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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
ASSETS    
Cash $ 123,437 $ 114,138
Interest-bearing deposits due from banks 9,598 28,795
Total cash and cash equivalents 133,035 142,933
Investment securities available for sale, at fair value 623,242 628,046
Equity securities, at fair value 18,397 18,089
Investment securities held to maturity; fair value of $149,213 at March 31, 2018 and $138,688 at December 31, 2017 152,127 139,685
Federal Home Loan Bank and other membership bank stock, at cost 11,888 12,576
Loans, net of deferred costs (fees) 4,223,969 4,152,720
Less: allowance for loan and lease losses 35,644 35,455
Net loans 4,188,325 4,117,265
Loans held for sale 0 456
Premises and equipment, net 50,360 50,313
Accrued interest receivable 14,675 14,416
Goodwill 136,433 136,433
Other identifiable intangible assets 2,205 2,362
Bank owned life insurance 108,224 107,489
Other assets 38,918 35,576
TOTAL ASSETS 5,477,829 5,405,639
Deposits:    
Noninterest-bearing 974,641 967,335
Savings and interest-bearing transaction accounts 2,682,726 2,663,985
Time deposits $250 thousand and under 567,248 556,863
Time deposits over $250 thousand 223,350 180,565
Total deposits 4,447,965 4,368,748
Federal funds purchased and securities sold under agreements to repurchase 126,485 124,936
Other borrowings 176,974 192,011
Subordinated debentures 104,932 104,902
Other liabilities 32,825 31,920
TOTAL LIABILITIES 4,889,181 4,822,517
STOCKHOLDERS’ EQUITY    
Common stock, no par value; authorized 70,000,000 shares; issued shares, 47,475,579 at March 31, 2018 and 47,353,864 at December 31, 2017 513,232 512,734
Retained earnings 85,257 72,737
Accumulated other comprehensive income (9,841) (2,349)
TOTAL STOCKHOLDERS’ EQUITY 588,648 583,122
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 5,477,829 $ 5,405,639