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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and due from banks, noninterest-bearing $ 83,851 $ 93,724
Due from banks, interest-bearing 391,375 273,566
Total cash and cash equivalents 475,226 367,290
Securities available for sale 2,115,153 1,453,132
Securities held to maturity (fair values of $292,774 and $170,734) 291,728 167,551
Presold mortgages in process of settlement at fair value 13,762 42,271
SBA Loans held for sale 5,480 6,077
Loans 4,782,064 4,731,315
Allowance for credit losses on loans (65,022) (52,388)
Net loans 4,717,042 4,678,927
Premises and equipment 123,395 120,502
Operating right-of-use lease assets 16,432 17,514
Accrued interest receivable 20,357 20,272
Goodwill 231,906 239,272
Other intangible assets 11,062 15,366
Foreclosed properties 826 2,424
Bank-owned life insurance 108,209 106,974
Other assets 70,004 52,179
Total assets 8,200,582 7,289,751
LIABILITIES    
Noninterest bearing checking accounts 2,651,143 2,210,012
Interest bearing checking accounts 1,378,865 1,172,022
Money market accounts 1,820,475 1,581,364
Savings accounts 593,629 519,266
Time deposits of $100,000 or more 510,722 564,365
Other time deposits 216,524 226,567
Total deposits 7,171,358 6,273,596
Borrowings 61,252 61,829
Accrued interest payable 710 904
Operating lease liabilities 16,893 17,868
Other liabilities 45,859 42,133
Total liabilities 7,296,072 6,396,330
Commitments and contingencies
SHAREHOLDERS’ EQUITY    
Preferred stock, no par value per share. Authorized: 5,000,000 shares, Issued & outstanding: none and none 0 0
Common stock, no par value per share. Authorized: 40,000,000 shares, Issued & outstanding: 28,491,633 and 28,579,335 shares 397,704 400,582
Retained earnings 507,531 478,489
Stock in rabbi trust assumed in acquisition (1,928) (2,243)
Rabbi trust obligation 1,928 2,243
Accumulated other comprehensive income (loss) (725) 14,350
Total shareholders’ equity 904,510 893,421
Total liabilities and shareholders’ equity $ 8,200,582 $ 7,289,751