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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
ASSETS    
Cash and due from banks $ 14,706 $ 14,935
Interest-bearing deposits with financial institutions 142,151 63,482
Cash and cash equivalents 156,857 78,417
Interest-bearing time deposits with financial institutions 3,944 1,972
Investments held-to-maturity, at amortized cost (fair value of $8,461 and $9,572 as of December 31, 2016 and December 31, 2015, respectively) 8,565 9,642
Investment securities available-for-sale, at fair value 380,963 280,273
FHLB, FRB and other stock, at cost 37,304 22,292
Loans held for sale, at lower of cost or fair value 7,711 8,565
Loans held for investment 3,241,613 2,254,315
Allowance for loan losses (21,296) (17,317)
Loans held for investment, net 3,220,317 2,236,998
Accrued interest receivable 13,145 9,315
Other real estate owned 460 1,161
Premises and equipment 12,014 9,248
Deferred income taxes, net 16,807 11,511
Bank owned life insurance 40,409 39,245
Intangible assets 9,451 7,170
Goodwill 102,490 50,832
Other assets 25,874 22,958
Total Assets 4,036,311 2,789,599
Deposit accounts:    
Noninterest-bearing checking 1,185,672 711,771
Interest-bearing:    
Checking 182,893 137,975
Money market/savings 1,202,361 824,402
Retail certificates of deposit 375,203 365,911
Wholesale/brokered certificates of deposit 199,356 155,064
Total interest-bearing 1,959,813 1,483,352
Total deposits 3,145,485 2,195,123
FHLB advances and other borrowings 327,971 196,125
Subordinated debentures 69,383 69,263
Accrued expenses and other liabilities 33,732 30,108
Total liabilities 3,576,571 2,490,619
STOCKHOLDERS’ EQUITY:    
Common stock, $.01 par value; 100,000,000 shares authorized; 27,798,283 shares at December 31, 2016 and 50,000,000 shares authorized; 21,570,746 shares at December 31, 2015 issued and outstanding 274 215
Additional paid-in capital 345,138 221,487
Retained earnings 117,049 76,946
Accumulated other comprehensive (loss) income, net of (benefit) tax of $(1,978) at December 31, 2016 and $230 at December 31, 2015 (2,721) 332
Total Stockholders' Equity 459,740 298,980
Total Liabilities and Stockholders' Equity $ 4,036,311 $ 2,789,599