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, 2017
Dec. 31, 2016
Assets    
Cash and due from banks $ 138,139 $ 147,235
Securities available for sale, at fair value (amortized cost of $597,944 as of September 30, 2017 and $521,053 as of December 31, 2016) 598,440 516,964
Loans held for sale, at the lower of cost or fair value 6,469 9,316
Loans and leases receivable, net of allowance for loan and lease losses of $32,492 as of September 30, 2017 and $32,429 as of December 31, 2016 4,162,863 3,812,340
Accrued interest receivable 12,098 10,987
Premises and equipment, net 26,648 28,698
Other real estate owned (OREO), net 1,946 7,484
Customers’ liability on acceptances 647 978
Servicing assets 10,428 10,564
Goodwill and other intangible assets, net 12,628 12,889
Federal Home Loan Bank (FHLB) stock, at cost 16,385 16,385
Income tax asset, net 46,210 48,047
Bank-owned life insurance 50,268 49,440
Prepaid expenses and other assets 28,227 30,019
Total assets 5,111,396 4,701,346
Deposits:    
Noninterest-bearing 1,293,538 1,203,240
Interest-bearing 3,005,472 2,606,497
Total deposits 4,299,010 3,809,737
Accrued interest payable 4,071 2,567
Bank’s liability on acceptances 657 978
FHLB advances 110,000 315,000
Subordinated debentures 117,140 18,978
Accrued expenses and other liabilities 21,271 23,061
Total liabilities 4,552,149 4,170,321
Stockholders’ equity:    
Common stock, $0.001 par value; authorized 62,500,000 shares; issued 33,059,166 shares (32,413,082 shares outstanding) as of September 30, 2017 and issued 32,946,197 shares (32,330,747 shares outstanding) as of December 31, 2016 33 33
Additional paid-in capital 564,787 562,446
Accumulated other comprehensive income (loss), net of tax expense of $207 as of September 30, 2017 and tax benefit of $1,696 as of December 31, 2016 290 (2,394)
Retained earnings 65,858 41,726
Less: treasury stock, at cost; 646,084 shares as of September 30, 2017 and 615,450 shares as of December 31, 2016 (71,721) (70,786)
Total stockholders’ equity 559,247 531,025
Total liabilities and stockholders’ equity $ 5,111,396 $ 4,701,346