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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Assets    
Cash and due from banks $ 252,048 $ 195,440
Short-term investments and interest-bearing deposits 881,282 966,962
Securities available-for-sale (amortized cost of $1,672,440 at March 31, 2023 and $1,622,173 at December 31, 2022) 1,541,250 1,473,348
Loans 18,317,339 18,254,024
Less: Allowance for loan losses (144,884) (146,485)
Unamortized deferred loan fees, net (5,872) (6,641)
Loans, net 18,166,583 18,100,898
Equity securities 27,011 22,158
Federal Home Loan Bank stock 17,250 17,250
Other real estate owned, net 4,067 4,067
Affordable housing investments and alternative energy partnerships, net 316,475 327,128
Premises and equipment, net 93,204 94,776
Customers’ liability on acceptances 6,547 2,372
Accrued interest receivable 82,420 82,428
Goodwill 375,696 375,696
Other intangible assets, net 5,564 5,757
Right-of-use assets - operating leases 29,906 29,627
Other assets 232,298 250,069
Total assets 22,031,601 21,947,976
Deposits:    
Non-interest-bearing demand deposits 3,748,719 4,168,989
Interest-bearing deposits:    
NOW deposits 2,354,195 2,509,736
Money market deposits 3,014,500 3,812,724
Savings deposits 891,061 1,000,460
Time deposits 8,640,397 7,013,370
Total deposits 18,648,872 18,505,279
Advances from the Federal Home Loan Bank 360,000 485,000
Other borrowings of affordable housing investments 22,481 22,600
Long-term debt 119,136 119,136
Acceptances outstanding 6,547 2,372
Lease liabilities - operating leases 32,599 32,518
Other liabilities 299,627 307,031
Total liabilities 19,489,262 19,473,936
Commitments and contingencies
Stockholders’ Equity    
Common stock, $0.01 par value, 100,000,000 shares authorized; 91,113,634 issued and 72,390,694 outstanding at March 31, 2023, and 91,090,614 issued and 72,742,151 outstanding at December 31, 2022 911 911
Additional paid-in-capital 983,534 981,119
Accumulated other comprehensive income/(loss), net (91,077) (102,295)
Retained earnings 2,316,258 2,244,856
Treasury stock, at cost (18,722,940 shares at March 31, 2023, and 18,348,463 shares at December 31, 2022) (667,287) (650,551)
Total equity 2,542,339 2,474,040
Total liabilities and equity $ 22,031,601 $ 21,947,976