvision for (Reversal of) Credit Losses\tWriteoffs\t\tRecoveries\t\t\t\tBalance\t\t\n\tJune 30 2020\t\t\tSeptember 30 2020\n\t(in thousands)\t\t\t\t\nHeld-to-maturity debt securities\t\t\t\t\t\t\t\t\t\t\t\nTax-exempt\t7649\t(1685)\t0\t\t0\t\t\t\t5964\t\t\n", "q10k_tbl_15": "\tNine Months Ended September 30 2020\t\t\t\t\n\tBalance\tProvision for (Reversal of) Credit Losses\tWriteoffs\t\tRecoveries\t\t\t\tBalance\t\t\n\tJanuary 1 2020\t\t\tSeptember 30 2020\n\t(in thousands)\t\t\t\t\nHeld-to-maturity debt securities\t\t\t\t\t\t\t\t\t\t\t\nTax-exempt\t2646\t3318\t0\t\t0\t\t\t\t5964\t\t\n", "q10k_tbl_16": "\tSeptember 30 2020\t\t\t\t\t\t\t\n\tAAA\tSplit-rated AAA/AA+\tAA+ to AA-\tA+ to A-\tBBB+ to BBB-\tBB+ and below\tUnrated\tTotals\n\t(in thousands)\t\t\t\t\t\t\t\nHeld-to-maturity\t\t\t\t\t\t\t\t\nTax-exempt\t0\t0\t0\t0\t0\t0\t504477\t504477\nAvailable-for-sale debt securities\t\t\t\t\t\t\t\t\nCDO\t0\t0\t0\t0\t0\t8176\t0\t8176\nCommercial MBS issued by GSEs\t0\t95657\t0\t0\t0\t0\t0\t95657\nCorporate debt securities\t0\t0\t0\t45800\t122579\t18230\t0\t186609\nMunicipal securities\t0\t0\t12143\t0\t2630\t0\t7386\t22159\nPrivate label residential MBS\t1235170\t0\t27682\t91\t347\t947\t0\t1264237\nResidential MBS issued by GSEs\t0\t1361556\t0\t0\t0\t0\t0\t1361556\nTax-exempt\t43328\t56725\t447629\t431459\t0\t0\t31882\t1011023\nTrust preferred securities\t0\t0\t0\t0\t25208\t0\t0\t25208\nU.S. treasury securities\t0\t600\t0\t0\t0\t0\t0\t600\nTotal AFS securities (1)\t1278498\t1514538\t487454\t477350\t150764\t27353\t39268\t3975225\nEquity securities\t\t\t\t\t\t\t\t\nCRA investments\t0\t27795\t0\t0\t0\t0\t25750\t53545\nPreferred stock\t0\t0\t0\t0\t68945\t37135\t936\t107016\nTotal equity securities (1)\t0\t27795\t0\t0\t68945\t37135\t26686\t160561\n", "q10k_tbl_17": "\tDecember 31 2019\t\t\t\t\t\t\t\n\tAAA\tSplit-rated AAA/AA+\tAA+ to AA-\tA+ to A-\tBBB+ to BBB-\tBB+ and below\tUnrated\tTotals\n\t(in thousands)\t\t\t\t\t\t\t\nHeld-to-maturity\t\t\t\t\t\t\t\t\nTax-exempt\t0\t0\t0\t0\t0\t0\t485107\t485107\nAvailable-for-sale debt securities\t\t\t\t\t\t\t\t\nCDO\t0\t0\t0\t0\t0\t10142\t0\t10142\nCommercial MBS issued by GSEs\t0\t94253\t0\t0\t0\t0\t0\t94253\nCorporate debt securities\t0\t0\t0\t66530\t33431\t0\t0\t99961\nMunicipal securities\t0\t0\t0\t0\t0\t0\t7773\t7773\nPrivate label residential MBS\t1096909\t0\t30675\t181\t288\t1174\t0\t1129227\nResidential MBS issued by GSEs\t0\t1412060\t0\t0\t0\t0\t0\t1412060\nTax-exempt\t52610\t2856\t327657\t171732\t0\t0\t0\t554855\nTrust preferred securities\t0\t0\t0\t0\t27040\t0\t0\t27040\nU.S. government sponsored agency securities\t0\t10000\t0\t0\t0\t0\t0\t10000\nU.S. treasury securities\t0\t999\t0\t0\t0\t0\t0\t999\nTotal AFS securities (1)\t1149519\t1520168\t358332\t238443\t60759\t11316\t7773\t3346310\nEquity securities\t\t\t\t\t\t\t\t\nCRA investments\t0\t25375\t0\t0\t0\t0\t27129\t52504\nPreferred stock\t0\t0\t0\t0\t82851\t2105\t1241\t86197\nTotal equity securities (1)\t0\t25375\t0\t0\t82851\t2105\t28370\t138701\n", "q10k_tbl_18": "\tSeptember 30 2020\t\n\tAmortized Cost\tEstimated Fair Value\n\t(in thousands)\t\nHeld-to-maturity\t\t\nDue in one year or less\t7330\t7336\nAfter one year through five years\t17135\t17628\nAfter ten years\t480012\t523176\nTotal HTM securities\t504477\t548140\nAvailable-for-sale\t\t\nDue in one year or less\t600\t600\nAfter one year through five years\t9024\t9047\nAfter five years through ten years\t229899\t223844\nAfter ten years\t970304\t1020284\nMortgage-backed securities\t2666759\t2721450\nTotal AFS securities\t3876586\t3975225\n", "q10k_tbl_19": "\tThree Months Ended September 30\t\tNine Months Ended September 30\t\n\t2020\t2019\t2020\t2019\n\t(in thousands)\t\t\t\nAvailable-for-sale securities\t\t\t\t\nGross gains\t0\t3152\t405\t3152\nGross losses\t0\t0\t(175)\t0\nNet gains (losses) on AFS securities\t0\t3152\t230\t3152\n", "q10k_tbl_20": "\tSeptember 30 2020\n\t(in thousands)\nCommercial and industrial\t\nTech & Innovation\t2277889\nOther commercial and industrial\t5993712\nCRE - owner occupied\t1970163\nCRE - non-owner occupied\t\nHotel Franchise Finance\t1942886\nOther CRE - non-owned occupied\t3433932\nResidential\t2330064\nConstruction and land development\t2267922\nWarehouse lending\t3926852\nMunicipal & nonprofit\t1686690\nOther\t163144\nTotal loans HFI\t25993254\nAllowance for credit losses\t(310560)\nTotal loans HFI net of allowance\t25682694\n", "q10k_tbl_21": "\tDecember 31 2019\n\t(in thousands)\nCommercial and industrial\t9382043\nCommercial real estate - non-owner occupied\t5245634\nCommercial real estate - owner occupied\t2316913\nConstruction and land development\t1952156\nResidential real estate\t2147664\nConsumer\t57083\nLoans net of deferred loan fees and costs\t21101493\nAllowance for credit losses\t(167797)\nTotal loans HFI\t20933696\n", "q10k_tbl_22": "\tSeptember 30 2020\t\t\t\n\tNonaccrual with No Allowance for Credit Loss\tNonaccrual with an Allowance for Credit Loss\tTotal Nonaccrual\tLoans Past Due 90 Days or More and Still Accruing\n\t(in thousands)\t\t\t\nCommercial and industrial\t\t\t\t\nTech & Innovation\t18725\t0\t18725\t0\nOther commercial and industrial\t26997\t4614\t31611\t16866\nCRE - owner occupied\t38567\t0\t38567\t0\nCRE - non-owner occupied\t\t\t\t\nHotel Franchise Finance\t0\t0\t0\t11263\nOther CRE - non-owned occupied\t18404\t10667\t29071\t0\nResidential\t5388\t0\t5388\t0\nConstruction and land development\t0\t192\t192\t0\nWarehouse lending\t0\t0\t0\t0\nMunicipal & nonprofit\t0\t1952\t1952\t0\nOther\t158\t45\t203\t0\nTotal\t108239\t17470\t125709\t28129\n", "q10k_tbl_23": "\tDecember 31 2019\t\t\t\n\t\tNon-accrual loans\t\t\t\t\t\tLoans past due 90 days or more and still accruing\t\t\n\t\t\tCurrent\t\tPast Due/ Delinquent\t\t\t\t\t\tTotal Non-accrual\t\t\t\t\t\n\t\t\t\t(in thousands)\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\nCommercial and industrial\t\t\t\t19080\t\t\t\t5421\t\t\t\t\t\t24501\t\t\t\t\t\t0\t\t\nCommercial real estate\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\nOwner occupied\t\t\t\t4418\t\t\t\t124\t\t\t\t\t\t4542\t\t\t\t\t\t0\t\t\nNon-owner occupied\t\t\t\t7265\t\t\t\t11913\t\t\t\t\t\t19178\t\t\t\t\t\t0\t\t\nMulti-family\t\t\t\t0\t\t\t\t0\t\t\t\t\t\t0\t\t\t\t\t\t0\t\t\nConstruction and land development\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\nConstruction\t\t\t\t2147\t\t\t\t0\t\t\t\t\t\t2147\t\t\t\t\t\t0\t\t\nLand\t\t\t\t0\t\t\t\t0\t\t\t\t\t\t0\t\t\t\t\t\t0\t\t\nResidential real estate\t\t\t\t1231\t\t\t\t4369\t\t\t\t\t\t5600\t\t\t\t\t\t0\t\t\nConsumer\t\t\t\t0\t\t\t\t0\t\t\t\t\t\t0\t\t\t\t\t\t0\t\t\nTotal\t\t\t\t34141\t\t\t\t21827\t\t\t\t\t\t55968\t\t\t\t\t\t0\t\t\n", "q10k_tbl_24": "\tSeptember 30 2020\t\t\t\t\t\n\tCurrent\t30-59 Days Past Due\t60-89 Days Past Due\tOver 90 days Past Due\tTotal Past Due\tTotal\n\t(in thousands)\t\t\t\t\t\nCommercial and industrial\t\t\t\t\t\t\nTech & Innovation\t2277889\t0\t0\t0\t0\t2277889\nOther commercial and industrial\t5969739\t4617\t2490\t16866\t23973\t5993712\nCRE - owner occupied\t1970163\t0\t0\t0\t0\t1970163\nCRE - non-owner occupied\t\t\t\t\t\t\nHotel Franchise Finance\t1931623\t0\t0\t11263\t11263\t1942886\nOther CRE - non-owned occupied\t3433932\t0\t0\t0\t0\t3433932\nResidential\t2319530\t10325\t209\t0\t10534\t2330064\nConstruction and land development\t2261348\t6574\t0\t0\t6574\t2267922\nWarehouse lending\t3926852\t0\t0\t0\t0\t3926852\nMunicipal & nonprofit\t1686690\t0\t0\t0\t0\t1686690\nOther\t163101\t38\t5\t0\t43\t163144\nTotal loans\t25940867\t21554\t2704\t28129\t52387\t25993254\n", "q10k_tbl_25": "\tDecember 31 2019\t\t\t\t\t\n\tCurrent\t30-59 Days Past Due\t60-89 Days Past Due\tOver 90 days Past Due\tTotal Past Due\tTotal\n\t(in thousands)\t\t\t\t\t\nCommercial and industrial\t9376377\t2501\t637\t2528\t5666\t9382043\nCommercial real estate\t\t\t\t\t\t\nOwner occupied\t2316165\t624\t0\t124\t748\t2316913\nNon-owner occupied\t5007644\t4661\t0\t11913\t16574\t5024218\nMulti-family\t221416\t0\t0\t0\t0\t221416\nConstruction and land development\t\t\t\t\t\t\nConstruction\t1176908\t0\t0\t0\t0\t1176908\nLand\t775248\t0\t0\t0\t0\t775248\nResidential real estate\t2134346\t7627\t1721\t3970\t13318\t2147664\nConsumer\t57083\t0\t0\t0\t0\t57083\nTotal loans\t21065187\t15413\t2358\t18535\t36306\t21101493\n", "q10k_tbl_26": "\tTerm Loan Amortized Cost Basis by Origination Year\t\t\t\t\t\tRevolving Loans Amortized Cost Basis\tTotal\nSeptember 30 2020\t2020\t2019\t2018\t2017\t2016\tPrior\t\n\t(in thousands)\t\t\t\t\t\t\t\nTech & Innovation\t\t\t\t\t\t\t\t\nPass\t524508\t315900\t132566\t1459\t1898\t0\t1236377\t2212708\nSpecial mention\t3499\t8957\t2651\t0\t0\t0\t0\t15107\nSubstandard\t32412\t2006\t0\t0\t0\t0\t15656\t50074\nDoubtful\t0\t0\t0\t0\t0\t0\t0\t0\nLoss\t0\t0\t0\t0\t0\t0\t0\t0\nTotal\t560419\t326863\t135217\t1459\t1898\t0\t1252033\t2277889\nOther commercial and industrial\t\t\t\t\t\t\t\t\nPass\t2067599\t920820\t469602\t289894\t113199\t123061\t1735701\t5719876\nSpecial mention\t129\t51516\t32172\t36017\t6130\t15885\t43378\t185227\nSubstandard\t18169\t8420\t3465\t31349\t9876\t1001\t16102\t88382\nDoubtful\t0\t0\t0\t177\t0\t0\t0\t177\nLoss\t0\t50\t0\t0\t0\t0\t0\t50\nTotal\t2085897\t980806\t505239\t357437\t129205\t139947\t1795181\t5993712\nCRE - owner occupied\t\t\t\t\t\t\t\t\nPass\t173784\t327618\t322396\t423987\t167304\t376175\t74887\t1866151\nSpecial mention\t877\t11412\t4411\t17306\t3309\t10658\t0\t47973\nSubstandard\t2237\t7573\t4926\t10483\t6311\t22460\t2049\t56039\nDoubtful\t0\t0\t0\t0\t0\t0\t0\t0\nLoss\t0\t0\t0\t0\t0\t0\t0\t0\nTotal\t176898\t346603\t331733\t451776\t176924\t409293\t76936\t1970163\nHotel Franchise Finance\t\t\t\t\t\t\t\t\nPass\t156816\t754537\t464842\t140424\t0\t96306\t162567\t1775492\nSpecial mention\t0\t32643\t55798\t27389\t0\t23914\t0\t139744\nSubstandard\t0\t0\t0\t12774\t2129\t12747\t0\t27650\nDoubtful\t0\t0\t0\t0\t0\t0\t0\t0\nLoss\t0\t0\t0\t0\t0\t0\t0\t0\nTotal\t156816\t787180\t520640\t180587\t2129\t132967\t162567\t1942886\nOther CRE - non-owned occupied\t\t\t\t\t\t\t\t\nPass\t648330\t961315\t663375\t431032\t182475\t232800\t211671\t3330998\nSpecial mention\t0\t13217\t7031\t5458\t4257\t7288\t0\t37251\nSubstandard\t8350\t26454\t0\t12432\t6652\t11795\t0\t65683\nDoubtful\t0\t0\t0\t0\t0\t0\t0\t0\nLoss\t0\t0\t0\t0\t0\t0\t0\t0\nTotal\t656680\t1000986\t670406\t448922\t193384\t251883\t211671\t3433932\n", "q10k_tbl_27": "\tTerm Loan Amortized Cost Basis by Origination Year\t\t\t\t\t\tRevolving Loans Amortized Cost Basis\tTotal\nSeptember 30 2020\t2020\t2019\t2018\t2017\t2016\tPrior\t\n\t(in