XML 19 R5.htm IDEA: XBRL DOCUMENT v3.6.0.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
ASSETS    
Cash and due from banks $ 82,520 $ 81,216
Interest bearing deposits with other banks 27,124 54,851
Total cash and cash equivalents 109,644 136,067
Securities available for sale (at fair value) 950,503 790,766
Securities held to maturity (fair value $369,881 in 2016 and $202,813 in 2015) 372,498 203,525
Total securities 1,323,001 994,291
Loans held for sale 15,332 23,998
Loans [1] 2,879,536 2,156,330
Less: Allowance for loan losses (23,400) (19,128)
Net loans 2,856,136 2,137,202
Bank premises and equipment, net 58,684 54,579
Other real estate owned 9,949 7,039
Goodwill 64,649 25,211
Other intangible assets, net 14,572 8,594
Bank owned life insurance 84,580 43,579
Net deferred tax assets 60,818 60,274
Other assets 83,567 43,946
TOTAL ASSETS 4,680,932 3,534,780
LIABILITIES    
Noninterest demand 1,148,309 854,447
Interest-bearing demand 873,727 734,749
Savings 346,662 295,851
Money market 802,697 665,353
Other time deposits 159,887 153,318
Brokered time certificates 7,342 9,403
Time certificates of $100,000 or more 184,621 131,266
Total deposits 3,523,245 2,844,387
Federal funds purchased and securities sold under agreement to repurchase, maturing within 30 days 204,202 172,005
Federal Home Loan Bank borrowings 415,000 50,000
Subordinated debt 70,241 69,961
Other liabilities 32,847 44,974
Total liabilities 4,245,535 3,181,327
Commitments and Contingencies (Notes K and P)
SHAREHOLDERS' EQUITY    
Common stock, par value $0.10 per share authorized 60,000,000 shares, issued 38,090,568 and outstanding 38,021,835 shares in 2016 and authorized 60,000,000 shares, issued 34,356,892 and outstanding 34,351,409 shares in 2015 3,802 3,435
Additional paid-in capital 454,001 399,162
Accumulated deficit (13,657) (42,858)
Less: Treasury stock (68,733 shares in 2016 and 5,484 shares in 2015), at cost (1,236) (73)
Total shareholders' equity before accumulated other comprehensive income, net 442,910 359,666
Accumulated other comprehensive loss, net (7,513) (6,213)
TOTAL SHAREHOLDERS' EQUITY 435,397 353,453
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 4,680,932 $ 3,534,780
[1] Net loan balances at December 31, 2016 and 2015 include deferred costs of $4.4 million and $7.7 million, respectively.