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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks, including interest-bearing deposits of $751,378 and $857,192 at March 31, 2022 and December 31, 2021 $ 823,757 $ 922,215
Securities, at fair value 1,028,218 910,793
Loans held for sale 1,346 1,522
Portfolio loans, net of unearned income 6,963,911 6,999,990
Allowance for credit losses (99,915) (98,576)
Portfolio loans, net 6,863,996 6,901,414
Bank owned life insurance 84,093 83,685
Premises and equipment, net 51,671 52,632
Federal Home Loan Bank and other restricted stock, at cost 9,349 9,519
Goodwill 373,424 373,424
Other intangible assets, net 6,497 6,895
Other assets 189,930 226,430
Total Assets 9,432,281 9,488,529
Deposits:    
Noninterest-bearing demand 2,740,315 2,748,586
Interest-bearing demand 1,070,656 979,133
Money market 1,992,916 2,070,579
Savings 1,117,985 1,110,155
Certificates of deposit 1,038,586 1,088,071
Total Deposits 7,960,458 7,996,524
Securities sold under repurchase agreements 70,112 84,491
Long-term borrowings 22,171 22,430
Junior subordinated debt securities 54,408 54,393
Other liabilities 140,182 124,237
Total Liabilities 8,247,331 8,282,075
SHAREHOLDERS’ EQUITY    
Common stock ($2.50 par value)
Authorized—50,000,000 shares
Issued—41,449,444 shares at March 31, 2022 and December 31, 2021
Outstanding—39,351,688 shares at March 31, 2022 and 39,351,194 shares at December 31, 2021 103,623 103,623
Additional paid-in capital 403,841 403,095
Retained earnings 791,345 773,659
Accumulated other comprehensive loss (47,043) (7,090)
Treasury stock — 2,097,756 shares at March 31, 2022 and 2,098,250 shares at December 31, 2021, at cost (66,816) (66,833)
Total Shareholders’ Equity 1,184,950 1,206,454
Total Liabilities and Shareholders’ Equity $ 9,432,281 $ 9,488,529