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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks $ 222,517 $ 688,027
Federal funds sold 9,374 308
Securities available-for-sale 1,330,481 1,359,514
Loans 3,060,263 2,812,601
(Less) plus: Net deferred loan (fees)/costs 7,175 3,294
Allowance for credit losses (39,779) (48,305)
Loans, net 3,027,659 2,767,590
Restricted stock 15,378 16,200
Accrued interest receivable 21,288 16,946
Premises and equipment, net 66,147 69,522
Bank-owned life insurance 115,704 116,997
Goodwill 86,985 86,135
Other intangible assets 6,714 8,024
Other real estate owned 337 108
Other assets 86,697 45,728
TOTAL ASSETS 4,989,281 5,175,099
Deposits:    
Non-interest-bearing 857,920 914,933
Interest-bearing:    
Certificates of deposit exceeding the FDIC insurance limits 50,608 74,015
Other interest-bearing deposits 3,460,343 3,420,621
Total Deposits 4,368,871 4,409,569
Short-term borrowings 70,875 93,374
Other borrowings 9,589 15,937
Other liabilities 64,653 73,643
TOTAL LIABILITIES 4,513,988 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-12,051,964 in 2022 and 12,629,893 in 2021 2,012 2,009
Additional paid-in capital 143,185 141,979
Retained earnings 614,829 559,139
Accumulated other comprehensive income/(loss) (139,974) (2,426)
Less: Treasury shares at cost-4,063,028 in 2022 and 3,466,420 in 2021 (144,759) (118,125)
TOTAL SHAREHOLDERS' EQUITY 475,293 582,576
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 4,989,281 5,175,099
Commercial    
ASSETS    
Loans 1,798,260 1,674,066
Residential    
ASSETS    
Loans 673,464 664,509
Consumer    
ASSETS    
Loans $ 588,539 $ 474,026