XML 13 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
ASSETS    
Cash and due from banks $ 36,404 $ 32,356
Interest-earning deposits with other banks 8,286 28,443
Federal funds sold 48,500 0
Investment securities held-to-maturity (fair value $32,946 and $41,061 at June 30, 2016 and December 31, 2015, respectively) 32,885 40,990
Investment securities available-for-sale 254,095 329,770
Loans held for sale 4,657 4,680
Loans and leases held for investment 2,345,037 2,179,013
Less: Reserve for loan and lease losses (17,153) (17,628)
Net loans and leases held for investment 2,327,884 2,161,385
Premises and equipment, net 44,437 42,156
Goodwill 112,657 112,657
Other intangibles, net of accumulated amortization and fair value adjustments of $15,234 and $15,360 at June 30, 2016 and December 31, 2015, respectively 11,677 12,620
Bank owned life insurance 72,565 71,560
Funds advanced for merger settlement 98,885 0
Accrued interest receivable and other assets 54,685 42,834
Total assets 3,107,617 2,879,451
LIABILITIES    
Noninterest-bearing deposits 689,916 541,460
Interest-bearing deposits:    
Demand deposits 674,847 790,800
Savings deposits 652,129 607,694
Time deposits 360,192 454,406
Total deposits 2,377,084 2,394,360
Short-term borrowings 260,216 24,211
Subordinated notes 49,450 49,377
Accrued interest payable and other liabilities 51,707 49,929
Total liabilities 2,738,457 2,517,877
SHAREHOLDERS’ EQUITY    
Common stock, $5 par value: 48,000,000 shares authorized at June 30, 2016 and December 31, 2015; 22,054,270 shares issued at June 30, 2016 and December 31, 2015; 19,557,958 and 19,530,930 shares outstanding at June 30, 2016 and December 31, 2015, respectively 110,271 110,271
Additional paid-in capital 121,399 121,280
Retained earnings 198,156 193,446
Accumulated other comprehensive loss, net of tax benefit (14,370) (16,708)
Treasury stock, at cost; 2,496,312 and 2,523,340 shares at June 30, 2016 and December 31, 2015, respectively (46,296) (46,715)
Total shareholders’ equity 369,160 361,574
Total liabilities and shareholders’ equity $ 3,107,617 $ 2,879,451