XML 160 R3.htm IDEA: XBRL DOCUMENT v3.22.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Cash and cash equivalents:    
Cash and due from banks $ 117,513 $ 102,983
Interest-bearing deposits 109,651 733,112
Total cash and cash equivalents 227,164 836,095
Debt securities available for sale 2,461,393 3,981,251
Debt securities held to maturity 918,312 0
Equity securities 11,535 13,571
Loans held for sale (2022 at LOCOM, 2021 at fair value) 1,253 23,875
Portfolio loans (net of ACL of $91,608 at December 31, 2022; $87,887 at December 31, 2021) 7,634,094 7,101,111
Premises and equipment, net 126,524 136,147
Right of use assets 12,829 10,533
Goodwill 317,873 317,873
Other intangible assets, net 46,423 58,051
Cash surrender value of bank owned life insurance 180,485 176,940
Other assets 398,792 204,242
Total assets 12,336,677 12,859,689
Deposits:    
Noninterest-bearing 3,393,666 3,670,267
Interest-bearing 6,677,614 7,098,310
Total deposits 10,071,280 10,768,577
Securities sold under agreements to repurchase 229,806 270,139
Short-term borrowings 351,054 17,678
Long-term debt 30,000 46,056
Senior notes, net of unamortized issuance costs 0 39,944
Subordinated notes, net of unamortized issuance costs 222,038 182,773
Junior subordinated debt owed to unconsolidated trusts 71,810 71,635
Lease liabilities 12,995 10,591
Other liabilities 201,717 133,184
Total liabilities 11,190,700 11,540,577
Outstanding commitments and contingent liabilities (see Notes 16 and 22)
Stockholders’ Equity    
Common stock, ($0.001 par value; 100,000,000 shares authorized) 58 58
Additional paid-in capital 1,320,980 1,316,984
Retained earnings 168,769 92,463
AOCI (273,278) (23,758)
Total stockholders’ equity before treasury stock 1,216,529 1,385,747
Treasury stock at cost (70,552) (66,635)
Total stockholders’ equity 1,145,977 1,319,112
Total liabilities and stockholders’ equity $ 12,336,677 $ 12,859,689
Shares    
Common shares issued (in shares) 58,116,970 58,116,970
Less treasury shares (in shares) (2,837,846) (2,682,060)
Common shares outstanding (in shares) 55,279,124 55,434,910