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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
ASSETS    
Cash and due from banks $ 37,303 $ 36,073
Interest bearing deposits with banks 108,996 25,869
Cash and cash equivalents 146,299 61,942
Investment securities available for sale, at fair value 487,524 464,430
Investment securities held to maturity, at amortized cost (fair value of $461,518 and $463,799, respectively) 485,291 472,213
Restricted stock, at cost 1,916 1,918
Mortgage loans held for sale, at fair value 29,702 43,375
Other loans held for sale 3,137 2,325
Loans receivable (net of allowance for loan losses of $8,084 and $8,599, respectively) 1,370,704 1,153,679
Premises and equipment, net 81,912 74,947
Other real estate owned, net 6,768 6,966
Accrued interest receivable 8,301 7,009
Goodwill 5,011 5,011
Other assets 30,641 28,532
Total Assets 2,657,206 2,322,347
LIABILITIES AND SHAREHOLDERS' EQUITY    
Demand - non-interest bearing 509,188 438,500
Demand - interest bearing 1,058,670 807,736
Money market and savings 703,358 700,322
Time deposits 129,142 116,737
Total Deposits 2,400,358 2,063,295
Accrued interest payable 401 293
Other liabilities 9,366 10,618
Subordinated debt 11,257 21,681
Total Liabilities 2,421,382 2,095,887
Shareholders’ Equity    
Preferred stock, par value $0.01 per share: 10,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock, par value $0.01 per share: 100,000,000 shares authorized; shares issued 59,317,448 as of September 30, 2018 and 57,518,609 as of December 31, 2017; shares outstanding 58,788,603 as of September 30, 2018 and 56,989,764 as of December 31, 2017 593 575
Additional paid in capital 268,613 256,285
Accumulated deficit (10,873) (18,983)
Treasury stock at cost (503,408 shares as of September 30, 2018 and December 31, 2017) (3,725) (3,725)
Stock held by deferred compensation plan (25,437 shares as of September 30, 2018 and December 31, 2017) (183) (183)
Accumulated other comprehensive loss (18,601) (7,509)
Total Shareholders’ Equity 235,824 226,460
Total Liabilities and Shareholders’ Equity $ 2,657,206 $ 2,322,347