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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Assets:    
Cash and due from banks $ 88,242 $ 89,923
Short-term investments 3,317 3,552
Mortgage loans held for sale 14,608 20,996
Securities:    
Available for sale debt securities, at fair value 994,881 927,810
Held to maturity debt securities, at amortized cost 0 10,415
Total securities 994,881 938,225
Federal Home Loan Bank stock, at cost 48,025 46,068
Loans:    
Total loans [1] 3,738,469 3,680,360
Less allowance for loan losses 27,644 27,072
Net loans 3,710,825 3,653,288
Premises and equipment, net 29,822 29,005
Operating lease right-of-use assets 28,249 0
Investment in bank-owned life insurance 80,786 80,463
Goodwill 63,909 63,909
Identifiable intangible assets, net 7,923 8,162
Other assets 84,142 77,175
Total assets 5,154,729 5,010,766
Liabilities:    
Noninterest-bearing deposits 577,319 603,216
Interest-bearing deposits 2,926,941 2,920,832
Total deposits 3,504,260 3,524,048
Federal Home Loan Bank advances 1,056,129 950,722
Junior subordinated debentures 22,681 22,681
Operating lease liabilities 30,187 [2] 0
Other liabilities 71,629 65,131
Total liabilities 4,684,886 4,562,582
Commitments and contingencies (Note 18)
Shareholders' Equity:    
Common stock 1,082 1,081
Paid-in capital 120,743 119,888
Retained earnings 365,521 355,524
Unrealized losses on held to maturity securities, net of tax (17,503) (28,309)
Total shareholders' equity 469,843 448,184
Total liabilities and shareholders’ equity $ 5,154,729 $ 5,010,766
[1] Includes net unamortized loan origination costs of $4.9 million and $4.7 million, respectively, at March 31, 2019 and December 31, 2018 and net unamortized premiums on purchased loans of $668 thousand and $703 thousand, respectively, at March 31, 2019 and December 31, 2018.
[2] Includes short-term operating lease liabilities of $2.5 million.