thousands)\t\t\t\t\t\t\t\nResidential\t\t\t\t\t\t\t\t\nPass\t524852\t1018264\t472941\t121970\t91138\t50087\t45392\t2324644\nSpecial mention\t0\t0\t0\t0\t0\t0\t0\t0\nSubstandard\t0\t2169\t1327\t1134\t15\t517\t258\t5420\nDoubtful\t0\t0\t0\t0\t0\t0\t0\t0\nLoss\t0\t0\t0\t0\t0\t0\t0\t0\nTotal\t524852\t1020433\t474268\t123104\t91153\t50604\t45650\t2330064\nConstruction and land development\t\t\t\t\t\t\t\t\nPass\t492218\t777114\t422749\t21028\t1403\t14953\t496079\t2225544\nSpecial mention\t1463\t0\t36476\t0\t0\t0\t4247\t42186\nSubstandard\t0\t0\t192\t0\t0\t0\t0\t192\nDoubtful\t0\t0\t0\t0\t0\t0\t0\t0\nLoss\t0\t0\t0\t0\t0\t0\t0\t0\nTotal\t493681\t777114\t459417\t21028\t1403\t14953\t500326\t2267922\nWarehouse lending\t\t\t\t\t\t\t\t\nPass\t155588\t48455\t990\t1640\t78\t0\t3720101\t3926852\nSpecial mention\t0\t0\t0\t0\t0\t0\t0\t0\nSubstandard\t0\t0\t0\t0\t0\t0\t0\t0\nDoubtful\t0\t0\t0\t0\t0\t0\t0\t0\nLoss\t0\t0\t0\t0\t0\t0\t0\t0\nTotal\t155588\t48455\t990\t1640\t78\t0\t3720101\t3926852\nMunicipal & nonprofit\t\t\t\t\t\t\t\t\nPass\t137047\t170963\t76133\t232816\t129957\t927762\t3535\t1678213\nSpecial mention\t0\t4194\t2331\t0\t0\t0\t0\t6525\nSubstandard\t0\t0\t0\t1952\t0\t0\t0\t1952\nDoubtful\t0\t0\t0\t0\t0\t0\t0\t0\nLoss\t0\t0\t0\t0\t0\t0\t0\t0\nTotal\t137047\t175157\t78464\t234768\t129957\t927762\t3535\t1686690\nOther\t\t\t\t\t\t\t\t\nPass\t17738\t16175\t14671\t6909\t2177\t71880\t30133\t159683\nSpecial mention\t961\t0\t97\t1691\t0\t42\t35\t2826\nSubstandard\t0\t135\t189\t0\t97\t196\t18\t635\nDoubtful\t0\t0\t0\t0\t0\t0\t0\t0\nLoss\t0\t0\t0\t0\t0\t0\t0\t0\nTotal\t18699\t16310\t14957\t8600\t2274\t72118\t30186\t163144\nTotal by Risk Category\t\t\t\t\t\t\t\t\nPass\t4898480\t5311161\t3040265\t1671159\t689629\t1893024\t7716443\t25220161\nSpecial mention\t6929\t121939\t140967\t87861\t13696\t57787\t47660\t476839\nSubstandard\t61168\t46757\t10099\t70124\t25080\t48716\t34083\t296027\nDoubtful\t0\t0\t0\t177\t0\t0\t0\t177\nLoss\t0\t50\t0\t0\t0\t0\t0\t50\nTotal\t4966577\t5479907\t3191331\t1829321\t728405\t1999527\t7798186\t25993254\n", "q10k_tbl_28": "\tDecember 31 2019\t\t\t\t\t\n\tPass\tSpecial Mention\tSubstandard\tDoubtful\tLoss\tTotal\n\t(in thousands)\t\t\t\t\t\nCommercial and industrial\t9265823\t65893\t49878\t449\t0\t9382043\nCommercial real estate\t\t\t\t\t\t\nOwner occupied\t2265566\t9579\t41768\t0\t0\t2316913\nNon-owner occupied\t4913007\t64161\t47050\t0\t0\t5024218\nMulti-family\t221416\t0\t0\t0\t0\t221416\nConstruction and land development\t\t\t\t\t\t\nConstruction\t1157169\t17592\t2147\t0\t0\t1176908\nLand\t773868\t1380\t0\t0\t0\t775248\nResidential real estate\t2141336\t366\t5962\t0\t0\t2147664\nConsumer\t57073\t10\t0\t0\t0\t57083\nTotal\t20795258\t158981\t146805\t449\t0\t21101493\n", "q10k_tbl_29": "\tDecember 31 2019\t\t\t\t\t\n\tPass\tSpecial Mention\tSubstandard\tDoubtful\tLoss\tTotal\n\t(in thousands)\t\t\t\t\t\nCurrent (up to 29 days past due)\t20785118\t158907\t120897\t265\t0\t21065187\nPast due 30 - 59 days\t8263\t58\t7092\t0\t0\t15413\nPast due 60 - 89 days\t1481\t16\t861\t0\t0\t2358\nPast due 90 days or more\t396\t0\t17955\t184\t0\t18535\nTotal\t20795258\t158981\t146805\t449\t0\t21101493\n", "q10k_tbl_30": "\tSeptember 30 2020\t\n\tNumber of Loans\tRecorded Investment\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t(dollars in thousands)\t\nCommercial and industrial\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\nTech & Innovation\t3\t12111\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\nOther commercial and industrial\t16\t30270\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\nCRE - owner occupied\t3\t2335\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\nCRE - non-owner occupied\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\nHotel Franchise Finance\t2\t5746\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\nOther CRE - non-owned occupied\t3\t10295\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\nTotal\t27\t60757\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n", "q10k_tbl_31": "\tSeptember 30 2020\t\t\n\tReal Estate Collateral\tOther Collateral\tTotal\n\t(in thousands)\t\t\nCommercial and industrial\t\t\t\nTech & Innovation\t0\t49921\t49921\nOther commercial and industrial\t0\t70407\t70407\nCRE - owner occupied\t44213\t0\t44213\nCRE - non-owner occupied\t\t\t\nHotel Franchise Finance\t27649\t0\t27649\nOther CRE - non-owned occupied\t61403\t0\t61403\nResidential\t758\t0\t758\nConstruction and land development\t0\t0\t0\nWarehouse lending\t0\t0\t0\nMunicipal & nonprofit\t0\t0\t0\nOther\t0\t429\t429\nTotal\t134023\t120757\t254780\n", "q10k_tbl_32": "\tThree Months Ended September 30 2020\t\t\t\t\n\tBalance\tProvision for (Reversal of) Credit Losses\tWriteoffs\t\tRecoveries\t\t\t\tBalance\t\t\n\tJune 30 2020\t\t\tSeptember 30 2020\n\t(1)\t\t\t(1)\n\t(in thousands)\t\t\t\t\nCommercial and industrial\t\t\t\t\t\t\t\t\t\t\t\nTech & Innovation\t54559\t(9359)\t6364\t\t0\t\t\t\t38836\t\t\nOther commercial and industrial\t109930\t(621)\t748\t\t(192)\t\t\t\t108753\t\t\nCRE - owner occupied\t15587\t3897\t83\t\t(5)\t\t\t\t19406\t\t\nCRE - non-owner occupied\t\t\t\t\t\t\t\t\t\t\t\nHotel Franchise Finance\t35864\t2163\t0\t\t0\t\t\t\t38027\t\t\nOther CRE - non-owned occupied\t32672\t9196\t1246\t\t0\t\t\t\t40622\t\t\nResidential\t1725\t16\t307\t\t(355)\t\t\t\t1789\t\t\nConstruction and land development\t35792\t2983\t0\t\t(6)\t\t\t\t38781\t\t\nWarehouse lending\t743\t95\t0\t\t0\t\t\t\t838\t\t\nMunicipal & nonprofit\t17128\t768\t0\t\t0\t\t\t\t17896\t\t\nOther\t6550\t(934)\t25\t\t(21)\t\t\t\t5612\t\t\nTotal\t310550\t8204\t8773\t\t(579)\t\t\t\t310560\t\t\n", "q10k_tbl_33": "\tNine Months Ended September 30 2020\t\t\t\t\n\tBalance\tProvision for (Reversal of) Credit Losses\tWriteoffs\t\tRecoveries\t\t\t\tBalance\t\t\n\tJanuary 1 2020\t\t\tSeptember 30 2020\n\t(1)\t\t\t(1)\n\t(in thousands)\t\t\t\t\nCommercial and industrial\t\t\t\t\t\t\t\t\t\t\t\nTech & Innovation\t22394\t25556\t9114\t\t0\t\t\t\t38836\t\t\nOther commercial and industrial\t95784\t13653\t2684\t\t(2000)\t\t\t\t108753\t\t\nCRE - owner occupied\t10420\t9100\t126\t\t(12)\t\t\t\t19406\t\t\nCRE - non-owner occupied\t\t\t\t\t\t\t\t\t\t\t\nHotel Franchise Finance\t14104\t23923\t0\t\t0\t\t\t\t38027\t\t\nOther CRE - non-owned occupied\t10503\t30684\t2131\t\t(1566)\t\t\t\t40622\t\t\nResidential\t3814\t(2103)\t307\t\t(385)\t\t\t\t1789\t\t\nConstruction and land development\t6218\t32540\t0\t\t(23)\t\t\t\t38781\t\t\nWarehouse lending\t246\t592\t0\t\t0\t\t\t\t838\t\t\nMunicipal & nonprofit\t17397\t499\t0\t\t0\t\t\t\t17896\t\t\nOther\t6045\t(314)\t231\t\t(112)\t\t\t\t5612\t\t\nTotal\t186925\t134130\t14593\t\t(4098)\t\t\t\t310560\t\t\n", "q10k_tbl_34": "\tThree Months Ended September 30 2019\t\t\t\t\n\tJune 30 2019\tCharge-offs\tRecoveries\tProvision for (Reversal of) Credit Losses\tSeptember 30 2019\n\t(in thousands)\t\t\t\t\nConstruction and land development\t26091\t0\t(17)\t1210\t27318\nCommercial real estate\t41258\t139\t(8)\t4817\t45944\nResidential real estate\t12606\t9\t(131)\t804\t13532\nCommercial and industrial\t79635\t1950\t(2549)\t(2815)\t77419\nConsumer\t819\t1\t(6)\t(16)\t808\nTotal\t160409\t2099\t(2711)\t4000\t165021\n", "q10k_tbl_35": "\tNine Months Ended September 30 2019\t\t\t\t\n\tDecember 31 2018\tCharge-offs\tRecoveries\tProvision for (Reversal of) Credit Losses\tSeptember 30 2019\n\t(in thousands)\t\t\t\t\nConstruction and land development\t22513\t141\t(81)\t4865\t27318\nCommercial real estate\t34829\t139\t(900)\t10354\t45944\nResidential real estate\t11276\t594\t(251)\t2599\t13532\nCommercial and industrial\t83118\t6092\t(3521)\t(3128)\t77419\nConsumer\t981\t2\t(19)\t(190)\t808\nTotal\t152717\t6968\t(4772)\t14500\t165021\n", "q10k_tbl_36": "\tSeptember 30 2020\t\t\t\t\t\n\tLoans\t\t\tAllowance\t\t\n\tCollectively Evaluated for Credit Loss\tIndividually Evaluated for Credit Loss\tTotal\tCollectively Evaluated for Credit Loss\tIndividually Evaluated for Credit Loss\tTotal\n\t(in thousands)\t\t\t\t\t\nCommercial and industrial\t\t\t\t\t\t\nTech & Innovation\t2227995\t49894\t2277889\t38836\t0\t38836\nOther commercial and industrial\t5906731\t86981\t5993712\t102011\t6742\t108753\nCRE - owner occupied\t1912127\t58036\t1970163\t19406\t0\t19406\nCRE - non-owner occupied\t\t\t\t\t\t\nHotel Franchise Finance\t1885451\t57435\t1942886\t35312\t2715\t38027\nOther CRE - non-owned occupied\t3355259\t78673\t3433932\t40518\t104\t40622\nResidential\t2324676\t5388\t2330064\t1789\t0\t1789\nConstruction and land development\t2267922\t0\t2267922\t38781\t0\t38781\nWarehouse lending\t3926852\t0\t3926852\t838\t0\t838\nMunicipal & nonprofit\t1684738\t1952\t1686690\t17454\t442\t17896\nOther\t162518\t626\t163144\t5569\t43\t5612\nTotal\t25654269\t338985\t25993254\t300514\t10046\t310560\n", "q10k_tbl_37": "\tCommercial Real Estate-Owner Occupied\tCommercial Real Estate-Non-Owner Occupied\tCommercial and Industrial\tResidential Real Estate\tConstruction and Land Development\tConsumer\tTotal Loans\n\t(in thousands)\t\t\t\t\t\t\nLoans as of December 31 2019:\t\t\t\t\t\t\t\nRecorded Investment\t\t\t\t\t\t\t\nImpaired loans with an allowance recorded\t0\t11913\t6919\t0\t2147\t0\t20979\nImpaired loans with no allowance recorded\t17736\t23625\t42065\t5600\t6274\t24\t95324\nTotal loans individually evaluated for impairment\t17736\t35538\t48984\t5600\t8421\t24\t116303\nLoans collectively evaluated for impairment\t2296342\t5159921\t9333059\t2142045\t1943735\t57059\t20932161\nLoans acquired with deteriorated credit quality\t2835\t50175\t0\t19\t0\t0\t53029\nTotal recorded investment\t2316913\t5245634\t9382043\t2147664\t1952156\t57083\t21101493\nUnpaid Principal Balance\t\t\t\t\t\t\t\nImpaired loans with an allowance recorded\t0\t11949\t9844\t0\t2262\t0\t24055\nImpaired loans with no allowance recorded\t18681\t24738\t43848\t5708\t6413\t52\t99440\nTotal loans individually evaluated for impairment\t18681\t36687\t53692\t5708\t8675\t52\t123495\nLoans collectively evaluated for impairment\t2297168\t5177477\t9312100\t2113893\t1963116\t57383\t20921137\nLoans acquired with deteriorated credit quality\t3577\t60191\t0\t72\t0\t0\t63840\nTotal unpaid principal balance\t2319426\t5274355\t9365792\t2119673\t1971791\t57435\t21108472\nRelated Allowance for Credit Losses\t\t\t\t\t\t\t\nImpaired loans with an allowance recorded\t0\t1219\t1050\t0\t507\t0\t2776\nImpaired loans with no allowance recorded\t0\t0\t0\t0\t0\t0\t0\nTotal loans individually evaluated for impairment\t0\t1219\t1050\t0\t507\t0\t2776\nLoans collectively evaluated for