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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Assets    
Cash and due from banks $ 445,097 $ 392,694
Federal funds sold 4,299 1,811
Cash and cash equivalents 449,396 394,505
Investment securities available for sale, at fair value (allowance for credit losses of $75 at March 31, 2020) 656,254 649,433
Equity securities, at fair value 5,640 5,621
Loans 4,376,204 4,401,410
Allowance for credit losses on loans (38,545) (28,028)
Total loans, net 4,337,659 4,373,382
Loans held for sale 113,852 16,431
Premises and equipment, net 90,118 91,055
Operating lease right-of-use asset 14,078 14,224
Other real estate owned 7,892 6,745
Nonmarketable equity securities 46,068 44,505
Accrued interest receivable 16,532 16,346
Loan servicing rights, at lower of cost or fair value 44,566 53,824
Mortgage servicing rights held for sale 1,460 1,972
Goodwill 172,796 171,758
Other intangible assets, net 33,124 34,886
Cash surrender value of life insurance policies 143,323 142,423
Accrued income taxes receivable 7,130 6,362
Other assets 68,342 63,545
Total assets 6,208,230 6,087,017
Deposits:    
Noninterest-bearing 1,052,726 1,019,472
Interest-bearing 3,597,914 3,524,782
Total deposits 4,650,640 4,544,254
Short-term borrowings 43,578 82,029
FHLB advances and other borrowings 593,089 493,311
Subordinated debt 169,505 176,653
Trust preferred debentures 48,420 48,288
Accrued interest payable 7,078 6,400
Deferred tax liabilities, net 9,911 11,278
Operating lease liabilities 15,048 15,369
Other liabilities 39,801 47,524
Total liabilities 5,577,070 5,425,106
Shareholders' Equity:    
Common stock, $0.01 par value; 40,000,000 shares authorized; 23,381,496 and 24,420,345 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 234 244
Capital surplus 468,750 488,305
Retained earnings 153,722 165,920
Accumulated other comprehensive income 8,454 7,442
Total shareholders' equity 631,160 661,911
Total liabilities and shareholders' equity $ 6,208,230 $ 6,087,017