Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Assets    
Cash and due from banks $ 138,592 $ 147,235
Securities available for sale, at fair value (amortized cost of $550,748 as of March 31, 2017 and $521,053 as of December 31, 2016) 548,010 516,964
Loans held for sale, at the lower of cost or fair value 8,849 9,316
Loans and leases receivable, net of allowance for loan and lease losses of $33,152 as of March 31, 2017 and $32,429 as of December 31, 2016 3,910,799 3,812,340
Accrued interest receivable 10,774 10,987
Premises and equipment, net 28,350 28,698
Other real estate owned (OREO), net 4,636 7,484
Customers’ liability on acceptances 932 978
Servicing assets 10,609 10,564
Goodwill and other intangible assets, net 12,797 12,889
Federal Home Loan Bank (FHLB) stock, at cost 16,385 16,385
Income tax asset, net 40,049 48,047
Bank-owned life insurance 49,722 49,440
Prepaid expenses and other assets 31,317 30,019
Total assets 4,811,821 4,701,346
Deposits:    
Noninterest-bearing 1,241,272 1,203,240
Interest-bearing 2,841,893 2,606,497
Total deposits 4,083,165 3,809,737
Accrued interest payable 2,619 2,567
Bank’s liability on acceptances 932 978
FHLB advances 50,000 315,000
Subordinated debentures 116,795 18,978
Accrued expenses and other liabilities 18,768 23,061
Total liabilities 4,272,279 4,170,321
Stockholders’ equity:    
Common stock, $0.001 par value; authorized 62,500,000 shares; issued 33,028,608 shares (32,392,580 shares outstanding) as of March 31, 2017 and issued 32,946,197 shares (32,330,747 shares outstanding) as of December 31, 2016 33 33
Additional paid-in capital 563,151 562,446
Accumulated other comprehensive income (loss), net of tax benefit of $1,135 as of March 31, 2017 and $1,695 as of December 31, 2016 (1,603) (2,394)
Retained earnings 49,395 41,726
Less: treasury stock, at cost; 636,028 shares as of March 31, 2017 and 615,450 shares as of December 31, 2016 (71,434) (70,786)
Total stockholders’ equity 539,542 531,025
Total liabilities and stockholders’ equity $ 4,811,821 $ 4,701,346