XML 12 R2.htm IDEA: XBRL DOCUMENT v3.21.2
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Assets:    
Cash and due from banks $ 127,743 $ 194,143
Short-term investments 4,463 8,125
Mortgage loans held for sale, at fair value 31,492 61,614
Available for sale debt securities, at fair value 1,052,577 894,571
Federal Home Loan Bank stock, at cost 22,757 30,285
Loans:    
Total loans [1] 4,299,800 4,195,990
Less: allowance for credit losses on loans 41,879 44,106
Net loans 4,257,921 4,151,884
Premises and equipment, net 29,031 28,870
Operating lease right-of-use assets 28,329 29,521
Investment in bank-owned life insurance 92,355 84,193
Goodwill 63,909 63,909
Identifiable intangible assets, net 5,853 6,305
Other assets 135,550 159,749
Total assets 5,851,980 5,713,169
Liabilities:    
Noninterest-bearing deposits 901,801 832,287
Interest-bearing deposits 3,823,858 3,546,066
Total deposits 4,725,659 4,378,353
Federal Home Loan Bank advances 408,592 593,859
Junior subordinated debentures 22,681 22,681
Operating lease liabilities 30,558 [2] 31,717
Other liabilities 116,634 152,364
Total liabilities 5,304,124 5,178,974
Commitments and contingencies (Note 18)
Shareholders' Equity:    
Common stock 1,085 1,085
Paid-in capital 125,442 125,610
Retained earnings 437,927 418,246
Accumulated other comprehensive income (loss) (15,128) (7,391)
Treasury stock, at cost (1,470) (3,355)
Total shareholders' equity 547,856 534,195
Total liabilities and shareholders’ equity $ 5,851,980 $ 5,713,169
[1] Includes net unamortized loan origination costs of $2.1 million and $1.5 million, respectively, at June 30, 2021 and December 31, 2020 and net unamortized premiums on purchased loans of $558 thousand and $787 thousand, respectively, at June 30, 2021 and December 31, 2020.
[2] Includes short-term operating lease liabilities of $3.0 million.