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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Assets    
Cash and due from banks $ 12,886 $ 8,435
Federal funds sold 20,391 28,200
Interest bearing deposits with banks and other short-term investments 1,680,945 1,752,420
Investment securities available-for-sale, at fair value (amortized cost of $2,642,667 and $1,129,057 and allowance for credit losses of $620 and $167 as of December 31, 2021 and December 31, 2020, respectively). 2,623,408 1,151,083
Federal Reserve and Federal Home Loan Bank stock 34,153 40,104
Loans held for sale 47,218 88,205
Loans 7,065,598 7,760,212
Less allowance for credit losses (74,965) (109,579)
Total recorded investment in loans 6,990,633 7,650,633
Premises and equipment, net 14,557 13,553
Operating lease right-of-use assets 30,555 25,237
Deferred income taxes 43,174 38,571
Bank owned life insurance 108,789 76,729
Goodwill and intangible assets, net 105,793 105,114
Other real estate owned 1,635 4,987
Other assets 133,173 134,531
Total Assets 11,847,310 11,117,802
Deposits:    
Noninterest bearing demand 3,277,956 2,809,334
Interest bearing transaction 777,255 756,923
Savings and money market 5,197,247 4,645,186
Time deposits 729,082 977,760
Total deposits 9,981,540 9,189,203
Customer repurchase agreements 23,918 26,726
Other short-term borrowings 300,000 300,000
Long-term borrowings 69,670 268,077
Operating lease liabilities 35,501 28,022
Reserve for unfunded commitments 4,379 5,498
Other liabilities 81,527 59,384
Total Liabilities 10,496,535 9,876,910
Shareholders’ Equity    
Common stock, par value $0.01 per share; shares authorized 100,000,000, shares issued and outstanding 31,950,092 and 31,779,663, respectively 316 315
Additional paid in capital 434,640 427,016
Retained earnings 930,061 798,061
Accumulated other comprehensive income (loss) (14,242) 15,500
Total Shareholders’ Equity 1,350,775 1,240,892
Total Liabilities and Shareholders’ Equity $ 11,847,310 $ 11,117,802