XML 13 R2.htm IDEA: XBRL DOCUMENT v3.24.3
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Assets    
Cash and due from banks $ 103,840 $ 97,123
Federal funds sold 13,200 35,450
Interest-bearing deposits at financial institutions 145,959 104,919
Securities held to maturity, at amortized cost, net of allowance for credit losses 795,496 683,504
Securities available for sale, at fair value 291,865 299,655
Securities trading, at fair value 58,685 22,369
Total securities 1,146,046 1,005,528
Loans receivable held for sale 167,047 2,594
Loans/leases receivable held for investment 6,661,755 6,540,822
Gross loans/leases receivable 6,828,802 6,543,416
Less allowance for credit losses (86,321) (87,200)
Net loans/leases receivable 6,742,481 6,456,216
Bank-owned life insurance 108,779 108,222
Premises and equipment, net 147,474 123,277
Restricted investment securities 39,386 41,648
Other real estate owned, net 369 1,347
Goodwill 138,595 139,027
Intangibles 11,751 13,821
Derivatives 261,913 187,341
Other assets 228,772 224,975
Total assets 9,088,565 8,538,894
Liabilities and Stockholders' Equity    
Noninterest-bearing 969,348 1,038,689
Interest-bearing 6,015,285 5,475,316
Total deposits 6,984,633 6,514,005
Short-term borrowings 2,750 1,500
Federal Home Loan Bank advances 375,383 435,000
Subordinated notes 233,383 233,064
Junior subordinated debentures 48,828 48,731
Derivatives 285,769 215,735
Other liabilities 181,199 204,263
Total liabilities 8,111,945 7,652,298
Stockholders' Equity:    
Preferred stock, $1 par value; shares authorized 250,000 September 2024 and December 2023 - no shares issued or outstanding
Common stock, $1 par value; shares authorized 20,000,000 September 2024 - 16,861,108 shares issued and outstanding December 2023 - 16,749,254 shares issued and outstanding 16,861 16,749
Additional paid-in capital 373,812 370,814
Retained earnings 635,589 554,992
Accumulated other comprehensive loss:    
Securities available for sale (31,924) (35,980)
Derivatives (17,718) (19,979)
Total stockholders' equity 976,620 886,596
Total liabilities and stockholders' equity $ 9,088,565 $ 8,538,894