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Consolidated Balance Sheet - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
ASSETS    
Cash and due from banks $ 30,565 $ 18,351
Interest bearing deposits in financial institutions 104,430 370,656
Total cash and cash equivalents 134,995 389,007
Available-for-sale securities, at fair value 687,100 274,619
Held-to-maturity securities, at amortized cost (fair value of $31,235 and $34,844, respectively) 31,650 35,505
Investment in Patriot Bancshares Capital Trusts I and II 666 666
Federal Reserve Bank stock 10,978 10,954
Federal Home Loan Bank of Dallas stock 14,358 7,029
Total securities and other investments 744,752 328,773
Loans held for sale 18,030 23,989
Loans held for investment 3,123,355 3,098,220
Allowance for loan losses (31,991) (26,364)
Loans, net 3,109,394 3,095,845
Premises and equipment, net 30,108 25,674
Goodwill 85,291 85,291
Core deposit intangibles, net of accumulated amortization 9,215 9,975
Accrued interest receivable 9,165 8,011
Deferred tax asset, net 12,467 11,266
Real estate acquired by foreclosure 921 5,220
Bank owned life insurance 34,827 34,385
Other assets 14,562 31,375
TOTAL ASSETS 4,185,697 4,024,822
Deposits:.    
Noninterest-bearing 683,656 650,064
Interest-bearing transaction and savings 1,324,307 1,359,187
Certificates and other time deposits 1,352,459 1,365,449
Total deposits 3,360,422 3,374,700
Securities sold under agreements to repurchase 5,221 3,493
Other borrowed funds 305,000 150,000
Subordinated debentures 47,454 47,492
Accrued interest payable 2,203 2,387
Other liabilities 13,656 16,268
Total liabilities 3,733,956 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; 37,213,087 and 37,165,674 shares issued at June 30, 2017 and December 31, 2016, respectively; 37,035,087 and 36,987,674 shares outstanding at June 30, 2017 and December 31, 2016, respectively 372 372
Capital surplus 384,119 382,961
Retained earnings 69,237 49,127
Accumulated other comprehensive income, net (734) (725)
Less treasury stock, at cost, 178,000 shares at both June 30, 2017 and December 31, 2016 (1,253) (1,253)
Total shareholders' equity 451,741 430,482
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 4,185,697 $ 4,024,822