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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
ASSETS    
Cash and due from banks $ 156,679 $ 142,408
Short-term investments 19,501 24,872
Total cash and cash equivalents 176,180 167,280
Securities available for sale (carried at fair value) 538,493 504,191
Real estate mortgage loans held for sale 3,346 5,915
Loans, net of allowance for loan losses of $47,121 and $43,718 3,771,338 3,427,209
Land, premises and equipment, net 56,466 52,092
Bank owned life insurance 75,879 74,006
Federal Reserve and Federal Home Loan Bank Stock 13,772 11,522
Accrued interest receivable 14,093 11,687
Goodwill 4,970 4,970
Other assets 28,439 31,153
Total assets 4,682,976 4,290,025
LIABILITIES    
Noninterest bearing deposits 885,622 819,803
Interest bearing deposits 3,123,033 2,758,109
Total deposits 4,008,655 3,577,912
Borrowings    
Securities sold under agreements to repurchase 70,652 50,045
Federal Home Loan Bank advances 80,030 180,032
Subordinated debentures 30,928 30,928
Total borrowings 181,610 261,005
Accrued interest payable 6,311 5,676
Other liabilities 17,733 18,365
Total liabilities 4,214,309 3,862,958
Commitments, off-balance sheet risks and contingencies (Notes 1 and 18)
STOCKHOLDERS' EQUITY    
Common stock: 90,000,000 shares authorized, no par value 25,194,903 shares issued and 25,025,933 outstanding as of December 31, 2017 25,096,087 shares issued and 24,937,865 outstanding as of December 31, 2016 108,862 104,405
Retained earnings 363,794 327,873
Accumulated other comprehensive income (loss) (670) (2,387)
Treasury stock, at cost (2017 - 168,970 shares, 2016 - 158,222 shares) (3,408) (2,913)
Total stockholders' equity 468,578 426,978
Noncontrolling interest 89 89
Total equity 468,667 427,067
Total liabilities and stockholders' equity $ 4,682,976 $ 4,290,025