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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Cash and due from banks:    
Non-interest bearing $ 78,481,000 $ 75,152,000
Interest bearing 329,745,000 340,821,000
Federal funds sold 1,321,000 1,308,000
Cash and cash equivalents 409,547,000 417,281,000
Certificates of deposit 2,695,000 2,695,000
Investment securities:    
Available-for-sale, at fair value 1,087,948,000 879,240,000
Held-to-maturity, at amortized cost (estimated fair value of $7,125 and $5,119 at March 31, 2021 and December 31, 2020, respectively) 7,045,000 5,016,000
Equity securities, at fair value 300,000 218,000
Loans held for sale 4,693,000 1,924,000
Loans 3,938,406,000 3,136,495,000
Less allowance for credit losses (55,418,000) (41,910,000)
Net loans 3,882,988,000 3,094,585,000
Interest receivable 20,218,000 19,287,000
Other real estate owned 13,339,000 2,489,000
Premises and equipment, net 86,654,000 58,206,000
Goodwill 113,948,000 104,992,000
Intangible assets, net 24,658,000 23,128,000
Bank owned life insurance 124,925,000 68,955,000
Right of use lease assets 17,424,000 17,209,000
Other assets 40,888,000 31,123,000
Total assets 5,837,270,000 4,726,348,000
Deposits:    
Non-interest bearing 1,185,181,000 936,926,000
Interest bearing 3,552,512,000 2,755,858,000
Total deposits 4,737,693,000 3,692,784,000
Securities sold under agreements to repurchase 212,503,000 206,937,000
Interest payable 3,214,000 2,345,000
FHLB borrowings 116,861,000 93,969,000
Junior subordinated debentures, net 19,069,000 19,027,000
Subordinated debt, net 94,289,000 94,253,000
Lease liabilities 17,578,000 17,351,000
Other liabilities 34,179,000 31,454,000
Total liabilities 5,235,386,000 4,158,120,000
Stockholders’ Equity:    
Common stock, $4 par value; authorized 30,000,000 shares; issued 18,662,947 and 17,361,898 shares in 2021 and 2020, respectively 76,652,000 71,449,000
Additional paid-in capital 338,897,000 297,806,000
Retained earnings 198,408,000 197,726,000
Deferred compensation 1,597,000 2,980,000
Accumulated other comprehensive income 5,087,000 17,095,000
Less treasury stock at cost, 620,691 shares in 2021 and 2020 (18,757,000) (18,828,000)
Total stockholders’ equity 601,884,000 568,228,000
Total liabilities and stockholders’ equity $ 5,837,270,000 $ 4,726,348,000