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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks $ 84,176 $ 49,202
Interest-earning deposits with other banks 68,623 840,948
Cash and cash equivalents 152,799 890,150
Investment securities held-to-maturity (fair value $134,068 and $178,402 at December 31, 2022 and 2021, respectively) 154,727 176,983
Investment securities available-for-sale (amortized cost $402,111 and $319,474, net of allowance for credit losses of $1,140 and $929 at December 31, 2022 and 2021, respectively) 350,256 317,007
Investments in equity securities 2,579 2,999
Federal Home Loan Bank, Federal Reserve Bank and other stock, at cost 33,841 28,186
Loans held for sale 5,037 21,600
Loans and leases held for investment 6,123,230 5,310,017
Allowance for credit losses, loans and leases (79,004) (71,924)
Net loans and leases held for investment 6,044,226 5,238,093
Premises and equipment, net 50,939 56,882
Operating lease right-of-use asset 30,059 30,407
Goodwill 175,510 175,510
Other intangibles, net of accumulated amortization 11,384 11,848
Bank owned life insurance 120,297 118,699
Accrued interest receivable and other assets 90,362 54,057
Total assets 7,222,016 7,122,421
LIABILITIES    
Noninterest-bearing deposits 2,047,263 2,065,423
Interest-bearing deposits 3,866,263 3,989,701
Total deposits 5,913,526 6,055,124
Short-term borrowings 197,141 20,106
Long-term debt 95,000 95,000
Subordinated notes 148,260 98,874
Operating lease liabilities 33,153 33,453
Accrued interest payable and other liabilities 58,436 46,070
Total liabilities 6,445,516 6,348,627
SHAREHOLDERS' EQUITY    
Common stock, $5 par value: 48,000,000 shares authorized at December 31, 2022 and 2021; 31,556,799 shares issued at December 31, 2022 and 2021; 29,271,915 and 29,500,542 shares outstanding at December 31, 2022 and 2021, respectively 157,784 157,784
Additional paid-in capital 300,808 299,181
Retained earnings 428,637 375,124
Accumulated other comprehensive loss, net of tax benefit (62,104) (16,353)
Treasury stock, value 48,625 41,942
Shareholders' equity: 776,500 773,794
Total liabilities and shareholders' equity $ 7,222,016 $ 7,122,421