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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Cash and due from banks:    
Non-interest bearing $ 42,570 $ 40,716
Interest bearing 72,722 10,520
Federal funds sold 492 494
Cash and cash equivalents 115,784 51,730
Certificates of deposit investments 25,000 0
Investment securities:    
Available-for-sale, at fair value 518,848 377,856
Held-to-maturity, at amortized cost (estimated fair value of $85,737 at December 31, 2015 and $53,937 at December 31, 2014) 85,208 53,650
Loans held for sale 968 1,958
Loans 1,280,921 1,060,448
Less allowance for loan losses (14,576) (13,682)
Net loans 1,266,345 1,046,766
Interest receivable 8,085 6,828
Other real estate owned 477 263
Premises and equipment, net 31,340 27,352
Goodwill, net 41,007 25,753
Intangible assets, net 8,997 1,844
Other assets 12,440 13,103
Total assets 2,114,499 1,607,103
Deposits:    
Non-interest bearing 342,636 222,116
Interest bearing 1,389,932 1,049,961
Total deposits 1,732,568 1,272,077
Repurchase agreements with customers 128,842 121,869
Interest payable 356 285
Other borrowings 20,000 20,000
Junior subordinated debentures 20,620 20,620
Dividends payable 550 530
Other liabilities 6,554 6,806
Total liabilities 1,909,490 1,442,187
Stockholders' Equity    
Convertible preferred stock, no par value; authorized 1,000,000 shares; issued 5,500 shares in 2015 and 2014 27,400 27,400
Common stock, $4 par value; authorized 18,000,000 shares; issued 9,003,710 shares in 2015 and 7,529,815 shares in 2014 38,015 32,119
Additional paid-in capital 79,626 55,607
Retained earnings 71,712 61,956
Deferred compensation 3,245 3,329
Accumulated other comprehensive income (loss) 723 (875)
Less treasury stock at cost, 549,743 shares in 2015 and 496,497 shares in 2014 (15,712) (14,620)
Total stockholders’ equity 205,009 164,916
Total liabilities and stockholders’ equity $ 2,114,499 $ 1,607,103