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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
ASSETS    
Cash and cash equivalents $ 756,971 $ 485,587
Available-for-sale debt securities, at fair value (amortized cost of $492,626 in 2021 and $512,518 in 2020, allowance for credit losses of $0 in 2021 and $0 in 2020) 495,126 523,863
Held-to-maturity debt securities (fair value of $44,764 in 2021 and $54,190 in 2020, allowance for credit losses of $47 in 2021 and $178 in 2020) 44,299 53,324
Equity securities with readily determinable fair value 2,620 3,083
Mortgage loans held for sale, at fair value 29,393 46,867
Consumer loans held for sale, at fair value 19,747 3,298
Consumer loans held for sale, at the lower of cost or fair value 2,937 1,478
Loans (loans carried at fair value of $170 in 2021 and $497 in 2020) 4,496,562 4,813,103
Allowance for credit losses (64,577) (61,067)
Loans, net 4,431,985 4,752,036
Federal Home Loan Bank stock, at cost 10,311 17,397
Premises and equipment, net 36,073 39,512
Right-of-use assets 38,825 43,345
Goodwill 16,300 16,300
Other real estate owned 1,792 2,499
Bank owned life insurance 99,161 68,018
Other assets and accrued interest receivable 108,092 111,718
TOTAL ASSETS 6,093,632 6,168,325
Deposits:    
Noninterest-bearing 1,990,781 1,890,416
Interest-bearing 2,849,637 2,842,765
Total deposits 4,840,418 4,733,181
Securities sold under agreements to repurchase and other short-term borrowings 290,967 211,026
Operating lease liabilities 39,672 44,340
Federal Home Loan Bank advances 25,000 235,000
Subordinated note   41,240
Other liabilities and accrued interest payable 63,343 80,215
Total liabilities 5,259,400 5,345,002
Commitments and contingent liabilities (Footnote 13)
STOCKHOLDERS' EQUITY    
Preferred stock, no par value
Class A Common Stock and Class B Common Stock, no par value 4,702 4,899
Additional paid in capital 139,956 143,637
Retained earnings 687,700 666,278
Accumulated other comprehensive income 1,874 8,509
Total stockholders' equity 834,232 823,323
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 6,093,632 $ 6,168,325