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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks $ 67,176 $ 115,232
Interest-bearing deposits with banks 78,139 804,481
Total cash and cash equivalents 145,315 919,713
Securities available-for-sale, at fair value (amortized cost:$1,418,337 in 2022; $1,741,153 in 2021; allowance for credit losses: $0 in both 2022 and 2021) 1,257,101 1,751,832
Securities held-to-maturity 691,484 0
Other securities 33,944 22,226
Total securities 1,982,529 1,774,058
Loans held for sale 4,443 7,678
Loans, net of ACL of $38,917 in 2022 and $30,742 in 2021 3,735,240 2,928,811
Interest receivable 27,723 23,256
Premises and equipment 143,518 125,959
Operating lease right-of-use assets 7,620 4,095
Finance lease right-of-use assets 1,930 2,394
Cash surrender value of life insurance 95,571 87,420
Goodwill 180,254 156,663
Other real estate owned 4,832 2,565
Other assets 132,742 44,802
Total assets 6,461,717 6,077,414
Deposits:    
Non-interest-bearing 1,630,203 1,550,381
Interest-bearing 3,864,201 3,676,403
Total deposits 5,494,404 5,226,784
Interest payable 3,324 1,711
Borrowed funds 130,100 0
Subordinated debentures 145,027 144,726
Operating lease liabilities 7,810 4,192
Finance lease liabilities 1,918 2,094
Allowance for credit losses on off-balance sheet credit exposures 1,325 1,070
Other liabilities 31,146 20,665
Total liabilities 5,815,054 5,401,242
Stockholders’ Equity:    
Common stock, par value $1 per share: 40,000,000 shares authorized;25,275,369 shares issued in 2022, 40,000,000 shares authorized and 21,668,644 shares issued in 2021, respectively 25,275 21,669
Additional paid-in capital 558,833 459,228
Retained earnings 252,623 206,228
Accumulated other comprehensive (loss) income (148,957) 7,978
Treasury stock, at cost (1,249,607 shares - 2022; 649,607 shares - 2021) (41,111) (18,931)
Total stockholders' equity 646,663 676,172
Total liabilities and stockholders' equity $ 6,461,717 $ 6,077,414