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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
ASSETS    
Cash and due from financial institutions $ 214,407 $ 35,561
Securities available for sale 201,786 196,249
Loans held for sale 2,193 2,698
Loans, net of allowance of $14,433 and $14,361 991,370 987,166
Other securities 13,550 13,452
Premises and equipment, net 16,773 16,944
Accrued interest receivable 4,395 3,902
Goodwill 27,095 27,095
Other intangibles 2,242 2,409
Bank owned life insurance 23,218 20,104
Other assets 9,867 9,461
Total assets 1,506,896 1,315,041
Deposits    
Noninterest-bearing 511,024 300,615
Interest-bearing 768,756 751,418
Total deposits 1,279,780 1,052,033
Federal Home Loan Bank advances 17,500 71,200
Securities sold under agreements to repurchase 24,272 25,040
Subordinated debentures 29,427 29,427
Accrued expenses and other liabilities 25,377 12,168
Total liabilities 1,376,356 1,189,868
SHAREHOLDERS' EQUITY    
Common shares, no par value, 20,000,000 shares authorized, 8,623,136 shares issued at March 31, 2016 and 8,591,542 shares issued at December 31, 2015 115,442 115,330
Retained earnings 9,242 5,300
Treasury shares, 747,964 shares at cost (17,235) (17,235)
Accumulated other comprehensive income (loss) 818 (495)
Total shareholders' equity 130,540 125,173
Total liabilities and shareholders' equity 1,506,896 1,315,041
Series B Preferred Stock [Member]    
SHAREHOLDERS' EQUITY    
Preferred shares, no par value, 200,000 shares authorized, Series B Preferred stock, $1,000 liquidation preference, 24,072 shares issued at March 31, 2016 and December 31, 2015, net of issuance costs $ 22,273 $ 22,273