|
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
|
Sep. 30, 2012
|
Dec. 31, 2011
|
| Assets |
|
|
| Cash and due from banks |
$ 44,865 |
$ 34,578 |
| Federal funds sold |
93,005 |
1,909 |
| Interest-bearing deposits in banks |
27,359 |
10,807 |
| Total cash and cash equivalents |
165,229 |
47,294 |
| Securities available-for-sale |
517,161 |
482,430 |
| Securities held-to-maturity |
816 |
3,490 |
| Loans held for sale |
4,446 |
5,820 |
| Loans held for investment, net of unearned income: |
|
|
| Covered under loss share agreements |
221,977 |
|
| Not covered under loss share agreements |
1,541,633 |
1,396,067 |
| Less allowance for loan losses |
25,835 |
26,205 |
| Loans held for investment, net |
1,737,775 |
1,369,862 |
| FDIC receivable under loss share agreements |
49,477 |
|
| Property, plant, and equipment, net |
62,191 |
54,721 |
| Other real estate owned: |
|
|
| Covered under loss share agreements |
3,553 |
|
| Not covered under loss share agreements |
5,957 |
5,914 |
| Interest receivable |
6,038 |
6,193 |
| Goodwill |
104,022 |
83,056 |
| Intangible assets |
3,713 |
4,326 |
| Other assets |
109,272 |
101,683 |
| Total assets |
2,769,650 |
2,164,789 |
| Deposits: |
|
|
| Noninterest-bearing |
335,100 |
240,268 |
| Interest-bearing |
1,728,860 |
1,303,199 |
| Total deposits |
2,063,960 |
1,543,467 |
| Interest, taxes, and other liabilities |
29,538 |
20,452 |
| Securities sold under agreements to repurchase |
146,904 |
129,208 |
| FHLB advances |
161,558 |
150,000 |
| Other borrowings |
15,877 |
15,933 |
| Total liabilities |
2,147,837 |
1,859,060 |
| Stockholders' equity |
|
|
| Common stock, $1 par value; 50,000,000 shares authorized; 20,308,827 and 18,082,822 shares issued at September 30, 2012, and December 31, 2011, respectively; 222,423 and 233,446 shares in treasury at September 30, 2012, and December 31, 2011, respectively |
20,309 |
18,083 |
| Additional paid-in capital |
213,320 |
188,118 |
| Retained earnings |
107,055 |
93,656 |
| Treasury stock, at cost |
(5,446) |
(5,721) |
| Accumulated other comprehensive loss |
(1,346) |
(7,328) |
| Total stockholders' equity |
351,813 |
305,729 |
| Total liabilities and stockholders' equity |
2,769,650 |
2,164,789 |
|
Undesignated Par Value
|
|
|
| Stockholders' equity |
|
|
| Preferred stock, undesignated par value; 1,000,000 shares authorized: Series A Noncumulative Convertible Preferred Stock, $0.01 par value; 25,000 shares authorized; 17,921 shares outstanding at September 30, 2012 and 18,921 outstanding at December 31, 2011 |
$ 17,921 |
$ 18,921 |