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CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Cash and cash equivalents    
Cash and due from banks $ 6,687,000 $ 5,984,000
Interest earning deposits at Federal Reserve Bank 310,642,000 339,531,000
Total cash and cash equivalents 317,329,000 345,515,000
Debt Securities, Available-for-sale 1,054,223,000 1,206,164,000
Commercial loans, at fair value 1,550,025,000 1,810,812,000
Loans, net of deferred loan fees and costs [1] 3,136,662,000 2,652,323,000
Allowance for credit losses (16,159,000) (16,082,000)
Loans, net 3,120,503,000 2,636,241,000
Federal Home Loan Bank and Atlantic Central Bankers Bank stock 1,663,000 1,368,000
Premises and equipment, net 16,602,000 17,608,000
Accrued interest receivable 17,180,000 20,458,000
Intangible assets, net 2,547,000 2,845,000
Other real estate owned 2,145,000 0
Deferred tax asset, net 12,237,000 9,757,000
Investment in unconsolidated entity, at fair value   31,294,000
Assets held-for-sale from discontinued operations 87,904,000 113,650,000
Other assets 86,105,000 81,129,000
Total assets 6,268,463,000 6,276,841,000
Deposits    
Demand and interest checking 4,734,352,000 5,205,010,000
Savings and money market 378,160,000 257,050,000
Total deposits 5,112,512,000 5,462,060,000
Securities sold under agreements to repurchase 42,000 42,000
Short-term borrowings 300,000,000  
Senior debt 98,590,000 98,314,000
Subordinated debentures 13,401,000 13,401,000
Other long-term borrowings 39,715,000 40,277,000
Other liabilities 66,226,000 81,583,000
Total liabilities 5,630,486,000 5,695,677,000
SHAREHOLDERS' EQUITY    
Common stock - authorized, 75,000,000 shares of $1.00 par value; 57,330,846 and 57,550,629 shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively 57,331,000 57,551,000
Additional paid-in capital 357,528,000 377,452,000
Retained earnings 212,114,000 128,453,000
Accumulated other comprehensive income 11,004,000 17,708,000
Total shareholders' equity 637,977,000 581,164,000
Total liabilities and shareholders' equity $ 6,268,463,000 $ 6,276,841,000
[1] The ending balance for loans in the unallocated column represents deferred costs and fees.