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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Assets    
Cash and due from banks $ 128,509 $ 109,350
Short-term investments 566,404 1,518,457
Total cash and cash equivalents 694,913 1,627,807
Trading security, at fair value 6,812 8,354
Marketable equity securities, at fair value 12,790 15,453
Securities available for sale, at fair value 1,470,949 1,877,585
Securities held to maturity (fair values of $503,262 and $647,236) 592,503 636,503
Federal Home Loan Bank stock and other restricted securities 7,264 10,800
Total securities 2,090,318 2,548,695
Less: Allowance for credit losses on held to maturity securities (95) (105)
Net securities 2,090,223 2,548,590
Loans held for sale 4,124 6,110
Total loans 7,943,481 6,825,847
Less: Allowance for credit losses on loans (96,013) (106,094)
Net loans 7,847,468 6,719,753
Premises and equipment, net 86,809 94,383
Other intangible assets 25,761 29,619
Cash surrender value of bank-owned life insurance policies 238,052 235,690
Other assets 325,894 288,384
Total assets 11,317,074 11,554,913
Liabilities    
Demand deposits 2,896,659 3,008,461
NOW and other deposits 1,045,970 976,401
Money market deposits 3,388,932 3,293,526
Savings deposits 1,111,304 1,111,625
Time deposits 1,545,256 1,678,940
Total deposits 9,988,121 10,068,953
Long-term Federal Home Loan Bank advances and other 4,494 13,331
Subordinated borrowings 121,001 97,513
Total borrowings 125,495 110,844
Other liabilities 260,896 192,681
Total liabilities 10,374,512 10,372,478
Shareholders’ equity    
Common stock ($0.01 par value; 100,000,000 shares authorized and 51,903,190 shares issued and 45,039,702 shares outstanding in 2022; 51,903,190 shares issued and 48,667,110 shares outstanding in 2021) 528 528
Additional paid-in capital - common stock 1,424,158 1,423,445
Unearned compensation (10,726) (9,056)
Retained (deficit) (93,820) (139,383)
Accumulated other comprehensive (loss) (188,494) (3,243)
Treasury stock, at cost (6,863,488 shares in 2022 and 3,236,080 shares in 2021) (189,084) (89,856)
Total shareholders’ equity 942,562 1,182,435
Total liabilities and shareholders’ equity 11,317,074 11,554,913
Disposal Group, Held-for-sale, Not Discontinued Operations    
Assets    
Assets held for sale $ 3,830 $ 4,577