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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Assets    
Cash and due from banks $ 15,768 $ 15,610
Interest earning deposits in other banks 40,274 54,313
Total cash and cash equivalents 56,042 69,923
Investment securities available for sale, at fair value 446,877 450,935
Loans held for sale, at lower of cost or fair value 8,534 9,755
Gross loans held for investment 1,333,719 1,247,280
Net deferred loan fees (1,181) (1,132)
Allowance for loan and lease losses (17,448) (17,452)
Net loans held for investment 1,315,090 1,228,696
Premises and equipment, net 36,613 37,342
Bank-owned life insurance 33,284 32,850
Goodwill 24,885 24,885
Deferred tax assets, net 15,321 21,272
Federal Home Loan Bank stock 7,853 7,853
Other intangible assets 3,812 4,298
Other assets 13,221 11,930
Total assets 1,961,532 1,899,739
Liabilities    
Non-interest bearing deposits 546,520 514,559
Interest bearing deposits 1,060,569 1,050,402
Total deposits 1,607,089 1,564,961
Short term FHLB borrowing 49,500 38,500
Long term FHLB borrowing 71,003 65,021
Junior subordinated debentures 10,529 10,438
Other liabilities 9,529 14,385
Total liabilities 1,747,650 1,693,305
Shareholders' Equity    
Common stock, no par value; authorized: 100,000,000 shares; issued and outstanding: 34,205,542 shares and 34,353,014 shares as of June 30, 2016 and December 31, 2015, respectively. 163,931 165,517
Additional paid in capital 8,668 8,251
Retained earnings 36,295 32,200
Accumulated other comprehensive income 4,988 466
Total shareholders' equity 213,882 206,434
Total liabilities and shareholders' equity $ 1,961,532 $ 1,899,739