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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Assets:    
Cash and due from banks $ 141,768 $ 89,923
Short-term investments 4,336 3,552
Mortgage loans held for sale 44,657 20,996
Securities:    
Available for sale debt securities, at fair value 887,020 927,810
Held to maturity debt securities, at amortized cost 0 10,415
Total securities 887,020 938,225
Federal Home Loan Bank stock, at cost 45,030 46,068
Loans:    
Total loans [1] 3,778,106 3,680,360
Less allowance for loan losses 26,997 27,072
Net loans 3,751,109 3,653,288
Premises and equipment, net 29,293 29,005
Operating lease right-of-use assets 27,500 0
Investment in bank-owned life insurance 81,920 80,463
Goodwill 63,909 63,909
Identifiable intangible assets, net 7,448 8,162
Other assets 114,888 77,175
Total assets 5,198,878 5,010,766
Liabilities:    
Noninterest-bearing deposits 619,839 603,216
Interest-bearing deposits 2,966,314 2,920,832
Total deposits 3,586,153 3,524,048
Federal Home Loan Bank advances 956,786 950,722
Junior subordinated debentures 22,681 22,681
Operating lease liabilities 29,541 [2] 0
Other liabilities 105,892 65,131
Total liabilities 4,701,053 4,562,582
Commitments and contingencies (Note 18)
Shareholders' Equity:    
Common stock 1,084 1,081
Paid-in capital 121,900 119,888
Retained earnings 383,765 355,524
Unrealized losses on held to maturity securities, net of tax (8,924) (28,309)
Total shareholders' equity 497,825 448,184
Total liabilities and shareholders’ equity $ 5,198,878 $ 5,010,766
[1]
Includes net unamortized loan origination costs of $5.7 million and $4.7 million, respectively, at September 30, 2019 and December 31, 2018 and net unamortized premiums on purchased loans of $575 thousand and $703 thousand, respectively, at September 30, 2019 and December 31, 2018.
[2] Includes short-term operating lease liabilities of $2.3 million.