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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Assets    
Cash and due from banks $ 8,625 $ 12,655
Federal funds sold 13,611 33,927
Interest-bearing deposits with banks and other short-term investments 235,819 265,272
Investment securities available-for-sale (amortized cost of $1,700,233 and $1,803,898, respectively, and allowance for credit losses of $17 and $17, respectively). 1,474,945 1,598,666
Investment securities held-to-maturity, net of allowance for credit losses of $2,010 and $766, respectively (fair value of $872,710 and $968,707, respectively) 1,032,485 1,093,374
Federal Reserve and Federal Home Loan Bank stock 25,689 65,067
Loans held for sale 0 6,734
Loans 7,916,391 7,635,632
Less: allowance for credit losses (83,332) (74,444)
Loans, net 7,833,059 7,561,188
Premises and equipment, net 11,216 13,475
Operating lease right-of-use assets 20,151 24,544
Deferred income taxes 98,987 96,567
Bank-owned life insurance 112,234 110,998
Goodwill and other intangible assets, net 105,239 104,233
Other real estate owned 1,487 1,962
Other assets 190,667 162,192
Total Assets 11,164,214 11,150,854
Deposits:    
Noninterest-bearing demand 2,072,665 3,150,751
Interest-bearing transaction 932,779 1,138,235
Savings and money market 3,129,773 3,640,697
Time 2,241,089 783,499
Total deposits 8,376,306 8,713,182
Customer repurchase agreements 25,689 35,100
Other short-term borrowings 1,300,001 975,001
Long-term borrowings 69,887 69,794
Operating lease liabilities 24,422 29,267
Reserve for unfunded commitments 6,183 5,857
Other liabilities 145,842 94,332
Total Liabilities 9,948,330 9,922,533
Shareholders' Equity    
Common stock, par value $0.01 per share; shares authorized 100,000,000, shares issued and outstanding 29,917,982 and 31,346,903, respectively 296 310
Additional paid-in capital 372,394 412,303
Retained earnings 1,054,699 1,015,215
Accumulated other comprehensive loss (211,505) (199,507)
Total Shareholders' Equity 1,215,884 1,228,321
Total Liabilities and Shareholders' Equity $ 11,164,214 $ 11,150,854