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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Assets    
Cash and due from banks $ 167,511 $ 120,748
Interest bearing deposits with other banks 279,671 81,192
Total cash and cash equivalents 447,182 201,940
Time deposits with other banks 5,857 3,236
Debt securities:    
Securities available-for-sale (at fair value) 1,836,020 1,871,742
Securities held-to-maturity (fair value $558.4 million in 2023 and $617.7 million in 2022) 680,313 747,408
Total debt securities 2,516,333 2,619,150
Loans held for sale (at fair value) 4,391 3,151
Loans 10,062,940 8,144,724
Less: Allowance for credit losses (148,931) (113,895)
Loans, net of allowance for credit losses 9,914,009 8,030,829
Bank premises and equipment, net 113,304 116,892
Other real estate owned 7,560 2,301
Goodwill 732,417 480,319
Other intangible assets, net 95,645 75,451
Bank owned life insurance 298,974 237,824
Net deferred tax assets 113,232 94,457
Other assets 331,345 280,212
Total Assets 14,580,249 12,145,762
Deposits    
Noninterest demand 3,544,981 4,070,973
Interest-bearing demand 2,790,210 2,337,590
Savings 651,454 1,064,392
Money market 3,314,288 1,985,974
Other time deposits 803,393 369,389
Brokered time certificates 122,347 3,798
Time certificates of more than $250,000 550,262 149,479
Total Deposits 11,776,935 9,981,595
Securities sold under agreements to repurchase, maturing within 30 days 374,573 172,029
FHLB borrowings 50,000 150,000
Long-term debt, net 106,302 84,533
Other liabilities 164,353 149,830
Total Liabilities 12,472,163 10,537,987
Commitments and Contingencies
Shareholders' Equity    
Common stock, par value $0.10 per share authorized 120,000,000 shares, issued 85,480,183 and outstanding 84,861,498 shares in 2023 and authorized 120,000,000 shares, issued 72,099,136 and outstanding 71,617,852 shares in 2022 8,486 7,162
Additional paid-in capital 1,808,883 1,377,802
Retained earnings 467,305 423,863
Less: Treasury stock (618,685 shares in 2023 and 481,284 shares in 2022), at cost (16,710) (13,019)
Total shareholders' equity, before accumulated other comprehensive income (loss), net 2,267,964 1,795,808
Accumulated other comprehensive loss, net (159,878) (188,033)
Total Shareholders' Equity 2,108,086 1,607,775
Total Liabilities & Shareholders' Equity $ 14,580,249 $ 12,145,762