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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
ASSETS    
Cash and due from banks $ 47,876 $ 48,757
Interest-earning deposits with other banks 31,614 9,068
Investment securities held-to-maturity (fair value $45,633 and $24,871 at September 30, 2017 and December 31, 2016, respectively) 45,542 24,881
Investment securities available-for-sale 398,280 443,637
Federal Home Loan Bank, Federal Reserve Bank and other stock, at cost 27,244 24,869
Loans held for sale 2,228 5,890
Loans and leases held for investment 3,487,164 3,285,886
Less: Reserve for loan and lease losses (20,543) (17,499)
Net loans and leases held for investment 3,466,621 3,268,387
Premises and equipment, net 64,586 63,638
Goodwill 172,559 172,559
Other intangibles, net of accumulated amortization and fair value adjustments of $20,786 and $17,597 at September 30, 2017 and December 31, 2016, respectively 14,567 16,651
Bank owned life insurance 100,158 99,948
Accrued interest receivable and other assets 46,088 52,243
Total assets 4,417,363 4,230,528
LIABILITIES    
Noninterest-bearing deposits 987,881 918,337
Interest-bearing deposits:    
Demand deposits 1,105,211 909,963
Savings deposits 854,338 803,078
Time deposits 571,160 626,189
Total deposits 3,518,590 3,257,567
Short-term borrowings 32,091 196,171
Long-term debt 206,168 127,522
Subordinated notes 94,270 94,087
Accrued interest payable and other liabilities 37,446 49,972
Total liabilities 3,888,565 3,725,319
SHAREHOLDERS’ EQUITY    
Common stock, $5 par value: 48,000,000 shares authorized at September 30, 2017 and December 31, 2016; 28,911,799 shares issued at September 30, 2017 and December 31, 2016; 26,671,336 and 26,589,353 shares outstanding at September 30, 2017 and December 31, 2016, respectively 144,559 144,559
Additional paid-in capital 232,172 230,494
Retained earnings 212,363 194,516
Accumulated other comprehensive loss, net of tax benefit (16,343) (19,454)
Treasury stock, at cost; 2,240,463 and 2,322,446 shares at September 30, 2017 and December 31, 2016, respectively (43,953) (44,906)
Total shareholders’ equity 528,798 505,209
Total liabilities and shareholders’ equity $ 4,417,363 $ 4,230,528