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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks $ 63,945 $ 83,990
Interest earning deposits in banks 5,273 2,445
Total cash and cash equivalents 69,218 86,435
Debt securities available for sale at fair value 954,074 1,153,547
Held to maturity securities at amortized cost 1,117,709 1,129,421
Total securities 2,071,783 2,282,968
Loans held for sale 2,553 612
Gross loans held for investment 3,932,900 3,854,791
Unearned income, net (13,535) (14,267)
Loans held for investment, net of unearned income 3,919,365 3,840,524
Allowance for credit losses (49,800) (49,200)
Total loans held for investment, net 3,869,565 3,791,324
Premises and equipment, net 86,208 87,125
Goodwill 62,477 62,477
Other intangible assets, net 28,563 30,315
Foreclosed assets, net 0 103
Other assets 219,585 236,517
Total assets 6,409,952 6,577,876
LIABILITIES AND SHAREHOLDERS' EQUITY    
Noninterest bearing deposits 989,469 1,053,450
Interest bearing deposits 4,565,684 4,415,492
Total deposits 5,555,153 5,468,942
Short-term borrowings 143,981 391,873
Long-term debt 137,981 139,210
Other liabilities 72,187 85,058
Total liabilities 5,909,302 6,085,083
Shareholders' equity    
Preferred stock, no par value; authorized 500,000 shares; no shares issued and outstanding 0 0
Common stock, $1.00 par value; authorized 30,000,000 shares; issued shares of 16,581,017 and 16,581,017; outstanding shares of 15,675,325 and 15,623,977 16,581 16,581
Additional paid-in capital 300,966 302,085
Retained earnings 286,767 289,289
Treasury stock at cost, 905,692 and 957,040 shares (24,779) (26,115)
Accumulated other comprehensive loss (78,885) (89,047)
Total shareholders' equity 500,650 492,793
Total liabilities and shareholders' equity $ 6,409,952 $ 6,577,876