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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks $ 62,555 $ 50,571
Interest-earning deposits with other banks 157,303 74,557
Cash and cash equivalents 219,858 125,128
Investment securities held-to-maturity (fair value $156,325 and $194,886 at December 31, 2020 and 2019, respectively) 151,257 192,052
Investment securities available-for-sale (amortized cost $221,254 and $251,014, net of allowance for credit losses of $869 and $— at December 31, 2020 and 2019, respectively) 218,640 246,924
Investments in equity securities 3,279 2,623
Federal Home Loan Bank, Federal Reserve Bank and other stock, at cost 28,183 28,254
Loans held for sale 37,039 5,504
Loans and leases held for investment 5,306,841 4,386,836
Allowance for credit losses, loans and leases 83,044 35,331
Net loans and leases held for investment 5,223,797 4,351,505
Premises and equipment, net 55,636 56,676
Operating lease right-of-use asset 34,325 34,418
Goodwill 172,559 172,559
Other intangibles, net of accumulated amortization 8,866 10,284
Bank owned life insurance 117,718 114,778
Accrued interest receivable and other assets 65,339 40,219
Total assets 6,336,496 5,380,924
LIABILITIES    
Noninterest-bearing deposits 1,690,663 1,279,681
Interest-bearing deposits:    
Demand deposits 2,070,183 1,677,682
Savings deposits 918,094 796,702
Time deposits 563,775 606,010
Total deposits 5,242,715 4,360,075
Short-term borrowings 17,906 18,680
Long-term debt 110,000 150,098
Subordinated notes 183,515 94,818
Operating lease liabilities 37,690 37,617
Accrued interest payable and other liabilities 52,198 44,514
Total liabilities 5,644,024 4,705,802
SHAREHOLDERS' EQUITY    
Common stock, $5 par value: 48,000,000 shares authorized at December 31, 2020 and 2019; 31,556,799 shares issued at December 31, 2020 and 2019; 29,295,052 and 29,334,629 shares outstanding at December 31, 2020 and 2019, respectively 157,784 157,784
Additional paid-in capital 296,186 294,999
Retained earnings 306,899 288,803
Accumulated other comprehensive loss, net of tax benefit (22,144) (21,730)
Treasury stock, at cost; 2,261,747 and 2,222,170 shares at December 31, 2020 and 2019, respectively (46,253) (44,734)
Total shareholders' equity 692,472 675,122
Total liabilities and shareholders' equity $ 6,336,496 $ 5,380,924