Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Assets:
Cash and due from banks	$ 78,666	$ 92,816
Cash at Federal Reserve and other banks	627,186	183,691
Cash and cash equivalents	705,852	276,507
Investment securities:
Marketable equity securities	3,033	2,960
Available for sale debt securities, net of allowance for credit losses of $—	996,280	950,138
Held to maturity debt securities, net of allowance for credit losses of $—	337,165	375,606
Restricted equity securities	17,250	17,250
Loans held for sale	8,352	5,265
Loans	4,801,405	4,307,366
Allowance for credit losses	(79,739)	(30,616)
Total loans, net	4,721,666	4,276,750
Premises and equipment, net	85,292	87,086
Cash value of life insurance	119,254	117,823
Accrued interest receivable	20,337	18,897
Goodwill	220,872	220,872
Other intangible assets, net	20,694	23,557
Operating leases, right-of-use	29,842	27,879
Other assets	74,182	70,591
Total assets	7,360,071	6,471,181
Deposits:
Noninterest-bearing demand	2,487,120	1,832,665
Interest-bearing	3,761,138	3,534,329
Total deposits	6,248,258	5,366,994
Accrued interest payable	1,734	2,407
Operating lease liability	29,743	27,540
Other liabilities	98,684	91,984
Other borrowings	38,544	18,454
Junior subordinated debt	57,422	57,232
Total liabilities	6,474,385	5,564,611
Commitments and contingencies (Note 7)
Shareholders’ equity:
Preferred stock, no par value: 1,000,000 shares authorized, zero issued and outstanding at June 30, 2020 and December 31, 2019	0	0
Common stock, no par value: 50,000,000 shares authorized; 29,759,209 and 30,523,824 issued and outstanding at June 30, 2020 and December 31, 2019, respectively	530,422	543,998
Retained earnings	354,645	367,794
Accumulated other comprehensive income (loss), net of tax	619	(5,222)
Total shareholders’ equity	885,686	906,570
Total liabilities and shareholders’ equity	$ 7,360,071	$ 6,471,181