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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks, including interest-bearing deposits of $151,209 and $138,149 at March 31, 2023 and December 31, 2022 $ 244,152 $ 210,009
Securities, at fair value 998,708 1,002,778
Loans held for sale 81 16
Portfolio loans, net of unearned income 7,251,064 7,183,969
Allowance for credit losses (108,113) (101,340)
Portfolio loans, net 7,142,951 7,082,629
Bank owned life insurance 85,476 85,185
Premises and equipment, net 49,126 49,285
Federal Home Loan Bank and other restricted stock, at cost 30,262 23,035
Goodwill 373,424 373,424
Other intangible assets, net 5,039 5,378
Other assets 264,223 278,828
Total Assets 9,193,442 9,110,567
Deposits:    
Noninterest-bearing demand 2,468,638 2,588,692
Interest-bearing demand 841,130 846,653
Money market 1,599,814 1,731,521
Savings 1,068,274 1,118,511
Certificates of deposit 1,175,238 934,593
Total Deposits 7,153,094 7,219,970
Short-term borrowings 495,000 370,000
Long-term borrowings 14,628 14,741
Junior subordinated debt securities 54,468 54,453
Other liabilities 248,457 266,744
Total Liabilities 7,965,647 7,925,908
SHAREHOLDERS’ EQUITY    
Common stock ($2.50 par value)
Authorized—50,000,000 shares
Issued—41,449,444 shares at March 31, 2023 and December 31, 2022
Outstanding—38,998,156 shares at March 31, 2023 and 38,999,733 shares at December 31, 2022 103,623 103,623
Additional paid-in capital 407,113 406,283
Retained earnings 890,840 863,948
Accumulated other comprehensive loss (96,658) (112,125)
Treasury stock — 2,451,288 shares at March 31, 2023 and 2,449,711 shares at December 31, 2022, at cost (77,123) (77,070)
Total Shareholders’ Equity 1,227,795 1,184,659
Total Liabilities and Shareholders’ Equity $ 9,193,442 $ 9,110,567