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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Assets:    
Cash and due from banks $ 224,807 $ 175,259
Short-term investments 3,289 3,234
Mortgage loans held for sale, at fair value 15,612 40,196
Available for sale debt securities, fair value 1,008,184 1,042,859
Federal Home Loan Bank stock, at cost 8,452 13,031
Loans:    
Total loans [1] 4,283,852 4,272,925
Less: allowance for credit losses on loans 39,236 39,088
Net loans 4,244,616 4,233,837
Premises and equipment, net 28,878 28,908
Operating lease right-of-use assets 28,816 26,692
Investment in bank-owned life insurance 93,192 92,592
Goodwill 63,909 63,909
Identifiable intangible assets, net 5,198 5,414
Other assets 123,046 125,196
Total assets 5,847,999 5,851,127
Liabilities:    
Noninterest-bearing deposits 911,990 945,229
Interest-bearing deposits 4,215,960 4,034,822
Total deposits 5,127,950 4,980,051
Federal Home Loan Bank advances 55,000 145,000
Junior subordinated debentures 22,681 22,681
Operating lease liabilities 31,169 29,010
Other liabilities 98,007 109,577
Total liabilities 5,334,807 5,286,319
Commitments and contingencies (Note 17)
Shareholders' Equity:    
Common stock 1,085 1,085
Paid-in capital 127,355 126,511
Retained earnings 465,295 458,310
Accumulated other comprehensive income (loss) (79,451) (19,981)
Treasury stock, at cost (1,092) (1,117)
Total shareholders' equity 513,192 564,808
Total liabilities and shareholders’ equity $ 5,847,999 $ 5,851,127
[1] Includes net unamortized loan origination costs of $8.3 million and $6.7 million, respectively, at March 31, 2022 and December 31, 2021 and net unamortized premiums on purchased loans of $389 thousand and $414 thousand, respectively, at March 31, 2022 and December 31, 2021.