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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Assets    
Cash and due from banks $ 41,489 $ 19,486
Interest earning deposits with banks 411,747 228,955
Restricted cash 32,541 42,160
Cash and cash equivalents 485,777 290,601
Securities    
Debt securities available for sale, at fair value 1,045,883 1,057,621
Debt securities held to maturity, at amortized cost (estimated fair value of $218,388 and $217,609 at March 31, 2023 and December 31, 2022, respectively) 239,258 242,101
Equity securities with readily determinable fair value not held for trading 0 11,383
Federal Reserve Bank and Federal Home Loan Bank stock 62,556 55,575
Securities 1,347,697 1,366,680
Mortgage loans held for sale, at fair value 65,289 62,438
Loans held for investment, gross 7,049,746 6,857,194
Less: Allowance for credit losses 84,361 83,500
Loans held for investment, net 6,965,385 6,773,694
Bank owned life insurance 229,824 228,412
Premises and equipment, net 42,380 41,772
Deferred tax assets, net 46,112 48,703
Operating lease right-of-use assets 119,503 139,987
Goodwill 20,525 19,506
Accrued interest receivable and other assets 172,810 156,011
Total assets 9,495,302 9,127,804
Deposits    
Noninterest bearing 1,360,626 1,367,664
Interest bearing 2,489,565 2,300,469
Savings and money market 1,507,195 1,647,811
Time 1,929,340 1,728,255
Total deposits 7,286,726 7,044,199
Advances from the Federal Home Loan Bank 1,052,012 906,486
Senior notes 59,289 59,210
Subordinated notes 29,326 29,284
Junior subordinated debentures held by trust subsidiaries 64,178 64,178
Operating lease liabilities 122,214 140,147
Accounts payable, accrued liabilities and other liabilities 152,501 178,574
Total liabilities 8,766,246 8,422,078
Contingencies (Note 16)
Stockholders’ equity    
Class A common stock, $0.10 par value, 250 million shares authorized; 33,814,260 shares issued and outstanding at March 31, 2023 (33,815,161 shares issued and outstanding at December 31, 2022) 3,383 3,382
Additional paid in capital 194,782 194,694
Retained earnings 607,544 590,375
Accumulated other comprehensive loss (74,319) (80,635)
Total stockholders' equity before noncontrolling interest 731,390 707,816
Noncontrolling interest (2,334) (2,090)
Total stockholders' equity 729,056 705,726
Total liabilities and stockholders' equity $ 9,495,302 $ 9,127,804