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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Mar. 31, 2019
ASSETS      
CASH AND DUE FROM BANKS $ 191,486 $ 231,534 $ 176,278
FEDERAL FUNDS SOLD 0 3,150 12,825
INTEREST-BEARING DEPOSITS IN BANKS 76,378 47,920 197,758
Total cash and cash equivalents 267,864 282,604 386,861
INTEREST-BEARING TIME DEPOSITS IN BANKS     1,458
SECURITIES AVAILABLE-FOR-SALE, at fair value 4,107,069 3,413,317 3,212,812
LOANS:      
Held for investment 4,639,389 4,194,969 3,989,160
Less - allowance for loan losses (60,440) (52,499) (51,585)
Net loans held for investment 4,578,949 4,142,470 3,937,575
Held for sale ($39,659 at fair value at March 31, 2020; $12,007 at March 31, 2019; and $23,076 at December 31, 2019) 42,034 28,228 14,446
Net loans 4,620,983 4,170,698 3,952,021
BANK PREMISES AND EQUIPMENT, net 139,554 131,022 135,321
INTANGIBLE ASSETS 319,234 173,667 174,415
OTHER ASSETS 246,387 90,919 83,007
Total assets 9,701,091 8,262,227 7,945,895
LIABILITIES AND SHAREHOLDERS' EQUITY      
NONINTEREST-BEARING DEPOSITS 2,288,597 2,065,128 2,165,745
INTEREST-BEARING DEPOSITS 4,921,869 4,538,678 4,184,996
Total deposits 7,210,466 6,603,806 6,350,741
DIVIDENDS PAYABLE 17,060 16,306 14,244
BORROWINGS 857,871 381,356 382,711
OTHER LIABILITIES 89,332 33,562 90,677
Total liabilities 8,174,729 7,035,030 6,838,373
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY:      
Common stock - ($0.01 par value, authorized 200,000,000 shares; 142,314,930, 135,680,420 and 135,891,755 shares issued at March 31, 2020 and 2019 and December 31, 2019, respectively) 1,423 1,359 1,356
Capital surplus 673,535 450,676 445,672
Retained earnings 727,828 707,656 629,988
Treasury stock (shares at cost: 928,417, 928,678 and 927,408 at March 31, 2020 and 2019, and December 31, 2019, respectively) (8,437) (8,222) (7,660)
Deferred Compensation 8,437 8,222 7,660
Accumulated other comprehensive earnings (loss) 123,576 67,506 30,506
Total shareholders' equity 1,526,362 1,227,197 1,107,522
Total liabilities and shareholders' equity $ 9,701,091 $ 8,262,227 $ 7,945,895