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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and due from banks, noninterest-bearing $ 80,090 $ 93,724
Due from banks, interest-bearing 314,103 273,566
Total cash and cash equivalents 394,193 367,290
Securities available for sale 2,305,075 1,453,132
Securities held to maturity (fair values of $369,953 and $170,734) 367,893 167,551
Presold mortgages in process of settlement at fair value 16,746 42,271
SBA loans held for sale 1,518 6,077
Loans 4,869,841 4,731,315
Allowance for credit losses on loans (63,628) (52,388)
Net loans 4,806,213 4,678,927
Premises and equipment 124,391 120,502
Operating right-of-use lease assets 16,900 17,514
Accrued interest receivable 19,422 20,272
Goodwill 231,906 239,272
Other intangible assets 10,173 15,366
Foreclosed properties 1,819 2,424
Bank-owned life insurance 133,919 106,974
Other assets 59,198 52,179
Total assets 8,489,366 7,289,751
LIABILITIES    
Noninterest bearing checking accounts 2,765,360 2,210,012
Interest bearing checking accounts 1,446,259 1,172,022
Money market accounts 1,899,172 1,581,364
Savings accounts 626,616 519,266
Time deposits of $100,000 or more 483,130 564,365
Other time deposits 212,228 226,567
Total deposits 7,432,765 6,273,596
Borrowings 60,764 61,829
Accrued interest payable 609 904
Operating lease liabilities 17,323 17,868
Other liabilities 48,155 42,133
Total liabilities 7,559,616 6,396,330
Commitments and contingencies
SHAREHOLDERS’ EQUITY    
Preferred stock, no par value per share. Authorized: 5,000,000 shares, Issued & outstanding: none and none 0 0
Common stock, no par value per share. Authorized: 40,000,000 shares, Issued & outstanding: 28,524,480 and 28,579,335 shares 398,058 400,582
Retained earnings 529,474 478,489
Stock in rabbi trust assumed in acquisition (1,791) (2,243)
Rabbi trust obligation 1,791 2,243
Accumulated other comprehensive income (loss) 2,218 14,350
Total shareholders’ equity 929,750 893,421
Total liabilities and shareholders’ equity $ 8,489,366 $ 7,289,751