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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Assets    
Cash and due from banks $ 80,988 $ 97,123
Federal funds sold 4,150 35,450
Interest-bearing deposits at financial institutions 72,870 104,919
Securities held to maturity, at amortized cost, net of allowance for credit losses 718,623 683,504
Securities available for sale, at fair value 290,980 299,655
Securities trading, at fair value 22,258 22,369
Total securities 1,031,861 1,005,528
Loans receivable held for sale 275,344 2,594
Loans/leases receivable held for investment 6,372,992 6,540,822
Gross loans/leases receivable 6,648,336 6,543,416
Less allowance for credit losses (84,470) (87,200)
Net loans/leases receivable 6,563,866 6,456,216
Bank-owned life insurance 109,090 108,222
Premises and equipment, net 133,179 123,277
Restricted investment securities 31,734 41,648
Other real estate owned, net 784 1,347
Goodwill 139,027 139,027
Intangibles 13,131 13,821
Derivatives 183,888 187,341
Other assets 234,981 224,975
Total assets 8,599,549 8,538,894
Liabilities and Stockholders' Equity    
Noninterest-bearing 955,167 1,038,689
Interest-bearing 5,851,608 5,475,316
Total deposits 6,806,775 6,514,005
Short-term borrowings 2,700 1,500
Federal Home Loan Bank advances 205,000 435,000
Subordinated notes 233,170 233,064
Junior subordinated debentures 48,763 48,731
Derivatives 211,677 215,735
Other liabilities 184,122 204,263
Total liabilities 7,692,207 7,652,298
Stockholders' Equity:    
Preferred stock, $1 par value; shares authorized 250,000 March 2024 and December 2023 - no shares issued or outstanding
Common stock, $1 par value; shares authorized 20,000,000 March 2024 - 16,807,056 shares issued and outstanding December 2023 - 16,749,254 shares issued and outstanding 16,807 16,749
Additional paid-in capital 371,157 370,814
Retained earnings 580,711 554,992
Accumulated other comprehensive loss:    
Securities available for sale (38,756) (35,980)
Derivatives (22,577) (19,979)
Total stockholders' equity 907,342 886,596
Total liabilities and stockholders' equity $ 8,599,549 $ 8,538,894