impairment\t13842\t32114\t81252\t13714\t23387\t614\t164923\nLoans acquired with deteriorated credit quality\t0\t98\t0\t0\t0\t0\t98\nTotal allowance for credit losses\t13842\t33431\t82302\t13714\t23894\t614\t167797\n", "q10k_tbl_38": "\tThree\tNine\n\tMonths Ended\tMonths Ended\n\tSeptember 30 2020\tSeptember 30 2020\n\t(in thousands)\nCommercial and industrial\t271085\t663171\nResidential\t243311\t919509\nWarehouse lending\t0\t99446\nMunicipal & nonprofit\t0\t1594\nTotal\t514396\t1683720\n", "q10k_tbl_39": "\tThree Months Ended September 30 2019\t\tNine Months Ended September 30 2019\t\n\tPurchases\tSales\tPurchases\tSales\n\t(in thousands)\t\t(in thousands)\t\nCommercial and industrial\t260621\t14238\t787286\t49068\nCommercial real estate - non-owner occupied\t19177\t0\t49211\t0\nConstruction and land development\t608\t0\t34490\t0\nResidential real estate\t428665\t0\t959190\t0\nTotal\t709071\t14238\t1830177\t49068\n", "q10k_tbl_40": "\tSeptember 30 2020\tDecember 31 2019\n\t(in thousands)\t\nShort-Term:\t\t\nFederal funds purchased\t0\t0\nFHLB advances\t10000\t0\nTotal short-term borrowings\t10000\t0\n", "q10k_tbl_41": "\tThree Months Ended September 30\t\t\t\t\n\tUnrealized holding gains (losses) on AFS\tUnrealized holding gains (losses) on SERP\tUnrealized holding gains (losses) on junior subordinated debt\tImpairment loss on securities\tTotal\n\t(in thousands)\t\t\t\t\nBalance June 30 2020\t66809\t(313)\t7181\t0\t73677\nOther comprehensive income (loss) before reclassifications\t7592\t(3)\t(2681)\t0\t4908\nAmounts reclassified from AOCI\t0\t0\t0\t0\t0\nNet current-period other comprehensive income (loss)\t7592\t(3)\t(2681)\t0\t4908\nBalance September 30 2020\t74401\t(316)\t4500\t0\t78585\nBalance June 30 2019\t19709\t357\t6171\t144\t26381\nOther comprehensive income (loss) before reclassifications\t11014\t(18)\t598\t0\t11594\nAmounts reclassified from AOCI\t(2232)\t0\t0\t(144)\t(2376)\nNet current-period other comprehensive income (loss)\t8782\t(18)\t598\t(144)\t9218\nBalance September 30 2019\t28491\t339\t6769\t0\t35599\n\tNine Months Ended September 30\t\t\t\t\n\tUnrealized holding gains (losses) on AFS\tUnrealized holding gains (losses) on SERP\tUnrealized holding gains (losses) on junior subordinated debt\tImpairment loss on securities\tTotal\n\t(in thousands)\t\t\t\t\nBalance December 31 2019\t21399\t(20)\t3629\t0\t25008\nOther comprehensive income (loss) before reclassifications\t53176\t(296)\t871\t0\t53751\nAmounts reclassified from AOCI\t(174)\t0\t0\t0\t(174)\nNet current-period other comprehensive income (loss)\t53002\t(296)\t871\t0\t53577\nBalance September 30 2020\t74401\t(316)\t4500\t0\t78585\nBalance December 31 2018\t(47591)\t392\t13433\t144\t(33622)\nOther comprehensive income (loss) before reclassifications\t78314\t(53)\t(6664)\t0\t71597\nAmounts reclassified from AOCI\t(2232)\t0\t0\t(144)\t(2376)\nNet current-period other comprehensive income (loss)\t76082\t(53)\t(6664)\t(144)\t69221\nBalance September 30 2019\t28491\t339\t6769\t0\t35599\n", "q10k_tbl_42": "\tThree Months Ended September 30\t\tNine Months Ended September 30\t\nIncome Statement Classification\t2020\t2019\t2020\t2019\n\t(in thousands)\t\t\t\nGain (loss) on sales of investment securities net\t0\t3152\t230\t3152\nIncome tax (expense) benefit\t0\t(776)\t(56)\t(776)\nNet of tax\t0\t2376\t174\t2376\n", "q10k_tbl_43": "\tSeptember 30 2020\t\tDecember 31 2019\t\n\tCarrying Value of Hedged Assets/(Liabilities)\tCumulative Fair Value Hedging Adjustment (1)\tCarrying Value of Hedged Assets/(Liabilities)\tCumulative Fair Value Hedging Adjustment (1)\n\t(in thousands)\t\t\t\nLoans - HFI net of deferred loan fees and costs\t596505\t92352\t578063\t53292\nQualifying debt\t(323386)\t(3417)\t(319197)\t401\n", "q10k_tbl_44": "\tSeptember 30 2020\t\t\tDecember 31 2019\t\t\tSeptember 30 2019\t\t\n\t\tFair Value\t\t\tFair Value\t\t\tFair Value\t\n\tNotional Amount\tDerivative Assets\tDerivative Liabilities\tNotional Amount\tDerivative Assets\tDerivative Liabilities\tNotional Amount\tDerivative Assets\tDerivative Liabilities\n\t(in thousands)\t\t\t\t\t\t\t\t\nDerivatives designated as hedging instruments:\t\t\t\t\t\t\t\t\t\nFair value hedges\t\t\t\t\t\t\t\t\t\nInterest rate swaps\t692348\t3417\t92352\t862952\t1778\t55471\t865321\t0\t63970\nTotal\t692348\t3417\t92352\t862952\t1778\t55471\t865321\t0\t63970\nNetting adjustments (1)\t0\t0\t0\t0\t21\t21\t0\t0\t0\nNet\t692348\t3417\t92352\t862952\t1757\t55450\t865321\t0\t63970\nDerivatives not designated as hedging instruments:\t\t\t\t\t\t\t\t\t\nForeign currency contracts\t38922\t460\t401\t6711\t44\t18\t15329\t191\t127\nInterest rate swaps\t3517\t242\t242\t2932\t81\t81\t2932\t124\t124\nTotal\t42439\t702\t643\t9643\t125\t99\t18261\t315\t251\n", "q10k_tbl_45": "\tSeptember 30 2020\tDecember 31 2019\tSeptember 30 2019\n\t(in thousands)\t\t\nLargest gross exposure (derivative asset) to an individual counterparty\t3417\t1757\t0\nCollateral posted by this counterparty\t0\t1610\t0\nDerivative liability with this counterparty\t0\t0\t0\nCollateral pledged to this counterparty\t0\t0\t0\nNet exposure after netting adjustments and collateral\t3417\t147\t0\n", "q10k_tbl_46": "\tThree Months Ended September 30\t\tNine Months Ended September 30\t\n\t2020\t2019\t2020\t2019\n\t(in thousands except per share amounts)\t\t\t\nWeighted average shares - basic\t99850\t102041\t100322\t103024\nDilutive effect of stock awards\t209\t410\t252\t444\nWeighted average shares - diluted\t100059\t102451\t100574\t103468\nNet income\t135769\t127375\t313005\t371107\nEarnings per share - basic\t1.36\t1.25\t3.12\t3.60\nEarnings per share - diluted\t1.36\t1.24\t3.11\t3.59\n", "q10k_tbl_47": "\tSeptember 30 2020\tDecember 31 2019\n\t(in thousands)\t\nCommitments to extend credit including unsecured loan commitments of $1046504 at September 30 2020 and $895175 at December 31 2019\t8379196\t8348421\nCredit card commitments and financial guarantees\t283703\t302909\nLetters of credit including unsecured letters of credit of $9513 at September 30 2020 and $5850 at December 31 2019\t156170\t175778\nTotal\t8819069\t8827108\n", "q10k_tbl_48": "\tThree Months Ended September 30\t\tNine Months Ended September 30\t\n\t2020\t2019\t2020\t2019\n\t(in thousands)\t\t\t\nUnrealized (losses)/gains\t(3555)\t794\t1156\t(8837)\nChanges included in OCI net of tax\t(2681)\t598\t871\t(6664)\n", "q10k_tbl_49": "\tFair Value Measurements at the End of the Reporting Period Using:\t\t\t\n\tQuoted Prices in Active Markets for Identical Assets (Level 1)\tSignificant Other Observable Inputs (Level 2)\tSignificant Unobservable Inputs (Level 3)\tFair Value\n\t(in thousands)\t\t\t\nSeptember 30 2020\t\t\t\t\nAssets:\t\t\t\t\nAvailable-for-sale debt securities\t\t\t\t\nCDO\t0\t8176\t0\t8176\nCommercial MBS issued by GSEs\t0\t95657\t0\t95657\nCorporate debt securities\t0\t186609\t0\t186609\nMunicipal securities\t0\t22159\t0\t22159\nPrivate label residential MBS\t0\t1264237\t0\t1264237\nResidential MBS issued by GSEs\t0\t1361556\t0\t1361556\nTax-exempt\t0\t1011023\t0\t1011023\nTrust preferred securities\t25208\t0\t0\t25208\nU.S. treasury securities\t0\t600\t0\t600\nTotal AFS debt securities\t25208\t3950017\t0\t3975225\nEquity securities\t\t\t\t\nCRA investments\t27795\t25750\t0\t53545\nPreferred stock\t107016\t0\t0\t107016\nTotal equity securities\t134811\t25750\t0\t160561\nLoans - HFS\t0\t20764\t0\t20764\nDerivative assets (1)\t0\t4119\t0\t4119\nLiabilities:\t\t\t\t\nJunior subordinated debt (2)\t0\t0\t60529\t60529\nDerivative liabilities (1)\t0\t92995\t0\t92995\n", "q10k_tbl_50": "\tFair Value Measurements at the End of the Reporting Period Using:\t\t\t\n\tQuoted Prices in Active Markets for Identical Assets (Level 1)\tSignificant Other Observable Inputs (Level 2)\tSignificant Unobservable Inputs (Level 3)\tFair Value\n\t(in thousands)\t\t\t\nDecember 31 2019\t\t\t\t\nAssets:\t\t\t\t\nAvailable-for-sale debt securities\t\t\t\t\nCDO\t0\t10142\t0\t10142\nCommercial MBS issued by GSEs\t0\t94253\t0\t94253\nCorporate debt securities\t5127\t94834\t0\t99961\nMunicipal securities\t0\t7773\t0\t7773\nPrivate label residential MBS\t0\t1129227\t0\t1129227\nResidential MBS issued by GSEs\t0\t1412060\t0\t1412060\nTax-exempt\t0\t554855\t0\t554855\nTrust preferred securities\t27040\t0\t0\t27040\nU.S. government sponsored agency securities\t0\t10000\t0\t10000\nU.S. treasury securities\t0\t999\t0\t999\nTotal AFS debt securities\t32167\t3314143\t0\t3346310\nEquity securities\t\t\t\t\nCRA investments\t52504\t0\t0\t52504\nPreferred stock\t86197\t0\t0\t86197\nTotal equity securities\t138701\t0\t0\t138701\nLoans - HFS\t0\t21803\t0\t21803\nDerivative assets (1)\t0\t1903\t0\t1903\nLiabilities:\t\t\t\t\nJunior subordinated debt (2)\t0\t0\t61685\t61685\nDerivative liabilities (1)\t0\t55570\t0\t55570\n", "q10k_tbl_51": "\tJunior Subordinated Debt\t\t\t\n\tThree Months Ended September 30\t\tNine Months Ended September 30\t\n\t2020\t2019\t2020\t2019\n\t(in thousands)\t\t\t\nBeginning balance\t(56974)\t(58315)\t(61685)\t(48684)\nChange in fair value (1)\t(3555)\t794\t1156\t(8837)\nEnding balance\t(60529)\t(57521)\t(60529)\t(57521)\n", "q10k_tbl_52": "\tFair Value Measurements at the End of the Reporting Period Using\t\t\t\n\tTotal\tQuoted Prices in Active Markets for Identical Assets (Level 1)\tActive Markets for Similar Assets (Level 2)\tUnobservable Inputs (Level 3)\n\t(in thousands)\t\t\t\nAs of September 30 2020:\t\t\t\t\nLoans\t245219\t0\t0\t245219\nOther assets acquired through foreclosure\t8591\t0\t0\t8591\nAs of December 31 2019:\t\t\t\t\nLoans\t110272\t0\t0\t110272\nOther assets acquired through foreclosure\t13850\t0\t0\t13850\n", "q10k_tbl_53": "\tSeptember 30 2020\tValuation Technique(s)\t\tSignificant Unobservable Inputs\tRange\n\t(in thousands)\t\t\t\t\nLoans\t245219\tCollateral method\tThird party appraisal\tCosts to sell\t4.0% to 10.0%\n\tDiscounted cash flow method\tDiscount rate\tContractual loan rate\t4.0% to 7.0%\nOther assets acquired through foreclosure\t8591\tCollateral method\tThird party appraisal\tCosts to sell\t4.0% to 10.0%\n", "q10k_tbl_54": "\tDecember 31 2019\t\tValuation Technique(s)\t\t\t\tSignificant Unobservable Inputs\tRange\n\t(in thousands)\t\t\t\t\t\t\t\nLoans\t110272\t\tCollateral method\t\tThird party appraisal\t\tCosts to sell\t4.0% to 10.0%\n\tDiscounted cash flow method\t\tDiscount rate\t\tContractual loan rate\t\t4.0% to 7.0%\n\t\tScheduled cash collections\t\tProbability of default\t\t0% to 20.0%\n\t\tProceeds from non-real estate collateral\t\tLoss given