BankUnited Inc
For the period ended Mar 31, 2024. Filed Apr 25, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed Apr 25, 2024
BKU$44.25+0.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Glossary of Defined Termsii
GLOSSARY OF DEFINED TERMS
The following acronyms and terms may be used throughout this Form 10-Q, including the consolidated financial statements and related notes.
| ACL | Allowance for credit losses |
|---|---|
| AFS | Available for sale |
| ALCO | Asset Liability Committee |
| ALM | Asset Liability Management |
| AOCI | Accumulated other comprehensive income |
| ARM | Adjustable rate mortgage |
| ASU | Accounting Standards Update |
| BKU | BankUnited, Inc. |
| BOLI | Bank Owned Life Insurance |
| BankUnited | BankUnited, National Association |
| The Bank | BankUnited, National Association |
| Bridge | Bridge Funding Group, Inc. |
| Buyout loans | FHA and VA insured mortgages from third party servicers who have exercised their right to purchase these loans out of GNMA securitizations |
| CD | Certificate of Deposit |
| CECL | Current expected credit losses |
| CET1 | Common Equity Tier 1 capital |
| C&I | Commercial and Industrial loans, including owner-occupied commercial real estate |
| CIO | Chief Information Officer |
| CLO | Collateralized loan obligations |
| CMBS | Commercial mortgage-backed securities |
| CME | Chicago Mercantile Exchange |
| CMOs | Collateralized mortgage obligations |
| CRE | Commercial real estate loans, including non-owner occupied commercial real estate and construction and land |
| DSCR | Debt Service Coverage Ratio |
| ESG | Environmental, social and governance |
| EVE | Economic value of equity |
| FDIA | Federal Deposit Insurance Act |
| FDIC | Federal Deposit Insurance Corporation |
| FHA | Federal Housing Administration |
| FHFA | Federal Housing Finance Agency |
| FHLB | Federal Home Loan Bank |
| FICO | Fair Isaac Corporation (credit score) |
| FinTech | Financial Technology |
| FRB | Federal Reserve Bank |
| GAAP | U.S. generally accepted accounting principles |
| GDP | Gross Domestic Product |
| GNMA | Government National Mortgage Association |
| HPI | Home price indices |
| HTM | Held to maturity |
| ISDA | International Swaps and Derivatives Association |
| LGD | Loss Given Default |
| LIHTC | Low Income Housing Tax Credits |
| LTV | Loan-to-value |
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| MAT | Materiality Assessment Team |
|---|---|
| MBS | Mortgage-backed securities |
| MSA | Metropolitan Statistical Area |
| MWL | Mortgage warehouse lending |
| NRSRO | Nationally recognized statistical rating organization |
| OREO | Other real estate owned |
| PCAOB | Public Company Accounting Oversight Board |
| PCD | Purchased credit-deteriorated |
| PD | Probability of default |
| Pinnacle | Pinnacle Public Finance, Inc. |
| REIT | Real Estate Investment Trust |
| RPA | Risk Participation Agreement |
| SAR | Share Appreciation Right |
| SBA | U.S. Small Business Administration |
| SEC | Securities and Exchange Commission |
| SOFR | Secured Overnight Financing Rate |
| Tri-State | New York, New Jersey and Connecticut |
| UPB | Unpaid principal balance |
| VA loan | Loan guaranteed by the U.S. Department of Veterans Affairs |
iii
Part I
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.