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, 2018
Dec. 31, 2017
Assets    
Cash and due from banks $ 151,611 $ 153,826
Securities available for sale, at fair value (amortized cost of $581,874 as of March 31, 2018 and $581,992 as of December 31, 2017) 570,351 578,804
Loans held for sale, at the lower of cost or fair value 6,008 6,394
Loans and leases receivable, net of allowance for loan and lease losses of $31,777 as of March 31, 2018 and $31,043 as of December 31, 2017 4,381,780 4,273,415
Accrued interest receivable 12,751 12,770
Premises and equipment, net 26,465 26,655
Other real estate owned (OREO), net 1,660 1,946
Customers’ liability on acceptances 870 803
Servicing assets 9,867 10,218
Goodwill and other intangible assets, net 12,454 12,544
Federal Home Loan Bank (FHLB) stock, at cost 16,385 16,385
Bank-owned life insurance 50,831 50,554
Prepaid expenses and other assets 66,268 68,117
Total assets 5,305,641 5,210,485
Deposits:    
Noninterest-bearing 1,352,162 1,312,274
Interest-bearing 3,025,939 3,036,380
Total deposits 4,378,101 4,348,654
Accrued interest payable 5,931 5,309
Bank’s liability on acceptances 870 803
Borrowings 220,000 150,000
Subordinated debentures 117,400 117,270
Accrued expenses and other liabilities 19,061 25,972
Total liabilities 4,741,363 4,648,008
Stockholders’ equity:    
Common stock, $0.001 par value; authorized 62,500,000 shares; issued 33,167,768 shares (32,502,658 shares outstanding) as of March 31, 2018 and issued 33,083,133 shares (32,431,627 shares outstanding) as of December 31, 2017 33 33
Additional paid-in capital 567,081 565,627
Accumulated other comprehensive loss, net of tax benefit of $3,316 as of March 31, 2018 and $1,319 as of December 31, 2017 (8,207) (1,869)
Retained earnings 77,691 70,575
Less: treasury stock, at cost; 665,110 shares as of March 31, 2018 and 651,506 shares as of December 31, 2017 (72,320) (71,889)
Total stockholders’ equity 564,278 562,477
Total liabilities and stockholders’ equity $ 5,305,641 $ 5,210,485