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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
ASSETS    
Cash and due from banks $ 13,425 $ 14,706
Interest-bearing deposits with financial institutions 87,088 142,151
Cash and cash equivalents 100,513 156,857
Interest-bearing time deposits with financial institutions 3,944 3,944
Investments held-to-maturity, at amortized cost (fair value of $8,147 and $8,461 as of March 31, 2017 and December 31, 2016, respectively) 8,272 8,565
Investment securities available-for-sale, at fair value 435,408 380,963
FHLB, FRB and other stock, at cost 37,811 37,304
Loans held for sale, at lower of cost or fair value 11,090 7,711
Loans held for investment 3,385,697 3,241,613
Allowance for loan losses (23,075) (21,296)
Loans held for investment, net 3,362,622 3,220,317
Accrued interest receivable 13,366 13,145
Other real estate owned 460 460
Premises and equipment 11,799 12,014
Deferred income taxes, net 12,744 16,807
Bank owned life insurance 40,696 40,409
Intangible assets 8,942 9,451
Goodwill 102,490 102,490
Other assets 24,271 25,874
Total Assets 4,174,428 4,036,311
Deposit accounts:    
Noninterest-bearing checking 1,232,578 1,185,768
Interest-bearing:    
Checking 191,399 182,893
Money market/savings 1,273,917 1,202,361
Retail certificates of deposit 381,738 375,203
Wholesale/brokered certificates of deposit 217,441 199,356
Total interest-bearing 2,064,495 1,959,813
Total deposits 3,297,073 3,145,581
FHLB advances and other borrowings 311,363 327,971
Subordinated debentures 69,413 69,383
Accrued expenses and other liabilities 25,554 33,636
Total Liabilities 3,703,403 3,576,571
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; 27,908,816 shares at March 31, 2017 and 27,798,283 shares at December 31, 2016 275 274
Additional paid-in capital 345,888 345,138
Retained earnings 126,570 117,049
Accumulated other comprehensive loss, net of tax (1,708) (2,721)
Total Stockholders' Equity 471,025 459,740
Total Liabilities and Stockholders' Equity $ 4,174,428 $ 4,036,311