XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks, including interest-bearing deposits of $61,186 and $857,192 at September 30, 2022 and December 31, 2021 $ 134,903 $ 922,215
Securities, at fair value 997,428 910,793
Loans held for sale 1,039 1,522
Portfolio loans, net of unearned income 7,096,916 6,999,990
Allowance for credit losses (99,694) (98,576)
Portfolio loans, net 6,997,222 6,901,414
Bank owned life insurance 84,778 83,685
Premises and equipment, net 49,802 52,632
Federal Home Loan Bank and other restricted stock, at cost 10,900 9,519
Goodwill 373,424 373,424
Other intangible assets, net 5,743 6,895
Other assets 280,730 226,430
Total Assets 8,935,969 9,488,529
Deposits:    
Noninterest-bearing demand 2,663,176 2,748,586
Interest-bearing demand 847,825 979,133
Money market 1,818,642 2,070,579
Savings 1,128,169 1,110,155
Certificates of deposit 952,785 1,088,071
Total Deposits 7,410,597 7,996,524
Securities sold under repurchase agreements 0 84,491
Short-term borrowings 35,000 0
Long-term borrowings 14,853 22,430
Junior subordinated debt securities 54,438 54,393
Other liabilities 267,900 124,237
Total Liabilities 7,782,788 8,282,075
SHAREHOLDERS’ EQUITY    
Common stock ($2.50 par value)
Authorized—50,000,000 shares
Issued—41,449,444 shares at September 30, 2022 and December 31, 2021
Outstanding—39,012,773 shares at September 30, 2022 and 39,351,194 shares at December 31, 2021 103,623 103,623
Additional paid-in capital 405,506 403,095
Retained earnings 835,684 773,659
Accumulated other comprehensive loss (114,967) (7,090)
Treasury stock — 2,436,671 shares at September 30, 2022 and 2,098,250 shares at December 31, 2021, at cost (76,665) (66,833)
Total Shareholders’ Equity 1,153,181 1,206,454
Total Liabilities and Shareholders’ Equity $ 8,935,969 $ 9,488,529