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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Assets    
Cash and due from banks $ 175,137 $ 123,505
Interest earning time deposits 2,207 2,812
Investment securities, available for sale 865,168 997,558
Investment securities, held to maturity (fair value of $1,556,845 and $1,681,309) 1,966,483 2,022,748
Loans held for sale 2,828 5,807
Loans, net of allowance for credit losses of $49,699 and $50,464 4,309,303 4,107,534
Premises and equipment, net 94,716 92,677
Federal Home Loan Bank stock 34,509 26,677
Goodwill 155,211 155,211
Other intangible assets 14,530 17,239
Interest receivable 37,850 35,294
Cash value of life insurance 149,212 146,175
Other assets 152,280 139,281
Total assets 7,959,434 7,872,518
Deposits    
Non–interest bearing 1,126,703 1,277,768
Interest bearing 4,573,394 4,580,006
Total deposits 5,700,097 5,857,774
Borrowings 1,356,510 1,142,949
Subordinated notes 59,007 58,896
Junior subordinated debentures issued to capital trusts 57,201 57,027
Interest payable 16,281 5,380
Other liabilities 76,969 73,117
Total liabilities 7,266,065 7,195,143
Commitments and contingent liabilities
Stockholders’ Equity    
Preferred stock, Authorized, 1,000,000 shares, Issued 0 shares 0 0
Common stock, no par value, authorized 99,000,000 shares, issued and outstanding 0 and 43,937,889 shares 0 0
Additional paid-in capital 355,478 354,188
Retained earnings 461,325 429,385
Accumulated other comprehensive loss (123,434) (106,198)
Total stockholders’ equity 693,369 677,375
Total liabilities and stockholders’ equity $ 7,959,434 $ 7,872,518