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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
ASSETS    
Cash and due from banks $ 88,133 $ 82,520
Interest bearing deposits with other banks 20,064 27,124
Total cash and cash equivalents 108,197 109,644
Time deposits with other banks 16,426 0
Securities:    
Available for sale (at fair value) 1,016,744 950,503
Held to maturity (fair value: $397,357 at June 30, 2017, and $369,881 at December 31, 2016) 397,096 372,498
Total Securities 1,413,840 1,323,001
Loans held for sale (at fair value) 22,262 15,332
Loans [1] 3,330,075 2,879,536
Less: Allowance for loan losses (26,000) (23,400)
NET LOANS 3,304,075 2,856,136
Bank premises and equipment, net 56,765 58,684
Other real estate owned 8,497 9,949
Goodwill 101,739 64,649
Other intangible assets, net 16,941 14,572
Bank owned life insurance 88,003 84,580
Net deferred income taxes 52,195 60,818
Other assets 92,355 83,567
TOTAL ASSETS 5,281,295 4,680,932
LIABILITIES    
Deposits 3,975,458 3,523,245
Federal funds purchased and securities sold under agreements to repurchase, maturing within 30 days 167,558 204,202
Federal Home Loan Bank (FHLB) borrowings 395,000 415,000
Subordinated debt 70,381 70,241
Other liabilities 95,521 32,847
TOTAL LIABILITIES 4,703,918 4,245,535
SHAREHOLDERS' EQUITY    
Common stock, par value $0.10 per share, authorized 60,000,000 shares, issued 43,550,182 and outstanding 43,458,973 shares at June 30, 2017 and issued 38,090,568 and outstanding 38,021,835 shares at December 31, 2016 4,339 3,802
Other shareholders' equity 573,038 431,595
TOTAL SHAREHOLDERS' EQUITY 577,377 435,397
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 5,281,295 $ 4,680,932
[1] Net loan balances as of June 30, 2017 and December 31, 2016 include deferred costs of $10.6 million for each period presented, respectively.