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Condensed consolidated balance sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
ASSETS    
Cash and due from banks $ 51,292 $ 53,893
Federal funds sold 8,848 21,628
Interest bearing deposits in financial institutions 57,157 22,202
Cash and cash equivalents 117,297 97,723
Investments:    
Available-for-sale securities, at fair value 553,357 649,387
Federal Home Loan Bank stock, at cost 6,528 6,528
Loans held for sale, at fair value 486,601 273,196
Loans 1,793,343 1,701,863
Less: allowance for loan losses 23,290 24,460
Net loans 1,770,053 1,677,403
Premises and equipment, net 65,882 65,892
Foreclosed real estate, net 8,964 11,641
Interest receivable 7,040 6,763
Mortgage servicing rights, net 46,291 29,711
Goodwill 46,867 46,904
Core deposit intangible, net 5,090 6,695
Other assets 73,210 27,577
Total assets 3,187,180 2,899,420
Demand deposits    
Noninterest-bearing 726,248 626,955
Interest-bearing 1,382,981 1,273,438
Savings deposits 131,819 212,522
Time deposits 399,024 325,559
Total deposits 2,640,072 2,438,474
Securities sold under agreements to repurchase 29,137 105,133
Short-term borrowings 80,000 18,000
Long-term debt (see Note 14) 45,291 56,616
Deferred tax liability 15,457 713
Accrued expenses and other liabilities 48,115 43,810
Total liabilities 2,858,072 2,662,746
Shareholders' equity :    
Common stock, $1 par value; 75,000,000 and 25,000,000 shares authorized; 23,975,122 and 17,180,000 shares issued and outstanding at September 30, 2016 and December 31, 2015, respectively 23,975 17,180
Additional paid-in capital 211,765 94,544
Retained earnings 84,774 122,493
Accumulated other comprehensive income, net 8,594 2,457
Total shareholders' equity 329,108 236,674
Total liabilities and shareholders' equity $ 3,187,180 $ 2,899,420