Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Assets    
Cash and due from banks $ 159,617 $ 153,826
Securities available for sale, at fair value (amortized cost of $588,097 as of September 30, 2018 and $581,992 as of December 31, 2017) 572,236 578,804
Loans held for sale, at the lower of cost or fair value 4,455 6,394
Loans and leases receivable, net of allowance for loan and lease losses of $31,676 as of September 30, 2018 and $31,043 as of December 31, 2017 4,551,207 4,273,415
Accrued interest receivable 13,646 12,770
Premises and equipment, net 28,552 26,655
Customers’ liability on acceptances 1,265 803
Servicing assets 8,878 10,218
Goodwill and other intangible assets, net 12,273 12,544
Federal Home Loan Bank (FHLB) stock, at cost 16,385 16,385
Bank-owned life insurance 51,372 50,554
Prepaid expenses and other assets 67,156 68,117
Total assets 5,487,042 5,210,485
Deposits:    
Noninterest-bearing 1,313,777 1,312,274
Interest-bearing 3,300,645 3,036,380
Total deposits 4,614,422 4,348,654
Accrued interest payable 8,153 5,309
Bank’s liability on acceptances 1,265 803
Borrowings 160,000 150,000
Subordinated debentures 117,670 117,270
Accrued expenses and other liabilities 17,784 25,972
Total liabilities 4,919,294 4,648,008
Stockholders’ equity:    
Common stock, $0.001 par value; authorized 62,500,000 shares; issued 33,188,833 shares (32,087,236 shares outstanding) as of September 30, 2018 and issued 33,083,133 shares (32,431,627 shares outstanding) as of December 31, 2017 33 33
Additional paid-in capital 568,861 565,627
Accumulated other comprehensive loss, net of tax benefit of $4,566 as of September 30, 2018 and $1,319 as of December 31, 2017 (11,295) (1,869)
Retained earnings 93,768 70,575
Less: treasury stock, at cost; 1,101,597 shares as of September 30, 2018 and 651,506 shares as of December 31, 2017 (83,619) (71,889)
Total stockholders’ equity 567,748 562,477
Total liabilities and stockholders’ equity $ 5,487,042 $ 5,210,485