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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
[1]
Assets    
Cash and due from banks $ 65,620 $ 65,312
Interest-earning deposits with banks 57,141 66,548
Federal funds sold 200 505
Investment securities available for sale, at fair value 649,015 672,421
Investment securities held to maturity 39,402 39,620
Loans held for sale 38,622 20,205
Loans 2,955,771 2,898,266
Allowance for loan losses (8,358) (7,817)
Net loans 2,947,413 2,890,449
Purchased accounts receivable 69,933 44,821
Federal Home Loan Bank stock, at cost 21,976 19,499
Premises and equipment, net 77,513 80,379
Bank-owned life insurance 77,927 76,990
Foreclosed assets 13,547 12,891
Deferred tax asset, net 62,179 73,059
Goodwill 152,152 152,152
Other intangible assets, net 15,085 16,677
Accrued interest receivable and other assets 39,327 36,506
Total assets 4,327,052 4,268,034
Deposits:    
Non-interest demand 697,653 680,387
Interest-bearing demand 475,597 469,898
Money market and savings 991,982 1,004,796
Time 1,077,862 1,092,283
Total deposits 3,243,094 3,247,364
Short-term borrowings 355,500 250,500
Long-term debt 147,265 180,164
Accrued interest payable and other liabilities 33,077 32,204
Total liabilities 3,778,936 3,710,232
Shareholders’ Equity    
Preferred stock, no par value, 1,000,000 shares authorized; 0 and 28,405 shares issued and outstanding at June 30, 2015 and December 31, 2014, respectively 0 28,405
Common stock, $1.00 par value, 75,000,000 shares authorized; 31,712,021 and 31,599,150 shares issued and outstanding at June 30, 2015 and December 31, 2014, respectively 31,712 31,599
Common stock warrants 717 717
Additional paid-in capital 492,151 492,014
Retained earnings 27,481 7,311
Accumulated other comprehensive loss (3,945) (2,244)
Total shareholders' equity 548,116 557,802
Total liabilities and shareholders' equity $ 4,327,052 $ 4,268,034
[1] Derived from the audited consolidated financial statements included in the Company's 2014 Annual Report on Form 10-K.