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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks, noninterest-bearing $ 83,050 $ 128,228
Due from banks, interest-bearing 186,465 332,934
Total cash and cash equivalents 269,515 461,162
Securities available for sale 2,338,215 2,630,414
Securities held to maturity (fair values of $418,599 and $511,699) 544,193 513,825
Presold mortgages in process of settlement at fair value 3,233 19,257
SBA and other loans held for sale 477 61,003
Loans 6,525,286 6,081,715
Allowance for credit losses on loans (86,587) (78,789)
Net loans 6,438,699 6,002,926
Premises and equipment 134,288 136,092
Operating right-of-use lease assets 19,230 20,719
Accrued interest receivable 25,332 25,896
Goodwill 364,263 364,263
Other intangible assets 13,887 17,827
Foreclosed properties 658 3,071
Bank-owned life insurance 164,793 165,786
Other assets 199,079 86,660
Total assets 10,515,862 10,508,901
LIABILITIES    
Noninterest-bearing checking accounts 3,748,207 3,348,622
Interest-bearing checking accounts 5,481,064 5,776,007
Total deposits 9,229,271 9,124,629
Borrowings 226,476 67,386
Accrued interest payable 881 607
Operating lease liabilities 19,847 21,192
Other liabilities 54,890 64,512
Total liabilities 9,531,365 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 724,694 722,671
Retained earnings 617,839 532,874
Stock in rabbi trust assumed in acquisition (1,585) (1,803)
Rabbi trust obligation 1,585 1,803
Accumulated other comprehensive loss (358,036) (24,970)
Total shareholders’ equity 984,497 1,230,575
Total liabilities and shareholders’ equity $ 10,515,862 $ 10,508,901