default\t\t0% to 70.0%\nOther assets acquired through foreclosure\t13850\t\tCollateral method\t\tThird party appraisal\t\tCosts to sell\t4.0% to 10.0%\n", "q10k_tbl_55": "\tSeptember 30 2020\t\t\t\t\t\t\t\t\n\tCarrying Amount\t\tFair Value\t\t\t\t\t\t\n\t\tLevel 1\t\tLevel 2\t\tLevel 3\t\tTotal\n\t(in thousands)\t\t\t\t\t\t\t\t\nFinancial assets:\t\t\t\t\t\t\t\t\t\nInvestment securities:\t\t\t\t\t\t\t\t\t\nHTM\t504477\t\t0\t\t548140\t\t0\t\t548140\nAFS\t3975225\t\t25208\t\t3950017\t\t0\t\t3975225\nEquity\t160561\t\t134811\t\t25750\t\t0\t\t160561\nDerivative assets\t4119\t\t0\t\t4119\t\t0\t\t4119\nLoans net\t25703458\t\t0\t\t0\t\t26107177\t\t26107177\nAccrued interest receivable\t140827\t\t0\t\t140827\t\t0\t\t140827\nFinancial liabilities:\t\t\t\t\t\t\t\t\t\nDeposits\t28843396\t\t0\t\t28850576\t\t0\t\t28850576\nCustomer repurchase agreements\t19688\t\t0\t\t19688\t\t0\t\t19688\nQualifying debt\t618772\t\t0\t\t566308\t\t72628\t\t638936\nDerivative liabilities\t92995\t\t0\t\t92995\t\t0\t\t92995\nAccrued interest payable\t15666\t\t0\t\t15666\t\t0\t\t15666\n", "q10k_tbl_56": "\tDecember 31 2019\t\t\t\t\t\t\t\t\n\tCarrying Amount\t\tFair Value\t\t\t\t\t\t\n\t\tLevel 1\t\tLevel 2\t\tLevel 3\t\tTotal\n\t(in thousands)\t\t\t\t\t\t\t\t\nFinancial assets:\t\t\t\t\t\t\t\t\t\nInvestment securities:\t\t\t\t\t\t\t\t\t\nHTM\t485107\t\t0\t\t516261\t\t0\t\t516261\nAFS\t3346310\t\t32167\t\t3314143\t\t0\t\t3346310\nEquity securities\t138701\t\t138701\t\t0\t\t0\t\t138701\nDerivative assets\t1903\t\t0\t\t1903\t\t0\t\t1903\nLoans net\t20955499\t\t0\t\t0\t\t21256462\t\t21256462\nAccrued interest receivable\t108694\t\t0\t\t108694\t\t0\t\t108694\nFinancial liabilities:\t\t\t\t\t\t\t\t\t\nDeposits\t22796493\t\t0\t\t22813265\t\t0\t\t22813265\nCustomer repurchase agreements\t16675\t\t0\t\t16675\t\t0\t\t16675\nQualifying debt\t393563\t\t0\t\t332635\t\t74155\t\t406790\nDerivative liabilities\t55570\t\t0\t\t55570\t\t0\t\t55570\nAccrued interest payable\t24661\t\t0\t\t24661\t\t0\t\t24661\n", "q10k_tbl_57": "\t\tRegional Segments\t\t\t\nBalance Sheet:\tConsolidated Company\tArizona\tNevada\tSouthern California\tNorthern California\nAt September 30 2020\t(in millions)\t\t\t\t\nAssets:\t\t\t\t\t\nCash cash equivalents and investment securities\t6119.8\t1.5\t8.8\t1.8\t2.3\nLoans net of deferred loan fees and costs\t26014.0\t4388.1\t2612.2\t2376.7\t1785.8\nLess: allowance for credit losses\t(310.5)\t(57.0)\t(36.4)\t(31.5)\t(19.3)\nTotal loans\t25703.5\t4331.1\t2575.8\t2345.2\t1766.5\nOther assets acquired through foreclosure net\t8.6\t0\t8.5\t0\t0\nGoodwill and other intangible assets net\t299.0\t0\t23.2\t0\t153.9\nOther assets\t1204.6\t47.8\t60.1\t16.2\t20.1\nTotal assets\t33335.5\t4380.4\t2676.4\t2363.2\t1942.8\nLiabilities:\t\t\t\t\t\nDeposits\t28843.4\t8541.5\t4733.9\t3502.0\t2741.1\nBorrowings and qualifying debt\t628.8\t0\t0\t0\t0\nOther liabilities\t639.3\t28.7\t18.8\t8.6\t20.0\nTotal liabilities\t30111.5\t8570.2\t4752.7\t3510.6\t2761.1\nAllocated equity:\t3224.0\t576.4\t343.7\t281.2\t361.5\nTotal liabilities and stockholders' equity\t33335.5\t9146.6\t5096.4\t3791.8\t3122.6\nExcess funds provided (used)\t0\t4766.2\t2420.0\t1428.6\t1179.8\n", "q10k_tbl_58": "Income Statement:\t\t\t\t\t\nThree Months Ended September 30 2020\t(in thousands)\t\t\t\t\nNet interest income\t284738\t83492\t46625\t35656\t28353\nProvision for (recovery of) credit losses\t14661\t9830\t8548\t5213\t1856\nNet interest income after provision for credit losses\t270077\t73662\t38077\t30443\t26497\nNon-interest income\t20606\t1771\t2391\t1186\t2381\nNon-interest expense\t(124092)\t(17644)\t(15800)\t(14020)\t(12885)\nIncome (loss) before income taxes\t166591\t57789\t24668\t17609\t15993\nIncome tax expense (benefit)\t30822\t14447\t5180\t4930\t4478\nNet income\t135769\t43342\t19488\t12679\t11515\n", "q10k_tbl_59": "Nine Months Ended September 30 2020\t(in thousands)\t\t\t\t\nNet interest income\t852158\t229701\t139328\t104348\t85345\nProvision for (recovery of) credit losses\t157837\t46623\t25015\t23750\t12680\nNet interest income after provision for credit losses\t694321\t183078\t114313\t80598\t72665\nNon-interest income\t46985\t4943\t7355\t3269\t6450\nNon-interest expense\t(359372)\t(58674)\t(44414)\t(43216)\t(38460)\nIncome (loss) before income taxes\t381934\t129347\t77254\t40651\t40655\nIncome tax expense (benefit)\t68929\t32207\t16164\t11241\t11340\nNet income\t313005\t97140\t61090\t29410\t29315\n", "q10k_tbl_60": "\tNational Business Lines\t\t\t\t\t\nBalance Sheet:\tHOA Services\tPublic & Nonprofit Finance\tTechnology & Innovation\tHotel Franchise Finance\tOther NBLs\tCorporate & Other\nAt September 30 2020\t\t\t\t\t\t\nAssets:\t(in millions)\t\t\t\t\t\nCash cash equivalents and investment securities\t0\t0\t0\t0\t26.6\t6078.8\nLoans net of deferred loan fees and costs\t280.0\t1686.7\t2329.3\t2099.3\t8451.8\t4.1\nLess: allowance for credit losses\t(2.3)\t(17.9)\t(41.5)\t(40.7)\t(63.9)\t0\nTotal loans\t277.7\t1668.8\t2287.8\t2058.6\t8387.9\t4.1\nOther assets acquired through foreclosure net\t0\t0\t0\t0\t0.1\t0\nGoodwill and other intangible assets net\t0\t0\t119.3\t0.1\t2.5\t0\nOther assets\t5.4\t11.9\t9.2\t33.4\t110.3\t890.2\nTotal assets\t283.1\t1680.7\t2416.3\t2092.1\t8527.4\t6973.1\nLiabilities:\t\t\t\t\t\t\nDeposits\t3697.9\t0\t4646.4\t0\t61.4\t919.2\nBorrowings and qualifying debt\t0\t0\t0\t0\t0\t628.8\nOther liabilities\t(2.7)\t91.8\t5.4\t0.9\t56.8\t411.0\nTotal liabilities\t3695.2\t91.8\t4651.8\t0.9\t118.2\t1959.0\nAllocated equity:\t104.9\t130.3\t397.5\t167.5\t673.2\t187.8\nTotal liabilities and stockholders' equity\t3800.1\t222.1\t5049.3\t168.4\t791.4\t2146.8\nExcess funds provided (used)\t3517.0\t(1458.6)\t2633.0\t(1923.7)\t(7736.0)\t(4826.3)\n", "q10k_tbl_61": "Income Statement:\t\t\t\t\t\t\nThree Months Ended September 30 2020\t(in thousands)\t\t\t\t\t\nNet interest income\t22184\t2800\t48013\t12536\t46582\t(41503)\nProvision for (recovery of) credit losses\t(138)\t781\t(9048)\t2200\t(2706)\t(1875)\nNet interest income after provision for credit losses\t22322\t2019\t57061\t10336\t49288\t(39628)\nNon-interest income\t134\t0\t3126\t0\t2924\t6693\nNon-interest expense\t(9896)\t(1724)\t(11530)\t(2596)\t(12335)\t(25662)\nIncome (loss) before income taxes\t12560\t295\t48657\t7740\t39877\t(58597)\nIncome tax expense (benefit)\t2889\t68\t11191\t1780\t9172\t(23313)\nNet income\t9671\t227\t37466\t5960\t30705\t(35284)\n", "q10k_tbl_62": "Nine Months Ended September 30 2020\t(in thousands)\t\t\t\t\t\nNet interest income\t67740\t6351\t137436\t39442\t128096\t(85629)\nProvision for (recovery of) credit losses\t(2198)\t553\t25471\t27530\t(4737)\t3150\nNet interest income after provision for credit losses\t69938\t5798\t111965\t11912\t132833\t(88779)\nNon-interest income\t350\t0\t9247\t0\t4108\t11263\nNon-interest expense\t(29965)\t(5114)\t(36188)\t(7353)\t(35674)\t(60314)\nIncome (loss) before income taxes\t40323\t684\t85024\t4559\t101267\t(137830)\nIncome tax expense (benefit)\t9361\t380\t19461\t893\t23083\t(55201)\nNet income\t30962\t304\t65563\t3666\t78184\t(82629)\n", "q10k_tbl_63": "\t\tRegional Segments\t\t\t\nBalance Sheet:\tConsolidated Company\tArizona\tNevada\tSouthern California\tNorthern California\nAt December 31 2019\t(in millions)\t\t\t\t\nAssets:\t\t\t\t\t\nCash cash equivalents and investment securities\t4471.2\t1.8\t9.0\t2.3\t2.2\nLoans net of deferred loan fees and costs\t21123.3\t3847.9\t2252.5\t2253.9\t1311.2\nLess: allowance for credit losses\t(167.8)\t(31.6)\t(18.0)\t(18.3)\t(9.7)\nTotal loans\t20955.5\t3816.3\t2234.5\t2235.6\t1301.5\nOther assets acquired through foreclosure net\t13.9\t0\t13.0\t0.9\t0\nGoodwill and other intangible assets net\t297.6\t0\t23.2\t0\t154.6\nOther assets\t1083.7\t48.6\t59.4\t15.0\t19.8\nTotal assets\t26821.9\t3866.7\t2339.1\t2253.8\t1478.1\nLiabilities:\t\t\t\t\t\nDeposits\t22796.5\t5384.7\t4350.1\t2585.3\t2373.6\nBorrowings and qualifying debt\t393.6\t0\t0\t0\t0\nOther liabilities\t615.1\t17.8\t11.9\t1.2\t15.9\nTotal liabilities\t23805.2\t5402.5\t4362.0\t2586.5\t2389.5\nAllocated equity:\t3016.7\t453.6\t301.0\t253.3\t312.5\nTotal liabilities and stockholders' equity\t26821.9\t5856.1\t4663.0\t2839.8\t2702.0\nExcess funds provided (used)\t0\t1989.4\t2323.9\t586.0\t1223.9\n", "q10k_tbl_64": "Income Statement:\t\t\t\t\t\nThree Months Ended September 30 2019\t(in thousands)\t\t\t\t\nNet interest income\t266422\t68828\t40565\t33630\t23504\nProvision for (recovery of) credit losses\t3803\t103\t(62)\t(189)\t218\nNet interest income (expense) after provision for credit losses\t262619\t68725\t40627\t33819\t23286\nNon-interest income\t19441\t1821\t2677\t1079\t1917\nNon-interest expense\t(126152)\t(27241)\t(15211)\t(15185)\t(12379)\nIncome (loss) before income taxes\t155908\t43305\t28093\t19713\t12824\nIncome tax expense (benefit)\t28533\t10826\t5899\t5520\t3591\nNet income\t127375\t32479\t22194\t14193\t9233\n", "q10k_tbl_65": "Nine Months Ended September 30 2019\t(in thousands)\t\t\t\t\nNet interest income\t768439\t183772\t119191\t95751\t70533\nProvision for (recovery of) credit losses\t15303\t1705\t166\t611\t(653)\nNet interest income (expense) after provision for credit losses\t753136\t182067\t119025\t95140\t71186\nNon-interest income\t49069\t5050\t7926\t3054\t6299\nNon-interest expense\t(352279)\t(72183)\t(45099)\t(44890)\t(38419)\nIncome (loss) before income taxes\t449926\t114934\t81852\t53304\t39066\nIncome tax expense (benefit)\t78819\t28733\t17189\t14925\t10939\nNet income\t371107\t86201\t64663\t38379\t28127\n", "q10k_tbl_66": "\tNational Business Lines\t\t\t\t\t\nBalance Sheet:\tHOA Services\tPublic & Nonprofit Finance\tTechnology & Innovation\tHotel Franchise Finance\tOther NBLs\tCorporate & Other\nAt December 31 2019\t\t\t\t\t\t\nAssets:\t(in millions)\t\t\t\t\t\nCash cash equivalents and investment securities\t0\t0\t0\t0\t10.1\t4445.8\nLoans net of deferred loan fees and costs\t237.2\t1635.6\t1552.0\t1930.8\t6098.7\t3.5\nLess: allowance for credit losses\t(2.0)\t(13.7)\t(12.6)\t(12.6)\t(49.3)\t0\nTotal loans\t235.2\t1621.9\t1539.4\t1918.2\t6049.4\t3.5\nOther assets acquired through foreclosure net\t0\t0\t0\t0\t0\t0\nGoodwill and other intangible assets net\t0\t0\t119.7\t0.1\t0\t0\nOther assets\t1.2\t18.3\t7.3\t8.8\t64.3\t841.0\nTotal assets\t236.4\t1640.2\t1666.4\t1927.1\t6123.8\t5290.3\nLiabilities:\t\t\t\t\t\t\nDeposits\t3210.1\t0.1\t3771.5\t0\t36.9\t1084.2\nBorrowings and qualifying debt\t0\t0\t0\t0\t0\t393.6\nOther liabilities\t1.8\t52.9\t0.1\t0\t2.8\t510.7\nTotal liabilities\t3211.9\t53.0\t3771.6\t0\t39.7\t1988.5\nAllocated