v3.23.3
Consolidated Balance Sheets - USD ($)
Sep. 30, 2023
Dec. 31, 2022
Assets    
Cash and due from banks $ 48,145,000 $ 19,486,000
Interest earning deposits with banks 202,946,000 228,955,000
Restricted cash 51,837,000 42,160,000
Other short-term investments 6,024,000 0
Cash and cash equivalents 308,952,000 290,601,000
Securities    
Debt securities available for sale, at fair value 1,033,797,000 1,057,621,000
Debt securities held to maturity, at amortized cost (estimated fair value of $195,165 and $217,609 at September 30, 2023 and December 31, 2022, respectively) 230,254,000 242,101,000
Equity securities with readily determinable fair value not held for trading 2,438,000 11,383,000
Federal Reserve Bank and Federal Home Loan Bank stock 47,878,000 55,575,000
Securities 1,314,367,000 1,366,680,000
Loans held for sale, at lower of fair value or cost 43,257,000 0
Mortgage loans held for sale, at fair value 25,952,000 62,438,000
Loans held for investment, gross 7,073,387,000 6,857,194,000
Less: Allowance for credit losses 98,773,000 83,500,000
Loans held for investment, net 6,974,614,000 6,773,694,000
Bank owned life insurance 232,736,000 228,412,000
Premises and equipment, net 43,004,000 41,772,000
Deferred tax assets, net 63,501,000 48,703,000
Operating lease right-of-use assets 116,763,000 139,987,000
Goodwill 20,525,000 19,506,000
Accrued interest receivable and other assets 202,029,000 156,011,000
Total assets 9,345,700,000 9,127,804,000
Deposits    
Noninterest bearing 1,370,157,000 1,367,664,000
Interest bearing 2,416,797,000 2,300,469,000
Savings and money market 1,457,080,000 1,647,811,000
Time 2,302,878,000 1,728,255,000
Total deposits 7,546,912,000 7,044,199,000
Advances from the Federal Home Loan Bank 595,000,000 906,486,000
Senior notes 59,447,000 59,210,000
Subordinated notes 29,412,000 29,284,000
Junior subordinated debentures held by trust subsidiaries 64,178,000 64,178,000
Operating lease liabilities 120,665,000 140,147,000
Accounts payable, accrued liabilities and other liabilities 210,299,000 178,574,000
Total liabilities 8,625,913,000 8,422,078,000
Contingencies (Note 16)
Stockholders’ equity    
Class A common stock, $0.10 par value, 250 million shares authorized; 33,583,621 shares issued and outstanding at September 30, 2023 (33,815,161 shares issued and outstanding at December 31, 2022) 3,359,000 3,382,000
Additional paid in capital 194,103,000 194,694,000
Retained earnings 630,933,000 590,375,000
Accumulated other comprehensive loss (105,634,000) (80,635,000)
Total stockholders' equity before noncontrolling interest 722,761,000 707,816,000
Noncontrolling interest (2,974,000) (2,090,000)
Total stockholders' equity 719,787,000 705,726,000
Total liabilities and stockholders' equity $ 9,345,700,000 $ 9,127,804,000

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