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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
ASSETS    
Cash and due from banks $ 113,178 $ 81,216
Interest bearing deposits with other banks 35,450 54,851
Total cash and cash equivalents 148,628 136,067
Securities:    
Available for sale (at fair value) 905,182 790,766
Held for investment (fair value: $198,820 at March 31, 2016, and $202,813 at December 31, 2015) 198,231 203,525
Total Securities 1,103,413 994,291
Loans held for sale (at fair value) 19,867 23,998
Loans [1] 2,455,214 2,156,330
Less: Allowance for loan losses (19,724) (19,128)
NET LOANS 2,435,490 2,137,202
Bank premises and equipment, net 61,416 54,579
Other real estate owned 8,091 7,039
Goodwill 55,196 25,211
Other intangible assets, net 11,524 8,594
Bank owned life insurance 43,417 43,579
Net deferred income taxes 67,049 60,274
Other assets 47,232 43,946
TOTAL ASSETS 4,001,323 3,534,780
LIABILITIES    
Deposits 3,222,447 2,844,387
Federal funds purchased and securities sold under agreements to repurchase, maturing within 30 days 198,330 172,005
Borrowed funds 50,000 50,000
Subordinated debt 70,031 69,961
Other liabilities 46,727 44,974
Total liabilities 3,587,535 3,181,327
SHAREHOLDERS' EQUITY    
Common stock, par value $0.10 per share, authorized 60,000,000 shares, issued 37,928,754 and outstanding 37,922,250 shares at March 31, 2016 and issued 34,356,892 and outstanding 34,351,409 shares at December 31, 2015 3,792 3,435
Other shareholders' equity 409,996 350,018
TOTAL SHAREHOLDERS' EQUITY 413,788 353,453
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 4,001,323 $ 3,534,780
[1] Net loan balances as of March 31, 2016 and December 31, 2015 are net of deferred costs and purchase fair value marks of $16.0 million and $7.7 million for each period, respectively.