equity:\t84.5\t131.6\t317.5\t158.5\t494.3\t509.9\nTotal liabilities and stockholders' equity\t3296.4\t184.6\t4089.1\t158.5\t534.0\t2498.4\nExcess funds provided (used)\t3060.0\t(1455.6)\t2422.7\t(1768.6)\t(5589.8)\t(2791.9)\n", "q10k_tbl_67": "Income Statement:\t\t\t\t\t\t\nThree Months Ended September 30 2019\t(in thousands)\t\t\t\t\t\nNet interest income (expense)\t21974\t3394\t33932\t12845\t32935\t(5185)\nProvision for (recovery of) credit losses\t60\t(191)\t895\t1956\t1210\t(197)\nNet interest income (expense) after provision for credit losses\t21914\t3585\t33037\t10889\t31725\t(4988)\nNon-interest income\t84\t0\t5422\t0\t1708\t4733\nNon-interest expense\t(9769)\t(1845)\t(12068)\t(2197)\t(11320)\t(18937)\nIncome (loss) before income taxes\t12229\t1740\t26391\t8692\t22113\t(19192)\nIncome tax expense (benefit)\t2813\t400\t6070\t1999\t5086\t(13671)\nNet income\t9416\t1340\t20321\t6693\t17027\t(5521)\n", "q10k_tbl_68": "Nine Months Ended September 30 2019\t(in thousands)\t\t\t\t\t\nNet interest income\t64520\t10278\t91871\t39279\t88212\t5032\nProvision for (recovery of) credit losses\t27\t(136)\t2635\t3587\t6558\t803\nNet interest income (expense) after provision for credit losses\t64493\t10414\t89236\t35692\t81654\t4229\nNon-interest income\t268\t0\t10946\t0\t3915\t11611\nNon-interest expense\t(27777)\t(5683)\t(33971)\t(6757)\t(31729)\t(45771)\nIncome (loss) before income taxes\t36984\t4731\t66211\t28935\t53840\t(29931)\nIncome tax expense (benefit)\t8506\t1088\t15229\t6655\t12383\t(36828)\nNet income\t28478\t3643\t50982\t22280\t41457\t6897\n", "q10k_tbl_69": "\t\tRegional Segments\t\t\t\n\tConsolidated Company\tArizona\tNevada\tSouthern California\tNorthern California\nThree Months Ended September 30 2020\t(in thousands)\t\t\t\t\nRevenue from contracts with customers:\t\t\t\t\t\nService charges and fees\t5913\t1188\t1826\t889\t930\nDebit and credit card interchange (1)\t1597\t426\t306\t167\t686\nSuccess fees (2)\t38\t0\t0\t0\t0\nOther income\t69\t8\t6\t(1)\t18\nTotal revenue from contracts with customers\t7617\t1622\t2138\t1055\t1634\nRevenues outside the scope of ASC 606 (3)\t12989\t149\t253\t131\t747\nTotal non-interest income\t20606\t1771\t2391\t1186\t2381\n", "q10k_tbl_70": "\t\tRegional Segments\t\t\t\n\tConsolidated Company\tArizona\tNevada\tSouthern California\tNorthern California\nNine Months Ended September 30 2020\t(in thousands)\t\t\t\t\nRevenue from contracts with customers:\t\t\t\t\t\nService charges and fees\t17447\t3525\t5572\t2466\t2863\nDebit and credit card interchange (1)\t3942\t990\t770\t401\t1754\nSuccess fees (2)\t423\t0\t0\t0\t144\nOther income\t231\t20\t15\t(6)\t59\nTotal revenue from contracts with customers\t22043\t4535\t6357\t2861\t4820\nRevenues outside the scope of ASC 606 (3)\t24942\t408\t998\t408\t1630\nTotal non-interest income\t46985\t4943\t7355\t3269\t6450\n", "q10k_tbl_71": "\tNational Business Lines\t\t\t\t\t\n\tHOA Services\tPublic & Nonprofit Finance\tTechnology & Innovation\tHotel Franchise Finance\tOther NBLs\tCorporate & Other\nThree Months Ended September 30 2020\t(in thousands)\t\t\t\t\t\nRevenue from contracts with customers:\t\t\t\t\t\t\nService charges and fees\t114\t0\t963\t0\t3\t0\nDebit and credit card interchange (1)\t12\t0\t0\t0\t0\t0\nSuccess fees (2)\t0\t0\t38\t0\t0\t0\nOther income\t2\t0\t0\t0\t35\t1\nTotal revenue from contracts with customers\t128\t0\t1001\t0\t38\t1\nRevenues outside the scope of ASC 606 (3)\t6\t0\t2125\t0\t2886\t6692\nTotal non-interest income\t134\t0\t3126\t0\t2924\t6693\n", "q10k_tbl_72": "\tNational Business Lines\t\t\t\t\t\n\tHOA Services\tPublic & Nonprofit Finance\tTechnology & Innovation\tHotel Franchise Finance\tOther NBLs\tCorporate & Other\nNine Months Ended September 30 2020\t(in thousands)\t\t\t\t\t\nRevenue from contracts with customers:\t\t\t\t\t\t\nService charges and fees\t308\t0\t2707\t0\t6\t0\nDebit and credit card interchange (1)\t27\t0\t0\t0\t0\t0\nSuccess fees (2)\t0\t0\t279\t0\t0\t0\nOther income\t4\t0\t0\t0\t125\t14\nTotal revenue from contracts with customers\t339\t0\t2986\t0\t131\t14\nRevenues outside the scope of ASC 606 (3)\t11\t0\t6261\t0\t3977\t11249\nTotal non-interest income\t350\t0\t9247\t0\t4108\t11263\n", "q10k_tbl_73": "\t\tRegional Segments\t\t\t\n\tConsolidated Company\tArizona\tNevada\tSouthern California\tNorthern California\nThree Months Ended September 30 2019\t(in thousands)\t\t\t\t\nRevenue from contracts with customers:\t\t\t\t\t\nService charges and fees\t5888\t1226\t2036\t770\t965\nDebit and credit card interchange (1)\t1977\t451\t440\t229\t845\nSuccess fees (2)\t605\t0\t0\t0\t0\nOther income\t80\t8\t14\t4\t19\nTotal revenue from contracts with customers\t8550\t1685\t2490\t1003\t1829\nRevenues outside the scope of ASC 606 (3)\t10891\t136\t187\t76\t88\nTotal non-interest income\t19441\t1821\t2677\t1079\t1917\n", "q10k_tbl_74": "\t\tRegional Segments\t\t\t\n\tConsolidated Company\tArizona\tNevada\tSouthern California\tNorthern California\nNine Months Ended September 30 2019\t(in thousands)\t\t\t\t\nRevenue from contracts with customers:\t\t\t\t\t\nService charges and fees\t17121\t3525\t5980\t2218\t2821\nDebit and credit card interchange (1)\t5830\t1125\t1200\t596\t2878\nSuccess fees (2)\t1125\t0\t0\t0\t0\nOther income\t187\t8\t8\t6\t43\nTotal revenue from contracts with customers\t24263\t4658\t7188\t2820\t5742\nRevenues outside the scope of ASC 606 (3)\t24806\t392\t738\t234\t557\nTotal non-interest income\t49069\t5050\t7926\t3054\t6299\n", "q10k_tbl_75": "\tNational Business Lines\t\t\t\t\t\n\tHOA Services\tPublic & Nonprofit Finance\tTechnology & Innovation\tHotel Franchise Finance\tOther NBLs\tCorporate & Other\nThree Months Ended September 30 2019\t(in thousands)\t\t\t\t\t\nRevenue from contracts with customers:\t\t\t\t\t\t\nService charges and fees\t77\t0\t813\t0\t1\t0\nDebit and credit card interchange (1)\t12\t0\t0\t0\t0\t0\nSuccess fees (2)\t0\t0\t605\t0\t0\t0\nOther income\t(3)\t0\t0\t0\t35\t3\nTotal revenue from contracts with customers\t86\t0\t1418\t0\t36\t3\nRevenues outside the scope of ASC 606 (3)\t(2)\t0\t4004\t0\t1672\t4730\nTotal non-interest income\t84\t0\t5422\t0\t1708\t4733\n", "q10k_tbl_76": "\tNational Business Lines\t\t\t\t\t\n\tHOA Services\tPublic & Nonprofit Finance\tTechnology & Innovation\tHotel Franchise Finance\tOther NBLs\tCorporate & Other\nNine Months Ended September 30 2019\t(in thousands)\t\t\t\t\t\nRevenue from contracts with customers:\t\t\t\t\t\t\nService charges and fees\t241\t0\t2333\t0\t3\t0\nDebit and credit card interchange (1)\t31\t0\t0\t0\t0\t0\nSuccess fees (2)\t0\t0\t1125\t0\t0\t0\nOther income\t2\t0\t4\t0\t109\t7\nTotal revenue from contracts with customers\t274\t0\t3462\t0\t112\t7\nRevenues outside the scope of ASC 606 (3)\t(6)\t0\t7484\t0\t3803\t11604\nTotal non-interest income\t268\t0\t10946\t0\t3915\t11611\n", "q10k_tbl_77": "\tSeptember 30 2020\t\t\n\tBusiness Segment(s)\tLoan Balance\tPercent of Total Loan Portfolio\n\t\t(dollars in millions)\t\nIndustry (1):\t\t\t\nHotel\tHFF\t2099.3\t8.1%\nInvestor dependent\tTech & Innovation\t1335.0\t5.1\nRetail (2)\tRegional segments\t674.0\t2.6\nGaming\tNevada segment\t510.2\t2.0\nTotal\t\t4618.5\t17.8%\n", "q10k_tbl_78": "\tThree Months Ended September 30\t\tNine Months Ended September 30\t\n\t2020\t2019\t2020\t2019\n\t(in thousands except per share amounts)\t\t\t\nNet income\t135769\t127375\t313005\t371107\nEarnings per share - basic\t1.36\t1.25\t3.12\t3.60\nEarnings per share - diluted\t1.36\t1.24\t3.11\t3.59\nReturn on average assets\t1.66%\t1.94%\t1.38%\t2.03%\nReturn on average tangible common equity (1)\t18.73\t19.41\t14.90\t19.86\nNet interest margin\t3.71\t4.41\t4.03\t4.56\n", "q10k_tbl_79": "\tSeptember 30 2020\tDecember 31 2019\n\t(in thousands)\t\nTotal assets\t33335506\t26821948\nTotal loans net of deferred loan fees and costs\t26014018\t21123296\nTotal deposits\t28843396\t22796493\n", "q10k_tbl_80": "\tSeptember 30 2020\tDecember 31 2019\n\t(dollars in thousands)\t\nNon-accrual loans (1)\t146472\t55968\nNon-performing assets\t212384\t98174\nNon-accrual loans to gross loans\t0.56%\t0.27%\nNet charge-offs to average loans outstanding (2)\t0.13\t0.02\n", "q10k_tbl_81": "\tThree Months Ended September 30\t\tIncrease\tNine Months Ended September 30\t\tIncrease\n\t2020\t2019\t(Decrease)\t2020\t2019\t(Decrease)\n\t(in thousands except per share amounts)\t\t\t\t\t\nConsolidated Income Statement Data:\t\t\t\t\t\t\nInterest income\t304843\t315608\t(10765)\t930297\t909624\t20673\nInterest expense\t20105\t49186\t(29081)\t78139\t141185\t(63046)\nNet interest income\t284738\t266422\t18316\t852158\t768439\t83719\nProvision for credit losses\t14661\t3803\t10858\t157837\t15303\t142534\nNet interest income after provision for credit losses\t270077\t262619\t7458\t694321\t753136\t(58815)\nNon-interest income\t20606\t19441\t1165\t46985\t49069\t(2084)\nNon-interest expense\t124092\t126152\t(2060)\t359372\t352279\t7093\nIncome before provision for income taxes\t166591\t155908\t10683\t381934\t449926\t(67992)\nIncome tax expense\t30822\t28533\t2289\t68929\t78819\t(9890)\nNet income\t135769\t127375\t8394\t313005\t371107\t(58102)\nEarnings per share - basic\t1.36\t1.25\t0.11\t3.12\t3.60\t(0.48)\nEarnings per share - diluted\t1.36\t1.24\t0.12\t3.11\t3.59\t(0.47)\n", "q10k_tbl_82": "\tThree Months Ended September 30\t\tNine Months Ended September 30\t\n\t2020\t2019\t2020\t2019\n\t(in thousands)\t\t\t\nTotal non-interest income\t20606\t19441\t46985\t49069\nNet interest income\t284738\t266422\t852158\t768439\nNet revenue\t305344\t285863\t899143\t817508\nTotal non-interest expense\t124092\t126152\t359372\t352279\nPre-provision net revenue\t181252\t159711\t539771\t465229\nLess:\t\t\t\t\nProvision for credit losses\t14661\t3803\t157837\t15303\nIncome tax expense\t30822\t28533\t68929\t78819\nNet income\t135769\t127375\t313005\t371107\n", "q10k_tbl_83": "\tThree Months Ended September 30\t\tNine Months Ended September 30\t\n\t2020\t2019\t2020\t2019\n\t(dollars in thousands)\t\t\t\nTotal non-interest expense\t124092\t126152\t359372\t352279\nDivided by:\t\t\t\t\nTotal net interest income\t284738\t266422\t852158\t768439\nPlus:\t\t\t\t\nTax equivalent interest adjustment\t7188\t6423\t20638\t18736\nTotal non-interest income\t20606\t19441\t46985\t49069\n\t312532\t292286\t919781\t836244\nEfficiency ratio - tax equivalent basis\t39.7%\t43.2%\t39.1%\t42.1%\n", "q10k_tbl_84": "\tSeptember 30 2020\tDecember 31 2019\n\t(dollars and shares in thousands)\t\nTotal stockholders' equity\t3224046\t3016748\nLess: