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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
ASSETS    
Cash and Due from Banks $ 56,706 $ 59,971
Federal Funds Sold and Other Short-term Investments 192,987 43,913
Cash and Cash Equivalents 249,693 103,884
Interest-bearing Time Deposits with Banks 1,489 1,985
Securities Available-for-Sale, at Fair Value (Amortized Cost $997,074, No Allowance for Credit Losses as of September 30, 2020) 1,036,910 854,825
Other Investments 353 353
Loans Held-for-Sale, at Fair Value 27,993 17,713
Loans 3,225,232 3,081,973
Less: Unearned Income (4,105) (4,882)
Allowance for Credit Losses (46,768) (16,278)
Loans, Net 3,174,359 3,060,813
Stock in FHLB of Indianapolis and Other Restricted Stock, at Cost 13,168 13,968
Premises, Furniture and Equipment, Net 96,682 96,651
Other Real Estate 425 425
Goodwill 121,956 121,306
Intangible Assets 9,827 12,656
Company Owned Life Insurance 68,893 68,883
Accrued Interest Receivable and Other Assets 51,082 44,210
TOTAL ASSETS 4,852,830 4,397,672
LIABILITIES    
Non-interest-bearing Demand Deposits 1,185,814 832,985
Interest-bearing Demand, Savings, and Money Market Accounts 2,278,826 1,965,640
Time Deposits 515,034 631,396
Total Deposits 3,979,674 3,430,021
FHLB Advances and Other Borrowings 214,544 349,686
Accrued Interest Payable and Other Liabilities 54,631 44,145
TOTAL LIABILITIES 4,248,849 3,823,852
SHAREHOLDERS’ EQUITY    
Common Stock, no par value, $1 stated value; 45,000,000 shares authorized 26,493 26,671
Additional Paid-in Capital 274,166 278,954
Retained Earnings 272,579 253,090
Accumulated Other Comprehensive Income 30,743 15,105
TOTAL SHAREHOLDERS’ EQUITY 603,981 573,820
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 4,852,830 $ 4,397,672
End of period shares issued (in shares) 26,492,866 26,671,368
End of period shares outstanding (in shares) 26,492,866 26,671,368