XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.2
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Assets:    
Cash and due from banks $ 95,544 $ 175,259
Short-term investments 3,079 3,234
Mortgage loans held for sale, at fair value 22,656 40,196
Available for sale debt securities, fair value 1,020,469 1,042,859
Federal Home Loan Bank stock, at cost 16,300 13,031
Loans:    
Total loans [1] 4,479,822 4,272,925
Less: allowance for credit losses on loans 36,317 39,088
Net loans 4,443,505 4,233,837
Premises and equipment, net 29,694 28,908
Operating lease right-of-use assets 28,098 26,692
Investment in bank-owned life insurance 100,807 92,592
Goodwill 63,909 63,909
Identifiable intangible assets, net 4,981 5,414
Other assets 153,849 125,196
Total assets 5,982,891 5,851,127
Liabilities:    
Noninterest-bearing deposits 888,981 945,229
Interest-bearing deposits 4,117,648 4,034,822
Total deposits 5,006,629 4,980,051
Federal Home Loan Bank advances 328,000 145,000
Junior subordinated debentures 22,681 22,681
Operating lease liabilities 30,491 29,010
Other liabilities 118,456 109,577
Total liabilities 5,506,257 5,286,319
Commitments and contingencies (Note 17)
Shareholders' Equity:    
Common stock 1,085 1,085
Paid-in capital 126,079 126,511
Retained earnings 475,889 458,310
Accumulated other comprehensive income (loss) (118,041) (19,981)
Treasury stock, at cost (8,378) (1,117)
Total shareholders' equity 476,634 564,808
Total liabilities and shareholders’ equity $ 5,982,891 $ 5,851,127
[1] Includes net unamortized loan origination costs of $10.0 million and $6.7 million, respectively, at June 30, 2022 and December 31, 2021 and net unamortized premiums on purchased loans of $359 thousand and $414 thousand, respectively, at June 30, 2022 and December 31, 2021.