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Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
ASSETS    
Cash and due from banks $ 152,736 $ 155,985
Interest bearing bank deposits   10,107
Cash and cash equivalents 152,736 166,092
Investment securities available-for-sale (at fair value) 884,232 1,157,246
Investment securities held-to-maturity (fair value of $332,573 and $428,585 at December 31, 2016 and 2015, respectively) 332,505 427,503
Non-marketable securities 14,949 22,529
Loans 2,860,921 2,587,673
Allowance for loan losses (29,174) (27,119)
Loans, net 2,831,747 2,560,554
Loans held for sale 24,187 13,292
Other real estate owned 15,662 20,814
Premises and equipment, net 95,671 103,103
Goodwill 59,630 59,630
Intangible assets, net 6,949 12,429
Other assets 154,778 140,716
Total assets 4,573,046 4,683,908
Liabilities:    
Non-interest bearing demand deposits 846,744 815,054
Interest bearing demand deposits 427,538 436,745
Savings and money market 1,422,321 1,394,995
Time deposits 1,172,046 1,193,883
Total deposits 3,868,649 3,840,677
Securities sold under agreements to repurchase 92,011 136,523
Federal Home Loan Bank advances 38,665 40,000
Other liabilities 37,532 49,164
Total liabilities 4,036,857 4,066,364
Shareholders' equity:    
Common stock, par value $0.01 per share: 400,000,000 shares authorized; 51,813,011 and 52,177,352 shares issued; 26,386,583 and 30,358,509 shares outstanding at December 31, 2016 and December 31, 2015, respectively 514 513
Additional paid in capital 984,087 997,926
Retained earnings 55,454 38,670
Treasury stock of 24,927,157 and 20,982,812 shares at December 31, 2016 and December 31, 2015, respectively, at cost (502,104) (419,660)
Accumulated other comprehensive (loss) income, net of tax (1,762) 95
Total shareholders' equity 536,189 617,544
Total liabilities and shareholders' equity $ 4,573,046 $ 4,683,908