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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Assets    
Cash and due from banks $ 31,681 $ 27,993
Other investments and interest-bearing deposits in other financial institutions 284,541 238,110
Total cash and cash equivalents 316,222 266,103
Securities available-for-sale, at fair value 391,852 306,589
Securities held-to-maturity, at amortized cost (fair value of $394,292 at December 31, 2017 and $318,748 at December 31, 2016) 398,341 324,010
Loans held-for-sale - SBA, at lower of cost or fair value, including deferred costs 3,419 5,705
Loans, net of deferred fees 1,582,667 1,502,607
Allowance for loan losses (19,658) (19,089)
Loans, net 1,563,009 1,483,518
Federal Home Loan Bank and Federal Reserve Bank stock and other investments, at cost 17,911 15,196
Company-owned life insurance 60,814 59,148
Premises and equipment, net 7,353 7,490
Goodwill 45,664 45,664
Other intangible assets 5,589 6,950
Accrued interest receivable and other assets 33,278 50,507
Total assets 2,843,452 2,570,880
Deposits:    
Demand, noninterest-bearing 989,753 917,187
Demand, interest-bearing 601,929 541,282
Savings and money market 684,131 572,743
Time deposits - under $250 51,710 57,857
Time deposits - $250 and over 138,634 163,670
CDARS - interest-bearing demand, money market and time deposits 16,832 9,401
Total deposits 2,482,989 2,262,140
Subordinated debt, net of issuance costs 39,183  
Accrued interest payable and other liabilities 50,041 48,890
Total liabilities 2,572,213 2,311,030
Commitments and contingencies (Notes 7 and 15)
Shareholders' equity:    
Preferred stock, no par value; 10,000,000 shares authorized; none issued and outstanding
Common stock, no par value; 60,000,000 shares authorized; 38,200,883 shares issued and outstanding at December 31, 2017 and 37,941,007 shares issued and outstanding at December 31, 2016 218,355 215,237
Retained earnings 62,136 52,527
Accumulated other comprehensive loss (9,252) (7,914)
Total shareholders' equity 271,239 259,850
Total liabilities and shareholders' equity $ 2,843,452 $ 2,570,880