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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Assets:    
Cash and due from banks $ 420,550 $ 294,236
Debt securities available for sale 3,906,233 4,331,743
Debt securities held to maturity, net of allowance for credit losses of $1 at September 30, 2023 and December 31, 2022 (Fair value of $818,395 at September 30, 2023 and $873,511 at December 31, 2022) 888,856 915,913
Loans 885,850 958,488
Allowance for credit losses on loans (17,744) (20,284)
Loans, net of allowance for credit losses on loans 868,106 938,204
Premises and equipment, net 27,490 28,819
Identifiable intangibles, net 404 583
Goodwill 121,673 121,673
Other assets 333,976 319,146
Total Assets 6,567,288 6,950,317
Liabilities:    
Noninterest-bearing deposits 2,723,403 2,947,277
Interest-bearing deposits 2,975,610 3,278,013
Total deposits 5,699,013 6,225,290
Short-term borrowed funds 115,341 57,792
Other liabilities 104,511 65,125
Total Liabilities 5,918,865 6,348,207
Contingencies (Note 10)
Shareholders' Equity:    
Common stock (no par value), authorized: 150,000 shares issued and outstanding: 26,649 at September 30, 2023 and 26,913 at December 31, 2022 471,827 475,086
Deferred compensation 35 35
Accumulated other comprehensive loss (285,709) (256,105)
Retained earnings 462,270 383,094
Total Shareholders' Equity 648,423 602,110
Total Liabilities and Shareholders' Equity $ 6,567,288 $ 6,950,317