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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Assets    
Cash $ 195,701 $ 199,158
Interest-bearing deposits due from banks 49,765 29,372
Total cash and cash equivalents 245,466 228,530
Investment securities available for sale, at fair value (allowance for credit losses of $2,802 at June 30, 2022 and $83 at December 31, 2021) 1,139,414 769,956
Investment securities held to maturity (fair value of $808,663 at June 30, 2022 and $815,211 at December 31, 2021 and allowance for credit losses of $190 at June 30, 2022 and $181 at December 31, 2021) 941,558 824,956
Equity securities, at fair value 17,594 17,368
Federal Home Loan Bank and other membership bank stock, at cost 25,647 9,049
Loans held for sale 1,168 1,943
Loans, net of deferred fees 7,408,540 5,976,148
Less: Allowance for credit losses 68,836 58,047
Total loans, net 7,339,704 5,918,101
Premises and equipment, net 55,456 45,916
Operating lease right-of-use assets 26,244 15,222
Accrued interest receivable 26,339 19,209
Goodwill 271,829 156,277
Other intangible assets 10,250 2,420
Bank owned life insurance 156,496 117,356
Other assets 117,013 71,753
Total Assets 10,374,178 8,198,056
Liabilities    
Deposits 8,501,804 6,965,823
Federal funds purchased and securities sold under agreements to repurchase 432,206 106,453
Other borrowings 25,000 25,000
Subordinated debentures 194,027 179,043
Operating lease liabilities 27,639 16,523
Other liabilities 103,357 78,200
Total Liabilities 9,284,033 7,371,042
Stockholders' Equity    
Common stock, no par value; authorized 100,000,000 shares; issued 64,924,576 shares and outstanding 64,793,541 shares at June 30, 2022 and issued 50,737,400 shares and outstanding 50,606,365 shares at December 31, 2021 853,206 565,862
Retained earnings 286,063 259,340
Treasury shares, at cost, 131,035 shares at June 30, 2022 and December 31, 2021 (1,452) (1,452)
Accumulated other comprehensive (loss) income (47,672) 3,264
Total Stockholders' Equity 1,090,145 827,014
Total Liabilities and Stockholders' Equity $ 10,374,178 $ 8,198,056