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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2016
Dec. 31, 2015
ASSETS    
Cash and due from banks $ 61,213,134 $ 41,742,321
Federal funds sold 21,022,000 19,850,000
Interest-bearing deposits at financial institutions 75,025,417 36,313,965
Securities held to maturity, at amortized cost 306,740,174 253,674,159
Securities available for sale, at fair value 258,190,081 323,434,982
Total securities 564,930,255 577,109,141
Loans receivable held for sale 1,377,875 565,850
Loans/leases receivable held for investment 2,359,222,637 1,797,456,825
Gross loans/leases receivable 2,360,600,512 1,798,022,675
Less allowance for estimated losses on loans/leases (28,826,835) (26,140,906)
Net loans/leases receivable 2,331,773,677 1,771,881,769
Bank-owned life insurance 56,810,035 55,485,655
Premises and equipment, net 59,484,141 37,350,352
Restricted investment securities 14,999,425 14,835,925
Other real estate owned, net 5,807,603 7,150,658
Goodwill 13,631,626 3,222,688
Net book value 7,613,593 1,471,409
Other assets 68,675,203 26,784,392
Total assets 3,280,986,109 2,593,198,275
LIABILITIES    
Noninterest-bearing 764,614,548 615,292,211
Interest-bearing 1,830,298,205 1,265,373,973
Total deposits 2,594,912,753 1,880,666,184
Short-term borrowings 60,015,417 144,662,716
Federal Home Loan Bank advances 138,642,529 151,000,000
Other borrowings 80,000,000 110,000,000
Junior subordinated debentures 33,446,578 38,499,052
Other liabilities 93,111,672 42,484,573
Total liabilities 3,000,128,949 2,367,312,525
STOCKHOLDERS' EQUITY    
Preferred stock, $1 par value; shares authorized 250,000; June 2016 and December 2015 - No shares issued or outstanding
Common stock, $1 par value; shares authorized 20,000,000; June 2016 - 13,057,368 shares issued and outstanding; December 2015 - 11,761,083 shares issued and outstanding 13,075,307 11,761,083
Additional paid-in capital 155,950,678 123,282,851
Retained earnings 110,610,144 92,965,645
Securities available for sale 2,379,584 (1,324,408)
Interest rate cap derivatives (1,158,553) (799,421)
Total stockholders' equity 280,857,160 225,885,750
Total liabilities and stockholders' equity $ 3,280,986,109 $ 2,593,198,275