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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Assets    
Cash $ 234,571 $ 199,158
Interest-bearing deposits due from banks 11,192 29,372
Total cash and cash equivalents 245,763 228,530
Investment securities available for sale, at fair value (allowance for credit losses of $4,165 at September 30, 2022 and $83 at December 31, 2021) 1,074,013 769,956
Investment securities held to maturity (fair value of $753,565 at September 30, 2022 and $815,211 at December 31, 2021 and allowance for credit losses of $152 at September 30, 2022 and $181 at December 31, 2021) 934,947 824,956
Equity securities, at fair value 17,180 17,368
Federal Home Loan Bank and other membership bank stock, at cost 21,046 9,049
Loans held for sale 890 1,943
Loans, net of deferred fees 7,568,826 5,976,148
Less: Allowance for credit losses 68,879 58,047
Total loans, net 7,499,947 5,918,101
Premises and equipment, net 54,670 45,916
Operating lease right-of-use assets 25,854 15,222
Accrued interest receivable 29,542 19,209
Goodwill 271,829 156,277
Other intangible assets 9,669 2,420
Bank owned life insurance 156,273 117,356
Other assets 173,976 71,753
Total Assets 10,515,599 8,198,056
Liabilities    
Deposits 8,677,799 6,965,823
Federal funds purchased and securities sold under agreements to repurchase 357,787 106,453
Other borrowings 25,000 25,000
Subordinated debentures 194,148 179,043
Operating lease liabilities 27,224 16,523
Other liabilities 151,235 78,200
Total Liabilities 9,433,193 7,371,042
Stockholders' Equity    
Common stock, no par value; authorized 100,000,000 shares; issued 64,935,026 shares and outstanding 64,803,991 shares at September 30, 2022 and issued 50,737,400 shares and outstanding 50,606,365 shares at December 31, 2021 854,336 565,862
Retained earnings 305,303 259,340
Treasury shares, at cost, 131,035 shares at September 30, 2022 and December 31, 2021 (1,452) (1,452)
Accumulated other comprehensive (loss) income (75,781) 3,264
Total Stockholders' Equity 1,082,406 827,014
Total Liabilities and Stockholders' Equity $ 10,515,599 $ 8,198,056