goodwill and intangible assets\t298987\t297608\nTotal tangible stockholders' equity\t2925059\t2719140\nPlus: deferred tax - attributed to intangible assets\t1689\t1921\nTotal tangible common equity net of tax\t2926748\t2721061\nTotal assets\t33335506\t26821948\nLess: goodwill and intangible assets net\t298987\t297608\nTangible assets\t33036519\t26524340\nPlus: deferred tax - attributed to intangible assets\t1689\t1921\nTotal tangible assets net of tax\t33038208\t26526261\nTangible common equity ratio\t8.9%\t10.3%\nCommon shares outstanding\t100825\t102524\nBook value per share\t31.98\t29.42\nTangible book value per share net of tax\t29.03\t26.54\n", "q10k_tbl_85": "\tSeptember 30 2020\tDecember 31 2019\n\t(dollars in thousands)\t\nCommon equity tier 1:\t\t\nCommon equity\t3285991\t3016748\nLess:\t\t\nNon-qualifying goodwill and intangibles\t297298\t295607\nDisallowed deferred tax asset\t165\t2243\nAOCI related adjustments\t74084\t21379\nUnrealized gain on changes in fair value liabilities\t4501\t3629\nCommon equity tier 1\t2909943\t2693890\nDivided by: Risk-weighted assets\t29079735\t25390142\nCommon equity tier 1 ratio\t10.0%\t10.6%\nCommon equity tier 1\t2909943\t2693890\nPlus: Trust preferred securities\t81500\t81500\nLess:\t\t\nDisallowed deferred tax asset\t0\t0\nUnrealized gain on changes in fair value liabilities\t0\t0\nTier 1 capital\t2991443\t2775390\nDivided by: Tangible average assets\t32190510\t26110275\nTier 1 leverage ratio\t9.3%\t10.6%\nTotal capital:\t\t\nTier 1 capital\t2991443\t2775390\nPlus:\t\t\nSubordinated debt\t515329\t305732\nAdjusted allowances for credit losses\t287647\t176752\nLess: Tier 2 qualifying capital deductions\t0\t0\nTier 2 capital\t802976\t482484\nTotal capital\t3794419\t3257874\nTotal capital ratio\t13.0%\t12.8%\nClassified assets to tier 1 capital plus allowance:\t\t\nClassified assets\t325659\t171246\nDivided by: Tier 1 capital\t2991443\t2775390\nPlus: Adjusted allowances for credit losses\t287647\t176752\nTotal Tier 1 capital plus adjusted allowances for credit losses\t3279090\t2952142\nClassified assets to tier 1 capital plus allowance (1)\t9.9%\t5.8%\n", "q10k_tbl_86": "\tThree Months Ended September 30\t\t\t\t\t\n\t2020\t\t\t2019\t\t\n\tAverage Balance\tInterest\tAverage Yield / Cost\tAverage Balance\tInterest\tAverage Yield / Cost\n\t(dollars in thousands)\t\t\t\t\t\nInterest earning assets\t\t\t\t\t\t\nLoans:\t\t\t\t\t\t\nCommercial and industrial\t12687865\t130041\t4.17%\t8423017\t118332\t5.72%\nCRE - non-owner-occupied\t5393133\t63813\t4.72\t4722176\t69421\t5.85\nCRE - owner-occupied\t2232653\t26645\t4.85\t2259576\t30099\t5.38\nConstruction and land development\t2209340\t32293\t5.83\t2226289\t39177\t7.00\nResidential real estate\t2395956\t23358\t3.88\t1701599\t20913\t4.88\nConsumer\t38524\t473\t4.88\t69519\t990\t5.65\nLoans held for sale\t20290\t0\t0\t237\t0\t0\nTotal loans (1) (2) (3)\t24977761\t276623\t4.47\t19402413\t278932\t5.79\nSecurities:\t\t\t\t\t\t\nSecurities - taxable\t2811615\t14769\t2.09\t3073116\t20575\t2.66\nSecurities - tax-exempt\t1556431\t12634\t4.07\t1062087\t9085\t4.30\nTotal securities (1)\t4368046\t27403\t2.79\t4135203\t29660\t3.08\nOther\t1926386\t817\t0.17\t1009926\t7016\t2.76\nTotal interest earning assets\t31272193\t304843\t3.97\t24547542\t315608\t5.20\nNon-interest earning assets\t\t\t\t\t\t\nCash and due from banks\t163812\t\t\t346833\t\t\nAllowance for credit losses\t(325039)\t\t\t(162629)\t\t\nBank owned life insurance\t174998\t\t\t172447\t\t\nOther assets\t1237441\t\t\t1094205\t\t\nTotal assets\t32523405\t\t\t25998398\t\t\nInterest-bearing liabilities\t\t\t\t\t\t\nInterest-bearing deposits:\t\t\t\t\t\t\nInterest-bearing transaction accounts\t3636299\t1463\t0.16%\t2488581\t5061\t0.81%\nSavings and money market accounts\t10170085\t5661\t0.22\t8456531\t26608\t1.25\nCertificates of deposit\t1845479\t5091\t1.10\t2250362\t11685\t2.06\nTotal interest-bearing deposits\t15651863\t12215\t0.31\t13195474\t43354\t1.30\nShort-term borrowings\t35996\t18\t0.20\t17495\t47\t1.07\nQualifying debt\t616218\t7872\t5.08\t387799\t5785\t5.92\nTotal interest-bearing liabilities\t16304077\t20105\t0.49\t13600768\t49186\t1.43\nInterest cost of funding earning assets\t\t\t0.26\t\t\t0.79\nNon-interest-bearing liabilities\t\t\t\t\t\t\nNon-interest-bearing demand deposits\t12422208\t\t\t8916568\t\t\nOther liabilities\t617006\t\t\t579624\t\t\nStockholders' equity\t3180114\t\t\t2901438\t\t\nTotal liabilities and stockholders' equity\t32523405\t\t\t25998398\t\t\nNet interest income and margin (4)\t\t284738\t3.71%\t\t266422\t4.41%\n", "q10k_tbl_87": "\tNine Months Ended September 30\t\t\t\t\t\n\t2020\t\t\t2019\t\t\n\tAverage Balance\tInterest\tAverage Yield / Cost\tAverage Balance\tInterest\tAverage Yield / Cost\n\t(dollars in thousands)\t\t\t\t\t\nInterest earning assets\t\t\t\t\t\t\nLoans:\t\t\t\t\t\t\nCommercial and industrial\t11556578\t396578\t4.69%\t7955590\t340808\t5.88%\nCRE - non-owner occupied\t5325633\t198335\t4.99\t4468371\t199372\t5.98\nCRE - owner occupied\t2262428\t83353\t5.02\t2279886\t90113\t5.39\nConstruction and land development\t2114957\t95451\t6.05\t2210205\t118687\t7.20\nResidential real estate\t2294876\t67122\t3.91\t1535964\t56275\t4.90\nConsumer\t49164\t1922\t5.22\t64490\t2844\t5.90\nLoans held for sale\t21259\t324\t2.04\t80\t0\t0\nTotal loans (1) (2) (3)\t23624895\t843085\t4.83\t18514586\t808099\t5.92\nSecurities:\t\t\t\t\t\t\nSecurities - taxable\t2826004\t48271\t2.28\t2865596\t60641\t2.83\nSecurities - tax-exempt\t1376648\t34753\t4.25\t979677\t27053\t4.62\nTotal securities (1)\t4202652\t83024\t2.93\t3845273\t87694\t3.29\nOther\t1136169\t4188\t0.49\t700698\t13831\t2.64\nTotal interest earning assets\t28963716\t930297\t4.39\t23060557\t909624\t5.38\nNon-interest earning assets\t\t\t\t\t\t\nCash and due from banks\t173909\t\t\t225907\t\t\nAllowance for credit losses\t(263207)\t\t\t(157809)\t\t\nBank owned life insurance\t178660\t\t\t171470\t\t\nOther assets\t1206162\t\t\t1098583\t\t\nTotal assets\t30259240\t\t\t24398708\t\t\nInterest-bearing liabilities\t\t\t\t\t\t\nInterest-bearing deposits:\t\t\t\t\t\t\nInterest-bearing transaction accounts\t3410882\t7530\t0.29%\t2511860\t16194\t0.86%\nSavings and money market accounts\t9546249\t28875\t0.40\t7854914\t73283\t1.25\nCertificates of deposit\t2113020\t23331\t1.47\t2114659\t31553\t1.99\nTotal interest-bearing deposits\t15070151\t59736\t0.53\t12481433\t121030\t1.30\nShort-term borrowings\t150118\t570\t0.51\t129382\t2257\t2.33\nQualifying debt\t500522\t17833\t4.76\t376154\t17898\t6.36\nTotal interest-bearing liabilities\t15720791\t78139\t0.66\t12986969\t141185\t1.45\nInterest cost of funding earning assets\t\t\t0.36\t\t\t0.82\nNon-interest-bearing liabilities\t\t\t\t\t\t\nNon-interest-bearing demand deposits\t10813205\t\t\t8118791\t\t\nOther liabilities\t622889\t\t\t495597\t\t\nStockholders' equity\t3102355\t\t\t2797351\t\t\nTotal liabilities and stockholders' equity\t30259240\t\t\t24398708\t\t\nNet interest income and margin (4)\t\t852158\t4.03%\t\t768439\t4.56%\n", "q10k_tbl_88": "\tThree Months Ended September 30\t\t\tNine Months Ended September 30\t\t\n\t2020 versus 2019\t\t\t2020 versus 2019\t\t\n\tIncrease (Decrease) Due to Changes in (1)\t\t\tIncrease (Decrease) Due to Changes in (1)\t\t\n\tVolume\tRate\tTotal\tVolume\tRate\tTotal\n\t(in thousands)\t\t\t\t\t\nInterest income:\t\t\t\t\t\t\nLoans:\t\t\t\t\t\t\nCommercial and industrial\t43711\t(32002)\t11709\t123572\t(67802)\t55770\nCRE - non-owner occupied\t7939\t(13547)\t(5608)\t31926\t(32963)\t(1037)\nCRE - owner-occupied\t(321)\t(3133)\t(3454)\t(643)\t(6117)\t(6760)\nConstruction and land development\t(248)\t(6636)\t(6884)\t(4299)\t(18937)\t(23236)\nResidential real estate\t6769\t(4324)\t2445\t22197\t(11350)\t10847\nConsumer\t(381)\t(136)\t(517)\t(599)\t(323)\t(922)\nLoans held for sale\t0\t0\t0\t323\t1\t324\nTotal loans\t57469\t(59778)\t(2309)\t172477\t(137491)\t34986\nSecurities:\t\t\t\t\t\t\nSecurities - taxable\t(1374)\t(4432)\t(5806)\t(676)\t(11694)\t(12370)\nSecurities - tax-exempt\t4013\t(464)\t3549\t10021\t(2321)\t7700\nTotal securities\t2639\t(4896)\t(2257)\t9345\t(14015)\t(4670)\nOther\t389\t(6588)\t(6199)\t1605\t(11248)\t(9643)\nTotal interest income\t60497\t(71262)\t(10765)\t183427\t(162754)\t20673\nInterest expense:\t\t\t\t\t\t\nInterest-bearing transaction accounts\t462\t(4060)\t(3598)\t1985\t(10649)\t(8664)\nSavings and money market\t954\t(21901)\t(20947)\t5116\t(49524)\t(44408)\nCertificates of deposit\t(1117)\t(5477)\t(6594)\t(18)\t(8204)\t(8222)\nShort-term borrowings\t9\t(38)\t(29)\t79\t(1766)\t(1687)\nQualifying debt\t2918\t(831)\t2087\t4431\t(4496)\t(65)\nTotal interest expense\t3226\t(32307)\t(29081)\t11593\t(74639)\t(63046)\nNet increase\t57271\t(38955)\t18316\t171834\t(88115)\t83719\n", "q10k_tbl_89": "\tThree Months Ended September 30\t\t\tNine Months Ended September 30\t\t\n\t2020\t2019\tIncrease (Decrease)\t2020\t2019\tIncrease (Decrease)\n\t(in thousands)\t\t\t\t\t\nService charges and fees\t5913\t5888\t25\t17447\t17121\t326\nCard income\t1873\t1729\t144\t4768\t5195\t(427)\nForeign currency income\t1755\t1321\t434\t4242\t3564\t678\nIncome from bank owned life insurance\t1345\t979\t366\t8977\t2938\t6039\nIncome from equity investments\t1186\t3742\t(2556)\t6263\t6619\t(356)\nLending related income and gains on sale of loans net\t705\t539\t166\t2072\t1343\t729\nGain on sales of investment securities net\t0\t3152\t(3152)\t230\t3152\t(2922)\nFair value gain (loss) adjustments on assets measured at fair value net\t5882\t222\t5660\t(986)\t4628\t(5614)\nOther income\t1947\t1869\t78\t3972\t4509\t(537)\nTotal non-interest income\t20606\t19441\t1165\t46985\t49069\t(2084)\n", "q10k_tbl_90": "\tThree Months Ended September 30\t\t\tNine Months Ended September 30\t\t\n\t2020\t2019\tIncrease (Decrease)\t2020\t2019\tIncrease (Decrease)\n\t(in thousands)\t\t\t\t\t\nSalaries and employee benefits\t78757\t70978\t7779\t220455\t205328\t15127\nLegal professional and directors' fees\t10034\t8248\t1786\t31105\t26885\t4220\nOccupancy\t9426\t8263\t1163\t25752\t24251\t1501\nData processing\t8864\t7095\t1769\t26044\t20563\t5481\nDeposit costs\t3246\t11537\t(8291)\t14098\t24930\t(10832)\nInsurance\t3064\t3071\t(7)\t9506\t8691\t815\nLoan and repossessed asset expenses\t1771\t1953\t(182)\t5280\t5419\t(139)\nBusiness development\t950\t1443\t(493)\t4062\t4972\t(910)\nMarketing\t848\t842\t6\t2621\t2640\t(19)\nCard expense\t505\t548\t(43)\t1631\t1892\t(261)\nIntangible amortization\t373\t387\t(14)\t1120\t1161\t(41)\nNet