XML 15 R2.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
ASSETS    
Cash and due from banks $ 35,685 $ 36,073
Interest bearing deposits with banks 36,788 25,869
Cash and cash equivalents 72,473 61,942
Investment securities available for sale, at fair value 321,014 464,430
Investment securities held to maturity, at amortized cost (fair value of $747,323 and $463,799, respectively) 761,563 472,213
Restricted stock, at cost 5,754 1,918
Mortgage loans held for sale, at fair value 20,887 43,375
Other loans held for sale 5,404 2,325
Loans receivable (net of allowance for loan losses of $8,615 and $8,599, respectively) 1,427,983 1,153,679
Premises and equipment, net 87,661 74,947
Other real estate owned, net 6,223 6,966
Accrued interest receivable 9,025 7,009
Goodwill 5,011 5,011
Other assets 30,299 28,532
Total Assets 2,753,297 2,322,347
Deposits    
Demand - non-interest bearing 519,056 438,500
Demand - interest bearing 1,042,561 807,736
Money market and savings 676,993 700,322
Time deposits 154,257 116,737
Total Deposits 2,392,867 2,063,295
Short-term borrowings 91,422
Accrued interest payable 558 293
Other liabilities 12,002 10,618
Subordinated debt 11,259 21,681
Total Liabilities 2,508,108 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 59,318,073 as of December 31, 2018 and 57,518,609 as of December 31, 2017; shares outstanding 58,789,228 as of December 31, 2018 and 56,989,764 as of December 31, 2017 593 575
Additional paid in capital 269,147 256,285
Accumulated deficit (8,716) (18,983)
Treasury stock at cost (503,408 shares as of December 31, 2018 and December 31, 2017) (3,725) (3,725)
Stock held by deferred compensation plan (25,437 shares as of December 31, 2018 and December 31, 2017) (183) (183)
Accumulated other comprehensive loss (11,927) (7,509)
Total Shareholders’ Equity 245,189 226,460
Total Liabilities and Shareholders’ Equity $ 2,753,297 $ 2,322,347