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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Assets    
Cash and due from banks $ 47,700 $ 39,709
Federal funds sold and interest bearing deposits 81,378 8,264
Cash and cash equivalents 129,078 47,973
Mortgage loans held for sale 5,459 3,213
Securities available-for-sale (amortized cost of $571,953 in 2017 and $571,936 in 2016) 571,522 570,074
Federal Home Loan Bank stock and other securities 7,666 6,347
Loans 2,335,120 2,305,375
Less allowance for loan losses 24,948 24,007
Net loans 2,310,172 2,281,368
Premises and equipment, net 41,498 42,384
Bank owned life insurance 31,854 31,867
Accrued interest receivable 8,162 6,878
Other assets 50,502 49,377
Total assets 3,155,913 3,039,481
Liabilities and Stockholders’ Equity    
Non-interest bearing 676,824 680,156
Interest bearing 1,805,142 1,840,392
Total deposits 2,481,966 2,520,548
Securities sold under agreements to repurchase 71,863 67,595
Federal funds purchased and other short-term borrowings 161,961 47,374
Federal Home Loan Bank advances 50,110 51,075
Accrued interest payable 212 144
Other liabilities 55,546 38,873
Total liabilities 2,821,658 2,725,609
Stockholders’ equity:    
Preferred stock, no par value. Authorized 1,000,000 shares; no shares issued or outstanding
Common stock, no par value. Authorized 40,000,000 shares; issued and outstanding 22,669,339 and 22,617,098 shares in 2017 and 2016, respectively 36,424 36,250
Additional paid-in capital 30,681 26,682
Retained earnings 267,681 252,439
Accumulated other comprehensive loss (531) (1,499)
Total stockholders’ equity 334,255 313,872
Total liabilities and stockholders’ equity $ 3,155,913 $ 3,039,481