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Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Assets    
Cash and due from banks $ 67,633 $ 77,693
Interest-bearing deposits with banks 422,148 39,501
Total cash and cash equivalents 489,781 117,194
Securities available for sale, at fair value 537,746 638,291
Securities held to maturity (fair value of $115,745 and $135,027, respectively) 111,307 133,638
Total securities 649,053 771,929
Securities, restricted 28,987 32,879
Loans held for sale 10,000 12,643
Loans held for investment 4,620,828 3,680,285
Allowance for credit losses (43,401) (32,786)
Loans, net 4,577,427 3,647,499
Premises and equipment, net 34,495 34,062
Operating lease right-of-use assets 40,434 43,450
Accrued interest receivable 15,367 10,908
Goodwill 105,950 105,950
Other intangible assets 3,298 3,677
Prepaid pension 12,659 10,988
Bank owned life insurance 92,808 91,942
Other assets 90,405 38,399
Total assets 6,150,664 4,921,520
Liabilities    
Demand deposits 2,164,194 1,518,958
Savings, NOW and money market deposits 2,618,226 1,987,712
Certificates of deposit of $100,000 or more 218,875 214,093
Other time deposits 79,124 93,884
Total deposits 5,080,419 3,814,647
Repurchase agreements 1,670 999
Federal Home Loan Bank ("FHLB") advances 340,000 435,000
Subordinated debentures, net 78,990 78,920
Operating lease liabilities 43,131 45,977
Other liabilities and accrued expenses 103,833 48,823
Total liabilities 5,648,043 4,424,366
Commitments and contingencies
Stockholders' equity    
Preferred stock, par value $.01 per share (2,000,000 shares authorized; none issued)
Common stock, par value $.01 per share (40,000,000 shares authorized; 19,924,094 and 19,898,022 shares issued, respectively; and 19,734,034 and 19,836,797 shares outstanding, respectively) 199 199
Surplus 356,510 356,436
Retained earnings 159,635 150,703
Treasury stock at cost, 190,060 and 61,225 shares, respectively (4,961) (1,843)
Total stockholders' equity before accumulated other comprehensive income (loss) 511,383 505,495
Accumulated other comprehensive loss, net of income taxes (8,762) (8,341)
Total stockholders' equity 502,621 497,154
Total liabilities and stockholders' equity $ 6,150,664 $ 4,921,520