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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Assets    
Cash and due from banks $ 151,186 $ 172,036
Federal funds sold and interest-bearing deposits in banks 186,969 507,491
Cash and cash equivalents 338,155 679,527
Time deposits in other banks 748 10,812
Investment securities available for sale, at fair value 1,273,244 1,192,423
Other investments 32,481 14,455
Loans held for sale (includes loans at fair value of $196,300 and $111,298, respectively) 261,073 111,298
Loans 6,522,448 5,660,457
Purchased loans 2,286,425 2,588,832
Purchased loan pools 240,997 262,625
Loans, net of unearned income 9,049,870 8,511,914
Allowance for loan losses (31,793) (28,819)
Loans, net 9,018,077 8,483,095
Other real estate owned, net 5,169 7,218
Purchased other real estate owned, net 9,506 9,535
Total other real estate owned, net 14,675 16,753
Premises and equipment, net 141,378 145,410
Goodwill 501,140 503,434
Other intangible assets, net 52,437 58,689
Cash value of bank owned life insurance 105,064 104,096
Deferred income taxes, net 30,812 35,126
Other assets 120,052 88,397
Total assets 11,889,336 11,443,515
Deposits:    
Noninterest-bearing 2,771,443 2,520,016
Interest-bearing 6,810,927 7,129,297
Total deposits 9,582,370 9,649,313
Securities sold under agreements to repurchase 3,307 20,384
Other borrowings 564,636 151,774
Subordinated deferrable interest debentures 89,871 89,187
FDIC loss-share payable, net 20,596 19,487
Other liabilities 91,435 57,023
Total liabilities 10,352,215 9,987,168
Commitments and Contingencies (Note 14)
Shareholders’ Equity    
Preferred stock, stated value $1,000 (5,000,000 shares authorized; 0 shares issued and outstanding at June 30, 2019 and December 31, 2018) 0 0
Common stock, par value $1 (100,000,000 shares authorized; 49,099,332 and 49,014,925 shares issued at June 30, 2019 and December 31, 2018, respectively) 49,099 49,015
Capital surplus 1,053,500 1,051,584
Retained earnings 446,182 377,135
Accumulated other comprehensive income (loss), net of tax 16,462 (4,826)
Treasury stock, at cost (1,837,748 shares and 1,514,984 shares at June 30, 2019 and December 31, 2018, respectively) (28,122) (16,561)
Total shareholders’ equity 1,537,121 1,456,347
Total liabilities and shareholders’ equity $ 11,889,336 $ 11,443,515