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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Cash and cash equivalents:    
Cash and due from banks $ 668,896 $ 442,103
Money market investments 7,485 4,930
Total cash and cash equivalents 676,381 447,033
Restricted cash 1,049 3,030
Investments:    
Trading securities, at fair value, with amortized cost of $511 (December 31, 2018 - $647) 412 360
Investment securities available-for-sale, at fair value, with amortized cost of $860,911 (December 31, 2018 - $854,511) 857,433 841,857
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 12,821 12,644
Other investments 3 3
Total investments 870,669 1,279,604
Loans:    
Loans held-for-sale, at lower of cost or fair value 14,676 10,368
Loans held for investment, net of allowance for loan losses of $162,642 (December 31, 2018 - $164,231) 4,459,821 4,421,226
Total loans 4,474,497 4,431,594
Other assets:    
Foreclosed real estate 29,509 33,768
Accrued interest receivable 33,909 34,254
Deferred tax asset, net 111,147 113,763
Premises and equipment, net 71,001 68,892
Customers' liability on acceptances 23,610 16,937
Servicing assets 10,134 10,716
Derivative assets 26 347
Goodwill 86,069 86,069
Operating lease right-of-use assets 20,419 0
Other assets 55,707 57,345
Total assets 6,464,127 6,583,352
Deposits:    
Demand deposits 2,219,911 2,191,802
Savings accounts 1,222,109 1,212,259
Time deposits 1,503,117 1,504,054
Total deposits 4,945,137 4,908,115
Borrowings:    
Securities sold under agreements to repurchase 240,324 455,508
Advances from FHLB 80,085 77,620
Subordinated capital notes 36,083 36,083
Other borrowings 338 1,214
Total borrowings 356,830 570,425
Other liabilities    
Derivative liabilities 985 333
Acceptances executed and outstanding 23,610 16,937
Operating lease liabilities 22,179 0
Accrued expenses and other liabilities 70,512 87,665
Total liabilities 5,419,253 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: 51,330,031 shares outstanding (December 31, 2018 - $59,885,234; 51,293,924) 59,885 59,885
Additional paid-in capital 620,368 619,381
Legal surplus 95,019 90,167
Retained earnings 284,459 253,040
Treasury stock, at cost, 8,555,203 shares (December 31, 2018 - 8,591,310 shares) (103,171) (103,633)
Accumulated other comprehensive loss, net of tax of $750 (December 31, 2018 - $1,677) (3,686) (10,963)
Total stockholders' equity 1,044,874 999,877
Total liabilities and stockholders' equity $ 6,464,127 $ 6,583,352