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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Assets    
Cash and due from banks $ 145,342 $ 109,350
Short-term investments 540,013 1,518,457
Total cash and cash equivalents 685,355 1,627,807
Trading security 6,708 8,354
Marketable equity securities, at fair value 12,856 15,453
Securities available for sale, at fair value 1,423,200 1,877,585
Securities held to maturity (fair values of $507,464 in 2022 and $647,236 in 2021) 583,453 636,503
Federal Home Loan Bank stock and other restricted securities 7,219 10,800
Total securities 2,033,436 2,548,695
Less: Allowance for credit losses on investment (91) (105)
Net Securities 2,033,345 2,548,590
Loans held for sale 4,311 6,110
Total loans 8,335,309 6,825,847
Less: Allowance for credit losses on loans (96,270) (106,094)
Net loans 8,239,039 6,719,753
Premises and equipment, net 85,217 94,383
Other intangible assets 24,483 29,619
Cash surrender value of bank-owned life insurance 238,919 235,690
Other assets 348,935 288,384
Total assets 11,662,864 11,554,913
Liabilities    
Demand deposits 2,852,127 3,008,461
NOW and other deposits 1,054,596 976,401
Money market deposits 3,723,570 3,293,526
Savings deposits 1,063,269 1,111,625
Time deposits 1,633,707 1,678,940
Total deposits 10,327,269 10,068,953
Long-term Federal Home Loan Bank advances 4,445 13,331
Subordinated notes 121,064 97,513
Total borrowings 125,509 110,844
Other liabilities 256,024 192,681
Total liabilities 10,708,802 10,372,478
Shareholders’ equity    
Common stock ($0.01 par value; 100,000,000 shares authorized and 51,903,190 shares issued and 44,361,222 shares outstanding in 2022; 100,000,000 shares authorized; 51,903,190 shares issued, and 48,667,110 shares outstanding in 2021) 528 528
Additional paid-in capital - common stock 1,424,183 1,423,445
Unearned compensation (8,598) (9,056)
Retained (deficit) (71,428) (139,383)
Accumulated other comprehensive (loss) (181,052) (3,243)
Treasury stock, at cost (7,541,968 shares in 2022 and 3,236,080 shares in 2021) (209,571) (89,856)
Total shareholders’ equity 954,062 1,182,435
Total liabilities and shareholders’ equity 11,662,864 11,554,913
Disposal Group, Held-for-sale, Not Discontinued Operations    
Assets    
Assets held for sale $ 3,260 $ 4,577