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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
ASSETS    
Cash and due from banks $ 143,081 $ 192,290
Short-term investments 45,672 24,632
Total cash and cash equivalents 188,753 216,922
Securities available for sale (carried at fair value) 595,553 585,549
Real estate mortgage loans held for sale 3,047 2,293
Loans, net of allowance for loan losses of $49,562 and $48,453 3,889,448 3,866,292
Land, premises and equipment, net 58,760 58,097
Bank owned life insurance 82,253 77,106
Federal Reserve and Federal Home Loan Bank Stock 13,772 13,772
Accrued interest receivable 17,387 15,518
Goodwill 4,970 4,970
Other assets 37,942 34,735
Total assets 4,891,885 4,875,254
LIABILITIES    
Noninterest bearing deposits 931,832 946,838
Interest bearing deposits 3,215,605 3,097,227
Total deposits 4,147,437 4,044,065
Borrowings    
Federal Funds Purchased 122,000 0
Securities sold under agreements to repurchase 0 75,555
Federal Home Loan Bank advances 0 170,000
Subordinated debentures 30,928 30,928
Total borrowings 152,928 276,483
Accrued interest payable 11,794 10,404
Other liabilities 36,459 22,598
Total liabilities 4,348,618 4,353,550
STOCKHOLDERS' EQUITY    
Common stock: 90,000,000 shares authorized, no par value 25,614,665 shares issued and 25,442,827 outstanding as of March 31, 2019 25,301,732 shares issued and 25,128,773 outstanding as of December 31, 2018 111,571 112,383
Retained earnings 432,953 419,179
Accumulated other comprehensive income (loss) 2,487 (6,191)
Treasury stock, at cost (2019 - 171,838 shares, 2018 - 172,959 shares) (3,833) (3,756)
Total stockholders' equity 543,178 521,615
Noncontrolling interest 89 89
Total equity 543,267 521,704
Total liabilities and equity $ 4,891,885 $ 4,875,254