XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 309,135 $ 482,727
Available-for-sale securities - taxable 174,004 192,146
Available-for-sale securities - tax-exempt 482,523 553,823
Loans, net of unearned fees 4,677,646 4,256,213
Allowance for credit losses on loans [1] 55,864 58,375
Loans, net of the allowance for credit losses on loans 4,621,782 4,197,838
Premises and equipment, net 64,313 66,069
Restricted equity securities 9,277 11,927
Interest receivable 20,553 16,023
Foreclosed assets held for sale 973 1,148
Bank-owned life insurance 68,698 67,498
Other 97,719 32,258
Total assets 5,848,977 5,621,457
Deposits    
Non-interest-bearing 1,113,934 1,163,224
Savings, NOW and money market 3,123,410 2,895,986
Time 750,171 624,387
Total deposits 4,987,515 4,683,597
Federal Home Loan Bank advances 205,349 236,600
Other borrowings 1,048 1,009
Interest payable and other liabilities 74,518 32,678
Total liabilities 5,268,430 4,953,884
Stockholders' equity    
Common stock, $0.01 par value: Authorized - 200,000,000 shares, issued - 53,018,448 and 52,590,015 shares at September 30, 2022 and December 31, 2021, respectively 530 526
Treasury stock, at cost: 4,230,752 and 2,139,970 shares held at September 30, 2022 and December 31, 2021, respectively (59,328) (28,347)
Additional paid-in capital 529,646 526,806
Retained earnings 194,148 147,099
Accumulated other comprehensive (loss) income (84,449) 21,489
Total stockholders equity 580,547 667,573
Total liabilities and stockholders' equity $ 5,848,977 $ 5,621,457
[1]
As of December 31, 2021, this line represents the allowance for loan and
 
lease losses. See further discussion in “Note 1: Nature of
Operations and Summary of Significant Accounting Policies”
in the Notes to Condensed Consolidated Financial Statements
(unaudited).