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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
ASSETS    
Cash and due from banks $ 15,444 $ 14,935
Interest bearing deposits with financial institutions 169,855 63,482
Cash and cash equivalents 185,299 78,417
Interest bearing time deposits with financial institutions 3,944 1,972
Investments held to maturity, at amortized cost (fair value of $9,390 and $9,572 as of June 30, 2016 and December 31, 2015, respectively) 9,292 9,642
Investment securities available for sale, at fair value 245,471 280,273
FHLB, FRB and other stock, at cost 26,984 22,292
Loans held for sale, at lower of cost or market 10,116 8,565
Loans held for investment 2,920,619 2,254,315
Allowance for loan losses (18,955) (17,317)
Loans held for investment, net 2,901,664 2,236,998
Accrued interest receivable 12,143 9,315
Other real estate owned 711 1,161
Premises and equipment 11,014 9,248
Deferred income taxes, net 16,552 11,511
Bank owned life insurance 39,824 39,245
Intangible assets 10,500 7,170
Goodwill 101,939 50,832
Other assets 23,200 24,005
Total Assets 3,598,653 2,790,646
Deposit accounts:    
Noninterest bearing checking 1,043,361 711,771
Interest-bearing:    
Checking 168,669 134,999
Money market/savings 1,099,445 827,378
Retail certificates of deposit 420,673 365,911
Wholesale/brokered certificates of deposit 198,853 155,064
Total interest-bearing 1,887,640 1,483,352
Total deposits 2,931,001 2,195,123
FHLB advances and other borrowings 120,252 196,125
Subordinated debentures 70,310 70,310
Accrued expenses and other liabilities 36,460 30,108
Total Liabilities 3,158,023 2,491,666
STOCKHOLDERS’ EQUITY:    
Preferred stock, $.01 par value; 1,000,000 authorized; none issued and outstanding 0 0
Common stock, $.01 par value; 100,000,000 shares authorized; 27,650,533 shares at June 30, 2016 and 21,510,746 shares at December 31, 2015 273 215
Additional paid-in capital 342,388 221,487
Retained earnings 95,869 76,946
Accumulated other comprehensive income, net of tax 2,100 332
Total Stockholder's Equity 440,630 298,980
Total Liabilities and Stockholder's Equity $ 3,598,653 $ 2,790,646