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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Assets:    
Cash and due from banks $ 115,904 $ 89,923
Short-term investments 3,910 3,552
Mortgage loans held for sale 39,996 20,996
Securities:    
Available for sale debt securities, at fair value 969,168 927,810
Held to maturity debt securities, at amortized cost 0 10,415
Total securities 969,168 938,225
Federal Home Loan Bank stock, at cost 49,759 46,068
Loans:    
Total loans [1] 3,730,339 3,680,360
Less allowance for loan losses 27,398 27,072
Net loans 3,702,941 3,653,288
Premises and equipment, net 29,302 29,005
Operating lease right-of-use assets 28,174 0
Investment in bank-owned life insurance 81,351 80,463
Goodwill 63,909 63,909
Identifiable intangible assets, net 7,684 8,162
Other assets 97,574 77,175
Total assets 5,189,672 5,010,766
Liabilities:    
Noninterest-bearing deposits 587,326 603,216
Interest-bearing deposits 2,917,296 2,920,832
Total deposits 3,504,622 3,524,048
Federal Home Loan Bank advances 1,060,960 950,722
Junior subordinated debentures 22,681 22,681
Operating lease liabilities 30,210 [2] 0
Other liabilities 86,994 65,131
Total liabilities 4,705,467 4,562,582
Commitments and contingencies (Note 18)
Shareholders' Equity:    
Common stock 1,083 1,081
Paid-in capital 121,115 119,888
Retained earnings 373,873 355,524
Unrealized losses on held to maturity securities, net of tax (11,866) (28,309)
Total shareholders' equity 484,205 448,184
Total liabilities and shareholders’ equity $ 5,189,672 $ 5,010,766
[1]
Includes net unamortized loan origination costs of $5.3 million and $4.7 million, respectively, at June 30, 2019 and December 31, 2018 and net unamortized premiums on purchased loans of $609 thousand and $703 thousand, respectively, at June 30, 2019 and December 31, 2018.
[2] Includes short-term operating lease liabilities of $2.5 million.