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Consolidated Balance Sheet - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
ASSETS    
Cash and due from banks $ 25,181 $ 18,351
Interest bearing deposits in financial institutions and fed funds sold 154,282 370,656
Total cash and cash equivalents 179,463 389,007
Available-for-sale securities, at fair value 694,259 274,619
Held-to-maturity securities, at amortized cost (fair value of $13,701 and $34,844, respectively) 13,730 35,505
Investment in Patriot Bancshares Capital Trusts I and II 666 666
Federal Reserve Bank stock 11,349 10,954
Federal Home Loan Bank of Dallas stock 10,428 7,029
Total securities and other investments 730,432 328,773
Loans held for sale 17,673 23,989
Loans held for investment 3,071,761 3,098,220
Allowance for loan losses (33,480) (26,364)
Loans, net 3,055,954 3,095,845
Premises and equipment, net 29,733 25,674
Goodwill 85,291 85,291
Core deposit intangibles, net of accumulated amortization 8,835 9,975
Accrued interest receivable 10,158 8,011
Deferred tax asset, net 13,984 11,266
Real estate acquired by foreclosure 802 5,220
Bank owned life insurance 35,053 34,385
Other assets 11,220 31,375
TOTAL ASSETS 4,160,925 4,024,822
Deposits:.    
Noninterest-bearing 684,329 650,064
Interest-bearing transaction and savings 1,383,514 1,359,187
Certificates and other time deposits 1,340,410 1,365,449
Total deposits 3,408,253 3,374,700
Securities sold under agreements to repurchase 5,867 3,493
Other borrowed funds 215,000 150,000
Subordinated debentures and subordinated notes 47,596 47,492
Accrued interest payable 3,261 2,387
Other liabilities 18,637 16,268
Total liabilities 3,698,614 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; 37,274,490 and 37,165,674 shares issued at September 30, 2017 and December 31, 2016, respectively; 37,096,490 and 36,987,674 shares outstanding at September 30, 2017 and December 31, 2016, respectively 373 372
Capital surplus 384,488 382,961
Retained earnings 80,644 49,127
Accumulated other comprehensive income, net (1,941) (725)
Less treasury stock, at cost, 178,000 shares at both September 30, 2017 and December 31, 2016 (1,253) (1,253)
Total shareholders' equity 462,311 430,482
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 4,160,925 $ 4,024,822