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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Assets:    
Cash and due from banks $ 166,960 $ 194,143
Short-term investments 3,783 8,125
Mortgage loans held for sale, at fair value 77,450 61,614
Available for sale debt securities, at fair value 948,094 894,571
Federal Home Loan Bank stock, at cost 24,772 30,285
Loans:    
Total loans [1] 4,194,666 4,195,990
Less: allowance for credit losses on loans 42,137 44,106
Net loans 4,152,529 4,151,884
Premises and equipment, net 28,953 28,870
Operating lease right-of-use assets 28,761 29,521
Investment in bank-owned life insurance 84,749 84,193
Goodwill 63,909 63,909
Identifiable intangible assets, net 6,079 6,305
Other assets 133,350 159,749
Total assets 5,719,389 5,713,169
Liabilities:    
Noninterest-bearing deposits 932,999 832,287
Interest-bearing deposits 3,616,143 3,546,066
Total deposits 4,549,142 4,378,353
Federal Home Loan Bank advances 466,912 593,859
Junior subordinated debentures 22,681 22,681
Operating lease liabilities 30,974 [2] 31,717
Other liabilities 116,081 152,364
Total liabilities 5,185,790 5,178,974
Commitments and contingencies (Note 18)
Shareholders' Equity:    
Common stock 1,085 1,085
Paid-in capital 124,882 125,610
Retained earnings 429,598 418,246
Accumulated other comprehensive income (loss) (20,006) (7,391)
Treasury stock, at cost (1,960) (3,355)
Total shareholders' equity 533,599 534,195
Total liabilities and shareholders’ equity $ 5,719,389 $ 5,713,169
[1] Includes net unamortized loan origination fees of $223 thousand at March 31, 2021 and net unamortized loan origination costs of $1.5 million, at December 31, 2020 and net unamortized premiums on purchased loans of $653 thousand and $787 thousand, respectively, at March 31, 2021 and December 31, 2020.
[2] Includes short-term operating lease liabilities of $2.9 million.