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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Assets    
Cash and due from banks $ 33,013 $ 30,598
Other investments and interest-bearing deposits in other financial institutions 1,588,334 1,100,475
Total cash and cash equivalents 1,621,347 1,131,073
Securities available-for-sale, at fair value 121,000 235,774
Securities held-to-maturity, at amortized cost, net of allowance for credit losses of $45 at September 30, 2021 and $54 at December 31, 2020 (fair value of $539,433 at September 30, 2021 and $304,927 at December 31, 2020) 537,285 297,389
Loans held-for-sale - SBA, at lower of cost or fair value, including deferred costs 3,678 1,699
Loans, net of deferred fees 2,832,859 2,619,261
Allowance for credit losses on loans (43,680) (44,400)
Loans, net 2,789,179 2,574,861
Federal Home Loan Bank, Federal Reserve Bank stock and other investments, at cost 32,499 33,522
Company-owned life insurance 77,509 77,523
Premises and equipment, net 9,821 10,459
Goodwill 167,631 167,631
Other intangible assets 14,423 16,664
Accrued interest receivable and other assets 88,630 87,519
Total assets 5,463,002 4,634,114
Deposits:    
Demand, noninterest-bearing 1,804,965 1,661,655
Demand, interest-bearing 1,141,944 960,179
Savings and money market 1,600,754 1,119,968
Time deposits - under $250 39,628 45,027
Time deposits - $250 and over 103,046 103,746
CDARS - interest-bearing demand, money market and time deposits 36,044 23,911
Total deposits 4,726,381 3,914,486
Subordinated debt, net of issuance costs 39,878 39,740
Accrued interest payable and other liabilities 106,625 101,999
Total liabilities 4,872,884 4,056,225
Shareholders' equity:    
Preferred stock, no par value; 10,000,000 shares authorized; none issued and outstanding at September 30, 2021 and December 31, 2020
Common stock, no par value; 100,000,000 shares authorized; 60,266,316 shares issued and outstanding at September 30, 2021 and 59,917,457 shares issued and outstanding at December 31, 2020 496,622 493,707
Retained earnings 105,202 94,899
Accumulated other comprehensive loss (11,706) (10,717)
Total shareholders' equity 590,118 577,889
Total liabilities and shareholders' equity $ 5,463,002 $ 4,634,114