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Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
ASSETS    
Cash and due from banks $ 147,939 $ 155,985
Interest bearing bank deposits   10,107
Cash and cash equivalents 147,939 166,092
Investment securities available-for-sale (at fair value) 1,046,047 1,157,246
Investment securities held-to-maturity (fair value of $410,037 and $428,585 at March 31, 2016 and December 31, 2015, respectively) 381,172 427,503
Non-marketable securities 12,304 22,529
Loans 2,738,504 2,587,673
Allowance for loan losses (40,106) (27,119)
Loans, net 2,698,398 2,560,554
Loans held for sale 9,690 13,292
Other real estate owned 23,242 20,814
Premises and equipment, net 98,570 103,103
Goodwill 59,630 59,630
Intangible assets, net 9,689 12,429
Other assets 141,139 140,716
Total assets 4,627,820 4,683,908
Liabilities:    
Non-interest bearing demand deposits 831,891 815,054
Interest bearing demand deposits 416,192 436,745
Savings and money market 1,378,764 1,394,995
Time deposits 1,174,098 1,193,883
Total deposits 3,800,945 3,840,677
Securities sold under agreements to repurchase 126,146 136,523
Federal Home Loan Bank advances 40,000 40,000
Other liabilities 61,819 49,164
Total liabilities 4,028,910 4,066,364
Shareholders' equity:    
Common stock, par value $0.01 per share: 400,000,000 shares authorized; 52,130,744 and 52,177,352 shares issued; 28,810,883 and 30,358,509 shares outstanding at June 30, 2016 and December 31, 2015, respectively 514 513
Additional paid in capital 996,855 997,926
Retained earnings 40,419 38,670
Treasury stock of 22,534,522 and 20,982,812 shares at June 30, 2016 and December 31, 2015, respectively, at cost (450,156) (419,660)
Accumulated other comprehensive income, net of tax 11,278 95
Total shareholders' equity 598,910 617,544
Total liabilities and shareholders' equity $ 4,627,820 $ 4,683,908