v3.21.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
ASSETS    
Cash and due from banks $ 57,154 $ 65,078
Interest earning deposits in banks 80,924 17,409
Federal funds sold 7,691 172
Total cash and cash equivalents 145,769 82,659
Debt securities available for sale at fair value 1,896,894 1,657,381
Loans held for sale 58,333 59,956
Gross loans held for investment 3,374,076 3,496,790
Unearned income, net (15,915) (14,567)
Loans held for investment, net of unearned income 3,358,161 3,482,223
Allowance for credit losses (50,650) (55,500)
Total loans held for investment, net 3,307,511 3,426,723
Premises and equipment, net 85,581 86,401
Goodwill 62,477 62,477
Other intangible assets, net 23,735 25,242
Foreclosed assets, net 1,487 2,316
Other assets 155,525 153,493
Total assets 5,737,312 5,556,648
LIABILITIES AND SHAREHOLDERS' EQUITY    
Noninterest bearing deposits 958,526 910,655
Interest bearing deposits 3,836,037 3,636,394
Total deposits 4,794,563 4,547,049
Short-term borrowings 175,785 230,789
Long-term debt 201,696 208,691
Other liabilities 53,948 54,869
Total liabilities 5,225,992 5,041,398
Shareholders' equity    
Preferred stock, no par value; authorized 500,000 shares; no shares issued and outstanding 0 0
Common stock, $1.00 par value; authorized 30,000,000 shares; issued shares of 16,581,017 and 16,581,017; outstanding shares of 15,981,088 and 16,016,780 16,581 16,581
Additional paid-in capital 299,747 300,137
Retained earnings 206,230 188,191
Treasury stock at cost, 599,929 and 564,237 shares (15,278) (14,251)
Accumulated other comprehensive income 4,040 24,592
Total shareholders' equity 511,320 515,250
Total liabilities and shareholders' equity $ 5,737,312 $ 5,556,648