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Consolidated Balance Sheets - (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Assets    
Cash and due from banks $ 9,112 $ 8,435
Federal funds sold 25,785 28,200
Interest bearing deposits with banks and other short-term investments 1,708,374 1,752,420
Investment securities (amortized cost of $1,370,927 and $1,129,057 and allowance for credit losses of $78 and $167 as of March 31, 2021 and December 31, 2020, respectively). 1,368,909 1,150,885
Federal Reserve and Federal Home Loan Bank stock 33,978 40,104
Loans held for sale 142,196 88,205
Loans 7,526,689 7,760,212
Less allowance for credit losses (102,070) (109,579)
Loans, net 7,424,619 7,650,633
Premises and equipment, net 15,045 13,553
Operating lease right-of-use assets 30,707 25,237
Deferred income taxes 44,623 38,571
Bank owned life insurance 77,119 76,729
Goodwill and Intangible assets, net 105,179 105,114
Other real estate owned 4,987 4,987
Other assets 137,033 134,531
Total Assets 11,127,864 11,117,802
Deposits:    
Noninterest bearing demand 2,594,334 2,809,334
Interest bearing transaction 862,709 756,923
Savings and money market 4,875,840 4,645,186
Time, $100,000 or more 513,998 546,173
Other time 351,963 431,587
Total deposits 9,198,844 9,189,203
Customer repurchase agreements 20,061 26,726
Other short-term borrowings 300,000 300,000
Long-term borrowings 218,175 268,077
Operating lease liabilities 33,338 28,022
Reserve for unfunded commitments 5,056 5,498
Other liabilities 91,557 59,384
Total Liabilities 9,867,031 9,876,910
Shareholders’ Equity    
Common stock, par value $0.01 per share; shares authorized 100,000,000, shares issued and outstanding 31,960,379 and 31,779,663, respectively 316 315
Additional paid in capital 428,917 427,016
Retained earnings 833,598 798,061
Accumulated other comprehensive (loss) income (1,998) 15,500
Total Shareholders’ Equity 1,260,833 1,240,892
Total Liabilities and Shareholders’ Equity 11,127,864 11,117,802
Debt Securities, Available-for-sale, Including Cost Method Investments $ 1,369,107 $ 1,151,083