Consolidated Balance Sheets - USD ($) $ in Thousands |
Dec. 31, 2016 |
Dec. 31, 2015 |
| ASSETS |
|
|
| Cash and due from banks |
$ 34,162
|
$ 53,840
|
| Interest-earning balances at banks |
48,882
|
16,451
|
| Federal funds sold |
570
|
235
|
| Investment securities available-for-sale, at fair value |
402,501
|
384,934
|
| Investment securities held-to-maturity (fair value of $92,828 and $107,629 at December 31, 2016 and 2015, respectively) |
91,752
|
106,458
|
| Nonmarketable equity securities |
17,501
|
11,366
|
| Loans held for sale |
7,996
|
4,943
|
| Loans: |
|
|
| Non-covered |
2,412,186
|
1,724,164
|
| Covered |
0
|
17,651
|
| Less allowance for loan losses |
(12,125)
|
(9,064)
|
| Net loans |
2,400,061
|
1,732,751
|
| Premises and equipment, net |
63,080
|
55,658
|
| Bank-owned life insurance |
70,785
|
58,633
|
| Deferred tax asset |
25,721
|
28,971
|
| Other real estate owned - noncovered |
2,438
|
4,211
|
| Other real estate owned - covered |
0
|
1,240
|
| Goodwill |
63,317
|
29,197
|
| FDIC indemnification asset |
0
|
943
|
| Core deposit intangible |
11,438
|
9,571
|
| Accrued interest receivable |
6,799
|
5,082
|
| Other assets |
8,392
|
9,780
|
| Total assets |
3,255,395
|
2,514,264
|
| LIABILITIES AND SHAREHOLDERS' EQUITY |
|
|
| Noninterest-bearing |
521,295
|
350,836
|
| Interest-bearing |
1,992,457
|
1,601,826
|
| Total deposits |
2,513,752
|
1,952,662
|
| Short-term borrowings |
285,000
|
185,000
|
| Long-term borrowings |
29,736
|
30,000
|
| Subordinated loan and junior subordinated debt |
33,501
|
24,262
|
| Accrued interest payable |
541
|
515
|
| Accrued expenses and other liabilities |
37,021
|
37,121
|
| Total liabilities |
2,899,551
|
2,229,560
|
| Commitments (Notes 15 and 16) |
|
|
| Shareholders' equity: |
|
|
| Common stock, $1.00 par value 200,000,000 shares authorized; 53,116,519 and 44,854,509 shares issued and outstanding at December 31, 2016 and 2015, respectively |
53,117
|
44,854
|
| Additional paid-in capital |
273,400
|
222,596
|
| Retained earnings |
32,609
|
20,117
|
| Accumulated other comprehensive loss |
(3,282)
|
(2,863)
|
| Total shareholders' equity |
355,844
|
284,704
|
| Total liabilities and shareholders' equity |
$ 3,255,395
|
$ 2,514,264
|