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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Assets    
Cash and due from banks $ 134,722 $ 123,505
Interest earning time deposits 3,098 2,812
Investment securities, available for sale 943,441 997,558
Investment securities, held to maturity (fair value of $1,709,392 and $1,681,309) 2,015,537 2,022,748
Loans held for sale 2,409 5,807
Loans, net of allowance for credit losses of $49,526 and $50,464 4,197,425 4,107,534
Premises and equipment, net 91,814 92,677
Federal Home Loan Bank stock 32,264 26,677
Goodwill 155,211 155,211
Other intangible assets 16,336 17,239
Interest receivable 36,428 35,294
Cash value of life insurance 147,156 146,175
Other assets 122,154 139,281
Total assets 7,897,995 7,872,518
Deposits    
Non–interest bearing 1,231,845 1,277,768
Interest bearing 4,470,100 4,580,006
Total deposits 5,701,945 5,857,774
Borrowings 1,311,927 1,142,949
Subordinated notes 58,933 58,896
Junior subordinated debentures issued to capital trusts 57,087 57,027
Interest payable 5,922 5,380
Other liabilities 59,622 73,117
Total liabilities 7,195,436 7,195,143
Commitments and contingent liabilities
Stockholders’ Equity    
Preferred stock, Authorized, 1,000,000 shares, Issued 0 shares 0 0
Common stock, no par value, authorized 99,000,000 shares issued and outstanding 0 and 43,937,889 shares 0 0
Additional paid-in capital 354,035 354,188
Retained earnings 440,556 429,385
Accumulated other comprehensive loss (92,032) (106,198)
Total stockholders’ equity 702,559 677,375
Total liabilities and stockholders’ equity $ 7,897,995 $ 7,872,518