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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Assets:    
Cash and due from banks $ 106,185 $ 93,222
Short-term investments 1,612 4,409
Mortgage loans held for sale (including $29,434 in 2016 and $33,969 in 2015 measured at fair value) 29,434 38,554
Securities:    
Available for sale, at fair value 739,912 375,044
Held to maturity, at amortized cost (fair value $15,920 in 2016 and $20,516 in 2015) 15,633 20,023
Total securities 755,545 395,067
Federal Home Loan Bank stock, at cost 43,129 24,316
Loans:    
Total loans [1] 3,234,371 3,013,127
Less allowance for loan losses 26,004 27,069
Net loans 3,208,367 2,986,058
Premises and equipment, net 29,020 29,593
Investment in bank-owned life insurance 71,105 65,501
Goodwill 64,059 64,059
Identifiable intangible assets, net 10,175 11,460
Other assets 62,484 59,365
Total assets 4,381,115 3,771,604
Liabilities:    
Demand deposits 585,960 537,298
NOW accounts 427,707 412,602
Money market accounts 730,075 823,490
Savings accounts 358,397 326,967
Time deposits 961,613 833,898
Total deposits 3,063,752 2,934,255
Federal Home Loan Bank advances 848,930 378,973
Junior subordinated debentures 22,681 22,681
Other liabilities 54,948 60,307
Total liabilities 3,990,311 3,396,216
Commitments and contingencies
Shareholders’ Equity:    
Common stock of $.0625 par value; authorized 60,000,000 shares at December 31, 2016 and 30,000,000 at December 31, 2015; issued and outstanding 17,170,820 shares at December 31, 2016 and 17,019,578 shares at December 31, 2015 1,073 1,064
Paid-in capital 115,123 110,949
Retained earnings 294,365 273,074
Accumulated other comprehensive loss (19,757) (9,699)
Total shareholders’ equity 390,804 375,388
Total liabilities and shareholders’ equity 4,381,115 3,771,604
Commercial [Member]    
Loans:    
Total loans 1,771,666 1,654,547
Residential Real Estate [Member]    
Loans:    
Total loans 1,122,748 1,013,555
Consumer [Member]    
Loans:    
Total loans $ 339,957 $ 345,025
[1] Includes net unamortized loan origination costs of $3.0 million and $2.6 million, respectively, and net unamortized premiums on purchased loans of $783 thousand and $84 thousand, respectively, at December 31, 2016 and 2015.