XML 14 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED STATEMENTS OF CONDITION - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Assets    
Cash and due from banks $ 203,545 $ 48,804
Investment securities    
Held-to-maturity, at amortized cost 151,032 44,438
Available-for-sale, at fair value 332,467 372,580
Total investment securities 483,499 417,018
Loans, net of allowance for loan losses of $15,767 and $15,442 at December 31, 2017 and 2016, respectively 1,663,246 1,471,174
Bank premises and equipment, net 8,612 8,520
Goodwill 30,140 6,436
Core deposit intangible 6,492 2,580
Interest receivable and other assets 72,620 68,961
Total assets 2,468,154 2,023,493
Deposits    
Non-interest bearing 1,014,103 817,031
Interest bearing    
Transaction accounts 169,195 100,723
Savings accounts 178,473 163,516
Money market accounts 626,783 539,967
Time accounts 160,116 151,463
Total deposits 2,148,670 1,772,700
Subordinated debentures 5,739 5,586
Interest payable and other liabilities 16,720 14,644
Total liabilities 2,171,129 1,792,930
Stockholders' Equity    
Preferred stock, no par value, Authorized - 5,000,000 shares, none issued 0 0
Common stock, no par value, Authorized - 15,000,000 shares; Issued and outstanding - 6,921,542 and 6,127,314 at December 31, 2017 and 2016, respectively 143,967 87,392
Retained earnings 155,544 146,464
Accumulated other comprehensive loss, net (2,486) (3,293)
Total stockholders' equity 297,025 230,563
Total liabilities and stockholders' equity $ 2,468,154 $ 2,023,493