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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Assets    
Cash and due from banks $ 92,173 $ 97,123
Federal funds sold 8,150 35,450
Interest-bearing deposits at financial institutions 94,112 104,919
Securities held to maturity, at amortized cost, net of allowance for credit losses 720,625 683,504
Securities available for sale, at fair value 290,212 299,655
Securities trading, at fair value 22,362 22,369
Total securities 1,033,199 1,005,528
Loans receivable held for sale 246,124 2,594
Loans/leases receivable held for investment 6,608,262 6,540,822
Gross loans/leases receivable 6,854,386 6,543,416
Less allowance for credit losses (87,706) (87,200)
Net loans/leases receivable 6,766,680 6,456,216
Bank-owned life insurance 107,965 108,222
Premises and equipment, net 141,069 123,277
Restricted investment securities 44,325 41,648
Other real estate owned, net 369 1,347
Goodwill 139,027 139,027
Intangibles 12,441 13,821
Derivatives 194,354 187,341
Other assets 238,127 224,975
Total assets 8,871,991 8,538,894
Liabilities and Stockholders' Equity    
Noninterest-bearing 956,445 1,038,689
Interest-bearing 5,808,222 5,475,316
Total deposits 6,764,667 6,514,005
Short-term borrowings 1,600 1,500
Federal Home Loan Bank advances 485,000 435,000
Subordinated notes 233,276 233,064
Junior subordinated debentures 48,795 48,731
Derivatives 221,798 215,735
Other liabilities 180,536 204,263
Total liabilities 7,935,672 7,652,298
Stockholders' Equity:    
Preferred stock, $1 par value; shares authorized 250,000 June 2024 and December 2023 - no shares issued or outstanding
Common stock, $1 par value; shares authorized 20,000,000 June 2024 - 16,824,985 shares issued and outstanding December 2023 - 16,749,254 shares issued and outstanding 16,825 16,749
Additional paid-in capital 372,378 370,814
Retained earnings 608,816 554,992
Accumulated other comprehensive loss:    
Securities available for sale (39,014) (35,980)
Derivatives (22,686) (19,979)
Total stockholders' equity 936,319 886,596
Total liabilities and stockholders' equity $ 8,871,991 $ 8,538,894