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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
ASSETS    
Cash and Due from Banks $ 70,660 $ 47,173
Federal Funds Sold and Other Short-term Investments 302,386 349,717
Cash and Cash Equivalents 373,046 396,890
Interest-bearing Time Deposits with Banks 747 745
Securities Available-for-Sale, at Fair Value (Amortized Cost $2,092,522 for September 30, 2022; Amortized Cost $1,869,198 for December 31, 2021; No Allowance for Credit Losses) 1,701,628 1,889,617
Other Investments 353 353
Loans Held-for-Sale, at Fair Value 10,418 10,585
Loans 3,686,368 3,007,926
Less: Unearned Income (3,852) (3,662)
Allowance for Credit Losses (44,699) (37,017)
Loans, Net 3,637,817 2,967,247
Stock in FHLB of Indianapolis and Other Restricted Stock, at Cost 15,106 13,048
Premises, Furniture and Equipment, Net 111,098 88,863
Other Real Estate 0 0
Goodwill 180,476 121,761
Intangible Assets 10,336 5,845
Company Owned Life Insurance 83,501 70,070
Accrued Interest Receivable and Other Assets 135,379 43,515
TOTAL ASSETS 6,259,905 5,608,539
LIABILITIES    
Non-interest-bearing Demand Deposits 1,755,065 1,529,223
Interest-bearing Demand, Savings, and Money Market Accounts 3,381,082 2,867,994
Time Deposits 438,194 347,099
Total Deposits 5,574,341 4,744,316
FHLB Advances and Other Borrowings 146,015 152,183
Accrued Interest Payable and Other Liabilities 44,848 43,581
TOTAL LIABILITIES 5,765,204 4,940,080
SHAREHOLDERS’ EQUITY    
Common Stock, no par value, $1 stated value; 45,000,000 shares authorized 29,485 26,554
Additional Paid-in Capital 386,764 276,057
Retained Earnings 387,510 350,364
Accumulated Other Comprehensive Income (Loss) (309,058) 15,484
TOTAL SHAREHOLDERS’ EQUITY 494,701 668,459
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 6,259,905 $ 5,608,539
End of period shares issued (in shares) 29,485,121 26,553,508
End of period shares outstanding (in shares) 29,485,121 26,553,508