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Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Assets    
Cash and due from banks $ 61,352 $ 77,693
Interest-bearing deposits with banks 172,830 39,501
Total cash and cash equivalents 234,182 117,194
Securities available for sale, at fair value 553,278 638,291
Securities held to maturity (fair value of $127,653 and $135,027, respectively) 124,231 133,638
Total securities 677,509 771,929
Securities, restricted 26,354 32,879
Loans held for sale 12,643 12,643
Loans held for investment 3,762,130 3,680,285
Allowance for credit losses (39,215) (32,786)
Loans, net 3,722,915 3,647,499
Premises and equipment, net 34,521 34,062
Operating lease right-of-use assets 41,939 43,450
Accrued interest receivable 11,070 10,908
Goodwill 105,950 105,950
Other intangible assets 3,472 3,677
Prepaid pension 11,243 10,988
Bank owned life insurance 92,490 91,942
Other assets 86,584 38,399
Total assets 5,060,872 4,921,520
Liabilities    
Demand deposits 1,481,552 1,518,958
Savings, NOW and money market deposits 2,264,106 1,987,712
Certificates of deposit of $100,000 or more 215,686 214,093
Other time deposits 94,391 93,884
Total deposits 4,055,735 3,814,647
Repurchase agreements 1,195 999
Federal Home Loan Bank ("FHLB") advances 290,000 435,000
Subordinated debentures, net 78,955 78,920
Operating lease liabilities 44,571 45,977
Other liabilities and accrued expenses 97,163 48,823
Total liabilities 4,567,619 4,424,366
Commitments and contingencies
Stockholders' equity    
Preferred stock, par value $.01 per share (2,000,000 shares authorized; none issued)
Common stock, par value $.01 per share (40,000,000 shares authorized; 19,907,217 and 19,898,022 shares issued, respectively; and 19,722,299 and 19,836,797 shares outstanding, respectively) 199 199
Surplus 355,014 356,436
Retained earnings 153,766 150,703
Treasury stock at cost, 184,918 and 61,225 shares, respectively (4,800) (1,843)
Total stockholders' equity before accumulated other comprehensive income (loss) 504,179 505,495
Accumulated other comprehensive loss, net of income taxes (10,926) (8,341)
Total stockholders' equity 493,253 497,154
Total liabilities and stockholders' equity $ 5,060,872 $ 4,921,520