v3.8.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
ASSETS    
Cash and cash equivalents $ 177,356 $ 120,394
Securities available-for-sale (“AFS”) 513,067 519,364
Loans held for sale 148,266 154,380
Loans, net of deferred fees 3,914,970 3,663,727
Allowance for loan and lease losses (“ALLL”) (20,000) (18,400)
Net loans 3,894,970 3,645,327
Premises and equipment, net 6,716 6,581
Investment in FHLB stock 22,626 19,060
Deferred taxes 13,629 12,143
Real estate owned (“REO”) 2,165 2,920
Goodwill and intangibles 33,551 33,576
Other assets 29,836 27,440
Total Assets 4,842,182 4,541,185
Liabilities:    
Deposits 3,636,192 3,443,527
Borrowings 769,000 678,000
Accounts payable and other liabilities 24,876 24,707
Total Liabilities 4,430,068 4,146,234
Commitments and contingencies
Shareholders’ Equity    
Common Stock, par value $.001: 70,000,000 shares authorized; 39,056,436 and 38,207,766 shares issued and outstanding at March 31, 2018 and December 31, 2017, respectively 39 38
Additional paid-in-capital 327,951 314,501
Retained earnings 94,479 85,503
Accumulated other comprehensive loss, net of tax (10,355) (5,091)
Total Shareholders’ Equity 412,114 394,951
Total Liabilities and Shareholders’ Equity $ 4,842,182 $ 4,541,185