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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks, including interest-bearing deposits of $163,117 and $138,149 at September 30, 2023 and December 31, 2022 $ 238,453 $ 210,009
Securities available for sale, at fair value 955,262 1,002,778
Loans held for sale 257 16
Portfolio loans, net of unearned income 7,515,918 7,183,969
Allowance for credit losses (108,206) (101,340)
Portfolio loans, net 7,407,712 7,082,629
Bank owned life insurance 84,724 85,185
Premises and equipment, net 49,522 49,285
Federal Home Loan Bank and other restricted stock, at cost 38,576 23,035
Goodwill 373,424 373,424
Other intangible assets, net 4,379 5,378
Other assets 313,768 278,828
Total Assets 9,466,077 9,110,567
Deposits:    
Noninterest-bearing demand 2,276,009 2,588,692
Interest-bearing demand 868,624 846,653
Money market 1,615,445 1,731,521
Savings 974,940 1,118,511
Certificates of deposit 1,487,879 934,593
Total Deposits 7,222,897 7,219,970
Short-term borrowings 630,000 370,000
Long-term borrowings 39,396 14,741
Junior subordinated debt securities 49,343 54,453
Other liabilities 300,909 266,744
Total Liabilities 8,242,545 7,925,908
SHAREHOLDERS’ EQUITY    
Common stock ($2.50 par value)
Authorized—50,000,000 shares
Issued—41,449,444 shares at September 30, 2023 and December 31, 2022
Outstanding—38,244,309 shares at September 30, 2023 and 38,999,733 shares at December 31, 2022 103,623 103,623
Additional paid-in capital 407,976 406,283
Retained earnings 935,162 863,948
Accumulated other comprehensive loss (125,636) (112,125)
Treasury stock — 3,205,135 shares at September 30, 2023 and 2,449,711 shares at December 31, 2022, at cost (97,593) (77,070)
Total Shareholders’ Equity 1,223,532 1,184,659
Total Liabilities and Shareholders’ Equity $ 9,466,077 $ 9,110,567