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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks $ 87,357 $ 66,949
Interest earning deposits 21,051 43,748
Total cash and cash equivalents 108,408 110,697
Securities AFS, at estimated fair value (amortized cost of $2,437,513 and $2,306,741, respectively) 2,587,305 2,358,597
Securities HTM (estimated fair value of $118,198) 108,998  
Securities HTM (estimated fair value of $138,879)   134,863
FHLB stock, at cost 25,259 50,087
Equity investments 11,905 12,331
Loans held for sale 3,695 383
Loans:    
Loans 3,657,779 3,568,204
Less:  Allowance for loan losses (49,006) (24,797)
Net loans 3,608,773 3,543,407
Premises and equipment, net 144,576 143,912
Operating lease ROU assets 15,063 9,755
Goodwill 201,116 201,116
Other intangible assets, net 9,744 13,361
Interest receivable 38,708 28,452
Unsettled issuances of brokered CDs 0 20,000
BOLI 115,583 100,498
Other assets 29,094 21,454
Total assets 7,008,227 6,748,913
Deposits:    
Noninterest bearing 1,354,815 1,040,112
Interest bearing 3,577,507 3,662,657
Total deposits 4,932,322 4,702,769
Other borrowings 23,172 28,358
FHLB borrowings 832,527 972,744
Subordinated notes, net of unamortized debt issuance costs [1] 197,251 98,576
Trust preferred subordinated debentures, net of unamortized debt issuance costs 60,255 60,250
Deferred tax liability, net 15,549 4,823
Unsettled trades to purchase securities 0 17,538
Operating lease liabilities 16,734 10,174
Other liabilities 55,120 49,101
Total liabilities 6,132,930 5,944,333
Off-balance-sheet arrangements, commitments and contingencies (Note 17)
Shareholders’ equity:    
Common stock:  ($1.25 par value, 80,000,000 shares authorized, 37,934,819 shares issued at December 31, 2020 and 37,887,662 shares issued at December 31, 2019) 47,419 47,360
Paid-in capital 771,511 766,718
Retained earnings 111,208 80,274
Treasury stock: (shares at cost, 4,983,645 at December 31, 2020 and 4,064,405 at December 31, 2019) (123,921) (94,008)
AOCI 69,080 4,236
Total shareholders’ equity 875,297 804,580
Total liabilities and shareholders’ equity $ 7,008,227 $ 6,748,913
[1] 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.