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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Assets    
Cash and due from banks $ 71,494 $ 72,918
Short-term investments 41,581 30,644
Total cash and cash equivalents 113,075 103,562
Trading security 13,229 14,189
Securities available for sale, at fair value 1,209,537 1,154,457
Securities held to maturity (fair values of $337,680 in 2016 and $136,904 in 2015) 334,368 131,652
Federal Home Loan Bank stock and other restricted securities 71,112 71,018
Total securities 1,628,246 1,371,316
Loans held for sale, at fair value 120,673 13,191
Commercial real estate 2,616,438 2,059,767
Commercial and industrial loans 1,062,038 1,048,263
Residential mortgages 1,893,131 1,815,035
Consumer loans 978,180 802,171
Total loans 6,549,787 5,725,236
Less: Allowance for loan losses (43,998) (39,308)
Net loans 6,505,789 5,685,928
Premises and equipment, net 93,215 88,072
Other real estate owned 151 1,725
Goodwill 403,106 323,943
Other intangible assets 19,445 10,664
Cash surrender value of bank-owned life insurance 139,257 125,233
Deferred tax assets, net 41,128 42,526
Other assets 98,457 64,926
Total assets 9,162,542 7,831,086
Liabilities    
Demand deposits 1,278,875 1,081,860
NOW deposits 570,583 510,807
Money market deposits 1,781,605 1,408,107
Savings deposits 657,486 601,761
Time deposits 2,333,543 1,986,600
Total deposits 6,622,092 5,589,135
Short-term debt 1,082,044 1,071,200
Long-term Federal Home Loan Bank advances 142,792 103,135
Subordinated notes 89,161 88,983
Total borrowings 1,313,997 1,263,318
Other liabilities 133,155 91,444
Total liabilities 8,069,244 6,943,897
Shareholders’ equity    
Common stock ($.01 par value; 50,000,000 shares authorized, 36,732,129 shares issued, and 35,672,817 shares outstanding in 2016; 50,000,000 shares authorized, 32,321,962 shares issued, and 30,973,986 shares outstanding in 2015) 366 322
Additional paid-in capital 898,989 742,619
Unearned compensation (6,374) (6,997)
Retained earnings 217,494 183,885
Accumulated other comprehensive income (loss) 9,766 (3,305)
Treasury stock, at cost (1,059,312 shares in 2016 and 1,179,045 shares in 2015) (26,943) (29,335)
Total shareholders’ equity 1,093,298 887,189
Total liabilities and shareholders’ equity $ 9,162,542 $ 7,831,086