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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
ASSETS    
Cash and due from banks $ 68,072 $ 61,573
Interest-earning deposits with other banks 157,262 47,847
Cash and cash equivalents 225,334 109,420
Investment securities held-to-maturity (fair value $186,644 and $141,575 at September 30, 2019 and December 31, 2018, respectively) 183,845 142,634
Investment securities available-for-sale 262,143 328,507
Investments in equity securities 2,459 2,165
Federal Home Loan Bank, Federal Reserve Bank and other stock, at cost 29,254 28,337
Loans held for sale 2,893 1,754
Loans and leases held for investment 4,251,933 4,006,574
Less: Reserve for loan and lease losses (33,662) (29,364)
Net loans and leases held for investment 4,218,271 3,977,210
Premises and equipment, net 57,171 59,559
Operating lease right-of-use assets 34,965  
Goodwill 172,559 172,559
Other intangibles, net of accumulated amortization 10,522 11,990
Bank owned life insurance 114,037 111,599
Accrued interest receivable and other assets 40,158 38,613
Total assets 5,353,611 4,984,347
LIABILITIES    
Noninterest-bearing deposits 1,198,425 1,055,919
Interest-bearing deposits    
Demand deposits 1,644,546 1,377,171
Savings deposits 776,920 782,766
Time deposits 718,100 670,077
Total deposits 4,337,991 3,885,933
Short-term borrowings 18,970 189,768
Long-term debt 160,128 145,330
Subordinated notes 94,757 94,574
Operating lease liabilities 38,116  
Accrued interest payable and other liabilities 39,350 44,609
Total liabilities 4,689,312 4,360,214
SHAREHOLDERS' EQUITY    
Common stock, $5 par value: 48,000,000 shares authorized at September 30, 2019 and December 31, 2018; 31,556,799 shares issued at September 30, 2019 and December 31, 2018; 29,312,534 and 29,270,852 shares outstanding at September 30, 2019 and December 31, 2018, respectively 157,784 157,784
Additional paid-in capital 294,556 292,401
Retained earnings 279,158 248,167
Accumulated other comprehensive loss, net of tax benefit (22,008) (28,416)
Treasury stock, at cost; 2,244,265 and 2,285,947 shares at September 30, 2019 and December 31, 2018, respectively (45,191) (45,803)
Total shareholders’ equity 664,299 624,133
Total liabilities and shareholders’ equity $ 5,353,611 $ 4,984,347