XML 47 R2.htm IDEA: XBRL DOCUMENT v3.3.0.814
CONSOLIDATED STATEMENTS OF CONDITION - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
ASSETS    
Cash and due from banks $ 41,454 $ 31,813
Interest-bearing deposits with banks 84,029 95,034
Cash and cash equivalents 125,483 126,847
Investment securities:    
Available-for-sale 264,098 289,532
Held-to-maturity (fair value of $237,205 and $231,445) 232,557 224,682
Loans held for sale 124  
Loans receivable 2,765,288 2,538,641
Less: Allowance for loan and lease losses 17,480 14,160
Net loans receivable 2,747,808 2,524,481
Investment in restricted stock, at cost 27,078 23,535
Bank premises and equipment, net 21,252 20,653
Accrued interest receivable 12,055 11,700
Bank-owned life insurance 53,293 52,518
Other real estate owned 1,564 1,108
Goodwill 145,909 145,909
Core deposit intangibles 4,343 4,825
Other assets 24,493 22,782
Total assets 3,660,057 3,448,572
Deposits:    
Noninterest-bearing 558,388 492,515
Interest-bearing 2,010,843 1,983,092
Total deposits 2,569,231 2,475,607
Borrowings 548,758 495,553
Subordinated debentures 55,155 5,155
Other liabilities 22,931 26,038
Total liabilities $ 3,196,075 $ 3,002,353
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY    
Preferred stock, $1,000 liquidation value per share, authorized 5,000,000 shares; issued and outstanding 11,250 shares of Series B preferred stock at June 30, 2015 and December 31, 2014; total liquidation value of $11,250 at June 30, 2015 and December 31, 2014 $ 11,250 $ 11,250
Common stock, no par value, authorized 50,000,000 shares; issued 32,260,653 shares at June 30, 2015 and 31,758,828 at December 31, 2014; outstanding 30,196,731 shares at June 30, 2015 and 29,694,906 at December 31, 2014 374,287 374,287
Additional paid-in capital 8,120 6,015
Retained earnings 88,772 72,398
Treasury stock, at cost (2,063,922 common shares at June 30, 2015 and December 31, 2014) (16,717) (16,717)
Accumulated other comprehensive loss (1,730) (1,014)
Total stockholders’ equity 463,982 446,219
Total liabilities and stockholders’ equity $ 3,660,057 $ 3,448,572