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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Assets    
Cash and due from banks $ 15,610 $ 12,548
Interest earning deposits in other banks 54,313 23,032
Total cash and cash equivalents 69,923 35,580
Investment securities available for sale, at fair value 450,935 355,580
Loans held for sale, at lower of cost or fair value 9,755 2,586
Gross loans held for investment 1,247,280 1,193,483
Net deferred loan fees (1,132) (1,445)
Allowance for loan and lease losses (17,452) (16,802)
Net loans held for investment 1,228,696 1,175,236
Premises and equipment, net 37,342 37,820
Premises held for sale   1,978
Bank-owned life insurance 32,850 24,711
Goodwill 24,885 24,885
Deferred tax assets, net 21,272 24,920
Federal Home Loan Bank stock 7,853 7,853
Other intangible assets 4,298 5,347
Other assets 11,930 13,631
Total assets 1,899,739 1,710,127
Liabilities    
Non-interest bearing deposits 514,559 461,479
Interest bearing deposits 1,050,402 933,325
Total deposits 1,564,961 1,394,804
Short term FHLB borrowing 38,500 25,000
Long term FHLB borrowing 65,021 70,558
Junior subordinated debentures 10,438 13,233
Other liabilities 14,385 8,592
Total liabilities $ 1,693,305 $ 1,512,187
Commitments and contingencies (Note 15)
Shareholders' Equity    
Common stock, no par value; authorized: 100,000,000 shares; issued and outstanding: 34,353,014 shares and 33,905,060 shares at December 31, 2015 and December 31, 2014, respectively. $ 165,517 $ 164,196
Additional paid in capital 8,251 6,984
Retained earnings 32,200 24,772
Accumulated other comprehensive income 466 932
Total shareholders' equity 206,434 197,940
Total liabilities and shareholders' equity $ 1,899,739 1,710,127
Series C preferred stock    
Shareholders' Equity    
Preferred stock, 5,000,000 shares authorized: Series C preferred stock, $3.25 per share stated value; issued and outstanding: 0 shares at December 31, 2015 and 348,697 shares at December 31, 2014, respectively.   $ 1,056