CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands |
Dec. 31, 2016 |
Dec. 31, 2015 |
| ASSETS |
|
|
| Cash and cash equivalents |
$ 289,309
|
$ 210,082
|
| Securities available for sale |
481,275
|
517,058
|
| Securities held to maturity (fair value of $53,249 in 2016 and $39,196 in 2015) |
52,864
|
38,727
|
| Mortgage loans held for sale, at fair value |
11,662
|
4,083
|
| Consumer loans held for sale, at fair value |
2,198
|
|
| Consumer loans held for sale, at the lower of cost or fair value |
1,310
|
514
|
| Loans |
3,810,778
|
3,326,610
|
| Allowance for loan and lease losses |
(32,920)
|
(27,491)
|
| Loans, net |
3,777,858
|
3,299,119
|
| Federal Home Loan Bank stock, at cost |
28,208
|
28,208
|
| Premises and equipment, net |
42,869
|
31,106
|
| Goodwill |
16,300
|
10,168
|
| Other real estate owned |
1,391
|
1,220
|
| Bank owned life insurance |
61,794
|
52,817
|
| Other assets and accrued interest receivable |
49,271
|
37,187
|
| TOTAL ASSETS |
4,816,309
|
4,230,289
|
| Deposits: |
|
|
| Noninterest-bearing |
971,937
|
634,863
|
| Interest-bearing |
2,188,755
|
1,852,614
|
| Total deposits |
3,160,692
|
2,487,477
|
| Securities sold under agreements to repurchase and other short-term borrowings |
173,473
|
395,433
|
| Federal Home Loan Bank advances |
802,500
|
699,500
|
| Subordinated note |
41,240
|
41,240
|
| Other liabilities and accrued interest payable |
33,998
|
30,092
|
| Total liabilities |
4,211,903
|
3,653,742
|
| Commitments and contingent liabilities (Footnote 13) |
|
|
| STOCKHOLDERS' EQUITY |
|
|
| Preferred stock, no par value, 100,000 shares authorized, |
|
|
| Class A Common Stock, no par value, 30,000,000 shares authorized, 18,614,961 shares (2016) and 18,651,841 shares (2015) issued and outstanding; Class B Common Stock, no par value, 5,000,000 shares authorized, 2,245,011 shares (2016) and 2,245,250 shares (2015) issued and outstanding |
4,906
|
4,915
|
| Additional paid in capital |
138,192
|
136,910
|
| Retained earnings |
460,621
|
432,673
|
| Accumulated other comprehensive income |
687
|
2,049
|
| Total stockholders' equity |
604,406
|
576,547
|
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY |
$ 4,816,309
|
$ 4,230,289
|