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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks, including interest-bearing deposits of $138,149 and $857,192 at December 31, 2022 and December 31, 2021 $ 210,009 $ 922,215
Securities, at fair value 1,002,778 910,793
Loans held for sale 16 1,522
Portfolio loans, net of unearned income 7,183,969 6,999,990
Allowance for credit losses (101,340) (98,576)
Portfolio loans, net 7,082,629 6,901,414
Bank owned life insurance 85,185 83,685
Premises and equipment, net 49,285 52,632
Federal Home Loan Bank and other restricted stock, at cost 23,035 9,519
Goodwill 373,424 373,424
Other intangible assets, net 5,378 6,895
Other assets 278,828 226,430
Total Assets 9,110,567 9,488,529
Deposits:    
Noninterest-bearing demand 2,588,692 2,748,586
Interest-bearing demand 846,653 979,133
Money market 1,731,521 2,070,579
Savings 1,118,511 1,110,155
Certificates of deposit 934,593 1,088,071
Total Deposits 7,219,970 7,996,524
Short-term borrowings 370,000 84,491
Long-term borrowings 14,741 22,430
Junior subordinated debt securities 54,453 54,393
Other liabilities 266,744 124,237
Total Liabilities 7,925,908 8,282,075
SHAREHOLDERS’ EQUITY    
Common stock ($2.50 par value)
Authorized—50,000,000 shares
Issued—41,449,444 shares at December 31, 2022 and December 31, 2021
Outstanding—38,999,733 shares at December 31, 2022 and 39,351,194 shares at December 31, 2021 103,623 103,623
Additional paid-in capital 406,283 403,095
Retained earnings 863,948 773,659
Accumulated other comprehensive loss (112,125) (7,090)
Treasury stock — 2,449,711 shares at December 31, 2022 and 2,098,250 shares at December 31, 2021, at cost (77,070) (66,833)
Total Shareholders’ Equity 1,184,659 1,206,454
Total Liabilities and Shareholders’ Equity $ 9,110,567 $ 9,488,529