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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
ASSETS    
Cash and cash equivalents $ 754,393 $ 756,971
Available-for-sale debt securities, at fair value (amortized cost of $674,329 in 2022 and $492,626 in 2021, allowance for credit losses of $0 in 2022 and 2021) 629,947 495,126
Held-to-maturity debt securities (fair value of $32,621 in 2022 and $44,764 in 2021, allowance for credit losses of $10 in 2022 and $47 in 2021) 32,628 44,299
Equity securities with readily determinable fair value 175 2,620
Mortgage loans held for sale, at fair value 2,912 29,393
Consumer loans held for sale, at fair value 8,796 19,747
Consumer loans held for sale, at the lower of cost or fair value 12,679 2,937
Loans (loans carried at fair value of $11 in 2022 and $170 in 2021) 4,289,450 4,496,562
Allowance for credit losses (64,919) (64,577)
Loans, net 4,224,531 4,431,985
Federal Home Loan Bank stock, at cost 8,568 10,311
Premises and equipment, net 32,813 36,073
Right-of-use assets 41,303 38,825
Goodwill 16,300 16,300
Other real estate owned 1,634 1,792
Bank owned life insurance 101,013 99,161
Other assets and accrued interest receivable 131,971 108,092
TOTAL ASSETS 5,999,663 6,093,632
Deposits:    
Noninterest-bearing 2,014,123 1,990,781
Interest-bearing 2,786,385 2,849,637
Total deposits 4,800,508 4,840,418
Securities sold under agreements to repurchase and other short-term borrowings 209,376 290,967
Operating lease liabilities 42,109 39,672
Federal Home Loan Bank advances 20,000 25,000
Other liabilities and accrued interest payable 86,712 63,343
Total liabilities 5,158,705 5,259,400
Commitments and contingent liabilities (Footnote 9)
STOCKHOLDERS' EQUITY    
Preferred stock, no par value
Class A Common Stock and Class B Common Stock, no par value 4,649 4,702
Additional paid in capital 140,958 139,956
Retained earnings 728,639 687,700
Accumulated other comprehensive (loss) income (33,288) 1,874
Total stockholders' equity 840,958 834,232
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 5,999,663 $ 6,093,632