v3.3.0.814
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
ASSETS    
Cash and cash equivalents $ 206,338 $ 29,692
Securities available-for-sale (“AFS”) 360,559 138,270
Loans held for sale 108,903  
Loans, net of deferred fees 1,536,005 1,166,392
Allowance for loan and lease losses (“ALLL”) (11,300) (10,150)
Net loans 1,524,705 1,156,242
Investment in FHLB stock 17,820 12,361
Premises and equipment, net 2,397 2,187
Deferred taxes 11,969 9,748
Real estate owned (“REO”) 4,492 334
Goodwill and intangibles 2,481 197
Other assets 9,083 6,393
Total Assets 2,248,747 1,355,424
Liabilities:    
Deposits 1,321,527 962,954
Borrowings 660,000 282,886
Accounts payable and other liabilities 9,924 10,088
Total Liabilities $ 1,991,451 $ 1,255,928
Commitments and contingencies
Shareholders’ Equity    
Common Stock, par value $.001: 20,000,000 shares authorized; 15,962,686 and 7,845,182 shares issued and outstanding at September 30, 2015 and December 31, 2014, respectively $ 16 $ 8
Additional paid-in-capital 226,796 78,204
Retained earnings 28,714 20,384
Accumulated other comprehensive income, net of tax 1,770 900
Total Shareholders’ Equity 257,296 99,496
Total Liabilities and Shareholders’ Equity $ 2,248,747 $ 1,355,424