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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 158,987 $ 187,320
Available-for-sale securities - taxable 285,426 298,208
Available-for-sale securities - tax-exempt 449,805 443,426
Loans, net of allowance for loan losses of $51,458 and $56,896 at March 31, 2020 and December 31, 2019, respectively 3,950,993 3,795,348
Premises and equipment, net 68,817 70,210
Restricted equity securities 18,539 17,278
Interest receivable 16,958 15,716
Foreclosed assets held for sale 3,619 3,619
Deferred tax asset 8,914 13,782
Goodwill and other intangible assets, net 7,669 7,694
Bank-owned life insurance 66,145 65,689
Other 31,535 12,943
Total assets 5,067,407 4,931,233
Deposits    
Non-interest bearing 567,215 521,826
Savings, NOW and money market 2,302,545 2,162,187
Time 1,103,062 1,239,746
Total deposits 3,972,822 3,923,759
Federal funds purchased and repurchase agreements 38,946 14,921
Federal Home Loan Bank advances 402,680 358,743
Other borrowings 931 921
Interest payable and other liabilities 40,082 31,245
Total liabilities 4,455,461 4,329,589
Stockholders’ equity    
Redeemable preferred stock, $0.01 par value, $25.00 liquidation value: authorized - 5,000,000 shares, issued - 0 shares at March 31, 2020 and December 31, 2019, respectively 0 0
Common stock, $0.01 par value: authorized - 200,000,000 shares, issued - 52,098,062 and 51,969,203 shares at March 31, 2020 and December 31, 2019, respectively 521 520
Additional paid-in capital 520,134 519,870
Retained earnings 68,689 64,803
Accumulated other comprehensive income 22,602 16,451
Total stockholders’ equity 611,946 601,644
Total liabilities and stockholders’ equity $ 5,067,407 $ 4,931,233