XML 13 R2.htm IDEA: XBRL DOCUMENT v3.21.1
CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
ASSETS    
Cash and cash equivalents $ 187,901 $ 192,896
Interest-bearing deposits 392,806 392,305
Investment securities available for sale 2,405,568 1,919,119
Investment securities held to maturity, net of allowance for credit losses of $245 and $0 (fair value of $1,318,780 and $1,280,293) 1,295,289 1,227,668
Loans held for sale 4,430 3,966
Loans 9,318,228 9,243,174
Less: Allowance for credit losses - loans [1] (201,082) (130,648)
Net loans 9,117,146 9,112,526
Premises and equipment 109,432 111,062
Federal Home Loan Bank stock 28,736 28,736
Interest receivable 54,662 53,948
Goodwill 543,918 543,918
Other intangibles 27,618 28,975
Cash surrender value of life insurance 293,766 292,745
Other real estate owned 604 940
Tax asset, deferred and receivable 40,163 12,340
Other assets 127,027 146,066
TOTAL ASSETS 14,629,066 14,067,210
Deposits:    
Noninterest-bearing 2,494,891 2,298,138
Interest-bearing 9,456,889 9,063,472
Total Deposits 11,951,780 11,361,610
Borrowings:    
Securities sold under repurchase agreements 185,721 177,102
Federal Home Loan Bank advances 359,337 389,430
Subordinated debentures and other borrowings 118,439 118,380
Total Borrowings 663,497 684,912
Interest payable 4,020 3,287
Other liabilities 203,913 141,756
Total Liabilities 12,823,210 12,191,565
COMMITMENTS AND CONTINGENT LIABILITIES
STOCKHOLDERS' EQUITY    
Cumulative Preferred Stock, $1,000 par value, $1,000 liquidation value: Authorized - 600 shares Issued and outstanding - 125 shares 125 125
Common Stock, $0.125 stated value: Authorized - 100,000,000 shares Issued and outstanding - 53,953,723 and 53,922,359 shares 6,744 6,740
Additional paid-in capital 1,007,300 1,005,366
Retained earnings 755,877 788,578
Accumulated other comprehensive income 35,810 74,836
Total Stockholders' Equity 1,805,856 1,875,645
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 14,629,066 $ 14,067,210
[1] Beginning January 1, 2021, the calculation is based on the current expected credit loss methodology. Prior to January 1, 2021, the calculation is based on the incurred loss methodology. See additional details in NOTE 1. GENERAL of these Notes to Consolidated Condensed Financial Statement.