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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Cash and cash equivalents:    
Cash and due from banks $ 498,328 $ 442,103
Money market investments 7,665 4,930
Total cash and cash equivalents 505,993 447,033
Restricted cash 3,030 3,030
Investments:    
Trading securities, at fair value, with amortized cost of $647 (December 31, 2018 - $647) 381 360
Investment securities available-for-sale, at fair value, with amortized cost of $1,248,749 (December 31, 2018 - $854,511) 1,239,469 841,857
Investment securities held-to-maturity, at amortized cost, with fair value of $410,353 at December 31, 2018 0 424,740
Federal Home Loan Bank (FHLB) stock, at cost 12,800 12,644
Other investments 3 3
Total investments 1,252,653 1,279,604
Loans:    
Loans held-for-sale, at lower of cost or fair value 7,682 10,368
Loans held for investment, net of allowance for loan losses of $162,488 (December 31, 2018 - $164,231) 4,393,719 4,421,226
Total loans 4,401,401 4,431,594
Other assets:    
Foreclosed real estate 30,865 33,768
Accrued interest receivable 33,152 34,254
Deferred tax asset, net 112,744 113,763
Premises and equipment, net 69,017 68,892
Customers' liability on acceptances 25,791 16,937
Servicing assets 10,623 10,716
Derivative assets 110 347
Goodwill 86,069 86,069
Operating lease right-of-use assets 20,860 0
Other assets 50,883 57,345
Total assets 6,603,191 6,583,352
Deposits:    
Demand deposits 2,218,186 2,191,802
Savings accounts 1,252,157 1,212,259
Tme deposits 1,426,758 1,504,054
Total deposits 4,897,101 4,908,115
Borrowings:    
Securities sold under agreements to repurchase 431,566 455,508
Advances from FHLB 81,111 77,620
Subordinated capital notes 36,083 36,083
Other borrowings 286 1,214
Total borrowings 549,046 570,425
Other liabilities    
Derivative liabilities 439 333
Acceptances executed and outstanding 25,791 16,937
Operating lease liabilities 22,618  
Accrued expenses and other liabilities 87,004 87,665
Total liabilities 5,581,999 5,583,475
Commitments and contingencies (See Note 18)
Stockholders' equity:    
Preferred stock; 10,000,000 shares authorized; 1,340,000 shares of Series A, 1,380,000 shares of Series B, and 960,000 shares of Series D issued and outstanding (December 31, 2018 - 1,340,000 shares; 1,380,000 shares; and 960,000 shares) $25 liquidation value 92,000 92,000
Common stock, $1 par value; 100,000,000 shares authorized; 59,885,234 shares issued: 51,328,431 shares outstanding (December 31, 2018 - 59,885,234; 51,293,924) 59,885 59,885
Additional paid-in capital 619,828 619,381
Legal surplus 92,621 90,167
Retained earnings 268,101 253,040
Treasury stock, at cost, 8,556,803 shares (December 31, 2018 - 8,591,310 shares) (103,196) (103,633)
Accumulated other comprehensive loss, net of tax of $1,562 (December 31, 2018 - $1,677) (8,047) (10,963)
Total stockholders' equity 1,021,192 999,877
Total liabilities and stockholders' equity $ 6,603,191 $ 6,583,352