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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks, noninterest-bearing $ 95,257 $ 101,133
Due from banks, interest-bearing 178,332 169,185
Total cash and cash equivalents 273,589 270,318
Securities available for sale 2,100,406 2,314,493
Securities held to maturity (fair values of $410,321 and $432,528) 535,460 541,700
Presold mortgages and SBA loans in process of settlement 8,060 1,282
Loans 8,027,037 6,665,145
Allowance for credit losses on loans (108,198) (90,967)
Net loans 7,918,839 6,574,178
Premises and equipment 151,981 134,187
Operating right-of-use lease assets 17,604 18,733
Accrued interest receivable 34,414 29,710
Goodwill 478,750 364,263
Other intangible assets 34,879 12,675
Bank-owned life insurance 182,764 164,592
Other assets 241,214 198,918
Total assets 11,977,960 10,625,049
LIABILITIES    
Noninterest-bearing checking accounts 3,503,050 3,566,003
Interest-bearing deposits 6,732,353 5,661,526
Total deposits 10,235,403 9,227,529
Borrowings 401,843 287,507
Accrued interest payable 5,511 2,738
Operating lease liabilities 18,348 19,391
Other liabilities 59,172 56,288
Total liabilities 10,720,277 9,593,453
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 962,644 725,153
Retained earnings 695,791 648,418
Stock in rabbi trust assumed in acquisition (1,375) (1,585)
Rabbi trust obligation 1,375 1,585
Accumulated other comprehensive loss (400,752) (341,975)
Total shareholders’ equity 1,257,683 1,031,596
Total liabilities and shareholders’ equity $ 11,977,960 $ 10,625,049