Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Assets    
Cash and due from banks $ 138,507 $ 147,235
Securities available for sale, at fair value (amortized cost of $571,611 as of June 30, 2017 and $521,053 as of December 31, 2016) 571,846 516,964
Loans held for sale, at the lower of cost or fair value 10,949 9,316
Loans and leases receivable, net of allowance for loan and lease losses of $33,758 as of June 30, 2017 and $32,429 as of December 31, 2016 4,039,304 3,812,340
Accrued interest receivable 11,167 10,987
Premises and equipment, net 26,869 28,698
Other real estate owned (OREO), net 4,321 7,484
Customers’ liability on acceptances 1,481 978
Servicing assets 10,480 10,564
Goodwill and other intangible assets, net 12,712 12,889
Federal Home Loan Bank (FHLB) stock, at cost 16,385 16,385
Income tax asset, net 50,286 48,047
Bank-owned life insurance 49,982 49,440
Prepaid expenses and other assets 29,057 30,019
Total assets 4,973,346 4,701,346
Deposits:    
Noninterest-bearing 1,260,929 1,203,240
Interest-bearing 2,998,244 2,606,497
Total deposits 4,259,173 3,809,737
Accrued interest payable 3,432 2,567
Bank’s liability on acceptances 1,481 978
FHLB advances 20,000 315,000
Subordinated debentures 117,011 18,978
Accrued expenses and other liabilities 22,109 23,061
Total liabilities 4,423,206 4,170,321
Stockholders’ equity:    
Common stock, $0.001 par value; authorized 62,500,000 shares; issued 33,039,034 shares (32,393,856 shares outstanding) as of June 30, 2017 and issued 32,946,197 shares (32,330,747 shares outstanding) as of December 31, 2016 33 33
Additional paid-in capital 563,948 562,446
Accumulated other comprehensive income (loss), net of tax expense of $98 as of June 30, 2017 and tax benefit of $1,696 as of December 31, 2016 137 (2,394)
Retained earnings 57,717 41,726
Less: treasury stock, at cost; 645,178 shares as of June 30, 2017 and 615,450 shares as of December 31, 2016 (71,695) (70,786)
Total stockholders’ equity 550,140 531,025
Total liabilities and stockholders’ equity $ 4,973,346 $ 4,701,346