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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Assets    
Cash and due from banks $ 271,088 $ 526,515
Interest earning time deposits 1,715 2,205
Investment securities, available for sale 535,319 547,251
Investment securities, held to maturity (fair value of $1,627,853 and $1,668,758) 1,925,725 1,945,638
Loans held for sale 922 1,418
Loans, net of allowance for credit losses of $50,387 and $50,029 4,567,788 4,367,601
Premises and equipment, net 94,303 94,583
Federal Home Loan Bank stock 53,826 34,509
Goodwill 155,211 155,211
Other intangible assets 12,754 13,626
Interest receivable 40,008 38,710
Cash value of life insurance 36,455 36,157
Other assets 160,593 177,061
Total assets 7,855,707 7,940,485
Deposits    
Non–interest bearing 1,093,076 1,116,005
Interest bearing 4,486,794 4,548,888
Total deposits 5,579,870 5,664,893
Borrowings 1,359,121 1,353,050
Subordinated notes 55,634 55,543
Junior subordinated debentures issued to capital trusts 57,315 57,258
Interest payable 7,853 22,249
Other liabilities 74,664 68,680
Total liabilities 7,134,457 7,221,673
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 44,116,739 and 43,937,889 shares 0 0
Additional paid-in capital 356,599 356,400
Retained earnings 435,927 429,021
Accumulated other comprehensive loss (71,276) (66,609)
Total stockholders’ equity 721,250 718,812
Total liabilities and stockholders’ equity $ 7,855,707 $ 7,940,485