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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
ASSETS    
Cash and non-interest bearing balances due from banks $ 97,656 $ 54,347
Interest bearing balances due from banks 154,606 281,562
Cash and cash equivalents 252,262 335,909
Interest bearing balances due from banks – time 14,107  
Investment securities:    
Held-to-maturity 705,373 777,587
Available-for-sale 821,407 305,283
Total investments 1,526,780 1,082,870
Mortgage loans held for sale 30,265 21,265
Assets held in trading accounts 4,422 6,987
Loans:    
Legacy loans 3,246,454 2,053,721
Allowance for loan losses (31,351) (29,028)
Loans acquired, not covered by FDIC loss share (net of discount and allowance) [1] 1,672,901 575,980
Loans acquired, covered by FDIC loss share (net of discount and allowance) [1] 0 106,933
Net loans 4,888,004 2,707,606
FDIC indemnification asset   22,663
Premises and equipment 193,618 122,246
Premises held for sale 923 6,846
Foreclosed assets not covered by FDIC loss share 44,820 44,856
Foreclosed assets covered by FDIC loss share   11,793
Interest receivable 25,793 16,774
Bank owned life insurance 131,536 77,592
Goodwill 327,686 108,095
Other intangible assets 53,237 22,526
Other assets 66,205 55,326
Total assets 7,559,658 4,643,354
Deposits:    
Non-interest bearing transaction accounts 1,280,234 889,260
Interest bearing transaction accounts and savings deposits 3,485,845 2,006,271
Time deposits 1,320,017 965,187
Total deposits 6,086,096 3,860,718
Federal funds purchased and securities sold under agreements to repurchase 99,398 110,586
Long-term debt and other borrowings 162,289 114,682
Subordinated debentures 60,570 20,620
Accrued interest and other liabilities 74,450 42,429
Total liabilities 6,482,803 4,149,035
Stockholders’ equity:    
Preferred stock, 40,040,000 shares authorized; Series A, $0.01 par value, $1,000 liquidation value per share; 30,852 shares issued and outstanding at December 31, 2015 30,852  
Common stock, Class A, $0.01 par value; 120,000,000 shares authorized; 30,278,432 and 18,052,488 shares issued and outstanding at December 31, 2015 and 2014, respectively 303 181
Surplus 662,378 156,568
Undivided profits 385,987 338,906
Accumulated other comprehensive loss (2,665) (1,336)
Total stockholders’ equity 1,076,855 494,319
Total liabilities and stockholders’ equity $ 7,559,658 $ 4,643,354
[1] See Note 5, Loans Acquired, for segregation of loans acquired by loan class. In September 2015 the Company entered into an agreement withthe FDIC to terminate all loss sharing agreements.