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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Cash and cash equivalents:    
Cash and due from banks $ 52,561 $ 46,354
Interest bearing deposits 19,743 31,178
Federal funds sold 273 273
Total cash and cash equivalents 72,577 77,805
Investment securities available-for-sale 494,819 310,262
Investment securities held-to-maturity, estimated fair value of $142,272 ($142,260 in 2015) 140,557 139,424
Federal Home Loan Bank (FHLB) stock 3,268 3,000
Loans held for sale 8,651 3,621
Loans, net 2,077,358 1,662,095
Premises and equipment, net 48,658 42,031
Bank-owned life insurance (BOLI) 56,957 54,450
Other real estate owned (OREO), net 1,677 3,274
Deferred tax asset (DTA), net 45,172 50,673
Core Deposit Intangible (CDI) 12,317 6,863
Goodwill 85,852 78,610
Other assets 31,195 35,921
Total assets 3,079,058 2,468,029
Deposits:    
Demand 916,197 727,730
Interest bearing demand 1,327,975 1,044,134
Savings 197,279 135,527
Time 220,362 175,697
Total deposits 2,661,813 2,083,088
Other liabilities 47,593 48,167
Total liabilities 2,709,406 2,131,255
Stockholders’ equity:    
Preferred stock, no par value; 5,000,000 shares authorized; none issued or outstanding 0 0
Common stock, no par value; 100,000,000 shares authorized; 76,262,184 issued and outstanding as of December 31, 2016; 72,792,570 issued and outstanding as of December 31, 2015 471,718 452,925
Accumulated deficit (101,001) (117,772)
Accumulated other comprehensive (loss) income (1,065) 1,621
Total stockholders’ equity 369,652 336,774
Total liabilities and stockholders’ equity $ 3,079,058 $ 2,468,029