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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
ASSETS    
Cash and due from banks $ 44,745 $ 48,757
Interest-earning deposits with other banks 13,055 9,068
Investment securities held-to-maturity (fair value $33,022 and $24,871 at March 31, 2017 and December 31, 2016, respectively) 33,027 24,881
Investment securities available-for-sale 431,612 443,637
Federal Home Loan Bank, Federal Reserve Bank and other stock, at cost 25,322 24,869
Loans held for sale 1,110 5,890
Loans and leases held for investment 3,341,916 3,285,886
Less: Reserve for loan and lease losses (19,528) (17,499)
Net loans and leases held for investment 3,322,388 3,268,387
Premises and equipment, net 64,811 63,638
Goodwill 172,559 172,559
Other intangibles, net of accumulated amortization and fair value adjustments of $18,668 and $17,597 at March 31, 2017 and December 31, 2016, respectively 15,923 16,651
Bank owned life insurance 100,520 99,948
Accrued interest receivable and other assets 48,859 52,243
Total assets 4,273,931 4,230,528
LIABILITIES    
Noninterest-bearing deposits 947,495 918,337
Interest-bearing deposits:    
Demand deposits 1,034,363 909,963
Savings deposits 830,917 803,078
Time deposits 553,176 626,189
Total deposits 3,365,951 3,257,567
Short-term borrowings 79,366 196,171
Long-term debt 182,066 127,522
Subordinated notes 94,148 94,087
Accrued interest payable and other liabilities 40,520 49,972
Total liabilities 3,762,051 3,725,319
SHAREHOLDERS’ EQUITY    
Common stock, $5 par value: 48,000,000 shares authorized at March 31, 2017 and December 31, 2016; 28,911,799 shares issued at March 31, 2017 and December 31, 2016; 26,645,520 and 26,589,353 shares outstanding at March 31, 2017 and December 31, 2016, respectively 144,559 144,559
Additional paid-in capital 230,391 230,494
Retained earnings 200,050 194,516
Accumulated other comprehensive loss, net of tax benefit (18,992) (19,454)
Treasury stock, at cost; 2,266,279 and 2,322,446 shares at March 31, 2017 and December 31, 2016, respectively (44,128) (44,906)
Total shareholders’ equity 511,880 505,209
Total liabilities and shareholders’ equity $ 4,273,931 $ 4,230,528