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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Jun. 30, 2018
ASSETS      
CASH AND DUE FROM BANKS $ 178,345 $ 207,835 $ 178,217
FEDERAL FUNDS SOLD 700   8,450
INTEREST-BEARING DEPOSITS IN BANKS 128,652 40,812 99,499
Total cash and cash equivalents 307,697 248,647 286,166
INTEREST-BEARING TIME DEPOSITS IN BANKS 960 1,458 1,458
SECURITIES AVAILABLE-FOR-SALE, at fair value 3,259,492 3,158,777 3,197,567
LOANS:      
Held for investment 4,040,952 3,953,636 3,831,480
Less – allowance for loan losses (51,820) (51,202) (49,951)
Net loans held for investment 3,989,132 3,902,434 3,781,529
Held-for-sale ($18,981, $5,061 and $19,185 at fair value at June 30, 2019 and 2018 and December 31, 2018, respectively) 22,305 21,672 24,289
Net loans 4,011,437 3,924,106 3,805,818
BANK PREMISES AND EQUIPMENT, net 134,322 133,421 130,366
INTANGIBLE ASSETS 174,151 174,683 175,185
OTHER ASSETS 91,234 90,762 88,910
Total assets 7,979,293 7,731,854 7,685,470
LIABILITIES AND SHAREHOLDERS' EQUITY      
NONINTEREST-BEARING DEPOSITS 2,167,552 2,116,107 2,105,953
INTEREST-BEARING DEPOSITS 4,202,214 4,064,282 4,104,654
Total deposits 6,369,766 6,180,389 6,210,607
DIVIDENDS PAYABLE 16,294 14,227 14,211
BORROWINGS 362,005 468,706 456,935
OTHER LIABILITIES 66,480 15,237 18,089
Total liabilities 6,814,545 6,678,559 6,699,842
SHAREHOLDERS' EQUITY:      
Common stock – ($0.01 par value, authorized 200,000,000 shares; 135,809,224, 67,669,658 and 67,753,133 shares issued at June 30, 2019 and 2018 and December 31, 2018, respectively) 1,358 678 677
Capital surplus 448,349 443,114 439,731
Retained earnings 655,794 606,658 556,615
Treasury stock (shares at cost: 929,441, 491,170 and 467,811 at June 30, 2019 and 2018 and December 31, 2018, respectively) (7,823) (7,507) (7,419)
Deferred compensation 7,823 7,507 7,419
Accumulated other comprehensive earnings (loss) 59,247 2,845 (11,395)
Total shareholders' equity 1,164,748 1,053,295 985,628
Total liabilities and shareholders' equity $ 7,979,293 $ 7,731,854 $ 7,685,470