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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks, noninterest-bearing $ 124,785 $ 128,228
Due from banks, interest-bearing 440,974 332,934
Total cash and cash equivalents 565,759 461,162
Securities available for sale 2,685,048 2,630,414
Securities held to maturity (fair values of $492,307 and $511,699) 546,090 513,825
Presold mortgages in process of settlement at fair value 5,672 19,257
SBA and other loans held for sale 3,630 61,003
Loans 6,064,698 6,081,715
Allowance for credit losses on loans (82,069) (78,789)
Net loans 5,982,629 6,002,926
Premises and equipment 135,482 136,092
Operating right-of-use lease assets 20,380 20,719
Accrued interest receivable 24,728 25,896
Goodwill 364,263 364,263
Other intangible assets 16,928 17,827
Foreclosed properties 2,750 3,071
Bank-owned life insurance 164,273 165,786
Other assets 134,428 86,660
Total assets 10,652,060 10,508,901
LIABILITIES    
Noninterest-bearing checking accounts 3,593,642 3,348,622
Interest-bearing checking accounts 1,577,197 1,593,231
Money market accounts 2,636,913 2,562,283
Savings accounts 735,659 708,054
Time deposits of $100,000 or more 543,542 613,414
Other time deposits 298,194 299,025
Total deposits 9,385,147 9,124,629
Borrowings 67,415 67,386
Accrued interest payable 576 607
Operating lease liabilities 20,903 21,192
Other liabilities 60,529 64,512
Total liabilities 9,534,570 9,278,326
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: 28,489,474 and 28,579,335 shares 723,441 722,671
Retained earnings 559,004 532,874
Stock in rabbi trust assumed in acquisition (1,814) (1,803)
Rabbi trust obligation 1,814 1,803
Accumulated other comprehensive loss (164,955) (24,970)
Total shareholders’ equity 1,117,490 1,230,575
Total liabilities and shareholders’ equity $ 10,652,060 $ 10,508,901