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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
ASSETS    
Cash and due from banks, including interest-bearing deposits of $124,491 and $82,740 at December 31, 2019 and 2018 $ 197,823 $ 155,489
Securities, at fair value 784,283 684,872
Loans held for sale 5,256 2,371
Portfolio loans, net of unearned income 7,137,152 5,946,648
Allowance for loan losses (62,224) (60,996)
Portfolio loans, net 7,074,928 5,885,652
Bank owned life insurance 80,473 73,900
Premises and equipment, net 56,940 41,730
Federal Home Loan Bank and other restricted stock, at cost 22,977 29,435
Goodwill 371,621 287,446
Other intangible assets, net 10,919 2,601
Other assets 159,429 88,725
Total Assets 8,764,649 7,252,221
LIABILITIES    
Noninterest-bearing demand 1,698,082 1,421,156
Interest-bearing demand 962,331 573,693
Money market 1,949,811 1,482,065
Savings 830,919 784,970
Certificates of deposit 1,595,433 1,412,038
Total Deposits 7,036,576 5,673,922
Securities sold under repurchase agreements 19,888 18,383
Short-term borrowings 281,319 470,000
Long-term borrowings 50,868 70,314
Junior subordinated debt securities 64,277 45,619
Other liabilities 119,723 38,222
Total Liabilities 7,572,651 6,316,460
SHAREHOLDERS’ EQUITY    
Common stock ($2.50 par value) Authorized—50,000,000 shares Issued—41,449,444 shares at December 31, 2019 and 36,130,480 shares at December 31, 2018 Outstanding—39,560,304 shares at December 31, 2019 and 34,683,874 shares at December 31, 2018 103,623 90,326
Additional paid-in capital 399,944 210,345
Retained earnings 761,083 701,819
Accumulated other comprehensive loss (11,670) (23,107)
Treasury stock (1,889,140 shares at December 31, 2019 and 1,446,606 shares at December 31, 2019, at cost) (60,982) (43,622)
Total Shareholders’ Equity 1,191,998 935,761
Total Liabilities and Shareholders’ Equity $ 8,764,649 $ 7,252,221