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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks, including interest-bearing deposits of $150,672 and $138,149 at June 30, 2023 and December 31, 2022 $ 227,867 $ 210,009
Securities available for sale, at fair value 970,372 1,002,778
Loans held for sale 541 16
Portfolio loans, net of unearned income 7,319,611 7,183,969
Allowance for credit losses (105,757) (101,340)
Portfolio loans, net 7,213,854 7,082,629
Bank owned life insurance 85,002 85,185
Premises and equipment, net 48,838 49,285
Federal Home Loan Bank and other restricted stock, at cost 31,271 23,035
Goodwill 373,424 373,424
Other intangible assets, net 4,709 5,378
Other assets 297,044 278,828
Total Assets 9,252,922 9,110,567
Deposits:    
Noninterest-bearing demand 2,330,237 2,588,692
Interest-bearing demand 875,174 846,653
Money market 1,583,717 1,731,521
Savings 1,018,936 1,118,511
Certificates of deposit 1,333,146 934,593
Total Deposits 7,141,210 7,219,970
Short-term borrowings 530,000 370,000
Long-term borrowings 39,513 14,741
Junior subordinated debt securities 54,483 54,453
Other liabilities 274,863 266,744
Total Liabilities 8,040,069 7,925,908
SHAREHOLDERS’ EQUITY    
Common stock ($2.50 par value)
Authorized—50,000,000 shares
Issued—41,449,444 shares at June 30, 2023 and December 31, 2022
Outstanding—38,241,918 shares at June 30, 2023 and 38,999,733 shares at December 31, 2022 103,623 103,623
Additional paid-in capital 406,969 406,283
Retained earnings 913,974 863,948
Accumulated other comprehensive loss (114,043) (112,125)
Treasury stock — 3,207,526 shares at June 30, 2023 and 2,449,711 shares at December 31, 2022, at cost (97,670) (77,070)
Total Shareholders’ Equity 1,212,853 1,184,659
Total Liabilities and Shareholders’ Equity $ 9,252,922 $ 9,110,567