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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
ASSETS    
Cash and due from banks, noninterest-bearing $ 52,621 $ 56,050
Due from banks, interest-bearing 264,840 406,848
Total cash and cash equivalents 317,461 462,898
Securities available for sale 705,224 501,351
Securities held to maturity (fair values of $74,465 and $99,906) 74,265 101,237
Presold mortgages in process of settlement 16,269 4,279
Loans 4,396,544 4,249,064
Allowance for loan losses (19,260) (21,039)
Net loans 4,377,284 4,228,025
Premises and equipment 136,668 119,000
Accrued interest receivable 16,297 16,004
Goodwill 234,368 234,368
Other intangible assets 18,456 21,112
Foreclosed properties 4,589 7,440
Bank-owned life insurance 103,806 101,878
Other assets 64,224 66,524
Total assets 6,068,911 5,864,116
LIABILITIES    
Noninterest bearing checking accounts 1,491,494 1,320,131
Interest bearing checking accounts 894,777 916,374
Money market accounts 1,124,614 1,035,523
Savings accounts 418,043 432,389
Time deposits of $100,000 or more 686,554 690,922
Other time deposits 259,900 264,000
Total deposits 4,875,382 4,659,339
Borrowings 300,656 406,609
Accrued interest payable 2,169 1,976
Other liabilities 55,722 31,962
Total liabilities 5,233,929 5,099,886
Commitments and contingencies
SHAREHOLDERS’ EQUITY    
Preferred stock, no par value per share. Authorized: 5,000,000 shares Issued & outstanding: none, none, and none 0 0
Common stock, no par value per share. Authorized: 40,000,000 shares Issued & outstanding: 29,717,223, 29,724,874, and 29,702,912 shares 429,136 434,453
Retained earnings 402,212 341,738
Stock in rabbi trust assumed in acquisition (2,577) (3,235)
Rabbi trust obligation 2,577 3,235
Accumulated other comprehensive income (loss) 3,634 (11,961)
Total shareholders’ equity 834,982 764,230
Total liabilities and shareholders’ equity $ 6,068,911 $ 5,864,116