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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
ASSETS    
Cash and due from banks $ 19,404 $ 17,735
Interest bearing deposits with other banks 38,945 28,798
Cash and cash equivalents 58,349 46,533
Securities available-for-sale, at fair value 583,236 608,560
Securities held-to-maturity, at amortized cost ($117,277 and $138,082 fair value at December 31, 2017 and 2016, respectively) 117,163 138,846
Restricted stock, at cost 16,343 14,993
Loans held for sale 5,212 23,976
Loans and leases:    
Loans and leases 2,277,492 2,148,011
Allowance for loan and lease losses (16,706) (10,923)
Net loans and leases 2,260,786 2,137,088
Servicing assets, at fair value 21,400 21,091
Accrued interest receivable 7,670 6,866
Premises and equipment, net 95,224 102,074
Assets held for sale 9,779 14,748
Other real estate owned, net 10,626 16,570
Goodwill 51,975 51,975
Other intangible assets, net 16,756 19,826
Bank-owned life insurance 5,718 6,557
Deferred tax assets, net 49,963 67,760
Due from counterparty 39,824  
Other assets 16,106 18,367
Total assets 3,366,130 3,295,830
LIABILITIES    
Non-interest bearing demand deposits 760,887 724,457
Interest bearing deposits:    
NOW, savings accounts, and money market accounts 973,685 989,421
Time deposits 708,757 776,516
Total deposits 2,443,329 2,490,394
Accrued interest payable 1,306 2,427
Line of credit   20,650
Federal Home Loan Bank advances 361,506 313,715
Securities sold under agreements to repurchase 31,187 17,249
Junior subordinated debentures issued to capital trusts, net 27,647 26,926
Accrued expenses and other liabilities 42,577 41,811
Total liabilities 2,907,552 2,913,172
COMMITMENTS AND CONTINGENT LIABILITIES (Note 17)
STOCKHOLDERS’ EQUITY (Note 25)    
Preferred stock 10,438 25,441
Common stock, voting $0.01 par value at December 31, 2017 and no par value at December 31, 2016; 150,000,000 shares authorized at December 31, 2017 and 2016; 29,317,298 shares issued and outstanding at December 31, 2017 and 24,616,706 issued and outstanding at December 31, 2016 292  
Additional paid-in capital 391,586 313,552
Retained earnings 61,349 50,933
Accumulated other comprehensive loss, net of tax (5,087) (7,268)
Total stockholders’ equity 458,578 382,658
Total liabilities and stockholders’ equity $ 3,366,130 $ 3,295,830