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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
ASSETS    
Cash and due from banks $ 41,513 $ 59,255
Interest-bearing deposits at other financial institutions 238,402 266,944
Total cash and cash equivalents 279,915 326,199
Time deposits in other banks 600 600
Debt securities 221,183 223,208
Equity investments 12,675 12,226
Loans held for sale 113 1,460
Loans, net of allowance for loan loss of $25,349 and $24,778 at March 31, 2018 and December 31, 2017, respectively 2,330,704 2,286,766
Premises and equipment, net 53,135 53,607
Goodwill 80,950 80,950
Other intangible assets, net of accumulated amortization of $14,185 and $13,930 at March 31, 2018 and December 31, 2017, respectively 6,521 6,770
Bank-owned life insurance 70,161 68,010
Deferred tax asset, net 6,050 5,780
Repossessed real estate and other assets 295 705
Other assets 12,488 14,802
Total assets 3,074,790 3,081,083
Liabilities    
Noninterest-bearing deposits 1,120,521 1,109,789
Interest-bearing deposits 1,479,181 1,493,183
Total deposits 2,599,702 2,602,972
Repurchase agreements 861 1,525
Junior subordinated debt 6,726 6,726
Other liabilities 15,930 23,646
Total liabilities 2,623,219 2,634,869
Commitments and contingencies (Note 13)
Shareholders’ equity    
Preferred stock, $0.01 par value, 10,000,000 shares authorized, no shares issued
Common stock, $0.01 par value; 90,000,000 shares authorized, 25,731,504 shares issued at March 31, 2018 and December 31, 2017, 24,833,232 shares outstanding at March 31, 2018 and December 31, 2017 257 257
Additional paid-in capital 343,641 343,249
Retained earnings 126,213 118,353
Treasury stock, at cost (898,272 shares held at March 31, 2018 and December 31, 2017) (15,256) (15,256)
Accumulated other comprehensive loss, net of tax of $874 and $104 at March 31, 2017 and December 31, 2017, respectively. (3,284) (389)
Total shareholders' equity 451,571 446,214
Total liabilities and shareholders' equity $ 3,074,790 $ 3,081,083