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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Assets    
Cash and due from banks $ 106,691 $ 112,772
Interest earning deposits 4,957 12,071
Federal funds sold 34,453 401,672
Total cash and cash equivalents 146,101 526,515
Interest earning time deposits 1,715 2,205
Investment securities, available for sale 527,054 547,251
Investment securities, held to maturity (fair value of $1,596,987 and $1,668,758) 1,904,281 1,945,638
Loans held for sale 2,440 1,418
Loans, net of allowance for credit losses of $52,215 and $50,029 4,770,625 4,367,601
Premises and equipment, net 93,695 94,583
Federal Home Loan Bank stock 53,826 34,509
Goodwill 155,211 155,211
Other intangible assets 11,910 13,626
Interest receivable 43,240 38,710
Cash value of life insurance 36,773 36,157
Other assets 165,656 177,061
Total assets 7,912,527 7,940,485
Deposits    
Non–interest bearing 1,087,040 1,116,005
Interest bearing 4,543,114 4,548,888
Total deposits 5,630,154 5,664,893
Borrowings 1,357,335 1,353,050
Subordinated notes 55,668 55,543
Junior subordinated debentures issued to capital trusts 57,369 57,258
Interest payable 11,240 22,249
Other liabilities 74,096 68,680
Total liabilities 7,185,862 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 43,712,059 shares issued and outstanding at June 30, 2024 and 43,652,063 shares issued and outstanding at December 31, 2023 0 0
Additional paid-in capital 357,673 356,400
Retained earnings 442,977 429,021
Accumulated other comprehensive loss (73,985) (66,609)
Total stockholders’ equity 726,665 718,812
Total liabilities and stockholders’ equity $ 7,912,527 $ 7,940,485