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Other Assets
3 Months Ended
Mar. 31, 2020
Other Assets [Abstract]  
Other Assets Other Assets
The components of the Company's other assets as of March 31, 2020 and December 31, 2019 were as follows:
(in thousands)March 31, 2020December 31, 2019
Bank-owned life insurance$82,146  $81,625  
Interest receivable17,029  18,525  
FHLB stock13,773  15,381  
Mortgage servicing rights6,579  7,026  
Operating lease ROU assets, net4,237  4,499  
Federal & state taxes, current—  2,318  
Federal & state taxes, deferred8,532  3,530  
Derivative assets12,500  1,848  
Other receivables/assets12,656  13,208  
$157,452  $147,960  
The increase in other assets is primarily attributable to the increase in the total amount of the net derivative assets. See Note 6. Derivatives, Hedging Activities and Balance Sheet Offsetting for further details.