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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Assets:    
Cash and due from banks $ 190,314 $ 294,236
Debt securities available for sale 3,999,801 4,331,743
Debt securities held to maturity, net of allowance for credit losses of $1 at December 31, 2023 and $1 at December 31, 2022 (Fair value of $849,562 at December 31, 2023 and $873,511 at December 31, 2022) 878,396 915,913
Loans 866,602 958,488
Allowance for credit losses on loans (16,867) (20,284)
Loans, net of allowance for credit losses on loans 849,735 938,204
Premises and equipment, net 27,016 28,819
Identifiable intangibles, net 347 583
Goodwill 121,673 121,673
Other assets 297,310 319,146
Total Assets 6,364,592 6,950,317
Liabilities:    
Noninterest-bearing deposits 2,605,844 2,947,277
Interest-bearing deposits 2,868,423 3,278,013
Total deposits 5,474,267 6,225,290
Short-term borrowed funds 58,162 57,792
Other liabilities 59,269 65,125
Total Liabilities 5,591,698 6,348,207
Contingencies (Note 12)
Shareholders' Equity:    
Common stock (no par value), authorized - 150,000 shares Issued and outstanding: 26,671 at December 31, 2023 and 26,913 at December 31, 2022 473,136 475,086
Deferred compensation 35 35
Accumulated other comprehensive loss (190,282) (256,105)
Retained earnings 490,005 383,094
Total Shareholders' Equity 772,894 602,110
Total Liabilities and Shareholders' Equity $ 6,364,592 $ 6,950,317