loss (gain) on sales / valuations of repossessed and other assets\t123\t3379\t(3256)\t(1335)\t2856\t(4191)\nOther expense\t6131\t8408\t(2277)\t19033\t22691\t(3658)\nTotal non-interest expense\t124092\t126152\t(2060)\t359372\t352279\t7093\n", "q10k_tbl_91": "\t\tRegional Segments\t\t\t\n\tConsolidated Company\tArizona\tNevada\tSouthern California\tNorthern California\nAt September 30 2020\t(in millions)\t\t\t\t\nLoans net of deferred loan fees and costs\t26014.0\t4388.1\t2612.2\t2376.7\t1785.8\nDeposits\t28843.4\t8541.5\t4733.9\t3502.0\t2741.1\nAt December 31 2019\t\t\t\t\t\nLoans net of deferred loan fees and costs\t21123.3\t3847.9\t2252.5\t2253.9\t1311.2\nDeposits\t22796.5\t5384.7\t4350.1\t2585.3\t2373.6\n", "q10k_tbl_92": "\t(in thousands)\t\t\t\t\nThree Months Ended September 30 2020\t\t\t\t\t\nPre-tax income\t166591\t57789\t24668\t17609\t15993\nNine Months Ended September 30 2020\t\t\t\t\t\nPre-tax income\t381934\t129347\t77254\t40651\t40655\nThree Months Ended September 30 2019\t\t\t\t\t\nPre-tax income\t155908\t43305\t28093\t19713\t12824\nNine Months Ended September 30 2019\t\t\t\t\t\nPre-tax income\t449926\t114934\t81852\t53304\t39066\n", "q10k_tbl_93": "\tNational Business Lines\t\t\t\t\t\n\tHOA Services\tPublic & Nonprofit Finance\tTechnology & Innovation\tHotel Franchise Finance\tOther NBLs\tCorporate & Other\nAt September 30 2020\t(in millions)\t\t\t\t\t\nLoans net of deferred loan fees and costs\t280.0\t1686.7\t2329.3\t2099.3\t8451.8\t4.1\nDeposits\t3697.9\t0\t4646.4\t0\t61.4\t919.2\nAt December 31 2019\t\t\t\t\t\t\nLoans net of deferred loan fees and costs\t237.2\t1635.6\t1552.0\t1930.8\t6098.7\t3.5\nDeposits\t3210.1\t0.1\t3771.5\t0\t36.9\t1084.2\n", "q10k_tbl_94": "\t(in thousands)\t\t\t\t\t\nThree Months Ended September 30 2020\t\t\t\t\t\t\nPre-tax income\t12560\t295\t48657\t7740\t39877\t(58597)\nNine Months Ended September 30 2020\t\t\t\t\t\t\nPre-tax income\t40323\t684\t85024\t4559\t101267\t(137830)\nThree Months Ended September 30 2019\t\t\t\t\t\t\nPre-tax income\t12229\t1740\t26391\t8692\t22113\t(19192)\nNine Months Ended September 30 2019\t\t\t\t\t\t\nPre-tax income\t36984\t4731\t66211\t28935\t53840\t(29931)\n", "q10k_tbl_95": "\tSeptember 30 2020\tDecember 31 2019\n\t(in thousands)\t\nDebt securities\t\t\nCDO\t8176\t10142\nCommercial MBS issued by GSEs\t95657\t94253\nCorporate debt securities\t186609\t99961\nMunicipal securities\t22159\t7773\nPrivate label residential MBS\t1264237\t1129227\nResidential MBS issued by GSEs\t1361556\t1412060\nTax-exempt\t1515500\t1039962\nTrust preferred securities\t25208\t27040\nU.S. government sponsored agency securities\t0\t10000\nU.S. treasury securities\t600\t999\nTotal debt securities\t4479702\t3831417\nEquity securities\t\t\nCRA investments\t53545\t52504\nPreferred stock\t107016\t86197\nTotal equity securities\t160561\t138701\n", "q10k_tbl_96": "\tSeptember 30 2020\n\t(in thousands)\nCommercial and industrial\t\nTech & Innovation\t2277889\nOther commercial and industrial\t5993712\nCRE - owner occupied\t1970163\nCRE - non-owner occupied\t\nHotel Franchise Finance\t1942886\nOther CRE - non-owned occupied\t3433932\nResidential\t2330064\nConstruction and land development\t2267922\nWarehouse lending\t3926852\nMunicipal & nonprofit\t1686690\nOther\t163144\nTotal loans HFI\t25993254\nAllowance for credit losses\t(310560)\nTotal loans HFI net of allowance\t25682694\n", "q10k_tbl_97": "\t\tDecember 31 2019\n\t(in thousands)\t\nCommercial and industrial\t\t9382043\nCommercial real estate - non-owner occupied\t\t5245634\nCommercial real estate - owner occupied\t\t2316913\nConstruction and land development\t\t1952156\nResidential real estate\t\t2147664\nConsumer\t\t57083\nLoans net of deferred loan fees and costs\t\t21101493\nAllowance for credit losses\t\t(167797)\nTotal loans HFI\t\t20933696\n", "q10k_tbl_98": "\tSeptember 30 2020\tDecember 31 2019\n\t(dollars in thousands)\t\nTotal nonaccrual loans (1)\t146472\t55968\nLoans past due 90 days or more on accrual status\t28129\t0\nAccruing troubled debt restructured loans\t29192\t28356\nTotal nonperforming loans\t203793\t84324\nOther assets acquired through foreclosure net\t8591\t13850\nNonaccrual HFI and HFS loans to funded HFI loans\t0.56%\t0.27%\nNonaccrual HFI loans to funded HFI loans\t0.48%\t0.27%\nLoans past due 90 days or more on accrual status to funded HFI loans\t0.11%\t0\n", "q10k_tbl_99": "\tSeptember 30 2020\t\t\n\tNonaccrual Balance\tPercent of Nonaccrual Balance\tPercent of Total HFI Loans\t\t\t\t\t\t\t\t\t\t\t\t\n\t(dollars in thousands)\t\t\nCommercial and industrial\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\nTech & Innovation\t18725\t14.89%\t0.07%\t\t\t\t\t\t\t\t\t\t\t\t\nOther commercial and industrial\t31611\t25.15\t0.12\t\t\t\t\t\t\t\t\t\t\t\t\nCRE - owner occupied\t38567\t30.68\t0.15\t\t\t\t\t\t\t\t\t\t\t\t\nCRE - non-owner occupied\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\nHotel Franchise Finance\t0\t0\t0\t\t\t\t\t\t\t\t\t\t\t\t\nOther CRE - non-owned occupied\t29071\t23.13\t0.11\t\t\t\t\t\t\t\t\t\t\t\t\nResidential\t5388\t4.29\t0.02\t\t\t\t\t\t\t\t\t\t\t\t\nConstruction and land development\t192\t0.15\t0.00\t\t\t\t\t\t\t\t\t\t\t\t\nWarehouse lending\t0\t0\t0\t\t\t\t\t\t\t\t\t\t\t\t\nMunicipal & nonprofit\t1952\t1.55\t0.01\t\t\t\t\t\t\t\t\t\t\t\t\nOther\t203\t0.16\t0.00\t\t\t\t\t\t\t\t\t\t\t\t\nTotal non-accrual loans\t125709\t100.00%\t0.48%\t\t\t\t\t\t\t\t\t\t\t\t\n", "q10k_tbl_100": "\tDecember 31 2019\t\t\n\t\t\tNonaccrual Balance\t\t\t\tPercent of Nonaccrual Balance\t\t\t\t\t\tPercent of Total HFI Loans\t\t\n\t\t(dollars in thousands)\t\t\t\t\t\t\t\t\t\t\t\t\t\nCommercial and industrial\t\t\t24501\t\t\t\t43.77%\t\t\t\t\t\t0.12%\t\t\nCommercial real estate\t\t\t23720\t\t\t\t42.38\t\t\t\t\t\t0.11\t\t\nConstruction and land development\t\t\t2147\t\t\t\t3.84\t\t\t\t\t\t0.01\t\t\nResidential real estate\t\t\t5600\t\t\t\t10.01\t\t\t\t\t\t0.03\t\t\nConsumer\t\t\t0\t\t\t\t0\t\t\t\t\t\t0\t\t\nTotal non-accrual loans\t\t\t55968\t\t\t\t100.00%\t\t\t\t\t\t0.27%\t\t\n", "q10k_tbl_101": "\tSeptember 30 2020\t\tDecember 31 2019\t\n\tNonaccrual Loans\tPercent of Segment's Total HFI Loans\tNonaccrual Loans\tPercent of Segment's Total HFI Loans\n\t(dollars in thousands)\t\t\t\nArizona\t46246\t1.05%\t29062\t0.76%\nNevada\t4588\t0.18\t8001\t0.36\nSouthern California\t24797\t1.04\t1759\t0.08\nNorthern California\t24346\t1.36\t5193\t0.40\nHOA Services\t72\t0.03\t0\t0\nPublic & Nonprofit Finance\t1952\t0.12\t2147\t0.13\nTechnology and Innovation\t18725\t0.80\t5867\t0.38\nOther NBLs\t4983\t0.06\t3939\t0.06\nTotal non-accrual loans\t125709\t0.48%\t55968\t0.27%\n", "q10k_tbl_102": "\tThree Months Ended September 30 2020\t\t\t\t\n\tBalance\tProvision for (Reversal of) Credit Losses\tWriteoffs\t\tRecoveries\t\t\t\tBalance\t\t\n\tJune 30 2020\t\t\tSeptember 30 2020\n\t(1)\t\t\t(1)\n\t(in thousands)\t\t\t\t\nCommercial and industrial\t\t\t\t\t\t\t\t\t\t\t\nTech & Innovation\t54559\t(9359)\t6364\t\t0\t\t\t\t38836\t\t\nOther commercial and industrial\t109930\t(621)\t748\t\t(192)\t\t\t\t108753\t\t\nCRE - owner occupied\t15587\t3897\t83\t\t(5)\t\t\t\t19406\t\t\nCRE - non-owner occupied\t\t\t\t\t\t\t\t\t\t\t\nHotel Franchise Finance\t35864\t2163\t0\t\t0\t\t\t\t38027\t\t\nOther CRE - non-owned occupied\t32672\t9196\t1246\t\t0\t\t\t\t40622\t\t\nResidential\t1725\t16\t307\t\t(355)\t\t\t\t1789\t\t\nConstruction and land development\t35792\t2983\t0\t\t(6)\t\t\t\t38781\t\t\nWarehouse lending\t743\t95\t0\t\t0\t\t\t\t838\t\t\nMunicipal & nonprofit\t17128\t768\t0\t\t0\t\t\t\t17896\t\t\nOther\t6550\t(934)\t25\t\t(21)\t\t\t\t5612\t\t\nTotal\t310550\t8204\t8773\t\t(579)\t\t\t\t310560\t\t\n", "q10k_tbl_103": "\tNine Months Ended September 30 2020\t\t\t\t\n\tBalance\tProvision for (Reversal of) Credit Losses\tWriteoffs\t\tRecoveries\t\t\t\tBalance\t\t\n\tJanuary 1 2020\t\t\tSeptember 30 2020\n\t(1)\t\t\t(1)\n\t(in thousands)\t\t\t\t\nCommercial and industrial\t\t\t\t\t\t\t\t\t\t\t\nTech & Innovation\t22394\t25556\t9114\t\t0\t\t\t\t38836\t\t\nOther commercial and industrial\t95784\t13653\t2684\t\t(2000)\t\t\t\t108753\t\t\nCRE - owner occupied\t10420\t9100\t126\t\t(12)\t\t\t\t19406\t\t\nCRE - non-owner occupied\t\t\t\t\t\t\t\t\t\t\t\nHotel Franchise Finance\t14104\t23923\t0\t\t0\t\t\t\t38027\t\t\nOther CRE - non-owned occupied\t10503\t30684\t2131\t\t(1566)\t\t\t\t40622\t\t\nResidential\t3814\t(2103)\t307\t\t(385)\t\t\t\t1789\t\t\nConstruction and land development\t6218\t32540\t0\t\t(23)\t\t\t\t38781\t\t\nWarehouse lending\t246\t592\t0\t\t0\t\t\t\t838\t\t\nMunicipal & nonprofit\t17397\t499\t0\t\t0\t\t\t\t17896\t\t\nOther\t6045\t(314)\t231\t\t(112)\t\t\t\t5612\t\t\nTotal\t186925\t134130\t14593\t\t(4098)\t\t\t\t310560\t\t\n", "q10k_tbl_104": "\tThree Months Ended September 30 2019\t\t\t\t\t\n\tBalance\tCharge-offs\tRecoveries\t\tProvision for (Reversal of) Credit Losses\tBalance\n\tJune 30 2019\t\t\tSeptember 30 2019\n\t(in thousands)\t\t\t\t\t\nConstruction and land development\t26091\t0\t(17)\t\t1210\t27318\nCommercial real estate\t41258\t139\t(8)\t\t4817\t45944\nResidential real estate\t12606\t9\t(131)\t\t804\t13532\nCommercial and industrial\t79635\t1950\t(2549)\t\t(2815)\t77419\nConsumer\t819\t1\t(6)\t\t(16)\t808\nTotal\t160409\t2099\t(2711)\t\t4000\t165021\n", "q10k_tbl_105": "\tNine Months Ended September 30 2019\t\t\t\t\t\n\tBalance\tCharge-offs\tRecoveries\t\tProvision for (Reversal of) Credit Losses\tBalance\n\tDecember 31 2018\t\t\tSeptember 30 2019\n\t(in thousands)\t\t\t\t\t\nConstruction and land development\t22513\t141\t(81)\t\t4865\t27318\nCommercial real estate\t34829\t139\t(900)\t\t10354\t45944\nResidential real estate\t11276\t594\t(251)\t\t2599\t13532\nCommercial and industrial\t83118\t6092\t(3521)\t\t(3128)\t77419\nConsumer\t981\t2\t(19)\t\t(190)\t808\nTotal\t152717\t6968\t(4772)\t\t14500\t165021\n", "q10k_tbl_106": "\tSeptember 30 2020\t\t\n\tAllowance for credit losses\tPercent of total allowance for credit losses\tPercent of loan type to total HFI loans\n\t(dollars in thousands)\t\t\nCommercial and industrial\t\t\t\nTech & Innovation\t38836\t12.5%\t8.8%\nOther commercial and industrial\t108753\t35.0\t23.1\nCRE - owner occupied\t19406\t6.2\t7.6\nCRE - non-owner occupied\t\t\t\nHotel Franchise Finance\t38027\t12.2\t7.5\nOther CRE - non-owned occupied\t40622\t13.1\t13.2\nResidential\t1789\t0.6\t9.0\nConstruction and land development\t38781\t12.5\t8.7\nWarehouse lending\t838\t0.3\t15.1\nMunicipal & nonprofit\t17896\t5.8\t6.5\nOther\t5612\t1.8\t0.6\nTotal\t310560\t100.0%\t100.0%\n", "q10k_tbl_107": "\tDecember 