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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
ASSETS    
Cash and due from banks $ 52,200 $ 46,721
Interest-earning deposits with other banks 31,910 28,688
Investment securities held-to-maturity (fair value $105,642 and $55,320 at September 30, 2018 and December 31, 2017, respectively) 108,142 55,564
Investment securities available-for-sale 336,933 391,457
Investments in equity securities 2,264  
Investments in equity securities   7,061
Federal Home Loan Bank, Federal Reserve Bank and other stock, at cost 33,071 27,204
Loans held for sale 106 1,642
Loans and leases held for investment 3,866,169 3,620,067
Less: Reserve for loan and lease losses (27,371) (21,555)
Net loans and leases held for investment 3,838,798 3,598,512
Premises and equipment, net 60,393 61,797
Goodwill 172,559 172,559
Other intangibles, net of accumulated amortization and fair value adjustments of $24,423 and $21,825 at September 30, 2018 and December 31, 2017, respectively 12,405 13,909
Bank owned life insurance 110,392 108,246
Accrued interest receivable and other assets 42,825 41,502
Total assets 4,801,998 4,554,862
LIABILITIES    
Noninterest-bearing deposits 1,047,081 1,040,026
Interest-bearing deposits:    
Demand deposits 1,350,720 1,109,438
Savings deposits 750,764 830,706
Time deposits 671,483 574,749
Total deposits 3,820,048 3,554,919
Short-term borrowings 86,765 105,431
Long-term debt 145,430 155,828
Subordinated notes 94,514 94,331
Accrued interest payable and other liabilities 40,999 40,979
Total liabilities 4,187,756 3,951,488
SHAREHOLDERS’ EQUITY    
Common stock, $5 par value: 48,000,000 shares authorized at September 30, 2018 and December 31, 2017; 31,556,799 shares issued at September 30, 2018 and December 31, 2017; 29,407,076 and 29,334,859 shares outstanding at September 30, 2018 and December 31, 2017, respectively 157,784 157,784
Additional paid-in capital 291,992 290,133
Retained earnings 235,658 216,761
Accumulated other comprehensive loss, net of tax benefit (28,664) (17,771)
Treasury stock, at cost; 2,149,723 and 2,221,940 shares at September 30, 2018 and December 31, 2017, respectively (42,528) (43,533)
Total shareholders’ equity 614,242 603,374
Total liabilities and shareholders’ equity $ 4,801,998 $ 4,554,862