XML 15 R2.htm IDEA: XBRL DOCUMENT v3.24.2
CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2024
Dec. 31, 2023
ASSETS    
Cash and due from banks $ 110,341,000 $ 121,004,000
Interest-bearing deposits at other financial institutions 379,909,000 278,233,000
Total cash and cash equivalents 490,250,000 399,237,000
Available for sale securities, at fair value 1,630,971,000 1,395,680,000
Loans held for investment 7,713,897,000 7,925,133,000
Less: allowance for credit losses on loans (94,772,000) (91,684,000)
Loans, net 7,619,125,000 7,833,449,000
Accrued interest receivable 43,348,000 44,244,000
Premises and equipment, net 113,984,000 118,683,000
Federal Home Loan Bank stock 15,089,000 25,051,000
Bank-owned life insurance 106,262,000 105,084,000
Goodwill 497,318,000 497,318,000
Core deposit intangibles, net 104,315,000 116,712,000
Other assets 103,001,000 111,681,000
TOTAL ASSETS 10,723,663,000 10,647,139,000
Deposits:    
Noninterest-bearing 3,308,441,000 3,546,815,000
Interest-bearing    
Demand 1,564,405,000 1,659,999,000
Money market and savings 2,213,031,000 2,136,777,000
Certificates and other time 1,639,426,000 1,529,876,000
Total interest-bearing deposits 5,416,862,000 5,326,652,000
Total deposits 8,725,303,000 8,873,467,000
Accrued interest payable 12,327,000 11,288,000
Borrowed funds 240,000,000 50,000,000
Subordinated debt 109,964,000 109,765,000
Other liabilities 70,274,000 81,601,000
Total liabilities 9,157,868,000 9,126,121,000
COMMITMENTS AND CONTINGENCIES (See Note 13)
SHAREHOLDERS’ EQUITY:    
Preferred stock, $0.01 par value; 10,000,000 shares authorized; no shares issued or outstanding at June 30, 2024 and December 31, 2023 0 0
Common stock, $0.01 par value; 140,000,000 shares authorized; 53,564,116 shares issued and outstanding at June 30, 2024 and 53,291,079 shares issued and outstanding at December 31, 2023 536,000 533,000
Capital surplus 1,238,477,000 1,232,627,000
Retained earnings 447,948,000 405,945,000
Accumulated other comprehensive loss (121,166,000) (118,087,000)
Total shareholders’ equity 1,565,795,000 1,521,018,000
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 10,723,663,000 $ 10,647,139,000