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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
ASSETS    
Cash and due from banks $ 48,821 $ 48,757
Interest-earning deposits with other banks 12,236 9,068
Investment securities held-to-maturity (fair value $43,737 and $24,871 at June 30, 2017 and December 31, 2016, respectively) 43,717 24,881
Investment securities available-for-sale 425,590 443,637
Federal Home Loan Bank, Federal Reserve Bank and other stock, at cost 31,506 24,869
Loans held for sale 2,259 5,890
Loans and leases held for investment 3,510,170 3,285,886
Less: Reserve for loan and lease losses (20,910) (17,499)
Net loans and leases held for investment 3,489,260 3,268,387
Premises and equipment, net 65,581 63,638
Goodwill 172,559 172,559
Other intangibles, net of accumulated amortization and fair value adjustments of $19,743 and $17,597 at June 30, 2017 and December 31, 2016, respectively 15,235 16,651
Bank owned life insurance 99,437 99,948
Accrued interest receivable and other assets 47,326 52,243
Total assets 4,453,527 4,230,528
LIABILITIES    
Noninterest-bearing deposits 963,790 918,337
Interest-bearing deposits:    
Demand deposits 990,930 909,963
Savings deposits 846,522 803,078
Time deposits 546,838 626,189
Total deposits 3,348,080 3,257,567
Short-term borrowings 231,726 196,171
Long-term debt 216,610 127,522
Subordinated notes 94,209 94,087
Accrued interest payable and other liabilities 41,596 49,972
Total liabilities 3,932,221 3,725,319
SHAREHOLDERS’ EQUITY    
Common stock, $5 par value: 48,000,000 shares authorized at June 30, 2017 and December 31, 2016; 28,911,799 shares issued at June 30, 2017 and December 31, 2016; 26,667,991 and 26,589,353 shares outstanding at June 30, 2017 and December 31, 2016, respectively 144,559 144,559
Additional paid-in capital 231,289 230,494
Retained earnings 206,498 194,516
Accumulated other comprehensive loss, net of tax benefit (17,182) (19,454)
Treasury stock, at cost; 2,243,808 and 2,322,446 shares at June 30, 2017 and December 31, 2016, respectively (43,858) (44,906)
Total shareholders’ equity 521,306 505,209
Total liabilities and shareholders’ equity $ 4,453,527 $ 4,230,528