XML 14 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
ASSETS    
Cash and due from banks $ 27,124 $ 26,562
Interest bearing deposits in financial institutions and fed funds sold 113,966 114,119
Total cash and cash equivalents 141,090 140,681
Available-for-sale securities, at fair value 610,494 705,539
Held-to-maturity securities, at amortized cost (fair value of $61,667 and $13,146, respectively) 62,595 13,275
Investment in Patriot Bancshares Capital Trusts I and II 666 666
Federal Reserve Bank stock 11,845 11,702
Federal Home Loan Bank of Dallas stock 21,571 14,915
Other investments 10,693 0
Total securities and other investments 717,864 746,097
Loans held for sale 7,627 7,156
Loans held for investment 3,363,354 3,190,485
Allowance for loan losses (35,186) (31,220)
Loans, net 3,335,795 3,166,421
Premises and equipment, net 28,873 24,002
Goodwill 85,291 85,291
Core deposit intangibles, net of accumulated amortization 7,584 8,503
Accrued interest receivable 13,438 11,109
Deferred tax asset, net 12,700 8,758
Real estate acquired by foreclosure 2,532 802
Bank owned life insurance 56,457 55,302
Other assets 18,250 14,950
TOTAL ASSETS 4,419,874 4,261,916
Deposits:    
Noninterest-bearing 833,827 803,210
Interest-bearing transaction and savings 1,221,640 1,331,601
Certificates and other time deposits 1,359,005 1,262,332
Total deposits 3,414,472 3,397,143
Securities sold under agreements to repurchase 3,502 5,173
Other borrowed funds 437,000 325,000
Subordinated debentures and subordinated notes 48,161 47,737
Accrued interest payable 5,295 2,841
Other liabilities 21,240 20,227
Total liabilities 3,929,670 3,798,121
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ EQUITY:    
Preferred stock, $0.01 par value, 10,000,000 shares authorized, no shares issued or outstanding 0 0
Common stock, $0.01 par value, 90,000,000 shares authorized; 37,545,688 and 37,280,822 shares issued at September 30, 2018 and December 31, 2017, respectively; 37,367,688 and 37,102,822 shares outstanding at September 30, 2018 and December 31, 2017, respectively 375 373
Capital surplus 393,476 387,891
Retained earnings 118,276 83,263
Accumulated other comprehensive income, net (20,670) (6,479)
Less treasury stock, at cost, 178,000 shares at both September 30, 2018 and December 31, 2017 (1,253) (1,253)
Total shareholders’ equity 490,204 463,795
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 4,419,874 $ 4,261,916