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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and due from banks $ 67,517 $ 62,555
Interest-earning deposits with other banks 834,840 157,303
Cash and cash equivalents 902,357 219,858
Investment securities held-to-maturity (fair value $115,661 and $156,325 at September 30, 2021 and December 31, 2020, respectively) 112,643 151,257
Securities Available-for-Sale, Debt Securities, Fair Value 277,773 218,640
Investments in equity securities 2,961 3,279
Federal Home Loan Bank, Federal Reserve Bank and other stock, at cost 28,679 28,183
Loans held for sale 29,093 37,039
Loans and leases held for investment 5,252,045 5,306,841
Less: Allowance for credit losses, loans and leases 70,146 83,044
Net loans and leases held for investment 5,181,899 5,223,797
Premises and equipment, net 55,354 55,636
Operating lease right-of-use assets 31,570 34,325
Goodwill 172,559 172,559
Other intangibles, net of accumulated amortization 9,359 8,866
Bank owned life insurance 117,981 117,718
Accrued interest receivable and other assets 57,624 65,339
Total assets 6,979,852 6,336,496
LIABILITIES    
Noninterest-bearing deposits 1,861,007 1,690,663
Interest-bearing deposits 4,077,147 3,552,052
Deposits, Total 5,938,154 5,242,715
Short-term borrowings 14,101 17,906
Long-term debt 95,000 110,000
Subordinated notes 98,797 183,515
Operating lease liabilities 34,641 37,690
Accrued interest payable and other liabilities 43,136 52,198
Total liabilities 6,223,829 5,644,024
SHAREHOLDERS' EQUITY    
Common stock, $5 par value: 48,000,000 shares authorized at September 30, 2021 and December 31, 2020; 31,556,799 shares issued at September 30, 2021 and December 31, 2020; 29,438,402 and 29,295,052 shares outstanding at September 30, 2021 and December 31, 2020, respectively 157,784 157,784
Additional paid-in capital 298,033 296,186
Retained earnings 363,607 306,899
Accumulated other comprehensive loss, net of tax benefit (20,073) (22,144)
Treasury stock, at cost; 2,118,397 and 2,261,747 shares at September 30, 2021 and December 31, 2020, respectively (43,328) (46,253)
Total shareholders’ equity 756,023 692,472
Total liabilities and shareholders’ equity $ 6,979,852 $ 6,336,496