XML 38 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED STATEMENTS OF CONDITION (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Assets    
Cash and due from banks $ 21,780us-gaap_CashAndDueFromBanks $ 20,298us-gaap_CashAndDueFromBanks
Federal funds sold 38,675us-gaap_FederalFundsSold 17,891us-gaap_FederalFundsSold
Total cash and cash equivalents 60,455us-gaap_CashCashEquivalentsAndFederalFundsSold 38,189us-gaap_CashCashEquivalentsAndFederalFundsSold
Investment securities available-for-sale 314,260us-gaap_AvailableForSaleSecurities 339,131us-gaap_AvailableForSaleSecurities
Investment securities held-to-maturity (market value of $3,425 and $3,334 at March 31, 2015 and December 31, 2014, respectively) 4,019us-gaap_HeldToMaturitySecurities 4,024us-gaap_HeldToMaturitySecurities
Investment securities - trading 5,453us-gaap_TradingSecurities 5,067us-gaap_TradingSecurities
Total investment securities 323,732us-gaap_MarketableSecurities 348,222us-gaap_MarketableSecurities
Other investments 15,049us-gaap_OtherInvestments 15,941us-gaap_OtherInvestments
Loans held for sale 315,014us-gaap_LoansReceivableHeldForSaleNet 315,323us-gaap_LoansReceivableHeldForSaleNet
Loans receivable, net of deferred fees and costs 2,625,430us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome 2,581,114us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome
Allowance for loan losses (28,884)us-gaap_LoansAndLeasesReceivableAllowance (28,275)us-gaap_LoansAndLeasesReceivableAllowance
Loans receivable, net 2,596,546us-gaap_LoansAndLeasesReceivableNetReportedAmount 2,552,839us-gaap_LoansAndLeasesReceivableNetReportedAmount
Premises and equipment, net 25,139us-gaap_PropertyPlantAndEquipmentNet 25,253us-gaap_PropertyPlantAndEquipmentNet
Deferred tax asset, net 4,823cfnl_DeferredTaxAssetNet 4,831cfnl_DeferredTaxAssetNet
Goodwill and intangibles, net 37,115cfnl_GoodwillAndIntangiblesNet 37,312cfnl_GoodwillAndIntangiblesNet
Bank-owned life insurance 32,664us-gaap_BankOwnedLifeInsurance 32,546us-gaap_BankOwnedLifeInsurance
Accrued interest receivable and other assets 36,233cfnl_AccruedInterestReceivableAndOtherAssets 28,678cfnl_AccruedInterestReceivableAndOtherAssets
Total assets 3,446,770us-gaap_Assets 3,399,134us-gaap_Assets
Liabilities and Shareholders' Equity    
Non-interest bearing deposits 564,583us-gaap_NoninterestBearingDepositLiabilities 572,071us-gaap_NoninterestBearingDepositLiabilities
Interest bearing deposits 2,080,548us-gaap_InterestBearingDepositLiabilities 1,963,259us-gaap_InterestBearingDepositLiabilities
Total deposits 2,645,131us-gaap_Deposits 2,535,330us-gaap_Deposits
Other borrowed funds 356,322us-gaap_OtherBorrowings 437,995us-gaap_OtherBorrowings
Mortgage funding checks 23,031cfnl_MortgageFundingLiabilities 19,469cfnl_MortgageFundingLiabilities
Escrow liabilities 2,611cfnl_EscrowLiability 2,035cfnl_EscrowLiability
Accrued interest payable and other liabilities 30,399cfnl_AccruedInterestPayableAndOtherLiabilities 26,984cfnl_AccruedInterestPayableAndOtherLiabilities
Total liabilities 3,057,494us-gaap_Liabilities 3,021,813us-gaap_Liabilities
Common stock, $1 par value; 50,000,000 Shares authorized; 32,155,464 and 32,078,227 Shares issued and outstanding at March 31, 2015 and December 31, 2014 respectively 32,155us-gaap_CommonStockValue 32,078us-gaap_CommonStockValue
Additional paid-in capital 203,193us-gaap_AdditionalPaidInCapitalCommonStock 201,948us-gaap_AdditionalPaidInCapitalCommonStock
Retained earnings 143,327us-gaap_RetainedEarningsAccumulatedDeficit 133,129us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive income, net 10,601us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax 10,166us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total shareholders' equity 389,276us-gaap_StockholdersEquity 377,321us-gaap_StockholdersEquity
Total liabilities and shareholders' equity $ 3,446,770us-gaap_LiabilitiesAndStockholdersEquity $ 3,399,134us-gaap_LiabilitiesAndStockholdersEquity