XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks $ 67,622 $ 122,929
Interest bearing deposits with other banks 346,082 260,249
Total cash and cash equivalents 413,704 383,178
Securities - equity investments 5,085 5,504
Securities available for sale 191,440 182,426
Securities - held to maturity, net of allowance for credit losses of $2,455 and $2,082, respectively, fair value of $5,727 and $5,447, respectively 4,404 4,947
Loans held for sale 607 7,330
Loans, net of allowance for credit losses of $41,553 and $42,213, respectively 4,682,525 4,825,359
Assets held for sale 260,085 0
Federal Home Loan Bank and other restricted stock, at cost 12,196 10,146
Premises and equipment, net 91,725 105,729
Other real estate owned, net 383 524
Goodwill 230,492 233,727
Intangible assets, net 38,627 43,129
Bank-owned life insurance 41,141 40,993
Deferred tax asset, net 10,174 10,023
Indemnification asset 4,582 4,786
Other assets 89,264 98,449
Total assets 6,076,434 5,956,250
Deposits    
Noninterest bearing 1,859,376 1,925,370
Interest bearing 2,472,410 2,721,309
Total deposits 4,331,786 4,646,679
Deposits held for sale 377,698 0
Customer repurchase agreements 2,868 2,103
Federal Home Loan Bank advances 230,000 180,000
Paycheck Protection Program Liquidity Facility 0 27,144
Subordinated notes 107,169 106,957
Junior subordinated debentures 40,737 40,602
Other liabilities 99,511 93,901
Total liabilities 5,189,769 5,097,386
Commitments and contingencies - See Note 8 and Note 9
Stockholders' equity - See Note 12    
Preferred stock 45,000 45,000
Common stock, 25,161,690 and 25,158,879 shares outstanding, respectively 283 283
Additional paid-in-capital 516,551 510,939
Treasury stock, at cost (106,105) (104,743)
Retained earnings 422,879 399,351
Accumulated other comprehensive income (loss) 8,057 8,034
Total stockholders’ equity 886,665 858,864
Total liabilities and stockholders' equity $ 6,076,434 $ 5,956,250