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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and due from banks $ 69,101 $ 74,186
Federal funds sold and interest bearing deposits with other banks 400,346 168,861
Investment securities available-for-sale 1,413,022 1,197,467
Other investments 27,429 27,429
Mortgages held for sale 6,453 12,885
Loans and leases - net of unearned discount    
Loans and leases 5,483,045 5,489,301
Allowance for loan and lease losses (136,361) (140,654)
Net loans and leases 5,346,684 5,348,647
Equipment owned under operating leases, net 56,011 65,040
Net premises and equipment 47,617 49,373
Goodwill and intangible assets 83,937 83,948
Accrued income and other assets 268,094 288,575
Total assets 7,718,694 7,316,411
Deposits:    
Noninterest-bearing demand 1,851,932 1,636,684
Interest-bearing deposits:    
Interest-bearing demand 2,318,210 2,059,139
Savings 1,182,643 1,082,848
Time 992,625 1,167,357
Total interest-bearing deposits 4,493,478 4,309,344
Total deposits 6,345,410 5,946,028
Short-term borrowings:    
Federal funds purchased and securities sold under agreements to repurchase 167,097 143,564
Other short-term borrowings 5,247 7,077
Total short-term borrowings 172,344 150,641
Long-term debt and mandatorily redeemable securities 81,330 81,864
Subordinated notes 58,764 58,764
Accrued expenses and other liabilities 115,389 148,444
Total liabilities 6,773,237 6,385,741
SHAREHOLDERS' EQUITY    
Preferred stock; no par value Authorized 10,000,000 shares; none issued or outstanding 0 0
Common stock; no par value Authorized 40,000,000 shares; issued 28,205,674 at June 30, 2021 and December 31, 2020 436,538 436,538
Retained earnings 558,795 514,176
Cost of common stock in treasury (3,204,947 shares at June 30, 2021 and 2,816,557 shares at December 31, 2020) (101,711) (82,240)
Accumulated other comprehensive income 7,604 18,371
Total shareholders’ equity 901,226 886,845
Noncontrolling interests 44,231 43,825
Total equity 945,457 930,670
Total liabilities and equity $ 7,718,694 $ 7,316,411
Preferred stock; no par value (in dollars per share) $ 0 $ 0
Preferred stock, Authorized shares 10,000,000 10,000,000
Preferred stock, issued shares 0 0
Preferred stock, outstanding shares 0 0
Common stock; no par value (in dollars per share) $ 0 $ 0
Common stock, Authorized shares 40,000,000 40,000,000
Common stock, issued shares 28,205,674 28,205,674
Cost of common stock in treasury, shares 3,204,947 2,816,557
Commercial and agricultural    
Loans and leases - net of unearned discount    
Loans and leases $ 1,125,965 $ 1,186,118
Allowance for loan and lease losses (14,832) (16,680)
Solar    
Loans and leases - net of unearned discount    
Loans and leases 305,250 292,604
Allowance for loan and lease losses (5,867) (5,549)
Auto and light truck    
Loans and leases - net of unearned discount    
Loans and leases 595,326 542,369
Allowance for loan and lease losses (27,221) (28,926)
Medium and heavy duty truck    
Loans and leases - net of unearned discount    
Loans and leases 256,169 279,172
Allowance for loan and lease losses (5,888) (6,400)
Aircraft    
Loans and leases - net of unearned discount    
Loans and leases 883,559 861,460
Allowance for loan and lease losses (35,301) (34,053)
Construction equipment    
Loans and leases - net of unearned discount    
Loans and leases 729,055 714,888
Allowance for loan and lease losses (17,908) (19,166)
Commercial real estate    
Loans and leases - net of unearned discount    
Loans and leases 966,171 969,864
Allowance for loan and lease losses (22,578) (22,758)
Residential real estate and home equity    
Loans and leases - net of unearned discount    
Loans and leases 492,552 511,379
Allowance for loan and lease losses (5,066) (5,374)
Consumer    
Loans and leases - net of unearned discount    
Loans and leases 128,998 131,447
Allowance for loan and lease losses $ (1,700) $ (1,748)