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, 2018
Dec. 31, 2017
Assets    
Cash and due from banks $ 136,474 $ 153,826
Securities available for sale, at fair value (amortized cost of $578,621 as of June 30, 2018 and $581,992 as of December 31, 2017) 565,529 578,804
Loans held for sale, at the lower of cost or fair value 5,349 6,394
Loans and leases receivable, net of allowance for loan and lease losses of $31,818 as of June 30, 2018 and $31,043 as of December 31, 2017 4,510,308 4,273,415
Accrued interest receivable 12,940 12,770
Premises and equipment, net 26,324 26,655
Customers’ liability on acceptances 971 803
Servicing assets 9,255 10,218
Goodwill and other intangible assets, net 12,363 12,544
Federal Home Loan Bank (FHLB) stock, at cost 16,385 16,385
Bank-owned life insurance 51,087 50,554
Prepaid expenses and other assets 68,217 68,117
Total assets 5,415,202 5,210,485
Deposits:    
Noninterest-bearing 1,350,383 1,312,274
Interest-bearing 3,076,152 3,036,380
Total deposits 4,426,535 4,348,654
Accrued interest payable 5,775 5,309
Bank’s liability on acceptances 971 803
Borrowings 270,000 150,000
Subordinated debentures 117,532 117,270
Accrued expenses and other liabilities 22,682 25,972
Total liabilities 4,843,495 4,648,008
Stockholders’ equity:    
Common stock, $0.001 par value; authorized 62,500,000 shares; issued 33,185,196 shares (32,513,518 shares outstanding) as of June 30, 2018 and issued 33,083,133 shares (32,431,627 shares outstanding) as of December 31, 2017 33 33
Additional paid-in capital 568,011 565,627
Accumulated other comprehensive loss, net of tax benefit of $3,768 as of June 30, 2018 and $1,319 as of December 31, 2017 (9,324) (1,869)
Retained earnings 85,465 70,575
Less: treasury stock, at cost; 671,678 shares as of June 30, 2018 and 651,506 shares as of December 31, 2017 (72,478) (71,889)
Total stockholders’ equity 571,707 562,477
Total liabilities and stockholders’ equity $ 5,415,202 $ 5,210,485