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Consolidated balance sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks $ 69,798 $ 48,806
Federal funds sold 118,588 131,119
Interest-bearing deposits in financial institutions 874,005 52,756
Cash and cash equivalents 1,062,391 232,681
Investments:    
Available-for-sale debt securities, at fair value 1,160,521 688,381
Equity securities, at fair value 4,389 3,295
Federal Home Loan Bank stock, at cost 31,232 15,976
Loans held for sale, at fair value 851,951 262,518
Loans 7,213,538 4,409,642
Less: allowance for credit losses 183,973 31,139
Net loans 7,029,565 4,378,503
Premises and equipment, net 136,774 90,131
Other real estate owned, net 12,748 18,939
Operating lease right-of-use assets 52,410 32,539
Interest receivable 47,120 17,083
Mortgage servicing rights, at fair value 71,535 75,521
Goodwill 236,086 169,051
Core deposit and other intangibles, net 23,924 17,589
Other assets 289,792 122,714
Total assets 11,010,438 6,124,921
Deposits    
Noninterest-bearing 2,287,911 1,208,175
Interest-bearing checking 2,005,536 1,014,875
Money market and savings 3,236,670 1,520,035
Customer time deposits 1,471,556 1,171,502
Brokered and internet time deposits 92,074 20,351
Total deposits 9,093,747 4,934,938
Borrowings 438,838 304,675
Operating lease liabilities 56,705 35,525
Accrued expenses and other liabilities 176,057 87,454
Total liabilities 9,765,347 5,362,592
SHAREHOLDERS' EQUITY    
Common stock, $1 par value per share; 75,000,000 shares authorized; 47,191,677 and 31,034,315 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively 47,192 31,034
Additional paid-in capital 896,158 425,633
Retained earnings 276,361 293,524
Accumulated other comprehensive income, net 25,287 12,138
Total common shareholders' equity 1,244,998 762,329
Noncontrolling interests 93 0
Total shareholders' equity 1,245,091 762,329
Total liabilities and shareholders' equity $ 11,010,438 $ 6,124,921