|
Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified
|
Dec. 31, 2014
|
Dec. 31, 2013
|
| Assets |
|
|
| Cash and due from banks |
$ 13,246 |
$ 17,599 |
| Interest-bearing deposits with banks |
58,359 |
95,555 |
| Federal funds sold |
0 |
3,405 |
| Cash and cash equivalents |
71,605 |
116,559 |
| Investment securities available-for-sale |
149,590 |
168,865 |
| Investment securities held-to-maturity |
7,349 |
4,051 |
| Loans held-for-sale (includes loans at fair value: $181,424 and $127,850, respectively) |
368,935 |
187,366 |
| Loans (includes covered loans of $34,813 and $58,365, respectively) |
2,253,306 |
1,893,037 |
| Allowance for loan losses |
(25,450) |
(33,684) |
| Loans, net of allowance for loan losses |
2,227,856 |
1,859,353 |
| Premises and equipment, net |
60,857 |
44,555 |
| Other real estate, net (includes covered assets of $7,581 and $6,191, respectively) |
22,564 |
30,982 |
| Bank owned life insurance |
59,553 |
33,855 |
| Servicing rights |
64,897 |
53,202 |
| Other assets |
52,019 |
65,380 |
| Total assets |
3,085,225 |
2,564,168 |
| Deposits |
|
|
| Noninterest-bearing demand deposits |
558,018 |
488,224 |
| Interest-bearing deposits |
1,900,004 |
1,714,228 |
| Total deposits |
2,458,022 |
2,202,452 |
| Other borrowings |
291,087 |
59,233 |
| Subordinated debt |
46,393 |
46,393 |
| Other liabilities |
24,772 |
19,860 |
| Total liabilities |
2,820,274 |
2,327,938 |
| Shareholders' equity |
|
|
| Preferred stock, no par value. Authorized 10,000,000; zero issued |
0 |
0 |
| Common stock, no par value. Authorized 50,000,000; issued and outstanding 21,365,098 and 21,342,549, respectively |
162,575 |
159,346 |
| Accumulated other comprehensive income, net of tax |
2,814 |
968 |
| Retained earnings |
99,562 |
75,916 |
| Total shareholders’ equity |
264,951 |
236,230 |
| Total liabilities and shareholders’ equity |
$ 3,085,225 |
$ 2,564,168 |