CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Dec. 31, 2019	Dec. 31, 2018
ASSETS
Cash and due from banks		$ 66,949	$ 87,375
Interest earning deposits		43,748	23,884
Federal funds sold		0	9,460
Total cash and cash equivalents		110,697	120,719
Securities available for sale, at estimated fair value		2,358,597	1,989,436
Securities held to maturity, at carrying value (estimated fair value of $138,879 and $159,781, respectively)		134,863	162,931
Federal Home Loan Bank stock, at cost		50,087	32,583
Equity investments		12,331	12,093
Loans held for sale		383	601
Loans:
Loans		3,568,204	3,312,799
Less: Allowance for loan losses	[1]	(24,797)	(27,019)
Net loans		3,543,407	3,285,780
Premises and equipment, net		143,912	135,972
Operating lease right-of-use assets		9,755	0
Goodwill		201,116	201,116
Other intangible assets, net		13,361	17,779
Interest receivable		28,452	27,287
Deferred tax asset, net		0	9,776
Unsettled issuances of brokered certificates of deposit		20,000	15,236
Bank owned life insurance		100,498	98,160
Other assets		21,454	14,025
Total assets		6,748,913	6,123,494
Deposits:
Noninterest bearing		1,040,112	994,680
Interest bearing		3,662,657	3,430,350
Total deposits		4,702,769	4,425,030
Other borrowings		28,358	36,810
Federal Home Loan Bank borrowings		972,744	719,065
Subordinated notes, net of unamortized debt issuance costs	[2]	98,576	98,407
Trust preferred subordinated debentures, net of unamortized debt issuance costs		60,250	60,246
Deferred tax liability, net		4,823	0
Unsettled trades to purchase securities		17,538	6,378
Operating lease liabilities		10,174	0
Other liabilities		49,101	46,267
Total liabilities		5,944,333	5,392,203
Off-balance-sheet arrangements, commitments and contingencies (Note 18)
Shareholders’ equity:
Common stock: ($1.25 par value, 80,000,000 shares authorized, 37,887,662 shares issued at December 31, 2019 and 37,845,224 shares issued at December 31, 2018)		47,360	47,307
Paid-in capital		766,718	762,470
Retained earnings		80,274	64,797
Treasury stock: (shares at cost, 4,064,405 at December 31, 2019 and 4,120,475 at December 31, 2018)		(94,008)	(93,055)
Accumulated other comprehensive income (loss)		4,236	(50,228)
Total shareholders’ equity		804,580	731,291
Total liabilities and shareholders’ equity		$ 6,748,913	$ 6,123,494

[1] The allowance for loan losses recorded on purchased credit impaired (“PCI”) loans totaled $257,000 and $302,000 as of December 31, 2019 and 2018, respectively.

[2] This debt consists of subordinated notes with a remaining maturity greater than one year that qualify under the risk-based capital guidelines as Tier 2 capital, subject to certain limitations.