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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
[1]
Assets    
Cash and due from banks $ 70,637 $ 60,783
Interest-earning deposits with banks 49,744 50,885
Federal funds sold 155 250
Investment securities available for sale, at fair value 1,038,307 689,132
Investment securities held to maturity 38,959 39,182
Loans held for sale 139,513 47,287
Loans 5,268,768 3,076,544
Allowance for loan losses (11,633) (9,769)
Net loans 5,257,135 3,066,775
Purchased accounts receivable 9,657 52,688
Federal Home Loan Bank stock, at cost 45,284 24,844
Premises and equipment, net 111,245 73,739
Bank-owned life insurance 141,930 78,863
Other real estate 23,091 15,346
Deferred tax asset, net 67,829 55,607
Goodwill 338,180 152,152
Other intangible assets, net 30,745 13,579
Accrued interest receivable and other assets 92,814 53,032
Total assets 7,455,225 4,474,144
Deposits:    
Non-interest demand 1,156,507 744,053
Interest-bearing demand 1,119,970 523,719
Money market and savings 1,620,217 1,024,617
Time 1,441,892 1,017,908
Total deposits 5,338,586 3,310,297
Short-term borrowings 811,383 375,500
Long-term debt 229,012 194,967
Accrued interest payable and other liabilities 73,706 30,831
Total liabilities 6,452,687 3,911,595
Shareholders’ Equity    
Preferred stock, no par value, 1,000,000 shares authorized, no shares issued or outstanding 0 0
Common stock, $1.00 par value, 75,000,000 shares authorized; 51,577,575 and 31,727,767 shares issued and outstanding at June 30, 2016 and December 31, 2015, respectively 51,578 31,727
Common stock warrants 717 717
Additional paid-in capital 905,727 492,828
Retained earnings 45,895 44,794
Accumulated other comprehensive loss (1,379) (7,517)
Total shareholders' equity 1,002,538 562,549
Total liabilities and shareholders' equity $ 7,455,225 $ 4,474,144
[1] Derived from the audited consolidated financial statements included in the Company's 2015 Annual Report on Form 10-K.