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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Assets    
Cash $ 358,052 $ 262,327
Interest-bearing deposits due from banks 17,348 7,763
Total cash and cash equivalents 375,400 270,090
Investment securities available for sale, at fair value (allowance for credit losses of $21 at June 30, 2021 and $2 at December 31, 2020) 988,673 855,746
Investment securities held to maturity (fair value of $96,174 at June 30, 2021 and $93,868 at December 31, 2020 and $137 allowance for credit losses at June 30, 2021 and none at December 31, 2020) 94,278 90,766
Equity securities, at fair value 15,440 14,694
Federal Home Loan Bank and other membership bank stock, at cost 9,210 11,979
Loans held for sale 816 1,335
Loans, net of deferred fees 5,988,832 6,021,232
Less: Allowance for credit losses 60,389 71,124
Net loans 5,928,443 5,950,108
Premises and equipment, net 47,641 48,495
Operating lease right-of-use assets 15,513 16,772
Accrued interest receivable 18,309 19,339
Goodwill 156,277 156,277
Other identifiable intangible assets 2,841 3,288
Bank owned life insurance 116,398 115,115
Other assets 84,999 110,293
Total Assets 7,854,238 7,664,297
Liabilities    
Deposits 6,715,035 6,455,783
Federal funds purchased and securities sold under agreements to repurchase 100,190 169,560
Other borrowings 25,000 25,000
Subordinated debentures 113,045 118,257
Operating lease liabilities 16,847 18,183
Other liabilities 87,445 113,730
Total Liabilities 7,057,562 6,900,513
Stockholders' Equity    
Common stock, no par value; authorized 100,000,000 shares; issued 50,732,384 shares and outstanding 50,601,349 shares at June 30, 2021 and issued 50,610,681 shares and outstanding 50,479,646 shares at December 31, 2020 563,980 562,421
Retained earnings 228,803 191,418
Treasury shares, at cost, 131,035 shares at June 30, 2021 and December 31, 2020 (1,452) (1,452)
Accumulated other comprehensive income 5,345 11,397
Total Stockholders' Equity 796,676 763,784
Total Liabilities and Stockholders' Equity $ 7,854,238 $ 7,664,297
Treasury shares (in shares) 131,035 131,035