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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Assets    
Cash and due from banks $ 54,288 $ 47,935
Federal funds sold 446 91
Interest-bearing deposits (including $675 and $1,320 pledged as collateral, respectively) 144,068 46,131
Total cash and cash equivalents 198,802 94,157
Interest-bearing deposits greater than 90 days 980 1,000
Securities available for sale 460,797 451,770
Securities held to maturity 80,463 43,714
Loans held for sale 9,562 6,598
Portfolio loans 3,118,392 2,750,737
Less: Allowance for loan losses 37,565 33,441
Portfolio loans, net 3,080,827 2,717,296
Purchased credit impaired loans, net of allowance for loan losses ($5,844 and $10,175, respectively) 33,925 64,583
Total loans, net 3,114,752 2,781,879
Other real estate 980 8,366
Other investments, at cost 14,840 17,455
Fixed assets, net 14,910 14,842
Accrued interest receivable 11,117 8,399
State tax credits, held for sale, including $3,585 and $5,941 carried at fair value, respectively 38,071 45,850
Goodwill 30,334 30,334
Intangible assets, net 2,151 3,075
Other assets 103,569 101,044
Total assets 4,081,328 3,608,483
Liabilities and Shareholders' equity    
Demand deposits 866,756 717,460
Interest-bearing transaction accounts 731,539 564,420
Money market accounts 1,050,472 1,053,662
Savings 111,435 92,861
Certificates of deposit:    
Brokered 117,145 39,573
Other 356,014 316,615
Total deposits 3,233,361 2,784,591
Subordinated debentures (net of debt issuance cost of $1,267 and $0, respectively) 105,540 56,807
Federal Home Loan Bank advances 0 110,000
Other borrowings 276,980 270,326
Accrued interest payable 1,105 629
Other liabilities 77,244 35,301
Total liabilities 3,694,230 3,257,654
Shareholders' equity:    
Preferred stock, $0.01 par value; 5,000,000 shares authorized; 0 shares issued and outstanding 0 0
Common stock, $0.01 par value; 30,000,000 shares authorized; 20,306,353 and 20,093,119 shares issued, respectively 203 201
Treasury stock, at cost; 261,718 and 76,000 shares, respectively (6,632) (1,743)
Additional paid in capital 213,078 210,589
Retained earnings 182,190 141,564
Accumulated other comprehensive income (1,741) 218
Total shareholders' equity 387,098 350,829
Total liabilities and shareholders' equity $ 4,081,328 $ 3,608,483