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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Jun. 30, 2018
ASSETS      
Cash and due from banks, noninterest-bearing $ 52,679 $ 56,050 $ 97,163
Due from banks, interest-bearing 286,781 406,848 462,972
Total cash and cash equivalents 339,460 462,898 560,135
Securities available for sale 691,971 501,351 334,068
Securities held to maturity (fair values of $79,044, $99,906, and $107,068) 79,050 101,237 108,265
Presold mortgages in process of settlement 6,222 4,279 9,311
Loans 4,339,497 4,249,064 4,149,390
Allowance for loan losses (20,789) (21,039) (23,298)
Net loans 4,318,708 4,228,025 4,126,092
Premises and equipment 136,901 119,000 113,774
Accrued interest receivable 16,909 16,004 13,930
Goodwill 234,368 234,368 232,458
Other intangible assets 19,401 21,112 23,152
Foreclosed properties 5,107 7,440 8,296
Bank-owned life insurance 103,154 101,878 100,413
Other assets 60,788 66,524 87,706
Total assets 6,012,039 5,864,116 5,717,600
LIABILITIES      
Noninterest bearing checking accounts 1,441,064 1,320,131 1,252,214
Interest bearing checking accounts 931,945 916,374 915,666
Money market accounts 1,104,052 1,035,523 1,021,659
Savings accounts 413,065 432,389 440,475
Time deposits of $100,000 or more 690,734 690,922 647,206
Other time deposits 262,194 264,000 276,401
Total deposits 4,843,054 4,659,339 4,553,621
Borrowings 301,140 406,609 407,076
Accrued interest payable 2,258 1,976 1,651
Other liabilities 50,418 31,962 30,530
Total liabilities 5,196,870 5,099,886 4,992,878
Commitments and contingencies
SHAREHOLDERS’ EQUITY      
Preferred stock, no par value per share. Authorized: 5,000,000 shares Issued & outstanding: none, none, and none 0 0 0
Common stock, no par value per share. Authorized: 40,000,000 shares Issued & outstanding: 29,717,223, 29,724,874, and 29,702,912 shares 432,533 434,453 434,117
Retained earnings 380,748 341,738 301,800
Stock in rabbi trust assumed in acquisition (2,866) (3,235) (3,214)
Rabbi trust obligation 2,866 3,235 3,214
Accumulated other comprehensive income (loss) 1,888 (11,961) (11,195)
Total shareholders’ equity 815,169 764,230 724,722
Total liabilities and shareholders’ equity $ 6,012,039 $ 5,864,116 $ 5,717,600