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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
ASSETS    
Cash and due from banks $ 51,980 $ 59,255
Interest-bearing deposits at other financial institutions 229,660 266,944
Total cash and cash equivalents 281,640 326,199
Time deposits in other banks   600
Debt securities 222,493 223,208
Equity investments 15,101 12,226
Less loans held for sale 384 1,460
Loans, net of allowance for loan loss of $24,486 and $24,778 at September 30, 2018 and December 31, 2017, respectively 2,438,711 2,286,766
Premises and equipment, net 52,032 53,607
Goodwill 80,950 80,950
Other intangible assets, net of accumulated amortization of $14,678 and $13,930 at September 30, 2018 and December 31, 2017, respectively 6,038 6,770
Bank-owned life insurance 71,070 68,010
Deferred tax asset, net 7,710 5,780
Repossessed real estate and other assets 175 705
Other assets 14,149 14,802
Total assets 3,190,453 3,081,083
Liabilities    
Noninterest-bearing deposits 1,144,985 1,109,789
Interest-bearing deposits 1,545,095 1,493,183
Total deposits 2,690,080 2,602,972
Repurchase agreements 1,351 1,525
Junior subordinated debt 6,726 6,726
Other liabilities 20,445 23,646
Total liabilities 2,718,602 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 September 30, 2018 and December 31, 2017, 24,858,632 and 24,833,232 shares outstanding at September 30, 2018 and December 31, 2017, respectively 257 257
Additional paid-in capital 344,222 343,249
Retained earnings 147,768 118,353
Treasury stock, at cost (872,872 and 898,272 shares held at September 30, 2018 and December 31, 2017, respectively) (14,825) (15,256)
Accumulated other comprehensive loss, net of tax of $1,482 and $104 at September 30, 2018 and December 31, 2017, respectively (5,571) (389)
Total shareholders' equity 471,851 446,214
Total liabilities and shareholders' equity $ 3,190,453 $ 3,081,083