XML 30 R2.htm IDEA: XBRL DOCUMENT v3.19.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
ASSETS    
Cash and due from banks, including interest-bearing deposits of $69,021 and $82,740 at September 30, 2019 and December 31, 2018 $ 173,609 $ 155,489
Securities, at fair value 669,226 684,872
Loans held for sale 8,371 2,371
Portfolio loans, net of unearned income 6,195,765 5,946,648
Allowance for loan losses (62,115) (60,996)
Portfolio loans, net 6,133,650 5,885,652
Bank owned life insurance 75,386 73,900
Premises and equipment, net 41,876 41,730
Operating lease right-of-use assets 37,534  
Federal Home Loan Bank and other restricted stock, at cost 25,397 29,435
Goodwill 287,446 287,446
Other intangible assets, net 2,092 2,601
Other assets 117,404 88,725
Total Assets 7,571,991 7,252,221
Deposits:    
Noninterest-bearing demand 1,490,409 1,421,156
Interest-bearing demand 751,881 573,693
Money market 1,660,569 1,482,065
Savings 753,464 784,970
Certificates of deposit 1,326,369 1,412,038
Total Deposits 5,982,692 5,673,922
Securities sold under repurchase agreements 13,925 18,383
Short-term borrowings 370,000 470,000
Long-term borrowings 69,156 70,314
Junior subordinated debt securities 45,619 45,619
Other liabilities 108,152 38,222
Total Liabilities 6,589,544 6,316,460
SHAREHOLDERS’ EQUITY    
Common stock ($2.50 par value) Authorized—50,000,000 shares Issued—36,130,480 shares at September 30, 2019 and at December 31, 2018 Outstanding— 34,244,719 shares at September 30, 2019 and 34,683,874 shares at December 31, 2018 90,326 90,326
Additional paid-in capital 212,040 210,345
Retained earnings 748,280 701,819
Accumulated other comprehensive loss (7,313) (23,107)
Treasury stock (1,885,761 shares at September 30, 2019 and 1,446,606 shares at December 31, 2018, at cost) (60,886) (43,622)
Total Shareholders’ Equity 982,447 935,761
Total Liabilities and Shareholders’ Equity $ 7,571,991 $ 7,252,221