XML 14 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Jun. 30, 2015
Assets      
Cash and due from banks $ 11,013 $ 10,270 $ 9,780
Federal funds sold 5,444 3,791 6,276
Interest bearing deposits with banks and other short-term investments 230,041 284,302 380,839
Investment securities available-for-sale, at fair value 409,512 487,869 423,709
Federal Reserve and Federal Home Loan Bank stock 19,864 16,903 16,828
Loans held for sale 59,323 47,492 132,683
Loans 5,403,429 4,998,368 4,550,897
Less allowance for credit losses (56,536) (52,687) (48,921)
Loans, net 5,346,893 4,945,681 4,501,976
Premises and equipment, net 18,209 18,254 17,185
Deferred income taxes 41,321 40,311 34,164
Bank owned life insurance 59,357 58,682 57,889
Intangible assets, net 108,021 108,542 109,957
Other real estate owned 3,152 5,852 10,715
Other assets 53,170 47,628 50,668
Total Assets 6,365,320 6,075,577 5,752,669
Liabilities      
Noninterest bearing demand 1,631,732 1,405,067 1,370,590
Interest bearing transaction 293,401 178,797 220,382
Savings and money market 2,634,446 2,835,325 2,439,337
Time, $100,000 or more 434,102 406,570 430,321
Other time 342,307 332,685 364,803
Total deposits 5,335,988 5,158,444 4,825,433
Customer repurchase agreements 80,508 72,356 53,394
Other short-term borrowings 50,000
Long-term borrowings 68,989 68,928 72,916
Other liabilities 41,207 37,248 35,865
Total Liabilities 5,576,692 5,336,976 4,987,608
Shareholders' Equity      
Preferred stock, par value $.01 per share, shares authorized 1,000,000, Series B, $1,000 per share liquidation preference, shares issued and outstanding -0- at June 30, 2016 and December 31, 2015, and 56,600 at June 30, 2015; Series C, $1,000 per share liquidation preference, shares issued and outstanding -0- at June 30, 2016 and December 31, 2015, and 15,300 at June 30, 2015 71,900
Common stock, par value $.01 per share; shares authorized 100,000,000, shares issued and outstanding 33,584,898, 33,467,893 and 33,394,563 respectively 333 331 330
Warrant 946 946 946
Additional paid in capital 507,602 503,529 498,704
Retained earnings 281,071 233,604 190,035
Accumulated other comprehensive (loss) income (1,324) 191 3,146
Total Shareholders' Equity 788,628 738,601 765,061
Total Liabilities and Shareholders' Equity $ 6,365,320 $ 6,075,577 $ 5,752,669