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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
ASSETS    
Cash and due from financial institutions $ 64,754 $ 40,519
Securities available for sale 316,966 230,230
Equity securities 1,146 832
Loans held for sale 4,025 2,197
Loans, net of allowance of $13,331 and $13,134 1,502,313 1,151,527
Other securities 17,774 14,247
Premises and equipment, net 22,518 17,611
Accrued interest receivable 6,878 4,488
Goodwill 76,316 27,095
Other intangible assets 9,648 1,279
Bank owned life insurance 42,750 25,125
Other assets 20,447 10,707
Total assets 2,085,535 1,525,857
Deposits    
Noninterest-bearing 466,527 361,964
Interest-bearing 1,111,228 842,959
Total deposits 1,577,755 1,204,923
Federal Home Loan Bank advances 145,100 71,900
Securities sold under agreements to repurchase 18,515 21,755
Subordinated debentures 29,427 29,427
Accrued expenses and other liabilities 25,350 13,391
Total liabilities 1,796,147 1,341,396
SHAREHOLDERS’ EQUITY    
Preferred shares, no par value, 200,000 shares authorized, Series B Preferred shares, $1,000 liquidation preference, 11,756 shares issued at September 30, 2018 and 18,760 shares issued at December 31, 2017, net of issuance costs 10,878 17,358
Common shares, no par value, 20,000,000 shares authorized, 16,143,028 shares issued at September 30, 2018 and 10,946,439 shares issued at December 31, 2017 265,324 153,810
Retained earnings 35,302 31,652
Treasury shares, 747,964 common shares at cost (17,235) (17,235)
Accumulated other comprehensive loss (4,881) (1,124)
Total shareholders’ equity 289,388 184,461
Total liabilities and shareholders’ equity $ 2,085,535 $ 1,525,857