XML 13 R2.htm IDEA: XBRL DOCUMENT v3.4.0.3
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Mar. 31, 2015
ASSETS      
Cash and due from banks, noninterest-bearing $ 52,393 $ 53,285 $ 84,208
Due from banks, interest-bearing 148,734 213,426 159,527
Federal funds sold 467 557 752
Total cash and cash equivalents 201,594 267,268 244,487
Securities available for sale 247,140 165,614 172,319
Securities held to maturity (fair values of $151,684, $157,146, and $174,756) 148,485 154,610 170,804
Presold mortgages in process of settlement 3,102 4,323 8,273
Loans - non-covered 2,439,830 2,416,285 2,275,570
Loans - covered by FDIC loss share agreement 99,523 102,641 119,829
Total loans 2,539,353 2,518,926 2,395,399
Allowance for loan losses - non-covered (25,249) (26,784) (33,770)
Allowance for loan losses - covered (1,399) (1,799) (2,226)
Total allowance for loan losses (26,648) (28,583) (35,996)
Net loans 2,512,705 2,490,343 2,359,403
Premises and equipment 75,268 74,559 75,573
Accrued interest receivable 8,986 9,166 8,744
FDIC indemnification asset 6,704 8,439 18,452
Goodwill 67,528 65,835 65,835
Other intangible assets 1,833 1,336 1,877
Foreclosed real estate - non-covered 8,767 9,188 8,978
Foreclosed real estate - covered 1,569 806 2,055
Bank-owned life insurance 72,594 72,086 55,793
Other assets 26,691 38,492 26,995
Total assets 3,382,966 3,362,065 3,219,588
LIABILITIES      
Deposits: Noninterest bearing checking accounts 679,228 659,038 591,283
Interest bearing checking accounts 607,617 626,878 578,784
Money market accounts 667,504 639,189 571,124
Savings accounts 194,573 186,616 183,036
Time deposits of $100,000 or more 391,317 403,545 433,942
Other time deposits 286,582 296,019 335,445
Total deposits 2,826,821 2,811,285 2,693,614
Borrowings 186,394 186,394 116,394
Accrued interest payable 554 585 619
Other liabilities 19,365 21,611 15,717
Total liabilities $ 3,033,134 $ 3,019,875 $ 2,826,344
Commitments and contingencies
SHAREHOLDERS' EQUITY      
Common stock, no par value per share. Authorized: 40,000,000 shares Issued & outstanding: 19,865,779, 19,747,509, and 19,740,183 shares $ 135,318 $ 133,393 $ 132,752
Retained earnings 210,250 205,060 190,150
Accumulated other comprehensive income (loss) (3,023) (3,550) (445)
Total shareholders' equity 349,832 342,190 393,244
Total liabilities and shareholders' equity $ 3,382,966 $ 3,362,065 3,219,588
Series B Preferred Stock [Member]      
SHAREHOLDERS' EQUITY      
Preferred stock, no par value per share. Authorized: 5,000,000 shares Series B issued & outstanding: None, None, and 63,500 shares Series C, convertible, issued & outstanding: 728,706, 728,706, and 728,706 shares 63,500
Series C Preferred Stock [Member]      
SHAREHOLDERS' EQUITY      
Preferred stock, no par value per share. Authorized: 5,000,000 shares Series B issued & outstanding: None, None, and 63,500 shares Series C, convertible, issued & outstanding: 728,706, 728,706, and 728,706 shares $ 7,287 $ 7,287 $ 7,287