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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Jun. 30, 2014
ASSETS      
Cash and due from banks $ 82,552 $ 110,650 $ 120,016
Federal funds sold 525 275 276
Cash and cash equivalents 83,077 110,925 120,292
Investment securities available for sale 280,434 201,638 235,116
FHLB and other stock, at cost 22,843 17,067 18,494
Loans held for investment 2,118,560 1,628,622 1,466,768
Allowance for loan losses (15,100) (12,200) (9,733)
Loans held for investment, net 2,103,460 1,616,422 1,457,035
Accrued interest receivable 9,072 7,131 6,645
Other real estate owned 711 1,037 752
Premises and equipment 9,394 9,165 9,344
Deferred income taxes 12,305 9,383 10,796
Bank owned life insurance 38,665 26,822 26,445
Intangible assets 7,858 5,614 6,121
Goodwill 50,832 22,950 22,950
Other assets 18,105 10,743 7,535
TOTAL ASSETS 2,636,756 2,038,897 1,921,525
Deposit accounts:      
Noninterest bearing checking 635,695 456,754 410,843
Interest-bearing:      
Checking 135,228 131,635 128,911
Money market/savings 795,725 600,764 533,672
Retail certificates of deposit 402,262 365,168 367,299
Wholesale/brokered certificates of deposit 127,073 76,505 4,856
Total interest-bearing 1,460,288 1,174,072 1,034,738
Total deposits 2,095,983 1,630,826 1,445,581
FHLB advances and other borrowings 167,389 116,643 255,287
Subordinated debentures 70,310 70,310 10,310
Accrued expenses and other liabilities 21,481 21,526 18,166
TOTAL LIABILITIES 2,355,163 1,839,305 1,729,344
STOCKHOLDERS’ EQUITY:      
Common stock, $.01 par value; 50,000,000 shares authorized; 21,510,558 shares at June 30, 2015, 16,903,884 shares at December 31, 2014, and 17,068,641 shares at June 30, 2014 issued and outstanding 215 169 171
Additional paid-in capital 220,759 147,474 149,942
Retained earnings 61,044 51,431 42,090
Accumulated other comprehensive income (loss), net of tax (benefit) of $(297) at June 30, 2015, $362 at December 31, 2014 and ($16) at June 30, 2014 (425) 518 (22)
TOTAL STOCKHOLDERS’ EQUITY 281,593 199,592 192,181
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 2,636,756 $ 2,038,897 $ 1,921,525