Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Cash and cash equivalents:    
Cash and due from banks $ 102,955 $ 112,752
Interest-bearing deposits in other banks 76,001 19,344
Money market investments 1 1
Federal funds sold 237 1,163
Total cash and cash equivalents 179,194 133,260
Securities available for sale, at fair value 888,692 1,102,114
Securities held to maturity, at carrying value [1] 199,363  
Restricted stock, at cost 52,721 54,854
Loans held for sale 65,713 42,519
Loans held for investment, net of deferred fees and costs 5,543,621 5,345,996
Less allowance for loan losses 33,269 32,384
Net loans held for investment 5,510,352 5,313,612
Premises and equipment, net 129,191 135,247
Other real estate owned, net of valuation allowance 22,094 28,118
Core deposit intangibles, net 25,320 31,755
Goodwill 293,522 293,522
Bank owned life insurance 142,433 139,005
Other assets 85,718 84,637
Total assets 7,594,313 7,358,643
LIABILITIES    
Noninterest-bearing demand deposits 1,338,045 1,199,378
Interest-bearing deposits 4,480,808 4,439,392
Total deposits 5,818,853 5,638,770
Securities sold under agreements to repurchase 99,417 44,393
Other short-term borrowings 332,000 343,000
Long-term borrowings 290,732 299,542
Other liabilities 58,299 55,769
Total liabilities $ 6,599,301 $ 6,381,474
Commitments and contingencies (Note 7)
STOCKHOLDERS' EQUITY    
Common stock, $1.33 par value, shares authorized 100,000,000; issued and outstanding, 44,990,569 shares and 45,162,853 shares, respectively. $ 59,514 $ 59,795
Surplus 638,511 643,443
Retained earnings 288,841 261,676
Accumulated other comprehensive income 8,146 12,255
Total stockholders' equity 995,012 977,169
Total liabilities and stockholders' equity $ 7,594,313 $ 7,358,643
[1] The carrying value includes $7.3 million of unrealized gains and losses present at the time of transfer from available for securities, net of any accretion.