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Condensed Consolidated Financial Statements - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Assets    
Cash and due from banks $ 60,572 $ 69,333
Interest-bearing deposits and federal funds sold 18,733 26,717
Total cash and cash equivalents 79,305 96,050
Investment securities available for sale (cost of $172,321 and $130,308, respectively) 177,591 132,981
Investment securities held to maturity (fair value of $360,380 and $363,178, respectively) 360,935 366,041
Other investments 11,222 11,365
Total investments 549,748 510,387
Loans - net of allowance for loan losses of $36,850 and $33,293, respectively 3,084,848 2,900,812
Intangible assets - net of amortization of $7,554 and $7,104, respectively 876 1,326
Bank-owned life insurance 54,689 53,674
Premises and equipment - net of depreciation of $36,768 and $38,269, respectively 10,701 11,019
Accrued interest receivable 13,698 12,223
Deferred income taxes, net 20,265 19,901
Other real estate owned - net of valuation allowance of $8,666 and $8,666, respectively 5,079 5,079
Other 17,634 19,842
TOTAL ASSETS 3,836,843 3,630,313
Liabilities    
Noninterest-bearing demand 1,373,792 1,282,463
Interest-bearing demand 721,600 714,062
Money market 925,589 861,856
Savings 21,210 19,561
Certificates of deposits 135,341 151,841
Total deposits 3,177,532 3,029,783
Securities sold under agreements to repurchase 60,335 27,639
Other short-term borrowings 101,476 106,230
Accrued interest and other liabilities 37,071 33,074
Subordinated notes payable - net of unamortized discount and issuance costs of $827 and $889, respectively 59,173 59,111
Junior subordinated debentures 72,166 72,166
TOTAL LIABILITIES 3,507,753 3,328,003
Commitments and contingencies
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; 41,799,566 and 41,555,208 issued and outstanding, respectively 414 411
Additional paid-in capital 201,333 197,758
Retained earnings 125,597 103,575
Accumulated other comprehensive income (AOCI), net of income tax of $1,064 and $348, respectively 1,746 566
TOTAL SHAREHOLDERS' EQUITY 329,090 302,310
TOTAL LIABILITIES AND EQUITY $ 3,836,843 $ 3,630,313