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Consolidated Balance Sheets - USD ($)
Jun. 30, 2025
Dec. 31, 2024
ASSETS    
Cash and due from banks $ 66,696,000 $ 52,486,000
Interest bearing deposits in other banks 703,869,000 802,714,000
Total cash and cash equivalents 770,565,000 855,200,000
Debt securities AFS, at fair value 1,242,285,000 1,294,512,000
Debt securities HTM (fair value of $152,319 and $160,560, at June 30, 2025 and December 31, 2024, respectively) 176,519,000 184,026,000
Equity securities 20,492,000 22,053,000
Investment in unconsolidated subsidiaries 1,018,000 1,018,000
FHLB Stock and FRB Stock 52,476,000 46,567,000
Total investments 1,492,790,000 1,548,176,000
LHFS 69,480,000 89,309,000
LHI, MW 669,052,000 605,411,000
LHI, excluding MW 8,783,988,000 8,899,133,000
Less: ACL (112,262,000) (111,745,000)
Total LHI, net 9,340,778,000 9,392,799,000
BOLI 86,048,000 85,324,000
Premises and equipment, net 116,642,000 113,480,000
OREO 9,218,000 24,737,000
Intangible assets, net of accumulated amortization 25,006,000 28,664,000
Goodwill 404,452,000 404,452,000
Other assets 212,889,000 226,200,000
Total assets 12,527,868,000 12,768,341,000
Deposits:    
Noninterest-bearing deposits 2,133,294,000 2,191,457,000
Interest-bearing transaction and savings deposits 5,009,137,000 5,061,157,000
Certificates and other time deposits 2,792,750,000 2,958,861,000
Correspondent money market deposits 482,739,000 541,117,000
Total deposits 10,417,920,000 10,752,592,000
Accounts payable and other liabilities 135,647,000 183,944,000
Advances from FHLB 169,000,000 0
Subordinated debentures and subordinated notes 156,082,000 230,736,000
Total liabilities 10,878,649,000 11,167,272,000
Stockholders’ equity:    
Common stock, $0.01 par value: Authorized shares - 75,000,000 Issued shares - 61,744,795 and 61,332,445 at June 30, 2025 and December 31, 2024, respectively 617,000 613,000
APIC 1,329,803,000 1,328,748,000
Retained earnings 545,015,000 507,903,000
AOCI (38,528,000) (65,076,000)
Treasury stock, 7,479,401 and 6,815,764 shares, at cost, at June 30, 2025 and December 31, 2024, respectively (187,688,000) (171,119,000)
Total stockholders’ equity 1,649,219,000 1,601,069,000
Total liabilities and stockholders’ equity $ 12,527,868,000 $ 12,768,341,000