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Consolidated Balance Sheets - USD ($)
Dec. 31, 2016
Dec. 31, 2015
ASSETS    
Cash and due from banks $ 50,200,000 $ 42,829,000
Interest-earning deposits 133,396,000 46,463,000
Federal funds sold 0 599,000
Total cash and cash equivalents 183,596,000 89,891,000
Securities available for sale 328,060,000 346,992,000
Federal Home Loan Bank stock 8,026,000 7,567,000
Loans 2,378,620,000 2,277,727,000
Allowance for loan losses (17,961,000) (15,681,000)
Loans, net 2,360,659,000 2,262,046,000
Premises and equipment, net 45,456,000 46,862,000
Bank owned life insurance 67,198,000 58,971,000
Goodwill 49,473,000 49,473,000
Core deposit intangible 9,957,000 12,631,000
Other assets 30,146,000 29,123,000
Total assets 3,082,571,000 2,903,556,000
LIABILITIES AND SHAREHOLDERS' EQUITY    
Noninterest-bearing 810,600,000 674,568,000
Interest-bearing 1,564,385,000 1,600,814,000
Total deposits 2,374,985,000 2,275,382,000
Securities sold under agreements to repurchase 131,710,000 154,771,000
Federal Home Loan Bank advances 175,000,000 68,000,000
Subordinated debentures 44,835,000 55,154,000
Accrued interest and other liabilities 15,230,000 16,445,000
Total liabilities 2,741,760,000 2,569,752,000
Shareholders' equity    
Preferred stock, no par value; 1,000,000 shares authorized; 0 shares outstanding at December 31, 2016 and December 31, 2015 0 0
Common stock, no par value; 40,000,000 shares authorized; 16,416,695 shares outstanding at December 31, 2016 and 16,358,711 shares outstanding at December 31, 2015 305,488,000 304,819,000
Retained earnings 40,904,000 27,722,000
Accumulated other comprehensive income (loss) (5,581,000) 1,263,000
Total shareholders’ equity 340,811,000 333,804,000
Total liabilities and shareholders’ equity $ 3,082,571,000 $ 2,903,556,000