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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Assets:    
Cash and due from banks $ 297,039 $ 194,143
Short-term investments 3,349 8,125
Mortgage loans held for sale, at fair value 48,705 61,614
Available for sale debt securities, fair value 1,045,833 894,571
Federal Home Loan Bank stock, at cost 15,094 30,285
Loans:    
Total loans [1] 4,286,404 4,195,990
Less: allowance for credit losses on loans 41,711 44,106
Net loans 4,244,693 4,151,884
Premises and equipment, net 28,488 28,870
Operating lease right-of-use assets 27,518 29,521
Investment in bank-owned life insurance 92,974 84,193
Goodwill 63,909 63,909
Identifiable intangible assets, net 5,631 6,305
Other assets 129,410 159,749
Total assets 6,002,643 5,713,169
Liabilities:    
Noninterest-bearing deposits 950,974 832,287
Interest-bearing deposits 4,107,168 3,546,066
Total deposits 5,058,142 4,378,353
Federal Home Loan Bank advances 222,592 593,859
Junior subordinated debentures 22,681 22,681
Operating lease liabilities 29,810 [2] 31,717
Other liabilities 114,100 152,364
Total liabilities 5,447,325 5,178,974
Commitments and contingencies (Note 18)
Shareholders' Equity:    
Common stock 1,085 1,085
Paid-in capital 126,265 125,610
Retained earnings 447,566 418,246
Accumulated other comprehensive income (loss) (18,128) (7,391)
Treasury stock, at cost (1,470) (3,355)
Total shareholders' equity 555,318 534,195
Total liabilities and shareholders’ equity $ 6,002,643 $ 5,713,169
[1] Includes net unamortized loan origination costs of $5.0 million and $1.5 million, respectively, at September 30, 2021 and December 31, 2020 and net unamortized premiums on purchased loans of $489 thousand and $787 thousand, respectively, at September 30, 2021 and December 31, 2020.
[2] Includes short-term operating lease liabilities of $3.1 million.