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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Assets    
Cash and due from banks $ 81,692 $ 89,843
Interest bearing deposits with other banks 227,876 34,688
Total cash and cash equivalents 309,568 124,531
Time deposits with other banks 2,247 3,742
Debt securities:    
Securities available-for-sale (at fair value) 1,286,858 946,855
Securities held-to-maturity (fair value $216,000 at September 30, 2020 and $262,213 at December 31, 2019) 207,376 261,369
Total debt securities 1,494,234 1,208,224
Loans held for sale (at fair value) 73,046 20,029
Loans 5,858,029 5,198,404
Less: Allowance for credit losses (94,013) (35,154)
Loans, net of allowance for credit losses 5,764,016 5,163,250
Bank premises and equipment, net 76,393 66,615
Other real estate owned 15,890 12,390
Goodwill 221,176 205,286
Other intangible assets, net 18,163 20,066
Bank owned life insurance 130,887 126,181
Net deferred tax assets 25,503 16,457
Other assets 156,717 141,740
Total Assets 8,287,840 7,108,511
Liabilities    
Deposits 6,914,843 5,584,753
Securities sold under agreements to repurchase, maturing within 30 days 89,508 86,121
Federal Home Loan Bank (FHLB) borrowings 35,000 315,000
Subordinated debt 71,295 71,085
Other liabilities 78,853 65,913
Total Liabilities 7,189,499 6,122,872
Shareholders' Equity    
Common stock, par value $0.10 per share, authorized 120,000,000 shares, issued 55,499,401 and outstanding 55,168,617 at September 30, 2020, and authorized 120,000,000, issued 51,760,617 and outstanding 51,513,733 shares at December 31, 2019 5,517 5,151
Other shareholders' equity 1,092,824 980,488
Total Shareholders' Equity 1,098,341 985,639
Total Liabilities and Shareholders' Equity $ 8,287,840 $ 7,108,511