31 2019\t\t\n\tAllowance for credit losses\tPercent of total allowance for credit losses\tPercent of loan type to total HFI loans\n\t(dollars in thousands)\t\t\nCommercial and industrial\t82302\t49.0%\t44.5%\nCommercial Real Estate\t47273\t28.2\t35.8\nConstruction and Land Development\t23894\t14.2\t9.2\nResidential Real Estate\t13714\t8.2\t10.2\nConsumer\t614\t0.4\t0.3\nTotal\t167797\t100.0%\t100.0%\n", "q10k_tbl_108": "\tSeptember 30 2020\t\t\t\n\tNumber of Loans\tLoan Balance\tPercent of Loan Balance\tPercent of Total HFI Loans\n\t(dollars in thousands)\t\t\t\nCommercial and industrial\t\t\t\t\nTech & Innovation\t28\t14929\t3.36%\t0.06%\nOther commercial and industrial\t71\t186478\t41.97\t0.72\nCRE - owner occupied\t30\t44247\t9.96\t0.17\nCRE - non-owner occupied\t\t\t\t\nHotel Franchise Finance\t9\t115831\t26.08\t0.45\nOther CRE - non-owned occupied\t12\t30940\t6.97\t0.12\nResidential\t1\t32\t0.01\t0\nConstruction and land development\t8\t42378\t9.54\t0.16\nWarehouse lending\t0\t0\t0\t0\nMunicipal & nonprofit\t3\t6525\t1.47\t0.03\nOther\t14\t2835\t0.64\t0.01\nTotal\t176\t444195\t100.00%\t1.72%\n", "q10k_tbl_109": "\tDecember 31 2019\t\t\t\n\tNumber of Loans\tLoan Balance\tPercent of Loan Balance\tPercent of Total HFI Loans\n\t(dollars in thousands)\t\t\t\nCommercial and industrial\t73\t96464\t43.06%\t0.46%\nCommercial real estate\t37\t107839\t48.14\t0.51\nConstruction and land development\t10\t18971\t8.47\t0.09\nResidential real estate\t3\t727\t0.33\t0.00\nConsumer\t1\t10\t0.00\t0.00\nTotal\t124\t224011\t100.00%\t1.06%\n", "q10k_tbl_110": "\tThree Months Ended September 30\t\t\t\n\t2020\t\t2019\t\n\tAverage Balance\tRate\tAverage Balance\tRate\n\t(dollars in thousands)\t\t\t\nInterest-bearing transaction accounts\t3636299\t0.16%\t2488581\t0.81%\nSavings and money market accounts\t10170085\t0.22\t8456531\t1.25\nCertificates of deposit\t1845479\t1.10\t2250362\t2.06\nTotal interest-bearing deposits\t15651863\t0.31\t13195474\t1.30\nNon-interest-bearing demand deposits\t12422208\t0\t8916568\t0\nTotal deposits\t28074071\t0.17%\t22112042\t0.78%\n", "q10k_tbl_111": "\tNine Months Ended September 30\t\t\t\n\t2020\t\t2019\t\n\tAverage Balance\tRate\tAverage Balance\tRate\n\t(dollars in thousands)\t\t\t\nInterest-bearing transaction accounts\t3410882\t0.29%\t2511860\t0.86%\nSavings and money market accounts\t9546249\t0.40\t7854914\t1.25\nCertificates of deposit\t2113020\t1.47\t2114659\t1.99\nTotal interest-bearing deposits\t15070151\t0.53\t12481433\t1.30\nNon-interest-bearing demand deposits\t10813205\t0\t8118791\t0\nTotal deposits\t25883356\t0.31%\t20600224\t0.79%\n", "q10k_tbl_112": "\tTotal Capital\tTier 1 Capital\tRisk-Weighted Assets\tTangible Average Assets\tTotal Capital Ratio\tTier 1 Capital Ratio\tTier 1 Leverage Ratio\tCommon Equity Tier 1\n\t(dollars in thousands)\t\t\t\t\t\t\t\nSeptember 30 2020\t\t\t\t\t\t\t\t\nWAL\t3794419\t2991443\t29079735\t32190510\t13.0%\t10.3%\t9.3%\t10.0%\nWAB\t3555485\t2925840\t29102161\t32211409\t12.2\t10.1\t9.1\t10.1\nWell-capitalized ratios\t\t\t\t\t10.0\t8.0\t5.0\t6.5\nMinimum capital ratios\t\t\t\t\t8.0\t6.0\t4.0\t4.5\nDecember 31 2019\t\t\t\t\t\t\t\t\nWAL\t3257874\t2775390\t25390142\t26110275\t12.8%\t10.9%\t10.6%\t10.6%\nWAB\t3030301\t2703549\t25452261\t26134431\t11.9\t10.6\t10.3\t10.6\nWell-capitalized ratios\t\t\t\t\t10.0\t8.0\t5.0\t6.5\nMinimum capital ratios\t\t\t\t\t8.0\t6.0\t4.0\t4.5\n", "q10k_tbl_113": "\tSeptember 30 2020\n\t(in millions)\nFHLB:\t\nBorrowing capacity\t4412.9\nOutstanding borrowings\t10.0\nLetters of credit\t21.0\nTotal available credit\t4381.9\nFRB:\t\nBorrowing capacity\t2414.9\nOutstanding borrowings\t0\nTotal available credit\t2414.9\n", "q10k_tbl_114": "\tParallel Shift Rate Scenario (change in basis points from Base)\t\t\t\n\tDown 100\tBase\tUp 100\tUp 200\n\t(in thousands)\t\t\t\nInterest Income\t1143728\t1173944\t1298005\t1461979\nInterest Expense\t44820\t68285\t136442\t204790\nNet Interest Income\t1098908\t1105659\t1161563\t1257189\n% Change\t(0.6)%\t\t5.1%\t13.7%\n", "q10k_tbl_115": "\tInterest Rate Ramp Scenario (change in basis points from Base)\t\t\t\n\tDown 100\tBase\tUp 100\tUp 200\n\t(in thousands)\t\t\t\nInterest Income\t1149818\t1173944\t1230788\t1296622\nInterest Expense\t54229\t68285\t83030\t97032\nNet Interest Income\t1095589\t1105659\t1147758\t1199590\n% Change\t(0.9)%\t\t3.8%\t8.5%\n", "q10k_tbl_116": "\tInterest Rate Scenario (change in basis points from Base)\t\t\t\t\t\n\tDown 100\tBase\tUp 100\tUp 200\tUp 300\tUp 400\n\t(in thousands)\t\t\t\t\t\nAssets\t34477744\t34013005\t33462593\t32884102\t32493211\t31942018\nLiabilities\t30084298\t29052741\t28125021\t27230099\t26343698\t25540101\nNet Present Value\t4393446\t4960264\t5337572\t5654003\t6149513\t6401917\n% Change\t(11.4)%\t\t7.6%\t14.0%\t24.0%\t29.1%\n", "q10k_tbl_117": "September 30 2020\t\t\tDecember 31 2019\t\t\nNotional\tNet Value\tWeighted Average Term (Years)\tNotional\tNet Value\tWeighted Average Term (Years)\n(dollars in thousands)\t\t\t\t\t\n734787\t(88876)\t18.0\t872595\t(53667)\t16.1\n", "q10k_tbl_118": "\tTotal Number of Shares Purchased (1)(2)\tAverage Price Paid Per Share\tTotal Number of Shares Purchased as Part of Publicly Announced Plans or Programs (2)\tApproximate Dollar Value of Shares That May Yet be Purchased Under the Plans or Programs\nJuly 2020\t13158\t36.16\t0\t178392414\nAugust 2020\t0\t0\t0\t178392414\nSeptember 2020\t1240\t31.21\t0\t178392414\nTotal\t14398\t35.85\t0\t178392414\n", "q10k_tbl_119": "3.1\tAmended and Restated Certificate of Incorporation effective as of May 19 2015 (incorporated by reference to Exhibit 3.1 of Western Alliance's Form 10-K filed with the SEC on March 1 2019.\n3.2\tAmended and Restated Bylaws of Western Alliance effective as of May 19 2015 (incorporated by reference to Exhibit 3.2 of Western Alliance's Form 8-K filed with the SEC on May 22 2015).\n3.3\tArticles of Conversion as filed with the Nevada Secretary of State on May 29 2014 (incorporated by reference to Exhibit 3.1 of Western Alliance's Form 8-K filed with the SEC on June 3 2014).\n3.4\tCertificate of Conversion as filed with the Delaware Secretary of State on May 29 2014 (incorporated by reference to Exhibit 3.2 of Western Alliance's Form 8-K filed with the SEC on June 3 2014).\n31.1*\tCEO Certification Pursuant Rule 13a-14(a)/15d-14(a).\n31.2*\tCFO Certification Pursuant Rule 13a-14(a)/15d-14(a).\n32**\tCEO and CFO Certification Pursuant to 18 U.S.C. Section 1350 as adopted pursuant to section 906 of the Sarbanes Oxley Act of 2002.\n101\tInteractive data files pursuant to Rule 405 of Regulation S-T: (i) the Consolidated Balance Sheets as of September 30 2020 and December 31 2019 (ii) the Consolidated Income Statements for the three months ended September 30 2020 and September 30 2019 and nine months ended September 30 2020 and 2019 (iii) the Consolidated Statements of Comprehensive Income for the three months ended September 30 2020 and September 30 2019 and nine months ended September 30 2020 and 2019 (iv) the Consolidated Statements of Stockholders' Equity for the three months ended September 30 2020 and September 30 2019 and the nine months September 30 2020 and 2019 (v) the Consolidated Statements of Cash Flows for the nine months ended September 30 2020 and 2019 and (vi) the Notes to unaudited Consolidated Financial Statements. (Pursuant to Rule 406T of Regulation S-T this information is deemed furnished and not filed for purposes of Sections 11 and 12 of the Securities Act of 1933 and Section 18 of the Securities Exchange Act of 1934.) (Filed herewith).\n104\tThe cover page of Western Alliance Bancorporation's Quarterly Report on Form 10-Q for the quarterly period ended September 30 2020 formatted in Inline XBRL (contained in Exhibit 101).\n"}{"bs": "q10k_tbl_2", "is": "q10k_tbl_3", "cf": "q10k_tbl_7"}None
Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
For the quarterly period ended September 30, 2020
or
☐
Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
For the transition period from__________ to __________
Commission file number: 001-32550
WESTERN ALLIANCE BANCORPORATION
(Exact name of registrant as specified in its charter)
Delaware
88-0365922
(State or other jurisdiction of incorporation or organization)
(I.R.S. Employer Identification No.)
One E. Washington Street, Suite 1400
Phoenix
Arizona
85004
(Address of principal executive offices)
(Zip Code)
(602) 389-3500
(Registrant’s telephone number, including area code)
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, $0.0001 Par Value
WAL
New York Stock Exchange
6.25% Subordinated Debentures due 2056
WALA
New York Stock Exchange
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. YesýNo¨
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).YesýNo¨
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.
Large accelerated filer
☒
Accelerated filer
☐
Non accelerated filer
☐
Smaller reporting company
☐
Emerging growth company
☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.¨
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒
As of October 26, 2020, Western Alliance Bancorporation had 100,829,164 shares of common stock outstanding.
The acronyms and abbreviations identified below are used in various sections of this Form 10-Q, including "Management's Discussion and Analysis of Financial Condition and Results of Operations," in Item 2 and the Consolidated Financial Statements and the Notes to Unaudited Consolidated Financial Statements in Item 1 of this Form 10-Q.
ENTITIES / DIVISIONS:
ABA
Alliance Bank of Arizona
HOA Services
Homeowner Associations Services
BON
Bank of Nevada
LVSP
Las Vegas Sunset Properties
Bridge
Bridge Bank
TPB
Torrey Pines Bank
Company
Western Alliance Bancorporation and subsidiaries
WA PWI
Western Alliance Public Welfare Investments, LLC
CSI
CS Insurance Company
WAB or Bank
Western Alliance Bank
FIB
First Independent Bank
WABT
Western Alliance Business Trust
HFF
Hotel Franchise Finance
WAL or Parent
Western Alliance Bancorporation
TERMS:
AFS
Available-for-Sale
HELOC
Home Equity Line of Credit
ALCO
Asset and Liability Management Committee
HFI
Held for Investment
AOCI
Accumulated Other Comprehensive Income
HTM
Held-to-Maturity
APIC
Additional paid in capital
ICS
Insured Cash Sweep Service
ASC
Accounting Standards Codification
IRC
Internal Revenue Code
ASU
Accounting Standards Update
ISDA
International Swaps and Derivatives Association
Basel III
Banking Supervision's December 2010 final capital framework