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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks $ 75,729 $ 84,703
Federal funds sold and interest bearing deposits with other banks 35,406 38,094
Investment securities available-for-sale 1,605,242 1,775,128
Other investments 25,075 25,293
Mortgages held for sale 3,118 3,914
Loans and leases - net of unearned discount    
Loans and leases 6,353,648 6,011,162
Allowance for loan and lease losses (144,074) (139,268)
Net loans and leases 6,209,574 5,871,894
Equipment owned under operating leases, net 24,096 31,700
Net premises and equipment 43,951 44,773
Goodwill and intangible assets 83,921 83,907
Accrued income and other assets 418,946 380,010
Total assets 8,525,058 8,339,416
Deposits:    
Noninterest-bearing demand 1,680,725 1,998,151
Interest-bearing deposits:    
Interest-bearing demand 2,416,864 2,591,464
Savings 1,180,837 1,198,191
Time 1,689,066 1,140,459
Total interest-bearing deposits 5,286,767 4,930,114
Total deposits 6,967,492 6,928,265
Short-term borrowings:    
Federal funds purchased and securities sold under agreements to repurchase 48,335 141,432
Other short-term borrowings 223,757 74,097
Total short-term borrowings 272,092 215,529
Long-term debt and mandatorily redeemable securities 46,533 46,555
Subordinated notes 58,764 58,764
Accrued expenses and other liabilities 197,180 166,537
Total liabilities 7,542,061 7,415,650
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 September 30, 2023 and December 31, 2022 436,538 436,538
Retained earnings 769,603 694,862
Cost of common stock in treasury (3,776,591 shares at September 30, 2023 and 3,543,388 shares at December 31, 2022) (130,579) (119,642)
Accumulated other comprehensive loss (151,312) (147,690)
Total shareholders’ equity 924,250 864,068
Noncontrolling interests 58,747 59,698
Total equity 982,997 923,766
Total liabilities and equity $ 8,525,058 $ 8,339,416
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 3,776,591 3,543,388
Commercial and agricultural    
Loans and leases - net of unearned discount    
Loans and leases $ 763,051 $ 812,031
Allowance for loan and lease losses (14,969) (14,635)
Solar    
Loans and leases - net of unearned discount    
Loans and leases 364,949 381,163
Allowance for loan and lease losses (6,105) (7,217)
Auto and light truck    
Loans and leases - net of unearned discount    
Loans and leases 901,484 808,117
Allowance for loan and lease losses (16,338) (18,634)
Medium and heavy duty truck    
Loans and leases - net of unearned discount    
Loans and leases 323,202 313,862
Allowance for loan and lease losses (7,711) (7,566)
Aircraft    
Loans and leases - net of unearned discount    
Loans and leases 1,079,581 1,077,722
Allowance for loan and lease losses (40,460) (41,093)
Construction equipment    
Loans and leases - net of unearned discount    
Loans and leases 1,062,097 938,503
Allowance for loan and lease losses (26,895) (24,039)
Commercial real estate    
Loans and leases - net of unearned discount    
Loans and leases 1,088,199 943,745
Allowance for loan and lease losses (22,644) (17,431)
Residential real estate and home equity    
Loans and leases - net of unearned discount    
Loans and leases 627,515 584,737
Allowance for loan and lease losses (6,891) (6,478)
Consumer    
Loans and leases - net of unearned discount    
Loans and leases 143,570 151,282
Allowance for loan and lease losses $ (2,061) $ (2,175)