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Consolidated Balance Sheets - (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Assets    
Cash and due from banks $ 9,290 $ 8,435
Federal funds sold 20,346 28,200
Interest bearing deposits with banks and other short-term investments 1,566,586 1,752,420
Investment securities (amortized cost of $1,674,264 and $1,129,057 and allowance for credit losses of $132 and $167 as of June 30, 2021 and December 31, 2020, respectively). 1,681,031 1,151,083
Federal Reserve and Federal Home Loan Bank stock 34,033 40,104
Loans held for sale 55,949 88,205
Loans 7,259,558 7,760,212
Less allowance for credit losses (92,560) (109,579)
Loans, net 7,166,998 7,650,633
Premises and equipment, net 15,941 13,553
Operating lease right-of-use assets 29,066 25,237
Deferred income taxes 42,369 38,571
Bank owned life insurance 107,516 76,729
Goodwill and Intangible assets, net 105,148 105,114
Other real estate owned 4,987 4,987
Other assets 121,458 134,531
Total Assets 10,960,718 11,117,802
Deposits:    
Noninterest bearing demand 2,641,636 2,809,334
Interest bearing transaction 946,228 756,923
Savings and money market 4,653,161 4,645,186
Time, $100,000 or more 443,842 546,173
Other time 334,180 431,587
Total deposits 9,019,047 9,189,203
Customer repurchase agreements 19,651 26,726
Other short-term borrowings 300,000 300,000
Long-term borrowings 218,273 268,077
Operating lease liabilities 31,662 28,022
Reserve for unfunded commitments 4,295 5,498
Other liabilities 61,454 59,384
Total Liabilities 9,654,382 9,876,910
Shareholders’ Equity    
Common stock, par value $0.01 per share; shares authorized 100,000,000, shares issued and outstanding 31,961,573 and 31,779,663, respectively 316 315
Additional paid in capital 431,103 427,016
Retained earnings 870,397 798,061
Accumulated other comprehensive income 4,520 15,500
Total Shareholders’ Equity 1,306,336 1,240,892
Total Liabilities and Shareholders’ Equity $ 10,960,718 $ 11,117,802