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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Assets    
Cash and due from banks $ 108,815 $ 112,772
Interest earning deposits 12,107 12,071
Federal funds sold 113,912 401,672
Total cash and cash equivalents 234,834 526,515
Interest earning time deposits 735 2,205
Investment securities, available for sale 541,170 547,251
Investment securities, held to maturity (fair value of $1,640,447 and $1,668,758) 1,888,379 1,945,638
Loans held for sale 2,069 1,418
Loans, net of allowance for credit losses of $52,881 and $50,029 4,751,115 4,367,601
Premises and equipment, net 93,544 94,583
Federal Home Loan Bank stock 53,826 34,509
Goodwill 155,211 155,211
Other intangible assets 11,067 13,626
Interest receivable 39,366 38,710
Cash value of life insurance 37,115 36,157
Other assets 119,026 177,061
Total assets 7,927,457 7,940,485
Deposits    
Non–interest bearing 1,085,535 1,116,005
Interest bearing 4,641,480 4,548,888
Total deposits 5,727,015 5,664,893
Borrowings 1,265,143 1,353,050
Subordinated notes 55,703 55,543
Junior subordinated debentures issued to capital trusts 57,423 57,258
Interest payable 11,400 22,249
Other liabilities 55,951 68,680
Total liabilities 7,172,635 7,221,673
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 43,712,059 shares issued and outstanding at September 30, 2024 and 43,652,063 shares issued and outstanding at December 31, 2023 0 0
Additional paid-in capital 358,453 356,400
Retained earnings 454,050 429,021
Accumulated other comprehensive loss (57,681) (66,609)
Total stockholders’ equity 754,822 718,812
Total liabilities and stockholders’ equity $ 7,927,457 $ 7,940,485