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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Assets    
Cash and due from banks $ 10,803 $ 9,047
Federal funds sold 5,802 3,740
Interest-bearing deposits with banks and other short-term investments 526,228 709,897
Investment securities available-for-sale (amortized cost of $1,584,435 and $1,668,316, respectively, and allowance for credit losses of $17 and $17, respectively). 1,420,618 1,506,388
Investment securities held-to-maturity, net of allowance for credit losses of $2,012 and $1,956, respectively (fair value of $856,275 and $901,582, respectively) 982,955 1,015,737
Federal Reserve and Federal Home Loan Bank stock 54,274 25,748
Loans:    
Loans held for sale, at lower of cost or fair value 5,000 0
Loans held for investment, at amortized cost 8,001,739 7,968,695
Less: allowance for credit losses (106,301) (85,940)
Loans held for investment, net of allowance 7,895,438 7,882,755
Total Loans 7,900,438 7,882,755
Premises and equipment, net 8,788 10,189
Right-of-use assets - operating leases 16,250 19,129
Deferred income taxes 86,236 86,620
Bank-owned life insurance 114,333 112,921
Goodwill and other intangible assets, net 129 104,925
Other real estate owned 773 1,108
Other assets 174,396 176,334
Total Assets 11,302,023 11,664,538
Deposits:    
Noninterest-bearing demand 1,693,955 2,279,081
Interest-bearing transaction 1,123,980 997,448
Savings and money market 3,165,314 3,314,043
Time 2,284,099 2,217,467
Total deposits 8,267,348 8,808,039
Customer repurchase agreements 39,220 30,587
Borrowings 1,659,979 1,369,918
Operating lease liabilities 20,016 23,238
Reserve for unfunded commitments 6,653 5,590
Other liabilities 139,348 152,883
Total Liabilities 10,132,564 10,390,255
Shareholders' Equity    
Common stock, par value $0.01 per share; shares authorized 100,000,000, shares issued and outstanding 30,180,482 and 29,925,612, respectively 297 296
Additional paid-in capital 380,142 374,888
Retained earnings 949,863 1,061,456
Accumulated other comprehensive loss (160,843) (162,357)
Total Shareholders' Equity 1,169,459 1,274,283
Total Liabilities and Shareholders' Equity $ 11,302,023 $ 11,664,538