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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Assets    
Cash and due from banks $ 123,945 $ 139,313
Federal funds sold and interest-bearing deposits in banks 210,930 191,345
Cash and cash equivalents 334,875 330,658
Investment securities available for sale, at fair value 848,585 810,873
Other investments 32,227 42,270
Loans held for sale, at fair value 111,135 197,442
Loans 5,051,986 4,856,514
Purchased loans 818,587 861,595
Purchased loan pools 319,598 328,246
Loans, net of unearned income 6,190,171 6,046,355
Allowance for loan losses (26,200) (25,791)
Loans, net 6,163,971 6,020,564
Other real estate owned, net 9,171 8,464
Purchased other real estate owned, net 6,723 9,011
Total other real estate owned, net 15,894 17,475
Premises and equipment, net 116,381 117,738
Goodwill 208,513 125,532
Other intangible assets, net 12,562 13,496
Cash value of bank owned life insurance 80,007 79,641
Deferred income taxes, net 28,677 28,320
Other assets 70,001 72,194
Total assets 8,022,828 7,856,203
Deposits:    
Noninterest-bearing 1,867,900 1,777,141
Interest-bearing 4,578,265 4,848,704
Total deposits 6,446,165 6,625,845
Securities sold under agreements to repurchase 23,270 30,638
Other borrowings 555,535 250,554
Subordinated deferrable interest debentures 85,881 85,550
Other liabilities 43,033 59,137
Total liabilities 7,153,884 7,051,724
Commitments and Contingencies (Note 9)
Shareholders’ Equity    
Preferred stock, stated value $1,000 (5,000,000 shares authorized; 0 shares issued and outstanding at March 31, 2018 and December 31, 2017) 0 0
Common stock, par value $1 (100,000,000 shares authorized; 39,819,918 and 38,734,873 shares issued at March 31, 2018 and December 31, 2017, respectively) 39,820 38,735
Capital surplus 559,040 508,404
Retained earnings 296,366 273,119
Accumulated other comprehensive income (loss), net of tax (10,823) (1,280)
Treasury stock, at cost (1,492,837 shares and 1,474,861 shares at March 31, 2018 and December 31, 2017, respectively) (15,459) (14,499)
Total shareholders’ equity 868,944 804,479
Total liabilities and shareholders’ equity $ 8,022,828 $ 7,856,203