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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Assets    
Cash and due from banks $ 9,940 $ 12,655
Federal funds sold 3,746 33,927
Interest-bearing deposits with banks and other short-term investments 159,078 265,272
Investment securities available-for-sale (amortized cost of $1,763,371 and $1,803,898, respectively, and allowance for credit losses of $31 and $17, respectively). 1,582,185 1,598,666
Investment securities held-to-maturity, net of allowance for credit losses of $2,008 and $766, respectively, (fair value of $965,786 and $968,707, respectively) 1,075,303 1,093,374
Federal Reserve and Federal Home Loan Bank stock 79,134 65,067
Loans held for sale 6,488 6,734
Loans 7,737,676 7,635,632
Less: allowance for credit losses (78,377) (74,444)
Loans, net 7,659,299 7,561,188
Premises and equipment, net 12,929 13,475
Operating lease right-of-use assets 23,060 24,544
Deferred income taxes 89,117 96,567
Bank-owned life insurance 111,217 110,998
Goodwill and other intangible assets, net 104,226 104,233
Other real estate owned 1,962 1,962
Other assets 171,183 162,192
Total Assets 11,088,867 11,150,854
Deposits:    
Noninterest-bearing demand 2,247,706 3,150,751
Interest-bearing transaction 907,637 1,138,235
Savings and money market 2,970,093 3,640,697
Time 1,337,805 783,499
Total deposits 7,463,241 8,713,182
Customer repurchase agreements 37,854 35,100
Other short-term borrowings 2,113,801 975,001
Long-term borrowings 69,825 69,794
Operating lease liabilities 27,634 29,267
Reserve for unfunded commitments 6,704 5,857
Other liabilities 127,850 94,332
Total Liabilities 9,846,909 9,922,533
Shareholders' Equity    
Common stock, par value $0.01 per share; shares authorized 100,000,000, shares issued and outstanding 31,111,647 and 31,346,903, respectively 308 310
Additional paid-in capital 397,012 412,303
Retained earnings 1,025,552 1,015,215
Accumulated other comprehensive loss (180,914) (199,507)
Total Shareholders' Equity 1,241,958 1,228,321
Total Liabilities and Shareholders' Equity $ 11,088,867 $ 11,150,854