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Consolidated Balance Sheet - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
ASSETS    
Cash and due from banks $ 25,080 $ 18,351
Federal Funds Sold 55 63
Interest bearing deposits in financial institutions 230,446 370,593
Total cash and cash equivalents 255,581 389,007
Available-for-sale securities, at fair value 555,632 274,619
Held-to-maturity securities, at amortized cost (fair value of $33,246 and $34,844, respectively) 33,836 35,505
Investment in Patriot Bancshares Capital Trusts I and II 666 666
Federal Reserve Bank stock 10,968 10,954
Federal Home Loan Bank of Dallas stock 7,423 7,029
Total securities and other investments 608,525 328,773
Loans held for sale 17,350 23,989
Loans held for investment 3,012,275 3,098,220
Allowance for loan losses (31,936) (26,364)
Loans, net 2,997,689 3,095,845
Premises and equipment, net 30,604 25,674
Goodwill 85,291 85,291
Core deposit intangibles, net of accumulated amortization 9,595 9,975
Accrued interest receivable 8,947 8,011
Deferred tax asset, net 13,253 11,266
Real estate acquired by foreclosure 1,356 5,220
Bank owned life insurance 34,605 34,385
Other assets 26,554 31,375
TOTAL ASSETS 4,072,000 4,024,822
Deposits:.    
Noninterest-bearing 705,480 650,064
Interest-bearing transaction and savings 1,404,988 1,359,187
Certificates and other time deposits 1,305,670 1,365,449
Total deposits 3,416,138 3,374,700
Securities sold under agreements to repurchase 4,316 3,493
Other borrowed funds 150,000 150,000
Subordinated debentures 47,304 47,492
Accrued interest payable 2,727 2,387
Other liabilities 14,227 16,268
Total liabilities 3,634,712 3,594,340
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY:    
Preferred stock, $0.01 par value, 10,000,000 shares authorized, no shares issued or outstanding
Common stock, $0.01 par value, 90,000,000 shares authorized; 37,192,749 and 37,165,674 shares issued at March 31, 2017 and December 31, 2016, respectively; 37,014,749 and 36,987,674 shares outstanding at March 31, 2017 and December 31, 2016, respectively 372 372
Capital surplus 383,579 382,961
Retained earnings 56,339 49,127
Accumulated other comprehensive income, net (1,749) (725)
Less treasury stock, at cost, 178,000 shares at both March 31, 2017 and December 31, 2016 (1,253) (1,253)
Total shareholders' equity 437,288 430,482
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 4,072,000 $ 4,024,822