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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
ASSETS    
Cash and Due from Banks $ 53,081 $ 59,971
Federal Funds Sold and Other Short-term Investments 225,290 43,913
Cash and Cash Equivalents 278,371 103,884
Interest-bearing Time Deposits with Banks 1,985 1,985
Securities Available-for-Sale, at Fair Value (Amortized Cost $921,890, No Allowance for Credit Losses) 962,270 854,825
Other Investments 353 353
Loans Held-for-Sale, at Fair Value 21,756 17,713
Loans 3,270,934 3,081,973
Less: Unearned Income (4,587) (4,882)
Allowance for Credit Losses (42,431) (16,278)
Loans, Net 3,223,916 3,060,813
Stock in FHLB of Indianapolis and Other Restricted Stock, at Cost 13,368 13,968
Premises, Furniture and Equipment, Net 96,748 96,651
Other Real Estate 425 425
Goodwill 121,956 121,306
Intangible Assets 10,720 12,656
Company Owned Life Insurance 68,533 68,883
Accrued Interest Receivable and Other Assets 50,650 44,210
TOTAL ASSETS 4,851,051 4,397,672
LIABILITIES    
Non-interest-bearing Demand Deposits 1,139,928 832,985
Interest-bearing Demand, Savings, and Money Market Accounts 2,267,092 1,965,640
Time Deposits 572,413 631,396
Total Deposits 3,979,433 3,430,021
FHLB Advances and Other Borrowings 219,700 349,686
Accrued Interest Payable and Other Liabilities 57,244 44,145
TOTAL LIABILITIES 4,256,377 3,823,852
SHAREHOLDERS’ EQUITY    
Common Stock, no par value, $1 stated value; 45,000,000 shares authorized 26,497 26,671
Additional Paid-in Capital 274,017 278,954
Retained Earnings 263,011 253,090
Accumulated Other Comprehensive Income 31,149 15,105
TOTAL SHAREHOLDERS’ EQUITY 594,674 573,820
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 4,851,051 $ 4,397,672
End of period shares issued (in shares) 26,497,291 26,671,368
End of period shares outstanding (in shares) 26,497,291 26,671,368