Income Taxes (Tables)

9 Months Ended

Sep. 30, 2020

Income Tax Disclosure [Abstract]

Significant components of the company's deferred tax assets and liabilities

The following table is a summary of the Company’s temporary differences between the tax basis of assets and liabilities and their financial reporting amounts that give rise to deferred income tax assets and liabilities and their approximate tax effects as of the dates presented.

	September 30,		December 31,
	2020		2019
Deferred tax assets
Allowance for credit losses	$	45,891	$	14,304
Loans	11,579		10,284
Deferred compensation	11,605		12,050
Impairment of assets	1,631		1,108
Net operating loss carryforwards	2,607		9,387
Lease liabilities under operating leases	22,271		22,686
Other	208		934
Total deferred tax assets	95,792		70,753
Deferred tax liabilities
Net unrealized gains on securities	6,057		190
Investment in partnerships	982		967
Fixed assets	7,688		2,952
Mortgage servicing rights	14,121		13,472
Junior subordinated debt	2,237		2,304
Lease right-of-use asset	21,203		21,727
Other	1,457		1,859
Total deferred tax liabilities	53,745		43,471
Net deferred tax assets	$	42,047	$	27,282