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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Assets    
Cash and due from banks $ 100,588 $ 100,972
Short-term investments 128,718 82,217
Total cash and cash equivalents 229,306 183,189
Trading security, at fair value 11,210 11,212
Marketable equity securities, at fair value 59,578 56,638
Securities available for sale, at fair value 1,410,078 1,399,647
Securities held to maturity (fair values of $377,056 and $371,224) 364,463 373,763
Federal Home Loan Bank stock and other restricted securities 59,356 77,344
Total securities 1,904,685 1,918,604
Loans held for sale 184,810 2,183
Total loans 9,941,828 9,043,253
Less: Allowance for loan losses (62,156) (61,469)
Net loans 9,879,672 8,981,784
Premises and equipment, net 121,619 106,500
Other real estate owned 154 0
Goodwill 554,703 518,325
Other intangible assets 48,724 33,418
Cash surrender value of bank-owned life insurance policies 227,458 190,609
Deferred tax assets, net 51,118 42,434
Other assets 238,951 120,926
Assets from discontinued operations 212,745 114,259
Total assets 13,653,945 12,212,231
Liabilities    
Demand deposits 1,827,016 1,603,019
NOW and other deposits 997,685 1,122,321
Money market deposits 2,811,158 2,245,195
Savings deposits 848,699 724,129
Time deposits 4,081,398 3,287,717
Total deposits 10,565,956 8,982,381
Short-term debt 608,928 1,118,832
Long-term Federal Home Loan Bank advances 295,886 309,466
Subordinated borrowings 96,927 89,518
Total borrowings 1,001,741 1,517,816
Other liabilities 280,155 149,519
Liabilities from discontinued operations 26,256 9,597
Total liabilities 11,874,108 10,659,313
Shareholders’ equity    
Preferred Stock (Series B non-voting convertible preferred stock - $0.01 par value; 2,000,000 shares authorized, 521,607 shares issued and outstanding in 2019; 2,000,000 shares authorized, 521,607 shares issued and outstanding in 2018 40,633 40,633
Common stock ($.01 par value; 100,000,000 shares authorized and 51,903,190 shares issued and 51,045,173 shares outstanding in 2019; 100,000,000 shares authorized, 46,211,894 shares issued and 45,416,855 shares outstanding in 2018) 517 460
Additional paid-in capital - common stock 1,421,461 1,245,013
Unearned compensation (6,555) (6,594)
Retained earnings 336,542 308,839
Accumulated other comprehensive income (loss) 11,301 (13,470)
Treasury stock, at cost (858,017 shares in 2019 and 795,039 shares in 2018) (24,062) (21,963)
Total shareholders’ equity 1,779,837 1,552,918
Total liabilities and shareholders’ equity 13,653,945 12,212,231
Commercial real estate    
Assets    
Total loans 4,005,347 3,400,221
Commercial and industrial loans    
Assets    
Total loans 1,987,297 1,980,046
Residential mortgages    
Assets    
Total loans 2,882,380 2,566,424
Consumer    
Assets    
Total loans $ 1,066,804 $ 1,096,562