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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and Due from Banks $ 48,293 $ 59,971
Federal Funds Sold and Other Short-term Investments 41,847 43,913
Cash and Cash Equivalents 90,140 103,884
Interest-bearing Time Deposits with Banks 1,985 1,985
Securities Available-for-Sale, at Fair Value (Amortized Cost $838,923, No Allowance for Credit Losses) 875,787 854,825
Other Investments 353 353
Loans Held-for-Sale, at Fair Value 15,561 17,713
Loans 3,018,416 3,081,973
Less: Unearned Income (4,683) (4,882)
Allowance for Credit Losses (36,641) (16,278)
Loans, Net 2,977,092 3,060,813
Stock in FHLB of Indianapolis and Other Restricted Stock, at Cost 13,968 13,968
Premises, Furniture and Equipment, Net 96,383 96,651
Other Real Estate 625 425
Goodwill 121,306 121,306
Intangible Assets 11,662 12,656
Company Owned Life Insurance 68,174 68,883
Accrued Interest Receivable and Other Assets 50,817 44,210
TOTAL ASSETS 4,323,853 4,397,672
LIABILITIES    
Non-interest-bearing Demand Deposits 869,847 832,985
Interest-bearing Demand, Savings, and Money Market Accounts 2,008,757 1,965,640
Time Deposits 599,910 631,396
Total Deposits 3,478,514 3,430,021
FHLB Advances and Other Borrowings 207,965 349,686
Accrued Interest Payable and Other Liabilities 53,834 44,145
TOTAL LIABILITIES 3,740,313 3,823,852
SHAREHOLDERS’ EQUITY    
Common Stock, no par value, $1 stated value; 45,000,000 shares authorized 26,540 26,671
Additional Paid-in Capital 274,860 278,954
Retained Earnings 253,780 253,090
Accumulated Other Comprehensive Income 28,360 15,105
TOTAL SHAREHOLDERS’ EQUITY 583,540 573,820
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 4,323,853 $ 4,397,672
End of period shares issued (in shares) 26,540,031 26,671,368
End of period shares outstanding (in shares) 26,498,279 26,671,368