XML 12 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
ASSETS    
Cash and due from banks $ 12,774 $ 9,186
Interest-bearing balances and federal funds sold 117,159 81,873
Total cash and cash equivalents 129,933 91,059
Investment securities:    
Available-for-sale, at fair value 395,040 194,090
Held-to-maturity, at amortized cost (fair value of $16,416 and $9,293, respectively) 15,778 9,200
Total investment securities 410,818 203,290
Restricted stock, at amortized cost 14,447 10,092
Loans held for sale, at fair value 26,234 35,676
Loans held for investment, net of allowance for loan losses of $15,692 and $16,008, respectively 1,953,968 1,033,690
Premises, equipment and land, net 26,400 7,084
Goodwill and intangible assets 182,156 1,833
Other real estate owned, net of valuation allowance 1,980 0
Bank owned life insurance 51,300 26,350
Other assets 75,833 21,634
Total assets 2,873,069 1,430,708
LIABILITIES AND SHAREHOLDERS' EQUITY    
Noninterest-bearing deposits 710,691 362,036
Interest-bearing demand deposits 490,759 126,189
Savings and money market deposits 658,799 314,396
Time deposits 425,963 251,706
Total deposits 2,286,212 1,054,327
Short-term borrowings 79,527 186,009
Long-term borrowings 60,000 60,000
Trust preferred debentures 3,863 0
Other liabilities and accrued expenses 23,294 9,842
Total liabilities 2,452,896 1,310,178
SHAREHOLDERS' EQUITY    
Common stock $0.835 par value; 60,000,000 shares authorized; 20,449,738 and 10,636,242 issued and outstanding, respectively 17,076 8,881
Additional paid in capital 305,682 21,779
Retained earnings 98,607 91,439
Accumulated other comprehensive loss, net (1,192) (1,569)
Total shareholders' equity 420,173 120,530
Total liabilities and shareholders' equity $ 2,873,069 $ 1,430,708