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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and Due from Banks $ 57,972 $ 59,971
Federal Funds Sold and Other Short-term Investments 287,776 43,913
Cash and Cash Equivalents 345,748 103,884
Interest-bearing Time Deposits with Banks 1,241 1,985
Securities Available-for-Sale, at Fair Value (Amortized Cost $1,172,175, No Allowance for Credit Losses) 1,217,852 854,825
Other Investments 353 353
Loans Held-for-Sale, at Fair Value 16,904 17,713
Loans 3,091,998 3,081,973
Less:    Unearned Income (3,926) (4,882)
Allowance for Credit Losses (46,859) (16,278)
Loans, Net 3,041,213 3,060,813
Stock in FHLB of Indianapolis and Other Restricted Stock, at Cost 13,168 13,968
Premises, Furniture and Equipment, Net 96,593 96,651
Other Real Estate 325 425
Goodwill 121,956 121,306
Intangible Assets 8,984 12,656
Company Owned Life Insurance 69,250 68,883
Accrued Interest Receivable and Other Assets 43,990 44,210
TOTAL ASSETS 4,977,577 4,397,672
LIABILITIES    
Non-interest-bearing Demand Deposits 1,183,442 832,985
Interest-bearing Demand, Savings, and Money Market Accounts 2,428,636 1,965,640
Time Deposits 494,452 631,396
Total Deposits 4,106,530 3,430,021
FHLB Advances and Other Borrowings 194,529 349,686
Accrued Interest Payable and Other Liabilities 51,809 44,145
TOTAL LIABILITIES 4,352,868 3,823,852
Commitments and Contingencies (See Note 14)
SHAREHOLDERS’ EQUITY    
Common Stock, no par value, $1 stated value; 45,000,000 shares authorized 26,502 26,671
Additional Paid-in Capital 274,385 278,954
Retained Earnings 288,447 253,090
Accumulated Other Comprehensive Income 35,375 15,105
TOTAL SHAREHOLDERS’ EQUITY 624,709 573,820
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 4,977,577 $ 4,397,672
End of period shares issued (in shares) 26,502,157 26,671,368
End of period shares outstanding (in shares) 26,502,157 26,671,368