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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Assets:    
Cash and cash equivalents $ 65,756 $ 127,259
Investment securities available-for-sale (amortized cost of $960,550 and $1,018,774 at June 30, 2019 and December 31, 2018, respectively) 966,731 994,065
Investment securities held-to-maturity (fair value of $53,929 and $68,595 at June 30, 2019 and December 31, 2018, respectively) 54,482 70,438
Equity securities at fair value 19,092 14,228
Stock in Federal Home Loan Bank and Federal Reserve Bank 64,453 49,263
Loans held for sale 3,640 2,812
Total loans 7,080,260 6,893,158
Less: Allowance for loan losses 75,067 75,312
Net loans 7,005,193 6,817,846
Other real estate owned (“OREO”) 0 401
Premises and equipment, net 40,244 45,412
Goodwill 57,607 57,607
Intangible assets, net 10,884 12,227
Fees receivable 3,611 5,101
Accrued interest receivable 26,411 24,366
Deferred income taxes, net 17,183 26,638
Right-of-use assets 110,880  
Other assets 266,706 246,962
Total assets 8,712,873 8,494,625
Liabilities:    
Deposits 6,437,963 6,781,170
Securities sold under agreements to repurchase 62,372 36,928
Federal funds purchased 135,000 250,000
Federal Home Loan Bank borrowings 920,068 420,144
Junior subordinated debentures 106,363 106,363
Lease liabilities 126,740  
Other liabilities 124,370 143,540
Total liabilities 7,912,876 7,738,145
Redeemable Noncontrolling Interests 1,786 2,526
Shareholders’ Equity:    
Common stock, $1.00 par value; authorized: 170,000,000 shares; issued and outstanding: 83,774,335 shares at June 30, 2019 and 83,655,651 shares at December 31, 2018 83,774 83,656
Additional paid-in capital 603,869 600,196
Retained earnings 106,443 87,821
Accumulated other comprehensive income/ (loss) 4,125 (17,719)
Total shareholders’ equity 798,211 753,954
Total liabilities, redeemable noncontrolling interests and shareholders’ equity $ 8,712,873 $ 8,494,625