XML 14 R2.htm IDEA: XBRL DOCUMENT v3.22.2
Consolidated Balance Sheets - (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Assets    
Cash and due from banks $ 13,132 $ 12,886
Federal funds sold 42,697 20,391
Interest-bearing deposits with banks and other short-term investments 369,337 1,680,945
Investment securities available-for-sale (amortized cost of $1,897,985 and $2,642,667, respectively, and allowance for credit losses of $18 and $620, respectively). 1,755,254 2,623,408
Investment securities held-to-maturity, net of allowance for credit losses of $826 and $0 (fair value of $1,084,706 and $0, respectively) 1,143,632 0
Federal Reserve and Federal Home Loan Bank stock 33,990 34,153
Loans held for sale 13,814 47,218
Loans 7,154,686 7,065,598
Less: allowance for credit losses (72,665) (74,965)
Loans, net 7,082,021 6,990,633
Premises and equipment, net 13,643 14,557
Operating lease right-of-use assets 27,548 30,555
Deferred income taxes 92,167 43,174
Bank-owned life insurance 110,047 108,789
Goodwill and other intangible assets, net 104,257 105,793
Other real estate owned 1,487 1,635
Other assets 138,629 133,173
Total Assets 10,941,655 11,847,310
Deposits:    
Noninterest-bearing demand 2,831,934 3,277,956
Interest-bearing transaction 985,431 777,255
Savings and money market 4,741,180 5,197,247
Time 613,073 729,082
Total deposits 9,171,618 9,981,540
Customer repurchase agreements 26,539 23,918
Other short-term borrowings 280,000 300,000
Long-term borrowings 69,732 69,670
Operating lease liabilities 32,414 35,501
Reserve for unfunded commitments 4,921 4,379
Other liabilities 103,711 81,527
Total Liabilities 9,688,935 10,496,535
Shareholders' Equity    
Common stock, par value $0.01 per share; shares authorized 100,000,000, shares issued and outstanding 32,081,241 and 31,950,092, respectively 318 316
Additional paid-in capital 440,418 434,640
Retained earnings 964,353 930,061
Accumulated other comprehensive loss (152,369) (14,242)
Total Shareholders' Equity 1,252,720 1,350,775
Total Liabilities and Shareholders' Equity $ 10,941,655 $ 11,847,310