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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Assets    
Cash $ 223,299 $ 199,158
Interest-bearing deposits due from banks 12,651 29,372
Total cash and cash equivalents 235,950 228,530
Investment securities, available for sale, at estimated fair value (allowance for credit losses of $310 at December 31, 2022, and $83 at December 31, 2021) 1,054,312 769,956
Investment securities, held to maturity (estimated fair value of $760,455 at December 31, 2022, and $815,211 at December 31, 2021, and allowance for credit losses of $107 at December 31, 2022, and $181 at December 31, 2021) 923,308 824,956
Equity securities, at fair value 17,283 17,368
Federal Home Loan Bank and other membership stock, at cost 42,483 9,049
Loans held for sale 536 1,943
Loans, net of deferred fees 7,866,050 5,976,148
Less: Allowance for credit losses 70,264 58,047
Total loans, net 7,795,786 5,918,101
Premises and equipment, net 55,429 45,916
Operating lease right-of-use assets 20,052 15,222
Accrued interest receivable 33,374 19,209
Goodwill 271,829 156,277
Other identifiable intangible assets 9,088 2,420
Bank owned life insurance 156,985 117,356
Other assets 167,425 71,753
Total Assets 10,783,840 8,198,056
Liabilities    
Deposits 8,567,471 6,965,823
Federal funds purchased and securities sold under agreements to repurchase 728,797 106,453
Other borrowings 25,000 25,000
Subordinated debentures 194,264 179,043
Operating lease liabilities 21,449 16,523
Other liabilities 138,272 78,200
Total Liabilities 9,675,253 7,371,042
Stockholders’ Equity    
Common stock, no par value; authorized 100,000,000 shares; issued 65,002,738 shares and outstanding 64,871,703 shares at December 31, 2022, and issued 50,737,400 shares and outstanding 50,606,365 shares at December 31, 2021 855,425 565,862
Retained earnings 329,375 259,340
Treasury shares, at cost, 131,035 shares at December 31, 2022 and December 31, 2021 (1,452) (1,452)
Accumulated other comprehensive income (74,761) 3,264
Total Stockholders’ Equity 1,108,587 827,014
Total Liabilities and Stockholders’ Equity $ 10,783,840 $ 8,198,056