XML 16 R2.htm IDEA: XBRL DOCUMENT v3.21.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and due from banks, including interest-bearing deposits of $897,999 and $158,903 at June 30, 2021 and December 31, 2020 $ 985,278 $ 229,666
Securities, at fair value 840,375 773,693
Loans held for sale 7,648 18,528
Portfolio loans, net of unearned income 7,007,351 7,225,860
Allowance for credit losses on loans (109,636) (117,612)
Portfolio loans, net 6,897,715 7,108,248
Bank owned life insurance 83,087 82,303
Premises and equipment, net 54,173 55,614
Federal Home Loan Bank and other restricted stock, at cost 10,106 13,030
Goodwill 373,424 373,424
Other intangible assets, net 7,771 8,675
Other assets 236,255 304,716
Total Assets 9,495,832 8,967,897
Deposits:    
Noninterest-bearing demand 2,668,833 2,261,994
Interest-bearing demand 979,300 864,510
Money market 2,047,254 1,937,063
Savings 1,050,256 969,508
Certificates of deposit 1,269,621 1,387,463
Total Deposits 8,015,264 7,420,538
Securities sold under repurchase agreements 68,587 65,163
Short-term borrowings 0 75,000
Long-term borrowings 22,969 23,681
Junior subordinated debt securities   64,083
Other liabilities 136,166 164,721
Total Liabilities 8,307,099 7,813,186
SHAREHOLDERS’ EQUITY    
Common stock ($2.50 par value)
Authorized—50,000,000 shares
Issued—41,449,444 shares at June 30, 2021 and December 31, 2020
Outstanding—39,345,719 shares at June 30, 2021 and 39,298,007 shares at December 31, 2020 103,623 103,623
Additional paid-in capital 402,053 400,668
Retained earnings 746,472 710,061
Accumulated other comprehensive income 3,605 8,971
Treasury stock — 2,103,725 shares at June 30, 2021 and 2,151,437 shares at December 31, 2020, at cost (67,020) (68,612)
Total Shareholders’ Equity 1,188,733 1,154,711
Total Liabilities and Shareholders’ Equity $ 9,495,832 $ 8,967,897