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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks, including interest-bearing deposits of $113,505 and $124,491 at March 31, 2020 and December 31, 2019 $ 187,684 $ 197,823
Securities, at fair value 799,532 784,283
Loans held for sale 7,309 5,256
Portfolio loans, net of unearned income 7,246,745 7,137,152
Allowance for credit losses on loans (96,850) (62,224)
Portfolio loans, net 7,149,895 7,074,928
Bank owned life insurance 80,978 80,473
Premises and equipment, net 56,659 56,940
Federal Home Loan Bank and other restricted stock, at cost 28,253 22,977
Goodwill 374,270 371,621
Other intangible assets, net 10,287 10,919
Other assets 310,629 159,429
Total Assets 9,005,496 8,764,649
Deposits:    
Noninterest-bearing demand 1,702,960 1,698,082
Interest-bearing demand 962,937 962,331
Money market 1,967,692 1,949,811
Savings 836,237 830,919
Certificates of deposit 1,588,053 1,595,433
Total Deposits 7,057,879 7,036,576
Securities sold under repurchase agreements 69,644 19,888
Short-term borrowings 410,240 281,319
Long-term borrowings 50,180 50,868
Junior subordinated debt securities 64,038 64,277
Other liabilities 177,264 119,723
Total Liabilities 7,829,245 7,572,651
SHAREHOLDERS’ EQUITY    
Common stock ($2.50 par value) Authorized—50,000,000 shares Issued—41,449,444 shares at March 31, 2020 and December 31, 2019 Outstanding— 39,125,425 shares at March 31, 2020 and 39,560,304 shares at December 31, 2019 103,623 103,623
Additional paid-in capital 400,387 399,944
Retained earnings 740,726 761,083
Accumulated other comprehensive loss 5,672 (11,670)
Treasury stock (2,324,019 shares at March 31, 2020 and 1,889,140 shares at December 31, 2019, at cost) (74,157) (60,982)
Total Shareholders’ Equity 1,176,251 1,191,998
Total Liabilities and Shareholders’ Equity $ 9,005,496 $ 8,764,649