XML 12 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
ASSETS    
Cash and due from banks $ 57,915 $ 102,280
Interest earning deposits with banks 29,038 11,558
Total cash and cash equivalents 86,953 113,838
Securities available for sale, at fair value 792,058 819,722
Securities held to maturity (fair value of $190,105 and $222,878, respectively) 189,603 223,237
Total securities 981,661 1,042,959
Securities, restricted 34,234 34,743
Loans held for investment 2,921,705 2,600,440
Allowance for loan losses (29,273) (25,904)
Loans, net 2,892,432 2,574,536
Premises and equipment, net 35,000 35,263
Accrued interest receivable 11,005 10,233
Goodwill 105,950 105,950
Other intangible assets 5,220 5,824
Prepaid pension 9,405 7,070
Bank owned life insurance 86,933 85,243
Other assets 35,485 38,911
Total Assets 4,284,278 4,054,570
LIABILITIES AND STOCKHOLDERS' EQUITY    
Demand deposits 1,194,819 1,151,268
Savings, NOW and money market deposits 1,785,184 1,568,009
Certificates of deposit of $100,000 or more 159,511 126,198
Other time deposits 63,794 80,534
Total deposits 3,203,308 2,926,009
Federal funds purchased 50,000 100,000
Federal Home Loan Bank advances 476,674 496,684
Repurchase agreements 846 674
Subordinated debentures, net 78,606 78,502
Junior subordinated debentures, net   15,244
Other liabilities and accrued expenses 32,905 29,470
Total Liabilities 3,842,339 3,646,583
Commitments and Contingencies
Stockholders' equity:    
Preferred stock, par value $.01 per share (2,000,000 shares authorized; none issued)
Common stock, par value $.01 per share (40,000,000 shares authorized; 19,713,717 and 19,106,246 shares issued, respectively; and 19,706,526 and 19,100,389 shares outstanding, respectively) 197 191
Surplus 346,778 329,427
Retained earnings 105,379 91,594
Treasury stock at cost, 7,191 and 5,857 shares, respectively (206) (161)
Total stockholders' equity before accumulated other comprehensive income (loss) 452,148 421,051
Accumulated other comprehensive loss, net of income taxes (10,209) (13,064)
Total Stockholders' Equity 441,939 407,987
Total Liabilities and Stockholders' Equity $ 4,284,278 $ 4,054,570