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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Assets    
Cash and due from banks $ 69,333 $ 48,665
Interest-bearing deposits and federal funds sold 26,717 18,647
Total cash and cash equivalents 96,050 67,312
Investment securities available for sale (cost of $130,308 and $150,905, respectively) 132,981 153,685
Investment securities held to maturity (fair value of $363,178 and $345,576, respectively) 366,041 346,666
Other investments 11,365 12,461
Total investments 510,387 512,812
Loans - net of allowance for loan losses of $33,293 and $40,686, respectively 2,900,812 2,658,519
Intangible assets - net of amortization of $7,104 and $6,504, respectively 1,326 1,926
Bank-owned life insurance 53,674 49,373
Premises and equipment - net of depreciation of $38,269 and $39,504, respectively 11,019 6,122
Accrued interest receivable 12,223 10,362
Deferred income taxes, net 19,901 22,221
Other real estate owned - net of valuation allowance of $8,666 and $8,666, respectively 5,079 5,079
Other 19,842 18,041
TOTAL ASSETS 3,630,313 3,351,767
Liabilities    
Noninterest-bearing demand 1,282,463 1,180,335
Interest-bearing demand 714,062 585,524
Money market 861,856 804,777
Savings 19,561 18,078
Certificates of deposits 151,841 152,998
Total deposits 3,029,783 2,741,712
Securities sold under agreements to repurchase 27,639 47,459
Other short-term borrowings 106,230 132,000
Accrued interest and other liabilities 33,074 25,863
Subordinated notes payable - net of unamortized discount and issuance costs of $889 and $969, respectively 59,111 59,031
Junior subordinated debentures 72,166 72,166
TOTAL LIABILITIES 3,328,003 3,078,231
Commitments and contingencies - see note 16
Shareholders' Equity    
Preferred stock, $.01 par value; 2,000,000 shares authorized; none issued and outstanding
Common stock, $.01 par value; 100,000,000 shares authorized; 41,555,208 and 41,122,119 issued and outstanding, respectively 411 406
Additional paid-in capital 197,758 192,768
Retained earnings 103,575 77,079
Accumulated other comprehensive income (AOCI), net of income tax of $348 and $2,013, respectively 566 3,283
TOTAL SHAREHOLDERS' EQUITY 302,310 273,536
TOTAL LIABILITIES AND EQUITY $ 3,630,313 $ 3,351,767