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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Assets    
Cash and due from banks $ 46,340 $ 31,681
Other investments and interest-bearing deposits in other financial institutions 177,448 284,541
Total cash and cash equivalents 223,788 316,222
Securities available-for-sale, at fair value 335,923 391,852
Securities held-to-maturity, at amortized cost (fair value of $375,320 at June 30, 2018 and $394,292 at December 31, 2017) 388,603 398,341
Loans held-for-sale - SBA, at lower of cost or fair value, including deferred costs 5,745 3,419
Loans, net of deferred fees 1,956,633 1,582,667
Allowance for loan losses (26,664) (19,658)
Loans, net 1,929,969 1,563,009
Federal Home Loan Bank and Federal Reserve Bank stock and other investments, at cost 22,865 17,911
Company-owned life insurance 61,414 60,814
Premises and equipment, net 7,355 7,353
Goodwill 84,417 45,664
Other intangible assets 12,293 5,589
Accrued interest receivable and other assets 50,835 33,278
Total assets 3,123,207 2,843,452
Deposits:    
Demand, noninterest-bearing 1,002,053 989,753
Demand, interest-bearing 683,805 601,929
Savings and money market 827,304 684,131
Time deposits - under $250 72,030 51,710
Time deposits - $250 and over 81,379 138,634
CDARS - interest-bearing demand, money market and time deposits 17,048 16,832
Total deposits 2,683,619 2,482,989
Subordinated debt, net of issuance costs 39,275 39,183
Accrued interest payable and other liabilities 54,044 50,041
Total liabilities 2,776,938 2,572,213
Shareholders' equity:    
Preferred stock, no par value; 10,000,000 shares authorized; none issued and outstanding at June 30, 2018 and December 31, 2017
Common stock, no par value; 60,000,000 shares authorized; 43,222,184 shares issued and outstanding at June 30, 2018 and 38,200,883 shares issued and outstanding at December 31, 2017 299,224 218,355
Retained earnings 62,911 62,136
Accumulated other comprehensive loss (15,866) (9,252)
Total shareholders' equity 346,269 271,239
Total liabilities and shareholders' equity $ 3,123,207 $ 2,843,452