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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Assets:    
Cash and cash equivalents $ 1,055,588 $ 292,479
Investment securities available-for-sale (amortized cost of $1,198,513 and $966,900 at December 31, 2020 and 2019, respectively) 1,243,693 978,284
Investment securities held-to-maturity (fair value of $35,942 and $47,949 at December 31, 2020 and 2019, respectively) 35,223 48,212
Equity securities at fair value 41,452 18,810
Stock in Federal Home Loan Bank and Federal Reserve Bank 28,663 39,078
Loans held for sale 17,421 7,386
Total loans 7,104,309 6,976,704
Less: Allowance for loan losses 81,238 71,982
Net loans 7,023,071 6,904,722
Premises and equipment, net 44,087 44,527
Goodwill 57,607 57,607
Intangible assets, net 9,056 10,352
Fees receivable 2,800 4,095
Accrued interest receivable 26,191 24,175
Deferred income taxes, net 6,774 11,383
Right-of-use assets 97,859 102,075
Other assets 359,248 287,316
Total assets 10,048,733 8,830,501
Liabilities:    
Deposits 8,595,366 7,241,476
Securities sold under agreements to repurchase 53,472 53,398
Federal Home Loan Bank borrowings 114,659 350,829
Junior subordinated debentures 106,363 106,363
Lease liabilities 112,339 117,214
Other liabilities 198,526 140,820
Total liabilities 9,180,725 8,010,100
Redeemable Noncontrolling Interests 0 1,383
Shareholders’ Equity:    
Common stock, $1.00 par value; authorized: 170,000,000 shares; issued and outstanding: 82,334,257 shares at December 31, 2020 and 83,265,674 shares at December 31, 2019 82,334 83,266
Additional paid-in capital 597,558 600,708
Retained earnings 156,431 127,469
Accumulated other comprehensive income 31,685 7,575
Total shareholders’ equity 868,008 819,018
Total liabilities, redeemable noncontrolling interests and shareholders’ equity $ 10,048,733 $ 8,830,501