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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Deposits:    
Non-interest bearing $ 431,480 $ 342,636
Interest bearing 1,833,779 1,389,932
Total deposits 2,265,259 1,732,568
Cash and due from banks:    
Non-interest bearing 57,244 42,570
Interest bearing 51,675 72,722
Federal funds sold 14,118 492
Cash and cash equivalents 123,037 115,784
Certificates of deposit investments 26,270 25,000
Investment securities:    
Available-for-sale, at fair value 556,626 518,848
Held-to-maturity, at amortized cost (estimated fair value of $102,648 and $85,737 at September 30, 2016 and December 31, 2015, respectively) 101,679 85,208
Loans held for sale 3,584 968
Loans 1,803,161 1,280,921
Less allowance for loan losses (16,161) (14,576)
Net loans 1,787,000 1,266,345
Interest receivable 10,271 8,085
Other real estate owned 2,096 477
Premises and equipment, net 40,695 31,340
Goodwill, net 57,791 41,007
Intangible assets, net 13,418 8,997
Bank Owned Life Insurance 41,031 0
Other assets 20,450 12,440
Total assets 2,783,948 2,114,499
Liabilities and Stockholders' Equity    
Securities sold under agreements to repurchase 127,432 128,842
Interest payable 593 356
Federal Home Loan Bank Advances Short and Long Term 50,109 20,000
Other borrowings 22,000 0
Junior subordinated debentures 23,892 20,620
Dividends Payable 0 550
Other liabilities 7,398 6,554
Total liabilities 2,496,683 1,909,490
Stockholders' Equity    
Convertible preferred stock, no par value; authorized 1,000,000 shares; issued 0 shares in 2016 and 5,500 shares in 2015 0 27,400
Common stock, $4 par value; authorized 18,000,000 shares; issued 13,007,205 and 9,003,710 shares in 2016 and 2015, respectively 54,029 38,015
Additional paid-in capital 158,356 79,626
Retained earnings 81,412 71,712
Deferred compensation 3,056 3,245
Accumulated other comprehensive income 6,076 723
Less treasury stock at cost, 549,743 shares in 2016 and 2015 (15,664) (15,712)
Total stockholders’ equity 287,265 205,009
Total liabilities and stockholders’ equity $ 2,783,948 $ 2,114,499