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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks $ 328,222 $ 682,807
Federal funds sold 8,223 308
Securities available-for-sale 1,331,985 1,364,734
Loans:    
Total loans 2,963,910 2,812,601
(Less) plus: Net deferred loan (fees)/costs 6,565 3,294
(Less) plus: Allowance for credit losses (39,495) (48,305)
Loans, Net 2,930,980 2,767,590
Restricted stock 15,372 16,200
Accrued interest receivable 19,128 16,946
Premises and equipment, net 68,113 69,522
Bank-owned life insurance 116,034 116,997
Goodwill 86,985 86,135
Other intangible assets 7,024 8,024
Other real estate owned 214 108
Other assets 97,059 45,728
TOTAL ASSETS 5,009,339 5,175,099
Deposits:    
Non-interest-bearing 894,348 914,933
Interest-bearing:    
Certificates of deposit exceeding the FDIC insurance limits 56,596 74,015
Other interest-bearing deposits 3,456,562 3,420,621
Total Deposits 4,407,506 4,409,569
Short-term borrowings 89,321 93,374
Other borrowings 9,593 15,937
Other liabilities 64,293 73,643
TOTAL LIABILITIES 4,570,713 4,592,523
Shareholders' equity    
Common stock, $0.125 stated value per share; Authorized shares-40,000,000 Issued shares-16,114,992 in 2022 and 16,096,313 in 2021 Outstanding shares-12,021,998 in 2022 and 12,629,893 in 2021 2,011 2,009
Additional paid-in capital 142,596 141,979
Retained earnings 607,220 559,139
Accumulated other comprehensive income (loss) (167,375) (2,426)
Less: Treasury shares at cost-4,092,994 in 2022 and 3,466,420 in 2021 (145,826) (118,125)
TOTAL SHAREHOLDERS' EQUITY 438,626 582,576
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 5,009,339 5,175,099
Commercial    
Loans:    
Total loans 1,717,265 1,674,066
(Less) plus: Allowance for credit losses (13,294) (18,883)
Residential    
Loans:    
Total loans 676,400 664,509
(Less) plus: Allowance for credit losses (14,463) (18,316)
Consumer    
Loans:    
Total loans 570,245 474,026
(Less) plus: Allowance for credit losses $ (11,534) $ (10,721)