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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks $ 119,121 $ 115,232
Interest-bearing deposits with banks 237,650 804,481
Cash and cash equivalents 356,771 919,713
Securities available-for-sale, at fair value (amortized cost: $1,638,341 - 2022; $1,741,153 - 2021; allowance for credit losses: $0) 1,489,247 1,751,832
Securities held to maturity, net of allowance for credit losses of $0 (fair value: $561,333 - 2022; $0 - 2021) 593,154 0
Other securities 22,588 22,226
Total securities 2,104,989 1,774,058
Loans held for sale 6,703 7,678
Loans held for investment 3,124,924 2,959,553
Allowance for credit losses (32,400) (30,742)
Loans, net 3,092,524 2,928,811
Interest receivable 24,543 23,256
Premises and equipment 126,512 125,959
Operating lease right-of-use assets 4,050 4,095
Finance lease right-of-use assets 2,162 2,394
Cash surrender value of bank-owned life insurance 84,763 87,420
Goodwill 156,942 156,663
Other real estate owned 1,985 2,565
Other assets 75,481 44,802
Total assets 6,037,425 6,077,414
Deposits:    
Noninterest-bearing deposits 822,841 756,118
Interest-bearing 4,483,356 4,470,666
Total deposits 5,306,197 5,226,784
Interest payable 1,607 1,711
Subordinated debentures 144,876 144,726
Operating lease liabilities 4,145 4,192
Finance lease liabilities 2,006 2,094
Allowance for credit losses on off-balance sheet credit exposures 1,220 1,070
Other liabilities 16,922 20,665
Total liabilities 5,476,973 5,401,242
Shareholders’ equity:    
Common stock, par value $1 per share, 40,000,000 shares authorized; 21,778,731 shares issued at June 30, 2022, and 21,668,644 shares issued at December 31, 2021, respectively 21,779 21,669
Additional paid-in capital 459,503 459,228
Retained earnings 231,654 206,228
Accumulated other comprehensive (loss) income (111,373) 7,978
Treasury stock, at cost, 1,249,607 shares at June 30, 2022 and 649,607 shares at December 31, 2021 (41,111) (18,931)
Total shareholders’ equity 560,452 676,172
Total liabilities and shareholders’ equity $ 6,037,425 $ 6,077,414